0 penilaian0% menganggap dokumen ini bermanfaat (0 suara)
40 tayangan71 halaman
Submitted in partial fulfillment for the Award of degree of master of business administration. Summer pro+ect trainin& %hich is a part of M'B'A course helps the student to &et the (no%led&e in our study course' )ndustries &ive us much information a out the different product and services %e use.
Submitted in partial fulfillment for the Award of degree of master of business administration. Summer pro+ect trainin& %hich is a part of M'B'A course helps the student to &et the (no%led&e in our study course' )ndustries &ive us much information a out the different product and services %e use.
Submitted in partial fulfillment for the Award of degree of master of business administration. Summer pro+ect trainin& %hich is a part of M'B'A course helps the student to &et the (no%led&e in our study course' )ndustries &ive us much information a out the different product and services %e use.
TH !"R#"RAT #R"$RAM of MBA course is a %ell structured and inte&rated pro&ramme' The course of mana&ement &ives a practical (no%led&e in our study course' )ndustries &ive us much information a*out the different product and services %e use in our day to day life' )t is hi&hly said that practice ma(es a man perfect the summer pro+ect trainin& %hich is a part of M'B'A to &et a practical understandin& and trainin& of the *usiness mana&ement' Thus the industrial trainin& %hich is a part of M'B'A course helps the student to &et the (no%led&e a*out the actual environment of an or&ani,ation' Karvy -toc( Bro(in& ltd' is one of such company dealin& in -hare mar(et Derivatives. !ommodities. Mutual fund )#" distri*ution %ith almost *ranches in overall )ndia' )t involved the study of Mar(etin& activities of the or&ani,ation' ) have under ta(en industrial trainin& in Karvy -toc( Bro(in& ltd' at Delhi crossin& from /01 may1/223 to 41+uly1/223 as a part of my MBA course curriculum and ) thus. present a pro+ect report on it at the *est of my a*ility (no%led&e and %or( done' 2 A!K5"67D$M5T ) am really happy and e8ited in representin& this summer trainin& pro+ect report *efore you' ) must e8press my &ratitude to%ards 2ar3y Stoc4 Bro4ing 5td6 Delhi for &ivin& mean opportunity to %or( %ith on this report' And of course ) am very much than(ful to our honora*le Director #rof' $'5'#urohit 9#R":!T $;)D< for &ivin& me opportunity and his &uidance help me throu&h out preparin& this report' He has also provided me a valua*le su&&estions and e8cellence &uidance a*out this trainin&. %hich proved very helpful to me to utili,e my theoretical (no%led&e in practical field' At last ) am also than(ful to my friends. to all (no%n and un(no%n individuals %ho have &iven me their constructive advise. educative su&&estion. encoura&ement. co1operation and motivation to prepare this report'
Chetan Daiya 3 ,7,C+*)', S+##AR( )ndia=s economy is hi&hly developin&' The development is ta(en place due to the &ro%th in the financial system' This financial system provides the *ac(&round to various investors re&ardin& varied options to invest' Thus. development of the economy depends on ho% these investors invest for the %ell *ein& in lon& run' As financial mar(ets *ecome more sophisticated and comple8. investors need a financial intermediary %ho provides the re>uired (no%led&e and professional e8pertise on successful investin&' Mutual Funds represent perhaps the most appropriate investment opportunity for investors' 5o %onder the concept of Mutual Fund %as initially developed in the ;'-' mar(et. *ut the entry of the concept in the )ndian Financial Mar(et %as in the year ?34@ %ith the formulation of the ;T). at the initiative of the RB) and $ovt' of )ndia' For most people. money is a delicate matter and %hen it comes to investin& they are %ary' -imply *ecause there are many investment options out there. each out promisin& the other' An important >uestion facin& many investors is %hether to invest in Ban(s. 5ational -avin&s. #ost office. 5on1*an(in& finance companies. Fi8ed deposits. -hares etc' or to invest distinctively in Mutual Funds' ) have o*served that appro8imately @2A of the people are una%are of Tradin& *ut most of them are interested to (no% a*out tradin& and ready to attend seminar arran&ed *y KARBC' They are also interested to %or( %ith KARBC if sufficient information is provided to them a*out Tradin& and KARBC' #eople from service class prefers safety of income plus the re&ular income as %ell as ta8 *enefits %hile on the other hand #rofessional and Businessman focus on hi&h return %ith some ris(' For &ro%th and development of the -toc( Mar(et )ndustry. the misconception re&ardin& -hare Mar(et should *e removed & the a%areness for the same should *e made' 4 CO"*,"*S 1 )ntroduction )ntroduction of the )ndustry )ntroduction of the "r&ani,ation !ompany Details 6here Karvy -tand )n The Mar(etD Mission -tatement of EKarvy= Karvy $roup !ompany . Profile of the bro4ing hou8e in the 8toc4 mar4et Karvy Kota( securities -hare (han )ndia infoline Bonan,a Reliance money Reli&are securities )ndia *ulls Anand rathi Hem -ecurities An&el Bro(in& $ Re8earch methodology objecti3e and limitation Title of the -tudy Duration of the #ro+ect "*+ective of study Type of Research -cope of study 7imitation of study 9 -act8 and -inding #ro*lem definition Research desi&n -ource of data Research o*+ective 5 -tatement of pro*lem "*+ective of the research pro+ect : Conclu8ion8 ; Recommendation and 8ugge8tion8 < =ue 8 t i onna i r e 0 Bi bl i ogr a phy )"*ROD+C*)O" CO#PA"( D,*A)5S Bac4ground Karvy !onsultants 7imited %as esta*lished in ?3F/ at Hydra*ad' )t %as esta*lished *y a &roup of Hydra*ad1*ased practicin& !hartered Accountants' At initial sta&e it %as very small in si,e' )t %as started %ith a capital of Rs' ?.G2.222' )n startin& it %as only offerin& auditin& and ta8ation services' 7ater. it acts into the Re&istrar and -hare transfer activities and su*se>uently into financial services and other services li(e Financial #roduct Distri*ution. )nvestment Advisory -ervices. Demat -ervices. !orporate Finance. )nsurance etc' All alon&. Karvy=s stron& %or( ethics and professional *ac(&round levera&ed %ith )nformation Technolo&y ena*led it to deliver >uality to the individual' A decade of commitment. professional inte&rity and vision helped Karvy achievin& a leadership position in its field %hen it handled lar&est num*er of corporate and retail that proved to *e a sound *usiness syner&y' Today. Karvy has access to millions of )ndian shareholders. *esides companies. *an(s. financial institutions and re&ulatory a&encies' "ver the past one and half decades. Karvy has evolved as a verita*le lin( *et%een industry. finance and people' )n :anuary ?33F. Karvy *ecame first Depository #articipant in Andhra #radesh' An )-" 322/ !ompany. Karvy=s commitment to >uality and retail reach has made it an )nte&rated Financial -ervices !ompany' Today. company has /H2 *ranch offices in ?4@ cities all over the )ndia' The company adds G ne% offices every month to the company=s ever &ro%in& national net%or( in every noo( and corner of the country' The company service over ?4 million individual investors. ?F2 corporate and handle corporate dis*ursements that e8ceed Rs'/G22 !rores' 6 >?,R, 2AR'( S*A"D )" *?, #AR2,*@ KARBC is a le&endary name in financial services. Karvy=s credit is defined *y its mission to succeed. passion for professionalism. e8cellent %or( ethics and customer centric values' Today KARBC is %ell (no%n as a premier financial services enterprise. offerin& a *road spectrum of customi,ed services to its clients. *oth corporate and retail' -ervices that KARBC constantly up&rade and improve are *ecause of company=s s(ill in levera&in& technolo&y' Bein& one of the most techno1savvy or&ani,ations around helps company to deliver even more cost effective financial solutions in the shortest possi*le time' 6hat *ears ample testimony to Karvy=s success is the faith reposed in company *y valued investors and customers. all across the country' )ndeed. %ith Karvy=s %ide net%or( touchin& every corner of the country. even the most remote investor can easily access Karvy=s services and *enefit from company=s e8pert advice' 7 2AR'( !RO+P Karvy !onsultants 7imited Karvy -ecurities 7imited Karvy )nvestor -ervices 7imited Karvy -toc( *ro(in& 7imited Karvy !omputer -hares #vt' 7td' Board of Director8 2ar3y Con8ultant8 5imited #arthasarathy ! Cu&andhar M Rama(rishna M - #rasad B #otluri Ro*ert $i*son -an+ay Kumar Dhir R -hyamsunder ITa*le?J B"Ds of Karvy !onsultants 7imitedK 2ar3y )n3e8tor Ser3ice8 5imited #arthasarathy ! Cu&andhar M Rama(rishna M - ITa*le/J B"Ds of Karvy )nvestor -ervices 7imitedK 8 2ar3y Securitie8 5imited #arthasarathy ! Cu&andhar M Rama(rishna M - A+ay Kumar K 6illiam -amuel 5icholas Tully ITa*leHJ B"Ds of Karvy -ecurities 7imitedK 2ar3y Stoc4 Bro4ing 5imited #arthasarathy ! Cu&andhar M Rama(rishna M - A+ay Kumar K Kutum*a Rao B 6illiam -amuel 5icholas Tully ITa*le@J B"Ds of Karvy -toc( Bro(in& 7imitedK
9 C Partha8arathy. !hairman & Mana&in& Director Mr' ! #arthasarathy. a leader in the financial services industry in )ndia is responsi*le for *uildin& KARBC as one of )ndiaLs truly inte&rated Financial -ervices #roviderM he is a fello% mem*er of the )nstitute of !ompany -ecretaries of )ndia. a Fello% Mem*er of the )nstitute of !hartered Accountants of )ndia and a &raduate in la%'As !hairman and Mana&in& Director. he oversees the &roupLs operations and renders vision and *usiness direction' His passion and vision for achievin& leadership in the *usiness made KARBC a leadin& financial intermediary ran(in& them as num*er one in the re&istrar. -hare Transfer and )#" Distri*ution *usinesses' He also holds directorship in KARBC -ecurities 7imited. KARBC -toc( Bro(in& 7imited. KARBC )nvestor -ervices 7imited. KARBC !omputershare #rivate 7imited. KARBC !ommodities Bro(in& #rivate 7imited. #R #harmaceuticals #rivate 7imited and "cean -par(les 7imited'
# (ugandhar6 Mana&in& Director Mr' M Cu&andhar. Mana&in& Director. founder mem*er of KARBC !onsultants 7imited. has varied e8perience in the field of financial services spannin& over /2 years' He is a Fello% Mem*er of the )nstitute of !hartered Accountants of )ndia and %as involved in the statutory and *ranch audit of *an(s for /4 years' Mr' Cu&andhar holds directorships in KARBC -ecurities 7imited. KARBC -toc( Bro(in& 7imited. KARBC )nvestor -ervices 7imited. KARBC !omputershare #rivate 7imited. KARBC !ommodities Bro(in& #rivate 7imited. Bi,pro Technolo&ies )ndia 7imited. #o(arna 7imited. Ravindranath $ Medical Associates #rivate 7imited. verest #o%er #rivate 7imited and $reen )nfrastructure #rivate 7imited'
# S Rama4ri8hna6 8ecutive Director Mr' M - Rama(rishna. Director. founder mem*er of KARBC !onsultants 7imited is the orchestrator of technolo&y initiatives such as the call center in the service of the customer' Mr' Rama(rishna is a mem*er of the Hydera*ad -toc( 8chan&e and is the director of KARBC -ecurities 7imited. KARBC -toc( Bro(in& 7imited. KARBC )nvestor -ervices 7imited. KARBC !omputershare #rivate 7imited. KARBC !ommodities Bro(in& #rivate 7imited. 5itya 7a*s 7imited and -AB 5ife #o%er -ystems 7imited' He has helped KARBC diversify into the field of medical transcription levera&in& on 10 the companyLs core competency of transaction processin&' He has more than /2 years of e8perience in the financial services arena' Achi3ement8 N Amon& the top G stoc( *ro(ers in )ndia 9@A of 5- volumes< N )ndiaLs 5o' ? Re&istrar & -ecurities Transfer A&ents N Amon& the top H Depository #articipants N 7ar&est 5et%or( of Branches & Business Associates N )-" 322/ certified operations *y D5B N Amon& top ?2 )nvestment *an(ers N 7ar&est Distri*utor of Financial #roducts N Ad+ud&ed as one of the top G2 )T uses in )ndia *y M)- Asia N Full Fled&ed )T driven operations =uality Policy *o achie3e and retain leader8hip6 2ar3y shall aim for complete customer satisfaction. *y com*inin& its human and technolo&ical resources. to provide superior quality financial services. )n the process. 