neeraj final print karvy

7/31/2019 Neeraj Final Print Karvy

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A Project Study Report On

Training Undertaken at

Study of FranchiseeDevelopment in Karvy

Submitted To-: SURYADATTA GROUP OF INSTITUTES

Submitted By:-

Neeraj Simaiya

Roll no -110025

PGDM(FIN+MKT)


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PREFACE

THE CORPORATE PROGRAM of PGDM course is a well structured and integrated

programme. The course of management gives a practical knowledge in our study course.

Industries give us much information about the different product and services we use in

our day to day life.

It is highly said that practice makes a man perfect the summer project training which is

a part of PGDM to get a practical understanding and training of the business

management. Thus the industrial training which is a part of PGDM course helps the

student to get the knowledge about the actual environment of an organization.

Karvy Stock Broking ltd. is one of such company dealing in Share market Derivatives,

Commodities, Mutual fund IPO distribution with almost branches in overall India.

It involved the study of Marketing activities of the organization. I have under taken

industrial training in Karvy Stock Broking ltd. at Pune crossing from 15-May-2012 to 07-

july-2012 as a part of my PGDM course curriculum and I thus, present a project report on

it at the best of my ability knowledge and work done.


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ACKNOWLEDGEMENT

I am really happy and exited in representing this summer training project report

before you.

I must express my gratitude towards Karvy Stock Broking Ltd, Pune

for giving mean opportunity to work with on this report.

And of course I am very much thankful to our honorable Mr.Shaliendra Tiwari

(PROJECT GUIDE) for giving me opportunity and his guidance help me through

out preparing this report. He has also provided me a valuable suggestions and

excellence guidance about this training, which proved very helpful to me to utilize

my theoretical knowledge in practical field.

At last I am also thankful to my friends, to all known and unknown individuals

who have given me their constructive advise, educative suggestion,encouragement, co-operation and motivation to prepare this report.

Neeraj Simaiya


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DECLARATION

I am Neeraj Simaiya, a student of SIMMC Suryadatta Institute of

management & Mass Communication, Pune hereby solemnly declare that

the project titled Study of Franchisee Development in Karvy. is my original

work as all the information, facts and figure procedures in this report is

based on my own experience and study during my summer training.

Further I also declare that I have tried my best to complete this

project with almost sincerity, honesty and accuracy. Even then if any

mistake or error has found in this, I shall most humbly request to the reader

to out those error. Any suggestions regarding this project will be most

welcome.

NEERAJ SIMAIYA


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EXECUTIVE SUMMARY

Indias economy is highly developing. The development is taken place due to the growth

in the financial system. This financial system provides the background to various

investors regarding varied options to invest. Thus, development of the economy depends

on how these investors invest for the well being in long run.

As financial markets become more sophisticated and complex, investors need a financial

intermediary who provides the required knowledge and professional expertise on

successful investing. Mutual Funds represent perhaps the most appropriate investment

opportunity for investors. No wonder the concept of Mutual Fund was initially developed

in the U.S. market, but the entry of the concept in the Indian Financial Market was in the

year 1964 with the formulation of the UTI, at the initiative of the RBI and Govt. of India.

For most people, money is a delicate matter and when it comes to investing they are

wary. Simply because there are many investment options out there, each out promising

the other. An important question facing many investors is whether to invest in Banks,

National Savings, Post office, Non-banking finance companies, Fixed deposits, Shares

etc. or to invest distinctively in Mutual Funds.

I have observed that approximately 40% of the people are unaware of Trading but most

of them are interested to know about trading and ready to attend seminar arranged by

KARVY. They are also interested to work with KARVY if sufficient information is

provided to them about Trading and KARVY.

People from service class prefers safety of income plus the regular income as well as tax

benefits while on the other hand Professional and Businessman focus on high return with

some risk.

For growth and development of the Stock Market Industry, the misconception regarding

Share Market should be removed & the awareness for the same should be made.


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CONTENTS

1. Introduction

Introduction of the Industry

Introduction of the Organization

Company Details Where Karvy Stand In The Market? Mission Statement of Karvy Karvy Group Company

2. Profile of the broking house in the stock market

Karvy Kotak securities Share khan India infoline Reliance money

Religare securities India bulls Anand rathi Angel Broking


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3. Research methodology objective and limitation

Title of the Study

Duration of the Project

Objective of study

Type of Research

Scope of study

Limitation of study

4. Facts and Finding

Problem definition

Research design

Source of data

Research objective

Statement of problem

Objective of the research project

5. Conclusions

6. Recommendation and suggestions

7 .Ques t ionna ire

8 . B i b l i o g r a p h y


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INTRODUCTION COMPANY DETAILS

Background

Karvy Consultants Limited was established in 1982 at Hydrabad. It was established by a

group of Hydrabad-based practicing Chartered Accountants. At initial stage it was very

small in size. It was started with a capital of Rs. 1,50,000.

In starting it was only offering auditing and taxation services. Later, it acts into the

Registrar and Share transfer activities and subsequently into financial services and other

services like Financial Product Distribution, Investment Advisory Services, Demat

Services, Corporate Finance, Insurance etc.

All along, Karvys strong work ethics and professional background leveraged with

Information Technology enabled it to deliver quality to the individual. A decade of

commitment, professional integrity and vision helped Karvy achieving a leadership

position in its field when it handled largest number of corporate and retail that proved to

be a sound business synergy.

Today, Karvy has access to millions of Indian shareholders, besides companies, banks,

financial institutions and regulatory agencies. Over the past one and half decades, Karvy

has evolved as a veritable link between industry, finance and people.

In January 1998, Karvy became first Depository Participant in Andhra Pradesh. An ISO

9002 Company, Karvys commitment to quality and retail reach has made it an Integrated

Financial Services Company.

Today, company has 230 branch offices in 164 cities all over the India. The company

adds 5 new offices every month to the companys ever growing national network in every

nook and corner of the country. The company service over 16 million individual

investors, 180 corporate and handle corporate disbursements that exceed Rs.2500 Crores.


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WHERE KARVY STAND IN THE MARKET?

KARVY is a legendary name in financial services, Karvys credit is defined by its

mission to succeed, passion for professionalism, excellent work ethics and customer

centric values.

Today KARVY is well known as a premier financial services enterprise, offering a broad

spectrum of customized services to its clients, both corporate and retail. Services that

KARVY constantly upgrade and improve are because of companys skill in leveragingtechnology. Being one of the most techno-savvy organizations around helps company to

deliver even more cost effective financial solutions in the shortest possible time.

What bears ample testimony to Karvys success is the faith reposed in company by

valued investors and customers, all across the country. Indeed, with Karvys wide

network touching every corner of the country, even the most remote investor can easily

access Karvys services and benefit from companys expert advice.


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KARVY GROUP

Karvy Consultants Limited

Karvy Securities Limited

Karvy Investor Services Limited

Karvy Stock broking Limited

Karvy Computer Shares Pvt. Ltd.

Mission Statement of Karvy

An organization exists to accomplish something or achieve something. The

mission statement indicates what an organization wants to achieve. Themission statement may be changed periodically to take advantage of new

opportunities or respond to new market conditions.

Karvys mission statement is To Bring Industry, Finance and People

together.

Karvy is work as intermediary between industry and people. Karvy work as

investment advisor and helps people to invest their money same way Karvy

helps industry in achieving finance from people by issuing shares,

debentures, bonds, mutual funds, fixed deposits etc.


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Companys mission statement is clear and thoughtful which guide

geographically dispersed employees to work independently yet collectively

towards achieving the organizations goals.

