Motilal Oswal Securities Ltd. Borivali West Mumbai

The company was formed in 1987 by Motilal Oswal and Raamdeo Agrawal after they acquired membership on The BSE.[1] Motilal Oswal was elected director and joined the Governing Board of the Bombay Stock Exchange in 1998. Motilal Oswal Securities is a Depository Participant of NSDL and a Depository Participant of Central Depository Services Limited (CDSIL)[2] in 2000. The company started offering Derivatives products and advisory services on both BSE as well as NSE in 2001[3] In 2006 the company entered private equity and investment banking.[3] In the same year, Motilal Oswal group acquired South Indian brokerage firm – Peninsular Capital Markets.[4] The company tied up with State Bank of India and Punjab National Bank[5] in 2006 and 2007 to offer online trading to its customers. 2008 saw the company create one of India's largest Equity[6] Dealing & Advisory rooms, spread over 26,000 sq ft (2,400 m2) in Malad, Mumbai. In January 2010, Motilal Oswal Financial Services (through its subsidiary Motilal Oswal Securities Ltd.) received the final certificate of registration approval from Securities and Exchange Board of India (SEBI) to set up a mutual fund business in the country. MOAMC is a 100% subsidiary of Motilal Oswal Securities Limited. It provides Investment Management and Advisory Services to investors based within and outside India and having Portfolio Management Services business, ETFs and Mutual Funds. Motilal Oswal Asset Management Company Ltd., one of the fastest growing Asset Management Companies in India and has recently crossed the $1 billion in equity Assets Under Management (AUM) mark in June 2015.[7] AHFCL is a subsidiary of Motilal Oswal Securities Limited (MOSL) which is a part of Motilal Oswal Financial Services Limited (MOFSL) Aspire Home Finance Corporation Limited (AHFCL) is a professionally managed housing finance company with unique combination of financially sound and technically experienced promoters who are well known in their domain for professional ethics and strong execution capabilities.