2ar3y %ill strive to e8ceed !ustomerLs e8pectations' Quality Objectives A8 per the =uality Policy6 2ar3y will : Build in1house processes that %ill ensure transparent and harmonious relationships %ith its clients and investors to provide hi&h >uality of services' sta*lish a partner relationship %ith its investor service a&ents and vendors that %ill help in (eepin& up its commitments to the customers' #rovide hi&h >uality of %or( life for all its employees and e>uip them %ith ade>uate (no%led&e & s(ills so as to respond to customerLs needs' !ontinue to uphold the values of honesty & inte&rity and strive to esta*lish unparalleled standards in *usiness ethics' ;se state1of1the art information technolo&y in developin& ne% and innovative financial products and services to meet the chan&in& needs of investors and clients' -trive to *e a relia*le source of value1added financial products and services and constantly &uide the individuals and institutions in ma(in& a +udicious choice of same' -trive to (eep all sta(e1holders9shareholders. clients. investors. employees. suppliers and re&ulatory authorities< proud and satisfied' 11 #i88ion Statement of A2ar3yB An or&ani,ation e8ists to accomplish somethin& or achieve somethin&' The mission statement indicates %hat an or&ani,ation %ants to achieve' The mission statement may *e chan&ed periodically to ta(e advanta&e of ne% opportunities or respond to ne% mar(et conditions' Karvy=s mission statement is To Brin& )ndustry. Finance and #eople toðer' Karvy is %or( as intermediary *et%een industry and people' Karvy %or( as investment advisor and helps people to invest their money same %ay Karvy helps industry in achievin& finance from people *y issuin& shares. de*entures. *onds. mutual funds. fi8ed deposits etc' !ompany=s mission statement is clear and thou&htful %hich &uide &eo&raphically dispersed employees to %or( independently yet collectively to%ards achievin& the or&ani,ation=s &oals' 'i8ion of 2ar3y !ompany=s vision is crystal clear and mind frame very directed' C*o be pioneering financial 8er3ice8 company And continue to grow at a healthy pace6 year after year6 decade after decadeD !ompany=s foray into )T1ena*led services and internet *usiness has provided an opportunity to e8plore ne% frontiers and *usiness solutions' To *uild a corporate that sets *enchmar(s for others to follo%' 12 Behind the Picture: >hat Cu8tomer8 matter for 2AR'(@ The underlyin& picture formin& ans%er for a*ove >uestion is &iven *elo%' Mar(et Brand !ustomer #o%er #reference Balue R7AT)"5-H)#- ";R !"M#T)T)B ADBA5TA$ IFi&'? !ompetitive Advanta&e of KarvyK very year %ith this picture (eepin& in mind EKarvy accelerate %ith Recovery. Revival and Reappearance'=
Karvy has started /22@ on a stron& note %ith the reali,ation to si&nal some of the challen&es it faced previous year' )n a competitive mar(et and a *randed *usiness. Karvy need to carefully mana&e itself to avoid do%n tradin& or *rand shifts *y consumers' For Karvy. :amna&ar *ranch /22H %as truly e8hilaratin& *ecause ofJ -uccessful implementation of a carefully crafted strate&y' 8cellence in e8ecution' )mmense learnin& ena*lin& to set up a launch pad for revitali,in& itself' -ome competitive advanta&es are lon& lastin&' These are intan&i*le. difficult to replicate and thus more sustaina*le' Karvy has focused on some of these to &ain competitive advanta&es' There areJ 6innin& culture and a desire to e8cel in everythin& Karvy do' -tron& meanin&ful relationships %ith !ustomers alon& %ith -trate&ic #artners in %hich Karvy operate and a*ove all. its o%n staff' 13 Karvy value and carefully nurture relationships %ith customers' Karvy truly *elieve that more than technolo&ical pro%ess and *usiness process innovations. it is the Efocus on relationships= %hich has *een the corner stone of satisfyin& and successful presence in )ndia over many years' This has *een possi*le %ith deep insi&ht of consumer *ehavior as %ell as mar(et demand drivers. understandin& of the arena %here to operate and >uality e8ecution O all than(s to a E&reater team= that ma(es this happen' Karvy=s customers consider themselves part of Karvy family and share their e8periences and dreams %ith other customers and thus Karvy *ecomes successful not only in relatin& customers *ut also &ains ne% customers from satisfied prevailin& customers' Karvy %ant to create a stron& emotional *ond %ith ne% customers promoted *y prevailin& customers' 14 2ar3y 'alue8: )nte&rity Responsi*ility Relia*ility ;nity ;nderstandin& 8cellence !onfidentiality Karvy has ade>uate internal control systems and procedures commensurate %ith the si,e nature of its *usiness' These system and procedures provide reasona*le assurance of maintenance of proper accountin& records. relia*ility of financial information. protection of resources and safe&uardin& of assets a&ainst unauthori,ed use' 2ar3y !roup Companie8 2AR'( CO"S+5*A"*S 5)#)*,D A8 the flag8hip company of the 2ar3y !roup6 2ar3y Con8ultant8 5imited 15 has al%ays remained at the helm of or&ani,ational affairs. pioneerin& *usiness policies. %or( ethic and channels of pro&ress' Havin& emer&ed as a leader in the re&istry *usiness. the first of the *usinesses that %e ventured into. %e have no% transferred this *usiness into a +oint venture %ith !omputershare 7imited of Australia. the %orld=s lar&est re&istrar' 6ith the advent of depositories in the )ndian capital mar(et and the relationships that %e have created in the re&istry *usiness. %e *elieve that %e %ere *est positioned to venture into this activity as a Depository #articipant' 6e %ere one of the early entrants re&istered as Depository #articipant %ith 5-D7 95ational -ecurities Depository 7imited<. the first Depository in the country and then %ith !D-7 9!entral Depository -ervices 7imited<' Today. %e service over 4 la(hs customer accounts in this *usiness spread across over /G2 citiesPto%ns in )ndia and are ran(ed amon&st the lar&est Depository #articipants in the country' 6ith a &ro%in& secondary mar(et presence. %e have transferred this *usiness to Karvy -toc( Bro(in& 7imited 9K-B7<. our associate and a mem*er of 5-. B- and H-' 2AR'( S*OC2 BRO2)"! 5)#)*,D #ember - "atio nal Stoc4 ,Echange %"S,&6 *he Bombay Stoc4 ,Echange %BS,&6 and *he ?yderabad Stoc4 ,Echange %?S,& Karvy -toc( Bro(in& 7imited. one of the cornerstones of the Karvy edifice. flo%s freely to%ards attainin& diverse &oals of the customer throu&h varied services' !reatin& a plethora of opportunities for the customer *y openin& up investment vistas *ac(ed *y research1*ased advisory services' Here. &ro%th (no%s no limits and success reco&ni,es no *oundaries' Helpin& the customer create %aves in his portfolio and empo%erin& the investor completely is the ultimate &oal' )t is an undisputed fact that the stoc( mar(et is unpredicta*le and yet en+oys a hi&h success rate as a %ealth mana&ement and %ealth accumulation option' The difference *et%een unpredicta*ility and a safety anchor in the mar(et is provided *y in1depth (no%led&e of mar(et functionin& and chan&in& trends. plannin& %ith foresi&ht and choosin& one&rs>uoMs options %ith care' This is %hat %e provide in our -toc( Bro(in& services' 6e offer services that are *eyond +ust a medium for *uyin& and sellin& stoc(s and shares' )nstead %e provide services %hich are multi dimensional and multi1focused in their scope' There are several advanta&es in utili,in& our -toc( Bro(in& services. %hich are the reasons %hy it is one of the *est in the country' 2AR'( )"',S*OR S,R')C,S 5)#)*,D RecogniFed a8 a leading merchant ban4er in the country6 we are 16 regi8tered with S,B) a8 a Category ) merchant ban4er' This reputation %as *uilt *y capitali,in& on opportunities in corporate consolidations. mer&ers and ac>uisitions and corporate restructurin&. %hich have earned us the reputation of a merchant *an(er' Raisin& resources for corporate or $overnment ;nderta(in& successfully over the past t%o decades have &iven us the confidence to rene% our focus in this sector' "ur >uality professional team and our %or(1oriented dedication have propelled us to offer value1added corporate financial services and act as a professional navi&ator for lon& term &ro%th of our clients. %ho include leadin& corporates. -tate $overnments. forei&n institutional investors. pu*lic and private sector companies and *an(s. in )ndian and &lo*al mar(ets' 6e have also emer&ed as a trail*la,er in the arena of relationships. *oth at the customer and trade levels *ecause of our unsha(a*le inte&rity. seamless service and innovative solutions that are tuned to meet varied needs' "ur team of committed industry specialists. havin& e8tensive e8perience in capital mar(ets. further nurtures this relationship' "ur financial advice and assistance in restructurin&. divestitures. ac>uisitions. de1mer&ers. spin1offs. +oint ventures. privati,ation and ta(eover defense mechanisms have elevated our relationship %ith the client to one *ased on unsha(a*le trust and confidence' 2AR'( Computer8hare Pri3ate 5imited
>e ha3e tra3er8ed wide 8pace8 to tie up with the worldB8 large8t tran8fer agent6 the leading Au8tralian company6 !omputer share 7imited' The company that services more than 0G million shareholders across 0222 corporate clients and ma(es its presence felt in over ?/ countries across G continents has entered into a G21G2 +oint venture %ith us' 6ith our mana&ement team completely transferred to this ne% entity. %e %ill aim to enrich the financial services industry than *efore' The future holds ne% arenas of client servicin& and contemporary and relevant technolo&ies as %e are &eared to deliver *etter value and foster *i&&er investments in the *usiness' The %orld%ide net%or( of !omputer share %ill hold us in &ood stead as %e e8pect to adopt international standards in addition to levera&in& the *est of technolo&ies from around the %orld' 8cellence has to *e the order of the day %hen t%o companies %ith such similar ideolo&ies of &ro%th. vision and competence. &et toðer' 17 2AR'( !5OBA5 S,R')C,S 5)#)*,D *he 8peciali8t Bu8ine88 Proce88 Out8ourcing unit of the 2ar3y !roup' The le&acy of e8pertise and e8perience in financial services of the Karvy $roup serves us %ell as %e enter the &lo*al arena %ith the confidence of *ein& a*le to deliver and deliver %ell' Here %e offer several delivery models on the understandin& that *usiness needs are uni>ue and therefore only a customi,ed service could possi*ly fit the *ill' "ur service matri8 has permutations and com*inations that create several options to choose from' Be it in re1en&ineerin& and mana&in& processes or deliverin& ne% efficiencies. our service meets up to the most strin&ent of international standards' "ur outsourcin& models are desi&ned for the &lo*al customer and are *ac(ed *y sound corporate and operations philosophies. and domain e8pertise' #rovidin& productivity improvements. operational cost control. cost savin&s. improved accounta*ility and a %hole &amut of other advanta&es' 6e operate in the core mar(et se&ments that have emer&in& re>uirements for speciali,ed services' "ur %ide vertical mar(et covera&e includes Ban(in&. Financial and )nsurance -ervices 9BF)-<. Retail and Merchandisin&. 7eisure and ntertainment. ner&y and ;tility and Healthcare' 2ar3y Comtrade 5imited
At 2ar3y Commoditie86 we are focu8ed on ta4ing commoditie8 trading to new dimen8ion8 of reliability and profitability 6e have made commodities tradin&. an essentially a&e1old practice. into a sophisticated and scientific investment option' Here %e ena*le trade in all &oods and products of a&ricultural and mineral ori&in that include lucrative commodities li(e &old and silver and popular items li(e oil. pulses and cotton throu&h a %ell1systemati,ed tradin& platform' "ur technolo&ical and infrastructural stren&ths and especially our street1smart s(ills ma(e us an ideal *ro(er' "ur service matri8 is holistic %ith a &amut of advanta&es. the first and foremost *ein& our le&acy of human resources. technolo&y and infrastructure that comes from *ein& part of the Karvy $roup' "ur %ide national net%or(. spannin& the len&th and *readth of )ndia. further supports these advanta&es' Re&ular tradin& %or(shops and seminars are conducted to hone tradin& strate&ies to perfection' very move made is a 18 calculated one. *ased on relia*le research that is converted into valua*le information throu&h daily. %ee(ly and monthly ne%sletters. calls and intraday alerts' Further. personali,ed service is provided here *y a dedicated team committed to &ivin& hassle1free service %hile the *ro(era&e rates offered are e8tremely competitive 2ar3y )n8urance Bro4ing 5imited At 2ar3y )n8urance Bro4ing 5imited6 we pro3ide both life and non-life in8urance product8 to retail indi3idual86 hi&h net1%orth clients and corporates' 6ith the openin& up of the insurance sector and %ith a lar&e num*er of private players in the *usiness. %e are in a position to provide tailor made policies for different se&ments of customers' )n our +ourney to emer&e as a personal finance advisor. %e %ill *e *etter positioned to levera&e our relationships %ith the product providers and place the re>uirements of our customers appropriately %ith the product providers' 6ith )ndian mar(ets seein& a sea chan&e. *oth in terms of investment pattern and attitude of investors. insurance is no more seen as only a ta8 savin& product *ut also as an investment product' By settin& up a separate entity. %e %ould *e positioned to provide the *est of the products availa*le in this *usiness to our customers' "ur %ide national net%or(. spannin& the len&th and *readth of )ndia. further supports these advanta&es' Further. personali,ed service is provided here *y a dedicated team committed in &ivin& hassle1free service to the clients 2AR'( R,A5*(GS,R')C,S%)"D)A&5imited 2AR'( Realty G Ser3ice8 %)ndia& 5imited %2RS)5& is en&a&ed in the *usiness of real estate and property services offerin& value added property services and offers individuals and esta*lishments a myriad of options across investments. financin& and advisory services in the realty sector' 2AR'( Realty G Ser3ice8 %)ndia& 5imited HHHHHHHHHHHHH*a4e a Realty Byte III #romoted *y the KARBC $roup of companies. )ndia=s lar&est inte&rated financial services company' KARBC Realty & -ervices )ndia 7imited carries for%ard its le&acy of trust and e8cellence in investor and customer services delivered %ith a passion for services and the hi&hest level of >uality that ali&n 19 %ith &lo*al standards' 2AR'( Realty G Ser3ice8 %)ndia& 5imited %elcomes you to ta(e a reality chec( on realty options that you can *e rest assured of and of course profit from' >elcome to 2ar3y Stoc4 Bro4ing KARBC -toc( Bro(in& 7imited. one of the cornerstones of the KARBC edifice. flo%s freely to%ards attainin& diverse &oals of the customer throu&h varied services' )t creates a plethora of opportunities for the customer *y openin& up investment vistas *ac(ed *y research1*ased advisory services' Here. &ro%th (no%s no limits and success reco&ni,es no *oundaries' Helpin& the customer create %aves in his portfolio and empo%erin& the investor completely is the ultimate &oal' KARBC -toc( Bro(in& 7imited is a mem*er ofJ N 5ational -toc( 8chan&e 95-< N Bom*ay -toc( 8chan&e 9B-< N Hydera*ad -toc( 8chan&e 9H-< #ember 1 5ational -toc( 8chan&e 95-< and The Bom*ay -toc( 8chan&e 9B-<'