Vision of Karvy

Companys vision is crystal clear and mind frame very directed. To be pioneering

financial services company. And continue to grow at a healthy pace, year after year,

decade after decade.Companys foray into IT-enabled services and internet business

has provided an opportunity to explore new frontiers and business solutions. To build a

corporate that sets benchmarks for others to follow.


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Behind the Picture: What Customers matter for KARVY?

The underlying picture forming answer for above question is given below.

Market Brand Customer

Power Preference Value

RELATIONSHIPS

OUR COMPETITIVE ADVANTAGE

[ Competitive Advantage of Karvy]

Every year with this picture keeping in mind Karvy accelerate with Recovery, Revival

and Reappearance.

Karvy has started 2004 on a strong note with the realization to signal some of the

challenges it faced previous year. In a competitive market and a branded business, Karvyneed to carefully manage itself to avoid down trading or brand shifts by consumers.

Some competitive advantages are long lasting. These are intangible, difficult to replicate

and thus more sustainable. Karvy has focused on some of these to gain competitive

advantages. There are:


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Winning culture and a desire to excel in everything Karvy do.

Strong meaningful relationships with Customers along with Strategic Partners in

which Karvy operate and above all, its own staff.

Karvy value and carefully nurture relationships with customers. Karvy truly believe that

more than technological prowess and business process innovations, it is the focus on

relationships which has been the corner stone of satisfying and successful presence in

India over many years.

This has been possible with deep insight of consumer behavior as well as market demand

drivers, understanding of the arena where to operate and quality execution all thanks to

a greater team that makes this happen.

Karvys customers consider themselves part of Karvy family and share their experiences

and dreams with other customers and thus Karvy becomes successful not only in relating

customers but also gains new customers from satisfied prevailing customers.

Karvy want to create a strong emotional bond with new customers promoted by

prevailing customers.


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Karvy Values:

Integrity

Responsibility

ReliabilityUnity

Understanding

Excellence

Confidentiality

Karvy has adequate internal control systems and procedures commensurate with the size

nature of its business. These system and procedures provide reasonable assurance of

maintenance of proper accounting records, reliability of financial information, protection

of resources and safeguarding of assets against unauthorized use.


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Karvy Group Companiess

KARVY CONSULTANTS LIMITED

As the flagship company of the Karvy Group, Karvy Consultants Limited has

always remained at the helm of organizational affairs, pioneering business policies,

work ethic and channels of progress.

Having emerged as a leader in the registry business, the first

of the businesses that we ventured into, we have now transferred this business into a

oint venture with Computershare Limited of Australia, the worlds largest registrar.

With the advent of depositories in the Indian capital market and the relationships that

we have created in the registry business, we believe that we were best positioned to

venture into this activity as a Depository Participant. We were one of the early

entrants registered as Depository Participant with NSDL (National Securities

Depository Limited), the first Depository in the country and then with CDSL (Central

Depository Services Limited). Today, we service over 6 lakhs customer accounts in

this business spread across over 250 cities/towns in India and are ranked amongst the

largest Depository Participants in the country. With a growing secondary market

presence, we have transferred this business to Karvy Stock Broking Limited (KSBL),

our associate and a member of NSE, BSE and HSE.


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KARVY STOCK BROKING LIMITED

Member - National Stock Exchange (NSE), The Bombay Stock Exchange

(BSE), and The Hyderabad Stock Exchange (HSE).

Karvy Stock Broking Limited, one of the cornerstones of

the Karvy edifice, flows freely towards attaining diverse goals of the customer

through varied services. Creating a plethora of opportunities for the customer

by opening up investment vistas backed by research-based advisory services.

Here, growth knows no limits and success recognizes no boundaries. Helping

the customer create waves in his portfolio and empowering the investor

completely is the ultimate goal.

It is an undisputed fact that the stock market is unpredictable and

yet enjoys a high success rate as a wealth management and wealth accumulation

option. The difference between unpredictability and a safety anchor in the market is

provided by in-depth knowledge of market functioning and changing trends, planning

with foresight and choosing one s options with care. This is what we provide

in our Stock Broking services.

We offer services that are beyond just a medium for buying and

selling stocks and shares. Instead we provide services which are multi dimensional

and multi-focused in their scope. There are several advantages in utilizing our Stock

Broking services, which are the reasons why it is one of the best in the country.


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KARVY INVESTORSERVICES LIMITED

Recognized as a leading merchant banker in the country, we are registered with

SEBI as a Category I merchant banker. This reputation was built by capitalizing

on opportunities in corporate consolidations, mergers and acquisitions and corporate

restructuring, which have earned us the reputation of a merchant banker. Raising

resources for corporate or Government Undertaking successfully over the past two

decades have given us the confidence to renew our focus in this sector.

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.

Our financial advice and assistance in restructuring,

divestitures, acquisitions, de-mergers, spin-offs, joint ventures, privatization and

takeover defense mechanisms have elevated our relationship with the client to one

based on unshakable trust and confidence.


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KARVY GLOBAL

SERVICES LIMITED

The specialist Business Process Outsourcing unit of the Karvy Group. The

legacy of expertise and experience in financial services of the Karvy Group serves us

well as we enter the global arena with the confidence of being able to deliver and

deliver well.

Here we offer several delivery models on the understanding that business needs are

unique and therefore only a customized service could possibly fit the bill. Our service

matrix has permutations and combinations that create several options to choose from.

Be it in re-engineering and managing processes or delivering new efficiencies, our

service meets up to the most stringent of international standards. Our outsourcing

models are designed for the global customer and are backed by sound corporate and

operations philosophies, and domain expertise. Providing productivity improvements,

operational cost control, cost savings, improved accountability and a whole gamut of

other advantages.

We operate in the core market segments that have emerging requirements for

specialized services. Our wide vertical market coverage includes Banking, Financial

and Insurance Services (BFIS), Retail and Merchandising, Leisure and

Entertainment, Energy and Utility and Healthcare.


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Karvy Comtrade

Limited

At Karvy Commodities, we are focused on taking commodities trading to new

dimensions of reliability and profitability. We have made commodities trading, an

essentially age-old practice, into a sophisticated and scientific investment option.

Here we enable trade in all goods and products of agricultural and mineral origin that

include lucrative commodities like gold and silver and popular items like oil, pulses

and cotton through a well-systematized trading platform.

Our technological and infrastructural strengths and especially our street-smart skills

make us an ideal broker. Our service matrix is holistic with a gamut of advantages,

the first and foremost being our legacy of human resources, technology and

infrastructure that comes from being part of the Karvy Group.

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

these advantages. Regular trading workshops and seminars are conducted to hone

trading strategies to perfection. Every move made is a calculated one, based on

reliable research that is converted into valuable information through daily, weekly

and monthly newsletters, calls and intraday alerts. Further, personalized service is

provided here by a dedicated team committed to giving hassle-free service while the

brokerage rates offered are extremely competitive


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Karvy Insurance

Broking Limited

At Karvy Insurance Broking Limited., 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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Welcome to Karvy Stock Broking

KARVY Stock Broking Limited, one of the cornerstones of the KARVY edifice, flows

freely towards attaining diverse goals of the customer through varied services. It creates a

plethora of opportunities for the customer by opening up investment vistas backed by

research-based advisory services. Here, growth knows no limits and success recognizes

no boundaries. Helping the customer create waves in his portfolio and empowering the

investor completely is the ultimate goal. KARVY Stock Broking Limited is a member of:

National Stock Exchange (NSE)

Bombay Stock Exchange (BSE)

Hyderabad Stock Exchange (HSE)

Member - National Stock Exchange (NSE) and The Bombay Stock Exchange (BSE).

