Abhishek Karvy1

8/20/2019 Abhishek Karvy1

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SUMMER PROJECT REPORT ON”COMPARATIVE STUDY OF KARVY AND ITS COMPETITOR REGARING STOCK

MAKET TRADING”

SUMMER INTERNSHIP IN

1st June 2015 - 15th July 2015

Submission in patial !ul"lment o! the e#uiement !o the a$a% o!

M&'

(E'R 201)-1*

+U,E &(. SU&M,TTE &(.

M/ Rau Raa 'bhishe Jain

&RM 3'R4( M&' 6S


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ACKNOWLEDGEMENT

I have taken effort in thi !ro"e#t$ %o&ever' it &o()* not have +een !oi+)e &itho(t kin* (!!ort an* he)!

of ,an- in*ivi*(a) an* or.ani/ation$ I &o()* )ike to e0ten* ,- in#ere thank to a)) the,$

I a, thankf() to ,- #or!orate ,entor Mr. Raju Rajak 12RM3 &ho .ive ,e the o!!ort(nit- to *o ,-

!ra#ti#a) (,,er trainin. in Karvy Stock Brok!" Lt#$

I o&e ,- &ho)ehearte* thank an* a!!re#iation to the entire taff of the #o,!an- for their #oo!eration an*

aitan#e *(rin. the #o(re of ,- !ro"e#t$

I a, a)o .ratef() to ,- !arent' fa,i)- ,e,+er an* frien* for .ivin. ( the (!!ort' &hi#h &a re4(ire*

for the #o,!)etion of the re!ort$

Place: Indore ABHISHEK JAIN

Date:


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E$ECUTI%E SUMMAR&

Karv- to#k +rokin. 5t*$ i a to#k 2rokin. Co,!an- that *ea) in hare$ A!art fro,

e#(rit- +rokin. Karv- i in to De,at ervi#e' M(t(a) f(n* an* In(ran#e ervi#e$ It offer

a &i*e ran.e of finan#ia) ervi#e in or*er to ,eet *ifferent in*ivi*(a) finan#ia) !)annin.$

The !ro"e#t e,!hai/e #o,!arative)- ana)-i of karv-6 !ro*(#t an* ervi#e &ith it #o,!etitorre.ar*in. to#k ,arket tra*in.$


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DECLARATION

I here+- *e#)are that the !ro"e#t re!ort tit)e* 'COMPARATI%E STUD& O( KAR%& AND ITSCOMPETITOR REGARDING STOCK MARKET TRADING) i a .en(ine reear#h &ork *one +- ,e

an* it ha not +een !(+)ihe* an-&here ear)ier$

DATED7

P5ACE7 INDORE


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CONTENT

*. I!tro#ucto!................................................................. +,. O-jctv O/ Tra!!"................................................. 0

1. Or"a!2ato!a3 Structur............................................ *4

5. Srvc6 O/ Karvy........................................................ *,

7. Markt!" Strat"6................................................... *8

+. Hr Po3c6.................................................................... *0

8. W!"6 O/ Karvy........................................................... ,*

9. Co:;ttor O/ Karvy.................................................. ,7

0. Stock Markt .............................................................. ,8

*4. Tra#!" Wt< Stock Markt....................................... 14

**. I!tra#ay........................................................................ 1,

*,. D3vry......................................................................... 11

*1. (utur = O;to!.......................................................... 15

*5. Co:;ar6o! O/ Karvy Wt< Ot6............ 1+

*7. S?ot A!a3y66................................................................ 19

*+. Su""6to!..................................................................... 10

*8. Co!c3u6o!.................................................................... 54

*9. B-3o"ra;


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INTRODUCTION O( KAR%& STOCK BOROKING

INTRODUCTION

8S(##e i a "o(rne-' not a *etination$” If &e )ook for e0a,!)e to !rove thi 4(ote then &e #an fin* ,an-

+(t there i none )ike that of KARVY$ 2a#k in the -ear 9:;9' five !eo!)e #reate* hitor- +- eta+)ihin.

karv- an* #o,!an- &hi#h i to*a- kno&n a karv-' the )ar.et finan#ia) ervi#e !rovi*er of In*ia$

Succ66 6utra6 o/ Karvy@

The (##e tor- of karv- i *riven +- ; (##e (tra a*o!te* +- it na,e)- tr(t' inte.rit-' *e*i#ation'

#o,,it,ent' enter!rie' har* &ork an* tea, !)a-' )earnin. an* innovation' e,!ath- an* h(,i)it-$ Thee

are the va)(e that +in* (##e &ith karv-$

%6o! o/ Karvy@

To a#hieve < (tain ,arket )ea*erhi!' Karv- ha)) ai, for #o,!)ete #(to,er atifa#tion' +- #o,+inin.

it h(,an an* te#hno)o.i#a) reo(r#e' to !rovi*e &or)* #)a 4(a)it- ervi#e$ In the !ro#e Karv- ha))

trive to ,eet an* e0#ee* #(to,er6 atifa#tion an* et in*(tr- tan*ar*$

M66o! 6tat:!t@

8O(r ,iion i to +e a )ea*in. an* !referre* ervi#e !rovi*er to o(r #(to,er' an* &e ai, to a#hieve thi

)ea*erhi! !oition +- +(i)*in. an innovative' enter!riin.' an* te#hno)o.- *riven or.ani/ation &hi#h &i))

et hi.het tan*ar* of ervi#e an* +(ine ethi#$”

Co:;a!y ovrv?@

Karv- &a eta+)ihe* a karv- an* #o,!an- +- five #hartere* a##o(ntant *(rin. the -ear 9:=:>;?' an*

then it &ork &a #onfine* to a(*it an* ta0ation on)-$ 5ater on it *iverifie* into finan#ia) an* a##o(ntin.

ervi#e *(rin. the -ear 9:;9>;@ &ith a #a!ita) of R$ 9????$ It a#hieve* it firt ,i)etone after it firt

invet,ent in te#hno)o.-$ Karv- +e#a,e a kno&n na,e *(rin. the -ear 9:;>;B &hen it fora-e* into #a!ita)

,arket a re.itrar$


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E%OLUTION O( KAR%&

It i &e)) ai* that (##e i a "o(rne- not a *etination an* &e #an ee it +ein. !rove* +- karv-$ Un*er thi

e#tion &e &i)) ee that ho& thi 8karv- an* #o,!an-” of 9:;? +e#a,e 8karv-” of @?9$ Karv- +)oo,e*

&ith the ettin. (! of it firt +ran#h at M(,+ai *(rin. the -ear 9:;=>;;$ The t(rnin. !oint #a,e in the -ear

9:;: &hen it *e#i*e* to enter into one of the not on)- e,er.in. rather !otentia) fie)* too i$e$ to#k +rokin.$

It a**e* the feather of to#k +rokin. into it #a!$ At the a,e ti,e it +e#o,e the ,e,+er of %-*era+a*

Sto#k E0#han.e thro(.h ao#iation fir, karv- e#(ritie )t* an* then karv- never )ooke* +a#k$it &ent

on a**in. ervi#e one after another' it entere* into retai) to#k +rokin. in the -ear 9::?$ Karv- invetor

ervi#e #enter &ere et (! in the -ear 9::@$ Karv- &hi#h a)rea*- en"o-e* a &i*e net&ork thro(.h it

invetor ervi#e #enter' entere* into finan#ia) !ro*(#t *itri+(tion ervi#e in the -ear 9::$ One -ear ,ore

an* karv- &a no& *ea)in. into ,(t(a) f(n* ervi#e too in the -ear 9:: +(t it *i*n6t to!!e* there' it

te!!e* into #or!orate finan#e an* invet,ent +ankin. in the -ear 9::$

Karv-6 trate.- ha a)&a- +een +ein. the firt entrant in the ,arket$ Karv- a.ain hit the )i,e)i.ht +-

