Karvy Stock Broking Ltd Company Profile

The Karvy group was formed in 1983 at Hyderabad, India. Karvy ranks among the top
payer in amost a the fieds it operates.Karvy!omputershare "imited is India#s argest $egistrar
and Transfer %gent with a &ient base of neary '(( bue &hip &orporate, managing over ) &rore
a&&ounts. Karvy *to&k +rokers "imited, member of ,ationa *to&k -.&hange of India and the
+ombay *to&k -.&hange, ranks among the top 'sto&k brokers in India. /ith over 0, ((,(((
a&tive a&&ounts, it ranks among the top ' 1epositary 2arti&ipant in India, registered with ,*1"
and !1*". Karvy !omtrade, 3ember of ,!1-4 and 3!4 ranks among the top 3&ommodity
brokers in the &ountry. Karvy Insuran&e +rokers is registered as a +roker with I$1% and ranks
among the top ' insuran&e agent in the &ountry. $egistered with %35I as a &orporate %gent,
Karvy is aso among the top 3utua 5und mobii6er with over $s. ',((( &rore under management.
Karvy $eaty *ervi&es, whi&h started in )((0, has 7ui&ky estabished itsef as a broker who adds
vaue, in the reaty se&tor. Karvy 8oba offers ni&he off shoring servi&es to &ients in the 9*.
Karvy has ':' offi&es over 3:' o&ations a&ross India and overseas at 1ubai and ,ew ;ork. <ver
9,((( highy 7uaified peope staff Karvy.
Organization:
Karvy was started by a group of five &hartered a&&ountants in 19:9. The partners de&ided
to offer, other than the audit servi&es, vaue added servi&es ike &orporate advisory servi&es to
their &ients. The first firm in the group, Karvy !onsutants "imited was in&orporated on )3rd =uy,
1983. In a very short period, it be&ame the argest $egistrar and Transfer %gent in India. This
business was spun off to form a separate >oint venture with !omputershare of %ustraia, in )(('.
Karvy#s foray into sto&k broking began with marketing I2<s, in 1993. /ithin a few years, Karvy
began topping the I2< pro&urement eague tabes and it has &onsistenty maintained its position
among the top '. Karvy was among the first few members of ,ationa *to&k -.&hange, in 199?
and be&ame a member of The *to&k -.&hange, 3umbai in )((1. 1emateriai6ation of shares
gathered pa&e in mid@9(s and Karvy was in the forefront edu&ating investors on the advantages
of demateriai6ing their shares. Today Karvy is among the top ' 1epositary 2arti&ipant in India.
/hie the registry business is a '(A'( =oint Benture with !omputershare of %ustraia, we have
e7uity parti&ipation by I!I!I Bentures "imited and +arings %sia "imited, in Karvy *to&k +roking
"imited. 5or a snapshot of our organi6ation stru&ture, pease &i&k here. Karvy has aways
beieved in adding vaue to servi&es it offers to &ients. %top@not&h resear&h team based in
3umbai and Hyderabad supports its empoyees to advise &ients on their investment needs. /ith
the information overoad today, Karvy#s team of anaysts hep investors make the right &as, be it
e7uities, mf, insuran&e.
<n a typi&a working day KarvyA
Has more than )',((( investors visiting our ':' offi&es
2ubishes C broad&asts at east '( buy C se &as
%ttends to 1(,(((D teephone &as
3ais )',((( enveopes, &ontaining %nnua $eports, dividend &he7uesC advises,
aotment C refund advises
-.e&utes 1'(,(((D trades on ,*- C +*-
-.e&utes '(,((( debit C &redit in the depositary a&&ounts %dvises 3,(((D &ients on the
investments in mutua funds
RETAL SER!CES
"# E$%itie& and 'er ivative&:
EIt pays we to be informed and stay &onne&tedF G a phiosophy that drives the resear&h
team at K%$B; to produ&e and deiver in@depth and in&isive market resear&h to you. % of
K%$B;#s businesses are ba&ked by a dedi&ated resear&h unit whi&h strives to keep investors
abreast with news, information, events and &onditions of markets.
