Jaisal Securities Limited was incorporated in March 1994.The company became a listed company when its shares were listed at the Bombay and Madras Stock Exchanges immediately after its intial public offerings during May1995. More than 1000 new shareholdes joined the company duing the above said issue. The shares of the company are eligible to be held in dematerialized form in Central Depository Services (India) Limited and National Securities Depository Limited.
Jaisal Securities Limited was promoted by Mr.Mahesh Chandak, a Chartered Accountant having more than 15 years of experience in practise as Chartered Accountant especially in the field of taxation & corporate consultancy.
Jaisal Securities was incorporated as an investment consultant company having its own portfolio of investments besides advising clientele both corporate & individuals on investments and capital mobilisation matters. Starting as a single activity company, the company has constantly identified potential areas of activities that can be exploited. This has lead to a healthy growth of diversified service portfolios that are complimentary and compact in nature.
Services provided by the company:
Equity Research, Investment and Consultancy: The company does equity research on an on going basis, the company constantly identifies scrips with good growth potential and keeps track of them to make right investment decisions. The equity research is primarily meant for its own portfolio of investments and for recommending to its clientele.The company’s investment strategy is built around the most tested EIC Analysis (Economy –Industry-Company).
Forex Trading: The company has got approval from RBI to act as full fledged money changers in foreign exchange during 1997 and doing the foreign exchange business successfully for 8 years.The free float of the rupee and the liberalization in matters of forward covers, cross currency swaps, remittances of forex etc., have opened the doors of the Indian economy. The company’s contact with corporate and the individuals through its other departments gives it an edge to effective marketing for this division.
The company buys/sells all major international currencies and travelers cheques. It is the stockist of American Express Travelers Cheques, and sells to corporate executives and business people who travel abroad for business purposes. For Individuals who go for tours, also take travelers cheques and currencies from it.