COMPANY PROFILE

Introduction
Indiabulls is India’s leading Financial, Real Estate and Power Company with a wide presence throughout India. They ensure convenience and reliability in all their products and services. Indiabulls has over 640 branches all over India. The customers of Indiabulls are more than 4,50,000 which covers from a wide range of financial services and products from securities, derivatives trading, depositary services, research & advisory services, consumer secured & unsecured credit, loan against

shares and mortgage & housing finance. The company employs around 4000 Relationship managers who help the clients to satisfy their customized financial goals. Indiabulls entered the Real Estate business in the year 2005 with its group of companies. Large scale projects worth several hundred million dollars are evaluated by them. Indiabulls Financial Services Ltd is listed on the National Stock Exchange (NSE), Bombay Stock Exchange (BSE) and Luxembourg Stock Exchange. The market capitalization of Indiabulls is around USD 2500 million (29thDecember, 2006). Consolidated net worth of the group is around USD 700 million. Indiabulls and its group companies have attracted USD 500 million of equity capital in Foreign Direct Investment (FDI) since March 2000. Some of the large shareholders of Indiabulls are the largest financial institutions of the world such as Fidelity Funds, Goldman Sachs, Merrill Lynch, Morgan Stanley and Farallon Capital.

Growth of Indiabulls

Year 2000-01:
One of India’s first trading platforms was set up by Indiabulls Financial Services Ltd. with the development of an in-house team.

Year 2001-03:
The service offered by Indiabulls was increased to include Equity, F&O, Wholesale Debt, Mutual fund, IPO Financing/Distribution and Equity Research.

Year 2003-04:

and Indiabulls Housing Finance Ltd.  Indiabulls won bids for landmark properties in Mumbai. Indiabulls Credit Services Ltd. Year 2005-06: In this year the company acquired over 115 acres of land in Sonepat for residential home site development. The world’s largest hedge fund.In this particular year Indiabulls ventured into Distribution and Commodities Trading business.  Indiabulls entered the Indian Real Estate market and became the first company to bring FDI in Indian Real Estate. In this year:  Indiabulls came out with its initial public offer (IPO) in September 2004. 2000 million for Indiabulls subsidiaries Viz. Farallon Capital and its affiliates committed Rs. It also became a market leader in securities brokerage industry. The world renowned investment banks like Merrill Lynch and Goldman Sachs increased their shareholding in Indiabulls. acquired 8. L N Mittal promoted LNM India Internet venture Ltd. Year 2006-07: . In the same year. the Steel Tycoon Mr. with around 31% share in Online Trading. Year 2004-05:  This was one of the most important years in the history of Indiabulls.2% stake in Indiabulls Credit Services Ltd.  Indiabulls started its Consumer Finance business.

Noble Realtors is a Company engaged in the business of construction and development of real estate projects. Indiabulls financial services limited has recently signed a joint venture agreement with sogecap. At the same time it has also signed a Memorandum of understanding with MMTC.. Indiabulls Financial Services Ltd acquired 100% of the equity share capital of Noble Realtors Pvt. Resolved to Amalgamate Indiabulls Credit Services Ltd and demerge Indiabulls Securities Limited. Indiabulls enter in to Public issue for his Indiabulls power Ltd. was benefited with the Farallon Capital agreeing to invest Rs. Rajiv Rattan and Saurabh Mittal Are the promoters of Indiabulls Financial Services Limited. was included in the prestigious Morgan Stanley Capital International Index (MSCI).440 million in it.0% stake in the company post the IPO . Indiabulls Financial Services Ltd Year 2008-09: Several developments across its group companies have propelled indiabulls forward and are expected to continue to power the rise of this conglomerate. While Sameer Gehlaut will have a 23. The company also received an “in principle approval” from Government of India for development of multi product SEZ in the state of Maharashtra. Ltd. On the asset management front. Promoters for Indiabulls Sameer Gehlaut. Indiabulls Financial Services Ltd. Indiabulls Real Estate Business was demerged to become a separate entity called Indiabulls Real Estate Ltd. the company has received formal approval uhby7hbfrom SEBI and is expected to shortly launch its first NFO. The Board of Indiabulls Financial Services Ltd. the insurance arm of Societe Generale (SocGen) for its upcoming life insurance venture. Indiabulls Financial Services Ltd.In this year. 6.

