Karvy Company Profile

Company Profile The Karvy group was formed in 1983 at Hyderabad, India. Karvy ranks among the top player in almost all the fields it operates. Karvy Computershare Limited is India’s largest Registrar and Transfer Agent with a client base of nearly 500 blue chip corporates, managing over 2 crore accounts. Karvy Stock Brokers Limited, member of National Stock Exchange of India and the Bombay Stock Exchange, ranks among the top 5 stock brokers in India. With over 6,00,000 active accounts, it ranks among the top 5 Depositary Participant in India, registered with NSDL and CDSL. Karvy Comtrade, Member of NCDEX and MCX ranks among the top 3 commodity brokers in the country. Karvy Insurance Brokers is registered as a Broker with IRDA and ranks among the top 5 insurance agent in the country. Registered with AMFI as a corporate Agent, Karvy is also among the top Mutual Fund mobilizer with over Rs. 5,000 crores under

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management. Karvy Realty Services, which started in 2006, has quickly established itself as a broker who adds value, in the realty sector. Karvy Global offers niche off shoring services to clients in the US. Karvy has 575 offices over 375 locations across India and overseas at Dubai and New York. Over 9,000 highly qualified people staff Karvy. Organization: Karvy was started by a group of five chartered accountants in 1979. The partners decided to offer, other than the audit services, value added services like corporate advisory services to their clients. The first firm in the group, Karvy Consultants Limited was incorporated on 23rd July, 1983. In a very short period, it became the largest Registrar and Transfer Agent in India. This business was spun off to form a separate joint venture with Computershare of Australia, in 2005. Karvy’s foray into stock broking began with marketing IPOs, in 1993. Within a few years, Karvy began topping the IPO procurement league tables and it has consistently maintained its position among the top 5. Karvy was among the first few members of National Stock Exchange, in 1994 and became a member of The Stock Exchange, Mumbai in 2001. Dematerialization of shares gathered pace in mid-90s and Karvy was in the forefront educating investors on the advantages of dematerializing their shares. Today Karvy is among the top 5 Depositary Participant in India. While the registry business is a 50:50 Joint Venture with Computershare of Australia, we have equity participation by ICICI Ventures Limited and

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Barings Asia Limited, in Karvy Stock Broking Limited. For a snapshot of our organization structure, please click here. Karvy has always believed in adding value to services it offers to clients. A top-notch research team based in Mumbai and Hyderabad supports its employees to advise clients on their investment needs. With the information overload today, Karvy’s team of analysts help investors make the right calls, be it equities, mf, insurance. On a typical working day Karvy: •

Has more than 25,000 investors visiting our 575 offices

•

Publishes / broadcasts at least 50 buy / sell calls

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Attends to 10,000+ telephone calls

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Mails 25,000 envelopes, containing Annual Reports, dividend cheques / advises, allotment / refund advises

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Executes 150,000+ trades on NSE / BSE

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Executes 50,000 debit / credit in the depositary accounts

Advises 3,000+ clients on the investments in mutual funds RETAIL SERVICES 1. Equities and Derivatives “It pays well to be informed and stay connected” – a philosophy that drives the research team at KARVY to produce and deliver in-depth and incisive market research to you. All of KARVY’s businesses are backed by a dedicated research unit which strives to keep investors abreast with news, information, events and conditions of markets.