Karvy -toc( Bro(in& 7imited. one of the cornerstones of the Karvy edifice. flo%s freely to%ards attainin& diverse &oals of the customer throu&h varied services' !reatin& a plethora of opportunities for the customer *y openin& up investment vistas *ac(ed *y research1*ased advisory services' Here. &ro%th (no%s no limits and success reco&ni,es no *oundaries' Helpin& the customer create %aves in his portfolio and empo%erin& the investor completely is the ultimate &oal' Stoc4 Bro4ing Ser3ice8 )t is an undisputed fact that the stoc( mar(et is unpredicta*le and yet en+oys a hi&h success rate as a %ealth mana&ement and %ealth accumulation option' The difference *et%een unpredicta*ility and a safety anchor in the mar(et is provided *y in1depth (no%led&e of mar(et functionin& and chan&in& trends. plannin& %ith foresi&ht and choosin& one&rs>uoMs options %ith care' This is %hat %e provide in our -toc( Bro(in& services' 6e offer services that are *eyond +ust a medium for *uyin& and sellin& stoc(s and shares' )nstead %e provide services %hich are multi dimensional and multi1focused in their scope' There are several advanta&es in utili,in& our -toc( Bro(in& services. %hich are the reasons %hy it is one of the *est in the country' 20 6e offer tradin& on a vast platform M 5ational -toc( 8chan&e and Bom*ay -toc( 8chan&e' More importantly. %e ma(e tradin& safe to the ma8imum possi*le e8tent. *y accountin& for several ris( factors and plannin& accordin&ly' 6e are assisted in this tas( *y our in1depth research. constant feed*ac( and sound advisory facilities' "ur hi&hly s(illed research team. comprisin& of technical analysts as %ell as fundamental specialists. secure result1oriented information on mar(et trends. mar(et analysis and mar(et predictions' This crucial information is &iven as a constant feed*ac( to our customers. throu&h daily reports delivered thrice daily M The #re1session Report. %here mar(et scenario for the day is predicted. The Mid1session Report. timed to arrive durin& lunch *rea( . %here the mar(et forecast for the rest of the day is &iven and The #ost1session Report. the final report for the day. %here the mar(et and the report itself is revie%ed' To add to this repository of information. %e pu*lish a monthly ma&a,ine &ld>uoMKarvy M The Finapolis&rd>uoM. %hich analy,es the latest stoc( mar(et trends and ta(es a close loo( at the various investment options. and products availa*le in the mar(et. %hile a %ee(ly report. called &ld>uoM Karvy Ba,aar Baatein&rd>uoM. (eeps you more informed on the immediate trends in the stoc( mar(et' )n addition. our specific industry reports &ive comprehensive information on various industries' Besides this. %e also offer special portfolio analysis pac(a&es that provide daily technical advice on scrips for successful portfolio mana&ement and provide customi,ed advisory services to help you ma(e the ri&ht financial moves that are specifically suited to your portfolio' "ur -toc( Bro(in& services are %idely net%or(ed across )ndia. %ith the num*er of our tradin& terminals providin& retail stoc( *ro(in& facilities' "ur services have increasin&ly offered customer oriented convenience. %hich %e provide to a spectrum of investors. hi&h1net%orth or other%ise. %ith e>ual dedication and competence' But true to our spirit. this success is not our final destination. *ut +ust a platform to launch further enhanced >uality services to provide you the latest in convenient. customer1friendly stoc( mana&ement' "ver the years %e have ensured that the trust of our customers is our *i&&est returns' Factors such as our success in the lectronic custody *usiness has helped *uild on our tradition of trust even more' !onse>uentially our retail client *ase e8panded very fast' To empo%er the investor further %e have made serious efforts to ensure that our research calls are disseminated systematically to all our stoc( *ro(in& clients throu&h various delivery channels li(e email. chat. -M-. phone calls etc' "ur foray into commodities *ro(in& has *een path *rea(in& and %e are in the process of convertin& e8istin& traders in commodities into the more or&ani,ed mainstream of tradin& in commodity futures. *oth as a tradin& and ris( hed&in& mechanism' )n the future. our focus %ill *e on the emer&in& *usinesses and to meet this o*+ective. %e have enhanced our manpo%er and revitali,ed our (no%led&e *ase 21 %ith enhances focus on Futures and "ptions as %ell as the commodities *usiness' Depo8itory Participant8 The onset of the technolo&y revolution in financial services )ndustry sa% the emer&ence of Karvy as an electronic custodian re&istered %ith "ational Securitie8 Depo8itory 5td %"SD5& and Central Securitie8 Depo8itory 5td %CSD5& in ?33F' Karvy set standards ena*lin& further comfort to the investor *y promotin& paperless tradin& across the country and emer&ed as the top $ Depo8itory Participant8 in the country in terms of customer serviced' "fferin& a %ide tradin& platform %ith a dual mem*ership at *oth 5-D7 and !D-7. %e are a po%erful medium for tradin& and settlement of demateriali,ed shares' 6e have esta*lished live D#Ms. )nternet access to accounts and an easier transaction process in order to offer more convenience to individual and corporate investors' A team of professional and the latest technolo&ical e8pertise allocated e8clusively to our demat division includin& technolo&ical enhancements li(e -#D1e. ma(e our response time >uic( and our delivery impecca*le' A %ide national net%or( ma(es our efficiencies accessi*le to all' Di8tribution of -inancial Product8 The paradi&m shift from pure sellin& to (no%led&e *ased sellin& drives the *usiness today' 6ith our %ide portfolio offerin&s. %e occupy all se&ments in the retail financial services industry' A ?422 team of hi&hly >ualified and dedicated professionals dra%n from the *est of academic and professional *ac(&rounds are committed to maintainin& hi&h levels of client service delivery' This has propelled us to a position amon& the top distri*utors for e>uity and de*t issues %ith an estimated mar(et share of ?GA in terms of applications mo*ili,ed. *esides *ein& esta*lished as the leadin& procurer in all pu*lic issues' To further tap the immense &ro%th potential in the capital mar(ets %e enhanced the scope of our retail *rand. Karvy O the Finapolis . there*y providin& plannin& and advisory services to the mass affluent' Here %e understand the customer needs and lifestyle in the conte8t of present earnin&s and provide ade>uate advisory services that %ill necessarily help in creatin& %ealth' :udicious plannin& that is customi,ed to meet the future needs of the customer deliver a service that is e8emplary' The mar(et1savvy and the i&norant investors. *oth find this service very satisfactory' The ed&e that %e have over competition is our portfolio of offerin&s and our professional e8pertise' 22 The investment plannin& for each customer is done %ith an un*iased attitude so that the service is truly customi,ed' "ur monthly ma&a,ine. Finapolis. provides up1 dated mar(et information on mar(et trends. investment options. opinions etc' Thus empo%erin& the investor to *ase every financial move on rational thou&ht and prudent analysis and em*ar( on the path to %ealth creation' Ad3i8ory Ser3ice8 ;nder our retail *rand EKarvy O the FinapolisL. %e deliver advisory services to a cross1section of customers' The service is *ac(ed *y a team of dedicated and e8pert professionals %ith varied e8perience and *ac(&round in handlin& investment portfolios' They are continually en&a&ed in desi&nin& the ri&ht investment portfolio for each customer accordin& to individual needs and *ud&et considerations %ith a comprehensive support system that focuses on tradin& customersL portfolios and providin& valua*le inputs. monitorin& and mana&in& the portfolio throu&h varied technolo&ical initiatives' This is made possi*le *y the e8pertise %e have &ained in the *usiness over the years' Another venture to%ards *ein& investor1friendly is the circulation of a monthly ma&a,ine called EKarvy 1 the FinapolisL' !overin& the latest of mar(et ne%s. trends. investment schemes and research1*ased opinions from e8perts in various financial fields' Pri3ate Client !roup This speciali,ed division %as set up to cater to the hi&h net %orth individuals and institutional clients (eepin& in mind that they re>uire a different (ind of financial plannin& and mana&ement that %ill au&ment not +ust e8istin& finances *ut their life1style as %ell' Here %e follo% a hard1nosed *usiness approach %ith the soft touch of dedicated customer care and personali,ed attention' For this purpose %e offer a comprehensive and personali,ed service that encompasses plannin& and protection of finances. plannin& of *usiness needs and retirement needs and a host of other services. all provided on a one1to1one *asis' "ur research reports have *een %idely appreciated *y this se&ment' The delivery and support modules have *een fine tuned *y &ivin& our clients access to online portfolio information. constant updates on their portfolios as %ell as value1added advice on portfolio churnin&. sector s%itches etc' The investment recommendations &iven *y our research team in the cash mar(et has en+oyed a hi&h success rate' 23 Branche8 State *otal Branche 8 A5DHRA #RAD-H H0 A--AM F B)HAR ?2 !HA5D)$ARH ? !HHATT)-$ARH 0 $"A / $;:ARAT /4 HARCA5A ?G H)MA!HA7 #RAD-HH :AMM; & KA-HM)R ? :HARKA5D 0 KAR5ATAKA @F KRA7A /@ MADHCA #RAD-H ?3 MAHARA-HTRA /0 MA5)#;R ? M$HA7ACA ? 56 D7H) ?? "R)--A ?H #;5:AB ?? RA:A-THA5 ?2 -)KK)M ? TAM)7 5AD; G0 TR)#;RA ? ;5)"5 TRR)T"RC ? ;TTAR #RAD-H HF ;TTARA5!HA7 G 6-T B5$A7 /4
Bu8ine88 A88ociate8 State Bu8ine88 A88ociate8 24 A5DHRA #RAD-H GH B)HAR / D7H) 0 $;:ARAT ?0 HARCA5A 0 H)MA!HA7 #RAD-H ? :HARKHA5D ? KAR5ATAKA ?G KRA7A /3 MADHCA #RAD-H 4 MAHARA-TRA /? "R)--A H #;5:AB9;T< ?? RA:A-THA5 @ TAM)75AD; F TR)#;RA H ;TTAR #RAD-H ?3 6-T B5$A7 G )n8urance Product8 A3i3a N 7ife -hield #lan N Coun& Achiever #lan Bajaj N 7ife 7on& $ain #lan N )nvest $ain #lan N !ash $ain #lan N Health !are #lan N -%arna Bishranthi #lan Bharati A7A N Future !onfident )) 25 N Future !onfident N -ecure !onfident #lan N 6ealth !onfident #lan Birla Sun 5ife N 7ife !ompanion1Money Bac( #lan N My !hild #lan N 7ady&uard #lan N Ma&num Multiplier #lus Chola N #arivar of the !holamandalam N #arivar 1 The complete family protection plan ?D-C N !hildrenLs #lan N -in&le #remium 6hole of 7ife #lan N 7oan !over )nsurance #olicy N The Money Bac( #lan N ndo%ment Assurance #lan N ;nit 7in(ed #ension #lus N ;nit 7in(ed ndo%ment -uvidha #lus )C)C) Prudential N The 7ife $uard #lan N !ancer !are N Dia*etes !are N Dia*etes !are #lus )"! 'y8ya N The !on>uerin& 7ife #lan 2ota4 N Kota( Fle8i #lan N -afe )nvestment #lan N !hild Advanta&e #lan N Head-tart Assure 6ealth N Money Bac( #lan 5)C N :eevan A(shay N The Bima $old #lan N :eevan 5idhi #lan N Future #lus 1 ;7## N :eevan Re(ha #lan N :eevan Bharathi N :eevan -hree #olicy N :eevan -athi #lan N :eevan Anand #olicy N Housin& 7oans N 5e% !hild #lan 1 :eevan Anura& 26 N ndo%ment Assurance #olicy #"(5 N 7ife $ain #lus N 7ife Ma(er N !hild Money Bac( #lan N 6hole 7ife #lan N The 7ife $ain #lus #olicy N Ma&ic of 6hole 7ife N asy 7ife Retirement #lan N 7ife Ma(er #ension #lan N 7ife #ay Money Bac( #lan N 5e% 7ife )nvest #et - 5ife N Bhavishya #lan Reliance 5ife )n8urance N The Cuva -hreeJ!hild #lan N Money $uarantee #lan SB) N The -etu*andhan #lan *ata A)! N The 5irvana #lus #lan N Health #rotector #lan N Mahalife 7ife )nsurance #lan N 7ife #lus N )nvest Assure )) *erm8 and Condition8 TRM- A5D !"5D)T)"5- $"BR5)5$ )5TR5T BA-D TRAD)5$ #lease read the follo%in& instructions *efore si&nin& the client a&reement ?' !lient 9first holder< should initial at the places mar(ed %ith a Q' 9 Total of ?2 initials alon& side mar(in&s and at the *ottom of each pa&e< /' "nly the first holder si&ns on the client a&reement' 9 ?si&nature< H' The client a&reement should *e %itnessed @' #lease read the &eneral instructions mentioned in the instruction *oo(let D,SCR)P*)O" O- PAR*),S This a&reement is entered into on 1111P11111P1111111 *et%een Karvy -toc( Bro(in& 7imited. mem*er *ro(er Q of the 5ational -toc( 8chan&e of )ndia 7imited. ordinarily carryin& on *usiness in sale and purchase of securities and is *earin& -B) Re&istration 5um*er )"B .