i. its fortunes are very much dependent on the Performance of the capital markets. to apply The Team: . All the three promoters of the company are engineering graduates while Saurabh Mittal is a management graduate as well.9% as compared to an estimated 52%(including indirect ownership by way of mutual funds) of all households in the US.e. debt. The Indian equity markets have grown from strength to strength in the last decade with combined daily volumes of all segments on the BSE and the NSE touching Rs 232 bn in April 2004. Sector Since Indiabulls derives most of its revenues from the brokerage business.1% respectively. However. from Rs 5 bn in FY96. This highlights the long-term potential for the sector. if one were to compare the percentage of all households in India that are invested in the stock markets. in absolute terms. it is only about 1.5% and 10. derivative and equity markets.Rajiv Rattan and Saurabh Mittal will have a post issue holding of 11. Total shareholders in the country are over 20 m (2% of population) and this is the third largest after the US and Japan.

regulatory reporting.Indiabulls Securities Ltd. operating management. Senior Vice President Yuv Raj Singh Regional Manager Dashmeet Singh Branch Manager Senior Sales Manager Sujeet Roy Chowdary Support System Vishal Sales Function Subrot Sujeet Roy Chowdary Back Office Executive Ifran Khan Local Compliance Officer Chary RM/SRM Satish Kumar S ARM Raja Dealer Badri Nath . main strength lies in its formidable team. This team comprising highly qualified and experienced personnel has been responsible for the overall management of the company and has provided direction in diverse areas of business strategy. human resources development and product development.

 Indiabulls Power Ltd. Transparency and Ethical Behavior.  Indiabulls Credit Services Ltd. Ltd  Indiabulls Housing Finance Ltd. Clients & Stakeholder groups Indiabulls Group entities in India  Indiabulls Capital Services Ltd.  Indiabulls Commodities Pvt.  Indiabulls Finance Co.  Indiabulls Securities Ltd. Pvt. Ltd.Vision statement: To become the preferred long term financial partner to a wide base of customers whilst optimizing stake holder’s value Mission statement: To establish a base of 1 million satisfied customers by 2010.  Indiabulls Insurance Advisors Pvt. Ltd. Respect for Employees. We will create this by being a responsible and trustworthy partner Corporate action: An Approach to Business that reflects Responsibility.  Indiabulls Resources Ltd. .

with innovative and efficient services. . about institutional expertise and companies valuable understanding of the financial markets 3) One-stop shop: Caters to all customers’ investment needs under one roof. 4) Trust: Enjoys the pedigree of Indiabulls Securities Ltd and share its expertise in financial services. 5) Personalized service: Helps customer through the entire investment process.Indiabulls Securities Ltd is listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) and its global depository shares are listed on the Luxembourg Stock Exchange Reasons to choose Indiabulls Securities Ltd: The Indiabulls Financial Services stock is the best performing stock in the MSCI Index – the global benchmark for equity investments A person who bought Indiabulls shares in the IPO at Rs. 19 (US$ 0.48) in September 2004 has been rewarded almost 100 times in three and a half years – a feat unparalleled in the history of Indian capital markets Indiabulls Real Estate Limited partnered Farallon Capital Management LLC of the US to bring the first Foreign Direct Investment into real estate  Seven Reasons why investing with Indiabulls Securities Limited is smarter 1) Customization: Formulates investment plans based on customer individual requirements 2) Expertise: Brings within customer reach. step by step.

