Alok Shah

Emkay Global Financial Services Ltd. (Broker) (Emkay-Broker) is the securities brokerage division of Emkay Global Financial Services Ltd. (NSE: EMKAY), a publicly held financial services company headquartered in Mumbai, India. Founded in 1995, Emkay-Broker offers commodities, currency derivatives and retail broking services to various investors.

Systematix Shares & Stocks (India) Ltd. is the securities brokerage subsidiary of Systematix Group in India. Headquartered in Mumbai, the firm provides broking services to an array of clients such as Foreign Institutional Investors, Domestic Financial Institutions, Insurance Companies, Bank Treasuries, Corporates, Corporate Treasuries, Promoters, Ultra HNIs, HNIs and retail investors.

ICICI Securities Ltd. (Broker) is the brokerage division of ICICI Securities Ltd., a subsidiary of ICICI Bank Ltd. (NSE: ICICIBANK) in India. Headquartered in Mumbai, the firm was founded in 1995 and offers retail trading and investment services for corporates, financial institutions, high net-worth individuals and retail investors.

Batlivala & Karani Securities India Pvt Ltd. (B&K Securities) is an independent brokerage firm headquartered in Mumbai, India. Founded in 1998, B&K Securities offers investment and financial services such as equity, debt, currency and derivatives research, sales and trading for institutional and corporate clients.

UBS Securities India Pvt Ltd. is a broker-dealer headquartered in Mumbai, India. The firm was founded in 1996 and is a subsidiary of UBS AG, which is owned by UBS Group AG (SWX: UBSG; NYSE: UBS) in Switzerland. UBS Securities India provides stock broking services to corporate, institutional and wealth management clients.

Prabhudas Lilladher Pvt Ltd. (PL) is an investment research firm headquartered in Mumbai, India. The firm was founded in 1983 and provides various global equity research reports for institutional and retail clients. PL covers over 150 stocks that span across 20 mid and large sectors. Their Research Desk is comprised of dedicated teams for technical and fundamental research, conducting painstaking research to beat the market time and again. The lab has internally developed analytical tools and models that have consistently provided clients with an edge over the market. The findings of the research team take shape in the form of their various daily, monthly and quarterly; fundamental & technical research reports.

Kisan Ratilal Choksey Shares & Securities Pvt. Ltd. is an independent securities brokerage firm headquartered in Mumbai, India. Founded in 1979, the firm offers trading services to high net-worth individuals, corporates, NRI, mutual funds, as well as other financial institutions.

Nomura Financial Advisory & Securities (India) Pvt Ltd. (NFASPL) is a brokerage firm headquartered in Mumbai, India. The firm was founded in 2007 and is a subsidiary of Nomura Holdings, Inc. (TYO: 8604) in Japan. NFASPL provides stock broking, merchant banking and research to various investors.

Citigroup Global Markets India Pvt Ltd. (Citi India) is a brokerage firm headquartered in Mumbai, India. The firm was founded in 2000 and is a subsidiary of Seven World Holdings LLC, ultimately held by Citigroup, Inc. (NYSE: C) in the US. Citi India offers full-service execution services to corporate and investment banking companies.

Part of S & P Global, Inc., CRISIL Research is an Indian company that provides investment research. The company is based in Mumbai, India and was founded in 2010.

Nomura International Plc provides a variety of financial services including advisement, investment banking and asset management. It trades in and sells fixed income and equity products, including related derivatives; and provides investment banking services, and corporate finance and private equity services. The company is also involved in asset and principal finance business. It offers investment advisory and management, custody, and employment services. Nomura International was founded in 1981 and is headquartered in London, the United Kingdom.

Goldman Sachs (India) Securities Pvt Ltd. (GS India) is the India-based broker-dealer subsidiary of Goldman Sachs Securities Co. Ltd., ultimately held by The Goldman Sachs Group, Inc. (NYSE: GS) in the US. Headquartered in Mumbai, GS India was founded in 2006 and provides execution services to corporate and institutional clients.

Khambatta Securities Ltd. (KSL) is an independent brokerage firm headquartered in Mumbai and was founded in 1918. The firm provides financial and broker-dealer services in cash equity and equity derivative markets.

HSBC Securities & Capital Markets (India) Pvt Ltd. (HSBC Securities India) is a securities brokerage firm headquartered in Mumbai, India. The firm was founded in 1994 and is a subsidiary of HSBC Investment Bank Holdings BV, ultimately held by HSBC Holdings Plc (LON: HSBA) in Great Britain. HSBC Securities India offers services in Investment Banking (IB), Infrastructure and Real Estate, Equities research and stock broking. Infrastructure and Real Estate Group services are provided to governments, large corporates and top-tier banks. Equities research and stock broking primarily cater to the institutional client base which includes foreign institutional investors, foreign portfolio investors, local institutions, mutual funds, insurance companies, and select high net worth and corporate clients.

Edelweiss Financial Services Ltd. (Broker) (Edelweiss-Broker) is the securities broker division of Edelweiss Financial Services Ltd. (NSE: EDELWEISS), an investment and financial services company headquartered in Mumbai, India. The firm was founded by Rashesh C. Shah in 1996. Edelweiss-Broker provides broking services to global and domestic institutional investors.

Antique Stock Broking Ltd. is the broker/dealer subsidiary of Investment Trust of India Ltd. (NSE: THEINVEST) in India. Headquartered in Mumbai, the firm offers Equities and Derivatives broking services to high net-worth individuals and institutional investors.