2enetrative and investigative resear&h te&hni7ues unearth a weath of information that
empowers investors in their investment de&isions. The K%$B; resear&h team &reates the
foowing reports and pubi&ations for &onsumption by investors in the Indian e7uity markets.
(# Commoditie&:
!ommodities market, &ontrary to the beiefs of many peope, has been in e.isten&e in
India through the ages. However the re&ent attempt by the 8overnment to permit 3uti@
&ommodity ,ationa eves e.&hanges has indeed given it, a shot in the arm. %s a resut two
e.&hanges 3uti !ommodity -.&hange H3!4I and ,ationa !ommodity and derivatives
-.&hange H,!1-4I have &ome into being. These e.&hanges, by virtue of their high profie
promoters and stakehoders, bunde in themseves, onine trading fa&iities, robust surveian&e
measures and a hasse@free settement system. The futures &ontra&ts avaiabe on a wide
spe&trum of &ommodities ike 8od, *iver, !otton, *tee, *oya oi, *oya beans, /heat, *ugar,
!hana et&., provide e.&eent opportunities for hedging the risks of the farmers, importers,
e.porters, traders and arge s&ae &onsumers. They aso make open an avenue for 7uaity
investments in pre&ious metas. The &ommodities market, as it is not affe&ted by the movements
of the sto&k market or debt market provides tremendous opportunities for better diversifi&ation of
risk. $eai6ing this fa&t, even mutua funds are &ontempating of entering into this market. Karvy
!omtrade "imited is another venture of the prestigious Karvy 8roup. /ith our we estabished
presen&e in the mutifarious fa&ets of the modern 5inan&ia servi&es industry from sto&k broking to
registry servi&es, it is indeed a peasure for us to make foray into the &ommodities derivatives
market whi&h opens yet another door for us to deiver our servi&e to our beoved &ustomers and
the investor pubi& at arge. /ith the high 7uaity infrastru&ture aready in pa&e and a &ommitted
8overnment providing &ontinuous impetus, it is the responsibiity of us, the intermediaries to
deiver these benefits at the door@steps of our esteemed &ustomers. /ith our e.pertise in
finan&ia servi&es, e.isten&e a&ross the engths and breadths of the &ountry and an enviabe
te&hnoogi&a edge, we are a set to bring to you, the peasure of investing in this burgeoning
market, whi&h &an tou&h upon the ives of a vast ma>ority of the popuation from the farmer to the
&orporate aike. /e are &onfident that the &ommodity futures &an be a good vaue addition to your
portfoio. The &ompany provides investment, advisory and brokerage servi&es in Indian
!ommodities 3arkets. %nd most importanty, we offer a wide rea&h through our bran&h network of
over ))' bran&hes o&ated a&ross18( &ities.
)# *%t %al +% nd& Ser vice&:
Investment is the stepping stone to a&hieving oneJs finan&ia dreams. 3utua funds offer an
opportune way to ong@term weath &reation. However, with more and more funds fooding the
market, the task of see&ting the most suitabe s&heme gets even more &ompi&ated. 3utua 5und
%dvisory *ervi&e at Karvy guides you through this ma6e and ensures that your investments are
ba&ked by our 7uaity resear&h. /e, at Karvy hep you to rea&h your goas by offeringA
2rodu&ts of 33 %3!# s
$esear&h reports He.isting funds K ,5<sL strategy reports et&.I
!ustomi6ed mutua fund portfoios
2ortfoio revision Hdepending on &hanging market outook and evoving trendsI.
,# 'e po&itory Ser vi ce &:
K%$B; *to&k +roking "imited provides depository servi&es to investors as a 1epository
2arti&ipant with the ,ationa *e&urities 1epository "imited H,*1"I and !entra 1epository
*ervi&es HIndiaI "imited H!1*"I. The 1epository system in India inks Issuers, ,ationa eve
1epositories, 1epository 2arti&ipants and !earing Houses C !earing !orporation of *to&k
-.&hanges. <ur 1emat servi&es are a&&essibe through any of our network of over
':' bran&hes C investor servi&e &enters o&ated in over 3:' &ities and towns a&ross the &ountry.
<ur 1emat servi&es business has the distin&tion of having a its operations I*< 9((1A )(((
&ertified with state@of@the@art te&hnoogy and operations &apabiities. <ur 1emat servi&e has
innovated over time and we provide onine a&&ess to a&&ount statements and transa&tion aerts
through *3* to its &ients.