+e#o,in. the firt re.itrar in the #o(ntr- to +e a&ar*e* ISO :??@ in the -ear 9::=$ Then it te!!e* into the

other ,ot ha!!enin. e#tor I$e$ IT ena+)e ervi#e +- eta+)ihin. it o&n 2PO (nit6 an* at a .a! of "(t

one -ear it )ook the !ath of e>2(ine thro(.h it &e+ite &&&$karv-$#o,$ Then it entere* into in(ran#e

ervi#e in the -ear @??9 &ith the )a(n#h of it retai) ar, 8karv-” the fin !o)i7 -o(r !erona) finan#e

a*vior”$ Then in the -ear @??@ it )a(n#he* it PCG 1Private C)ient Gro(!3 &hi#h )ook after it %i.h Net

&orth In*ivi*(a) an* ,aintain their !ortfo)io an* !rovi*e the, &ith other finan#ia) ervi#e$ In the -ear

@??' it #o,,en#e* e#on*ar- *e+t an* DM tra*in.$

It &a a *e#a*e &hi#h a& ,an- In*ian #o,!anie .oin. .)o+a)o &h- the )ar.et finan#ia) ervi#e

!rovi*er of In*ia ho()* )a. +ehin*H %en#e' karv- )a(n#he* 8karv- .)o+a) ervi#e )i,ite*” after enterin.

into a "oint vent(re &ith the Co,!(terhare' A(tra)ia in the -ear @??$ The -ear @?? a)o a& karv-enterin. into #o,,o*itie ,arketin. tho(.h karv- #o,ra*e$

Year @?? a& karv- eta+)ihe* a e!arate +ran#h for it in(ran#e ervi#e (n*er the hea* 8karv-

in(ran#e +rokin. )t*” an* in the a,e -ear' after +ein. i,!ree* &ith the ra!i* .ro&th of karv- to#k

+rokin. )i,ite*' PCG .ro(! of %on. Kon. a#4(ire* @ take at KS25$ In the -ear @??B' karv- entere*

into one of the hottet e#tor of !reent ti,e i$e$ rea) etate thro(.h Karv- rea)t-< ervi#e 1In*ia3 )t*$

%en#e' &e #an ee no& karv- +ein. eta+)ihe* a the )ar.et finan#ia) ervi#e !rovi*er of the #o(ntr-$

http://www.karvy.com/http://www.karvy.com/


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OBECTI%E O( TRAINING

The o+"e#tive of ,- !ro"e#t in#)(*e the fo))o&in.7>

9$ To t(*- the finan#ia) !ro*(#t an* ervi#e of Karv- Sto#k 2rokin. 5t*$

@$ To ,ake a #o,!arative t(*- of #o,!etitor of Karv- Sto#k 2rokin. 5t*$ In INDORE$

So' the o+"e#tive of the !ro"e#t i to i*entif- the ,arket !otentia) of De,at A##o(nt ervi#e offere* +-

Karv- Sto#k 2rokin. 5t*$ An* a #o,!arative ana)-i of the #o,!etitor of KS25 in INDORE$


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ORGANIATION STRUCTURE

NATIONAL LE%EL ORGANIATION CHART

CM < MD

1%-*era+a*3

GM

1Marketin.3 1Finan#e3 1%RM3

Jona) Mana.er

Re.iona) Mana.er

2ran#h M.r$ 2ran#h M.r$ 2ran#h M.r$


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A##o(ntant Sr$ E0e#(tive

E0e#(tive

BRANCH LE%EL ORGANIATION CHART

2ran#h Mana.er

Sr$ E0e#(tive E0e#(tive E0e#(tive 1Invet,ent3 1S2 > 3 1IT3

Marketin. C)erk

E0e#(tive>

E0e#(tive

1De,at3 A##o(ntant


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KAR%& SER%ICES AN O%ER%IEW

9$ Sto#k +rokin.

@$ De,at ervi#e$ Invet,ent !ro*(#t *itri+(tion

$ Invet,ent a*vior- ervi#e

$ Cor!orate finan#e < Mer#hant +ankin.

B$ In(ran#e

=$ M(t(a) f(n* ervi#e

;$ IT ena+)e* ervi#e

:$ Re.itrar < Tranfer a.ent

9?$ 5oan

Stock Brok!"@

KARVY i &orkin. a Ca!ita) Market Inter,e*iarie$ Sto#k+roker are re.()ate* +- SE2I Sto#k>+roker

an* S(+>+rokerL Re.()ation' 9::@$ The to#k+roker i a ,e,+er of the to#k e0#han.e$ Sto#k+roker are

the inter,e*iarie &ho are a))o&e* to tra*e in e#(ritie on the e0#han.e of &hi#h the- are ,e,+er$ The-

+(- an* e)) on their o&n +eha)f a &e)) a on +eha)f of their #)ient$

Sto#k+roker e0!an* their +(ine +- en.a.in. (+>+roker$ S(+>+roker ,ean 8an- !eron not +ein. a

,e,+er of a to#k e0#han.e &ho a#t on +eha)f of a to#k +roker a an a.ent or other&ie for aitin. the

invetor in +(-in.' e))in. or *ea)in. in e#(ritie thro(.h (#h to#k>+roker$”

• D:at Srvc6

Karv- i a *e!oitor- !arti#i!ant &ith the Nationa) Se#(ritie De!oitor- 5i,ite* 1NSD53 for tra*in. an*

ett)e,ent of *e,ateria)i/e* hare$ De!oitor- Parti#i!ant 1DP3 are *e#ri+e* a an a.ent of the

*e!oitor-$ The- are inter,e*iarie +et&een the *e!oitor- an* the invetor$ The re)ationhi! +et&een the

DP an* the *e!oitor- i .overne* +- an a.ree,ent ,a*e +et&een the t&o (n*er De!oitorie A#t$

A DP #an offer *e!oitor->re)ate* ervi#e on)- after o+tainin. a #ertifi#ate of re.itration fro, SE2I$ Sin#e

Karv- i a)o in the +rokin. +(ine' invetor &ho (e Karv-6 *e!oitor- ervi#e .et a *(a) +enefit$ The-

#an (e Karv-6 +rokera.e Servi#e to e0e#(te trana#tion an* Karv-6 *e!oitor- ervi#e to ett)e the,$


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I!v6t:!t Pro#uct6 D6tr-uto!@

Co,!an- i a)o #on#ern &ith the *itri+(tion of invet,ent !ro*(#t )ike 7>

a. (F# D;o6t7 KARVY i *ea)er of fi0e* *e!oit of vario( t-!e &hi#h in#)(*e fi0e* *e!oit of

P(+)i# Se#tor' Non>2ankin. Finan#e Co,!anie' %o(in. Finan#e Co,!anie an* Man(fa#t(rin.

Co,!anie$

-. Bo!#67 Karv- i *ea)er of fo))o&in. +on*

9$ R2I Savin. 2on*

@$ N%2

$ REC

c. IPO@ Co,!an- i a)o !rovi*e ervi#e re)ate* to Initia) P(+)i# Offer of #o,!an-$ Co,!an- !rovi*e

tationar- at the ti,e of IPO a &e)) a !rovi*e infor,ation to invetor re.ar*in. IPO an* o)ve their

4(erie$

I!v6t:!t A#v6ory Srvc6@

Thi *iviion !rovi*e !ortfo)io ,ana.e,ent ervi#e to hi.h net>&orth in*ivi*(a) an* #or!orate$ The

e0!ertie of Karv- in reear#h an* to#k +rokin. .ive it the ri.ht !er!e#tive to !rovi*e invet,ent

a*vior- ervi#e$ Co,!an- !rovi*e a*vior- ervi#e to it #)ient$

Finan#ia) .oa) of ea#h in*ivi*(a) invetor varie a##or*in. to hi *rea,' a,+ition an* fa,i)- i/e an* f(t(re

finan#ia) !)annin. for the #hi)*ren < o)* a.e !enion for e)f an* &ife o *oe the !ath&a- to a#hieve it$

Karv- a!!)- the !rin#i!)e of Finan#ia) P)annin. a +oth #ien#e < art' it (n*ertan* the ti,e hori/on' rik

+earin. #a!a#it- an* invet,ent .oa) of invetor kee!in. in ,in* their !-#he an* finan#ia) nee*$ 2ae*

