Param Subramanian

HSBC Securities & Capital Markets (India) Pvt Ltd. (HSBC Securities India) is a securities brokerage firm headquartered in Mumbai, India. The firm was founded in 1994 and is a subsidiary of HSBC Investment Bank Holdings BV, ultimately held by HSBC Holdings Plc (LON: HSBA) in Great Britain. HSBC Securities India offers services in Investment Banking (IB), Infrastructure and Real Estate, Equities research and stock broking. Infrastructure and Real Estate Group services are provided to governments, large corporates and top-tier banks. Equities research and stock broking primarily cater to the institutional client base which includes foreign institutional investors, foreign portfolio investors, local institutions, mutual funds, insurance companies, and select high net worth and corporate clients.

Nuvama Wealth Management Ltd. (Nuvama) is the securities brokerage subsidiary of Edelweiss Financial Services Ltd. (NSE: EDELWEISS) in India. Formerly known as Edelweiss Securities Ltd., the firm is headquartered in Mumbai and provides brokerage services to global and domestic institutional investors. Nuvama offers perspective and fundamental research on economic issues, emerging themes and strategic analysis. They cover more than 250 stocks across 25+ sectors. Their trading desk offers multiple platforms that enable seamless execution of complex trades, across the entire gamut of trading strategies.

SBICAP Securities Ltd. (SSL) is the wholly-owned brokerage subsidiary of SBI Capital Markets Ltd., itself a subsidiary of the Indian Government's State Bank of India (BOM: 500112, NSE: SBIN). The firm was created in 2006 to take over the broking operations of SBI Capital Markets Ltd., which was founded in 2001. Headquartered in Mumbai, SSL provides broking services to a range of investors including financial institutions, FIIs, mutual funds, banks, corporates, high-net worth individual, non-residential investors and retail Indian investors. Its broking product range covers Institutional and Retail Equity, Derivatives, Depository Participant services, On-Line trading and a wide variety of Third Party Distribution products.

Part of Lehman Brothers Holdings, Inc., Brics Securities Ltd. is an Indian brokerage service company. The company is based in Mumbai, India. The company was founded in 2004. The CEO is Venkatesh P. Iyer. Brics Securities was acquired by Lehman Brothers Holdings, Inc. from J.V. Gokal & Co. Pvt Ltd. on August 14, 2007.

PhillipCapital (India) Pvt Ltd. is the Indian securities brokerage subsidiary of Phillip Securities Pte Ltd., which is owned by PhillipCapital in Singapore. Headquartered in Mumbai, the firm was founded in 2012 and offers brokerage services across the asset classes of cash and derivatives (equities, commodities and currencies), Advisory Services, Distribution of IPOs/Mutual Funds/Insurance etc., Research Services, Demat services, Clearing Services, Portfolio Management Services (PMS) and Merchant Banking Services to Corporates, Foreign & Domestic Institutions, High Net Worth Individuals (HNI) and Retail clients.

Dolat Capital Market Pvt Ltd. is an independent brokerage firm headquartered in Mumbai, India. The firm was founded in 1970 to offer equity research services, trade execution and settlement (equities and derivatives) to institutional clients. They specialize in the Indian mid-market coverage across sectors.

Part of BNP Paribas SA, BNP Paribas Securities India Pvt Ltd. is an Indian company that provides brokerage services. The company is based in Mumbai, India and was founded in 2008.

Emkay Global Financial Services Ltd. (Broker) (Emkay-Broker) is the securities brokerage division of Emkay Global Financial Services Ltd. (NSE: EMKAY), a publicly held financial services company headquartered in Mumbai, India. Founded in 1995, Emkay-Broker offers commodities, currency derivatives and retail broking services to various investors.

Batlivala & Karani Securities India Pvt Ltd. (B&K Securities) is an independent brokerage firm headquartered in Mumbai, India. Founded in 1998, B&K Securities offers investment and financial services such as equity, debt, currency and derivatives research, sales and trading for institutional and corporate clients.