$/<</1$0 and carryin& on such *usiness in the 27 name and style of Karvy -toc( Bro(in& 7imited from its re&istered office at :.J6 Road "o96 Banjara ?ill8 ?yderabad :// /$96 Andhra Prade8h6 )ndia 9hereinafter referred to as the mem*er *ro(er. %hich e8pression shall unless repu&nant to the conte8t or meanin& thereof. *e deemed to mean and include its le&al successors and permitted assi&ns< -------ir8t ?olderB8 "ame------- an individual sPo 11111-atherB8 K ?u8bandB8 "ame---------- residin& at Q Addre88-------------- intendin& to transact in securities usin& the services of the mem*er *ro(er. throu&h the online tradin& terminal of the said mem*er *ro(er 9hereinafter referred to as the client %hich e8pression shall. unless repu&nant to the conte8t or meanin& thereof. *e deemed to mean and include its le&al successors and permitted assi&ns< >?,R,AS: ?' A' The mem*er *ro(er is a mem*er of 5ational -toc( 8chan&e of )ndia 7imited 9hereinafter referred to as the e8chan&e< and holds a certificate of re&istration &ranted under Rule @ of the -ecurities and e8chan&e Board of )ndia 9-toc( Bro(ers and -toc( -u*1Bro(ers< Rules and Re&ulations. ?33/ M A5D /' B' The mem*er *ro(er offers online tradin& services to the client. su*+ect to the terms of the present a&reement and the -B) &uidelines in this re&ard' H' !' The mem*er *ro(er and the client are re>uired to enter into an a&reement layin& do%n the scope of their authorityP responsi*ility. in relation to the transactions in securities usin& the online tradin& facilities that the mem*er *ro(er ma(es availa*le to them @' D' The client is desirous of investin&P tradin& in securities admitted for dealin& on the 5ational -toc( 8chan&e as defined *y the *ye1la% of the said 8chan&e throu&h online tradin& services *y the mem*er *ro(er' G' ' The mem*er *ro(er is satisfied and shall continuously satisfy themselves of the &enuineness and financial soundness of the client and investment o*+ectives relevant to the services to *e provided' 4' F' The client is satisfied %ith the capa*ility of the mem*er *ro(er to deal in securities on *ehalf of them and the client shall continue to satisfy themselves of the same *efore e8ecutin& orders throu&h the online tradin& facilities of such mem*er *ro(er' 0' $' The mem*er *ro(er has ta(en steps and shall ta(e steps to ma(e the client a%are of the precise nature of the mem*er *ro(er=s lia*ility for *usiness to *e conducted. includin& any limitations on that lia*ility and the capacity in %hich it acts' "O> )* )S A!R,,D B( A"D B,*>,," *?, PAR*),S ?,R,*O AS -O55O>S: ?' )"*,RPR,*A*)O" O- R,C)*A5S The recitals form an inte&ral part of this a&reement' 28 ?' D,-)")*)O"S ?' /'? For the purposes of this a&reement 9a< CClientD means and includes any individual. %ho transacts in securities throu&h the auspices of the mem*er *ro(er herein named as such. and see(s to transact such *usiness in securities throu&h the use of Tradin& facilities of the said mem*er *ro(er' 9*< CDepo8itoryD refers to the 5ational -ecurities Depository 7imited. Mum*ai' 95-D7< 9c& COnline *radingD means carryin& on the *usiness of stoc( *ro(in& usin& electronic systems as "rder Routin& mechanisms to for%ard orders to the electronic system of the -toc( 8chan&e' 9d< C,EchangeD refers to the 5ational -toc( 8chan&e of )ndia 7imited' 95-< 9e< C#ember Bro4erD is Karvy -toc( Bro(in& 7imited. a stoc( *ro(er re&istered as a -toc( Bro(er in terms of the -B) 9-toc( Bro(ers and -u*1Bro(ers< Rules and Re&ulations. ?33/ and are re&istered as -toc( Bro(ers %ith -B) in terms of the said rules and re&ulations' ?' 9f< C*rading AccountD shall mean a rupee account opened *y the client %ith the mem*er *ro(er. %hich is lin(ed to the online tradin& facility throu&h the %e*1site' 9&< CDepo8itory Participant or CDe8ignated Depo8itory ParticipantD means Karvy Depository #articipant or any other depository participant as may *e specially desi&nated as a Depository #articipant *y Karvy -toc( Bro(in& 7imited. respectively' 9h< CBan4D or CDe8ignated Ban4D means any *an( as may *e notified from time to time on the %e*site. %ith %hom the mem*er *ro(er has made arran&ement in respect of the "nline Tradin& -ervices to *e provided to the clients in terms of the presents' 9i< CBan4 AccountD or CDe8ignated Ban4 AccountD means an account opened. maintained and operated *y the clients %ith a *an( in terms of and pursuant to the re>uirements mentioned in the a&reement' 9+< CDemat AccountD or CDe8ignated Demat AccountD means an account maintained in terms of the Re&ulation @/ of the -B) 9Depositories and #articipants< Re&ulations. ?334 *y Karvy Depository #articipant in its capacity as a Depository #articipant or any other Depository #articipant as may *e specified *y Karvy -toc( Bro(in& 7imited' 9(& C#argin *radingD refers to tradin& in securities *y payin& an advance amount as mar&in to the mem*er *ro(er in cash and E or as securities. in the follo%in& eventsJ 9i< #urchase of securities of a value in e8cess of the money %ith the purchaser. in the Tradin& Account. at the time %hen the order is placed on the %e*site' ?' 9ii< -ale of securities in e8cess of the securities availa*le in the demat account of the seller on the date %hen the order is placed on the %e*site' 29 9l< CPay-in DateD means the day on %hich the clearin& house of the stoc( e8chan&e receives in the securities and monies due from the mem*ers pursuant to their transactions in securities. over the period of the settlement cycle of the 8chan&e' 9m< CPay-out DateD means the day on %hich the clearin& house of the stoc( e8chan&e pays out securities and monies due to mem*ers pursuant to their transactions in securities. over the period of the settlement cycle of the 8chan&e' 9n& C*erm8 and Condition8D means the information availa*le on the %e*site under the head C*erm8 and Condition8D and includes *ut is not limited to any information availa*le on clic(in& on any hyperlin( to the section named terms and !onditions on the said %e*site' 9o< C>eb8iteD means the %e*site located at ;R7 httpJPP%%%'(arvy'com /'/ All %ords and terms not defined in this a&reement or on the %e*site mentioned a*ove shall ta(e on the same meanin&s as may *e attri*uted in terms of the -B) P 8chan&e $uidelines. Rules and re&ulations' ?' $ R,PR,S,"*A*)O"S A"D >ARRA"*),S $1 The clients here*y %arrant that they are capa*le of e8ecutin& the present a&reement and that the terms of the presents are not in contravention of any ri&hts of any party %ith %hom such client has any a&reements any time prior to the e8ecution of this A&reement' $. The clients %arrant that they have. maintain and operate a valid account %ith a desi&nated *an(' The clients state that they have opened a valid and su*sistin& Demat Account %ith a desi&nated depository participant' $$ The clients a&ree to provide and continue to provide all details a*out themselves as may *e re>uired *y the mem*er *ro(er includin& *ut not restricted to #A5 5um*er. and state that all details and facts represented to the mem*er *ro(er are true' $9 The mem*er *ro(er states that they have complied %ith all statutory and re&ulatory re>uirements to offer the "nline Tradin& -ervices throu&h the %e*site %%%'(arvy'com' $: The clients %arrant that all or any securities deposited *y them %ith the mem*er *ro(er in respect of mar&in tradin& re>uirements or other%ise. are o%ned *y them and that the title thereof is clear and free of encum*rances' /' 9 R,!)S*RA*)O" A"D ACCO+"* OP,")"! 91 The mem*er *ro(er shall. after re&istration. permit the re&istered user. a tradin& pass%ord %hich ena*les himPher Pthem to avail of the facilities of "nline Tradin& throu&h the said %e*site' All terms 30 re&ardin& the use and modification of such pass%ord shall *e &overned *y information on the %e*site' The clients are a%are that authentication technolo&ies and strict security measures are re>uired for the )nternet tradin& throu&h order routed system and underta(e to ensure that the pass%ord of the client and Por of their authori,ed representative are not revealed to any third party' The clients also a&ree to indemnify the mem*er *ro(er from any loss. in+ury. claim or any action instituted a&ainst the mem*er arisin& from the misuse of the pass%ord *y any party' 9. The services on the %e*site shall *e availa*le to the rere&istered user su*+ect to the terms and conditions mentioned thereof' 9$ The clients shall furnish a duly filled application form to the mem*er *ro(er indicatin& their intention to transact in securities usin& the "nline Tradin& facilities on the %e*site. in the format supplied *y the mem*er *ro(er' 99 The clients shall provide to the mem*er *ro(er. a po%er of attorney authori,in& the mem*er *ro(er to de*itPcreditP*loc(Pcreate lienPpled&e clients depository accounts throu&h their authori,ed personnel. to the e8tent of the transaction conducted *y the said clients any due and paya*le to the mem*er *ro(er' 9: The clients shall authori,e the mem*er *ro(er to de*itPcredit or *loc( his *an( account in the manner as per the procedure laid do%n in the terms and conditions and as per practices follo%ed *y the *an( in this re&ard' The clients also authori,e the mem*er *ro(er to create lien on the amount lyin& in their *an( account in the manner specified in the terms and conditions' 9; The mem*er *ro(er. after satisfyin& themselves that the pre1 re>uisites have *een met *y the clients. may re&ister the clients as a re&istered user of the %e*site and the "nline Tradin& facilities may *e made availa*le to the clients' 9< The mem*er *ro(er may' "pen one or more accounts in the name of the re&istered user in the *oo(s of the mem*er *ro(er' 90 The clients a&rees that all the orders placed *y them for securities throu&h the %e*site shall *e %ithin the parameters defined and mentioned in the terms and conditions' : *RAD)"! :1 *RAD)"! ACCO+"*S 1 The clients a&ree to open a tradin& account %ith the mem*er *ro(er' . The clients a&ree that the mem*er *ro(er may re>uire the clients at any time durin& the su*sistence of the presents. to open one or more tradin& accounts' The clients a&rees that the de*itPcredit for all the transactions may *e effected in thisPthese accounts. or *et%een such accounts. in the manner deemed fit *y the mem*er *ro(er' 31 $ The !lients a&ree that they shall place orders for the purchase of securities in respect of delivery accounts %here the securities to *e purchased are of a value that shall not. in a&&re&ate e8ceed teh advance paid *y the clients into such tradin& account or the amount in the *an( account and such monies shall *e *loc(ed in favor of the mem*er *ro(er *y the *an(. or the securities in the demat account shall *e *loc(ed in favor of the mem*er *ro(er. as the case may *e' 9 The clients a&ree that they shall place orders for the purchase of securities in respect of mar&in tradin&. they shall *e *ound *y the rules in this re&ard that are made applica*le to them *y mention in the terms and conditions on the %e*1site and as modified from time to time' : The clients a&ree that they shall *e re>uired to ma(e such mar&in payments as are paya*le. as per the time schedule prescri*ed *y the mem*er *ro(er *y mention on the terms and conditions. from time to time' -uch mar&in payments. if any. shall *e paya*le in cash or securities as specified *y the mem*er *ro(er in the terms and conditions or any section of the %e*1site and modified from time to time' #rovided that the securities. if any. accepted as mar&ins. shall *e valued *y the mem*er *ro(er as per the terms and conditions on the %e*1site' ; The !lient authori,es mem*er *ro(er to pled&e these securities %ith e8chan&e to meet mar&inPcapital ade>uacy re>uirement of mem*er *ro(er' He further authori,es the mem*er *ro(er to sell these securities to recover any dues paya*le *y him to mem*er *ro(er' < The clients a&ree that all payments due to the mem*er *ro(er %ill *e made %ithin the specified time and in the event of any delay. the mem*er *ro(er may refuse. at their discretion. to carry out transactions on *ehalf of the clients' The clients a&ree that alternatively. the mem*er *ro(er may. at their sole discretion. s>uare off such transactions and the costsPlosses if any. thereof shall *e *orne solely and completely *y the clients' 0 The clients a&ree. that %ithout pre+udice to any other remedy or ri&ht prescri*ed in the presents. the mem*er *ro(er may char&e daily interest at the rate of /A per month for any delay in the payment char&es. mar&in or any other sum due to the mem*er as may *e applica*le' :. BA"2 ACCO+"* ?' The clients a&ree that the mem*er *ro(er may. at any time durin& the su*sistence of any arran&ement relatin& to the su*+ect matter of the presents. re>uire the clients to open one or more accounts %ith a desi&nated *an(' The clients a&ree that the de*itPcredit for all the transactions may *e effected in thisPthese accounts' 32 /' The clients a&rees that mem*er *ro(er shall have the ri&ht. at any time durin& the su*sistence of this a&reement. to &ive any instructions to the *an(s %ith %hom they have affiliations or any other arran&ement. in respect of the account of the clients maintained %ith such *an(' The clients a&ree that they shall have no cause of action in respect of any instruction that may *e &iven to the *an( in respect of their accounts maintained %ith such *an( in pursuance of the presents' H' The clients a&ree that the mem*er *ro(er may. %ithout assi&nin& any reason thereof. and %ithout issuin& any notice of the same to the clients. reveal information availa*le %ith the mem*er *ro(er in the course of the arran&ement %ith the clients. to the *an( %ith %hom such clients maintain *an( accounts pursuant to the presents. and the clients shall have no remedy therefrom' @' The clients shall a&ree that in the event that the desi&nated *an( terminates the a&reement %ith the clients in respect of the *an( account maintained *y the clients %ith such desi&nated *an(. for any reason or informs the mem*er *ro(er of any misdemeanor or trans&ression *y the clients in the operation of the account or in any other circumstance resultin& in the closure or in operation of the said *an( account %ith the desi&nated *an(. the mem*er *ro(er may. at their discretion terminate services to the clients and the clients shall have no remedy therefrom' G' 5ot%ithstandin& anythin& contained in any other a&reement or arran&ement. if any. *et%een the parties hereto. the clients here*y authori,e the mem*er *ro(er to release all payments due to them from the tradin& account maintained %ith the mem*er *ro(er. a&ainst specific re>uest in that *ehalf made in the manner and follo%in& the procedure laid do%n in the terms and conditions' For the purposes of this clause. any re>uest made throu&h or on the %e*1site shall *e sufficient for the mem*er *ro(er to e8ecute an instruction' :$ D,#A* ACCO+"* ?' The clients a&ree to open. maintain and operate a valid demat account %ith the desi&nated depository participant' /' The clients a&ree that the mem*er *ro(er may re>uire the clients. at any time durin& the su*sistence of any arran&ement relatin& to the su*+ect