(!on thi Karv- he)! in*ivi*(a) invetor to !)an their entire )ife (! to retire,ent' Ta0e' In(ran#e nee*

an* other i,!ortant !erona) finan#ia) .oa)$ It *ei.n !ortfo)io for invetor to invet their avin. in vario(

finan#ia) !ro*(#t )ike hare' +on*' *e+ent(re' ,(t(a) f(n*' fi0e* *e!oit' in(ran#e et#$'

Co,!an- *ei.n !ortfo)io +- #oni*erin. fo))o&in. fa#tor$

Invetor6 re4(ire,ent of .ettin. ,one- +a#k'

Invetor6 &i))in.ne to take rik


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Cor;orat /!a!c = Mrc


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R"6trar6 = Tra!6/r a"!t6@

In 9:;' Karv- entere* the Re.itrar an* Share Tranfer 2(ine to #reate a ,arket ni#he in the #o,!etitivefie)* of finan#ia) ervi#e$ In 9::>:' it rea#he* a ,i)etone &hen it !ro#ee* 9? P(+)i# I(e

#ontit(tin. B !er #ent ,arket hare$ No& in it e#on* *e#a*e of e0iten#e' Karv- i the )ea*er in the

in*(tr-7 In an o!inion !o)) #on*(#te* +- an in*e!en*ent ,arket reear#h a.en#- > MARG' Karv- ha +een

rate* a In*ia6 Mot A*,ire*

Re.itrar on vario( !ara,eter7 >

a$ Overa)) E0#e))en#e$

+$ %an*)in. of Vo)(,e

#$ Ti,e)- Di!at#h

*$ (a)it- Mana.e,ent an* Te#hno)o.i#a) U! .ra*ation$

A SE2I Cate.or- 9 Re.itrar' So far' Karv- ha han*)e* over B= ISSUES a Re.itrar to !(+)i# i(e

!ro#ee* over @ ,i))ion a!!)i#ation an* i ervi#in. over 9B ,i))ion invetor fro, vario( )o#ation

!rea* over @? #)ient$

Loa!@

Karv- ha re#ent)- tarte* thi ervi#e at e)e#te* +ran#he of ,etro #itie$ Thi ervi#e ha not +een tarte*

in Sa(rahtra>Ko#h re.ion$ Karv- !rovi*e )oan for fo))o&in.$

Vehi#)e 5oan

%o,e 5oan

Perona) 5oan

MARKETING STRATEG& O( KAR%&

A. Markt Po6to!!"@

Market !oitionin. tate,ent of Karv- are 8At Karv- &e .ive -o( in.)e &in*o& ervi#e” an* 8e a)o

en(re -o(r #o,fort”$


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So' Karv- fo#( on the #on(,er &ho !refer a),ot a)) invet,ent a#tivitie at a,e !)a#e +- !rovi*in.

n(,+er of vario( finan#ia) ervi#e$ At Karv- a !eron #an !(r#hae or e)) hare' *e+ent(re et#$ an* at

the a,e !)a#e a)o *e,at it$ Karv- a)o !rovi*e other invet,ent o!tion to the a,e !eron at a,e !)a#e

)ike M(t(a) F(n*' In(ran#e' Fi0e* De!oit' an* 2on* et#$ an* he)! the !eron in *ei.nin. hi !ortfo)io$

2- thi &a- Karv- !rovi*e #o,fort to it #(to,er$ Karv- i a)o !oitione* a##or*in. to Rie an* Tro(t$

Karv- i !ro,ote* a a no$ 9 invet,ent !ro*(#t *itri+(tor an* R < T a.ent of In*ia$

Tar.et Market7

Karv- (e *e,o.ra!hi# e.,entation trate.- an* e.,ent !eo!)e +ae* on their o##(!ation$ Karv- (e

e)e#tive !e#ia)i/ation trate.- for ,arket tar.etin.$ Tar.et !eron for the Karv- Sto#k 2rokin. an* Karv-

Invet,ent Servi#e are !eron &ho #an &ork a (+>+roker for the #o,!anie$ Co,!anie fo#( on

A*vior of In(ran#e an* !ot offi#e' Ta0 #on()tant an* CA for ,akin. (+>+roker$

B. Markt!" c+roker &ork a

inter,e*iar- +et&een #on(,er an* #o,!an-$ Co,!an- ha +oth for&ar* an* +a#k&ar* f)o& of a#tivit-

thro(.h #hanne)$ Co,!an- *itri+(te tationer-' +rokera.e' an* infor,ation for&ar* to it (+>+roker$ The

(+>+roker en* fi))e* for,' 4(erie' a,o(nt of invet,ent et#$ +a#k to the #o,!an-$

C. Tra!!" C+roker +e#a(e the- &i)) +e vie&e* a the #o,!an- +- the invetor$

The e0e#(tive of Karv- e0!)ain vario( ne& #he,e of invet,ent to the (+>+roker &ith it o+"e#tive'

rik fa#tor an* e0!e#te* ret(rn$ Co,!an- a)o !erio*i#a))- arran.e e,inar to .(i*e (+>+roker$

D. A#vrt6!" a!# Pro:oto!@

The o+"e#tive of a*vertiin. of Karv- i to #reate a&arene a+o(t ervi#e of Karv- a,on. invetor an*

(+>+roker an* in#reae (+>+roker of Karv-$


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Co,!an- *oen6t .ive a*vertie,ent in ,e*ia )ike TV' Ne&!a!er' an* Ma.a/ine et#$ Karv-6

a*vertie,ent i ,a*e in*ire#t)- +- the #o,!anie ao#iate &ith it$ Karv- i R < T a.ent of aro(n* =??

#o,!anie$ The- !(+)ih na,e' a**re an* )o.o of Karv- on their ann(a) re!ort$

Karv- a)o !(+)ih it &eek)- Sto#k Market Ne&)etter QKarv- 2a/aar 2aatein6 an* ,onth)- ,a.a/ine QThe

Fin !o)i6 to .(i*e invetor an* (+>+roker a+o(t ,arket$


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HR POLIC& O( KAR%&

Karv-6 %R De!art,ent i )o#ate* at %-*era+a*$

*. Rcrut:!t a!# S3cto! Po3cy@

The (!!er )eve) ,e,+er )ike /ona) ,ana.er' re.iona) ,ana.er' +ran#h ,ana.er an* enior e0e#(tive

are re#r(ite* +- !(+)ihin. re#r(it,ent a*vertie,ent in )ea*in. nationa) )eve) ne&!a!er$ The 4(a)ifie*

a!!)i#ant are then #a))e* for intervie& an* e)e#te*$

The re.iona) ,ana.er ha a(thorit- to e)e#t )o&er )eve) e,!)o-ee )ike !eon' ,arketin. e0e#(tive'

a##o(ntant et#$ +- a!!rova) of /ona) ,ana.er$

,. Tra!!" a!# Dv3o;:!t@

Contin(o( trainin. an* (!.ra*in. te#hni#a)' +ehavio(ra) an* ,ana.eria) ki)) i a &a- of )ife in Karv-$

Karv- en#o(ra.e e,!)o-ee to hone their ki)) re.()ar)- to ena+)e the, to fa#e the #ha))en.e of the

#han.in. re4(ire,ent of #(to,er that fit ,arket (! an* *o&n$

Trainin. nee* ana)-i i *one on a re.()ar +ai an* -te,ati# ,etho*o)o.ie are en(re* that ki)) an*

#a!a+i)itie of a)) e,!)o-ee are #ontant)- (!.ra*e* to ena+)e the, to !erfor, in the #ha))en.in. &ork

environ,ent$

Ne& e,!)o-ee ha .iven trainin. (n*er e0!erien#e* e,!)o-ee$ The ne& e,!)o-ee &ork (n*er e0!erien#e

e,!)o-ee an* o+erve hi a)) a#tivitie$ hen #o,!an- e,!)o- ne& te#hno)o.- or there i an- #han.e inthe &orkin. of #o,!an- the trainin. !ro.ra, i arran.e*$


20/40

1:

1. E:;3oy Motvato!@

Karv-6 e,!)o-ee are hi.h)- e,!o&ere*$ The- *on6t have to re!ort an- !eron of the a,e +ran#h +(t the-

re!ort (!!er )eve) +ran#h$ E$e$ Marketin. e0e#(tive of a,na.ar +ran#h *ire#t)- re!ort Senior Marketin.e0e#(tive of 2aro*a /ona) offi#e$

If !arti#()ar +ran#h earn #ertain !rofit then Karv- .ive the, !e#ia) in#entive$ E$.$ )at -ear Karv- ha*

arran.e* t&o *a- to(r of Div for their e,!)o-ee of Ra"kot' a,na.ar' (na.a*h an* 2havna.ar +ran#h

&hi#h &a tota))- free of #ot$ Thi a)o he)! in ,aintainin. #o>o!eration +et&een e,!)o-ee$


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20

NOW KAR%& GROUP CONSISTS O( ** HIGHL& RENOWED ENTITIES WHICH

ARE AS (OLLOW@

*. KAR%& CONSULTANTS LIMITED@

The firt e#(ritie re.itr- to re#eive ISO :??@ #ertifi#ation in In*ia$ Re.itere* &ith SE2I a Cate.or- I

Re.itrar' i N(,+er 9 Re.itrar in the #o(ntr-$ The a&ar* of +ein. QMot A*,ire6 Re.itrar i one a,on.