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Penetrative and investigative research techniques unearth a wealth of information that empowers investors in their investment decisions. The KARVY research team creates the following reports and publications for consumption by investors in the Indian equity markets. 2. Commodities Commodities market, contrary to the beliefs of many people, has been in existence in India through the ages. However the recent attempt by the Government to permit Multi-commodity National levels exchanges has indeed given it, a shot in the arm. As a result two exchanges Multi Commodity Exchange (MCX) and National Commodity and derivatives Exchange (NCDEX) have come into being. These exchanges, by virtue of their high profile promoters and stakeholders, bundle in themselves, online trading facilities, robust surveillance measures and a hassle-free settlement system. The futures contracts available on a wide spectrum of commodities like Gold, Silver, Cotton, Steel, Soya oil, Soya beans, Wheat, Sugar, Chana etc., provide excellent opportunities for hedging the risks of the farmers, importers, exporters, traders and large scale consumers. They also make open an avenue for quality investments in precious metals. The commodities market, as it is not affected by the movements of the stock market or debt market provides tremendous opportunities for better diversification of risk. Realizing this fact, even mutual funds are contemplating of entering into this market. Karvy Comtrade Limited is another venture of the prestigious Karvy group. With our well established presence in the multifarious facets of INDIAN INSTITUTE OF SOCIAL WELFARE AND BUSINESS MANAGEMENT

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the modern Financial services industry from stock broking to registry services, it is indeed a pleasure for us to make foray into the commodities derivatives market which opens yet another door for us to deliver our service to our beloved customers and the investor public at large. With the high quality infrastructure already in place and a committed Government providing continuous impetus, it is the responsibility of us, the intermediaries to deliver these benefits at the door-steps of our esteemed customers. With our expertise in financial services, existence across the lengths and breadths of the country and an enviable technological edge, we are all set to bring to you, the pleasure of investing in this burgeoning market, which can touch upon the lives of a vast majority of the population from the farmer to the corporate alike. We are confident that the commodity futures can be a good value addition to your portfolio. The company provides investment, advisory and brokerage services in Indian Commodities Markets. And most importantly, we offer a wide reach through our branch network of over 225 branches located across 180 cities. 3. Mutual Funds Services Investment is the stepping stone to achieving one's financial dreams. Mutual funds offer an opportune way to long-term wealth creation. However, with more and more funds flooding the market, the task of selecting the most suitable scheme gets even more complicated. Mutual Fund Advisory Service at Karvy guides you through this maze

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and ensures that your investments are backed by our quality research. We, at Karvy help you to reach your goals by offering: •

Products of 33 AMCs

•

Research reports (existing funds & NFOs; strategy

reports etc.) •

Customized mutual fund portfolios

•

Portfolio revision (depending on changing market

outlook and evolving trends) Access to online consolidated portfolio statement 4. Depository Services KARVY Stock Broking Limited provides depository services to investors as a Depository Participant with the National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL). The Depository system in India links Issuers, National level Depositories, Depository Participants and Clearing Houses / Clearing Corporation of Stock Exchanges. Our demat services are accessible through any of our network of over 575 branches / investor service centers located in over 375 cities and towns across the country. Our demat services business has the distinction of having all its operations ISO 9001: 2000 certified with state-of-the-art technology and operations capabilities. Our demat services has innovated over time and we provide online access to account statements and transaction alerts through SMS to its clients.

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Karvy’s Demat services offer you a secure, convenient and paperless way to keep track of your investments in shares and other security instruments over time, without the hassle of handling paper based transcripts. We provide the following services • Dematerialization of Shares • Rematerialization of Shares • Transfer of Shares • Pledging of Shares • Electronic Custodial Services • Maintenance of Beneficial Holdings • Electronic Credit Against Corporate Actions 5. Insurance Broking Services At Karvy Insurance Broking (P) Ltd. we provide both life and non-life insurance products to retail individuals, high net-worth clients and corporates. With the opening up of the insurance sector and with a large number of private players in the business, we are in a position to provide tailor made policies for different segments of customers. In our journey to emerge as a personal finance advisor, we will be better positioned to leverage our relationships with the product providers and place the requirements of our customers appropriately with the product providers. With Indian markets seeing a sea change, both in terms of investment pattern and attitude of investors, insurance is no more seen as only a tax saving product but also as an investment product. By setting up a separate entity, we would be positioned to provide the best of the products available in this business to our customers. Our wide national network, spanning the length and breadth of India,

