3cet Report
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Transcript of 3cet Report
COMPANY PROFILEReligare is a financial services company in India, offering a wide range of financial products and services targeted at retail investors, high net worth individuals and corporate and institutional clients. It is promoted by the promoters of Ranbaxy Laboratories Limited. As on September 30, 2007 it operated from 6 regional offices and 40 sub-regional offices and had presence in 392 cities and towns controlling 1,217 locations managed by it and its Business Associates all over India, as well as a representative office in London. While the majority of offices provide the full complement of services, it also has dedicated offices for its investment banking, institutional brokerage, portfolio management services and priority client services. Religare Enterprises Limited is the holding company for our subsidiaries. Its principal subsidiaries include: Religare Securities ltd. (“RSL”).
Registered with SEBI as an approved stockbroker with membership of National Stock Exchange (“NSE”) and Bombay Stock Exchange (“BSE”).
NSE: SEBI Registration. No: INB 230653732 and INF 230653732 TM Co: 06537 Clearing Member (F&O) No. M50235 BSE: SEBI Registration. No: INB 010653732 and INF010653732; Clearing No: 3004
Registered with SEBI for portfolio management services (“PMS”) PMS Registration No: INP 000000738 MAPIN No: 100001834 Registered with SEBI as a Depository Participant providing services of National Securities Depository Limited (“NSDL”) and Central Depository Services Limited (“CDSL”). NSDL:
DP ID: IN 301774 | SEBI Regn. No: IN-DP-NSDL-150-2000 | CDSL DP ID: 30200 SEBI Regn. No: IN-DP-CDSL-202-2003.
Registered with SEBI as Category I merchant banker. SEBI Merchant Banking Registration No: MB/INM000011062. Applied with SEBI to be sponsor of an asset management company (“AMC”) in a joint
venture with AEGON International N.V., a global provider of life insurance and Pension services.
The company has divided its product and service offering under three broad client interface categories: “Retail Spectrum”, “Wealth Spectrum” and “Institutional Spectrum”.
Retail Spectrum covers equity brokerage services, commodity brokerage services, personal financial services (financial planning for the retail investor, including the distribution of mutual funds, savings products, life insurance and initial public offerings (“IPOs”) and personal credit (personal loans services (“PLS”) and loans against shares (“LAS”)). Historically, the service offered in this spectrum has been the most substantial part of its business. Retail Spectrum services in India are being offered through a network of 1,217 Business Locations spread across 392 cities and towns and also through our online platform, www.religareonline.com, which is being developed as an integrated portal to offer financial and other services. Business Locations include intermediaries, or its “Business Associates”, who deliver a standard quality of service offering on the basis of a pre-determined revenue sharing ratio for the business generated through them. Retail Spectrum focuses on clients who keep less than Rs. 2.5 million on a continuing basis, in the form of either equity trading account margin, mutual fund investment, portfolio management investments or insurance premiums paid up. It has also increased its local commodity locations (or “mandis”) from 42 as of March 31, 2007 to 50 as of September 30, 2007 in order to expand retail commodity brokerage services.
Wealth Spectrum covers products and services which are geared to service high net worth individuals and provide wealth advisory services (on an asset allocation model), PMS (discretionary equity investments), priority client equity services (non-discretionary equity trading services), art initiatives (an art fund which we intend shortly to launch as an investment diversification product) and international equity investment advisory services. The firm has entered into an exclusive arrangement with Wall Street Electronic, Inc., a New York broker-dealer, to give Indian clients access through it to U.S. markets. Wealth Spectrum focuses on clients who keep at least Rs. 2.5 million on a continuing basis or more in the form of equity trading account margins, mutual fund investments, portfolio management investment or insurance premiums paid up.
Institutional Spectrum covers products and services which cater under one service offering to corporate and institutional clients, including domestic mutual funds, FIIs, banks and corporate customers. The Institutional Spectrum provides services to the institutional investor community through institutional brokerage and investment banking services. We also link corporate clients with a transaction advisory group, which consists of account managers through whom institutional clients are able to access the full range of our services.
VISION"To be the leading emerging markets financial services group driven by innovation, delivering
superior value for all stakeholders globally".
MISSION“PROVIDING COMPLETE FINANCIAL CARE DRIVEN BY THE CORE VALUES OF
TRANSPERANCY AND DILIGENCE”
BRAND ESSENCE
Core brand essence is Diligence and Religare is driven by ethical andDynamic processes for wealth creation
RELIGARE SECURITIES LTD
Member of National stock exchange of India and Bombay stock exchange of India and depository participant with national securities depository limited (NSDL) and central depository services limited (CDSL). A SEBI approved portfolio manager.RSL provides platform to all segments of investors to leverage the immense opportunity offered by equity investing in India either on their own or through managed funds in portfolio management.The A.R.N NO. Of Religare securities limited are 33764. The A.R.N NO. Is required by the brokers who deal on behalf of the investors or sell the mutual funds of different companies present in the market.