matter of the presents. to open one or more demat accounts' The clients a&ree that the de*itPcredit for all the transactions are to *e effected in thisPthese accounts' :9 ORD,RS 33 ?' The clients a&ree that all the orders placed throu&h the %e*1site shall *e for%arded *y the system to the 5ational -toc( 8chan&e 7imited. as may *e applica*le. in respect of the arran&ement *et%een the parties' /' The clients a&ree that if. any circumstance or for any reason. the mar(et closes *efore the acceptance of the "rder *y the 8chan&e. the "rder may *e re+ected' The clients a&ree further. that the mem*er *ro(er may re+ect "rders if the same are re+ected *y the -toc( 8chan&e for any reason' )n case of re+ection of an order due to re+ection *y the 8chan&e. the clients a&ree that the order shall remain declined and shall not *e reprocessed in any event' H' The mem*er *ro(er may. at their sole discretion. re+ect any order placed on the %e*1site due to any reason. includin& *ut not limited to the non1availa*ility of funds in the tradin& account of the clients. non1 availa*ility of securities in the Demat account of the clients %ith a desi&nated depository participant. insufficiency of mar&in amount if the clients opts for mar&in tradin&. suspension of scrip1specific tradin& activities *y or on an 8chan&e and the applica*ility of circuit *rea(er to a scrip in %hich orders are placed throu&h the %e*1site' @' The clients are a%are that the mem*er *ro(er has provided on the %e*1site. a facility for reconfirmation of orders. %hich are lar&er that those specified *y the mem*er *ro(erLs ris( mana&ement. and is also a%are that the mem*er *ro(er has the discretion to re+ect the e8ecution of such orders *ased on such ris( perception' G' The clients a&ree further that the mem*er *ro(er shall have the ri&ht to re+ect any order placed *y the clients for any reason and at any time %ithout notice to the clients' #rovided that the order placed *y the clients can only *e re+ected *y the mem*er *ro(er in the event of impossi*ility. or pursuant to any of the terms mentioned in this A&reement. circulars. rules. re&ulations. notifications. Bye1la%s or le&islation of any re&ulatory authority. or pursuant to any termsParran&ement *et%een the clients and the mem*er *ro(er or the clients and the depository participant. %hether such arran&ement is e8ecuted prior to or durin& the su*sistence of this A&reement' 4' The clients a&ree that. if the order is not accepted on the %e*1site for any reason. the mem*er *ro(er shall have the ri&ht to treat the order as havin& lapsed' 0' The clients a&ree that the mem*er *ro(er shall not *e lia*le or responsi*le for non1e8ecution of orders placed throu&h the %e*1site due to the failure of any system or lin( or due to any other reason %hatsoever' F' The mem*er *ro(er. may at their sole discretion permit clients to use the %e*1site for the routin& of their orders in respect of securities. irrespective of the amount in the *alance of the account of the clients' 34 3' The clients a&ree to a*ide %ith and *e *ound *y all the Rules and !irculars that the mem*er *ro(er may issue from time to time. and all rules. re&ulations and *ye1la%s of the 8chan&e as are in force pertainin& to the transactions on their *ehalf carried out *y the mem*er *ro(er and the orders place *y them on the %e*1site' ?2' The mem*er *ro(er may inform the clients of the acceptance or re+ection of the order placed *y the clients throu&h the %e*1site. and the reason therefor %ithin the t%enty four hours of the placin& of such order throu&h the electronic mode at the e1mail id provided *y the clients %hile re&isterin& for the service on the %e*1site or as modified thereafter' ??' The systems used *y the mem*er *ro(er for providin& "nline Tradin& services are &enerally capa*le of assessin& the ris( of the clients as soon as the order comes in' ?/' Any and all instructions issued *y an authori,ed representative of the clients shall *e *indin& on the clients in accordance %ith the letter authori,in& the said representative to deal on *ehalf of the clients' All authentication of the authority of a client to instruct the mem*er *ro(er to deal on *ehalf the client shall *e determined *y the terms in this re&ard mentioned on the %e*1site' :: C5,AR)"! A"D S,**5,#,"* ?' The 8chan&e may cancel a trade suo motu %ithout assi&nin& any reason thereof' )n the event of such cancellation the mem*er *ro(er shall *e entitled to cancel the relative contract or contracts. if any. %ith the clients' /' The mem*er *ro(er may directly credit the demat account of the clients %ith the desi&nated depository participant for the purchase of the securities *y the clients %ithin forty ei&ht hours of the receipt of the securities from the e8chan&e on the pay1 out day' #rovided that if the order placed *y the clients throu&h the %e*1site is for securities. %hich are in the no1delivery period. such securities shall *e credited to the tradin& account of the clients only at the time of settlement of trades. as per the schedule of the e8chan&e' Ho%ever. 9a< )f any sum is due from the clients the mem*er *ro(er may %ithhold the credit of securities to the said Demat account of the clients %ith the desi&nated depository participant' 9*< Delivery arisin& from an order placed from the %e*1site in respect of a mar&in tradin& account. may not *e credited to the demat account of the clients *ut %ill *e disposed of in a manner prescri*ed in the terms and conditions' 35 H' Any sale delivery not made to the mem*er *ro(er at the time of trade must *e made at least forty1ei&ht hours prior to the pay1 out date in respect of the settlement in %hich such purchase is made' 7osses. if any. that may accrue in the event of a default in completin& the delivery on the 8chan&e *y the mem*er *ro(er resultant of a delay in the delivery *y the clients. shall *e *orne solely and completely *y the clients' 7osses for the purposes of this clause shall include auction de*ts. if any incurred as a result of non1delivery of securities on the settlement date on the e8chan&e' :; D,-A+5* A"D CO"S,=+,"C,S *?,R,O- ?' The clients a&ree that they shall *e deemed to have defaulted terms of this a&reement in circumstances includin& *ut not restricted to the follo%in&J 9a< Any delay in payment of mar&ins. char&es or delivery in respect of this a&reement for transactions e8ecuted on *ehalf of the clientsM 9*< Any contravention of the terms contained in the presentsM 9c< Any misrepresentation or false statement or omission. or misleadin& information supplied *y the clients to the mem*er *ro(erM /' The mem*er *ro(er may terminate the services made availa*le to the clients at any time and %ithout issuin& any notice or assi&nin& any reason thereof' H' )n the event of a default of this a&reement *y a clients. the mem*er *ro(er shall *e entitled to any or all of the follo%in& courses of actionJ a< )mmediate termination of this a&reement and provision of services in terms of this a&reement' *< "ther remedies as may *e availa*le in terms of the la% for the time *ein& in force' c< Ar*itration in terms of this a&reement' d< !har&e of an amount that shall not e8ceed the actual losses incurred *y the mem*er *ro(er conse>uent to the default alon& %ith the interest at mar(et rates' :< 5)," ?' All the funds of the clients in the *an( account shall *e su*+ect to lien for the dischar&e of any or all payments due to the mem*er *ro(er from the clients. or in respect of any other o*li&ation that clients may have to the mem*er *ro(er' /' All securities in the demat account opened in terms of this a&reement %ith a desi&nated depository participant. shall *e su*+ect to lien for the dischar&e of any or all payments due to the mem*er *ro(er from the clients or any other o*li&ation that the clients may have to the mem*er *ro(er and may *e held *y the mem*er *ro(er as a security a&ainst default *y the clients in respect of the services already availed of *y the clients' 36 H' The enforcement of the lien aforementioned in clauses G'0'? and G'0'/ shall *e at the sole and complete discretion of the mem*er *ro(er and the mem*er *ro(er alone may decide the securities to *e sold. if any' @' The clients authori,es the mem*er *ro(er to *loc( securities a&ainst pendin& order or pled&e securities in favor of the mem*er *ro(er a&ainst any of the dues' #rovided that re>uirement may *e %aived y the mem*er *ro(er. at their discretion. *y suita*le modification to the terms and conditions' :0 )"',S*#,"* AD')C, ?' The clients a&ree that the mem*er *ro(er shall not *e re>uired to provide the clients %ith any form of le&al. accountin& or ta8 related advice' /' The clients a&ree that none of the services availa*le on the %e*site shall amount to investment advice on the part of the mem*er *ro(er' :J #)SC,55A",O+S ?' The clients a&ree that all decisions %ith re&ard to the amount that may *e placed as mar&in. the e8posure availa*le to the clients as a&ainst the funds availa*le in the *an( account and the authori,ed tradin& limit shall *e decided *y the mem*er *ro(er at their sole discretion and no reasons thereof are re>uired to *e &iven to the clients' /' The clients a&ree that that shall *e *ound *y all or any chan&es or modifications that are made to this a&reement *y the mem*er *ro(er. at its sole and complete discretion' H' The clients a&ree that a modification to the terms and conditions on the %e*site shall amount to a valid modification of the presents' @' The clients a&ree that the mem*er *ro(er may at any time terminate the services availa*le on the %e*site on the *asis of %hich this a&reement is dra%n and such termination of services for any reason shall not *e in contravention of the presents' )n the event that such termination occurs the mem*er *ro(er shall not *e re>uired to issue any notice to the clients or assi&n any reasons thereafter' G' The mem*er *ro(er shall issue contract notes in terms of the -B) 9-toc( Bro(ers and -u* Bro(ers< Rules and re&ulations. ?33/ %ithin t%enty four hours of the e8ecution of the trade' -uch contract note shall *e dispatched *y the mem*er *ro(er *y courier or throu&h any other mode specified in the terms and conditions mentioned on the %e*site. at the address mentioned in this a&reement or at any other address e8pressly informed to the mem*er *ro(er *y the clients' 4' The clients a&ree that all the transactions e8ecuted pursuant to an order placed on the %e*site shall *e su*+ect to the rules of the clearin& house of the e8chan&e and that all trades shall *e settled throu&h such clearin& house' 0' The clients a&ree to *e *ound *y the &uidelines. includin& the rules pertainin& to the ad+ustment of shorta&es in clients positions in securities transacted on *ehalf of such clients. or any other person *y the mem*er *ro(er. 37 %ither throu&h orders placed throu&h the use of the "nline Tradin& services of the mem*er *ro(er or other%ise as may *e issued *y the mem*er *ro(er from time to time' :1/ #OD)-)CA*)O"S ?' All modifications to this A&reement shall *e made solely at the discretion of the mem*er *ro(er and shall *e intimated to the clients *y a suita*le modification to the terms and conditions or other applica*le section on the %e*site' /' The client a&rees that a modification to the information in the terms and conditions section on the %e*site or any other applica*le section and a display of the modification for the duration of the applica*ility of such modification to the circumstances of the clients. shall *e sufficient notice to the !lients. to ta(e note of such modification' :11 ASS)!"#,"*S The client a&rees that Karvy stoc( *ro(in& 7imited may at any time durin& the su*sistence of the presents %ithout re>uirement of issuin& any notice to the clients. assi&n. transfer or other%ise alienate. *y e8ecutin& an a&reement or in any other manner. all or any of their ri&hts and Por o*li&ations in terms of this a&reement to any person or entity includin& *ut not limited to their affiliates. associates or sister companies' ; *,R#S O- CO"S)D,RA*)O" ;1 CO##)SS)O"S A"D BRO2,RA!, All commissions and char&es levia*le on transactions in securities pursuant to orders placed on the %e*site shall *e paya*le at rates mentioned on the %e*site and as may *e modified from time to time' ;. +S,R -,,S The clients a&ree that the mem*er *ro(er may char&e ;ser Fees for the use of any other service includin& *ut not restricted to the "nline Tradin& -ervices. at a rate mentioned on the %e*site and as may *e modified from time to time' ;$ D,POS)*OR( C?AR!,S The clients a&ree that the mem*er *ro(er may de*it the demat account char&es paya*le to the depository participant to the tradin& account of the clients maintained %ith the mem*er *ro(er' 38 ;9 O*?,R C?AR!,S The mem*er *ro(er may char&e any other relevant char&e in the manner intimated on the %e*site from time to time includin& *ut not limited to Trade !ommission. -ervice Ta8. Turnover !har&es. Ta8 8penses incurred. -tamp Duty. Mar&ins etc' as applica*le' < )"D,#")*( 0'? The mem*er *ro(er shall *e indemnified *y the client in case of any action initiated a&ainst the mem*er *ro(er *y the party not privy to this contract. and it shall *e the duty of the client to *ear out of their funds. all costs. losses and e8penses %hich any such mem*er *ro(er may incur or may *ecome lia*le to pay. *y reason of any event in the course of the use of the said services *y the client' 0'/ )n the event of death or insolvency of the client or his other%ise *ecomin& incapa*le of receivin& and payin& for or deliverin& or transferrin& securities %hich the client has ordered to *e *ou&ht or sold. the mem*er *ro(er may close out the transaction of the client and the client or his le&al representative