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further supports these advantages. Further, personalized service is provided here by a dedicated team committed in giving hassle-free service to the clients. 6. Bonds and Deposits Fixed Income Securities & Trading (K-FIST) was started in December 2002 with a roll out from 7 dedicated centers of Karvy. The Retail Debt Market division which is centralized at the HO in Hyderabad provides fixed income products to its clients and is primarily a fund based activity. The deal sizes vary from Rs.10,000 to Rs.5 crores. Products - Central Government securities, State Development Loans, State Guaranteed bonds, Public Sector Undertaking Bonds, Financial Institution Bonds, and Bank bonds of SLR/Non-SLR category, both taxable and tax-free. Target clients - Provident Fund Trusts, Educational & Religious trusts, charitable trusts, and Co-operative banks, Regional Rural Banks, Corporates, and High Net worth Individuals Standard Operating Procedures - Based on the specific needs of the prospects Quotes of all category of bonds are sent. The selection of instrument is done and post negotiation (if any) the settlement date is finalized. Contract notes are exchanged and written confirmations are obtained before initiating the trade settlement. On the agreed settlement date, the funds and securities are exchanged between the parties. Primarily all the trades are in the electronic mode only. The Wholesale Debt Market division is centralized at Mumbai and is a voice based order matching activity which is fee based. The deal size is a minimum of Rs.5 cr. And the reporting is done on the NSE. INDIAN INSTITUTE OF SOCIAL WELFARE AND BUSINESS MANAGEMENT

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Products - Central Government securities, State Development Loans, State Guaranteed bonds, Public Sector Undertaking Bonds, Financial Institution Bonds, and Bank bonds of SLR/Non-SLR category, both taxable and tax-free. Target clients - Co-operative banks, commercial banks, Corporates, Financial Institutions, Insurance companies and Asset Management Companies. Standard Operating Procedures - The dealers generate 2-way quotes during the trading hours and match the institutional buyers and sellers. The deal contract notes are generated and exchanged between the 2 parties. The fees are collected by raising debit notes on a monthly basis. 7. Realty Services Karvy Realty India Limited is promoted by the KARVY Group, a premier and leading integrated financial services company. KARVY services over 60 million individuals in various capacities, and provides services to over 400 corporates. KARVY has a network of 400+ branches and 500+ franchisees which enables the Group to have an unmatched reach to ‘stay in touch’ with the customers as well as to act as a delivery mechanism for its various products. We at Karvy Realty endeavor to be an integrated real estate investment advisory and management company that aims to service the mass demand for housing needs in India and to facilitate the Realty sector’s need for structured finance, delivered by a top-notch team of experienced professionals.

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8. Portfolio Management Services In today's intricate and volatile market your investment requires constant monitoring and attention. The demand made on your time and energy by other business may not leave you with capacity to attend to your personal portfolio with the degree of care you deem appropriate. We at KARVY understand your situation and offer PMS services taking the same level of care and attention you would devote to monitoring your portfolio. GreenWallet is an endeavour specially designed by Karvy to enhance the wealth of a niche segment of investors. This service primarily meant for HNIs (High Networth Individuals) offers customers a wide range of schemes. These unique schemes seek to achieve higher returns through broad based participation in equity markets. This is achieved by creating a diversified equity portfolio of small, medium and large capitalized companies. 9. Currency Derivatives Karvy Forex & Currency Private Limited (KFCL) is another business enterprise of the prestigious Karvy group. Having laid a strong foundation in Indian financial services, it is indeed a pleasure for the Karvy group to venture into the currency derivatives segment. This enables us to provide extended services to our esteemed customers, thereby making the group a single window for all financial services. KFCL offers advisory and brokerage services for the Indian currency derivative markets. We provide online trading platforms to our clients that enable them to trade whenever they choose while receiving instant professional support. With our powerful expertise in financial INDIAN INSTITUTE OF SOCIAL WELFARE AND BUSINESS MANAGEMENT