Karvy Stock Broking Limited, one of the cornerstones of the

Karvy edifice, flows freely towards attaining diverse goals of the customer through

varied services. Creating a plethora of opportunities for the customer by opening up

investment vistas backed by research-based advisory services. Here, growth knows no

limits and success recognizes no boundaries. Helping the customer create waves in his

portfolio and empowering the investor completely is the ultimate goal.


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Stock Broking Services

It is an undisputed fact that the stock market is unpredictable and yet enjoys a high

success rate as a wealth management and wealth accumulation option. The difference

between unpredictability and a safety anchor in the market is provided by in-depth

knowledge of market functioning and changing trends, planning with foresight and

choosing ones options with care. This is what we provide in our Stock Broking

services.

We offer services that are beyond just a medium for buying and selling stocks and shares.

Instead we provide services which are multi dimensional and multi-focused in theirscope. There are several advantages in utilizing our Stock Broking services, which are the

reasons why it is one of the best in the country.

We offer trading on a vast platform ; National Stock Exchange and Bombay Stock

Exchange. More importantly, we make trading safe to the maximum possible extent, by

accounting for several risk factors and planning accordingly. We are assisted in this task

by our in-depth research, constant feedback and sound advisory facilities. Our highly

skilled research team, comprising of technical analysts as well as fundamental specialists,secure result-oriented information on market trends, market analysis and market

predictions. This crucial information is given as a constant feedback to our customers,

through daily reports delivered thrice daily ; The Pre-session Report, where market

scenario for the day is predicted, The Mid-session Report, timed to arrive during lunch

break , where the market forecast for the rest of the day is given and The Post-session

Report, the final report for the day, where the market and the report itself is reviewed. To

add to this repository of information, we publish a monthly magazine Karvy ;

The Finapolis, which analyzes the latest stock market trends and takes a close

look at the various investment options, and products available in the market, while a

weekly report, called Karvy Bazaar Baatein, keeps you more informed

on the immediate trends in the stock market. In addition, our specific industry reports

give comprehensive information on various industries. Besides this, we also offer special


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portfolio analysis packages that provide daily technical advice on scrips for successful

portfolio management and provide customized advisory services to help you make the

right financial moves that are specifically suited to your portfolio.

Our Stock Broking services are widely networked across India, with the number of our

trading terminals providing retail stock broking facilities. Our services have increasingly

offered customer oriented convenience, which we provide to a spectrum of investors,

high-networth or otherwise, with equal dedication and competence.

But true to our spirit, this success is not our final destination, but just a platform to launch

further enhanced quality services to provide you the latest in convenient, customer-

friendly stock management.

Over the years we have ensured that the trust of our customers is our biggest returns.

Factors such as our success in the Electronic custody business has helped build on our

tradition of trust even more. Consequentially our retail client base expanded very fast.

To empower the investor further we have made serious efforts to ensure that our research

calls are disseminated systematically to all our stock broking clients through various

delivery channels like email, chat, SMS, phone calls etc.

Our foray into commodities broking has been path breaking and we are in the process of

converting existing traders in commodities into the more organized mainstream of trading

in commodity futures, both as a trading and risk hedging mechanism.

In the future, our focus will be on the emerging businesses and to meet this objective, we

have enhanced our manpower and revitalized our knowledge base with enhances focus on

Futures and Options as well as the commodities business.


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Depository Participants

The onset of the technology revolution in financial services Industry saw the emergence

of Karvy as an electronic custodian registered with National Securities Depository Ltd

(NSDL) and Central Securities Depository Ltd (CSDL) in 1998. Karvy set standards

enabling further comfort to the investor by promoting paperless trading across the

country and emerged as the top 3 Depository Participants in the country in terms of

customer serviced.

Offering a wide trading platform with a dual membership at both NSDL and CDSL, we

are a powerful medium for trading and settlement of dematerialized shares. We have

established live DPMs, Internet access to accounts and an easier transaction process inorder to offer more convenience to individual and corporate investors. A team of

professional and the latest technological expertise allocated exclusively to our demat

division including technological enhancements like SPEED-e, make our response time

quick and our delivery impeccable. A wide national network makes our efficiencies

accessible to all.

Distribution of Financial Products

The paradigm shift from pure selling to knowledge based selling drives the business

today. With our wide portfolio offerings, we occupy all segments in the retail financial

services industry.

A 1600 team of highly qualified and dedicated professionals drawn from the best of

academic and professional backgrounds are committed to maintaining high levels of

client service delivery. This has propelled us to a position among the top distributors for

equity and debt issues with an estimated market share of 15% in terms of applications

mobilized, besides being established as the leading procurer in all public issues.
http://www.karvydp.com/http://www.karvydp.com/


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To further tap the immense growth potential in the capital markets we enhanced the scope

of our retail brand, Karvythe Finapolis , thereby providing planning and advisory

services to the mass affluent. Here we understand the customer needs and lifestyle in the

context of present earnings and provide adequate advisory services that will necessarily

help in creating wealth. Judicious planning that is customized to meet the future needs of

the customer deliver a service that is exemplary. The market-savvy and the ignorant

investors, both find this service very satisfactory. The edge that we have over competition

is our portfolio of offerings and our professional expertise. The investment planning for

each customer is done with an unbiased attitude so that the service is truly customized.

Our monthly magazine, Finapolis, provides up-dated market information on market

trends, investment options, opinions etc. Thus empowering the investor to base every

financial move on rational thought and prudent analysis and embark on the path to wealth

creation.

Advisory Services

Under our retail brand Karvythe Finapolis', we deliver advisory services to a cross-

section of customers. The service is backed by a team of dedicated and expert

professionals with varied experience and background in handling investment portfolios.

They are continually engaged in designing the right investment portfolio for each

customer according to individual needs and budget considerations with a comprehensive

support system that focuses on trading customers' portfolios and providing valuable

inputs, monitoring and managing the portfolio through varied technological initiatives.

This is made possible by the expertise we have gained in the business over the years.Another venture towards being investor-friendly is the circulation of a monthly magazine

called Karvy - the Finapolis'. Covering the latest of market news, trends, investment

schemes and research-based opinions from experts in various financial fields.


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Branches

State Total BranchesANDHRA PRADESH 37

ASSAM 8

BIHAR 10

CHANDIGARH 1

CHHATTISGARH 7

GOA 2

GUJARAT 26

HARYANA 15

HIMACHAL PRADESH 3

JAMMU & KASHMIR 1

JHARKAND 7

KARNATAKA 48

KERALA 24

MADHYA PRADESH 19

MAHARASHTRA 27

MANIPUR 1

MEGHALAYA 1

NEW DELHI 11ORISSA 13

PUNJAB 11

RAJASTHAN 10

SIKKIM 1

TAMIL NADU 57

TRIPURA 1

UNION TERRITORY 1

UTTAR PRADESH 38

UTTARANCHAL 5

WEST BENGAL 26


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Business Associates

State Business Associates

ANDHRA PRADESH 53

BIHAR 2

DELHI 7

GUJARAT 17

HARYANA 7

HIMACHAL PRADESH 1

JHARKHAND 1

KARNATAKA 15

KERALA 29

MADHYA PRADESH 6

MAHARASTRA 21

ORISSA 3

PUNJAB(UT) 11

RAJASTHAN 4

TAMILNADU 8

TRIPURA 3

UTTAR PRADESH 19

WEST BENGAL 5


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Terms and Conditions

TERMS AND CONDITIONS GOVERNING INTERNET BASED TRADING

Please read the following instructions before signing the client agreement

1. Client (first holder) should initial at the places marked with a #. ( Total of 10

initials along side markings and at the bottom of each page)

