Teena Virmani

Kotak Securities Ltd. (KSL) is an equity brokerage firm headquartered in Mumbai, India. The firm was founded in 1994 and is a subsidiary of Kotak Mahindra Bank Ltd. (NSE: KOTAKBANK). KSL offers a full-service stock broking service to retail and institutional investors across all segments of the capital market. Through a tie-up with partner brokers, they also provide direct access to the US markets.

Tata Asset Management Pvt Ltd. (TAMPL) is a fund management firm headquartered in Mumbai, India. The firm was founded in 1994 and is a subsidiary of Tata Sons Pvt. Ltd. TAMPL manages investments of Tata Mutual Fund, a mutual fund registered with SEBI. The firm also offers portfolio management services to high-net-worth individuals and advisory services to offshore investors/funds that invests in India.

Aditya Birla Sun Life Insurance Co. Ltd. (ABSLI) is an Indian life insurance firm which was founded in 2000 as a joint venture between the Aditya Birla Group and Sun Life Financial Inc., an international financial services organization in Canada. Headquartered in Mumbai, ABSLI offers a range of products across the client’s life cycle, such as children future plans, wealth protection plans, retirement and pension solutions, health plans, traditional term plans and Unit Linked Insurance Plans (ULIPs).

HDFC Securities Ltd. is a securities brokerage firm headquartered in Mumbai, India. The firm was founded in 2000 and is a subsidiary of HDFC Bank Ltd. (NSE: HDFCBANK). HDFC provides brokerage services across different asset classes such as equity, gold, debt, real estate, stocks, derivatives, mutual funds, fixed deposits, NCDs, insurance, bonds and currency derivatives.

Karvy Stock Broking Ltd. (KSBL) is an independent brokerage firm headquartered in Hyderabad, India. The firm offers stock broking services to corporate, institutions and individual investors. Their services include share trading, currency trading, demat services and investment in various financial products at competitive brokerage charges in each segment. KSBL offers a user-friendly online trading platform in the industry that provides the benefits of trading in equities, derivatives and currencies. It also facilitates investments in bonds, NCDs, exchange traded funds (ETF) and mutual funds.

DAM Capital Advisors Ltd. (Broker) (DAM Capital-Broker) is the securities broker division of DAM Capital Advisors Ltd., an integrated full-service equity-focused Investment Bank and Institutional Equities platform headquartered in Maharashtra, India. The firm was founded in 1993 and formerly known as IDFC Securities Ltd. DAM Capital-Broker offers proficient and effective research and broking services to marquee global and local institutions investing in Indian equities.

Prabhudas Lilladher Pvt Ltd. (PL) is an investment research firm headquartered in Mumbai, India. The firm was founded in 1983 and provides various global equity research reports for institutional and retail clients. PL covers over 150 stocks that span across 20 mid and large sectors. Their Research Desk is comprised of dedicated teams for technical and fundamental research, conducting painstaking research to beat the market time and again. The lab has internally developed analytical tools and models that have consistently provided clients with an edge over the market. The findings of the research team take shape in the form of their various daily, monthly and quarterly; fundamental & technical research reports.

Nuvama Wealth Management Ltd. (Nuvama) is the securities brokerage subsidiary of Edelweiss Financial Services Ltd. (NSE: EDELWEISS) in India. Formerly known as Edelweiss Securities Ltd., the firm is headquartered in Mumbai and provides brokerage services to global and domestic institutional investors. Nuvama offers perspective and fundamental research on economic issues, emerging themes and strategic analysis. They cover more than 250 stocks across 25+ sectors. Their trading desk offers multiple platforms that enable seamless execution of complex trades, across the entire gamut of trading strategies.

Anand Rathi Financial Services Ltd. (ARFS) is an independent securities brokerage firm headquartered in Mumbai, India. The firm was founded in 1994 as Anand Rathi Securities Ltd. ARFS provides Indian equities trading capabilities in the mid and small-cap companies to institutions, corporations, high net-worth individuals and families.

Dolat Capital Market Pvt Ltd. is an independent brokerage firm headquartered in Mumbai, India. The firm was founded in 1970 to offer equity research services, trade execution and settlement (equities and derivatives) to institutional clients. They specialize in the Indian mid-market coverage across sectors.

JPMorgan India Pvt Ltd. is the Indian broker-dealer subsidiary of JPMorgan Securities India Pvt Ltd. and their ultimate parent is JPMorgan Chase & Co. (NYSE: JPM) in the US. Headquartered in Mumbai, JPMorgan India provides clients in India with a comprehensive range of corporate and investment banking services.

Kalani & Co. is an accounting firm that provides accounting services. The private company was founded in 1952. The company is based in Jaipur, India.

Batlivala & Karani Securities India Pvt Ltd. (B&K Securities) is an independent brokerage firm headquartered in Mumbai, India. Founded in 1998, B&K Securities offers investment and financial services such as equity, debt, currency and derivatives research, sales and trading for institutional and corporate clients.