NSE online trading statistics. The growth is indicative of the potential of this segment..6 2. Though these businesses currently account for an insignificant portion of overall revenues.0% as compared to 0. This is primarily driven by increasing penetration of computers. considering the penetration levels of mutual funds and insurance in the country. To put things in perspective. the offline brokerage on equities is around 1. F&O: Futures and Options market * At the end of the financial year ** trading value for F&O segment compiled from June 2009 Advisory services: Indiabulls is also into mutual fund and insurance advisory businesses.4 3.578 231.642 73 81 154 51 379 430 0. convenience of usage and cost advantage. which we believe is likely to be robust going forward as well.5 2 CM: Cash Market. Indiabulls currently has almost 20% market share of volumes in the Internet trading space.6) Unbiased & Objective advice: We partner you in your investment process. these are highly profitable business segments.5% in the online trading space. . significant decline in Internet charges. prospects are promising. Enabled members* FY00 FY01 FY02 FY03 CM F&O** FY04 CM F&O** 3 61 82 80 13 70 14 Registered clients* Trading Value (Rs % of total trading bn) value 123.420 69. with our team of expert investment advisors Reasons to apply Online trading potential is huge: Online trading accounted for 5% of overall market in FY04 as compared to an estimated 3% in FY03. The table below indicates the growth in volumes of the Internet trading segment on the NSE over the last few years.5 1. Though this field is extremely competitive and requires significant research skills.340 413..5 1.899 346.454 164.

Insurace. Commodities. .Aggressive growth plans: Indiabulls has set aggressive targets to expand its business in the offline space. The platform provides enhanced trade information and executes orders on an integrated software based trading platform. IPO’s. Derivatives. Home loans. Broking: Equity. This includes investments in upgradation of branch network and opening another 75 branches by the end of calendar year 2009 (150 in total). Distribution: Mutual funds. Currency Derivatives. The company has also indicated its intent to acquire strategic stake in other companies towards growing the business inorganically Products provided Power Indiabulls An online trading system designed for the high-volume trader. Indiabulls financial service offers: ? SME finance ? Mortgage loans ? Commercial vehicle loans ? Farm equipment loans ? Commercial credit loans ? Loan against shares and ? Third part distribution of insurance products.

Products. Services: Indiabulls securities provides a wide range of services that include Power Indiabulls: An online trading system designed for the high-volume trader.Divisions: Investment Advisory and Broking? Division Project Syndication Division? Institutional Equity Broking? Division Institutional Debt Broking? Division Retail Offerings: ? Wealth Management Services ? Portfolio Management Services ? Securities Broking-Equities and derivatives ? Depository & Custodial Service & Distribution of financial . . The platform provides enhanced trade information and executes orders on an integrated software based trading platform. 1) Equities 2) Commodities 3) Wholesale debts 4) Futures and options 5) Depository services .

The Indiabulls Financial Services stock is the best performing stock in the MSCI Index – the global benchmark for equity investments. Indiabulls Real Estate Limited partnered Farallon Capital Management LLC of the US to bring the first Foreign Direct Investment into real estate. 8) Depository Services 9) Payment Gateway 10) Other back office support Online Banks Tie-ups for trading: Company having online transaction tie-ups with banks like HDFC BANK. . ICICI BANK. IDBI BANK. Company Achievements: The Indiabulls Group is one of the top fifteen conglomerates in the country with businesses in several significant sectors. CITI BANK.6) Equity research services 7) Post Trade -Custodial. Indiabulls Financial Services Limited was accorded the highest rating P1+ for short term debt and the highest rating of AAA (SO) by CRISIL for loan receivables securitization while Indiabulls Securities Limited is the only broker in India to be assigned CRISIL’s highest broker quality grading of BQ1.

00 55.in Rs.28 50.00 55. ------------------- Mar '07 12 mths Dec '07 9 mths Mar '08 12 mths Mar '09 12 mths . Indiabulls acquired Pyramid Retail including Piramyd Megastores and Trumart.28 50.69 0. HDFC Securities Ltd.83 0. their chain of lifestyle and convenience outlets Company competitors Kotak Securities Ltd. ICICI Securities Ltd.28 50. Birla Money. Religare Securities Ltd. Indiainfoline Ltd. Financial position: Balance Sheet of Indiabulls Securities Ltd Mar '06 12 mths Sources Of Funds Total Share Capital Equity Share Capital Share Application Money 17.69 0.In December 2007.00 ------------------.69 0.00 17.83 17.83 17.00 55. Cr.83 0.