,an- of the a#kno&)e*.e,ent &e re#eive for o(r #(to,er frien*)- an* #o,!etent ervi#e$

,. KAR%& STOCK BROKING LIMITED@

Karv- to#k +rokin. )t*$ Conit of five (nit na,e)- to#k +rokin. ervi#e' *e!oitor- !arti#i!ant'

a*vior- ervi#e' *itri+(tion of finan#ia) !ro*(#t' a*vior- ervi#e an* !rivate #)ient .ro(!$

1. KAR%& IN%ESTOR SER%ICES LIMITED@

It i re.itere* &ith SE2I a a #ate.or- 9 ,er#hant +anker$ It #)iente)e in#)(*e )ea*in. #or!orate' tate

.overn,ent' forei.n intit(tiona) invetor' !(+)i# an* !rivate e#tor #o,!anie an* +ank' in In*ia an*

.)o+a) ,arket$


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21

5. KAR%& INSURANCE BROKING LIMITED@

Karv- in(ran#e +rokin. )t* i a)o a !art of karv- to#k +rokin. )t*$ At karv- in(ran#e +rokin. )i,ite*

+oth )ife an* non>)ife in(ran#e !ro*(#t are !rovi*e* to retai) in*ivi*(a)' hi.h net>&orth #)ient an*

#or!orate$

7. KAR%&@

The #o,!an- !rovi*e invet,ent' a*vior- an* +rokera.e ervi#e in In*ia Co,,o*itie Market$ An*

,ot i,!ortant)-' it offer a &i*e rea#h thro(.h o(r +ran#h net&ork of over@@ +ran#h )o#ate* a#ro 9;?

#itie$

+. KAR%& GLOBAL SER%ICES@

Karv- .)o+a) i a )ea*in. +(ine an* kno&)e*.e !ro#e o(to(r#in. Servi#e Co,!an- offerin. #reative

+(ine o)(tion to #)ient .)o+a))-$ It o!eration in +ankin. an* finan#ia) ervi#e' in(ran#e' hea)th#are an*

!har,a#e(ti#a)' ,e*ia' te)e#o, an* te#hno)o.-$ It ha it a)e an* +(ine *eve)o!,ent offi#e in Ne&

York' USA an* the offhore .)o+a) *e)iver- #entre in %-*era+a*' In*ia$


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22

8. Karvy Ra3tyI!#a 3:t#@

Karv- Rea)t- 1In*ia3 5i,ite* i en.a.e* in the +(ine of rea) etate an* !ro!ert- ervi#e offerin.7

• 2(-in. e))in. rentin. of !ro!ertie

• I*entif-in. va)(a+)e invet,ent o!!ort(nitie in the rea) etate e#tor

• Fa#i)itatin. finan#ia) (!!ort for rea) etate an* invet,ent in !ro!ertie

• Rea) etate !ortfo)io a*vior- ervi#e$

9. KAR%& COMPUTERSHARE PRI%ATE LIMITED@

Karv- Co,!(terhare !rivate )i,ite* i a "oint vent(re +et&een Co,!(terhare' A(tra)ia an* karv-

Con()tant 5i,ite*' In*ia in the re.itr- ,ana.e,ent ervi#e in*(tr-$ Co,!(terhare' A(tra)ia i the

&or)*6 )ar.et an* on)- .)o+a) hare re.itr- !rovi*in.$ Finan#ia) ,arket ervi#e an* te#hno)o.- to the

.)o+a) e#(ritie in*(tr-$ Karv- Cor!orate an* M(t(a) F(n* Share Re.itr- an* Invetor Servi#e +(ine$

In*ia6 No$9 Re.itrar an* Tranfer A.ent an* rate* a In*ia6 8Mot A*,ire Re.itrar” for it overa))

e0#e))en#e in vo)(,e ,ana.e,ent' 4(a)it- !ro#e an* te#hno)o.- *riven ervi#e$

0. KAR%& DATA MANAGEMENT SER%ICES LIMITED@

KDMS5 i e,er.in. a a )ea*in. ervi#e !rovi*er in the area of E>.overnan#e !ro#ein.' in(ran#e +a#k

offi#e !ro#ein.' re#or* kee!in.' +a#k offi#e for 2FSI #)iente)e an* i in !(r(it to eta+)ih #re*entia) in

the area of Te)e#o, !ro#ein.' Data ,ana.e,ent re4(ire,ent of )ar.e #or!orate$

KDMS5 i trivin. to a#hieve )ea*erhi! !oition +- ta!!in. the In*ian retai) e#tor +oo,' thro(.h a#o,+ination of o(r e0tenive +ran#h net&ork an* !ro!rietar- IT +a#k+one$ Nee*)e to a-' KDMS5 i r(n

a an in*e!en*ent o(tfit &ith eaone* !rofeiona) on +oar*' &ho have *e#a*e of e0!ertie in the

in*(tr-$


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27

KDMS5 i a f())- o&ne* (+i*iar- of Karv- Sto#k 2rokin. 5i,ite* 1KS253' in#or!orate* in A!ri) @??;

an* i hea* 4(artere* at %-*era+a*$

*4. KAR%& (ORTUNE@

Karv- No& !reent Karv- Fort(ne' a #orre)ate o!!ort(nit- fro, In*ia6 fore,ot finan#ia) ervi#e

!rovi*er' karv-$ It offer #o,!)ete Karv-6 !e#tr(, of finan#ia) !ro*(#t$ Karv- fort(ne .ive the

o!!ort(nit- to ao#iate &ith 8Karv- Fa,i)-” a Fran#hiee' Re,ier' E> Fran#hiee or a an In*e!en*ent

Finan#ia) A*vior$

**. KAR%& THE (INAPOLIS@

In it a,+ition to e,er.e a a #o,!)ete finan#ia) a*vior' KARVY ha re#ent)- )a(n#he* it !erona)

finan#ia) !)annin. &in.' KARVY Finan#ia) P)annin.$ It !ro!oe to #ater a)) a*vi#e to it #(to,er

!ertainin. to !erona) finan#e$

ith In*ia e,er.in. a a tron. ,arket' the invet,ent aven(e have a)o in#reae*' to a*vi#e o(r

#(to,er the ri.ht aven(e a##or*in. to their (ita+i)it-$ O(r viion i 8to #ater to the (ni4(e nee* an*

re4(ire,ent of the ,a aff)(ent +- !rovi*in. #o,!)ete finan#ia) o)(tion an* there+- ena+)in. the, totranfor, their *rea, into rea)it-”


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2)

COMPETITOR>S O( KAR%&

A *iverifie* finan#ia) ervi#e .ro(! &ith a !an>In*ia !reen#e an* !reen#e in ,()ti!)e internationa)

)o#ation' Re)i.are Enter!rie 5i,ite* 1RE53 offer a #o,!rehenive (ite of #(to,er> fo#(e* finan#ia)

!ro*(#t an* ervi#e tar.ete* at retai) invetor' hi.h net &orth in*ivi*(a) an* #or!orate an* intit(tiona)

#)ient$

RE5' a)on. &ith it "oint vent(re !artner' offer a ran.e of !ro*(#t an* ervi#e in In*ia' in#)(*in. aet,ana.e,ent' )ife in(ran#e' &ea)th ,ana.e,ent' e4(it- an* #o,,o*it- +rokin.' invet,ent +ankin.'

