Foundations & Milestones
In 71 years PL has seen a growth of 800 folds in terms of gross revenue and 35 folds in terms of man power
-
1944 – 1970
- Registered as a partnership Stock Broking Firm in 1944
- Introduced Equities Arbitrage Business services
- Introduced Equity Stock Broking services
-
1970 – 1980
- Started first branch in Pune
- Became first to offer door step service
- Distribution of Initial Public Offering (IPO)
- Underwriting
- Team size increases to 25
-
1981 – 1990
- First Broker to be corporatized as a BSE Member
- First brokerage firm in India to computerize back office operations
- One of the leaders in Badla Finance for retail segment
- Institutional equities
- Domestic Institution Investor (DII)
- Domestic Funds
- Badla Finance
- Team size increases to 60
-
1991 – 2000
- Empanelled with numbers of FII and DII
- Developed a strong sub broker network
- Foreign Institutional Investor
- Arbitrage between NSE and BSE
- Franchisee Set-up
- Team size increases to 125
-
2001 – 2014
- Corporate Advisory business grew manifold within 3 years
- PMS - Corpus size grew multifold
- Rated amongst the best for our research by Institutional Investors
- Consistently rated amongst the best brokerage houses for its research by Asiamoney Brokers Poll
- Corporate Advisory
- Investment Banking
- Margin Funding through NBFC
- Portfolio Management Services (PMS)
- Online Trading
- Currency
- Commodity
- Team size: 350+