shall *e lia*le for any losses. costs and *e entitled to any surplus %hich may result therefrom' 0 -ORC, #AL,+R, The mem*er *ro(er shall not *e responsi*le for delay or default in the performance of their o*li&ations due to contin&encies *eyond their control. such as fire. flood. civil commotion. earth>ua(e. %ar. stri(es. failure of the system. failure of )nternet lin(s or &overnmentPre&ulatory actions' J *,R# A"D *,R#)"A*)O" 3'? Both parties shall *e entitled to terminate this a&reement at %ill and %ithout &ivin& any reasons to the other party *ut not %ithout &ivin& a notice in %ritin& of not less than one month that shall *e despatched to the addresses mentioned in this a&reement' Ho%ever. such cancellation or termination shall not have any effect on any transaction9s< e8ecuted prior to the date of such notice of termination and the ri&hts and o*li&ations in respect of such transactions shall continue to su*sist in terms of this a&reement. andPor the terms and conditions as may *e prescri*ed' 3'/ This A&reement shall *ecome effective on the date first %ritten a*ove. su*+ect to !lause F a*ove. and shall remain in full force until and unless terminated' 3'H )n the event of any $overnmental action or action from any re&ulatory authorities de*arrin& the mem*er *ro(er from carryin& on *usiness or 39 renderin& it impossi*le to transact the *usiness of *ro(in& or online tradin&. this a&reement shall stand terminated' 3'@ The ri&hts and o*li&ations of the #arties under this A&reement %hich *y their nature survive the termination of this A&reement shall not *e e8tin&uished *y the termination of this A&reement' 1/ ARB)*RA*)O" ?2'? )f any dispute arises *et%een the #arties hereto durin& the su*sistence of this A&reement of thereafter. in connection %ith or related to the validity. interpretation. implementation or alle&ed *reach of any provision of this A&reement. the dispute shall. as far as possi*le *e settled %ith the help of the officials of the e8chan&e and if no such settlement is possi*le the parties here*y a&ree to refer such dispute to ar*itration in accordance %ith the rules. *ye1la%s and re&ulations of the said stoc( e8chan&e' The mem*er *ro(er and client here*y a&ree that they shall co1operate %ith the e8chan&e officials and provide all relevant documents in their possession so as to e8pedite the settlement throu&h the ar*itration process' ?2'/ The mem*er *ro(er and the client here*y a&ree that they %ill assist and co1operate %ith each other in ensurin& faster settlement of any ar*itration proceedin&s arisin& out of the present a&reement or from the provision of the online tradin& services *y the mem*er *ro(er and %ill accept ar*itration a%ards in respect thereof' 11 APP5)CAB)5)*( O- 5A> The provisions of this a&reement shall al%ays *e su*+ect to $overnment notifications. any rules. re&ulations and &uidelines issued *y -B) and the -toc( 8chan&e rules. re&ulations and Bye1la%s that may *e in force from time to time' 1. L+R)SD)C*)O" All trades. transactions and contracts are su*+ect to the rules and re&ulations of the e8chan&e and depository and shall *e deemed to *e and shall ta(e effect as %holly made. entered into and *e performed in the city of Hydera*ad and the parties to such trade shall *e deemed to have su*mitted to the +urisdiction of the !ourts in Hydera*ad for the purpose of &ivin& effect to the provisions of the Rules and re&ulations of the e8chan&e and the *ye1la%s and *usiness rules of the depository' !lient JRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR 9First Holder 5ame< -i&nature J RRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR
40 6itness By JRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR -i&nature JRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR
Bro(er J KARBC -T"!K BR"K)5$ 7)M)TD' By J -i&nature J Title J D)R!T"RCPA;TH"R)-D -)$5AT"RC 6itness J PRO-)5, O- BRO2)"! ?O+S, )" *?, S*OC2 #AR2,* 41 +S The Karvy &roup %as formed in ?3FH at Hydera*ad. )ndia' Karvy ran(s amon& the top player in almost all the fields it operates' Karvy !omputershare 7imited is )ndia=s lar&est Re&istrar and Transfer A&ent %ith a client *ase of nearly G22 *lue chip corporate. mana&in& over / crore accounts' Karvy -toc( Bro(ers 7imited. mem*er of 5ational -toc( 8chan&e of )ndia and the Bom*ay -toc( 8chan&e. ran(s amon& the top G stoc( *ro(ers in )ndia' 6ith over 4.22.222 active accounts. it ran(s amon& the top G Depositary #articipant in )ndia. re&istered %ith 5-D7 and !D-7' Karvy !omtrade. Mem*er of 5!DS and M!S ran(s amon& the top H commodity *ro(ers in the country' Karvy )nsurance Bro(ers is re&istered as a Bro(er %ith )RDA and ran(s amon& the top G insurance a&ent in the country' Re&istered %ith AMF) as a corporate A&ent. Karvy is also amon& the top Mutual Fund mo*ili,er %ith over Rs' G.222 crores under mana&ement' Karvy Realty -ervices. %hich started in /224. has >uic(ly esta*lished itself as a *ro(er %ho adds value. in the realty sector' Karvy $lo*al offers niche off shorin& services to clients in the ;-' Karvy has G0G offices over H0G locations across )ndia and overseas at Du*ai and 5e% Cor(' "ver 3.222 hi&hly >ualified people staff Karvy' #,A"S O- -)"A"C)"! Financin& a company throu&h the sale of stoc( in a company is (no%n as e>uity financin&' Alternatively. de*t financin& 9for e8ample issuin& *onds< can *e done to avoid &ivin& up shares of o%nership of the company' ;nofficial financin& (no%n as trade financin& usually provides the ma+or part of a companyLs %or(in& capital 9day1to1day operational needs<' Trade financin& is provided *y vendors and suppliers %ho sell their products to the company at short1term. unsecured credit terms. usually H2 days' >uity and de*t financin& are usually used for lon&er1term investment pro+ects such as investments in a ne% factory or a ne% forei&n mar(et' !ustomer provided financin& e8ists %hen a customer pays for services *efore they are delivered. e'&' su*scriptions and insurance #AR2,* S?AR, A"A5(S)S 42 -ecurity Bond -toc( !ommon stoc(s #referred stoc(s -hare Mutual funds #ar value v s' Mar(et value Bullish v s' Bearish O*?,R B,",-)*S O- )"',S*)"! )" S?AR,S@ Because they can ma(e *i& money on it' !ompared to your investments in fi8ed deposits in *an(s it ma(es more profits. *ut the *ad ne%s is that you are also e8pected to *ear the losses. if any' ?< #ossi*ility of hi&h returns /< asy li>uidity H< ;n*eata*le ta8 *enefits @< )ncome from dividends SO ?O> DO,S O", B+( S?AR,S@ There are *asically t%o %ays in %hich you can invest in sharesJ #urchase shares from the primary mar(et 9i'e' )#"Ls< Trade in the -econdary Mar(et. i'e' -toc( e8chan&es >?O S,5,C*S *?,S, S*OC2S@ They are selected *y the )nde8 committee' 43 -ome of the criteria they follo% includeJ ?< Mar(et capitali,ation' /< 7i>uidity' H< !ontinuity' @< )ndustry representation' G< 7isted history CO#P+*A*)O" O- S*OC2 )"D,7: A stoc( mar(et may either *e a price inde8 or a %ealth inde8' )n )ndia most of the indices are usin& %ealth inde8 for computation of stoc( mar(et' !ompany 5o' of shares Mar(et #rice on 23P2/P24 Mar(et cap 9Rs'< Mar(et #rice on ?FP2/P24 Mar(et cap 9Rs'< TATA ?2 /2P1 /22P1 H2P1 H22P1 )5F"-C- /2 H2P1 422P1 @2P1 F22P1 )BM /2 ?22P1 /222P1 ?G2P1 H222P1 T"TA7 MARKT !A# /F22P1 @?22P1 Face valueTRs'?2P1 Base valueT?22P1 )nde8 present valueT9?22U@?22<P/F22T ?@4'@/F 44 O*?,R #AR2,* R+"",RS :- 2O*A2 S,C+R)*),S: Kota( securities ltd is )ndia leadin& stoc( *ro(in& house %ith a mar(et share of close to 3A as on H? march /220' (ota( securities ltd has *een the lar&est in )#" distri*ution' The company has a full fled&ed research division involved in macro economic studies sect oral research and company specific e>uity research com*ined %ith a stron& and %ell net%or(ed sales force %hich helps deliver current and up to date mar(et information and ne%s Kota( securities ltd is also a depository participant %ith national securities depository limited and central depository service limited 'providin& dual *enefits services %here in the investor can use the *ro(era&e services of the company for e8ecutin& the transactions and the depository service for settlin& them' Kota( securities have F?H outlets servicin& more than H?G222 customers and a covera&e of /00 cities' Kota( securities com the online division of (ota( securities limited offers internet *ro(in& services and also online )#" and mutual fund investment
A Kota( security limited mana&es assets around /H22 crores of assets under mana&ement' The portfolio mana&ement service provides top class service caterin& to the hi&h end of the mar(et' #ortfolio mana&ement from (ota( securities comes as an ans%er to those %ho %ould li(e to &ro% from e8ponentially on the crest of the stoc( mar(et. %ith the *ac(in& of an e8pert' 45 -hare(han. the retail *ro(in& arm of --K) &roup and one of the lar&est stoc( *ro(in& house in the country has %on the presti&ious a%aa, consumer vote a%ards /22G for the most preferred stoc( *ro(in& *rand in )ndia. in the investment advisors cate&ory -hare (han e>uity related services include trade e8ecution on B-.5- derivatives commodities depository services online tradin& and investment advice .'share(han online tradin& and investment site %%%'share(han'com %as launched in /222 ' -hare(han Ba& round net%or( includes over /G2 centers across ?/H cities in )ndia and havin& around ?/2222 customers and e>ual num*er of demat customers' -hare(han %on the a%ard *y vote of customer around the country. as part of )ndia lar&est consumer study cover 0222 respondents /? product and service across /? ma+or cities' the study initiated *y a%aa, )ndia first dedicated consumer channel and mem*er of the %orld %ide !5B! net%or( and ac 5ielsen or& mar& %as aimed at understandin& the *rand preference of the consumer and to decipher %hat are the most important loyalty criteria for the consumer in each vertical )n order to select the a%ard recipient spontaneous responses rather than prompted responses %ere &arnered %ith an intention to &lean un*iased preferences' The reason *ehind the preferences for *rands %ere unveiled *y e8amines the follo%in&J Tan&i*le features of product Pservice -ofter. intan&i*le features li(e ima&ery. e>uity drivin& preference Tactical measures such as promotional Ppricin& schemes 46 The )ndia )nfoline &roup. comprisin& the holdin& company. )ndia )nfoline 7imited and its %holly1o%ned su*sidiaries. straddle the entire financial services space %ith offerin&s ran&in& from >uity research. >uities and derivatives tradin&. !ommodities tradin&. #ortfolio Mana&ement -ervices. Mutual Funds. 7ife )nsurance. Fi8ed deposits. $o) *onds and other small savin&s instruments to loan products and )nvestment *an(in&' )ndia )nfoline also o%ns and mana&es the %e*sites httpJPP%%%'indiainfoline'comPand httpJPP%%%'Gpaisa'comP The company has a net%or( of 0GF *usiness locations 9*ranches and su*1 *ro(ers< spread across H@4 cities and to%ns' )t has more than F22.222 customers )ndia )nfoline 7imited is listed on *oth the leadin& stoc( e8chan&es in )ndia. vi,' the -toc( 8chan&e. Mum*ai 9B-< and the 5ational -toc( 8chan&e 95-< and is also a mem*er of *oth the e8chan&es' )t is en&a&ed in the *usinesses of >uities *ro(in&. 6ealth Advisory -ervices and #ortfolio Mana&ement -ervices' )t offers *ro(in& services in the !ash and Derivatives se&ments of the 5- as %ell as the !ash se&ment of the B-' )t is re&istered %ith 5-D7 as %ell as !D-7 as a depository participant. providin& a one1stop solution for clients tradin& in the e>uities mar(et' )t has recently launched its )nvestment *an(in& and )nstitutional Bro(in& *usiness'
Bonan,a is a leadin& Financial -ervices & Bro(era&e House %ith ac(no%led&ed industry 7eadership in e8ecution and clearin& services on 8chan&e Traded Derivatives and cash mar(et products' Key elements that place Bonan,a amon&st the leadin& Bro(era&e Houses and ma(e it the preferred service provider for value *ased financial services areJ 47 A !lient1driven foundation and strate&y committed to client1specific investment needs and o*+ectives' )nte&rated and innovative use of Technolo&y ena*lin& clients to trade offline. online and -trate&ic tie1ups %ith latest technolo&y partners to facilitate tradin& access and direct processin& across more than 322 Branches spread over H?2 cities ' !lient1focused philosophy *ac(ed *y mem*erships of all principal )ndian -toc( and !ommodity 8chan&es ma(es Bonan,a a preferred service provider in the )ndustry for value *ased services' m(ay offers futures tradin& throu&h M,m4ay Corporate Ser3ice8 %P& 5tdM' 6e have mem*ership %ith t%o of the ma+or !ommodity e8chan&es of the country' Multi !ommodity 8chan&e of )ndia 7td. Mum*ai 9M!S< 5ational !ommodity and Derivative 8chan&e. Mum*ai 95!DS< 7ar&e num*ers across the country participate in the futures mar(et throu&h m(ayLs rapidly e8pandin& online tradin& terminal net%or( e8tendin& to even remote areas' 7ocal. national and international a&ri1information is disseminated throu&h the companyLs lar&e *ranch net%or(' -eminars. free in house literature and interactive site sessions raise a%areness levels on the futures mar(et' !onse>uently. lar&e num*ers of informed participants enter the tradin& process resultin& in increased volumes and mar(et efficiency' Motilal "s%al -ecurities 7td' %as founded in ?3F0 as a small su*1*ro(in& unit. %ith +ust t%o people runnin& the sho%' Focus on customer1first1attitude. ethical and transparent *usiness practices. respect for professionalism. research1*ased value investin& and implementation of cuttin&1ed&e technolo&y has ena*led us 48 to *lossom into an almost /222 mem*er team' Today they are a %ell diversified financial services firm offerin& a ran&e of financial products and services such as
