Karvy Company Profile

Company Profile

The Karvy group was formed in 1983 at Hyderabad, India. Karvy ranks

among the top player in almost all the fields it operates. Karvy

Computershare Limited is India’s largest Registrar and Transfer Agent with

a client base of nearly 500 blue chip corporates, managing over 2 crore

accounts. Karvy Stock Brokers Limited, member of National Stock

Exchange of India and the Bombay Stock Exchange, ranks among the top 5

stock brokers in India. With over 6,00,000 active accounts, it ranks among

the top 5 Depositary Participant in India, registered with NSDL and CDSL.

Karvy Comtrade, Member of NCDEX and MCX ranks among the top 3

commodity brokers in the country. Karvy Insurance Brokers is registered as

a Broker with IRDA and ranks among the top 5 insurance agent in the

country. Registered with AMFI as a corporate Agent, Karvy is also among

the top Mutual Fund mobilizer with over Rs. 5,000 crores under

management. Karvy Realty Services, which started in 2006, has quickly

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established itself as a broker who adds value, in the realty sector. Karvy

Global offers niche off shoring services to clients in the US.

Karvy has 575 offices over 375 locations across India and overseas at Dubai

and New York. Over 9,000 highly qualified people staff Karvy.

Organization:

Karvy was started by a group of five chartered accountants in 1979. The

partners decided to offer, other than the audit services, value added services

like corporate advisory services to their clients. The first firm in the group,

Karvy Consultants Limited was incorporated on 23rd July, 1983. In a very

short period, it became the largest Registrar and Transfer Agent in India.

This business was spun off to form a separate joint venture with

Computershare of Australia, in 2005. Karvy’s foray into stock broking

began with marketing IPOs, in 1993. Within a few years, Karvy began

topping the IPO procurement league tables and it has consistently

maintained its position among the top 5. Karvy was among the first few

members of National Stock Exchange, in 1994 and became a member of The

Stock Exchange, Mumbai in 2001. Dematerialization of shares gathered

pace in mid-90s and Karvy was in the forefront educating investors on the

advantages of dematerializing their shares. Today Karvy is among the top 5

Depositary Participant in India.

While the registry business is a 50:50 Joint Venture with Computershare of

Australia, we have equity participation by ICICI Ventures Limited and

INDIAN INSTITUTE OF SOCIAL WELFARE AND BUSINESS MANAGEMENT

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Barings Asia Limited, in Karvy Stock Broking Limited. For a snapshot of

our organization structure, please click here.

Karvy has always believed in adding value to services it offers to clients. A

top-notch research team based in Mumbai and Hyderabad supports its

employees to advise clients on their investment needs. With the information

overload today, Karvy’s team of analysts help investors make the right calls,

be it equities, mf, insurance. On a typical working day Karvy:

Has more than 25,000 investors visiting our 575 offices

Publishes / broadcasts at least 50 buy / sell calls

Attends to 10,000+ telephone calls

Mails 25,000 envelopes, containing Annual Reports, dividend cheques

/ advises, allotment / refund advises

Executes 150,000+ trades on NSE / BSE

Executes 50,000 debit / credit in the depositary accounts

Advises 3,000+ clients on the investments in mutual funds

RETAIL SERVICES

1. Equities and Derivatives

“It pays well to be informed and stay connected” – a philosophy that

drives the research team at KARVY to produce and deliver in-depth

and incisive market research to you. All of KARVY’s businesses are

backed by a dedicated research unit which strives to keep investors

abreast with news, information, events and conditions of markets.


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Penetrative and investigative research techniques unearth a wealth of

information that empowers investors in their investment decisions.

The KARVY research team creates the following reports and

publications for consumption by investors in the Indian equity

markets.

