Motilal Oswal Financial Services

Overview
Motilal Oswal Financial Services is a well diversified financial services group having businesses in securities, commodities, investment banking and venture capital.
With 1300 business locations and more than 3,85,000 customers in over 425 cities, Motilal Oswal is well organised to handle all wealth creation and wealth management needs of individuals and institutions.

The company has placed 9.48% of equity with two leading private equity investors - New Vernon Private Equity Limited and Bessemer Venture Partners at post money company valuation of Rs. 1345 crore (Rs. 13.45 billion)in year 2007.

Motilal Oswal Financial Services Ltd., consists of four companies.

Motilal Oswal Investment Advisors Pvt. Ltd. is our Investment Banking arm with collective experience of over 100 years in investment banking/corporate banking and advisory services

Motilal Oswal Commodities Broker (P) Ltd. has been providing commodity trading facilities and related products and services since 2004.

Motilal Oswal Venture Capital Advisors Private Limited has launched the India Business Excellence Fund (IBEF), a US$100 mn India focused Private Equity Fund.

Motilal Oswal Securities Ltd. (MOSt) is a leading research and advisory based stock broking house of India, with a dominant position in both institutional equities and wealth management. The services include equities, derivatives, e-broking, portfolio management, mutual funds, commodities, IPOs and depository services.

In March 2006, AQ Research, a firm that analyses the accuracy of a broker’s research call, declared Motilal Oswal Securities the best research house for Indian stocks.

Research is the solid foundation on which Motilal Oswal Securities advice is based. Almost 10% of revenue is invested on equity research. At present (Feb 2008) there are 24 equity analysts researching over 26 sectors. From a fundamental, technical and derivatives research perspective; Motilal Oswal's research reports have received wide coverage in the media (over a 1000 mentions last year).

Motilal Oswal Securities has witnessed rapid organic growth due to favorable market conditions as well as efforts put in by the company itself. FY05 and FY06 saw the company grow inorganically through acquisition of three significant regional broking firms from Karnataka, Kerala and UP. Over a period of time many more regional broking firms may be acquired to gain solid footing in various regions of India.
The company has also established a base in the UAE to address the needs of the overseas audience.

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 have enabled us to blossom into an almost two thousand-member team.

The institutional business unit has relationships with almost all leading foreign institutional investors (FIIs) in the US, UK, Hong Kong and Singapore.

The retail business unit provides equity investment solutions to more than 3,85,000 investors through 1300 Business locations spanning over 425 cities. These solutions are provided by a force of over 2000 employees and over 808 Business Associates.

Services provided are advice-based broking (equities and derivatives), portfolio management services (PMS), e-Broking, depository services, commodities trading, IPO and mutual fund investment advisory services.

The Value Portfolio has demonstrated very strong performance backed by our single-minded focus on research-based value investing and the experience and management of Mr. Raamdeo Agrawal – an acknowledged expert in value investing.

Wealth Creation Study, a unique initiative, authored by Mr. Raamdeo Agrawal, Managing Director, is now in its eleventh year. Investors keenly await this annual study for the wealth of information it has on how companies created wealth during the preceding five years.

The organization finds its strength in its team of young, talented and confident individuals. Qualified professionals carry out different functions under the able leadership of its promoters, Mr. Motilal Oswal and Mr. Raamdeo Agrawal.

The company claims that it adheres to stringent employee selection process, focus on continuous training and adoption of best management practices in its quest to achieving its Core Purpose and Values.


Core Purpose

To be a well respected and preferred global financial services organization enabling wealth creation for all our customers.


Values

Integrity : A company honoring commitment with highest ethical and business practices.

Team Work : Attaining goals collectively and collaboratively.

Meritocracy : Performance gets differentiated, recognized and rewarded in an apolitical environment.

Passion & Attitude : High energy and self motivated with a “Do It” attitude and entrepreneurial spirit.

Excellence in Execution : Time bound results within the framework of the company’s value system.