6ealth Mana&ement Bro(in& & Distri*ution !ommodity Bro(in& #ortfolio Mana&ement -ervices )nstitutional >uities #rivate >uity )nvestment Ban(in& -ervices and #rincipal -trate&ies They have a diversified client *ase that includes retail customers 9includin& Hi&h 5et %orth )ndividuals<. mutual funds. forei&n institutional investors. financial institutions and corporate clients' They are head>uartered in Mum*ai and as of :une H2. /22F. had a net%or( spread over @G2 cities and to%ns comprisin& ?.@34 Business 7ocations operated *y their Business #artners and them' As at :une H2. /22F. they had @F4.4@F re&istered customers' Reli&are nterprises 7imited 9R7<. is one of the leadin& inte&rated financial services &roups of )ndia' R7=s *usinesses are *roadly clu**ed across three (ey verticals. the Retail. )nstitutional and 6ealth spectrums. caterin& to a diverse and %ide *ase of clients' R7 offers a multitude of investment options and a diverse *ou>uet of financial services and has a pan )ndia reach in more than ?GG2 locations across more than @42 cities and to%ns' As part of its recent initiatives. the &roup has also started e8pandin& &lo*ally and has ac>uired 7ondon=s oldest *ro(era&e & investment firm. Hichens. Harrison & 49 !o' plc' Follo%in& this ac>uisition Reli&are no% proposes to operate out of ?2 countries' 6ith a vie% to e8pand. diversify and introduce offerin&s *enchmar(ed a&ainst &lo*al *est practices. Reli&are has entered into +oint ventures %ith the &lo*al ma+or1 Ae&on for its Asset Mana&ement and 7ife )nsurance *usinesses in )ndia' Reli&are=s %ealth mana&ement su*sidiary is no% rechristened as Reli&are Mac>uarie 6ealth Mana&ement 7imited. follo%in& a +oint venture %ith the Australia *ased financial services ma+or. Mac>uarie Ban(' Reli&are has also partnered %ith Bistaar ntertainment to launch )ndia=s first Film Fund' The vision is to *uild Reli&are as a &lo*ally trusted *rand in the financial services domain and present it as the E)nvestment $ate%ay of )ndia=' All employees of the &roup &uided *y an e8perienced and professional mana&ement team are committed to providin& financial care. *ac(ed *y the core values of dili&ence and transparency' ABO+* )"D)AB+55S )ndia*ulls is )ndia=s leadin& Financial -ervices and Real state company havin& over 4@2 *ranches all over )ndia' )ndia*ulls serves the financial needs of more than @.G2.222 customers %ith its %ide ran&e of financial services and products from securities. derivatives tradin&. depositary services. research & advisory services. consumer secured & unsecured credit. loan a&ainst shares and mort&a&e & housin& finance' 6ith around @222 Relationship Mana&ers. )ndia*ulls helps its clients to satisfy their customi,ed financial &oals' )ndia*ulls throu&h its &roup companies has entered )ndian Real state *usiness in /22G' )t is currently evaluatin& several lar&e1scale pro+ects %orth several hundred million dollars' )ndia*ulls Financial -ervices 7td is listed on the 5ational -toc( 8chan&e. Bom*ay -toc( 8chan&e and 7u8em*our& -toc( 8chan&e' The mar(et capitali,ation of )ndia*ulls is around ;-D 4.H22 million 9H?st Decem*er. /220<' !onsolidated net %orth of the &roup is around ;-D 32G million 9H?st Decem*er. /220<' )ndia*ulls and its &roup companies have attracted more than ;-D F22 million of e>uity capital in Forei&n Direct )nvestment 9FD)< since March /222' -ome of the lar&e shareholders of )ndia*ulls are the lar&est financial institutions of the %orld such as Fidelity Funds. $oldman -achs. Merrill 7ynch. Mor&an -tanley and Farallon !apital' 50 Business of the company has &ro%n in leaps and *ounds since its inception' Revenue of the company &re% at a !A$R of ?G3A from FC2H to FC20' Durin& the same period. profits of the company &re% at a !A$R of ?F@A' )ndia*ulls *ecame the first company to *rin& FD) in )ndian Real state throu&h a :B %ith Farallon !apital Mana&ement 77!. a respected ;- *ased investment firm' )ndia*ulls has demonstrated deep understandin& and commitment to )ndian Real state mar(et *y %innin& competitive *ids for landmar( properties in Mum*ai and Delhi' )ndia*ulls Financial -ervices 7td AnandRathi is a leadin& full service securities firm providin& the entire &amut of financial services' The firm. founded in ?33@ *y Mr' AnandRathi. today has a pan )ndia presence as %ell as an international presence throu&h offices in Du*ai and Ban&(o(' AR provides a *readth of financial and advisory services includin& %ealth mana&ement. investment *an(in&. corporate advisory. *ro(era&e & distri*ution of e>uities. commodities. mutual funds and insurance. structured products 1 all of %hich are supported *y po%erful research teams' The firmLs philosophy is entirely client centric. %ith a clear focus on providin& lon& term value addition to clients. %hile maintainin& the hi&hest standards of e8cellence. ethics and professionalism' The entire firm activities are divided across distinct client &roupsJ )ndividuals. #rivate !lients. !orporate and )nstitutions and %as recently ran(ed *y Asia Money /224 poll amon&st -outh AsiaLs top G %ealth mana&ers for the ultra1rich' )n year /220 !iti&roup Benture !apital )nternational +oined the &roup as a financial partner 51 The Hem $roup is one of the lar&est *ro(in& net%or( in india' )t provides tradin& platform in all the leadin& e8chan&es namely O B-. 5-. M!S & 5!DS' !RO+P CO#PA"),S ?,# S,C+R)*),S 5*D 1 MMBR 9B-.!D-7< & !AT$"RC ? MR!HA5T BA5KR ?,# -)"5,AS, P'* 5*D 1 MMBR 95-< ?,# #+5*)CO##OD)*),S P'* 5*D 1 MMBR 9M!S. 5!DS< ?,# -)"A"C)A5 S,R')C,S 5*D 1 5BF! R$)-TRD 6)TH RB) RAL#A5A -)"5,AS, P'* 5*D 1 MMBR 9B-< Achie3ing eEcellence through 8uperior 8er3ice8 More than /F years of rich e8perience "ne of the lar&est *ro(in& net%or( in the country coverin& ?4 states %ith more than H/G outlets More than /F years of rich e8perience "ne of the lar&est *ro(in& net%or( in the country coverin& ?4 states %ith more than H/G outlets 7eadin& )#" and MF Distri*utor #an1)ndia "ne of the Bi&&est Depository #articipant %ith !D-7 Dedicated )n1house Research Department Ro*ust & Hi1tech Tradin& #latform thical & Transparent Business #ractices Featured in )ndia=s 7eadin& >uity Bro(in& Houses /22F *y Dun & Bradstreet At Hem. %hat clients find *est and advanta&eous is its %arehouse of (no%led&e and research in e>uities and commodities. %hich of course adds to their amours in ma(in& investment decisions' Real stren&th of HM has *een the faith and confidence of its clients in its or&ani,ational commitment and performance' This faith and confidence. of numerous investors have *een &ained throu&h transparent & hi&hly relia*le financial services over the last /0 years period' 52 Apart from faith and confidence of clients. its o%n sound net1%orth has *een the other important *usiness assets at the ?,# !RO+P The An&el $roup of !ompanies %as *rou&ht to life *y Mr' Dinesh Tha((ar' He ventured into stoc( tradin& %ith an intention to raise capital for his o%n independent enterprise' Ho%ever. he reco&nised the opportunity offered *y the stoc( mar(et to serve individual investors' Thus )ndia=s first retail1focused stoc(1 *ro(in& house %as esta*lished in ?3F0' ;nder his leadership. An&el *ecame the first *ro(in& house to em*race ne% technolo&y for faster. more effective and afforda*le services to retail investors' Mr' Tha((ar is valued for his understandin& of the economy and the stoc(1 mar(et' The print and electronic media often see( his vie%s on the mar(et trend as %ell as investment strate&ies' An&el Bro(in&Ls tryst %ith e8cellence in customer relations *e&an in ?3F0' Today. An&el has emer&ed as one of the most respected -toc(1Bro(in& and 6ealth Mana&ement !ompanies in )ndia' 6ith its uni>ue retail1focused stoc( tradin& *usiness model. An&el is committed to providin& EReal Balue for Money= to all its clients' The An&el $roup is a mem*er of the Bom*ay -toc( 8chan&e 9B-<. 5ational -toc( 8chan&e 95-< and the t%o leadin& !ommodity 8chan&es in the countryJ 5!DS & M!S' An&el is also re&istered as a Depository #articipant %ith !D-7' 53 )ntroduction of OrganiFation About 2ar3y -ortune:- Karvy Fortune a *usiness opportunity for individuals in similar *usiness from Karvy. it &ives the opportunity to associate %ith Karvy Family as Franchisee. Remisser. or as an )ndependent Financial Advisors' Karvy ran(s amon& G stoc( *ro(ers and Depositary #articipants in )ndia. %ith the enormous net %or( of over G22V *ranches in H0G locations across )ndia and overseas at Du*ai. e8ecutes ?G2.222V trades in 5-PB- per day' Karvy has a top notch research team. advisory team. technolo&y support team to serve it=s customers in /@P0 manner
Associate %ith Karvy Fortune. a correlate opportunity from )ndia=s foremost financial services provider. Karvy -toc( Bro(in& 7td' )t offers complete Karvy=s spectrum of financial products' Karvy fortune &ives the opportunity to associate %ith Karvy Family as Franchisee. Remisser or as an )ndependent Financial Advisors please enroll your details' Remi88er of 2ar3y 8toc4 Bro4ing 5td Karvy is an esta*lished stoc( *ro(in& firm %ith a stron& customer *ase all over )ndia. Karvy %ould li(e to reach out to more investors across the country. *uildin& a &ood distri*ution channel throu&h Business #artnerPAssociates 6ho is Business #artnerPAssociateD Karvy is loo(in& for li(e1minded people %ho %ish to serve the customers %ith utmost relia*ility and fervor' As a Business Associate of Karvy. you %ill actively promote and mar(et our services and products and (eep our customers updated of the forthcomin& ne% products and schemes' Karvy offers you to +oin our family as FranchiseePBusiness partners. Remisser or as an )ndependent Financial Advisor' Karvy is associated %ith &amut of financial services and products' As %e offer one stop investment solution. customers %ill have the option of decidin& the ri&ht investment products of their choice' 54 2AR'( -RA"C?)S,, P5A"S : B+S)",SS ASSOC)A*,S Re3enue Sharing Structure: ,ligibility Criteria to enter into a Relation8hip a8 a Bu8ine88 A88ociate: 1' An individualP companyP partnership firm %ith &ood trac( record & reputation in financial servicesPother *usinessPsocial circles %ith a &ood client *ase' .' -u*1*ro(er re&istration in -B)P8chan&es throu&h K-B7 is compulsory %ith out %hich the remittance of accrued *ro(era&e to franchisee %ill *e (ept on hold till re&istration is complete $' !apacity to invest in settin& up & maintainin& the infrastructure & manpo%er re>uired for carryin& on the *usiness as specified *elo% at their o%n e8pense' a "%n or leased premises %ith re>uisite po%er supply and support facilities includin& 7A5 duly approved *y K-B7 in %ritin&M b )nterior %or(. furniture and 5ame Board conformin& to the desi&n. colours and standards approved *y K-B7 c' !onnectivity and communication facilities includin& leased line. )-D5 line. telephone line etc duly approved *y K-B7' d )n case the connectivity is throu&h B-AT. the full cost of the B-AT includin& settin& up costs' e 7e&ally licensed operatin& system. data*ase and other soft%are includin& *ac( office soft%are re>uired for the operations at franchisee=s premisesM f Any other e>uipment or installations necessary for carryin& on the *usiness %ithout interruption' 9 The su*1*ro(erP employees of corporatePfirm should hold valid 5!FM certificates for !ash. F&" and ensure that 5!FM certificate holder in person has to sit on tradin& terminals in %hose name the terminal )D has *een &enerated' -i&nature of Mar(etin& Mana&er -i&nature of Business Associate 55 -ranchi8ee Pac4age Offered by 2AR'( ?' Product SupportJ Bro(in& throu&h B- 9!ash & F&"<. 5- 9!ash & F&"< .D# services throu&h 5-D7. !D-7' /' Sale8 SupportJ A Relationship Mana&er %ill *e assi&ned to you for re&ular Research advice & Mar(et ;pdates throu&h !hatP#honePmailsP#ersonal meetin&s' H' Bu8ine88 De3elopment: #roduct research. mar(etin& & *usiness development support on a re&ular *asis to encoura&e (no%led&e *ased sellin&' @' Bac4 Office Support: !entrali,ed 6e* *ased *ac( office support throu&h a dedicated !ustomer -ervice 8ecutive assi&ned to you for routine >ueries throu&h !hat1#hone1 mails' All stationary items *ills. letter heads %ill *e provided *y K-B7 and di&ital contract notes %ill *e delivered to the franchisee=s id as per char&es applica*le' G' Setup Support: )nitial $lo% si&n fle8 material & )nitial Bisitin& !ards %ill *e provided *y K-B7 as per char&es applica*le' Commercial *erm8 G Condition8:- 1 Refundable Depo8it8 for each outlet: *otal )"R $6 //6///K- a' )5R H. 22.222P1 %ith K-B7 9>uities<