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services that exists across India, along with an enviable technological edge, we are all set to bring to you the opportunity of investing in the rapidly growing currency market. The currency derivatives market will be an added advantage to your portfolio as it will help you to manage your price risks and add to your investment avenues. Today, we have an extensive network throughout the country, with 225 branches spread across 180 cities. WEALTH MANAGEMENT 1. Private Wealth Karvy Private Wealth is formed from the merger of the erstwhile Karvy Private Clients Group and Financial Planning Group, Karvy Private Wealth is the Wealth Management arm of the 25-year-old KARVY Group and focuses on providing wealth management advisory services to high networth individuals. Karvy Private Wealth has also acquired wealth management boutique, PARK Financial Advisors, which has brought in some quality senior management as well as given a kick-start to the business. Karvy Private Wealth is powered by a talented leadership team. Based out of Mumbai, the company has branches in Bangalore, Chennai, Delhi, Goa, Hyderabad, Kolkata and Pune. INSTITUTIONAL SERVICES 1. Registrar and Transfer Agency Karvy began its corporate venture through Karvy Consultants Limited to act as Registrars and Transfer agents. This business was spun off in INDIAN INSTITUTE OF SOCIAL WELFARE AND BUSINESS MANAGEMENT

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2005 to form a Joint Venture with ComputerShare of Australia. Karvy Computershare Private Limited is ranked as India's No. 1 Registrar and Transfer Agent. We are rated as India's "Most Admired Registrar" for overall excellence in volume management, quality processes and technology driven services. Our services include Initial Public Offers (IPOs) processing, share holder servicing, effecting corporate actions, investor information services and host of technology enabled services to facilitate efficient and effective service delivery. 2. Mutual Fund Registry The mutual fund registry services provides services to asset management companies in India as serves as the back-office to mutual fund companies handling transactions between AMCs, investors, distributors with regard to new fund offers, closed ended mutual funds, and open-ended mutuals in the Indian market. Mutual fund registry services provides asset management companies with investor service centers across the country to enable mutual fund investors to perform any or all of the following transaction types: purchases, additional purchases, redemptions, switches etc. 3. Investment Banking and Corporate Finance Deepening of the Financial Markets and an ever-increasing sophistication in corporate transactions, has made the role of Investment

Bankers

indispensable

to

organizations

seeking

professional expertise and counseling, in raising financial resources through

capital

market

apart

from

Capital

and

Corporate

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Restructuring, Mergers & Acquisitions, Project Advisory and the entire gamut of Financial Market activities. Karvy Investor Services Limited (‘KISL’), a SEBI registered Merchant Banker has emerged as a leading Investment Banking entity in the country with over a decade of experience. KISL has built its reputation by capitalizing on its qualified professionals, who have successfully executed a large number of complex and unique transactions. Our quality professional team and our work-oriented dedication have propelled us to offer value-added corporate financial services and act as a professional navigator for long term growth of our clients, who include leading corporates, State Governments, Foreign Institutional Investors, public and private sector companies and banks, in Indian and global markets. We have also emerged as a trailblazer in the arena of relationships, both at the customer and trade levels because of our unshakable integrity, seamless service and innovative solutions that are tuned to meet varied needs. Our team of committed industry specialists, having extensive experience in capital markets, further nurtures this relationship. 4. Institutional Broking The institutional broking arm of KARVY Stock Broking offers corporate houses and institutions dealing capabilities on India leading stock exchanges (NSE and BSE) in the cash and derivatives segments. This unit has devised a process driven approach to address the needs of institutional investors who have unique and specialized investment needs. The institutional broking services desk is a specialized business unit at INDIAN INSTITUTE OF SOCIAL WELFARE AND BUSINESS MANAGEMENT