Karvy# s 1emat servi&es offer you a se&ure, &onvenient and paperess way to keep tra&k
of your investments in shares and other se&urity instruments over time, without the hasse of
handing paper based trans&ripts. /e provide the foowing servi&es
1emateriai6ation of *hares
$emateriai6ation of *hares
Transfer of *hares
2edging of *hares
-e&troni& !ustodia *ervi&es
3aintenan&e of +enefi&ia Hodings
-e&troni& !redit %gainst !orporate %&tions
-# n &%r anc e Bro kin g Service&:
%t Karvy Insuran&e +roking H2I "td. we provide both ife and non@ife insuran&e produ&ts
to retai individuas, high net@worth &ients and &orporate. /ith the opening up of the insuran&e
se&tor and with a arge number of private payers in the business, we are in a position to provide
taior made poi&ies for different segments of &ustomers. In our >ourney to emerge as a persona
finan&e advisor, we wi be better positioned to everage our reationships with the produ&t
providers and pa&e the re7uirements of our &ustomers appropriatey with the produ&t providers.
/ith Indian markets seeing a sea &hange, both in terms of investment pattern and attitude of
investors, insuran&e is no more seen as ony a ta. saving produ&t but aso as an
investment produ&t. +y setting up a separate entity, we woud be positioned to provide the best of
the produ&ts avaiabe in this business to our &ustomers. <ur wide nationa network, spanning the
ength and breadth of India, further supports these advantages. 5urther, personai6ed servi&e
is provided here by a dedi&ated team &ommitted in giving hasse@free servi&e to the &ients.
.# Bo nd& an d 'e po &i t&:
5i.ed In&ome *e&urities K Trading HK@5I*TI was started in 1e&ember )(() with a ro out
from : dedi&ated &enters of Karvy. The $etai 1ebt 3arket division whi&h is &entrai6ed at the H<
in Hyderabad provides fi.ed in&ome produ&ts to its &ients and is primariy a fund based a&tivity.
The dea si6es vary from $s.1(, ((( to $s.' &rores. 2rodu&ts @ !entra 8overnment se&urities,
*tate 1eveopment "oans, *tate 8uaranteed bonds, 2ubi& *e&tor 9ndertaking +onds, 5inan&ia
Institution +onds, and +ank bonds of *"$C,on@*"$ &ategory, both ta.abe and ta.@free. Target
&ients @ 2rovident 5und Trusts, -du&ationa K $eigious trusts, &haritabe trusts, and !o@operative
banks, $egiona $ura +anks, !orporate, and High ,et worth Individuas *tandard <perating
2ro&edures @ +ased on the spe&ifi& needs of the prospe&ts Muotes of a &ategories of bonds are
sent. The see&tion of instrument is done and post negotiation Hif anyI the settement date is
finai6ed. !ontra&t notes are e.&hanged and written &onfirmations are obtained before initiating
the trade settement. <n the agreed settement date, the funds and se&urities are e.&hanged
between the parties. 2rimariy a the trades are in the ee&troni& mode ony. The /hoesae 1ebt
3arket division is &entrai6ed at 3umbai and is a voi&e based order mat&hing a&tivity whi&h is fee
based. The dea si6e is a minimum of $s.' &r. %nd the reporting is done on the ,*-.
2rodu&ts @ !entra 8overnment se&urities, *tate 1eveopment "oans, *tate 8uaranteed
bonds, 2ubi& *e&tor 9ndertaking +onds, 5inan&ia Institution +onds, and +ank bonds of
*"$C,on@*"$ &ategory, both ta.abe and ta.@free. Target &ients @ !o@operative banks,
&ommer&ia banks, !orporate, 5inan&ia Institutions, Insuran&e &ompanies and %sset
3anagement !ompanies. *tandard <perating 2ro&edures @ The deaers generate )@way 7uotes
during the trading hours and mat&h the institutiona buyers and seers. The dea &ontra&t notes
are generated and e.&hanged between the ) parties. The fees are &oe&ted by raising debit
notes on a monthy basis.