. Charge8 Detail8: 1 #er "utlet !onnectivity !har&es T%o options for !onnectivityJ1 a ' SA*: - 'SA* One time Co8t: - R8 11////K- %)ncluding Site 3i8it and )n8tallation& #onthly Recurring Charge8 for Bac4 office and Bandwidth: - R8 <://K- P# OR b Broadband: - On broadband the Connecti3ity and Bac4 office Charge8 will be R8 :/// per month for each outlet $ Re3enue Sharing: BRO2,RA!, S?AR)"! RA*)O %,=+)*(& 2SB5: 9/N 56 B+S)",SS PAR*",R: ;/N 9 #inimum Bro4erage to be charged to end client8: Segment *ype Bro4erage Rate Applicable !ash -e&ment 9B- & 5-< Tradin& 2'2@A "n Turnover Derivative -e&ment 9 F&" & !ommodities< Tradin& 2'2@A "n Turnover !ash -e&ment 9B- & 5-< Delivery 2'@2A Other *erm8 G Condition8: ?' *aEe8: -ecurities Transaction Ta8 and other e8chan&e char&es & ta8es as applica*le %ill *e levied' . Payment *erm8: a' #ayment delayed *y H days %ill *e char&ed W ?FA for *oth cash & F&" se&ment' Ho%ever any further delay. the amount %ill *e de*ited to -;BBR"KR' *' The Bro(era&e accrued %ill *e returned to the -;BBR"KR on a monthly *asis su*+ect to receipt of audit report' c' The franchisee has to ensure that for payments. the su*1*ro(er code is stamped prominently in the *o8 indicatin& -u*1*ro(er P -u*1a&ent !odes on all application forms 9for MFP)#"< that are used *y them' H' ,Eclu8i3ity: As a Business Associate of K-B7 you are re>uired to sell all the products promoted *y the company %hich includes )#". MF. #M-. etc' e8clusively for K-B7 ' @' Change in 8ub bro4erage: The a*ove rates of su*1*ro(era&e paya*le to the su* *ro(er are su*+ect to modification from time to time to *e mutually a&reed *et%een K-B7 and the franchisee' G' Certification8: -u* *ro(er and hisPher employees have to clear 5!FM e8amination 9!ash. AMF) & Derivatives< -i&nature of Mar(etin& Mana&er -i&nature of Business Associate 57 R,#)SS,RS ,ligibility Criteria to enter into a Relation8hip a8 a Bu8ine88 A88ociate %Remi88er&: 1' An individualP companyP partnership firm %ith &ood trac( record & reputation in financial servicesPother *usinessPsocial circles %ith a &ood client *ase' . -u*1*ro(er re&istration in -B)P8chan&es throu&h K-B7 is compulsory %ith out %hich the remittance of accrued *ro(era&e to remisser %ill *e (ept on hold till re&istration is complete' $ The su*1*ro(erP employees of corporatePfirm should hold valid 5!FM certificates for !ash. F&" and !ommodity se&ments and ensure that 5!FM certificate holder in person has to sit on tradin& terminals in %hose name the terminal )D has *een &enerated' Bu8ine88 Partner Pac4age Offered by 2AR'( ?' Product SupportJ Bro(in& throu&h B- 9!ash & F&"<. 5- 9!ash & F&"<. D# services throu&h 5-D7. !D-7' /' Sale8 SupportJ A Relationship Mana&er %ill *e assi&ned to you for re&ular Research advice & Mar(et ;pdates throu&h !hatP#honePmailsP#ersonal meetin&s' H' Bu8ine88 De3elopment: #roduct research. mar(etin& & *usiness development support on a re&ular *asis to encoura&e (no%led&e *ased sellin&' @' Bac4 Office Support: !entrali,ed 6e* *ased *ac( office support throu&h a dedicated !ustomer -ervice 8ecutive assi&ned to you for routine >ueries throu&h !hat1#hone1 mails' All stationary items *ills. letter heads %ill *e provided *y K-B7 and di&ital contract notes %ill *e delivered to the remisser id as per char&es applica*le' G' Setup Support: )nitial $lo% si&n fle8 material & )nitial Bisitin& !ards %ill *e provided *y K-B7 as per char&es applica*le' Commercial *erm8 G Condition8:- 58 1 Refundable Depo8it8 : *otal )"R :/6///K- a' )5R G2.222P1 %ith K-B7 9>uities< . Re3enue Sharing: BRO2,RA!, S?AR)"! RA*)O %,=+)*(& K-B7J 42A B;-)5-- #ART5RJ @2A $ #inimum Bro4erage to be charged to end client8: Segment *ype Bro4erage Rate Applicable !ash -e&ment 9B- & 5-< Tradin& 2'2@A "n Turnover Derivative -e&ment 9 F&" & !ommodities< Tradin& 2'2@A "n Turnover !ash -e&ment 9B- & 5-< Delivery 2'@2A Other *erm8 G Condition8: ?' *aEe8: -ecurities Transaction Ta8 and other e8chan&e char&es & ta8es as applica*le %ill *e leived' . Payment *erm8: a' #ayment delayed *y H days %ill *e char&ed W ?FA for *oth cash & F&" se&ment' Ho%ever any further delay. the amount %ill *e de*ited to -;BBR"KR *' The Bro(era&e accrued %ill *e returned to the -;BBR"KR on a monthly *asis su*+ect to receipt of audit report' c' There %ill *e no sharin& of *ro(era&e in proprietorPpartnerPdirectors tradin& account %ith Karvy' H' ,Eclu8i3ity: As a Business Associate of K-B7 you are re>uired to sell all the products promoted *y the company %hich includes )#". MF. #M-. etc' e8clusively for K-B7' @' Change in 8ub bro4erage: The a*ove rates of su*1*ro(era&e paya*le to the su* *ro(er re su*+ect to modification from time to time to *e mutually a&reed *et%een K-B7 and the Remissers' G' Certification8: -u* *ro(er and hisPher employees have to clear 5!FM e8amination !ash & Derivatives
59 *)" O -C ,ligibility Criteria to enter into a Relation8hip a8 *)" -acilitation Centre with 2ar3y Data #anagement Ser3ice8 5imited ?' An individualP companyP partnership firm %ith &ood trac( record & reputation in financial servicesPother *usinessPsocial circles' /' !apacity to invest in settin& up & maintainin& the infrastructure & manpo%er re>uired for carryin& on the *usiness as specified *elo% at their o%n e8pense' a "%n or leased premises %ith re>uisite po%er supply and support facilities includin& 7A5 duly approved *y KDM-7 in %ritin&' b )nterior %or(. furniture and 5ame Board conformin& to the desi&n. colours and standards approved *y KDM-7 c !onnectivity and communication facilities includin& leased line. )-D5 line. telephone line etc duly approved *y KDM-7 d 7e&ally licensed operatin& system. data*ase and other soft%are re>uired for the operations at second party=s premises' f Any other e>uipment or installations necessary for carryin& on the *usiness %ithout interruption' Support gi3en by 2ar3y -ortune to 8etup *)" -acilitation Centre 1' Product Support .' Bac4 Office Support $' Setup Support: )nitial $lo% si&n fle8 material & )nitial Bisitin& !ards %ill *e provided *y KDM-7 as per char&es applica*le' . Charge8 Detail8:- A< "ne time re&istration cost )5R /.222P1 9)ndian Rupees T%o thousand only< B< Monthly Recurrin& !har&es for Bac( office and Band%idthJ 1 Rs' G22P1 #'M' !< For additional ;ser )D 9"ptional< Rs'G22P1 per )d Pper month 60 R,S,ARC? #,*?ODO5O!( A"D 5)#)*A*)O" *itle of Study:- Franchisee & Remiseship Development in Karvy Duration of Project:- /412G1/223 to 2@1201/223 Objecti3e of the re8earch project To e8plore the franchisee of Karvy in Delhi re&ion To comparatively learn the franchisee plans of Karvy' To find out the stren&ths of the Franchisees plan' To find out %ea(nesses of the Franchisees plan' To entice the other mar(et e8istin& franchisee to select Karvy plan' To ma(e the people move a%are a*out mar(et' To su&&est the possi*le amendment to the plan of Karvy' *ype of Re8earch Plan R,S,ARC? D,S)!" #ro*lem is comple8 and real in nature. lot of efforts have under&one for the research *y meetin& various people and as(in& them a*out their e8perience 'various people have under&one hu&e losses in the stoc( mar(et lot of material has *een collected from the internet' 61 The research methodolo&y consisted follo%in& stepsJ 1 D,-)")"! *?, OBL,C*)',S: The aim of this pro+ect as has already *een mentioned %as to *uildin& ne% *usiness associates and *rin&in& potenital customers and &ivin& &uidance to the customers %ho are already *ein& %or(in& in the mar(et and moreover chec(in& out the pro*lem 9if any< *ein& faced *y *usiness associates. For this our research contains t%o parts1 a' To sale the products %e have to first &enerate data*ase on the *asis of mar(etin& research' *' Analysis of different schemes of share mar(et' . D,',5OP)"! *?, R,S,ARC? P5A": This step called for decision on the data sources. samplin& plan and contact methods' DA*A SO+RC,S Data %as collected from primary and secondary data' The various sources areJ i PR)#AR( DA*A This type of data does not e8istM it is ori&inated *y primary sources li(e personal interaction or field *ac( forms. >uestionnaires that act as tools for collectin& data' ii S,CO"DAR( DA*A This type of data already e8ists. and used to &enerate information as re>uired' 6e collect the secondary data throu&h )nternet. *oo(s. +ournals and ma&a,ines of the company. various company *roachers. tal(in& %ith people' R,S,ARC? APPROAC? 62 The research approach adopted here %as the survey method' But other approaches also used such as o*servation research' $ CO55,C*)"! *?, )"-OR#A*)O" 6ith respect to primary and secondary data. the information is collected' #rimary data tells us present scenario of financial mar(et' -econdary data means that to &et the data from the internet. company ma&a,ines. tal(in& %ith people and convince' DA*A CO55,C*)O": Base on the a*ove >uestionnaire data are collected *y survey methods' 1 SA#P5)"! #,*?OD: The samplin& method. %hich is adopted. is Random -amplin&' . DA*A A"A5(S)S: The Analysis of survey has *een done on A *asis' DA*A CO55,C*)O" PR)#AR( DA*A The primary data to *e selected %as *ased upon the response of the respondents to the >uestionnaire desi&ned' The >uestionnaire desi&ned %as &iven to us from our immediate *oss''' The >uestionnaire consists of closed ended >uestions' 63 A part of Xuestionnaire %as tar&eted to (no% the personal details of the respondents' Another part comprised of the self1desi&ned >uestionnaire and %ill consist of closed ended >uestions %ith every >uestion havin& its o%n importance and meanin&' S,CO"DAR( DA*A The secondary data %as collected *y referrin& throu&h %e* sites. and the final data %as analy,ed systematically to achieve the desired result' DA*A A"A5(S)S For analy,in& the data o*tained after conductin& the survey. percenta&e method %as used' All the vie%s and data o*tained %ere also interpreted as clearly as possi*le' S*+D( The present investi&ation is a descriptive and mar(etin& type of study underta(en to estimate the comparative study of share mar(et analysis' The present study identifies vie%s of customers & analysis of share mar(et alon& %ith the self1analysis' SA#P5, S)P, For the purpose of analysis a sample si,e of respondents %as selected' The tar&et &roup of the respondent %as +o* holders and an earnin& person %hatever hisPher a&e may *e' The sample si,e ta(en %as 42' SA#P5)"! #,*?OD The samplin& method chosen for the pro+ect %as Random -amplin&' This type of samplin& is also (no%n as chance samplin& or pro*a*ility samplin& %here each and every item in the population has an e>ual chance of inclusion in the sample and each one of the possi*le samples' This procedure &ives each item an e>ual pro*a*ility of *ein& selected' 64 CO#PARA*)', A"A5(S)S A"D )"*,RPR,*A*)O"S A"A5(S)S O- #A5,S A"D -,#A5,S S+R',(,D: BR),- A"A5(S)S The dia&ram helped us in +ud&in& the num*er and percenta&e of males and females after conductin& the surveyM it %as found that out of customers %ere males and %as females' Thus. %e came to (no% that 0HA of the users %ere males and the remainin& /0A %ere females' 0 10 20 30 40 50 60 70 80 1st Qtr Male Female 65 5)#)*A*)O" O- S*+D( ?' lot of efforts have *een under&one to improve the predication techni>ues 'li(e earlier there %as only fundamental analysis *ein& used *ut no% technical analysis has come into e8istence /' "nce the people %ho are involved in it' They play it li(e &am*lin& and they thin( that its same it is difficult to chan&e their mindset' H' )t=s difficult to ma(e people a%are a*out the mar(et (no%led&e it is very vast' @' 7ast of technical thin& are involved in it difficult for everyone to &o throu&h it' 66 CO"C5+S)O" : -)"D)"!S : "ur findin&s durin& the trainin& %ith Karvy -toc( Bro(in& 7imited. Delhi !ompany=s #lan %as &ood on the follo%in& &roundJ U Karvy is a top1ran(ed company listed %ith 5-D7 and !D-7. provide tradin& throu&h *oth 5- & B-' U Karvy is providin& soft%are to their prospective su* *ro(er and Remissers' U !he>ue updatin& in ?G mins' And the credit limit up to ?2 times' U $ood alternative plan 9Remissers< to &et a ne% connection %ith a reno%ned company' U Bunch of services li(eJ 1 ?< #roduct support /< Bac( "ffice support H< -et ;p support @< -ales support G< Business Development 67 Recommendation and S+!!,S*)O"SJ Thou&h the Karvy -toc( Bro(in& 7imited have a very &ood ascri*ed plan %ith e8clusive *and of opportunities *ut as nothin& is free from the hurdles therefore there are fe% shortcomin&s %hich ) felt ma(es Karvy fail to achieve its tar&et of activatin& ne% Franchisee in the :aipur re&ion these pitfalls are as follo%s J1 ?< The Bro(era&e char&es. @ paisa and @2 paisa for intraday and delivery respectively. are >uiet hi&h' /< The initial investment for the su* *ro(er ship 9@ la(hs< is also hi&h' H< The percenta&e of sharin& of *ro(era&e %hich are -u* *ro(er shipJ 42J@29su*J (ar< Remissers J @2J429remJ (ar< -hould *e ne&otia*le up to some e8tent' "ur su&&estion 9G2JG2< for Remissers and 902JH2< for su* *ro(ers hip' @< The tentative norm re&ardin& the location of the offices i'e' no other Franchisee %ill *e their under the H (m area of already e8istin& Franchisee' G<The *ound for the prospective client re&ardin& T)5 F! that is those %ho are interested in ta(in& T)5 F! they must also ta(e the e>uity as %ell'
68 =+,S*)O"A)R,
Sub Bro4er #ain Bro4er Addre88 Contact "o ,-mail ?< -ince ho% lon& have you *een in stoc( industryD "ffice -paceYY /< Tradin& facility to end1clientsJ on1line P "ff1line P Both H< Do you re>uire *rand name to develop your *usinessD Hi&hly a&reed PA&reed P5ot re>uired @< 6hat are the products you can offer to clients' >uity P !ommodity P MF P 7ife & 5on17ife )nsurance of all companies G< 6hat -upport you re>uire from your *ro(er to promote the *usiness & %hat are the (ey stren&ths of your *ro(erD a< RRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR RRRRRRRRR *< RRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR RRRRRRRRR 4< 6hat are the pro*lems you are facin& %ith present *ro(erD a< RRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR RRRRRRRRR *< RRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR RRRRRRRRR 69 0< Do you re>uire a re&ular & consistent source of ne% client ac>uisition & ne% data*ase. %hich is the (ey of success of *ro(in& *usinessD F< Do you thin( )#" & #A5 card processin& can *e a potential product for your earnin& & ac>uirin& ne% data*aseD 3< Do you re>uire alternative & consistent earnin& source throu&h the channel of T)51F! of )ncome ta8 Dept' of $ovt' of )ndiaD ?2< Do you %ant more details a*out T)5 Facilitation !enterD #A5. TA5 & 1 TD- #rocessin&< C-P5" Than( Cou 70 B)B5)O!RAP?(:- >eb8ite8: %%%'(arvy'com %%%'indiacorporateadvisor'com %%%'de%*1vc'com %%%'amfiindia'com %%%'themana&ementor'com %%%'nsdl'co'in %%%'%i(ipedia'com %%%'share(han'com %%%'reli&are'com %%%'india*ulls'com )ndiainfoline'com Boo48 G new8paper:- conomic times Financial mana&ement 9(han and +ain< !apital mar(et 71