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flagKhandwala Securities Ltd

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BSE Code : 531892 | NSE Symbol : KHANDSE | ISIN : INE060B01014 | Industry : Stock/ Commodity Brokers |


Company History

The Company's roots date back seven decades, when in 1934 the family had setup its first financial venture. Khandwala Securities Limited was setup in February, 1993, principally promoted by Mr. Paresh J Khandwala, a second generation financial market specialist entrepreneur. The Company is a specialized Institutional Dealing and Investment Banking firm with an exemplary track record of cutting-edge research, service innovation, transaction execution and solution structuring. Company is focused on financial services as its core business area.

As a corporate house, the overall operations of Company include Investment Banking, Corporate Advisory Services, Institutional Broking, Private Client Broking and Investment Advisory services. The Company is engaged in Stock broking, providing financial services and solutions like investment, institutional equities.

Various businesses in the Company are divided in four segments. These are: Investment banking business comprising Capital Raising, M&A Advisory, Domestic IPOs, Private Equity placements, Corporate finance advisory, Restructuring, FCCBs and GDRs; Institutional Equities business comprising institutional equity sales, execution, research; Broking and Distribution business comprising non-institutional equity sales, trading, research, broking and distribution, depository participant ship; Investment Advisory business comprising private and corporate wealth management, portfolio management.

Company clients include public and private sector corporations, multinational corporations, financial institutions, institutional investors -both domestic and global, high networth individuals and retail investors as well as market intermediaries. The Company engaged in the business of providing Stock Broking Services, Investment Banking, Portfolio Management Service and Investment Advisory Services.

Khandwala Securities commenced its activities by providing investment and financial consultancy services to corporate and individual clients. In 1993, the Company was accredited by SEBI as a Category I Merchant Banker and expanded its range of financial services to achieve a balanced mix of fund based and non-fund based activities.

The Company currently offers a range of diversified financial services with focus on investment banking and investment advisory services.

The Company is in the process of consolidating similar operations that are currently under different entities. The Company has embarked upon a further and extensive exercise of internal restructuring and transparency, in order to achieve global standards. Khandwala Finances Ltd., a wholly owned subsidiary of the company is being merged with the company.

During the year ended March 31, 2016, Company had one associate Company i.e. Trumonee Financial Limited.

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