88 587.74 680.00 728.77 0.71 Mar '07 4.54 434.27 658.00 296.72 261.00 430.00 0.40 562.31 ancial Performance .32 0.77 768.09 42.35 0.00 403.23 90.66 15.00 288.00 319.76 0.50 112.33 48.07 2.28 3. Loans & Advances Deffered Credit Current Liabilities Provisions Total CL & Provisions Net Current Assets Miscellaneous Expenses 60.30 Mar '09 12 mths Application Of Funds Gross Block Less: Accum.00 163.09 0.00 39.00 95.32 71.86 0.00 301.178.71 27.02 45.30 42.00 12 mths 155.01 105.29 11.Preference Share Capital Reserves Revaluation Reserves Networth Secured Loans Unsecured Loans Total Debt Total Liabilities 0.53 350.93 41.00 26.00 616.00 12 mths 161.00 101.83 718.19 0.74 0.27 0.00 149.97 0.00 0.28 0.87 126.23 44.18 403.05 1.78 744.62 0.50 0.25 0.55 358.56 0.59 475.24 27.53 358.64 48.29 250.83 459.29 0.20 520.62 655.54 178.24 109.00 0.37 65.07 0.92 48.37 0.93 0.00 718.51 481.00 1.54 48.21 416.87 14.06 0.74 105.19 49.63 53.50 69.95 205.70 2.97 1.14 107.30 104.89 664.16 4.92 12.14 0.28 Mar '06 0.24 0.60 1.91 349.63 312.252.96 680.59 236.04 335.72 1.00 Total Assets Contingent Liabilities Book Value (Rs) 533.30 728.00 9 mths 153.39 67.18 51.00 380.00 291.35 353.06 Mar '08 4.75 20.59 308.21 533.00 531.00 342.49 110.00 0.00 112.00 832.56 614.97 Dec '07 4.00 12 mths 132.98 7.00 181.99 233.04 744.76 307. Depreciation Net Block Capital Work in Progress Investments Inventories Sundry Debtors Cash and Bank Balance Total Current Assets Loans and Advances Fixed Deposits Total CA.90 1.33 0.95 0.02 0.55 35.96 0.30 352.00 364.

65 155954530 50.00 Face value No.00 2. Of % No.01 41300 0.32 75368614 24.72 Indian Promoters 75368614 24.62 147281983 47.32 75368614 24.53 82471653 32.20 5988096 1. Inst.04 41300 0. Of % No.02 Insurance 141369414 45.54 Bodies NRI's/OCB's/Foreign 33301563 10.72 Sub total Non promoter's holding Institutional investors Banks Fin.32 75368614 29.Shareholding pattern in Indiabulls From 30 Sep 2009 Share holding 31/12/2009 30/09/2009 30/06/2009 pattern as on : 2.33 83290623 32. and 131800 0.19 35648843 14.84 Sub total Other investors Private Corporate 9918855 3.75 28467067 9. Of % Shares Holding Shares Holding Shares Holding Promoter's holding 75368614 24.32 75368614 29.93 3902722 1.00 2.52 FII's 150775461 48.06 Others .

1200 crore (US$ 300 million).04 General public 309888300 100. Indiabulls Financial Services Limited was accorded the highest rating P1+ for short term debt and the highest rating of AAA (SO) by CRISIL for loan receivables securitisation while Indiabulls Securities Limited is the only broker in India to be assigned CRISIL’s highest broker quality grading of BQ1. The group companies have a market capitalisation of over Rs.57 309880800 100. In December 2007.04 16241286 6. 25.00 23742559 7. Its companies.25 billion) while group revenues have grown at a cumulative annual rate of over 100% to now reach Rs.04 Others 58832990 18.99 Sub total 24911235 8.00 Grand total 30/09/2009 30/06/2009 39177681 15.00 ABOUT INDIABULLS GROUP The Indiabulls Group is one of the top fifteen conglomerates in the country with businesses in several significant sectors. In less than eight years since the company was first registered. have distributed over Rs.78 20359934 6.45 78729246 31. listed in important Indian and overseas markets.Share holding 31/12/2009 pattern as on : 15612572 5.000 and from one office to 600 across the country . Indiabulls acquired Pyramid Retail including Piramyd Megastores and Trumart.40 253629769 100. their chain of lifestyle and convenience outlets Indiabulls’ growth has been nothing short of stupendous.000 crore (US$ 6. it has grown from just five employees to 21. 700 crore (US$ 175 million) as dividend in the year 2008.66 58197722 18. 3100 crore (US$ 775 million) and the group profit has surged to over Rs.