THE RELIGARE EDGE
Diverse offerings Dynamic management team State of the art technology Vast distribution and reach Robust brand recognition Synergistic partnerships Innovative initiatives Pan India footprint Powerful research and analytics supported by a pool of highly skilled research analysts Ethical business practices Single window for all investment needs through your unique CRN
DIRECTORS OF RELIGARE SECURITIES LTD CHAIRMAN: MR.HARPAL SINGH MANAGING DIRECTOR: MR.SUNIL GODHWANI DIRECTOR: MR.VINOD KUMAR KAUL DIRECTOR: MR.MALVINDER MOHAN SINGH DIRECTOR: MR.SHIVENDER MOHAN SINGH
ORGANIZATION STRUCTURE
Religare diversification
Religare Finvest Limited Lending and Distribution business
Religare Finance Ltd.Capital Market Financing
Religare - Milestone JV with Milestone Capital to manage a healthcare and education fund
Vistaar Religare Capital Advisors Ltd. JV with Vistaar Entertainment Ventures for film fund India's first ever film fund
Religare Insurance Broking Limited Life Insurance Broking Business Non-Life Insurance Broking Business
Religare Arts Initiative Limited Business of Art Art Gallery Art Advisory
Religare Macquarie Wealth Mgmt. Ltd. JV with Macquarie for Wealth Management Business
Religare Venture Capital Limited Private Equity and Investment Manager
Religare Capital Markets Limited PE and M&A Advisory Institutional Broking
Investment Banking
Religare AMC Limited Asset Management Business Portfolio Management
Religare Commodities Limited Commodity Broking Business
AEGON Religare Life Insurance Co. Ltd. Life Insurance Company JV with Aegon(26%) Religare (44%), and Bennett & Coleman (30%)
Religare Securities Limited Retail Equity Broking Online Investment Portal Depository Services
RELIGARE’S JOINT VENTURES
AEGON RELIGARE LIFE INSURANCE
RELIGARE MACQUARIE WEALTH MANAGEMENT COMPANY
VISTAAR RELIGARE- THE FILM FUND
MILESTONE RELIGARE-PRIVATE EQUITY FUND
GROUP COMPANIES OF RELIGARE
FORTIS HEALTHCARE LTD
SUPER RELIGARE LABORATORIES LTD
RELIGARE WELLNESS LTD.
RELIGARE TECHNOVA LTD.
COMPETITORS There are several financial securities companies playing their roles in Indian equity market but Religare faces competition from these few companies.
ICICI Direct Share khan Kotak securities.com India bulls India infoline Motilal oswal HDFC securities Angel broking Nirmal bang securities Micro sec share broking
SERVICES OFFERED TO CUSTOMERS
PRODUCTS EQUITY BROKING-BSE and NSE COMMODITIES TRADING- NCDEX and MCX CURRENCY FUTURES MUTUAL FUNDS DEPOSITORY SERVICES-CDSL and NSDL DERIVATIVES-FUTURES and OPTIONS INTERNET BROKING –ONLINE TRADING INSTITUTIONAL BROKING PORTFOLIO MANAGEMENT SERVICES INITIAL PUBLIC OFFERS MUTUAL FUND INVESTMENTS SYSTEMATIC INVESTMENT PLAN
RSL
EQUITY
COMMODITY
MUTUAL FUND
INSURANCE
WEALTH ADVISORY
INVESTMENT BANKING
PERSONAL CREDIT
ARTS INITIATIVE
SWOT OF RELIGARE SECURITIES LTD(RSL)
Strengths :
No annual maintenance charge for online broking services Diverse portfolio under one roof Offer one of the lowest brokerage Best equity research team No Stamp duty
Weakness : Website is not updated Customers are not satisfied irresponsibility of the RM
OPPORTUNITY : Religare is coming up with their own Banking Religare is changing working culture drastically which might lead more
satisfied customers and employees.
Threats :
Cut throat competitions Awareness of the company is still not there in public.
STP
Segmentation :
Branch : south city
Reason for choosing south city as the branch
Potential New entrance Existing investor Brand switcher opportunity
Targeting
High middle class income people Posh resident near by which will bring huge potential customer
Positioning
Positioning the branch and the brand as the best alternative available there Offering the mix of all the financial services excluding personal, home and
education loan
Our branch designations are:-
AVP (EASTER REGION) :- AVISHEK BASU
AVP –EQUITY :- JOYDEEP GHOSH
SR. BRANCH MANAGER :- SUBARNA SAHA
MANAGER EQUITY :- AVISHEK SAHA
MANAGER EQUITY :- ALOK CHIRANYA
MANAGER EQUITY :- SUJOY SAHA
RELATIONSHIP MANAGER :- SUMANTO GHOSH
RELATIONSHIP MANAGER :- NILADRI SEKHAR SENGUPTA
TECHNOLOGY :-
Odin , LD, FAST TRADE , AXIS
Odin & FAST TRADE for trading purpose
LD & AXIS FOR BACK OFFICE PURPOSE
CONSUMER BEHAVIOR
The consumer want to invest with a long term strategy rather than short term in equity market
As silver is rising everyone wants to work in silver Consumer don’t want to keep huge money as margin Many consumer are still waiting for another correction to happen in the
market at that time only they will invest.