JM Financial Institutional Securities Ltd. (JMF-IS) is the securities arm of JM Financial Services Ltd., which is owned by JM Financial Ltd. (NSE: JMFINANCIL), an integrated financial services group based in India. Headquartered in Mumbai, the firm was founded in 1995 as ASK-Raymond James & Associates Pvt Ltd., a joint venture between India-based ASK Investment and Financial Consultants Ltd., US-based Raymond James Financial, Inc. and Bharat Shah. JMF-IS provides trade execution services as well as research and analysis with a strong focus on the Indian economy. Their clients are domestic and offshore institutions, high-net worth individuals and non-resident Indians.

JPMorgan India Pvt Ltd. is the Indian broker-dealer subsidiary of JPMorgan Securities India Pvt Ltd. and their ultimate parent is JPMorgan Chase & Co. (NYSE: JPM) in the US. Headquartered in Mumbai, JPMorgan India provides clients in India with a comprehensive range of corporate and investment banking services.

Nomura International Plc provides a variety of financial services including advisement, investment banking and asset management. It trades in and sells fixed income and equity products, including related derivatives; and provides investment banking services, and corporate finance and private equity services. The company is also involved in asset and principal finance business. It offers investment advisory and management, custody, and employment services. Nomura International was founded in 1981 and is headquartered in London, the United Kingdom.

Axis Capital Ltd. is an institutional brokerage firm headquartered in Mumbai, India. The firm was founded in 2005 and is a subsidiary of Axis Bank Ltd. (NSE: AXISBANK). Axis Capital offers an entire suite of execution services across cash and derivatives segments – with high touch and electronic trading capabilities for all their clients with access to unique pools of liquidity across large and mid-market segments.

Part of UBS Group AG, Credit Suisse Securities (India) Pvt. The company is based in Mumbai, India. The company was founded in 1996. Ltd. is an Indian company that provides brokerage services. Mihir Jagdish Doshi has been the CEO of the company since 2006.

ICICI Securities Ltd. (Broker) is the brokerage division of ICICI Securities Ltd., a subsidiary of ICICI Bank Ltd. (NSE: ICICIBANK) in India. Headquartered in Mumbai, the firm was founded in 1995 and offers retail trading and investment services for corporates, financial institutions, high net-worth individuals and retail investors.

Equirus Capital Pvt Ltd. is an investment bank based in Mumbai, IN. and has subsidiaries in India. The private company was founded in 2007 by Ajay Garg, who has been the CEO since 2007. The company's expertise in structuring and delivering transactions tailored to client needs sets them apart, and they provide proven solutions to maximize investments. Equirus has established a reputation and market presence across domains, offering expert advisory for growth, capital, and wealth management.

Ambit Capital Pvt Ltd. (Ambit) is a brokerage firm headquartered in Mumbai, India. The firm was founded in 2005 and is a subsidiary of Xero Ltd. (ASX: XRO) in New Zealand. Ambit provides customized execution services to family office, HNIs and professional investor clients. They offer innovative tactical trade ideas for special situations, Futures & Options and derivative trading, hedging strategies, block trades and Interest Rate Futures.

Goldman Sachs (India) Securities Pvt Ltd. (GS India) is the India-based broker-dealer subsidiary of Goldman Sachs Securities Co. Ltd., ultimately held by The Goldman Sachs Group, Inc. (NYSE: GS) in the US. Headquartered in Mumbai, GS India was founded in 2006 and provides execution services to corporate and institutional clients.

The Indian Institute of Technology, Madras, is among the foremost of institutes of national importance in higher technological education and in basic and applied research. The Institute, with nearly 360 faculty, 4000 students, 1250 administrative and supporting staff, is a self-contained campus and is located in a beautiful, wooded land of about 250 hectares in South Madras

Hindustan Coca-Cola Beverages Pvt Ltd. operates beverage bottling plants. The company was founded in 1997 and is headquartered in Gurgaon, India.

Part of Bank of Baroda, BOB Capital Markets Ltd. is an Indian company that provides brokerage services. The private company is based in Mumbai, India. Ratnesh Kumar has been the CEO of the company since 2016.

Futures First Info Services (Pvt) Ltd. provides information technology services. The company was founded on December 20, 2004 and is headquartered in Gurgaon, India.

Axis Asset Management Co. Ltd. (Axis AMC) is the fund management subsidiary of Axis Bank Ltd. (BOM: 532215, NSE: AXISBANK) in India. Headquartered in Mumbai, Axis AMC was founded in 2009 and manages a range of equity, debt and hybrid mutual funds for individual and institutional investors.