/# Re al ty Se rvic e&:
Karvy $eaty India "imited is promoted by the K%$B; 8roup, a premier and eading
integrated finan&ia servi&es &ompany. K%$B; servi&es over 0( miion individuas in various
&apa&ities, and provides servi&es to over ?(( &orporate. K%$B; has a network of ?((D bran&hes
and '((D fran&hisees whi&h enabes the 8roup to have an unmat&hed rea&h to Nstay in tou&h#
with the &ustomers as we as to a&t as a deivery me&hanism for its various produ&ts. /e at
Karvy $eaty endeavor to be an integrated rea estate investment advisory and management
&ompany that aims to servi&e the mass demand for housing needs in India and to fa&iitate the
$eaty se&tor#s need for stru&tured finan&e, deivered by a top@not&h team of e.perien&ed
professionas.
0# Por tf oli o *anag eme nt Ser vic e&:
In todayJs intri&ate and voatie market your investment re7uires &onstant monitoring and
attention. The demand made on your time and energy by other business may not eave you with
&apa&ity to attend to your persona portfoio with the degree of &are you deem appropriate. /e at
K%$B; understand your situation and offer 23* servi&es taking the same eve of &are and
attention you woud devote to monitoring your portfoio. 8reen /aet is an -ndeavour spe&iay
designed by Karvy to enhan&e the weath of a ni&he segment of investors. This servi&e primariy
meant for H,I#s HHigh ,et worth IndividuasI offers &ustomers a wide range of s&hemes. These
uni7ue s&hemes seek to a&hieve higher returns through broad based parti&ipation in e7uity
markets. This is a&hieved by &reating a diversified e7uity portfoio of sma, medium and arge
&apitai6ed &ompanies.
1# C% rren cy 'eriv at iv e&:
Karvy 5ore. K !urren&y 2rivate "imited HK5!"I is another business enterprise of the
prestigious Karvy group. Having aid a strong foundation in Indian finan&ia servi&es, it is indeed a
peasure for the Karvy group to venture into the &urren&y derivatives segment. This enabes us to
provide e.tended servi&es to our esteemed &ustomers, thereby making the group a singe
window for a finan&ia servi&es. K5!" offers advisory and brokerage servi&es for the Indian
&urren&y derivative markets. /e provide onine trading patforms to our &ients that enabe them
to trade whenever they &hoose whie re&eiving instant professiona support. /ith our powerfu
e.pertise in finan&ia servi&es that e.ists a&ross India, aong with an enviabe te&hnoogi&a edge,
we are a set to bring to you the opportunity of investing in the rapidy growing &urren&y market.
The &urren&y derivatives market wi be an added advantage to your portfoio as it wi hep you to
manage your pri&e risks and add to your investment avenues. Today, we have an e.tensive
network throughout the &ountry, with))' bran&hes spread a&ross 18( &ities.
2EALT3 *A4A5E*E4T
"# Pr iv a te 2ea lt 6:
Karvy 2rivate /eath is formed from the merger of the erstwhie Karvy 2rivate !ients
8roup and 5inan&ia 2anning 8roup, Karvy 2rivate /eath is the /eath 3anagement arm of the
)'@year@odK%$B; 8roup and fo&uses on providing weath management advisory servi&es to
high net worth individuas. Karvy 2rivate /eath as aso a&7uired weath management bouti7ue,
2%$K 5inan&ia %dvisors, whi&h has brought in some 7uaity senior management as we as given
a ki&k@start to the business. Karvy 2rivate /eath is powered by a taented eadership team.
+ased out of 3umbai, the &ompany has bran&hes in +angaore, !hennai, 1ehi, 8oa, Hyderabad,
Kokata and 2une.
(# 4STT7T O4AL SER!CES
"# Reg i& tra r and Tr an& fer A gen cy:
Karvy began its &orporate venture through Karvy !onsutants "imited to a&t as $egistrars
and Transfer agents. This business was spun off in )((' to form a =oint Benture with !omputer
*hare of %ustraia. Karvy !omputershare 2rivate "imited is ranked as IndiaJs ,o. 1 $egistrar and
Transfer %gent. /e are rated as IndiaJs O3ost %dmired $egistrar for overa e.&een&e in voume
management, 7uaity pro&esses and te&hnoogy driven servi&es. <ur servi&es in&ude Initia
2ubi& <ffers HI2<sI pro&essing, share hoder servi&ing, effe&ting &orporate a&tions, investor
information servi&es and host of te&hnoogy enabed servi&es to fa&iitate effi&ient and effe&tive
servi&e deivery.
