About Kotak Securities
The company's offerings include stock broking through the branch and Internet, Investments in IPO, Equity & Derivatives, Mutual funds and Portfolio management service. Kotak Securities Ltd. 100 % subsidiary of Kotak Mahindra Bank is one of the oldest and largest stock broking houses in the Industry. In 1994 the Brokerage and Distribution businesses of Kotak Mahindra Group incorporated into a separate company - Kotak Securities Ltd. It is one of India's leading stock broking houses with a market share of around 10 percent. Kotak Securities has 843 outlets servicing over 8.5 lakhs customer accounts and coverage of 331 cities. Kotaksecurities.com, the online division of Kotak Securities Limited offers Internet Broking services and also online IPO and Mutual Fund Investments. They handle more IPOs than any other brokerage. The company has a full-fledged research division involved in macroeconomic studies, sectoral research and company-specific equity research combined with a strong and well-networked sales force, which helps deliver current market information and news. The company primarily provides secondary market broking services in equity shares and global depository receipts. It also offers portfolio management services to high net-worth individuals and corporate. In addition, the company distributes a range of financial products, including company fixed deposits, mutual funds, initial public offerings, secondary debt, equity, and small savings schemes. Further, it provides Internet broking services and depository services. Kotak Securities Ltd has been the first in providing many products and services which have now become industry standards. Some of them are: Facility of Margin Finance to the customers Investing in IPOs and Mutual Funds on the phone SMS alerts before execution of depository transactions Mobile application to track portfolios AutoInvest — A systematic investing plan in Equities and Mutual funds Provision of margin against securities automatica