CLSA (India) Pvt Ltd. (CLSA India) is a brokerage firm headquartered in Mumbai, India. The firm was founded was founded in 1994 and is a subsidiary of CLSA BV, ultimately owned by CITIC Securities Co., Ltd. (SHA: 600030) in China. CLSA India provides execution services to various investors.

ICICI Securities Ltd. (Broker) is the brokerage division of ICICI Securities Ltd., a subsidiary of ICICI Bank Ltd. (NSE: ICICIBANK) in India. Headquartered in Mumbai, the firm was founded in 1995 and offers retail trading and investment services for corporates, financial institutions, high net-worth individuals and retail investors.

Part of Macquarie Group Ltd., Macquarie Capital Securities (India) Pvt Ltd. is an Indian company that provides brokerage services. The company is based in Mumbai, India. Founded in 1995.

Emkay Global Financial Services Ltd. (Broker) (Emkay-Broker) is the securities brokerage division of Emkay Global Financial Services Ltd. (NSE: EMKAY), a publicly held financial services company headquartered in Mumbai, India. Founded in 1995, Emkay-Broker offers commodities, currency derivatives and retail broking services to various investors.

Dalal & Broacha Stock Broking Pvt Ltd. is a financial services company founded in 1961 and based in Mumbai, IN. The private company's core philosophy is long-term value investing, zero speculation, integrity, and transparency in all its dealings. The Indian company offers a range of financial solutions and services, including wealth management and financial planning, portfolio management services, NRI services, equity advisory, institutional equity, fixed income and distribution, depository services, and equity research. The company has a team of resourceful and highly qualified experts who provide customised financial solutions to high net worth clients, family offices, and corporates. Dalal & Broacha has evolved from an execution-focused team to integrated wealth managers, and has over 20,000 clients spread over retail, corporates, banks, mutual funds, and FIIs.

Evalueserve.com Pvt Ltd. (dba Evalueserve) is an AI-enhanced managed services global provider headquartered in Gurgaon, India. The firm was founded by Alok Aggarwal and Marc Vollenweider in 2000. They are owned by Evalueserve Holdings AG in Switzerland. More than 30% of the Fortune 1000, which includes over 25,000 platform users, rely on Evalueserve’s intelligence and analytics to strengthen and accelerate decision-making. Their solutions uniquely combine expert services with domain-specific AI and have been recognized by analysts such as Forrester and Chartis. Evalueserve’s solutions include data analytics, insights and advisory, intellectual property and R&D, investment banking services, lending services, private equity services, and risk and compliance. These solutions are powered by Evalueserve’s modular AIRA (AI for Research and Analytics) ecosystem, which includes domain-specific accelerators, products, and platforms. Evalueserve experts use these tools to reduce time to value and integrate new solutions into existing workflows. Notable products and platforms include Insightsfirst, Insightloupe, Publishwise, Spreadsmart, and Compsbuilder. The firm supports three categories of firms: financial services, corporates, and professional services. Specifically, this includes Investment Banks, Corporate and Commercial Banks, Asset and Wealth Management Firms, Private Equity and Venture Capital Firms, Index Providers, Technology and Telecom, Life Sciences and Healthcare, Manufacturing and Industrial Goods, Energy, Chemicals, CPG and Retail, Logistics and Transportation, Professional Service Firms, Consultancy and Advisory Firms, Legal Firms, Real Estate Firms, Education and EdTech Firms.

Part of Reliance Capital Ltd., Reliance Securities Ltd. is an Indian company that provides brokerage services. The company is based in Mumbai, India.

Part of Edelweiss Financial Services Ltd., Edelweiss Capital Ltd. (Securities) is an Indian company that provides brokerage services. The company is based in Mumbai, India. The company was founded by Venkatchalam Arakoni Ramaswamy.

Part of Centrum Capital Ltd., Centrum Broking Ltd. is an Indian brokerage company. The company is based in Mumbai, India. The company was founded in 1977. Nischal Maheshwari has been the CEO of the company since 2018.

Asian Markets Securities Pvt Ltd. is a financial service firm based in Mumbai, IN. The private company was founded in 1997 by Kailash Biyani, who has been the CEO since then. Asian Markets Securities specializes in equity markets and offers a range of services, including institutional research and broking, portfolio management services, equity and mutual fund advisory services. Asian Markets Securities has over three decades of experience in institutional trading and research, and its team of analysts delivers winning ideas across 12 sectors with a unique combination of differentiated insights and corporate and channel connections. The company's office is located at B-709, Express Zone, Western Express Highway, Opp Adani Electricity, Malad East, Mumbai, MH 400097. The company has transformed from a traditional Indian brokerage arbitrage firm to a full-service financial powerhouse.