)en*in. ervi#e' !rivate e4(it- an* M(t(a) F(n*$ ith a vie& to e0!an* an* *iverif-' RE5 o!erate in the

)ife in(ran#e !a#e (n*er 8AEGON Re)i.are 5i.e In(ran#e Co,!an- 5i,ite*” an* ha )a(n#he* In*ia6

firt &ea)th ,ana.e,ent "oint vent(re the +ran* na,e 8Re)i.are Ma#4(arie Private ea)th”$

RE5 o!erate fro, even *o,eti# re.iona) offer' (+>re.iona) offi#e' an* ha a !reen#e in :; #itie

an* to&n #ontro))in. 9;= +(ine )o#ation a)) over In*ia$

The In*ia Info)ine .ro(!' #o,!riin. the ho)*in. #o,!an-' In*ia Info)ine 5i,ite* an* it &ho))->o&ne*

(+i*iarie' tra**)e the entire finan#ia) ervi#e !a#e &ith offerin. ran.in. fro, E4(it- reear#h'

E4(itie an* *erivative tra*in.' #o,,o*itie tra*in.' Portfo)io Mana.e,ent Servi#e' M(t(a) F(n*' 5ife

In(ran#e' Fi0e* *e!oit$ GOI +on* an* other ,a)) avin. intr(,ent to )oan !ro*(#t an* Invet,ent

+ankin.$ In*ia Info)ine a)o o&n an* ,ana.e the &e+ite &&&$in*iainfo)ine$#o, an* &&&$!aia$#o,

Re)ian#e Mone-' a Re)ian#e Ca!ita) Co,!anan* !art of the Re)ian#e Ani) Dhir(+hai A,+ani Gro(! i a

#o,!rehenive finan#ia) ervi#e an* o)(tion !rovi*er$ It i a one>to!>ho!' !rovi*in. en*>9?>en* finan#ia)

http://www.indiainfoline.com/http://www.5paisa.com/http://www.indiainfoline.com/http://www.5paisa.com/


26/40

25

o)(tion$ It ha the )ar.et non>+ankin. *itri+(tion #hanne) &ith over 9???? o(t)et an* @???? to(#h !oint

!rea* a#ro 9B #itieto&n #aterin. to the *ivere nee* of over ,i))ion e0itin. #(to,er$

Re)ian#e Mone- en*eavo(r to #han.e the &a- invetor trana#t in finan#ia) ,arket an* avai) finan#ia)

ervi#e$ It !rovi*e #(to,er &ith a##e to E4(it- an* #o,,o*it- Derivative' offhore invet,ent'

!ortfo)io ,ana.e,ent ervi#e &ea)th ,ana.e,ent ervi#e' invet,ent 2ankin.' M(t(a) F(n*' IPO6' 5ife

an* Genera) in(ran#e !ro*(#t an* Go)* Coin$ C(to,er #an a)o avai) 5oan' Cre*it Car* et#$

Kotak Se#(ritie )t*$ 9?? (+i*iar- of Kotak Mahin*ra 2ank i one of the o)*et an* )ar.et +rokin.

fir, in the In*(tr-$ Kotak Se#(ritie offer in#)(*e to#k +rokin. thro(.h the +ran#h an* Internet'

Invet,ent in IPO$ M(t(a) F(n* an* Portfo)io ,ana.e,ent ervi#e$ Kotak Se#(ritie i a)o a *e!oitor-

!arti#i!ant &ith Nationa) Se#(ritie De!oitor- 5i,ite* 1NSD53 an* Centra) De!oitor- Servi#e 5i,ite*

1CDS53' Kotak !ro#e ,ore than ????? tra*e a *a- &hi#h i ,(#h hi.her even than o,e of the

reno&ne* internationa) +roker$ The Net&ork of Kotak Se#(ritie !an over 9 #itie &ith ; o(t)et$

Kotak Se#(ritie 5i,ite* ha R$ @:: #rore of Aet (n*er Mana.e,ent 1AUM3$ The !ortfo)io

Mana.e,ent ervi#e !rovi*e to! #)a ervi#e' #aterin. to the hi.h en* of the ,arket$ Portfo)io

Mana.e,ent fro, Kotak Se#(ritie #o,e a an an&er to thoe &ho &o()* )ike to .ro& e0!onentia))- on

the #ret of the to#k ,arket' &ith the +a#kin. of an e0!ert$

INTRODUCTION TO STOCK MARKET

Sto#k ,arket refer to a ,arket !)a#e &here in invertor #an +(- an* e)) to#k$ The !ri#e at &hi#h ea#h

+(-in. an* e))in. trana#tion take i *eter,ination +- the ,arket for#e 1i'e$ *e,an* an* (!!)- for a

!arti#()ar to#k 3$

5et ( take an e0a,!)e for a +etter (n*ertan*in. of ho& ,arket for#e *eter,ine to#k !ri#e$ A2C Co$

5t*$ En"o- hi.h invetor6 #onfi*en#e an* there i an anti#i!ation of an (!&ar* ,ove,ent in it to#k

!ri#e$ More an* ,ore !eo!)e &o()* &ant to +(- thi to#k 1I$e$' hi.h *e,an*3 an* ver- fe& !eo!)e &i))

&ant to e)) thi to#k at #(rrent ,arket !ri#e$ Therefore' +(-er &i)) have to +i* a hi.her !ri#e for thi

to#k to ,at#h the ak !ri#e fro, the e))er &hi#h &i)) in#reae the to#k !ri#e of A2C Co$ 5t*$ On the#ontrar-' if there are ,ore e))er than +(-er for the to#k of A2C Co$ 5t*$ In the ,arket' it !ri#e &i)) fa))

*o&n$


27/40

2*

In ear)ier ti,e' +(-er an* e))er (e* to ae,+)e at to#k e0#han.e to ,ake a tranition +(t no& &ith the

*a&n of IT' ,ot of the o!eration are *one e)e#troni#a))- an* the to#k ,arket have +e#o,e a),ot

!a!er)e$ No& invetor *on6t have to .ather at the e0#han.e' an* #an tra*e free)- fro, their ho,e or offi#e

over the !hone or thro(.h Internet$

PRIMAR& MARKET

The ;r:ary :arkt i the !art of the #a!ita) ,arket that *ea) &ith i(in. of ne& e#(ritie$ Co,!anie'

.overn,ent or !(+)i# e#tor intit(tion #an o+tain f(n* thro(.h the a)e of a ne& to#k or +on*

i(e thro(.h !ri,ar- ,arket$ Thi i t-!i#a))- *one thro(.h an invet,ent +ank or finan#e -n*i#ate of

e#(ritie *ea)er$

The !ro#e of e))in. ne& i(e to invetor i #a))e* (n*er&ritin.$ In the #ae of a ne& to#k i(e' thi

a)e i an !ta3 ;u-3c o//r!" IPO$ Dea)er earn a #o,,iion that i +(i)t into the !ri#e of the e#(rit-

offerin.' tho(.h it #an +e fo(n* in the !ro!e#t($ Pri,ar- ,arket #reate )on. ter, intr(,ent thro(.h

&hi#h #or!orate entitie +orro& fro, #a!ita) ,arket$

On#e i(e* the e#(ritie t-!i#a))- tra*e on a e#on*ar- ,arket (#h a a to#k e0#han.e' +on*

,arket or *erivative e0#han.e$

(EATURES@

Feat(re of !ri,ar- ,arket are7

• Thi i the ,arket for ne& )on. ter, e4(it- #a!ita)$ The !ri,ar- ,arket i the ,arket &here the

e#(ritie are o)* for the firt ti,e$ Therefore it i a)o #a))e* the ne& i(e ,arket 1NIM3$

