Prerna Jhunjhunwala

HDFC Asset Management Co. Ltd. (Investment Management) (HDFC-IM) is the fund management division of HDFC Asset Management Co. Ltd. (NSE: HDFCAMC), which is ultimately owned by HDFC Bank Ltd. (NSE: HDFCBANK) in India. The firm was founded in 1999 as a joint venture between HDFC and Standard Life Investments Ltd. Headquartered in Mumbai, HDFC-IM manages a range of mutual funds and provides portfolio management and advisory services for institutional investors and private individuals.

HSBC Securities & Capital Markets (India) Pvt Ltd. (HSBC Securities India) is a securities brokerage firm headquartered in Mumbai, India. The firm was founded in 1994 and is a subsidiary of HSBC Investment Bank Holdings BV, ultimately held by HSBC Holdings Plc (LON: HSBA) in Great Britain. HSBC Securities India offers services in Investment Banking (IB), Infrastructure and Real Estate, Equities research and stock broking. Infrastructure and Real Estate Group services are provided to governments, large corporates and top-tier banks. Equities research and stock broking primarily cater to the institutional client base which includes foreign institutional investors, foreign portfolio investors, local institutions, mutual funds, insurance companies, and select high net worth and corporate clients.

HDFC Securities Ltd. is a securities brokerage firm headquartered in Mumbai, India. The firm was founded in 2000 and is a subsidiary of HDFC Bank Ltd. (NSE: HDFCBANK). HDFC provides brokerage services across different asset classes such as equity, gold, debt, real estate, stocks, derivatives, mutual funds, fixed deposits, NCDs, insurance, bonds and currency derivatives.

SMERA Ratings Ltd. provides credit rating services to small and medium enterprises. The firm's services include micro finance institutions and maritime institutes grading, green ratings and project grading. The company was founded in 2005 and is headquartered in Mumbai, India.

DAM Capital Advisors Ltd. (Broker) (DAM Capital-Broker) is the securities broker division of DAM Capital Advisors Ltd., an integrated full-service equity-focused Investment Bank and Institutional Equities platform headquartered in Maharashtra, India. The firm was founded in 1993 and formerly known as IDFC Securities Ltd. DAM Capital-Broker offers proficient and effective research and broking services to marquee global and local institutions investing in Indian equities.

Prabhudas Lilladher Pvt Ltd. (PL) is an investment research firm headquartered in Mumbai, India. The firm was founded in 1983 and provides various global equity research reports for institutional and retail clients. PL covers over 150 stocks that span across 20 mid and large sectors. Their Research Desk is comprised of dedicated teams for technical and fundamental research, conducting painstaking research to beat the market time and again. The lab has internally developed analytical tools and models that have consistently provided clients with an edge over the market. The findings of the research team take shape in the form of their various daily, monthly and quarterly; fundamental & technical research reports.

Kisan Ratilal Choksey Shares & Securities Pvt. Ltd. is an independent securities brokerage firm headquartered in Mumbai, India. Founded in 1979, the firm offers trading services to high net-worth individuals, corporates, NRI, mutual funds, as well as other financial institutions.

Nuvama Wealth Management Ltd. (Nuvama) is the securities brokerage subsidiary of Edelweiss Financial Services Ltd. (NSE: EDELWEISS) in India. Formerly known as Edelweiss Securities Ltd., the firm is headquartered in Mumbai and provides brokerage services to global and domestic institutional investors. Nuvama offers perspective and fundamental research on economic issues, emerging themes and strategic analysis. They cover more than 250 stocks across 25+ sectors. Their trading desk offers multiple platforms that enable seamless execution of complex trades, across the entire gamut of trading strategies.

Dolat Capital Market Pvt Ltd. is an independent brokerage firm headquartered in Mumbai, India. The firm was founded in 1970 to offer equity research services, trade execution and settlement (equities and derivatives) to institutional clients. They specialize in the Indian mid-market coverage across sectors.

Batlivala & Karani Securities India Pvt Ltd. (B&K Securities) is an independent brokerage firm headquartered in Mumbai, India. Founded in 1998, B&K Securities offers investment and financial services such as equity, debt, currency and derivatives research, sales and trading for institutional and corporate clients.

Part of Bank of Baroda, BOB Capital Markets Ltd. is an Indian company that provides brokerage services. The private company is based in Mumbai, India. Ratnesh Kumar has been the CEO of the company since 2016.

ICICI Securities Ltd. (Broker) is the brokerage division of ICICI Securities Ltd., a subsidiary of ICICI Bank Ltd. (NSE: ICICIBANK) in India. Headquartered in Mumbai, the firm was founded in 1995 and offers retail trading and investment services for corporates, financial institutions, high net-worth individuals and retail investors.

SBICAP Securities Ltd. (SSL) is the wholly-owned brokerage subsidiary of SBI Capital Markets Ltd., itself a subsidiary of the Indian Government's State Bank of India (BOM: 500112, NSE: SBIN). The firm was created in 2006 to take over the broking operations of SBI Capital Markets Ltd., which was founded in 2001. Headquartered in Mumbai, SSL provides broking services to a range of investors including financial institutions, FIIs, mutual funds, banks, corporates, high-net worth individual, non-residential investors and retail Indian investors. Its broking product range covers Institutional and Retail Equity, Derivatives, Depository Participant services, On-Line trading and a wide variety of Third Party Distribution products.

Elara Capital Plc provides brokerage services. The private company is based in London, UK and has a global presence of subsidiaries in several regions. The British company was founded in 2002 by Rajendra Bhatt. Rajendra Bhatt has been the CEO since 2002.