2. Only the first holder signs on the client agreement. ( 1signature)

3. The client agreement should be witnessed

4. Please read the general instructions mentioned in the instruction booklet

DESCRIPTION OF PARTIES

This agreement is entered into on ----/-----/------- between Karvy Stock Broking Limited,

member broker # of the National Stock Exchange of India Limited, ordinarily carrying on

business in sale and purchase of securities and is bearing SEBI Registration Number INB

230770138and carrying on such business in the name and style of Karvy Stock Broking

Limited from its registered office at 529, Road No.4, Banjara Hills Hyderabad 500

034, Andhra Pradesh, India(hereinafter referred to as the member broker, which

expression shall unless repugnant to the context or meaning thereof, be deemed to mean

and include its legal successors and permitted assigns)

------First Holders Name------- an individual s/o -----Fathers / Husbands Name------

---- residing at # Address-------------- intending to transact in securities using the services

of the member broker, through the online trading terminal of the said member broker(hereinafter referred to as the client which expression shall, unless repugnant to the

context or meaning thereof, be deemed to mean and include its legal successors and

permitted assigns)


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WHEREAS:

1. The member broker is a member of National Stock Exchange of India Limited(hereinafter referred to as the exchange) and holds a certificate of registration

granted under Rule 4 of the Securities and exchange Board of India (Stock

Brokers and Stock Sub-Brokers) Rules and Regulations, 1992 ; AND

2. The member broker offers online trading services to the client, subject to theterms of the present agreement and the SEBI guidelines in this regard.

3. The member broker and the client are required to enter into an agreement layingdown the scope of their authority/ responsibility, in relation to the transactions in

securities using the online trading facilities that the member broker makes

available to them

4. The client is desirous of investing/ trading in securities admitted for dealing onthe National Stock Exchange as defined by the bye-law of the said Exchange

through online trading services by the member broker.

5. The member broker is satisfied and shall continuously satisfy themselves of thegenuineness and financial soundness of the client and investment objectives

relevant to the services to be provided.

6. The client is satisfied with the capability of the member broker to deal insecurities on behalf of them and the client shall continue to satisfy themselves of

the same before executing orders through the online trading facilities of such

member broker.

7. The member broker has taken steps and shall take steps to make the client awareof the precise nature of the member brokers liability for business to be

conducted, including any limitations on that liability and the capacity in which it

acts.

NOW IT IS AGREED BY AND BETWEEN THE PARTIES HERETO AS FOLLOWS


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DEFINITIONS

2.1 For the purposes of this agreement

(a) Client means and includes any individual, who transacts in securities through the

auspices of the member broker herein named as such, and seeks to transact such business

in securities through the use of E Trading facilities of the said member broker.

(b) Depository refers to the National Securities Depository Limited, Mumbai.

(NSDL)

(c) Online Trading means carrying on the business of stock broking using

electronic systems as Order Routing mechanisms to forward orders to the electronic

system of the Stock Exchange.

(d) Exchange refers to the National Stock Exchange of India Limited. (NSE)

(e) Member Broker is Karvy Stock Broking Limited, a stock broker registered as a

Stock Broker in terms of the SEBI (Stock Brokers and Sub-Brokers) Rules and

Regulations, 1992 and are registered as Stock Brokers with SEBI in terms of the said

rules and regulations.

1. (f) Trading Account shall mean a rupee account opened by the client with

the member broker, which is linked to the online trading facility through the web-site.

(g) Depository Participant orDesignated Depository Participant means Karvy

Depository Participant or any other depository participant as may be specially designated

as a Depository Participant by Karvy Stock Broking Limited, respectively.

(h) Bank or Designated Bank means any bank as may be notified from time to

time on the website, with whom the member broker has made arrangement in respect ofthe Online Trading Services to be provided to the clients in terms of the presents.

(i) Bank Account or Designated Bank Account means an account opened,

maintained and operated by the clients with a bank in terms of and pursuant to the

requirements mentioned in the agreement.


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(j) Demat Account or Designated Demat Account means an account maintained

in terms of the Regulation 42 of the SEBI (Depositories and Participants) Regulations,

1996 by Karvy Depository Participant in its capacity as a Depository Participant or any

other Depository Participant as may be specified by Karvy Stock Broking Limited.

(k) Margin Trading refers to trading in securities by paying an advance amount as

margin to the memberbroker in cash and or as securities, in the following events:

(i) Purchase of securities of a value in excess of the money with the purchaser,

in the Trading Account, at the time when the order is placed on the website.

1. (ii) Sale of securities in excess of the securities available in the demat account

of the seller on the date

when the order is placed on the website.

(l) Pay-in Date means the day on which the clearing house of the stock exchange

receives in the securities and monies due from the members pursuant to their transactions

in securities, over the period of the settlement cycle of the Exchange.

(m) Pay-out Date means the day on which the clearing house of the stock exchange

pays out securities and monies due to members pursuant to their transactions in securities,

over the period of the settlement cycle of the Exchange.

(n) Terms and Conditions means the information available on the website under the

head Terms and Conditions and includes but is not limited to any information

available on clicking on any hyperlink to the section named terms and Conditions on

the said website.

(o) Website means the website located at URL http://www.karvy.com

2.2 All words and terms not defined in this agreement or on the website mentioned

above shall take on the same meanings as may be attributed in terms of the SEBI /

Exchange Guidelines, Rules and regulations.


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3. REPRESENTATIONS AND WARRANTIES

3.1 The clients hereby warrant that they are capable of executing the present

agreement and that the terms of the presents are not in contravention of any

rights of any party with whom such client has any agreements any time prior

to the execution of this Agreement.

3.2 The clients warrant that they have, maintain and operate a valid account with

a designated bank. The clients state that they have opened a valid and

subsisting Demat Account with a designated depository participant.

3.3 The clients agree to provide and continue to provide all details about

themselves as may be required by the member broker including but not

restricted to PAN Number, and state that all details and facts represented to

the member broker are true.

3.4 The member broker states that they have complied with all statutory and

regulatory requirements to offer the Online Trading Services through the

website www.karvy.com.

3.5 The clients warrant that all or any securities deposited by them with the

member broker in respect of margin trading requirements or otherwise, are

owned by them and that the title thereof is clear and free of encumbrances.

4. REGISTRATION AND ACCOUNT OPENING

4.1 The member broker shall, after registration, permit the registered user, a

trading password which enables him/her /them to avail of the facilities of

Online Trading through the said website. All terms regarding the use and

modification of such password shall be governed by information on the

website. The clients are aware that authentication technologies and strict

security measures are required for the Internet trading through order routed

system and undertake to ensure that the password of the client and /or of their

authorized representative are not revealed to any third party. The clients also

agree to indemnify the member broker from any loss, injury, claim or any


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action instituted against the member arising from the misuse of the password

by any party.

4.2 The services on the website shall be available to the reregistered user subject

to the terms and conditions mentioned thereof.

4.3 The clients shall furnish a duly filled application form to the member broker

indicating their intention to transact in securities using the Online Trading

facilities on the website, in the format supplied by the member broker.

4.4 The clients shall provide to the member broker, a power of attorney

authorizing the member broker to debit/credit/block/create lien/pledge clients

depository accounts through their authorized personnel, to the extent of the

transaction conducted by the said clients any due and payable to the member

broker.

4.5 The clients shall authorize the member broker to debit/credit or block his

bank account in the manner as per the procedure laid down in the terms and

conditions and as per practices followed by the bank in this regard. The

clients also authorize the member broker to create lien on the amount lying in

their bank account in the manner specified in the terms and conditions.

