Almondz Global Securities (ALMONDZGL), formerly Allianz Securities, is a merchant banker in India. It was incorporated on June 28, 1994 and got its current name on July 9, 2007. The company operates through its divisions. The corporate finance division is categorized into investment banking which includes initial public offerings (IPOs), follow on public offers (FPOs), rights issues, private placement of equity, substantial acquisitions and takeovers, delisting, employee stock option schemes (ESOPs), debt issuances and debt restructuring; and infrastructure advisory which offers financial advisors to infrastructure projects and ongoing projects in SEZ, road and power sectors. Debt portfolio management covers fixed income portfolios and debt portfolio management services (PMS).
The retail and distribution division offers mutual funds, tax saving instruments, fixed deposits and other fixed income products, equity IPOs, and debt IPOs. The company advises and manages private strategic clients. Recent achievements include an All India Rank in PSU & SLU Bonds Placement of third in 2007 and fifth in Private Placement & Corporate Debt. The company has entered into a memorandum of understanding with the Noble Group, an independent investment bank in the UK, to jointly pursue cross-border business opportunities in the financial services space.
The company`s clientele in corporate finance includes leading public sector undertakings (PSUs), large corporates and small and medium enterprises (SMEs). In the debt markets, the company has relationships with over 3,500 leading provident funds. It has a large base of retail customers with a network of 1,500 associates and sub-brokers across the country with a strong presence across 17 major cities.
The registered office of the company is located at 2nd Floor, 3, Scindia House, Janpath, New Delhi-110001. Financials The company disclosed fall of 37.19% in standalone net profit on y-o-y basis to Rs 25.00 million, while total income increased 32.29% y-o-y basis to Rs 249.50 million for the quarter ended September 2010.
Make use of our Bank Nifty Option tips and you are good to make money everyday with a small capital of Rs 5000-10000 as we are #1 Bank Nifty tips today provider in India.
You
should Trade Less But Trade Accurately & this is Achieved with our Tip.