2. Commodities

Commodities market, contrary to the beliefs of many people, has been

in existence in India through the ages. However the recent attempt by

the Government to permit Multi-commodity National levels

exchanges has indeed given it, a shot in the arm. As a result two

exchanges Multi Commodity Exchange (MCX) and National

Commodity and derivatives Exchange (NCDEX) have come into

being. These exchanges, by virtue of their high profile promoters and

stakeholders, bundle in themselves, online trading facilities, robust

surveillance measures and a hassle-free settlement system. The futures

contracts available on a wide spectrum of commodities like Gold,

Silver, Cotton, Steel, Soya oil, Soya beans, Wheat, Sugar, Chana etc.,

provide excellent opportunities for hedging the risks of the farmers,

importers, exporters, traders and large scale consumers. They also

make open an avenue for quality investments in precious metals. The

commodities market, as it is not affected by the movements of the

stock market or debt market provides tremendous opportunities for

better diversification of risk. Realizing this fact, even mutual funds are

contemplating of entering into this market.

Karvy Comtrade Limited is another venture of the prestigious Karvy

group. With our well established presence in the multifarious facets of


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the modern Financial services industry from stock broking to registry

services, it is indeed a pleasure for us to make foray into the

commodities derivatives market which opens yet another door for us

to deliver our service to our beloved customers and the investor public

at large.

With the high quality infrastructure already in place and a committed

Government providing continuous impetus, it is the responsibility of

us, the intermediaries to deliver these benefits at the door-steps of our

esteemed customers. With our expertise in financial services,

existence across the lengths and breadths of the country and an

enviable technological edge, we are all set to bring to you, the

pleasure of investing in this burgeoning market, which can touch upon

the lives of a vast majority of the population from the farmer to the

corporate alike. We are confident that the commodity futures can be a

good value addition to your portfolio.

The company provides investment, advisory and brokerage services in

Indian Commodities Markets. And most importantly, we offer a wide

reach through our branch network of over 225 branches located across

180 cities.

3. Mutual Funds Services

Investment is the stepping stone to achieving one's financial dreams.

Mutual funds offer an opportune way to long-term wealth creation.

However, with more and more funds flooding the market, the task of

selecting the most suitable scheme gets even more complicated.

Mutual Fund Advisory Service at Karvy guides you through this maze


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and ensures that your investments are backed by our quality research.

We, at Karvy help you to reach your goals by offering:

Products of 33 AMCs

Research reports (existing funds & NFOs; strategy reports etc.)

Customized mutual fund portfolios

Portfolio revision (depending on changing market outlook and

evolving trends)

Access to online consolidated portfolio statement

4. Depository Services

KARVY Stock Broking Limited provides depository services to

investors as a Depository Participant with the National Securities

Depository Limited (NSDL) and Central Depository Services (India)

Limited (CDSL). The Depository system in India links Issuers,

National level Depositories, Depository Participants and Clearing

Houses / Clearing Corporation of Stock Exchanges. Our demat

services are accessible through any of our network of over 575

branches / investor service centers located in over 375 cities and

towns across the country.

Our demat services business has the distinction of having all its

operations ISO 9001: 2000 certified with state-of-the-art technology

and operations capabilities. Our demat services has innovated over

time and we provide online access to account statements and

transaction alerts through SMS to its clients.

Karvy’s Demat services offer you a secure, convenient and paperless

way to keep track of your investments in shares and other security


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instruments over time, without the hassle of handling paper based

transcripts.

We provide the following services Dematerialization of Shares Rematerialization of Shares Transfer of Shares Pledging of Shares Electronic Custodial Services Maintenance of Beneficial Holdings Electronic Credit Against Corporate Actions

5. Insurance Broking Services

At Karvy Insurance Broking (P) Ltd. we provide both life and non-life

insurance products to retail individuals, high net-worth clients and

corporates. With the opening up of the insurance sector and with a

large number of private players in the business, we are in a position to

provide tailor made policies for different segments of customers. In

our journey to emerge as a personal finance advisor, we will be better

positioned to leverage our relationships with the product providers

and place the requirements of our customers appropriately with the

product providers. With Indian markets seeing a sea change, both in

terms of investment pattern and attitude of investors, insurance is no

more seen as only a tax saving product but also as an investment

product. By setting up a separate entity, we would be positioned to

provide the best of the products available in this business to our

customers.