4.6 The member broker, after satisfying themselves that the pre-requisites have

been met by the clients, may register the clients as a registered user of the

website and the Online Trading facilities may be made available to the

clients.

4.7 The member broker may. Open one or more accounts in the name of the

registered user in the books of the member broker.

4.8 The clients agrees that all the orders placed by them for securities through the

website shall be within the parameters defined and mentioned in the terms

and conditions.


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5. TRADING

5.1 TRADING ACCOUNTS

1. The clients agree to open a trading account with the member broker.

2. The clients agree that the member broker may require the clients at any time

during the subsistence of the presents, to open one or more trading accounts.

The clients agrees that the debit/credit for all the transactions may be

effected in this/these accounts, or between such accounts, in the manner

deemed fit by the member broker.

3. The Clients agree that they shall place orders for the purchase of securities

in respect of delivery accounts where the securities to be purchased are of avalue that shall not, in aggregate exceed teh advance paid by the clients into

such trading account or the amount in the bank account and such monies

shall be blocked in favor of the member broker by the bank, or the securities

in the demat account shall be blocked in favor of the member broker, as the

case may be.

4. The clients agree that they shall place orders for the purchase of securities in

respect of margin trading, they shall be bound by the rules in this regard that

are made applicable to them by mention in the terms and conditions on the

web-site and as modified from time to time.

5. The clients agree that they shall be required to make such margin payments

as are payable, as per the time schedule prescribed by the member broker by

mention on the terms and conditions, from time to time. Such margin

payments, if any, shall be payable in cash or securities as specified by the

member broker in the terms and conditions or any section of the web-site

and modified from time to time. Provided that the securities, if any, accepted

as margins, shall be valued by the member broker as per the terms and

conditions on the web-site.

6. The Client authorizes member broker to pledge these securities with

exchange to meet margin/capital adequacy requirement of member broker.


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He further authorizes the member broker to sell these securities to recover

any dues payable by him to member broker.

7. The clients agree that all payments due to the member broker will be made

within the specified time and in the event of any delay, the member broker

may refuse, at their discretion, to carry out transactions on behalf of the

clients. The clients agree that alternatively, the member broker may, at their

sole discretion, square off such transactions and the costs/losses if any,

thereof shall be borne solely and completely by the clients.

8. The clients agree, that without prejudice to any other remedy or right

prescribed in the presents, the member broker may charge daily interest at

the rate of 2% per month for any delay in the payment charges, margin or

any other sum due to the member as may be applicable.

5.2 BANK ACCOUNT

1. The clients agree that the member broker may, at any time during thesubsistence of any arrangement relating to the subject matter of the presents,require the clients to open one or more accounts with a designated bank. The

clients agree that the debit/credit for all the transactions may be effected in

this/these accounts.

2. The clients agrees that member broker shall have the right, at any timeduring the subsistence of this agreement, to give any instructions to the

banks with whom they have affiliations or any other arrangement, in respect

of the account of the clients maintained with such bank. The clients agree

that they shall have no cause of action in respect of any instruction that may

be given to the bank in respect of their accounts maintained with such bank

in pursuance of the presents.

3. The clients agree that the member broker may, without assigning any reasonthereof, and without issuing any notice of the same to the clients, reveal


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information available with the member broker in the course of the

arrangement with the clients, to the bank with whom such clients maintain

bank accounts pursuant to the presents, and the clients shall have no remedy

therefrom.

4. The clients shall agree that in the event that the designated bank terminatesthe agreement with the clients in respect of the bank account maintained by

the clients with such designated bank, for any reason or informs the member

broker of any misdemeanor or transgression by the clients in the operation

of the account or in any other circumstance resulting in the closure or in

operation of the said bank account with the designated bank, the member

broker may, at their discretion terminate services to the clients and the

clients shall have no remedy therefrom.

5. Notwithstanding anything contained in any other agreement or arrangement,if any, between the parties hereto, the clients hereby authorize the member

broker to release all payments due to them from the trading account

maintained with the member broker, against specific request in that behalf

made in the manner and following the procedure laid down in the terms and

conditions. For the purposes of this clause, any request made through or on

the web-site shall be sufficient for the member broker to execute an

instruction.

5.3 DEMAT ACCOUNT

1. The clients agree to open, maintain and operate a valid demat account withthe designated depository participant.

2. The clients agree that the member broker may require the clients, at anytime during the subsistence of any arrangement relating to the subject matter

of the presents, to open one or more demat accounts. The clients agree that


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the debit/credit for all the transactions are to be effected in this/these

accounts.

5.4 ORDERS

1. The clients agree that all the orders placed through the web-site shall beforwarded by the system to the National Stock Exchange Limited, as may be

applicable, in respect of the arrangement between the parties.

2. The clients agree that if, any circumstance or for any reason, the marketcloses before the acceptance of the Order by the Exchange, the Order may

be rejected. The clients agree further, that the member broker may reject

Orders if the same are rejected by the Stock Exchange for any reason. In

case of rejection of an order due to rejection by the Exchange, the clients

agree that the order shall remain declined and shall not be reprocessed in

any event.

3. The member broker may, at their sole discretion, reject any order placed onthe web-site due to any reason, including but not limited to the non-availability of funds in the trading account of the clients, non-availability of

securities in the Demat account of the clients with a designated depository

participant, insufficiency of margin amount if the clients opts for margin

trading, suspension of scrip-specific trading activities by or on an Exchange

and the applicability of circuit breaker to a scrip in which orders are placed

through the web-site.

4. The clients are aware that the member broker has provided on the web-site,a facility for reconfirmation of orders, which are larger that those specified

by the member broker's risk management, and is also aware that the member

broker has the discretion to reject the execution of such orders based on such

risk perception.


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5. The clients agree further that the member broker shall have the right toreject any order placed by the clients for any reason and at any time without

notice to the clients. Provided that the order placed by the clients can only

be rejected by the member broker in the event of impossibility, or pursuant

to any of the terms mentioned in this Agreement, circulars, rules,

regulations, notifications, Bye-laws or legislation of any regulatory

authority, or pursuant to any terms/arrangement between the clients and the

member broker or the clients and the depository participant, whether such

arrangement is executed prior to or during the subsistence of this

Agreement.

6. The clients agree that, if the order is not accepted on the web-site for anyreason, the member broker shall have the right to treat the order as having

lapsed.

7. The clients agree that the member broker shall not be liable or responsiblefor non-execution of orders placed through the web-site due to the failure of

any system or link or due to any other reason whatsoever.

8. The member broker, may at their sole discretion permit clients to use theweb-site for the routing of their orders in respect of securities, irrespective

of the amount in the balance of the account of the clients.

9. The clients agree to abide with and be bound by all the Rules and Circularsthat the member broker may issue from time to time, and all rules,

regulations and bye-laws of the Exchange as are in force pertaining to the

transactions on their behalf carried out by the member broker and the orders

place by them on the web-site.

10. The member broker may inform the clients of the acceptance or rejection ofthe order placed by the clients through the web-site, and the reason therefor

within the twenty four hours of the placing of such order through the

electronic mode at the e-mail id provided by the clients while registering for

the service on the web-site or as modified thereafter.


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11. The systems used by the member broker for providing Online Tradingservices are generally capable of assessing the risk of the clients as soon as

the order comes in.

12. Any and all instructions issued by an authorized representative of the clientsshall be binding on the clients in accordance with the letter authorizing the

said representative to deal on behalf of the clients. All authentication of the

authority of a client to instruct the member broker to deal on behalf the

client shall be determined by the terms in this regard mentioned on the web-

site.