Nirmal Bang Equities Pvt Ltd. is the brokerage subsidiary of Nirmal Bang Financial Services in India. Headquartered in Mumbai, the firm was founded in 1986 and offers corporate houses and institutions dealing capabilities on India 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 clients who have unique and specialized investment needs. Their specialized services consist of the most experienced market professionals and Institutional Broking Services are backed by an insightful research team who provide the most in-depth reports on the markets.

JPMorgan India Pvt Ltd. is the Indian broker-dealer subsidiary of JPMorgan Securities India Pvt Ltd. and their ultimate parent is JPMorgan Chase & Co. (NYSE: JPM) in the US. Headquartered in Mumbai, JPMorgan India provides clients in India with a comprehensive range of corporate and investment banking services.

Irevna Research Services Ltd. (IRS) is the research firm subsidiary of Crisil Ltd., which is ultimately held by S&P Global, Inc. (NYSE: SPGI). The firm is headquartered in Chennai, India. IRS provides research and analytics services. Their services also include custom research, equity and credit research services, business and marketing analytics across sectors such as technology, telecom, energy, materials, healthcare, pharmaceuticals, and consumer packaged goods.

Religare Securities Ltd. (RSL) is the wholly-owned securities brokerage subsidiary of Religare Enterprises Ltd. (NSE: RELIGARE) in India. Headquartered in Mumbai, the firm was founded in 2017 and they offer broking services in Equity, Currency and Commodity as well as depository participant services. RSL serves over 10 lakh clients across both Offline and Online platforms.

PGIM India Asset Management Pvt Ltd. (PGIM India) is the India-based fund management subsidiary of Prudential Financial, Inc. (NYSE: PRU) in the US. Headquartered in Mumbai, PGIM India offers a broad range of equity and fixed income solutions to retail and institutional investors throughout the country.

Part of UBS Group AG, Credit Suisse Securities (India) Pvt. The company is based in Mumbai, India. The company was founded in 1996. Ltd. is an Indian company that provides brokerage services. Mihir Jagdish Doshi has been the CEO of the company since 2006.

Emflux Motors Pvt Ltd. manufactures and supplies electric motorcycles. The company is based in Bangalore, India. The Indian company was founded by Vinay Raj Somashekar and Ankit Khatry. The CEO is Varun Mittal.

Reliance Capital Ltd. is a management group based in Jamnagar, India. The Indian company, led by Mr. Shri Anil D Amani, provides management services.

Part of Standard Chartered Plc, American Express Bank Ltd. is a commercial bank based in New Delhi, India. The Indian company provides commercial banking services.

ICRA Ltd. (Research Firm) (ICRA Research) is the research division of ICRA Ltd., which is ultimately held by Moody’s Corp. (NYSE: MCO). The firm is headquartered in Gurgaon, India. ICRA Research provides research services to their clients.

White Owl Brewery Pvt Ltd. owns and operates a brewery. The company was founded by Javed Murad and Kunjan Chikhlikar in 2011 and is headquartered in Mumbai, India.

Mecklai Financial Services Ltd. is an independent India-based brokerage firm which was founded by Jamal Abdulsultan Mecklai in 1986. Headquartered in Mumbai, the firm provides treasury and foreign exchange risk management consulting services and specializes in currency and debt markets. They provide markets advisory services in the areas of FX risk management, FX infopac, and currency futures broking; strategic risk advisory services, including derivative valuation and accounting, structured product designs and analysis, liability management, treasury operations reviews, asset liability management, and debt structuring and resource mobilizations; risk management consulting services in the areas, such as customized risk management policies, implementation support and management information system development, hedge programs, outsourcing treasury operations, and risk manager software solutions and buyers credit services.

CLSA (India) Pvt Ltd. (CLSA India) is a brokerage firm headquartered in Mumbai, India. The firm was founded was founded in 1994 and is a subsidiary of CLSA BV, ultimately owned by CITIC Securities Co., Ltd. (SHA: 600030) in China. CLSA India provides execution services to various investors.

HDFC Asset Management Co. Ltd. (Investment Management) (HDFC-IM) is the fund management division of HDFC Asset Management Co. Ltd. (NSE: HDFCAMC), which is ultimately owned by HDFC Bank Ltd. (NSE: HDFCBANK) in India. The firm was founded in 1999 as a joint venture between HDFC and Standard Life Investments Ltd. Headquartered in Mumbai, HDFC-IM manages a range of mutual funds and provides portfolio management and advisory services for institutional investors and private individuals.

Investec Capital Services (India) Pvt Ltd. (Investec India) is a securities broker headquartered in Mumbai, India. The firm was founded in 2010 and is a subsidiary of Investec Bank Plc, which is owned by Investec Plc (LON: INVP; OTCMKTS: IVTJF) in Great Britain. Investec India provides execution services for investors interested in Indian equities.

Mirae Asset Investment Managers (India) Pvt Ltd. (Mirae AMC) is the Indian fund management subsidiary of Mirae Asset Global Investments Co., Ltd. in South Korea. Formerly known as Mirae Asset Financial Services (India) Pvt Ltd., the firm was founded in 2007 as Mirae Asset Global Investments (India) Pvt Ltd. Headquartered in Mumbai, Mirae AMC acts as the Asset Management Company (AMC) of Mirae Asset Mutual Fund (MAMF).