Our wide national network, spanning the length and breadth of India,

further supports these advantages. Further, personalized service is

provided here by a dedicated team committed in giving hassle-free

service to the clients.


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6. Bonds and Deposits

Fixed Income Securities & Trading (K-FIST) was started in

December 2002 with a roll out from 7 dedicated centers of Karvy. The

Retail Debt Market division which is centralized at the HO in

Hyderabad provides fixed income products to its clients and is

primarily a fund based activity. The deal sizes vary from Rs.10,000 to

Rs.5 crores.

Products - Central Government securities, State Development Loans,

State Guaranteed bonds, Public Sector Undertaking Bonds, Financial

Institution Bonds, and Bank bonds of SLR/Non-SLR category, both

taxable and tax-free.

Target clients - Provident Fund Trusts, Educational & Religious

trusts, charitable trusts, and Co-operative banks, Regional Rural

Banks, Corporates, and High Net worth Individuals

Standard Operating Procedures - Based on the specific needs of the

prospects Quotes of all category of bonds are sent. The selection of

instrument is done and post negotiation (if any) the settlement date is

finalized. Contract notes are exchanged and written confirmations are

obtained before initiating the trade settlement. On the agreed

settlement date, the funds and securities are exchanged between the

parties. Primarily all the trades are in the electronic mode only.

The Wholesale Debt Market division is centralized at Mumbai and is

a voice based order matching activity which is fee based. The deal

size is a minimum of Rs.5 cr. And the reporting is done on the NSE.

Products - Central Government securities, State Development Loans,

State Guaranteed bonds, Public Sector Undertaking Bonds, Financial


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Institution Bonds, and Bank bonds of SLR/Non-SLR category, both

taxable and tax-free.

Target clients - Co-operative banks, commercial banks, Corporates,

Financial Institutions, Insurance companies and Asset Management

Companies.

Standard Operating Procedures - The dealers generate 2-way quotes

during the trading hours and match the institutional buyers and sellers.

The deal contract notes are generated and exchanged between the 2

parties. The fees are collected by raising debit notes on a monthly

basis.

7. Realty Services

Karvy Realty India Limited is promoted by the KARVY Group, a

premier and leading integrated financial services company. KARVY

services over 60 million individuals in various capacities, and

provides services to over 400 corporates. KARVY has a network of

400+ branches and 500+ franchisees which enables the Group to have

an unmatched reach to ‘stay in touch’ with the customers as well as to

act as a delivery mechanism for its various products.

We at Karvy Realty endeavor to be an integrated real estate

investment advisory and management company that aims to service

the mass demand for housing needs in India and to facilitate the

Realty sector’s need for structured finance, delivered by a top-notch

team of experienced professionals.

8. Portfolio Management Services


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In today's intricate and volatile market your investment requires

constant monitoring and attention. The demand made on your time

and energy by other business may not leave you with capacity to

attend to your personal portfolio with the degree of care you deem

appropriate. We at KARVY understand your situation and offer PMS

services taking the same level of care and attention you would devote

to monitoring your portfolio.

GreenWallet is an endeavour specially designed by Karvy to enhance

the wealth of a niche segment of investors. This service primarily

meant for HNIs (High Networth Individuals) offers customers a wide

range of schemes. These unique schemes seek to achieve higher

returns through broad based participation in equity markets. This is

achieved by creating a diversified equity portfolio of small, medium

and large capitalized companies.

9. Currency Derivatives

Karvy Forex & Currency Private Limited (KFCL) is another business

enterprise of the prestigious Karvy group. Having laid a strong

foundation in Indian financial services, it is indeed a pleasure for the

Karvy group to venture into the currency derivatives segment. This

enables us to provide extended services to our esteemed customers,

thereby making the group a single window for all financial services.

