B.N.Rathi Securities Ltd operates within the realm of securities broking, engaging in depository operations and institutional equities. As a corporate member of the National Stock Exchange of India Limited (NSE) in various segments such as the capital market, futures and options, and currency derivatives, as well as a member of the Bombay Stock Exchange (BSE) in the Capital Market Segment and Multi Commodity Exchange, the company also serves as a Depository Participant (DP) on CDSL.
Originally incorporated as Lark Leasing Limited in 1985 and subsequently listed on stock exchanges in 1986, the company underwent a name change to B.N.Rathi Securities Ltd in 1995, accompanied by a fresh certificate of incorporation. In 2009, its registered office was relocated to 6-3-652, IV Floor, Kautilya, Amrutha Estates, Somajiguda, Hyderabad- 500082.
Revenue generation exclusively stems from stockbroking activities, offering diverse trading and investment avenues spanning Equity, F&O, IPOs, Currency, and Mutual Funds through nationwide offices. Additionally, the company is registered with Life Insurance Corporation of India Ltd, UTI, Bank of India, and Bank of Maharashtra for secondary market operations such as Demat accounts.
As of March 31, 2023, the company did not possess any subsidiaries.
Key Personnel:
- Shri Laxminiwas Sharma serves as the Chairman and Non-executive Independent Director. With a wealth of experience dating back to 1973, he is a founding partner of LnCo and senior partner at Laxminiwas & Jain, Chartered Accountants. Furthermore, he has held significant roles in professional bodies such as ICAI and presided over organizations like FTAPCCI and AP Tax Bar Association.
- Shri K. Harish Chandra Prasad, a Non-executive Independent Director, joined the company's Board in 1994. Holding an MBA and MS degree, he also serves as the Managing Director of Lakshmi Finance & Industrial Corporation Limited and holds directorial positions in various public companies.
Corporate Actions:
The company has no history of bonus issues, stock splits, or other corporate actions.
Management Outlook:
Looking ahead, the company emphasizes service-oriented activities, leveraging its 33 years of management experience in India's capital markets and corporate landscape. It plans to explore different business avenues through subsidiary investments. Growth prospects are centered around the expanding share of wallets in the financial services industry and utilizing technology to enhance operational efficiency. By crafting tailored responses to business challenges, the company remains optimistic about unlocking future growth opportunities.
Originally incorporated as Lark Leasing Limited in 1985 and subsequently listed on stock exchanges in 1986, the company underwent a name change to B.N.Rathi Securities Ltd in 1995, accompanied by a fresh certificate of incorporation. In 2009, its registered office was relocated to 6-3-652, IV Floor, Kautilya, Amrutha Estates, Somajiguda, Hyderabad- 500082.
Revenue generation exclusively stems from stockbroking activities, offering diverse trading and investment avenues spanning Equity, F&O, IPOs, Currency, and Mutual Funds through nationwide offices. Additionally, the company is registered with Life Insurance Corporation of India Ltd, UTI, Bank of India, and Bank of Maharashtra for secondary market operations such as Demat accounts.
As of March 31, 2023, the company did not possess any subsidiaries.
Key Personnel:
- Shri Laxminiwas Sharma serves as the Chairman and Non-executive Independent Director. With a wealth of experience dating back to 1973, he is a founding partner of LnCo and senior partner at Laxminiwas & Jain, Chartered Accountants. Furthermore, he has held significant roles in professional bodies such as ICAI and presided over organizations like FTAPCCI and AP Tax Bar Association.
- Shri K. Harish Chandra Prasad, a Non-executive Independent Director, joined the company's Board in 1994. Holding an MBA and MS degree, he also serves as the Managing Director of Lakshmi Finance & Industrial Corporation Limited and holds directorial positions in various public companies.
Corporate Actions:
The company has no history of bonus issues, stock splits, or other corporate actions.
Management Outlook:
Looking ahead, the company emphasizes service-oriented activities, leveraging its 33 years of management experience in India's capital markets and corporate landscape. It plans to explore different business avenues through subsidiary investments. Growth prospects are centered around the expanding share of wallets in the financial services industry and utilizing technology to enhance operational efficiency. By crafting tailored responses to business challenges, the company remains optimistic about unlocking future growth opportunities.