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KARVY that operates out of Mumbai, the financial capital of India and is staffed with best-of-industry equity market professionals and highly skilled dealers. KARVY also supports institutional traders through their institutional sales and research teams with information and insightful reports on stocks, sectors and industry verticals. KARVY’s institutional broking clientele include some major domestic Mutual Funds, Insurance Companies, Banks and FII’s in India. 5. Debt Market Services Karvy’s Retail Debt Market Division provides fixed income products to its clients. This fund based activity is centralized at Hyderabad and began in December 2002 operating out of seven dedicated centers of Karvy. Our services deals with several products such as Central Government securities, State Development Loans, State Guaranteed bonds, Public Sector Undertaking Bonds, Financial Institution Bonds, and Bank bonds of SLR/Non-SLR category with deal sizes varying from Rs.10,000 to Rs.5 crores. Our services are tailored to meet the requirements of Provident Fund Trusts, Educational & Religious trusts, charitable trusts, and Cooperative banks, Regional Rural Banks, Corporates, and High Net worth Individuals. KARVY also operates a Wholesale Debt Market Division which is centralized at Mumbai and is a voice based order matching activity which is fee based. This unit deals with products such as Central Government securities, State Development Loans, State Guaranteed bonds, Public Sector Undertaking Bonds, Financial Institution Bonds, INDIAN INSTITUTE OF SOCIAL WELFARE AND BUSINESS MANAGEMENT

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and Bank bonds of SLR/Non-SLR category with deal sizes of Rs. 5 crores and above. Our wholesale debt market services are targeted towards Co-operative banks,

commercial

banks,

Corporates,

Financial

Institutions,

Insurance companies and Asset Management Companies. 6. BPO and KPO Services Karvy Global Services is a knowledge services company. We provide specialist resources to extend in house analyst teams in driving clear business results. We serve investment banks, insurance providers, brokerages, hedge funds, research agencies, and life settlement providers across the United States, Middle East, and Europe. Our clients have found our cost advantage, ability to scale efforts, and specialist knowledge regarding emerging markets to be a strong advantage in the new, fast, and unpredictable world. Our areas of focus include equity and industry research, commodity research, credit analytics, technology-based workflow solutions, insurance policy and portfolio valuation, and other specialized services. Incorporated in 2004, we are backed by over 25 years of experience through India’s largest financial services company, the Karvy Group. We are located in New York and have our primary global delivery center in Hyderabad, India. 7. Corporate Advisor

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In a span of over two decades, Karvy has emerged as one of the leading financial services company in India driven by professionalism and an unwavering commitment to innovation. Karvy continues to surge ahead by identifying, assessing and meeting critical needs of its corporate clients and professionals. Karvy has in the course of its various activities, felt an acute need for a greater degree of corporate compliance, legal awareness, easy access and reference to corporate laws and records on the part of corporates, corporate executives and professionals. It is this need that has prompted

Karvy

in

designing

and

developing

the

portal http://www.indiacorporateadvisor.com/ (ICA) indiacorporateadvisor.com

(ICA) comes

from

the

Knowledge

Resource Division (KRD) of Karvy Consultants Ltd. KRD is backed by qualified and experienced team of professionals who have developed and maintain this unique portal catering to knowledge management services to professionals corporate & business world. ICA is a repository of almost all corporate statutes and has been designed to give its users a completely different perception of corporate laws. It is equipped with specific tools to handle various regulatory compliances and tasks that every corporate needs to follow. ICA covers Companies Act, Economic Laws, Taxation Laws, Laws relating to Capital Market, Banking and Insurance, Labour and Industrial Laws, Corporate Governance etc. These laws are supported by text of legislation, procedure, rules, check lists, model documents, FAQ’s and other relevant information. INDIAN INSTITUTE OF SOCIAL WELFARE AND BUSINESS MANAGEMENT

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ICA’s objective is to act as true counselor of a professional and corporate

executive

for

all

his/her

legal/procedural/implementation/policy issues on any subject on corporate laws so as to emerge as professionals friend in need and advisor. Combining the company law information, procedures and services, the portal aims to make the task of corporate professionals much easier by assisting them in the performance of their functions with a greater degree of efficiency. Easy to access and easier to navigate, this portal aims to put in a position that increases the efficiency and effectiveness of your functions like never before.

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