Motilal Oswal Group

Motilal Oswal Financial Services Ltd. (BSE, NIFTY, NASDAQ, Dow Jones, Hang Seng) is a diversified financial services firm offering a range of financial products and services such as Wealth Management, Retail Broking and Distribution, Institutional Broking, Asset Management, Private Equity, Investment Banking, Commodity Broking and Principal Strategies.^[1]

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 in 1998.

Motilal Oswal Securities is a Depository Participant of NSDL^[3] and a Depository Participant of Central Depository Services Limited (CDSIL)^[4] in 2000. The company started offering Derivatives products and advisory services on both BSE as well as NSE in 2001^[5]

In 2006, the company entered Private Equity and Investment Banking business.^[5] In the same year, Motilal Oswal group acquired South Indian brokerage firm – Peninsular Capital Markets.^[6] The company tied up with State Bank of India and Punjab National Bank^[7] in 2006 and 2007 to offer online trading to its customers. 2008 saw the company create one of India's largest Equity^[8] 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

• Motilal Oswal Securities won the Best Performing Equity Broker (National) Award at CNBC TV18 Financial Advisor Awards 2013 held in Mumbai.^[9]
• Motilal Oswal Financial Services Ltd's Analyst Mr. Jinesh Gandhi won the Best Market Analyst Award for the categories Equity-Auto at ‘India`s Best Market Analyst Awards 2013 organized by Zee Business.^[10]
• Motilal Oswal Securities was declared "Best Equity Broker" at Bloomberg UTV Financial Leadership Awards in April 2012.^[11]
• Motilal Oswal Securities was awarded with Best Performing National Financial Advisor Equity Broker Award in 2012, second time in succession.^[12][13]
• Motilal Oswal Financial Services was honoured with an award for Best Use in PR in Financial Services Category at India PR & Corporate Communications Awards 2012.^[14]
• Motilal Oswal Securities received Best Equity Broking House Award by BSE IPF-D&B Equity Broking Awards 2011 ^[15]
• Motilal Oswal Mutual Fund's MOSt Shares M50 ETF was adjudged Most Innovative Fund of the Year by CNBC TV18 CRISIL Mutual Fund Award 2011 ^[16]
• CNBC TV18 awarded Motilal Oswal the Best Performing Equity Broker Award in 2010 at CNBC TV18 Financial Advisor Awards 2010 ^[13]
• Best Capital Markets & Related NBFC Award for FY11 by CNBC TV18 India Best Banks & Financial Institutions Awards 2011^[17]
• 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 ^[18]
• Motilal Oswal Securities Ltd. rated as No.1 Broker in ET Now – Starmine Analyst Awards 2009[10].^[19]
• MOSL awarded 'The Best Franchisor in Financial Services' by Franchisee.^[20] World Magazine 2008 for the second consecutive year.
• Motilal Oswal Securities Ltd. wins the “Best Research as Research Showcase Partner” at RESEARCHBYTES IC AWARDS 2014. The winners were selected from a poll of over 1500 Fund Managers/Analysts!.^[21]
• Motilal Oswal Securities received two awards for its equity research in IT and commodity (forex) segments at India's Best Market Analyst Awards 2014, India's biggest Financial Market Awards also called as ZEE Business Awards 2014. ^[22]

SEBI Judgement

The company had to pay 500,000 Rupees as settlement as a consequence of their involvement in a series of IPO irregularities in the years 2003-2005.^[23]

See also

• List of private equity firms

References

External links

• Motilal Oswal