5.5 CLEARING AND SETTLEMENT

1. The Exchange may cancel a trade suo motu without assigning anyreason thereof. In the event of such cancellation the member broker

shall be entitled to cancel the relative contract or contracts, if any, with

the clients.

2. The member broker may directly credit the demat account of theclients with the designated depository participant for the purchase of

the securities by the clients within forty eight hours of the receipt of

the securities from the exchange on the pay-out day. Provided that if

the order placed by the clients through the web-site is for securities,

which are in the no-delivery period, such securities shall be credited to

the trading account of the clients only at the time of settlement of

trades, as per the schedule of the exchange. However,

(a) If any sum is due from the clients the member broker maywithhold the credit of securities to the said Demat account of

the clients with the designated depository participant.

(b)Delivery arising from an order placed from the web-site inrespect of a margin trading account, may not be credited to


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the demat account of the clients but will be disposed of in a

manner prescribed in the terms and conditions.

3. Any sale delivery not made to the member broker at the time of trademust be made at least forty-eight hours prior to the pay-out date in

respect of the settlement in which such purchase is made. Losses, if

any, that may accrue in the event of a default in completing the

delivery on the Exchange by the member broker resultant of a delay in

the delivery by the clients, shall be borne solely and completely by the

clients. Losses for the purposes of this clause shall include auction

debts, if any incurred as a result of non-delivery of securities on the

settlement date on the exchange.

5.6 DEFAULT AND CONSEQUENCES THEREOF

1. The clients agree that they shall be deemed to have defaulted terms of this

agreement in circumstances including but not restricted to the following:

(a) Any delay in payment of margins, charges or delivery in respect of this

agreement for transactions executed on behalf of the clients;

(b) Any contravention of the terms contained in the presents;

(c) Any misrepresentation or false statement or omission, or misleading

information supplied by the clients to the member broker;

2. The member broker may terminate the services made available to the clients

at any time and without issuing any notice or assigning any reason thereof.

3. In the event of a default of this agreement by a clients, the member broker

shall be entitled to any or all of the following courses of action:


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a) Immediate termination of this agreement and provision of services in terms

of this agreement.

b) Other remedies as may be available in terms of the law for the time being in

force.

c) Arbitration in terms of this agreement.

d) Charge of an amount that shall not exceed the actual losses incurred by the

member broker consequent to the default along with the interest at market rates.

5.7 INVESTMENT ADVICE

1. The clients agree that the member broker shall not be required to provide the

clients with any form of legal, accounting or tax related advice.

2. The clients agree that none of the services available on the website shall

amount to investment advice on the part of the member broker.

5.8 MISCELLANEOUS

1. The clients agree that all decisions with regard to the amount that may be

placed as margin, the exposure available to the clients as against the funds available in

the bank account and the authorized trading limit shall be decided by the member broker

at their sole discretion and no reasons thereof are required to be given to the clients.

2. The clients agree that that shall be bound by all or any changes or

modifications that are made to this agreement by the member broker, at its sole and

complete discretion.


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3. The clients agree that a modification to the terms and conditions on the

website shall amount to a valid modification of the presents.

4. The clients agree that the member broker may at any time terminate the

services available on the website on the basis of which this agreement is drawn and such

termination of services for any reason shall not be in contravention of the presents. In the

event that such termination occurs the member broker shall not be required to issue any

notice to the clients or assign any reasons thereafter.

5. The member broker shall issue contract notes in terms of the SEBI (Stock

Brokers and Sub Brokers) Rules and regulations, 1992 within twenty four hours of the

execution of the trade. Such contract note shall be dispatched by the member broker by

courier or through any other mode specified in the terms and conditions mentioned on the

website, at the address mentioned in this agreement or at any other address expressly

informed to the member broker by the clients.

6. The clients agree that all the transactions executed pursuant to an order

placed on the website shall be subject to the rules of the clearing house of the exchange

and that all trades shall be settled through such clearing house.

7. The clients agree to be bound by the guidelines, including the rules

pertaining to the adjustment of shortages in clients positions in securities transacted on

behalf of such clients, or any other person by the member broker, wither through orders

placed through the use of the Online Trading services of the member broker or otherwise

as may be issued by the member broker from time to time.

.


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6. TERMS OF CONSIDERATION

6.1 COMMISSIONS AND BROKERAGE

All commissions and charges leviable on transactions in securities pursuant to orders

placed on the website shall be payable at rates mentioned on the website and as may be

modified from time to time.

6.2 USER FEES

The clients agree that the member broker may charge User Fees for the use of any other

service including but not restricted to the Online Trading Services, at a rate mentioned on

the website and as may be modified from time to time.

6.3 DEPOSITORY CHARGES

The clients agree that the member broker may debit the demat account charges payable to

the depository participant to the trading account of the clients maintained with the

member broker.

6.4 OTHER CHARGES

The member broker may charge any other relevant charge in the manner intimated on the

website from time to time including but not limited to Trade Commission, Service Tax,

Turnover Charges, Tax Expenses incurred, Stamp Duty, Margins etc. as applicable.


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7. INDEMNITY

7.1 The member broker shall be indemnified by the client in case of any action

initiated against the member broker by the party not privy to this contract, and it shall be

the duty of the client to bear out of their funds, all costs, losses and expenses which any

such member broker may incur or may become liable to pay, by reason of any event in

the course of the use of the said services by the client.

7.2 In the event of death or insolvency of the client or his otherwise becoming

incapable of receiving and paying for or delivering or transferring securities which the

client has ordered to be bought or sold, the member broker may close out the transaction

of the client and the client or his legal representative shall be liable for any losses, costs

and be entitled to any surplus which may result therefrom.


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8. TERM AND TERMINATION

8.1 Both parties shall be entitled to terminate this agreement at will and

without giving any reasons to the other party but not without giving a notice in writing of

not less than one month that shall be despatched to the addresses mentioned in this

agreement. However, such cancellation or termination shall not have any effect on any

transaction(s) executed prior to the date of such notice of termination and the rights and

obligations in respect of such transactions shall continue to subsist in terms of this

agreement, and/or the terms and conditions as may be prescribed.

8.2 This Agreement shall become effective on the date first written

above, subject to Clause 8 above, and shall remain in full force until and unless

terminated.

8.3 In the event of any Governmental action or action from any

regulatory authorities debarring the member broker from carrying on business or

rendering it impossible to transact the business of broking or online trading, this

agreement shall stand terminated.

8.4 The rights and obligations of the Parties under this Agreement which

by their nature survive the termination of this Agreement shall not be extinguished by thetermination of this Agreement.


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9. ARBITRATION

9.1 If any dispute arises between the Parties hereto during the subsistence of this

Agreement of thereafter, in connection with or related to the validity, interpretation,

implementation or alleged breach of any provision of this Agreement, the dispute shall,

as far as possible be settled with the help of the officials of the exchange and if no such

settlement is possible the parties hereby agree to refer such dispute to arbitration in

accordance with the rules, bye-laws and regulations of the said stock exchange. The

member broker and client hereby agree that they shall co-operate with the exchange

officials and provide all relevant documents in their possession so as to expedite the

settlement through the arbitration process.

9.2 The member broker and the client hereby agree that they will assist and co-operate

with each other in ensuring faster settlement of any arbitration proceedings arising out of

the present agreement or from the provision of the online trading services by the member

broker and will accept arbitration awards in respect thereof.

10. APPLICABILITY OF LAW

The provisions of this agreement shall always be subject to Government notifications,

any rules, regulations and guidelines issued by SEBI and the Stock Exchange rules,

regulations and Bye-laws that may be in force from time to time.


