| Company History & Background |
| Established in the year 1986, Asit C. Mehta Investment Interrmediates Ltd. (ACMIIL) is the most trusted and reputed brokerage house known for providing investment related services in the capital market, money market and depository services in India. The company has been jointly promoted by noted stock market professionals, Mr. Asit C. Mehta and Mrs. Deena A. Mehta and is a part of Mumbai-based Nucleus Group of Companies. The other group companies are engaged in commodity, derivatives, inter-bank forex broking, development of databases, back-office applications for banks, corporate document management solutions and Geographical Information Systems (GIS). |
| Corporate Purpose: |
| Envisioned to be the “Trusted Financial Intermediaryâ€, the group has etched out a very specific corporate purpose – “To reach appropriate financial products, services and solutions to every Indian entity.†|
| Our Beliefs : |
- That every household can, should, and will need to participate in the financial markets directly or indirectly to protect their financial interests.
- That regulatory/legal compliance ensures economic sustainability.
- That transparency and fairness are the cornerstones of all dealings.
- That knowledge rather than capital is the key driver of this business.
- That product, process, and technology led innovations are necessary preconditions for continuously adding value for all our constituents.
- That given the environment every person will realize her/ his potential.
- That people are driven by causes.
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| The FIRSTS to our credit: |
- One of the first limited liability Companies to acquire membership on Bombay Stock Exchange (BSE).
- One of the first multiple seat holders and multiple exchange members.
- One of the first private VSAT network users.
- First to utilize the franchisee business model for Associates.
- First to achieve the ISO quality certification for business processes from SGS. Currently we are "ISO 9001:2008" certified company.
- First to receive a CRISIL grading for quality of operations and services. Currently we are at the highest broker quality grading "BQ1".
- Company Managing Director Mrs. Deena A. Mehta was the first lady to be elected to the governing board of the BSE and first and only lady to be the President of BSE.
- Mrs. Deena A. Mehta is also currently the First lady as the Trading Member in the BSE Governing Board (post corporatization).
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| Address: |
Asit C Mehta Investment Interrmediates Ltd.
Nucleus House, Saki Vihar Road, Andheri (E),
Mumbai 400 072.
India.
Call: 91-22-28583333. Fax: 91-22-28577647.
Email: acmiil@acm.co.in
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| SEBI / Regulatory Registration Nos: |
- BSE:INB/INF 010607233
- NSE:INB/INF/INE 230607239
- PMS: INP000001920
- Merchant Banking: INM000010973
- DP Reg: IN-DP-CDSL-28-99
- DP ID -CDSL 12013200
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| Management: |
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Chief Executive Officer : Mrs. Deena Asit Mehta
Whole-time Director : Mr. Kirit H Vora
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| Membership |
- NSE: Cash, Derivatives, Debt & Currency Derivatives
- BSE: Cash & Derivatives
- FEDAI: Foreign Exchange
- SEBI: PMS & Merchant Banking category 1
- Commodities: NCDEX MCX, DGCX & EAST INDIA COTTON
- CDSL: Depository Participant
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| Principal Banker: State Bank of India |
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| Reach and Access (as on 31st March 2010) |
- Reach and Access (as on 31st March 2010)
- No of Employees 1000
- Branches, Business Associates, Marketing Agents: 725
- Marketing Agents and MF: 1793
- No of Locations 715
- No. of States and U.T. covered: 26
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| Products and Services |
- Equity – Initial Public Offering (IPO)
- Equity – Secondary trading (cash and derivative)
- Equity – PMS
- Equity – Online Trading
- Equity – Depository Services
- Equity – Investment Advisory (fundamental and technical)
- Equity – Mutual Fund
- Equity - Arbitrage
- Commodity - Derivatives
- Debt – Government Securities
- Debt – Primary Placements
- Debt – Advisory
- Debt – Mutual Funds
- Debt – Relief bonds, etc.
- Forex – Interbank broking
- Merchant Banking – Amalgamation & Mergers
- Merchant Banking – Private Equity
- Merchant Banking – Public Offering
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| Our Services |
- Equity and Derivatives Trading:Equity trading is offered to retail clients through different channels in the Bombay Stock Exchange (BSE) & the National Stock Exchange of India (NSE), for cash & derivatives segments.
- Online Trading: Investmentz.com is our trading portal that offers online trading to retail investors in BSE & NSE, cash & derivatives segment. The investors can do their own trading through a browser-based interface as well as a streamer-based solution called Live eXchange. This service is also available through IVR facility for those clients who are unable to access the Internet service at any time. The company has linked up with leading Nationalized, Private and Co-operative Banks to offer share trading service to bank’s customers. A seamless gateway has been established between the banking and depository software of the bank.
- Institutional Desk:Equity trade execution service is provided to institutional investors by our institutional desk. Research and market information is provided to Mutual Funds and banks for aiding them in making investment decisions. These services are through a seamless connectivity to the custodians.
- Portfolio Advisory Service: ACMIIL holds a portfolio management license issued by SEBI. It offers
- Investment Banking: ACMIIL has been granted Category I Merchant Banking license by SEBI. It offers services in mergers, amalgamations, private equity, public offerings and a full gamut of investment banking services.
- Commodity trading service is provided through our associate, Asit C. Mehta Commodity Services Pvt. Ltd. It is member of India’s premier commodity exchanges, namely, the Multi Commodity Exchange of India Ltd. (MCX), the National Commodity & Derivatives Exchange, India (NCDEX) and East India Cotton Exchange Association (EICA). The company has received permission from NCDEX for launching the service through online trading platform. The portal will be available in regional languages, such as Hindi, Marathi and Gujarati. The group has also obtained membership of the Dubai Gold & commodity Exchange.
- Mutual Fund and IPO distribution service is provided to retail investors directly and indirectly through our Branch / Business Associate network. Seminars are conducted regularly to highlight the importance of investment in Mutual Funds, especially through the Systemic Income Plans (SIP). Advisory is provided on Initial Public Offerings and only public issues that have merit are marketed to retail investors.
- Debt Market Desk: We are members of the Wholesale Debt Market (WDM) segment of the National Stock Exchange of India (NSE). The service involves providing quotes and execution of trades in government securities (G-Sec), treasury bills and other state-guaranteed bonds. We are empanelled with most Nationalized, Foreign, Private and major co-operative banks. We are also empanelled with most primary dealers, mutual funds, insurance companies and institutions for trading in debt market instruments.
- Inter-bank Forex Desk:Our associate company, Asit C Mehta Forex Pvt. Ltd., undertakes this activity. Accredited by the Foreign Exchange Dealers’ Association of India (FEDAI), the company is empanelled with about 60 banks and has a reasonable presence in the market.
- Depository services are provided to investors. The company is a depository participant with the Central Depository Service of India Ltd. (CDSL). We are also authorized to provide depository services for commodity trades.
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