KFCL offers advisory and brokerage services for the Indian currency

derivative markets. We provide online trading platforms to our clients

that enable them to trade whenever they choose while receiving

instant professional support. With our powerful expertise in financial

services that exists across India, along with an enviable technological


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edge, we are all set to bring to you the opportunity of investing in the

rapidly growing currency market. The currency derivatives market

will be an added advantage to your portfolio as it will help you to

manage your price risks and add to your investment avenues.

Today, we have an extensive network throughout the country, with

225 branches spread across 180 cities.

WEALTH MANAGEMENT

1. Private Wealth

Karvy Private Wealth is formed from the merger of the erstwhile

Karvy Private Clients Group and Financial Planning Group, Karvy

Private Wealth is the Wealth Management arm of the 25-year-old

KARVY Group and focuses on providing wealth management

advisory services to high networth individuals. Karvy Private Wealth

has also acquired wealth management boutique, PARK Financial

Advisors, which has brought in some quality senior management as

well as given a kick-start to the business.

Karvy Private Wealth is powered by a talented leadership team. Based

out of Mumbai, the company has branches in Bangalore, Chennai,

Delhi, Goa, Hyderabad, Kolkata and Pune.

INSTITUTIONAL SERVICES

1. Registrar and Transfer Agency

Karvy began its corporate venture through Karvy Consultants Limited

to act as Registrars and Transfer agents. This business was spun off in

2005 to form a Joint Venture with ComputerShare of Australia. Karvy


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Computershare Private Limited is ranked as India's No. 1 Registrar

and Transfer Agent. We are rated as India's "Most Admired Registrar"

for overall excellence in volume management, quality processes and

technology driven services. Our services include Initial Public Offers

(IPOs) processing, share holder servicing, effecting corporate actions,

investor information services and host of technology enabled services

to facilitate efficient and effective service delivery.

2. Mutual Fund Registry

The mutual fund registry services provides services to asset

management companies in India as serves as the back-office to mutual

fund companies handling transactions between AMCs, investors,

distributors with regard to new fund offers, closed ended mutual

funds, and open-ended mutuals in the Indian market.

Mutual fund registry services provides asset management companies

with investor service centers across the country to enable mutual fund

investors to perform any or all of the following transaction types:

purchases, additional purchases, redemptions, switches etc.

3. Investment Banking and Corporate Finance

Deepening of the Financial Markets and an ever-increasing

sophistication in corporate transactions, has made the role of

Investment Bankers indispensable to organizations seeking

professional expertise and counseling, in raising financial resources

through capital market apart from Capital and Corporate


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Restructuring, Mergers & Acquisitions, Project Advisory and the

entire gamut of Financial Market activities.

Karvy Investor Services Limited (‘KISL’), a SEBI registered

Merchant Banker has emerged as a leading Investment Banking

entity in the country with over a decade of experience. KISL has built

its reputation by capitalizing on its qualified professionals, who have

successfully executed a large number of complex and unique

transactions. Our quality professional team and our work-oriented

dedication have propelled us to offer value-added corporate financial

services and act as a professional navigator for long term growth of

our clients, who include leading corporates, State Governments,

Foreign Institutional Investors, public and private sector companies

and banks, in Indian and global markets. We have also emerged as a

trailblazer in the arena of relationships, both at the customer and trade

levels because of our unshakable integrity, seamless service and

innovative solutions that are tuned to meet varied needs. Our team of

committed industry specialists, having extensive experience in capital

markets, further nurtures this relationship.

4. Institutional Broking

The institutional broking arm of KARVY Stock Broking offers

corporate houses and institutions dealing capabilities on India leading

stock exchanges (NSE and BSE) in the cash and derivatives segments.

This unit has devised a process driven approach to address the needs

of institutional investors who have unique and specialized investment

needs.

The institutional broking services desk is a specialized business unit at


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KARVY that operates out of Mumbai, the financial capital of India

and is staffed with best-of-industry equity market professionals and

highly skilled dealers. KARVY also supports institutional traders

through their institutional sales and research teams with information

and insightful reports on stocks, sectors and industry verticals.

