Financial services | |
Industry | Finance |
Founded | Mumbai, India, 1987 |
Headquarters | Motilal Oswal Tower, Prabhadevi, Mumbai |
Key people
|
Motilal Oswal, Raamdeo Agrawal |
Services |
Private Wealth Management, Retail Broking & Distribution, Commodity Broking, Asset Management, Institutional Broking, Private Equity & Investment Banking Services Home Finance |
Parent | Motilal Oswal Financial Services Ltd |
Subsidiaries | Motilal Oswal Securities Ltd, Motilal Oswal Investment Services, Motilal Oswal Investment Advisors Pvt Ltd, Motilal Oswal Private Equity Advisors Pvt Ltd, Motilal Oswal Asset Management Co. Ltd, Aspire Home Finance Corporation Ltd. |
Website | [24] |
Motilal Oswal Financial Services Ltd. (, 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 Home Finance.
The company was formed in 1987 by Motilal Oswal and Raamdeo Agrawal after they acquired membership on The BSE. Motilal Oswal was elected director and joined the Governing Board of the in 1998.
Motilal Oswal Securities is a Depository Participant of NSDL and a Depository Participant of Central Depository Services Limited (CDSIL) in 2000. The company started offering Derivatives products and advisory services on both BSE as well as NSE in 2001
In 2006 the company entered Private Equity and Investment Banking business. In the same year, Motilal Oswal group acquired South Indian brokerage firm – Peninsular Capital Markets. The company tied up with State Bank of India and Punjab National Bank in 2006 and 2007 to offer online trading to its customers. 2008 saw the company create one of India's largest Equity Dealing & Advisory rooms, spread over 26,000 sq ft (2,400 m2) in Malad, Mumbai.