Our Company was incorporated on November 21 1995 as a public limited company. Our Company received its certificate for commencement of businesson January 16 1996. The Company commenced investment bankingactivities and registered with SEBI as a Category I Merchant Banker(as defined under the Securities and Exchange Board of India (Merchant Bankers)Rules 1992) and thereafter as a Portfolio Manager (as definedunder the Securities and Exchange Board of India (Portfolio Managers) Rules 1993) and as an underwriterunder the Securities and Exchange Board of India (Underwriting) Regulations 1993. We entered the business of securitiesbroking in the year 2002 by acquisition of Rooshnil Securities Private limitedwhich later changed to Edelweiss Securities Private Limited and is presently known as Edelweiss Securities Limited. The year 2004witnessed the foray of the Company into the businesses of insurance advisory as well as commodities broking and trading. The business of insurance advisory is carried through the subsidiary Edelweiss Insurance BrokersLimited. The subsidiary ECAL Advisors Limited carries on the business of commodities broking and trading.The Company also has its presence in non banking financial activities through its subsidiaries Crossborder InvestmentsPrivate Limited (acquired in the year 2000) and ECL Finance Limited(incorporated in the year 2005) which are NBFC?s. Edelweiss Real EstateAdvisors Private Limited which was previously our subsidiary and our subsidiary Edelweiss Trustee Services Private Limited were incorporated inthe year 2006 for launching the company?s first real estate fund which wasregistered with the SEBI as a Venture Capital Fund(as defined under the SEBI(Venture Capital Funds) Regulations 1996).The Company raised funds through private equity from Connect Capital Holdings in the year 2000. Greater Pacific Capital (GPC) concluded a strategicinvestment in the Company in October 2005. Apart from freshInvestment in the Company GPC also bought out Connect Capital Holdings?stake in the Company thereby taking its equity stake to 20%. The Companyalso attracted capital from Galleon Diversified Fund Heliconia Pte Ltd(which is currently a wholly owned subsidiary of GIC (Ventures) Pte Ltd held through a wholly owned subsidiary Lathe Investment Pte Ltd)BIH SA and Shuaa Capital in 2006. Recently investment in the companywas made by Lehman Brothers Netherlands Horizons BV and Galleon Special Opportunities Master Fund Limited Galleon Crossover Segregated Portfolio.The Company does not have any strategic or financial partners.2000 Acquisition of Crossborder Investments Private Limited2001 F & O license obtained in the year 20012002 NBFC registration of Crossborder Investments Private Limited Acquisition of Rooshnil Securities Private Limited2004 Commencement of Commodity Broking2005 Commencement of Insurance Broking2006 NBFC registration of ECL Finance Limited2006 Managed the first Qualified Institutional Placement under the new regulatory framework in India.2006 Advised the first AIM listing of a listed Indian corporate.2007 Clearing Member License
Name | Position |
---|---|
Mr. Rashesh Shah | Chairman & Managing Director |
Mr. Venkatchalam Ramaswamy | Vice Chairman & Exe.Director |
Ms. Vidya Shah | Non Exe.Non Ind.Director |
Mr. Ashok Kini | Independent Director |
Dr. Ashima Goyal | Independent Director |