Emkay Global Financial Services Ltd. (Broker) (Emkay-Broker) is the securities brokerage division of Emkay Global Financial Services Ltd. (NSE: EMKAY), a publicly held financial services company headquartered in Mumbai, India. Founded in 1995, Emkay-Broker offers commodities, currency derivatives and retail broking services to various investors.

Equitymaster Agora Research Pvt Ltd. (EAR) is a brokerage firm headquartered in Mumbai, India and was founded in 1996. They are a joint venture of Quantum Information Services Pvt. Ltd. and Agora Inc. EAR provides brokerage services to their clients.

Part of Reliance Capital Ltd., Reliance Securities Ltd. is an Indian company that provides brokerage services. The company is based in Mumbai, India.

Part of SPA Group, Arete Securities Ltd. is a brokerage firm founded in 2004. The company provides brokerage services and is based in Mumbai, India.

Part of Centrum Capital Ltd., Centrum Broking Ltd. is an Indian brokerage company. The company is based in Mumbai, India. The company was founded in 1977. Nischal Maheshwari has been the CEO of the company since 2018.

Asian Markets Securities Pvt Ltd. is a financial service firm based in Mumbai, IN. The private company was founded in 1997 by Kailash Biyani, who has been the CEO since then. Asian Markets Securities specializes in equity markets and offers a range of services, including institutional research and broking, portfolio management services, equity and mutual fund advisory services. Asian Markets Securities has over three decades of experience in institutional trading and research, and its team of analysts delivers winning ideas across 12 sectors with a unique combination of differentiated insights and corporate and channel connections. The company's office is located at B-709, Express Zone, Western Express Highway, Opp Adani Electricity, Malad East, Mumbai, MH 400097. The company has transformed from a traditional Indian brokerage arbitrage firm to a full-service financial powerhouse.

MIB Securities India Pvt Ltd. (MIBSI) is the brokerage subsidiary of MIB Securities India Pvt Ltd., an investment bank headquartered in Mumbai, India. The firm is a wholly-owned subsidiary of Maybank IBG Holdings Ltd., which is ultimately owned by Malayan Banking Bhd. (KLSE: MAYBANK; OTCMKTS: MLYBY) in Malaysia. Founded in 2007, MIBSI provides retail and institutional securities broking, equity financing, derivatives and prime brokerage to institutional clients.

Part of S & P Global, Inc., CRISIL Research is an Indian company that provides investment research. The company is based in Mumbai, India and was founded in 2010.

Bonanza Portfolio Ltd. is an Indian financial services company that provides investment advisory and corporate solutions to individuals, companies, and consultants. The company offers expert analysis on equity, mutual fund, commodity, and currency-derivatives in the Indian equity share market. The private company, established in 1994, is a Bonanza Group Company and is one of the best stock brokers in India. Bonanza Portfolio offers top mutual funds in India, including equity funds, mid-cap funds, debt funds, tax-saving funds, and more. The company is based in New Delhi, India. The company provides a wide range of financial services, including fixed income securities, Non-Convertible Debentures (NCDs), debts, bonds, and NRI investment options. The CEO is Kamal Bansal.

The Landmark Group (Family Office) (TLG Family Office) is the family office under The Landmark Group. The firm is headquartered in Dubai and was founded in 1973. TLG Family Office provides investment advisory services to their clients.

Nirmal Bang Equities Pvt Ltd. is the brokerage subsidiary of Nirmal Bang Financial Services in India. Headquartered in Mumbai, the firm was founded in 1986 and offers corporate houses and institutions dealing capabilities on India stock exchanges (NSE and BSE) in the cash and derivatives segments. This unit has devised a process driven approach to address the needs of institutional clients who have unique and specialized investment needs. Their specialized services consist of the most experienced market professionals and Institutional Broking Services are backed by an insightful research team who provide the most in-depth reports on the markets.

Haitong Securities India Pte Ltd provides online share trading services. The company is headquartered in Mumbai, India.

Elara Capital Plc (Investment Management) (Elara Capital-IM) is the asset management division of Elara Capital Plc in Great Britain. Headquartered in London, Elara Capital-IM was founded in 2002 and provides global financial products and services across a broad range of asset classes through its various funds and bespoke investment solutions so as to meet the client’s objectives. This unit serves various institutional investors like pension funds, sovereign funds, hedge funds, fund of funds and private banks. In addition, Elara Capital-IM also focuses on offering wealth management solutions to various family offices and high net-worth individuals.

CGS-CIMB Securities (India) Pvt Ltd. (CGS-CIMB India) is a securities broker headquartered in Jakarta, India. The firm was founded in 2012 and is a subsidiary of CGS-CIMB Securities International Pte. Ltd., ultimately held by government-owned China Investment Corp. CGS-CIMB India provides equities brokerage services to retail, corporate and institutional clients.

Part of YES BANK Ltd., YES Securities (India) Ltd. is a brokerage firm. The company is based in Mumbai, India. The company was founded in 2013. Prasanth Prabhakaran has been the CEO of the Indian company since 2017.

JHP Securities Pvt. Ltd. is an independent brokerage firm headquartered in Mumbai and was founded in 1997. The firm provides broking and equity portfolio management services.

ITOrizon Inc. provides global technical innovation services. It offers digital business, warehouse, transportation, and global trade management services. The company is headquartered in Atlanta, GA.

InCred Research Services Pvt Ltd. (InCred Research) is an investment research firm headquartered in Mumbai, India. The firm was founded by Devesh Kumar and Bhupinder Singh. They are a subsidiary of InCred Financial Services Ltd., which is ultimately owned by KKR & Co., Inc. (NYSE: KKR) in the US. InCred Research provides equities research and trading services in Indian companies to clients across Institutions/Corporates, Ultra-High/High-Net-Worth Individuals and Small and Medium Enterprises.