Girish Mahajan (Editor)

HDFC securities

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Type
  
Private

Website
  
www.hdfcsec.com

Founded
  
2000

Parent organization
  
HDFC Bank

Area served
  
Worldwide

CEO
  
Dhiraj Relli (May 2015–)

Headquarters
  
Mumbai

HDFC securities httpswwwconsumercomplaintsinthumbphpbname

Industry
  
Financial Services Stock Broker Mutual funds Capital Markets

Key people
  
Bharat Shah, Chairman Dhiraj Relli Managing Director & CEO

HDFC securities Limited is a financial services intermediary and a subsidiary of HDFC Bank, a private sector bank in India . It is one of the leading stock broking companies in India and have completed 15 years in operation. HDFC securities was founded in the year 2000 and is headquartered in Mumbai with branches across major cities and towns in India.

Contents

How to buy and sell shares hdfc securities new generation


History

HDFC securities began operations in April 2000. In the beginning it was a joint venture between HDFC Bank Limited, HDFC Limited and Indocean eSecurities Holdings Limited.

Along with offering stock broking services, HDFC securities is also a distributor of financial products. In 2006, HDFC Bank bought HDFC Ltd's stake and in 2008 acquired another 4% from Indocean eSecurities. Currently HDFC securities is a subsidiary of HDFC Bank.

Management

  • Mr. Bharat Shah - Chairman, HDFC securities Limited
  • Mr. Dhiraj Relli - Managing Director & CEO, HDFC securities Limited
  • Mr. CV Ganesh - Chief Operating Officer & Chief Financial Officer
  • Mr. Jyotheesh Kumar - EVP & Head Marketing, Distribution & Product
  • Business

    HDFC Securities Ltd, is a stock broking and distribution arm of the HDFC Group. One of the oldest broking houses in India, its operations include stock broking and distribution of various financial products. It is a corporate member of both the Bombay Stock Exchange (BSE) and the National Stock exchange (NSE). HDFC securities is well known with professional traders for its comprehensive online trading portal offerings.

    Milestones

    April 2000: Inception of HDFC securities. It was a joint venture among HDFC Bank Limited, HDFC Limited and Indocean eSecurities Holdings Limited. April 2000: Inauguration of the first branch in Mumbai

    May 2000: HDFC securities launched its own website

    June 2000: Launched stock trading on Bombay Stock Exchange

    August 2000: Launched stock trading on National Stock Exchange

    November 2000: Introduction of online trading

    August 2003: Rolled out online trading in Futures & Options

    January 2006: Introduced online IPO/FD system that allowed investors to invest in IPOs and Corporate Fixed Deposits online

    March 2008: Pioneered the concept of SIP in equities by launching Do-It-Yourself (DIYSIP) in equities and ETFs

    December 2009: Launched BLINK: a trading engine that lets traders place stock orders at lightning fast speed,

    November 2010: Launched state of the art website with several advanced features such as unified search option, single sign on, search engine friendly architecture, portfolio tracker and a robust research radar

    February 2011: One of the first brokerage houses to launch mobile trading app for equity trading

    June 2011: Rolled out Futures & Options on mobile trading platform

    December 2011: Launched an exclusive mobile trading app for Android phones and Blackberry

    March 2012: Launched an exclusive mobile trading app for iPhone

    June 2012: Started offering National Pension System

    August 2012: Launched Deep ORS, a sophisticated portfolio tracker that allows investors to trade from their portfolio itself.

    June 2013: Introduced e-filing of Income Tax Return

    June 2013: Introduced online mutual fund service that allows customers to invest in mutual fund units through their trading account

    July 2013: Took DIYSIP online whereby the investors can invest, track and manage their DIYSIP investments online.

    April 2014: Launched an exclusive trading app for iPad

    June 2014: Launched next generation trading app for iPhone which facilitates a holistic investment experience

    September 2014: Launched next generation trading app for Android Phone which facilitates a holistic investment experience

    Awards or Recognitions

    2015: Runner up in the "Best e-brokerage House" category by Outlook Money

    2014: Zee Business – India’s Best Market Analyst Award 2014 under Equity Banking

    2014: “Best Financial Markets Technology Implementation of the Year” award by The Asian Banker

    2013: Runner up in the “Best e-brokerage House” category by Outlook Money

    2012: Runner up in the “Best e-brokerage House” category by Outlook Money

    2011: “Largest e-brokerage house” by BSE-Dun & Bradstreet

    2010: Runner up in the “Best e-brokerage House” category by Outlook Money

    References

    HDFC securities Wikipedia