Nomura Financial Advisory & Securities (India) Pvt Ltd. (NFASPL) is a brokerage firm headquartered in Mumbai, India. The firm was founded in 2007 and is a subsidiary of Nomura Holdings, Inc. (TYO: 8604) in Japan. NFASPL provides stock broking, merchant banking and research to various investors.

Part of S & P Global, Inc., CRISIL Research is an Indian company that provides investment research. The company is based in Mumbai, India and was founded in 2010.

Part of Accenture Plc, Accenture India Pvt Ltd. is an Indian company that provides business management consulting services. The company is based in Mumbai, India and was founded in 1991.

Motilal Oswal Asset Management Co. Ltd. (MOAMC) is the fund management subsidiary of Motilal Oswal Securities Ltd., ultimately held by Passionate Investment Management Pvt Ltd. in India. Headquartered in Mumbai, MOAMC was founded in 2008 and serves as the investment manager of the Motilal Oswal Mutual Fund range. The firm also provides portfolio management services for high-net worth individuals.

LIC Mutual Fund Asset Management Ltd. (LIC Mutual Fund) is a mutual fund management firm headquartered in Mumbai, India. The firm was founded in 1989 by the Life Insurance Corporation of India (LIC). In 2012, they became a joint venture between Life Insurance Corporation of India and Nomura Asset Management. LIC Mutual Fund manages investment funds for individual and institutional investors.

NetScribes (India) Pvt Ltd. is an investment research firm headquartered in Mumbai, India. It was founded by Sourav Mukherjee in 2000. The firm is a global market intelligence and content services provider that helps corporations achieve strategic objectives through a wide range of offerings. Their solutions rely on a unique combination of qualitative and quantitative primary research, secondary/desk research, social media analytics, and IP research. They cover the following industries: Information Technology, Professional Services, Banking & Finance, Insurance, Healthcare & Life Science, Consumer Packaged Goods, Retail & E-Commerce, and Manufacturing.

Edelweiss Financial Services Ltd. (Broker) (Edelweiss-Broker) is the securities broker division of Edelweiss Financial Services Ltd. (NSE: EDELWEISS), an investment and financial services company headquartered in Mumbai, India. The firm was founded by Rashesh C. Shah in 1996. Edelweiss-Broker provides broking services to global and domestic institutional investors.

Haitong Securities India Pte Ltd provides online share trading services. The company is headquartered in Mumbai, India.

Part of YES BANK Ltd., YES Securities (India) Ltd. is a brokerage firm. The company is based in Mumbai, India. The company was founded in 2013. Prasanth Prabhakaran has been the CEO of the Indian company since 2017.

PP Shah & Co. provides accounting services. The private company is based in Ahmedabad, India.

Part of Aranca US, Inc., Aranca Pvt Ltd. is an Indian company that provides business management consulting services. The company is based in Mumbai, India.

IIFL Wealth Management Ltd. (Research Firm) (IIFL Wealth Research) is the investment research division of IIFL Wealth Management Ltd. in Indiana. Headquartered in Mumbai, IIFL Wealth Research provides research reports and analysis to high net-worth and ultra-high net worth individuals, family offices and institutional clients. Their research expertise spans macroeconomics, sectoral research and industry-specific equity research across Indian, emerging and global markets.

Nepean Capital LLP is an independent hedge fund manager headquartered in Mumbai, India. The firm was founded by Gautam Trivedi and Anand Trivedi. Nepean Capital manages Funds that invest in Public & Private markets in India. The funds are structured as Alternative Investment Funds (AIF) Category II & III registered with the Securities and Exchange Board of India (SEBI).

Part of PricewaterhouseCoopers International Ltd., PwC India LLC is an Indian company that provides accounting advisory, tax and regulatory services. The company is based in Gurgaon, India.

Part of Mirae Asset Financial Group, Mirae Asset Capital Markets (India) Pvt Ltd. is a diversified and well-integrated financial services company based in Mumbai, IN. Established in 2017, the company has an initial capital of US $300 million to support investment banking business by investing across debt and equity instruments. The Indian company offers innovative, thought-provoking research and powerful investment strategies for corporates, cutting through the clutter across the investment landscape. The company aims to offer a full range of top-quality services including investment banking, investment, advisory services, proprietary trading, and brokerage. Jisang Yoo has been the CEO of the company since 2021.

Ventura Securities Ltd. provides securities brokerage services. The private company is based in Mumbai, India. and has subsidiaries in India. The company was founded in 1994. The CEO is Hemant Kulin Majethia.

Elara Securities (India) Pvt Ltd. (Elara Securities India) is a securities brokerage firm headquartered in Mumbai, India. The firm was founded in 2007 and is a subsidiary of Elara Capital (India) Pvt Ltd., which is owned by Elara Capital Plc in Great Britain. Elara Securities India is a market maker across Indian cash equities and equity derivatives and offers execution services across a host of platforms, state of the art services in term of DMA, algorithm trading, and state of the art programs. They serve long only funds, hedge funds and asset management companies and private banks amongst other institutions.