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11. JURISDICTION

All trades, transactions and contracts are subject to the rules and regulations of the

exchange and depository and shall be deemed to be and shall take effect as wholly made,

entered into and be performed in the city of Hyderabad and the parties to such trade shall

be deemed to have submitted to the jurisdiction of the Courts in Hyderabad for the

purpose of giving effect to the provisions of the Rules and regulations of the exchange

and the bye-laws and business rules of the depository.

Client :_______________________________________________________

(First Holder Name)

Signature : _______________________________________________________

Witness

By :_______________________________________________________

Signature :_______________________________________________________

Broker : KARVY STOCK BROKING LIMITED.

By :

Signature :

Title : DIRECTORY/AUTHORISED SIGNATORY

Witness :


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PROFILE OF BROKING HOUSE IN THE STOCK MARKET

US 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 Indias

largest Registrar and Transfer Agent with a client base of nearly 500 blue chip corporate,

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 5insurance 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 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.


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MEANS OF FINANCING

Financing a company through the sale of stock in a company is known as

equity financing. Alternatively, debt financing (for example issuing bonds) can be done

to avoid giving up shares of ownership of the company. Unofficial financing known as

trade financing usually provides the major part of a company's working capital (day-to-

day operational needs). Trade financing is provided by vendors and suppliers who sell

their products to the company at short-term, unsecured credit terms, usually 30 days.

Equity and debt financing are usually used for longer-term investment projects such as

investments in a new factory or a new foreign market. Customer provided financing

exists when a customer pays for services before they are delivered, e.g. subscriptions and

insurance

MARKET SHARE ANALYSIS

Security Bond Stock

Common stocks Preferred stocks

Share Mutual funds Par value v s. Market value Bullish v s. Bearish
http://c/wiki/Ownership_equityhttp://c/wiki/Debthttp://c/wiki/Bond_(finance)http://c/w/index.php%3ftitle=Trade_financing&action=edit&redlink=1http://c/wiki/Working_capitalhttp://c/wiki/Working_capitalhttp://c/w/index.php%3ftitle=Trade_financing&action=edit&redlink=1http://c/wiki/Bond_(finance)http://c/wiki/Debthttp://c/wiki/Ownership_equity


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OTHER BENEFITS OF INVESTING IN SHARES?

Because they can make big money on it. Compared to your investments in fixed

deposits in banks it makes more profits, but the bad news is that you are also expected to

bear the losses, if any.

1) Possibility of high returns 2) Easy liquidity 3) Unbeatable tax benefits 4) Income from dividends

SO HOW DOES ONE BUY SHARES?

There are basically two ways in which you can invest in shares:

Purchase shares from the primary market (i.e. IPO's) Trade in the Secondary Market, i.e. Stock exchanges

WHO SELECTS THESE STOCKS?

They are selected by the Index committee.

Some of the criteria they follow include:

1)

Market capitalization.2) Liquidity.3) Continuity.4) Industry representation.5) Listed history


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COMPUTATION OF STOCK INDEX:

A stock market may either be a price index or a wealth index. In India most of

the indices are using wealth index for computation of stock market.

Company No. of

shares

Market Price

on

09/02/06

Market

cap

(Rs.)

Market Price

on

18/02/06

Market

cap

(Rs.)

TATA 10 20/- 200/- 30/- 300/-

INFOSYS 20 30/- 600/- 40/- 800/-

IBM 20 100/- 2000/- 150/- 3000/-

TOTAL MARKET

CAP

2800/- 4100/-

Face value=Rs.10/-

Base value=100/-

Index present value=(100*4100)/2800= 146.428


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OTHER MARKET RUNNERS :-

KOTAK SECURITIES:

Kotak securities ltd is India leading stock broking house with a market share of close to

9% as on 31 march 2007. kotak securities ltd has been the largest in IPO distribution.

The company has a full fledged research division involved in macro economic studies

sect oral research and company specific equity research combined with a strong and well

networked sales force which helps deliver current and up to date market information and

news

Kotak securities ltd is also a depository participant with national securities depository

limited and central depository service limited .providing dual benefits services where in

the investor can use the brokerage services of the company for executing the transactions

and the depository service for settling them.

Kotak securities have 813 outlets servicing more than 315000 customers and a coverage

of 277 cities. Kotak securities com the online division of kotak securities limited offers

internet broking services and also online IPO and mutual fund investment

A Kotak security limited manages assets around 2300 crores of assets under

management. The portfolio management service provides top class service catering to the

high end of the market. Portfolio management from kotak securities comes as an answer

to those who would like to grow from exponentially on the crest of the stock market, with

the backing of an expert.
http://www.kotak.com/Kotak_GroupSite/default.htm


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Sharekhan, the retail broking arm of SSKI group and one of the largest stock broking

house in the country has won the prestigious awaaz consumer vote awards 2005 for the

most preferred stock broking brand in India, in the investment advisors category

Share khan equity related services include trade execution on BSE,NSE derivatives

commodities depository services online trading and investment advice ,.sharekhan online

trading and investment site www.sharekhan.com was launched in 2000 . Sharekhan Bag

round network includes over 250 centers across 123 cities in India and having around

120000 customers and equal number of demat customers.

Sharekhan won the award by vote of customer around the country, as part of India largest

consumer study cover 7000 respondents 21 product and service across 21 major cities.

the study initiated by awaaz India first dedicated consumer channel and member of the

world wide CNBC network and ac Nielsen org marg was aimed at understanding the

brand preference of the consumer and to decipher what are the most important loyalty

criteria for the consumer in each vertical

In order to select the award recipient spontaneous responses rather than prompted

responses were garnered with an intention to glean unbiased preferences.

The reason behind the preferences for brands were unveiled by examines the following.

Tangible features of product /service Softer, intangible features like imagery, equity driving preference Tactical measures such as promotional /pricing schemes
http://www.sharekhan.com/http://www.sharekhan.com/


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The India Infoline group, comprising the holding company, India Infoline Limited

and its wholly-owned subsidiaries, straddle the entire financial services space with

offerings ranging from Equity research, Equities and derivatives trading,

Commodities trading, Portfolio Management Services, Mutual Funds, Life

Insurance, Fixed deposits, GoI bonds and other small savings instruments to loan

products and Investment banking. India Infoline also owns and manages the

websites http://www.indiainfoline.com/and http://www.5paisa.com/

The company has a network of 758 business locations (branches and sub-brokers)

spread across 346 cities and towns. It has more than 800,000 customers

India Infoline Limited is listed on both the leading stock exchanges in India, viz.

the Stock Exchange, Mumbai (BSE) and the National Stock Exchange (NSE) and

is also a member of both the exchanges. It is engaged in the businesses of Equities

broking, Wealth Advisory Services and Portfolio Management Services. It offers

broking services in the Cash and Derivatives segments of the NSE as well as the

Cash segment of the BSE. It is registered with NSDL as well as CDSL as a

depository participant, providing a one-stop solution for clients trading in the

equities market. It has recently launched its Investment banking and Institutional

Broking business.
http://www.indiainfoline.com/http://www.5paisa.com/http://www.5paisa.com/http://www.indiainfoline.com/


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Motilal Oswal Securities Ltd. was founded in 1987 as a small sub-broking unit, with just

two people running the show. Focus on customer-first-attitude, ethical and transparent

business practices, respect for professionalism, research-based value investing and

implementation of cutting-edge technology has enabled us to blossom into an almost

200memberteam.