KARVY’s institutional broking clientele include some major

domestic Mutual Funds, Insurance Companies, Banks and FII’s in

India.

5. Debt Market Services

Karvy’s Retail Debt Market Division provides fixed income products

to its clients. This fund based activity is centralized at Hyderabad and

began in December 2002 operating out of seven dedicated centers of

Karvy.

Our services deals with several products such as Central Government

securities, State Development Loans, State Guaranteed bonds, Public

Sector Undertaking Bonds, Financial Institution Bonds, and Bank

bonds of SLR/Non-SLR category with deal sizes varying from

Rs.10,000 to Rs.5 crores.

Our services are tailored to meet the requirements of Provident Fund

Trusts, Educational & Religious trusts, charitable trusts, and Co-

operative banks, Regional Rural Banks, Corporates, and High Net

worth Individuals.

KARVY also operates a Wholesale Debt Market Division which is

centralized at Mumbai and is a voice based order matching activity

which is fee based. This unit deals with products such as Central

Government securities, State Development Loans, State Guaranteed


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bonds, Public Sector Undertaking Bonds, Financial Institution Bonds,

and Bank bonds of SLR/Non-SLR category with deal sizes of Rs. 5

crores and above.

Our wholesale debt market services are targeted towards Co-operative

banks, commercial banks, Corporates, Financial Institutions,

Insurance companies and Asset Management Companies.

6. BPO and KPO Services

Karvy Global Services is a knowledge services company. We provide

specialist resources to extend in house analyst teams in driving clear

business results. We serve investment banks, insurance providers,

brokerages, hedge funds, research agencies, and life settlement

providers across the United States, Middle East, and Europe. Our

clients have found our cost advantage, ability to scale efforts, and

specialist knowledge regarding emerging markets to be a strong

advantage in the new, fast, and unpredictable world.

Our areas of focus include equity and industry research, commodity

research, credit analytics, technology-based workflow solutions,

insurance policy and portfolio valuation, and other specialized

services.

Incorporated in 2004, we are backed by over 25 years of experience

through India’s largest financial services company, the Karvy Group.

We are located in New York and have our primary global delivery

center in Hyderabad, India.


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7. Corporate Advisor

In a span of over two decades, Karvy has emerged as one of the

leading financial services company in India driven by professionalism

and an unwavering commitment to innovation. Karvy continues to

surge ahead by identifying, assessing and meeting critical needs of its

corporate clients and professionals.

Karvy has in the course of its various activities, felt an acute need for

a greater degree of corporate compliance, legal awareness, easy access

and reference to corporate laws and records on the part of corporates,

corporate executives and professionals. It is this need that has

prompted Karvy in designing and developing the

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

indiacorporateadvisor.com (ICA) comes from the Knowledge

Resource Division (KRD) of Karvy Consultants Ltd. KRD is backed

by qualified and experienced team of professionals who have

developed and maintain this unique portal catering to knowledge

management services to professionals corporate & business world.

ICA is a repository of almost all corporate statutes and has been

designed to give its users a completely different perception of

corporate laws. It is equipped with specific tools to handle various

regulatory compliances and tasks that every corporate needs to follow.

ICA covers Companies Act, Economic Laws, Taxation Laws, Laws

relating to Capital Market, Banking and Insurance, Labour and

Industrial Laws, Corporate Governance etc. These laws are supported


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by text of legislation, procedure, rules, check lists, model documents,

FAQ’s and other relevant information.

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

corporate executive for all his/her

legal/procedural/implementation/policy issues on any subject on

corporate laws so as to emerge as professionals friend in need and

advisor. Combining the company law information, procedures and

services, the portal aims to make the task of corporate professionals

much easier by assisting them in the performance of their functions

with a greater degree of efficiency.

Easy to access and easier to navigate, this portal aims to put in a position

that increases the efficiency and effectiveness of your functions like never

before.


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Documents

Karvy Company Profile