• In a !ri,ar- i(e' the e#(ritie are i(e* +- the #o,!an- *ire#t)- to invetor$

• The #o,!an- re#eive the ,one- an* i(e ne& e#(rit- #ertifi#ate to the invetor$

• Pri,ar- i(e are (e* +- #o,!anie for the !(r!oe of ettin. (! ne& +(ine or for e0!an*in. or

,o*erni/in. the e0itin. +(ine$

•

The !ri,ar- ,arket !erfor, the #r(#ia) f(n#tion of fa#i)itatin. #a!ita) for,ation in the e#ono,-$

http://en.wikipedia.org/wiki/Security_(finance)http://en.wikipedia.org/wiki/Stock_issuehttp://en.wikipedia.org/wiki/Stock_issuehttp://en.wikipedia.org/wiki/Bond_issuehttp://en.wikipedia.org/wiki/Bond_issuehttp://en.wikipedia.org/wiki/Investment_bankhttp://en.wikipedia.org/wiki/Syndicate#Finance_syndicateshttp://en.wikipedia.org/wiki/Syndicate#Finance_syndicateshttp://en.wikipedia.org/wiki/Underwritinghttp://en.wikipedia.org/wiki/Underwritinghttp://en.wikipedia.org/wiki/Stock_issuehttp://en.wikipedia.org/wiki/Initial_public_offeringhttp://en.wikipedia.org/wiki/Initial_public_offeringhttp://en.wikipedia.org/wiki/Prospectus_(finance)http://en.wikipedia.org/wiki/Secondary_markethttp://en.wikipedia.org/wiki/Secondary_markethttp://en.wikipedia.org/wiki/Secondary_markethttp://en.wikipedia.org/wiki/Stock_exchangehttp://en.wikipedia.org/wiki/Stock_exchangehttp://en.wikipedia.org/wiki/Bond_markethttp://en.wikipedia.org/wiki/Bond_markethttp://en.wikipedia.org/wiki/Bond_markethttp://en.wikipedia.org/wiki/Derivatives_exchangehttp://en.wikipedia.org/wiki/Derivatives_exchangehttp://en.wikipedia.org/wiki/Equity_(finance)http://en.wikipedia.org/wiki/Equity_(finance)http://en.wikipedia.org/wiki/Security_(finance)http://en.wikipedia.org/wiki/Stock_issuehttp://en.wikipedia.org/wiki/Bond_issuehttp://en.wikipedia.org/wiki/Bond_issuehttp://en.wikipedia.org/wiki/Investment_bankhttp://en.wikipedia.org/wiki/Syndicate#Finance_syndicateshttp://en.wikipedia.org/wiki/Underwritinghttp://en.wikipedia.org/wiki/Stock_issuehttp://en.wikipedia.org/wiki/Initial_public_offeringhttp://en.wikipedia.org/wiki/Prospectus_(finance)http://en.wikipedia.org/wiki/Secondary_markethttp://en.wikipedia.org/wiki/Stock_exchangehttp://en.wikipedia.org/wiki/Bond_markethttp://en.wikipedia.org/wiki/Bond_markethttp://en.wikipedia.org/wiki/Derivatives_exchangehttp://en.wikipedia.org/wiki/Equity_(finance)


28/40

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• The ne& i(e ,arket *oe not in#)(*e #ertain other o(r#e of ne& )on. ter, e0terna) finan#e' (#h

a )oan fro, finan#ia) intit(tion$ 2orro&er in the ne& i(e ,arket ,a- +e raiin. #a!ita) for

#onvertin. !rivate #a!ita) into !(+)i# #a!ita) thi i kno&n a .oin. !(+)i#$

• IPO an* FPO are t&o &a- to .enerate #a!ita) fro, !(+)i#$

IPO INITIAL PUBLIC O((ERING

I!ta3 ;u-3c o//r!" 1IPO3 or 6tock :arkt 3au!c


29/40

29

#orn ha +een tra*itiona))- (e* !ri,ari)- for foo* !ro*(#tion an* fee*to#k' +(t a e#on* or thir*

,arket ha *eve)o!e* for (e in ethano) !ro*(#tion3$

ith !ri,ar- i(an#e of e#(ritie or finan#ia) intr(,ent' or the !ri,ar- ,arket' invetor !(r#hae

thee e#(ritie *ire#t)- fro, i(er (#h a #or!oration i(in. hare in an IPO or !rivate !)a#e,ent' or *ire#t)- fro, the fe*era) .overn,ent in the #ae of trea(rie$ After the initia) i(an#e' invetor #an

!(r#hae fro, other invetor in the e#on*ar- ,arket$

The e#on*ar- ,arket for a variet- of aet #an var- fro, )oan to to#k' fro, fra.,ente* to #entra)i/e*'

an* fro, i))i4(i* to ver- )i4(i*$ The ,a"or to#k e0#han.e are the ,ot vii+)e e0a,!)e of )i4(i* e#on*ar-

,arket > in thi #ae' for to#k of !(+)i#)- tra*e* #o,!anie$ E0#han.e (#h a the Ne& York Sto#k

E0#han.e' 5on*on Sto#k E0#han.e an* NASDA !rovi*e a #entra)i/e*' )i4(i* e#on*ar- ,arket for the

invetor &ho o&n to#k that tra*e on thoe e0#han.e$ Mot +on* an* tr(#t(re* !ro*(#t tra*e 8over the

#o(nter'” or +- !honin. the +on* *ek of one6 +roker>*ea)er$ 5oan o,eti,e tra*e on)ine (in. a 5oan

E0#han.e$

TRADING WITH STOCK MARKET

Thi e#tion &i)) intro*(#e ( a+o(t the !ro#e an* intr(,ent (e* to he)! a #(to,er or a #)ient to tra*e&ith ar#a*ia e#(ritie$ Thi !ro#e i a),ot i,i)ar to another tra*in. fir, +(t there &i)) +e o,e

*ifferen#e in the #ot of +rokera.e #o,,iion$

Tra#!"@ It i a !ro#e +- &hi#h a #(to,er i .iven fa#i)it- to +(- an* e)) hare thi +(-in. an* e))in.

#an on)- +e *one thro(.h o,e +roker an* thi i &here Ar#a*ia he)! it #(to,er$ A #(to,er &i))in. to

tra*e &ith an- +rokera.e ho(e nee* to have a *e,at a##o(nt' tra*in. a##o(nt an* avin. a##o(nt &ith a

+rokera.e fir,$ An-one havin. fo))o&in. *o#(,ent #an o!en a)) the a+ove ,entione* a##o(nt an* #an

tart tra*in.$

Docu:!t Rur#

!hoto.ra!h 1 i.ne* a#ro3

Photo I*entifi#ation Proof > an- of the fo))o&in. > Voter IDDrivin. 5i#enePa!ort$

A**re Proof an- of the fo))o&in. > Voter IDDrivin. 5i#ene Pa!ort 2ank tate,ent or !a +ook

ea)e* an* attetation +- +ank offi#ia) 2SN5 )an*)ine +i))$

http://en.wikipedia.org/wiki/Primary_markethttp://en.wikipedia.org/wiki/Primary_markethttp://en.wikipedia.org/wiki/Issuershttp://en.wikipedia.org/wiki/Corporationshttp://en.wikipedia.org/wiki/Shareshttp://en.wikipedia.org/wiki/Initial_Public_Offeringhttp://en.wikipedia.org/wiki/Private_placementhttp://en.wikipedia.org/wiki/Private_placementhttp://en.wikipedia.org/wiki/United_States_Treasury_securityhttp://en.wikipedia.org/wiki/Loanshttp://en.wikipedia.org/wiki/Market_liquidityhttp://en.wikipedia.org/wiki/New_York_Stock_Exchangehttp://en.wikipedia.org/wiki/New_York_Stock_Exchangehttp://en.wikipedia.org/wiki/New_York_Stock_Exchangehttp://en.wikipedia.org/wiki/New_York_Stock_Exchangehttp://en.wikipedia.org/wiki/London_Stock_Exchangehttp://en.wikipedia.org/wiki/Nasdaqhttp://en.wikipedia.org/w/index.php?title=Loan_Exchange&action=edit&redlink=1http://en.wikipedia.org/w/index.php?title=Loan_Exchange&action=edit&redlink=1http://en.wikipedia.org/w/index.php?title=Loan_Exchange&action=edit&redlink=1http://en.wikipedia.org/wiki/Primary_markethttp://en.wikipedia.org/wiki/Issuershttp://en.wikipedia.org/wiki/Corporationshttp://en.wikipedia.org/wiki/Shareshttp://en.wikipedia.org/wiki/Initial_Public_Offeringhttp://en.wikipedia.org/wiki/Private_placementhttp://en.wikipedia.org/wiki/United_States_Treasury_securityhttp://en.wikipedia.org/wiki/Loanshttp://en.wikipedia.org/wiki/Market_liquidityhttp://en.wikipedia.org/wiki/New_York_Stock_Exchangehttp://en.wikipedia.org/wiki/New_York_Stock_Exchangehttp://en.wikipedia.org/wiki/London_Stock_Exchangehttp://en.wikipedia.org/wiki/Nasdaqhttp://en.wikipedia.org/w/index.php?title=Loan_Exchange&action=edit&redlink=1http://en.wikipedia.org/w/index.php?title=Loan_Exchange&action=edit&redlink=1


