destimoney securities ltd company profile
TRANSCRIPT
Presented By: Narayan Gaonakar
The pace at which the equity cult is growing and the stock market boom of
1985 have meant not only a phenomenal increase in the number of
investors but a so a change in the profile of the stockbroking community.
Stock-broking is essentially a function of the capital market, which offers
the best value proposition for the development of industry. "The business
of brokers consists of searching out buyers when their customers wish to
sell and sellers when their customers wish to buy and arranging
transactions in accordance with their customers' instructions."' Brokers
charge a commission on each purchase and sale, which they execute, but
they ordinarily get nothing unless they can complete a transaction
Industry Profile:
Destimoney is
promoted by New
Silk Route- A
leading Asia-
focused growth
capital PE firm
founded in 2006
with over $1.5
billion under
management
Dhanalaxmi
Bank , a
scheduled
commercial bank,
is our esteemed
shareholder. With
a nation wide
presence, it
provides a
comprehensive
range of banking
services.
Destimoney is amongst India's Leading Financial services organization in the country today, providing stock broking & investment advisory services to its clients. Destimoney is established in 2006 and top management continues to inspire towards delivering customer value & delight. The firm having a manpower strength of over 1,722 dedicated employees present in 20 states, they are large enough to deliver value but flexible enough to provide people with a highly personalised service.
Leadership:Destimoney Securities is led by Sudip Bandyopadhyay (MD & CEO Destimoney Securities) . A Chartered Accountant by profession, Mr. Bandyopadhyay has over 25 years of experience in the financial sector. He was responsible for building Reliance Securities (Reliance Money) into one of the largest broking and distribution house in the country. Jhuma Guha ( President), K Giri (Chief Finance Officer) are key people.
To build a world class customer centric financial services entity that accomplishes the financial needs of 'Middle Class India' with global processes.
To focus on profitable growth,
To unlock potential across four dimensions: Individual, Team, Customer and Marketplace.
To forge strong, sustained relationships with our clients by creating value for them.
To get a thorough insight into client's financial needs and goals & offer customized solutions. Uphold clients trust in our products & services. Endeavour to protect & increase client's capital. Enable transparent and knowledge based investment process & systems.
Service Offerings:
Destimoney offers its trading services to customers across segments like Equity, Equity Derivatives, Commodity and Derivatives & Currency Derivatives.
Modes of Operations:
Branch network Call & trade Online trading platform Call & trade Mobile
Products Offered:
OPTION STRATEGY: An option strategy is a unique feature of Destimoney. It
has three products under this heading. With this feature clients can trade in
derivatives segment in any type of market.
EQUISIP: Destimoney Equips is a disciplined and easy way to invest in the
equity markets, which helps in accumulating wealth by marking small,
regular investments. Equips allows you to invest in the equity markets with
pre-fixed amounts or quantitates at defined intervals in NIFTY ETF's and Gold
ETF's.
NIVESHDHAN: NiveshDhan is Destimoney's unique special subscription
scheme. Unlike any other available product in the market, under Niveshdhan
the client can opt to subscribe to a special subscription scheme from a wide
range of amounts – from Rs.2500 to Rs. 100000.
DELIVERY: Delivery product allows us to purchase stock against our credit
balance and sell stock only from our holding. On purchase transactions, there
will be 100% margin blocking for the trading day. Sell transactions will be
allowed based on holdings available and sale proceeds would be released for
the trading day. This product is ideal for clients with investment perspective.
INTRA-DAY: Intra-day product enables clients to take leverage in intraday
position in cash & futures. Unlike delivery product, instead of blocking 100%
as margin, under this product only a pre-specified percentage is blocked as
margin. Clients can buy and sell specific stocks during the day.
AFTER MARKET ORDERS (AMO): At Destimoney, we understand that our
clients work in a fast paced environment. With our After Market Order option
you can now place orders after-market hours. Orders placed after-market
hours are sent to the exchange whenever the exchange next opens for
trading.
BUY TODAY & SELL TOMORROW (BT&ST): Under
this product client can BUY shares TODAY and SELL
same tomorrow. This is a facility that allows to sell
shares even one day after the buy order date, without
you having to wait for the receipt of shares into your
demat account.
Wealth Management Process:
Wealth management process involves risk profiling, asset allocation, execution, regular update and Clients portfolio monitoring and rebalancing.
Client Centric Process:Client Centric process is an ongoing process with defined steps that involve strategic financial planning, execution, review and management with a client centric approach to manage the existing wealth and help in long-term wealth creation.
Swot Analysis:
1. Strength
• Wide range of products to suit
the unique trading patterns of
each individual investor.
• Known for consultative and
transparent.
• Hi-Tech Dealing Room with best
communication facilities.
• Emphasis on building stronger
bond with customers.
2. Weakness
• Less penetration in rural areas.
• Indians are mostly conservative and
prefer investing in Gold and land.
3. Opportunity:
• High purchasing power and people
looking to more investment
opportunities.
• Growing rural market.
• Earning Urban Youth.
4. Threats:
• Stringent Economic measures by
Government and RBI
• Entry of foreign finance firms in Indian
Market
• Competition- Competitors-Sharekhan ,
IIFL, Indiabulls, Angle broking etc.
Swot Analysis:
THANK YOU
HAPPY INVESTING