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Final Kotak Securities Project Report.

Final Kotak Securities Project Report.

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Published by AMIT08006
project report on kotak securities
project report on kotak securities

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Published by: AMIT08006 on Jul 16, 2011
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04/19/2013

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INTRODUCTION OF KOTAK MAHINDRA GROUP:
The Kotak Mahindra Group
 
Kotak Mahindra is one of India's leading financial organizations, offering a wide range of financial services that encompass every sphere of life. From commercial banking, to stock  broking, to mutual funds, to life insurance, to investment banking, the group caters to thediverse financial needs of individuals and corporate.The group has a net worth of over Rs. 6,799 crore and has a distribution network of branches,franchisees, representative offices and satellite offices across cities and towns in India andoffices in New York, London, San Francisco, Dubai, Mauritius and Singapore. The Groupservices around 6.4 million customer accounts.
Kotak Group Products & Services
HISTORY:
The Kotak Mahindra Group was born in 1985 as Kotak Capital Management FinanceLimited. This company was promoted by Uday Kotak, Sidney A. A. Pinto and Kotak &Company. Industrialists Harish Mahindra and Anand Mahindra took a stake in 1986, andthat's when the company changed its name to Kotak Mahindra Finance Limited.Since then it's been a steady and confident journey to growth and success.
 
Table shows the brief story about the Kotak Mahindra Group:1986Kotak Mahindra Finance Limited starts the activity of Bill Discounting.1987Kotak Mahindra Finance Limited enters the Lease and Hire Purchase market.1990The Auto Finance division is started.1991The Investment Banking Division is started. Takes over FICOM, one of India'slargest financial retail marketing networks.1992Enters the Funds Syndication sector.1995Brokerage and Distribution businesses incorporated into a separate company -Kotak Securities. Investment Banking division incorporated into a separatecompany - Kotak Mahindra Capital Company.1996The Auto Finance Business is hived off into a separate company - Kotak MahindraPrime Limited (formerly known as Kotak Mahindra Primus Limited). Kotak Mahindra takes a significant stake in Ford Credit Kotak Mahindra Limited, for financing Ford vehicles. The launch of Matrix Information Services Limited marksthe Group's entry into information distribution.1998Enters the mutual fund market with the launch of Kotak Mahindra AssetManagement Company.2000Kotak Mahindra ties up with Old Mutual plc. for the Life Insurance business.Kotak Securities launches its on-line broking site (now www.kotaksecurities.com).Commencement of private equity activity through setting up of Kotak MahindraVenture Capital Fund.2001Matrix sold to Friday CorporationLaunches Insurance Services2003Kotak Mahindra Finance Ltd. converts to a commercial bank - the first Indiancompany to do so.2004Launches India Growth Fund, a private equity fund.2005Kotak Group realigns joint venture in Ford Credit; Buys Kotak Mahindra Prime(formerly known as Kotak Mahindra Primus Limited) and sells Ford credit Kotak Mahindra.Launches a real estate fund2006Bought the 25% stake held by Goldman Sachs in Kotak Mahindra CapitalCompany and Kotak Securities
 
This graph illustrates the journey so far:
 In October 2005, Kotak Group acquired the 40% stake in Kotak Prime held by Ford Credit  International (FCI) and FCI acquired the stake in Ford Credit Kotak Mahindra (FCKM)held by Kotak Group. In May 2006, Kotak Group bought 25% stake held by Goldman Sachs in Kotak Capital and  Kotak Securities.
GROUP STRUCTURE:

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