Name: - Hitesh Chaurasia

Roll No: - 12
Program: - Master of Management Studies
Division: - A

Company Background

Headquartered – New Delhi

Stock price: - Rs 167.00/-

Indiabulls Ventures Ltd was incorporated on 9th June 1995 and was known as Indiabulls
Securities Ltd. With providing services of Securities and Derivative broking, it is one of
India’s leading market companies. Company has registered itself with Securities and
Exchange Board of India (SEBI) as Stock Broker Depository Participant, Research Analyst
and Merchant Banker in Category I. Indiabulls Ventures Ltd was the first company to be
assigned Broker Quality – 1 grading by Credit Rating Information Services India Ltd
(CRISIL). This is the highest quality grading that any company can get. Getting Broker
quality grading reflects that company has good financial stability, strong fundamentals and
stringent risk management controls that the company possesses. Company has client base of
more than 6 lakhs.
 Sr No. Subsidiaries
1 Indiabulls Consumer Finance Ltd
2 Indiabulls Distribution Services Ltd
3 Indiabulls Asset Reconstruction Company Ltd
4 Indiabulls Investent Advisors Ltd
5 Indiabulls Ventures Ltd, Research Division
6 Indiabulls Securities Ltd, Asset Management Arm
7 Devata Tradelink Ltd
8 Indiabulls Housing Finance Ltd
9 Indiabulls Real Estate Ltd
10 Indiabulls Wholesale Services Ltd

And several others

Let’s see the management team that undertakes the operations control that is day to day
working of Indiabulls Ventures Ltd. People who are responsible for the growth or decline of
the organization. It can be well said that the decision taken by the management team for
expansion purpose.

Name Since Current Position

Non-Executive Chairman of the
Sameer Gehlaut 2017 Board
Chief Executive Officer, Whole-
Divyesh Shah Time Director
Compliance Officer, Company
Lalit Sharma 2016 Secretary
Pinank Shah 2017 Executive Director
Member - Key Management
Saurabh Mittal 2010 Personnel
Member - Key Management
Rajiv Rattan 2010 Personnel
Gagan Banga 2017 Non-Executive Director
Shyam Bansal 2017 Independent Director
Abhaya Hota 2018 Independent Director
Vijayalakshmi Iyer 2017 Independent Director
Alok Misra 2017 Independent Director
Non-Executive Independent
Karan Khera Director
How we reached here?

The company expanded its operation and control by increasing the number of services
through its subsidiaries. We shall take a look with the each year activity that it undertook to
understand its journey of getting this big.

Sr No. Year Acts

1 2011 Indiabulls became one of the leading capital market companies providing
securities and broking services.
2 2012 Board of Directors declared dividend for the shareholders
3 Indiabulls Financial Services Merges with its Home loan arm
4 2013 IBHFL ties up with Yes Bank
5 Indiabulls ties up with Doha Bank
6 IBHFL opens up a new branch in outskirts of Mumbai
7 IBHFL being awarded as the fastest growing company
2014
8 Indiabulls Securities Ltd appointed Mr. Ram Mehar Garg as Co. secretary
and Compliance Officer of the company
9 Indiabulls Secuties Ltd name changed to Indiabulls Ventures Ltd
10 Trading symbol changed to IBVENTURES from IBSEC
11 Realty Plus awared best Housing Finance Ltd co. to IBHFL
2015
Announcement of Indiabulls Housing Finance to acquire 39.76% in UK
12
Bank
13 IBHFL ties up with ICRA to grade Loan Against Property.
14 2016 HDFC Life Insurance Co. Ltd signed corporate agency agreement with
IBHFL to distribute retail insurance products of HDFC Life insurance
15 2017 Mobile app developed for Instant personal loan disbursals under consumer
finance business.
16 2018 Indiabulls Ventures Ltd raised Rs 2000/- crores through sale of preferential
shares to expand credit business
17 2019 Indiabulls Ventures Ltd launches discount broking plan "Shubh". A monthly
pricing option starting at Rs 1000

From the above table we can see the activities that company took under its fundamental
aspects to grow. We can see that although company started its operations in 2008, the above
acts has been recorded since the year 2011.

Below will see the growth of company on basis of its financials aspects.

Year Mar-19 Mar-18 Mar-17 Mar-16 Mar-15

Total
Revenue 1997.28 1053.66 509.11 409.63 408.28
Total
Expense 1367.97 734.07 363.19 332.88 214.19
From above table we can see that as per financial considerations of the company, the Income
and expense of the company has increased by each financial year end. The income of the
company increased from 408.28 crores in 2015 to 1997.28 crores in 2019 and its expense
increased from 214.19 crores in 2015 to 1367.97 crores in 2019. It means company’s Income
increased by approximately 4% and expense increased by approximately 5.5%.

Company’s outreach:-

The company was listed on National Stock Exchange (NSE) and Bombay Stock Exchange
(BSE) on 2nd April 2008. Company’s Global Depository Receipts were listed on Luxembourg
Stock Exchange on 16th July 2008. Indiabulls Securities Ltd name changed to Indiabulls
Ventures Ltd on 12th March 2015.

Based on above details, it can be clearly seen that the company has made a strong foothold
since the inception. From 1995 to 2019, it has grown exponentially with the incorporation of
its subsidiaries. It’s listing on Luxembourg Stock Exchange indicates to its global presence
for trading in its securities purpose through GDR’s.

As an organization to its own, Indiabulls Ventures Ltd provides below said Products and
Services.

Sr No. Products Services

1 Mutual Funds with SIP Equity Trading
2 Systematic Equity Plan Derivative Trading
3 Online Offer for Sales Commodities Trading
4 IPO Currency Trading
5 Demat Account
From the above graph, we can see 2 things its past performance and forecast. Although the
company got listed in 2008. The above graph shows the performance of Indiabulls Ventures
Ltd from 2012 till 2018 for its past performance and its forecast from 2019 to 2023. The
graph shows that their performance has been in the upward trend since the beginning and
even the future trend has also been forecasted that it will see growth in coming years.

When the company was listed on exchange its listing price was Rs 250/- but the following
next day its price dropped down to Rs 97 and in the span of 11 years, today the IB ventures
securities is trading at Rs 174/-.

IB Ventures Ltd
450.00
400.00
350.00
300.00
250.00
Price

200.00
150.00
100.00
50.00
0.00
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Year

The above graph shows the performance of the company on the basis of its shares price. All
the prices taken are the closing prices of the share at the year-end. From the graph it can be
concluded that company’s performance took a sharp upward rise in 2017.