- Motilal Oswal Group
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Motilal Oswal Financial Services Ltd Type Financial services Industry Financial Services Founded Mumbai, India , 1987 Headquarters Hoechst House, Nariman Point, Mumbai Services Wealth Management,
Broking & Distribution,
Commodity Broking,
Portfolio Management Services,
Institutional Equities,
Private Equity,
Investment Banking Services & Principal StrategiesParent Motilal Oswal Financial Services Ltd Subsidiaries Motilal Oswal Securities Ltd,
Motilal Oswal Investment Advisors Pvt Ltd,
Motilal Oswal Private Equity Advisors Pvt Ltd,
Motilal Oswal Asset Management Co. LtdWebsite www.motilaloswal.com MOTILAL OSWAL FINANCIAL SERVICES LTD. (BSE, NIFTY, NASDAQ, FTSE 100, Nikkei 225, Dow Jones, Hang Seng) is a 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.[1]
Contents
Background
The company was formed in 1987 by Motilal Oswal and Raamdeo Agrawal after they acquired membership on The BSE.[2]. Motilal Oswal was elected director and joined the Governing Board of The Bombay Stock Exchange[3] in 1998.
Motilal Oswal Securities is a Depository Participant of NSDL[4] and a Depository Participant of Central Depository Services Limited (CDSIL)[5] in 2000. The company started offering Derivatives products and advisory services on both BSE as well as NSE in 2001[6]
In 2006, the company entered Private Equity and Investment Banking business.[7] In the same year, Motilal Oswal group acquired South Indian brokerage firm – Peninsular Capital Markets[8]. The company tied up with State Bank of India and Punjab National Bank[9] in 2006 and 2007 to offer online trading to its customers. 2008 saw the company create one of India's largest Equity[10] Dealing & Advisory rooms, spread over 26,000 sq ft (2,400 m2) in Malad, Mumbai.
In January 2010, Motilal Oswal Financial Services (through its subsidiary Motilal Oswal Securities Ltd.) received the final certificate of registration approval from Securities and Exchange Board of India (SEBI) to set up a mutual fund business in the country.
Awards and recognitions
- CNBC TV18 awarded Motilal Oswal the Best Performing Equity Broker Award in 2010
- Motilal Oswal IB team won the Asia Pacific Cross Border Deal of the year award in 2010 and the CEO Ashutosh Maheshvari got India M&A Investment Banker of the Year award
- Motilal Oswal Securities Ltd. rated as No.1 Broker in ET Now - Starmine Analyst Awards 2009[10].
- MOSL was 'Rated No.1 – Best recommendations Mid & Small Caps' and won awards in 3 out of 4 categories at the Starmine India Broker Rankings 2009 from Thomson Reuters.[11]
- MOSL awarded 'The Best Franchisor in Financial Services' by Franchisee[13]. World Magazine 2008 for the second consecutive year.
- D & B[14]. survey 2007 rates MOSL as India's top second Broking House in terms of total number of trading terminals.
- AsiaMoney Brokers poll 2007[15]. rated Motilal Oswal Securities Ltd. - Best Overall Country Research - Local Brokerage.
- Motilal Oswal Commodities Broker Pvt Ltd (MOCBPL) bagged Globoil India's prestigious 'Outstanding Commoditiy Broking House - 2007' Award[16].
- Asiamoney Brokers poll 2006[17] rates Motilal Oswal Securities – Most Independent Research- Local Brokerage.
- Avaya Global ranked MOSL as the second best company in the Financial Sector for customer responsiveness in 2006[18].
- Asiamoney Brokers Poll 2005 rates Motilal Oswal Securities - Best Local Brokerage, Most Independent Research Brokerage, Best in Sales and Servic[19].
- In 2000, Motilal Oswal Securities Ltd. received the Asia Money award for the Best Domestic Equity house[20].
References
- ^ [1]
- ^ [2].Motilal Oswal official website .
- ^ "Motilal Oswal had been elected the director of BSE and joined the governing board in 1998 Retrieved 2009-12-10.
- ^ "Depository Participants" Retrieved 2009-12-10
- ^ "Depository Participants with CDSL" Retrieved 2009-12-11
- ^ [3]
- ^ [4]
- ^ [5]..
- ^ [6]
- ^ "StarMine honours country’s best analysts" Retrieved 2009-12-12
- ^ [7] Motilal Oswal official website
- ^ "Motilal Oswal Securities Ltd. Wins The NASSCOM-CNBC IT User Award-2008" Retrieved 2009-12-12
- ^ "Motilal Oswal Securities Wins Franchise Award 08" Retrieved 2009-12-12
- ^ "Dun & Bradstreet survey" Retrieved 2009-12-12
- ^ "Best Country Research by Asia Money Brokers Poll 2007, Local Brokerage 2006 in the Asia Money Brokerage Polls for India, 2005 as well as the Most Independent Research" Retrieved 2010-02-24
- ^ "MOCBPL awarded Outstanding Commodity Broking House award" Retrieved 2009-12-12
- ^ "Asiamoney brokers poll, awarded Motilal Oswal Securities Ltd. the Most Independent Research Brokerage amongst Hedge Funds".Retrieved 2009-12-12.
- ^ "Motilal Oswal official website"
- ^ "Motilal Oswal official website"
- ^ "Motilal Oswal official website"
External links
Categories:- Financial services companies of India
- Companies based in Mumbai
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