(# *%t %al +% nd Reg i& try:
The mutua fund registry servi&es provides servi&es to asset management &ompanies in
India as serves as the ba&k@offi&e to mutua fund &ompanies handing transa&tions between %3!#
s, investors, distributors with regard to new fund offers, &osed ended mutua funds, and open@
ended mutua#s in the Indian market. 3utua fund registry servi&es provides asset management
&ompanies with investor servi&e &enters a&ross the &ountry to enabe mutua fund investors to
perform any or a of the foowing transa&tion typesA pur&hases, additiona pur&hases,
redemptions, swit&hes et&.
)# nve &tment Ba nkin g and Corporate +inance:
1eepening of the 5inan&ia 3arkets and an ever@in&reasing sophisti&ation in &orporate
transa&tions, has made the roe of Investment +ankers indispensabe to organi6ations
seeking professiona e.pertise and &ounseing, in raising finan&ia resour&es through &apita
market apart from !apita and !orporate $estru&turing, 3ergers K %&7uisitions, 2ro>e&t %dvisory
and the entire gamut of 5inan&ia 3arket a&tivities. Karvy Investor *ervi&es "imited, a *-+I
registered 3er&hant +anker has emerged as a eading Investment +anking entity in the &ountry
with over a de&ade of e.perien&e. KI*" has buit its reputation by &apitai6ing on its 7uaified
professionas, who have su&&essfuy e.e&uted a arge number of &ompe. and uni7ue
transa&tions. <ur 7uaity professiona team and our work@oriented dedi&ation have propeed us to
offer vaue@added &orporate finan&ia servi&es and a&t as a professiona navigator for ong term
growth of our &ients, who in&ude eading &orporate, *tate 8overnments, 5oreign Institutiona
Investors, pubi& and private se&tor &ompanies and banks, in Indian and goba markets. /e have
aso emerged as traiba6er in the arena of reationships, both at the &ustomer and trade eves
be&ause of our unshakabe integrity, seamess servi&e and innovative soutions that are tuned to
meet varied needs. <ur team of &ommitted industry spe&iaists, having e.tensive e.perien&e in
&apita markets, further nurtures this reationship.
,# n &ti t%t ion al Bro kin g:
The institutiona broking arm of K%$B; *to&k +roking offers &orporate houses and
institutions deaing &apabiities on India eading sto&k e.&hanges H,*- and +*-I in the &ash and
derivatives segments. This unit has devised a pro&ess driven approa&h to address the needs of
institutiona investors who have uni7ue and spe&iai6ed investment needs. The institutiona
broking servi&es desk is a spe&iai6ed business unit at K%$B; that operates out of 3umbai, the
finan&ia &apita of India and is staffed with best@of@industry e7uity market professionas and highy
skied deaers. K%$B; aso supports institutiona traders through their institutiona saes and
resear&h teams with information and insightfu reports on sto&ks, se&tors and industry verti&as.
K%$B;# s institutiona broking &ientee in&ude some ma>or domesti& 3utua 5unds, Insuran&e
!ompanies, +anks and 5II# s in India.
