Motilal Oswal Financial Services Limited

It is a diversified financial services firm that offers a range of financial products and services like wealth management, retail broking and distribution, institutional broking, asset management etc. They are located in 1579 offices across 552 cities in India. The company entered private equity and investment banking business in 2006. In the same year it acquired Peninsular Capital Markets and tied up with SBI (State Bank of India) and PNB (Punjab National Bank). In 2010 it received the final certificate of registration approval from SEBI.

JM Financial

It is an integrated financial service provider that offers services to its clientele which includes corporations, financial institutions, high net-worth individuals and retail investors. It is interested in investment banking, institutional equity sales, trading, research and broking etc. Each of these businesses is independent and the group’s belief in trust is the most important factor in the organization.