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2:

A #roe* Che4(e favo(rin. 8Karv- Sto#k 2rokin.”$ Of the re4(ire* a,o(nt$ The a,o(nt for De,at a

&e)) a tra*in. &i)) +e R$ :??>1free De,at :?? Tra*in. A##o(nt3 the ,ini,(, a,o(nt +ein. R$

:?? a #he4(e #an +e .iven for a )ar.er a,o(nt$

Co!- of PAN Car* i ,an*ator-$

Re.itration Kit

CDS5 De,at Kit

2ank an* a**re !roof *e#)aration$

PAN na,e *i#re!an#- for,$

Thee *o#(,ent ,a- not +e #on(,er frien*)- +(t it i to avoi* i))e.a) trana#tion an* to !revent +)a#k

,one- thi en(re that ,one- invete* i a##o(nte*$

Tc

a#t(a) ,one- i re!)a#e* +- hare$ e nee* to a!!roa#h the De!oitor- Parti#i!ant 1DP' the- are )ike

+ank +ran#he3' to o!en De,at a##o(nt$


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70

A #;o6tory i a !)a#e &here the to#k of invetor are he)* in e)e#troni# for,$ The *e!oitor- ha

a.ent &ho are #a))e* #;o6tory ;artc;a!t6 1DP3$

Think of it )ike a +ank$ The hea* offi#e &here a)) the te#hno)o.- ret an* *etai) of a)) a##o(nt he)* i

)ike the *e!oitor-$ An* the DP are the +ran#he that #ater to in*ivi*(a)$

There are on)- t&o *e!oitorie in In*ia

The Nationa) Se#(ritie De!oitor- 5t* 1NSD53 an* the

Centra) De!oitor- Servi#e 5t* 1CDS53$

Ca;ta3 Markt Partc;a!t6

2ank

E0#han.e

C)earin. Cor!oration

2roker

C(to*ian

De!oitorie

Invetor

Mer#hant 2anker

Ty;6 o/ I!v6tor6

Intit(tiona) Invetor> MF FI FII 2ank

Ar+itra.e(r

%e*.er


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71

o++er

CASH SEGMENT

Cah tra*in. i an invet,ent trate.- that #a)) for the invetor to ,ake !(r#hae of e#(ritie on a #ah

+ai on)-$ Thi i *ifferent fro, the !ro#e of tra*in. on ,ar.in' &here the invetor ,ake (e of a )ine of

#re*it e0ten*e* thro(.h a +roker$ ith the #ah tra*in. ,etho*' the invetor re)ie o)e)- on the +a)an#e of

hi or her #ah a##o(nt to !(r#hae to#k' +on*' #o,,o*itie or other invet,ent vehi#)e$

INTRADA&

Intra*a- tra*in. refer to o!enin. an* #)oin. a !oition in a e#(ritin the a,e tra*in. *a-$ Thi #an +e

+(-in. an* e))in. to #a!ita)i/e on a !otentia) rie in a e#(rit- va)(e or hortin. an* #overin. the hort to

#a!ita)i/e on a !otentia) *ro! in va)(e$ Intra*a- tra*er #a!ita)i/e on ,a)) ,ove in the va)(e of a e#(rit-

+- (in. )evera.e or ,ar.in' &hi#h +ai#a))- ,ean +orro&in. ,one-$

Mot *a- tra*in. a##o(nt are a))o&e* to take an initia) !oition in a e#(rit- that i the va)(e of their

a##o(nt 1!er e#(ritie re.()ation3' +(t o,e !rofeiona) a##o(nt .et ,ore )evera.e 1i$e$ 9?3$ For

intan#e' a *a- tra*er &ith R$9?'??? in hiher a##o(nt #an take a R$?'??? !oition in a e#(rit- for *a-

tra*in. !(r!oe$ Thi a,o(nt i not a))o&e* to +e he)* overni.ht 1on)- a+o(t @ the va)(e of the a##o(nt

#an +e he)* overni.ht !er e#(ritie re.3$ The )evera.e inherent in *a- tra*in. a))o& ,a)) .ain in a !oition to -ie)* ,eanin.f() !rofit 1an* )oe3$ Mot *a- tra*er are ver- tri#t a+o(t #(ttin. )oe &ith

to! )o or*er$ Thi )i,it the !otentia) *o&ni*e 1+(t not the (!i*e3 on an- !arti#()ar tra*e' hen#e the

a*a.e #(t -o(r )oe hort an* )et -o(r !rofit r(n$ ith thi +ai# trate.-' a *a- tra*er #an +e &ron. on

? of hiher tra*e an* ti)) ,ake .oo* ,one-$ Da- tra*in. t-)e var- fro, #a)!er' &hi#h take

!oition for on)- a fe& ,in(te' to ho)*in. a !oition for ,ot of the *a-$ So,e *a- tra*er are ,o,ent(,

fo))o&er an* "(,! onto an- .iven ,ove' &hi)e other tr- to i*entif- intra*a- revera)$ Virt(a))- a)) *a-

tra*er (e te#hni#a) ana)-i 1to#k #hartin.3 heavi)- in their *e#iion ,akin.$

DELI%ER&

De)iver- Tra*in. i a ver- e#(re Tra*in.$ If &e +(- hare to*a- an* e)) the, after 9 *a- then the t-!e of

tra*in. i #a))e* a De)iver- Tra*in.$ Share -o( +o(.ht in De)iver- o!tion #an +e o)* at anti,e +efore

Market #)oe$ I$e$ (! to $? !,$ If -o( +(- hare ith the De)iver- o!tion' It &i)) +e taken a De)iver-

Tra*e on)- if -o( e)) -o(r hare after 9 *a- 1,a- +e ne0t *a- or after a ,onth or after a -ear' -ear

&henever -o( e)) after 9 *a- it i #a))e* *e)iver- Tra*in.3 In De)iver- Tra*in.' it &i)) a)o a))o& -o( toe)) -o(r hare &ithin 9 *a- a)o 1,a- +e &ithin 9 e#' 9 ho(r' 2efore ,arket #)oe3$ 2(t if -o( e)) the

hare &hi#h &ere +o(.ht &ith De)iver- o!tion &ithin 9 *a-1,a- +e &ithin 9 e#' 9 ho(r' 2efore ,arket

#)oe3 &o()* not +e taken a a De)iver- Tra*in. an* &o()* +e taken a Intra*a- Tra*in.$ A)) the +rokera.e


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72

for (#h Tra*e &i)) +e #har.e* a !er intra*a- +rokera.e #har.e 1?$?@ to ?$?3$ Therefore if +(- a

e#(ritie &ith De)iver- Tra*in. o!tion &e #an a)o e)) it in Intra*a-$

The ,ain a*vanta.e of De)iver- Tra*in. i that' the 5o of Fear of Mone- i ver- )e &hen #o,!are*

&ith Intra*a- Tra*in.$

The ,ain *ia*vanta.e of De)iver- Tra*in. i that' the +rokera.e #har.e* +- Share 2rokin. Co,!anie i

ver- hi.h for De)iver- Tra*in.$ It i aro(n* ?$@ to ?$$ An* in thi t-!e of Tra*e !rofit &i)) in#reae