Rajiv Rattan and Saurabh Mittal acquired Orbis. 19 (US$ 0. Indiabulls ventured into insurance distribution and commodity trading. Young entrepreneur Sameer Gehlaut established Indiabulls in 2000. A person who bought Indiabulls shares in the IPO at Rs. after acquiring orbis Securities. three IIT-Delhi alumni Sameer Gehlaut.The Indiabulls Financial Services stock is the best performing stock in the MSCI Index – the global benchmark for equity investments. The group started its operations from a small office near Hauz Khas bus terminal in Delhi. a stock brokerage company in Delhi. Real estate. Companies History in India In 1999. was the next frontier .48) in September 2004 has been rewarded almost 100 times in three and a half years – a feat unparalleled in the history of Indian capital markets Indiabulls Real Estate Limited partnered Farallon Capital Management LLC of the US to bring the first Foreign Direct Investment into real estate.The office had a tin roof and two computers. The company had achieved the distinction of becoming only the second brokerage firm in India to be granted this consent. mutual fund distribution and equity research. The challenges facing it were immense – not least of all the mind set of investors who were called to make the big leap from traditional stock trading to a completely online interface. wholesale debt. The idea of leveraging technology for trading stocks led to the creation of Indiabulls Incorporated on 10th January 2000. It successfully floated its IPO in September 2004 and in the same year entered the consumer finance segment. Having overcome this resistance. F&O. the new sunrise industry. the company later expanded its service portfolio to include equity. Its original idea of leveraging technology bore fruit when Indiabulls was accorded permission to conduct online trading on Indian stock exchanges. it was converted into a public limited company on 27th February 2004. In 2003/04.a Delhi based stock broking company.

Indiabulls acquired Pyramid Retail In 2007 and marked its presence in the power sector by launching Indiabulls Power Brand Values Indiabulls is amongst the largest non-banking financial services companies in India and enjoys strong brand recognition and customer acceptance. But it wasn’t just real estate that was booming. . In 2004/05. The company attributes its dominant position in the brokerage industry to the preferential status it enjoys with investors Coupled with its forays into various segments. To cement its position in the Indian business and industry firmament.for Indiabulls. when a case study on India’s youngest brands which have had a profound impact on the economy is crafted. Indeed. Opportunities were opening up in retail and infrastructure as well. Indiabulls will feature prominently in it. THINGS Recent Developments Several developments across its group companies have propelled Indiabulls forward and are expected to continue to power the rise of this conglomerate. the insurance arm of Societe Generale (SocGen) for its upcoming life insurance venture. the Group believes that the bulk of its brand story is yet to be written. Indiabulls Financial Services Limited has recently signed a joint venture agreement with Sogecap. it entered this sector.

to establish a Commodities Exchange with 26% Ownership held by MMTC. Sameer Gehlaut Chairman & CEO Gagan Banga Executive Director Rajiv Rattan CEO Shamsher Singh Director Aishwarya Katoch Director Karan Singh Prem Prakash Mird Director Director . the largest commodity trading house in India.At the same time it has also signed a Memorandum of Understanding with MMTC. Mr. 2009 . the company has received formal approval from SEBI and is expected to shortly launch its first NFO. The Board of Directors Following is the list of our Board Members as on November 4. On the asset management front.

Saurabh K Mittal Executive Director Amit Jain Company Secretary .

Sign up to vote on this title
UsefulNot useful