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==Background==
==Background==
The [[company]] was formed in 1987 by [[Motilal Oswal]] and Raamdeo Agrawal after they acquired membership on The [[Bombay Stock Exchange|BSE]].<ref name=r1>[http://www.motilaloswal.com/About_Us/Milestones/ Home > About Us > Milestone]. Motilal Oswal official website</ref> Motilal Oswal was elected director and joined the Governing Board of the [[Bombay Stock Exchange]] in 1998.
The [[company]] was formed in 1987 by [[Motilal Oswal]] and [[Raamdeo Agrawal]] after they acquired membership on The [[Bombay Stock Exchange|BSE]].<ref name=r1>[http://www.motilaloswal.com/About_Us/Milestones/ Home > About Us > Milestone]. Motilal Oswal official website</ref> Motilal Oswal was elected director and joined the Governing Board of the [[Bombay Stock Exchange]] in 1998.


Motilal Oswal Securities is a Depository Participant of [[Nintendo DS Lite|NSDL]]<ref>[https://nsdl.co.in/related/deprt.php "Depository Participants"] Retrieved 2009-12-10</ref> and a Depository Participant of [[Central Securities Depository|Central Depository Services Limited (CDSIL)]]<ref>[http://www.cdslindia.com/publication/dplist.jsp?totpages=30&pager=14&recTobeDis=25 "Depository Participants with CDSL"] Retrieved 2009-12-11</ref> in 2000. The company started offering Derivatives products and advisory services on both BSE as well as [[Navier–Stokes equations|NSE]] in 2001<ref name="motilaloswal1">[http://www.motilaloswal.com/Corporate_Information/History_and_Milestones/ Corporate Information | History and Milestone | Corporate History | Company Milestone | Corporate History]. MotilalOswal.com. Retrieved on 2012-05-06.</ref>
Motilal Oswal Securities is a Depository Participant of [[Nintendo DS Lite|NSDL]]<ref>[https://nsdl.co.in/related/deprt.php "Depository Participants"] Retrieved 2009-12-10</ref> and a Depository Participant of [[Central Securities Depository|Central Depository Services Limited (CDSIL)]]<ref>[http://www.cdslindia.com/publication/dplist.jsp?totpages=30&pager=14&recTobeDis=25 "Depository Participants with CDSL"] Retrieved 2009-12-11</ref> in 2000. The company started offering Derivatives products and advisory services on both BSE as well as [[Navier–Stokes equations|NSE]] in 2001<ref name="motilaloswal1">[http://www.motilaloswal.com/Corporate_Information/History_and_Milestones/ Corporate Information | History and Milestone | Corporate History | Company Milestone | Corporate History]. MotilalOswal.com. Retrieved on 2012-05-06.</ref>

Revision as of 23:20, 7 March 2014

Motilal Oswal Financial Services Ltd
Company typeFinancial services
IndustryFinance
FoundedMumbai, India, 1987
HeadquartersMotilal Oswal Tower, Prabhadevi, Mumbai
Key people
Motilal Oswal, Raamdeo Agrawal
ServicesWealth Management,
Retail Broking & Distribution,
Commodity Broking,
Asset Management,
Institutional Broking,
Private Equity,
Investment Banking Services & Principal Strategies
ParentMotilal Oswal Financial Services Ltd
SubsidiariesMotilal 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
Websitewww.motilaloswal.com

Motilal Oswal Financial Services Ltd. (BSE, 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 Principal Strategies.[1]

Background

The company was formed in 1987 by Motilal Oswal and Raamdeo Agrawal after they acquired membership on The BSE.[2] Motilal Oswal was elected director and joined the Governing Board of the Bombay Stock Exchange in 1998.

Motilal Oswal Securities is a Depository Participant of NSDL[3] and a Depository Participant of Central Depository Services Limited (CDSIL)[4] in 2000. The company started offering Derivatives products and advisory services on both BSE as well as NSE in 2001[5]

In 2006, the company entered Private Equity and Investment Banking business.[5] In the same year, Motilal Oswal group acquired South Indian brokerage firm – Peninsular Capital Markets.[6] The company tied up with State Bank of India and Punjab National Bank[7] in 2006 and 2007 to offer online trading to its customers. 2008 saw the company create one of India's largest Equity[8] Dealing & Advisory rooms, spread over 26,000 sq ft (2,400 m2) in Malad, Mumbai.

In January 2010, Motilal Oswal Financial Services (through its subsidiary Motilal Oswal Securities Ltd.) received the final certificate of registration approval from Securities and Exchange Board of India (SEBI) to set up a mutual fund business in the country.