-# 'e 8t * arke t Se rvic e&:
Karvy#s $etai 1ebt 3arket 1ivision provides fi.ed in&ome produ&ts to its &ients. This
fund based a&tivity is &entrai6ed at Hyderabad and began in 1e&ember )(() operating out of
seven dedi&ated &enters of Karvy. <ur servi&es deas with severa produ&ts su&h as !entra
8overnment se&urities, *tate 1eveopment "oans, *tate 8uaranteed bonds, 2ubi& *e&tor
9ndertaking +onds, 5inan&ia Institution +onds, and +ank bonds of *"$C,on@*"$ &ategory with
dea si6es varying from$s.1(,((( to $s.' &rores. <ur servi&es are taiored to meet the
re7uirements of 2rovident 5und Trusts, -du&ationa K $eigious trusts, &haritabe trusts, and !o@
operative banks, $egiona $ura +anks, !orporate, and High ,et worth Individuas. K%$B; aso
operates a /hoesae 1ebt 3arket 1ivision whi&h is &entrai6ed at 3umbai and is a voi&e based
order mat&hing a&tivity whi&h is fee based. This unit deas with produ&ts su&h as !entra
8overnment se&urities, *tate 1eveopment "oans, *tate 8uaranteed bonds, 2ubi& *e&tor
9ndertaking +onds, 5inan&ia Institution +onds, and +ank bonds of *"$C,on@*"$ &ategory with
dea si6es of $s. '&rores and above. <ur whoesae debt market servi&es are targeted towards
!o@operative banks, &ommer&ia banks, !orporate, 5inan&ia Institutions, Insuran&e &ompanies
and %sset 3anagement !ompanies.
.# BP O an d KP O Se rvice&:
Karvy 8oba *ervi&es is a knowedge servi&es &ompany. /e provide spe&iaist resour&es
to e.tend in house anayst teams in driving &ear business resuts. /e serve investment banks,
insuran&e providers, brokerages, hedge funds, resear&h agen&ies, and ife settement providers
a&ross the 9nited *tates, 3idde -ast, and -urope. <ur &ients have found our &ost advantage,
abiity to s&ae efforts, and spe&iaist knowedge regarding emerging markets to be a strong
advantage in the new, fast, and unpredi&tabe word. <ur areas of fo&us in&ude e7uity and
industry resear&h, &ommodity resear&h, &redit anayti&s, te&hnoogy@based workfow soutions,
insuran&e poi&y and portfoio vauation, and other spe&iai6ed servi&es. In&orporated in )((?, we
are ba&ked by over )' years of e.perien&e through India#s argest finan&ia servi&es &ompany, the
Karvy 8roup. /e are o&ated in ,ew ;ork and have our primary goba deivery &enter in
Hyderabad, India.
/# Co rpor at e Ad vi &or:
In a span of over two de&ades, Karvy has emerged as one of the eading finan&ia
servi&es &ompany in India driven by professionaism and an unwavering &ommitment to
innovation. Karvy &ontinues to surge ahead by identifying assessing and meeting &riti&a needs of
its &orporate &ients and professionas.
Karvy has in the &ourse of its various a&tivities fet an a&ute need for a greater degree of
&orporate &ompian&e, ega awareness easy a&&ess and referen&e to &orporate aws and re&ords
on the part of &orporate, &orporate e.e&utives and professionas. It is this need the has promoted
karvy in designing and deveoping theindia&orporateradvisor.&om HI!%I &omes from the
knowedge $esour&e 1ivisionHK$1I of Karvy !onsutants "td. K$1 is ba&ked by 7uaified and
e.perien&ed team of professionas who have deveoped and maintain this uni7ue porta &atering
to knowedge management servi&es to professionas &orporate and business word.
I!% is a repository of amost a &orporate statutes and has been designed to give its user
a &ompetey different per&eption of &orporate aws. It is e7uipped with spe&ifi& toos to hande
various reguatory &ompian&es and tasks that every needs to foow I!% &overs !ompanies %&t,
-&onomi& "aws, Ta.ation "aws, "aws reating to !apita 3arket, +anking and Insuran&e, "abor
and industria "aws, !orporate 8overnan&e et&.
These aws are supported by te.t of egisation, pro&edure, rues. !he&kists, mode
do&uments 5%M and other reevant information I!%# s ob>e&tive is to a&t as true &ounseor of a
professiona and &orporate e.e&utives for his C her ega pro&edura impementation poi&y issues
on any sub>e&t on &orporate aws so as to emerge as professionas friend in need and advisor.
!ombining the &ompany aw information, pro&edures and servi&es, the porta aims to make the
task of &orporate professionas mu&h easier by assisting them in the performan&e of their
fun&tions with a greater degree of effi&ien&y. -asy to a&&ess and easier to navigate, this porta
aims to put in a position that in&reases the effi&ien&y and effe&tiveness of your fun&tions ike
never before.
End of Company Profile
End of Company Profile