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East India Securities is into the business of Broking (Equity and Equity Derivatives) and are one of the largest clearing member for Equity Derivative in NSE/MCX. The company is a member of Capital market Segment of NSE; Equity Derivative segment of NSE; Capital market segment of BSE; currency derivative market segment of NSE. It has 81 active CM pool accounts and over 1097active corporate clients.
Date of establishment: East India Securities Limited was established in 1999.
Product & Service Offering:. Company provides services as a Depository Participant (NSDL/CDSL); Distributor of Mutual Funds, Primary Issuer of Equity and Fixed Income Securities; and plays an Advisory role in Corporate Financing and Risk Management. They also provide services as mutual fund advisor.
Promoters of East India Securities ltd.: Mr. Vivek Agarwal and Mr. Lakshmendra Kumar Agarwal are the promoters of East India Securities ltd
Customer segment: East Securities clients includes Public/Private Banks, Insurance companies, Domestic Mutual Funds, alternate Investment Funds (AIFs) and Foreign Portfolio Investment (FPIs)
Objects of the Issue: The objects of the Offer is to:-
- To Enhance the visibility and brand and provide liquidity to its existing shareholders
- General corporate purpose
Company Financials:
East India Securities' financial performance (in INR crore) |
||||||
FY2013 |
FY2014 |
FY2015 |
FY2016 |
FY2017 |
9M FY2018 |
|
Total Assets |
253.21 |
263.73 |
276.79 |
276.76 |
283.79 |
302.42 |
Total revenue |
36.0 |
37.1 |
40.1 |
33.5 |
44.5 |
41.1 |
Total expenses |
19.1 |
16.1 |
19.2 |
11.8 |
10.4 |
6.7 |
Profit after tax |
12.0 |
15.9 |
15.0 |
15.9 |
27.7 |
28.3 |