)o&)-$


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77

DI((ERENT BROKERAGES CHARGES O( BROKING

COMPANIES

S.No Co,!an- Na,e Intra*a-

Char.e

D3vry C


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7)

A. CALL@ A #a)) o!tion i an o!tion #ontra#t in &hi#h the ho)*er 1+(-er3 ha the ri.ht (but not the

obligation) to +(- a !e#ifie* 4(antit- of a e#(rit- at a !e#ifie* !ri#e 1trike !ri#e3 &ithin a fi0e*

!erio* of ti,e 1(nti) it e0!iration3$

For the &riter 1e))er3 of a #a)) o!tion' it re!reent an o+)i.ation to e)) the (n*er)-in. e#(rit- at the

trike !ri#e if the o!tion i e0er#ie*$ The #a)) o!tion &riter i !ai* a !re,i(, for takin. on the rik

ao#iate* &ith the o+)i.ation$

B. PUT@ An o!tion #ontra#t .ivin. the o&ner the ri.ht' +(t not the o+)i.ation' to e)) a !e#ifie*

a,o(nt of an (n*er)-in. aet at a et !ri#e &ithin a !e#ifie* ti,e$ The +(-er of a !(t o!tion

eti,ate that the (n*er)-in. aet &i)) *ro! +e)o& the e0er#ie !ri#e +efore the e0!iration *ate$

COMPARISION O( KAR%& WITH OTHER BROKERS

S.No COMPAN&

NAME

AM

C

ACCOUNT

OPENING

MARGI

N

INTRADA& DELI%ER&

http://www.theoptionsguide.com/strike-price.aspxhttp://www.theoptionsguide.com/expiration-date.aspxhttp://www.theoptionsguide.com/underlying-security.aspxhttp://www.theoptionsguide.com/exercise-and-assignment.aspxhttp://www.theoptionsguide.com/options-premium.aspxhttp://www.theoptionsguide.com/strike-price.aspxhttp://www.theoptionsguide.com/expiration-date.aspxhttp://www.theoptionsguide.com/underlying-security.aspxhttp://www.theoptionsguide.com/exercise-and-assignment.aspxhttp://www.theoptionsguide.com/options-premium.aspx


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75

CHARGES MONE&

9 Shairkhan

Sto#k

2rokin. )t*$

?? A2OVE ?K

NI5' 2E5O

?K RS$9?'???

9???? 9? TIMES @ TIMES

@ Arihant

Ca!ita) )t*$

?= BB? @??? TIMES TIMES

1 Karvy Stock

Brok!" 3t#.

174 +74 7444 9 TIMES , TIMES

Anan* Rathi

)t*$

@ ? 9???? @ TIMES @ TIMES

An.e)

2rokin. )t*$

? ? @??? = TIMES TIMES

B In*ia

Info)ine )t*$

? =? @??? 9? TIMES TIMES

= Re)i.are

Se#(ritie

)t*$

?? ? 9???? 9? TIMES TIMES

; Kotak

Se#(ritie

)t*$

B?? =? 9???? TIMES TIMES

: Re)ain#e

Ca!ita) )t*$

?? 9??? 9???? @ TIMES @ TIMES

Note7 Given *ata #o))e#te* *(rin. ,- (,,er internhi! f(rther it ,a- #han.e$

SWOT ANAL&SIS


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7*

STRENGTH@

9$ (a)ifie* an* e0!erien#e* &ork for#e$

@$ i*e !rea* +ran#he an* +roker net&ork$

$ i*e ran.e of !ro*(#t an* ervi#e$

$ Stron. #(to,er re)ationhi!$

WEAKNESS@

9$ Not eno(.h a*vertie,ent$

@$ The #o,!an- t(rnover i *e!en*ent on ,arket !erfor,an#e$

$ 5a#k of 5o-a) #)ient$

OPPORTUNIT&@

9$ Marketin. at e,i>(r+an area$

@$ Gro&in. #on(,er a&arene a+o(t e4(it- ,arket$

$ Poitive o(t)ook of !eo!)e to&ar* finan#ia) !ro*(#t$

THREATS@

9$ Market (n#ertaint-$

@$ Re*(#e* +rokera.e #har.e +- ne& !)a-er$

SUGGESTION

9$ orkin. a an internhi! in karv- to#k +rokin. 5t*' Infe)t that karv- #an .o for !ro,otiona)

a#tivitie for .ainin. ,ore ,arket hare a karv-6 #o,!etitor are *oin. the a,e$

@$ Karv- ho()* tr- to ,ini,i/e it6 +rokera.e$


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78

$ The #o,!an- ho()* or.ani/e the e,inar an* i,i)ar a#tivitie to enhan#e the kno&)e*.e of

!ro!e#tive an* e0itin. #(to,er' o that the- #an fee) ,ore #o,forta+)e &hi)e invetin. in to#k

,arket$

$ The- ho()* (!.ra*e their te#hno)o.-$ A their #o,!etitor a)rea*- have a*van#e verion of

te#hno)o.-$

CONCLUSION

hi)e *oin. ,- (,,er internhi! !ro.ra, I #a,e to a #on#)(ion that thi trainin. ha he)!e* ,e ,(#h in

.ettin. the thoro(.h kno&)e*.e a+o(t o,e of the to#k +rokin. #o,!anie' ho& thee #o,!anie are

#o,!etin. a.aint ea#h other for .ettin. the ,ore ,arket hare' ho& the- are a!!)-in. *ifferent ,arketin.

trate.ie to attra#t #(to,er an* ,akin. the, atifie*$


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79

I #a,e to kno& a+o(t the *e,at a##o(nt' it +enefit' ho& *oe it !rovi*e ervi#e the #(to,er of &hi#h I

&a tota))- i.norant &hen I tarte* ,- !ro"e#t$

I .athere* ,(#h ,ore kno&)e*.e a+o(t Karv- Sto#k 2rokin. 5t*$ It ervi#e' it trate.ie' an* ho& ever-

e,!)o-ee of it &ork har* to a#hieve the or.ani/ationa) .oa) I$e$ a#hieve the ,a0i,(, ,arket hare thro(.h

#(to,er atifa#tion$

• One thin. that I noti#e* *(rin. ,- fie)* &ork that ,an- !eo!)e of INDORE not ,(#h ,ore

a&ar*e* a+o(t the vario( finan#ia) !ro*(#t an* ervi#e of Karv- &hi#h ha* to +e there$ The-

are i.norant a+o(t *e,at a##o(nt an* )a#k of kno&)e*.e an* infor,ation a+o(t it #are* the,

of invetin. ,one- in hare ,arket$ So to .enerate a&arene a,on. the, a*vertiin.

#a,!ai.n #an re()t in fr(itf() re()t$ On)- a )i,ite* !er#enta.e of !eo!)e are en"o-in.

invetin. ,one- in hare ,arket in INDORE

$

• 5at)- an* not the )eat a a #oin ha t&o i*e' Karv- ha favo(ra+)e an* (nfavo(ra+)e a!e#t$

The favo(ra+)e a!e#t i that it !rovi*e )ot of +enefit to it #(to,er &hi#h o,e of it

#o,!etitor fai) to !rovi*e an* a.ain )e a&arene a+o(t it a,on. !eo!)e i it ne.ative i*e

&hi#h hin*er the, to invet their f(n* #onfi*ent)-$

BIBLIOGRAPHY

9$ &&&$karv-on)ine$#o,@$ &&&$nein*ia$#o,

$ &&&$+e$#o,

$ &&&$inveto!e*ia$#o,

http://www.karvyonline.com/http://www.nseindia.com/http://www.bse.com/http://www.investopedia.com/http://www.karvyonline.com/http://www.nseindia.com/http://www.bse.com/http://www.investopedia.com/


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$ &&&$hare,arket+ai#$#o,

B$ htt!7in$an&er$-ahoo$#o,
http://www.sharemarketbasics.com/https://in.answers.yahoo.com/http://www.sharemarketbasics.com/https://in.answers.yahoo.com/

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Abhishek Karvy1