Today they are a well diversified financial services firm offering a range of financial

products and services such as

Wealth Management Broking & Distribution Commodity Broking Portfolio Management Services Institutional Equities

Private Equity Investment Banking Services and Principal Strategies

They have a diversified client base that includes retail customers (including High Net

worth Individuals), mutual funds, foreign institutional investors, financial institutions and

corporate clients. They are headquartered in Mumbai and as network spread over 450

cities and towns comprising 1,496 Business Locations operated by their Business

Partners and them. As they had 486,648 registered customers.
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Religare Enterprises Limited (REL), is one of the leading integrated financial services

groups of India. RELs businesses are broadly clubbed across three key verticals, the

Retail, Institutional and Wealth spectrums, catering to a diverse and wide base of clients.

REL offers a multitude of investment options and a diverse bouquet of financial services

and has a pan India reach in more than 1550 locations across more than 460 cities and

towns.

As part of its recent initiatives, the group has also started expanding globally and has

acquired Londons oldest brokerage & investment firm, Hichens, Harrison & Co. plc.

Following this acquisition Religare now proposes to operate out of 10 countries. With a

view to expand, diversify and introduce offerings benchmarked against global best

practices, Religare has entered into joint ventures with the global major- Aegon for its

Asset Management and Life Insurance businesses in India.

Religares wealth management subsidiary is now rechristened as Religare Macquarie

Wealth Management Limited, following a joint venture with the Australia based financial

services major, Macquarie Bank. Religare has also partnered with Vistaar Entertainment

to launch Indias first Film Fund.

The vision is to build Religare as a globally trusted brand in the financial services domain

and present it as the Investment Gateway of India. All employees of the group guided

by an experienced and professional management team are committed to providing

financial care, backed by the core values of diligence and transparency.


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ABOUT INDIABULLS

Indiabulls is Indias leading Financial Services and Real Estate company having over 640

branches all over India. Indiabulls serves the financial needs of more than 4,50,000

customers with its wide range of financial services and products from securities,

derivatives trading, depositary services, research & advisory services, consumer secured

& unsecured credit, loan against shares and mortgage & housing finance. With around

4000 Relationship Managers, Indiabulls helps its clients to satisfy their customized

financial goals. Indiabulls through its group companies has entered Indian Real Estate

business in 2005. It is currently evaluating several large-scale projects worth several

hundred million dollars.

Indiabulls Financial Services Ltd is listed on the National Stock Exchange,

Bombay Stock Exchange and Luxembourg Stock Exchange. The market

capitalization of Indiabulls is around USD 6,300 million (31st December, 2007).

Consolidated net worth of the group is around USD 905 million (31st December,

2007). Indiabulls and its group companies have attracted more than USD 800

million of equity capital in Foreign Direct Investment (FDI) since March 2000.

Some of the large shareholders of Indiabulls are the largest financial institutions of

the world such as Fidelity Funds, Goldman Sachs, Merrill Lynch, Morgan Stanley

and Farallon Capital. Business of the company has grown in leaps and bounds since its

inception. Revenue of the company grew at a CAGR of 159% from FY03 to FY07.

During the same period, profits of the company grew at a CAGR of 184%.

Indiabulls became the first company to bring FDI in Indian Real Estate through a JV with

Farallon Capital Management LLC, a respected US based investment firm. Indiabulls has

demonstrated deep understanding and commitment to Indian Real Estate market by

winning competitive bids for landmark properties in Mumbai and Delh


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AnandRathi is a leading full service securities firm providing the entire gamut of

financial services. The firm, founded in 1994 by Mr. AnandRathi, today has a pan India

presence as well as an international presence through offices in Dubai and Bangkok. AR

provides a breadth of financial and advisory services including wealth management,investment banking, corporate advisory, brokerage & distribution of equities,

commodities, mutual funds and insurance, structured products - all of which are

supported by powerful research teams.

The firm's philosophy is entirely client centric, with a clear focus on providing long term

value addition to clients, while maintaining the highest standards of excellence, ethics

and professionalism. The entire firm activities are divided across distinct client groups:

Individuals, Private Clients, Corporate and Institutions and was recently ranked by Asia

Money 2006 poll amongst South Asia's top 5 wealth managers for the ultra-rich.


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The Angel Group of Companies was brought to life by Mr. Dinesh Thakkar. He

ventured into stock trading with an intention to raise capital for his own

independent enterprise. However, he recognised the opportunity offered by the

stock market to serve individual investors. Thus Indias first retail-focused stock-

broking house was established in 1987. Under his leadership, Angel became the

first broking house to embrace new technology for faster, more effective and

affordable services to retail investors.

Mr. Thakkar is valued for his understanding of the economy and the stock-market.

The print and electronic media often seek his views on the market trend as well as

investment strategies.

Angel Broking's tryst with excellence in customer relations began in 1987. Today,

Angel has emerged as one of the most respected Stock-Broking and Wealth

Management Companies in India. With its unique retail-focused stock trading

business model, Angel is committed to providing Real Value for Money to all its

clients.

The Angel Group is a member of the Bombay Stock Exchange (BSE), National

Stock Exchange (NSE) and the two leading Commodity Exchanges in the country:

NCDEX & MCX. Angel is also registered as a Depository Participant with CDSL.


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Introduction of Organization

About Karvy Fortune:-

Karvy Fortune a business opportunity for individuals in similar

business from Karvy, it gives the opportunity to associate with Karvy Family as

Franchisee, Remisser, or as an Independent Financial Advisors.

Karvy ranks among 5 stock brokers and Depositary Participants

in India, with the enormous net work of over 500+ branches in 375 locations across India

and overseas at Dubai, executes 150,000+ trades in NSE/BSE per day. Karvy has a top

notch research team, advisory team, technology support team to serve its customers in

24/7 manner

Associate with Karvy Fortune, a correlate opportunity from

Indias foremost financial services provider, Karvy Stock Broking Ltd. It offers complete

Karvys spectrum of financial products. Karvy fortune gives the opportunity to associate

with Karvy Family as Franchisee, Remisser or as an Independent Financial Advisors

please enroll your details.


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Remisser of Karvy stock Broking Ltd.

Karvy is an established stock broking firm with a strong customer base all over India,

Karvy would like to reach out to more investors across the country, building a good

distribution channel through Business Partner/Associates

Who is Business Partner/Associate?

Karvy is looking for like-minded people who wish to serve the customers with utmost

reliability and fervor. As a Business Associate of Karvy, you will actively promote and

market our services and products and keep our customers updated of the forthcoming

new products and schemes. Karvy offers you to join our family as Franchisee/Business

partners, Remisser or as an Independent Financial Advisor.

Karvy is associated with gamut of financial services and products. As we offer one stop

investment solution, customers will have the option of deciding the right investment

products of their choice.

KARVY FRANCHISEE PLANS :

BUSINESS ASSOCIATES

Revenue Sharing Structure:

Eligibility Criteria to enter into a Relationship as a Business

Associate:

1. An individual/ company/ partnership firm with good track record & reputation in

financial services/other business/social circles with a good client base.


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2. Sub-broker registration in SEBI/Exchanges through KSBL is compulsory with out

which the remittance of accrued brokerage to franchisee will be kept on hold till

registration is complete

3. Capacity to invest in setting up & maintaining the infrastructure & manpower required

for carrying on the business as specified below at their own expense.

a. Own or leased premises with requisite power supply and support facilities

including LAN duly approved by KSBL in writing;

b. Interior work, furniture and Name Board conforming to the design, colours and

standards approved by KSBL

c. Connectivity and communication facilities including leased line, ISDN line,

telephone line etc duly approved by KSBL.

d. In case the connectivity is through VSAT, the full cost of the VSAT including

setting up costs.

e. Legally licensed operating system, database and other software including back

office software required for the operations at franchisees premises;

f. Any other equipment or installations necessary for carrying on the business

without interruption.

neeraj final print karvy

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