Part of S & P Global, Inc., CRISIL Research is an Indian company that provides investment research. The company is based in Mumbai, India and was founded in 2010.

UBS Securities India Pvt Ltd. is a broker-dealer headquartered in Mumbai, India. The firm was founded in 1996 and is a subsidiary of UBS AG, which is owned by UBS Group AG (SWX: UBSG; NYSE: UBS) in Switzerland. UBS Securities India provides stock broking services to corporate, institutional and wealth management clients.

HDFC Securities Ltd. is a securities brokerage firm headquartered in Mumbai, India. The firm was founded in 2000 and is a subsidiary of HDFC Bank Ltd. (NSE: HDFCBANK). HDFC provides brokerage services across different asset classes such as equity, gold, debt, real estate, stocks, derivatives, mutual funds, fixed deposits, NCDs, insurance, bonds and currency derivatives.

Part of Roc Search Ltd., Rocsearch India Pvt Ltd. provides business research, market information services, and analytics support services. The company is based in Noida, India and was founded in 1999.

Kotak Securities Ltd. (KSL) is an equity brokerage firm headquartered in Mumbai, India. The firm was founded in 1994 and is a subsidiary of Kotak Mahindra Bank Ltd. (NSE: KOTAKBANK). KSL offers a full-service stock broking service to retail and institutional investors across all segments of the capital market. Through a tie-up with partner brokers, they also provide direct access to the US markets.

Part of Centrum Capital Ltd., Centrum Broking Ltd. is an Indian brokerage company. The company is based in Mumbai, India. The company was founded in 1977. Nischal Maheshwari has been the CEO of the company since 2018.

Elara Securities (India) Pvt Ltd. (Elara Securities India) is a securities brokerage firm headquartered in Mumbai, India. The firm was founded in 2007 and is a subsidiary of Elara Capital (India) Pvt Ltd., which is owned by Elara Capital Plc in Great Britain. Elara Securities India is a market maker across Indian cash equities and equity derivatives and offers execution services across a host of platforms, state of the art services in term of DMA, algorithm trading, and state of the art programs. They serve long only funds, hedge funds and asset management companies and private banks amongst other institutions.

Motilal Oswal Asset Management Co. Ltd. (MOAMC) is the fund management subsidiary of Motilal Oswal Securities Ltd., ultimately held by Passionate Investment Management Pvt Ltd. in India. Headquartered in Mumbai, MOAMC was founded in 2008 and serves as the investment manager of the Motilal Oswal Mutual Fund range. The firm also provides portfolio management services for high-net worth individuals.

Part of Jefferies Financial Group, Inc., Jefferies (Singapore) Ltd. is a leader in investment banking, offering sector expertise in mergers & acquisitions, recapitalization, capital markets, and corporate broking. The company is based in Singapore, Singapore. Jefferies offers an intensive investment banking internship program that is designed to assist students in navigating a successful career in finance. Jefferies offers deep sector expertise across a full range of products and services in investment banking, equities, fixed income, wealth and asset management. The CEO of the Singaporean company is Eastburg Brent Douglas.

Franklin Templeton Asset Management (India) Pvt. Ltd. (FTAM-India) is a fund management firm headquartered in Mumbai, Indian. The firm was founded in 1996 and is a subsidiary of Franklin Templeton Holding Ltd., ultimately owned by Franklin Resources, Inc. (NYSE: BEN) in the US. FTAM-India manages a range of mutual funds for Indian investors.

Prabhudas Lilladher Pvt Ltd. (PL) is an investment research firm headquartered in Mumbai, India. The firm was founded in 1983 and provides various global equity research reports for institutional and retail clients. PL covers over 150 stocks that span across 20 mid and large sectors. Their Research Desk is comprised of dedicated teams for technical and fundamental research, conducting painstaking research to beat the market time and again. The lab has internally developed analytical tools and models that have consistently provided clients with an edge over the market. The findings of the research team take shape in the form of their various daily, monthly and quarterly; fundamental & technical research reports.

Part of Reliance Capital Ltd., Reliance Securities Ltd. is an Indian company that provides brokerage services. The company is based in Mumbai, India.