Awards and Recognitions

  • Motilal Oswal Securities bagged the Best Performing Equity Broker (National) Award at CNBC TV18 Financial Advisor Awards 2013 held in Mumbai.[9]
  • Motilal Oswal Financial Services Ltd's Analyst Mr. Jinesh Gandhi won the Best Market Analyst Award for the categories Equity-Auto at ‘India`s Best Market Analyst Awards 2013 organized by Zee Business.[10]
  • Motilal Oswal Securites was declared "Best Equity Broker" at Bloomberg UTV Financial Leadership Awards in April 2012.[11]
  • Motilal Oswal Securites was awarded with Best Performing National Financial Advisor Equity Broker Award in 2012, second time in succession.[12][13]
  • Motilal Oswal Financial Services was honoured with an award for Best Use in PR in Financial Services Category at India PR & Corporate Communications Awards 2012.[14]
  • Motilal Oswal Securities received Best Equity Broking House Award by BSE IPF-D&B Equity Broking Awards 2011 [15]
  • Motilal Oswal Mutual Fund's MOSt Shares M50 ETF was adjudged Most Innovative Fund of the Year by CNBC TV18 CRISIL Mutual Fund Award 2011 [16]
  • CNBC TV18 awarded Motilal Oswal the Best Performing Equity Broker Award in 2010 at CNBC TV18 Financial Advisor Awards 2010 [13]
  • Best Capital Markets & Related NBFC Award for FY11 by CNBC TV18 India Best Banks & Financial Institutions Awards 2011[17]
  • Motilal Oswal IB team won the Asia Pacific Cross Border Deal of the year award in 2010 and the CEO Ashutosh Maheshvari got India M&A Investment Banker of the Year award [18]
  • Motilal Oswal Securities Ltd. rated as No.1 Broker in ET Now – Starmine Analyst Awards 2009[10].[19]
  • MOSL awarded 'The Best Franchisor in Financial Services' by Franchisee.[20] World Magazine 2008 for the second consecutive year.


Customer Service

One of the largest body of complaints about financial services organisations on the web is found to relate to Motilal Oswal's companies. [21] [22] [23] [24] [25] [26] [27] [28]

SEBI Judgement

The company had to pay 500,000 Rupees as settlement as a consequence of their involvement in a series of IPO irregularities in the years 2003-2005.[29]


See also

References

  1. ^ PR-GB.com... News from origin. Pr-gb.com. Retrieved on 2012-05-06.
  2. ^ Home > About Us > Milestone. Motilal Oswal official website
  3. ^ "Depository Participants" Retrieved 2009-12-10
  4. ^ "Depository Participants with CDSL" Retrieved 2009-12-11
  5. ^ a b Corporate Information | History and Milestone | Corporate History | Company Milestone | Corporate History. MotilalOswal.com. Retrieved on 2012-05-06.
  6. ^ Motilal Oswal opens new dealing room in Mumbai. Business Line (2008-03-12)
  7. ^ MOFSL receives final SEBI nod to set up Mutual Fund Business. PressReleasePoint (2010-01-06). Retrieved on 2012-05-06.
  8. ^ "StarMine honours country’s best analysts" Retrieved 2009-12-12
  9. ^ [1]
  10. ^ [2]
  11. ^ [3]
  12. ^ [4]
  13. ^ a b [5]
  14. ^ Maruti, Corporate Voice shine at PR Awards. Exchange4media.com (2012-03-23). Retrieved on 2012-05-06.
  15. ^ [6]
  16. ^ [7]
  17. ^ [8]
  18. ^ [9]
  19. ^ [10]
  20. ^ "Motilal Oswal Securities Wins Franchise Award 08" Retrieved 2009-12-12
  21. ^ "Customer Complaints". Mumbai: Consumer Complaints. 2010-01-02. Retrieved 2012-05-31.
  22. ^ "Customer Complaints". Mumbai: Grahak Seva. 2011-10-02. Retrieved 2012-05-31.
  23. ^ "Customer Complaints". Mumbai: Mouthshut.com. 2010-03-11. Retrieved 2012-05-31.
  24. ^ "Customer Complaints". Mumbai: Mouthshut.com. 2007-12-30. Retrieved 2012-05-31.
  25. ^ "Customer Complaints". Mumbai: Complaints India. 2011-03-18. Retrieved 2012-05-31.
  26. ^ "Customer Complaints". Mumbai: iComplaints. 2011-03-21. Retrieved 2012-05-31.
  27. ^ "Customer Complaints". Mumbai: ClientComplain.com. 2011-04-01. Retrieved 2012-05-31.
  28. ^ "Customer Complaints". Mumbai: R2IClub. 2007-05-17. Retrieved 2012-05-31.
  29. ^ "IPO SCam". Mumbai: The Financial Express. 2010-05-10. Retrieved 2012-05-21.
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