The Kotak Mahindra group provides individuals and investors a diverse range of financial services through its various group companies.
Kotak Mahindra Bank Limited
Established in 1985, The Kotak Mahindra group has long been one of India's most reputed financial organizations. In February 2003, Kotak Mahindra Finance Limited, the group's flagship company was given the license to carry on banking business by the Reserve Bank of India (RBI). This approval creates banking history since Kotak Mahindra Finance Limited. is the first company in India to convert to a bank.
Kotak Mahindra Asset Management Company Limited
Kotak Mahindra Asset Management Company Limited (KMAMC), a wholly owned subsidiary of KMBL, is the Asset Manager for Kotak Mahindra Mutual Fund (KMMF). KMAMC started operations in December 1998 and has approximately 7.5 Lac investors in various schemes. KMMF offers schemes catering to investors with varying risk - return profiles and was the first fund house in the country to launch a dedicated gilt scheme investing only in government securities.
Kotak Mahindra Old Mutual Life Insurance Limited
Kotak Mahindra Old Mutual Life Insurance Limited. is a joint venture between Kotak Mahindra Bank Limited. (KMBL), and Old Mutual plc. At Kotak Life Insurance, we aim to help customers take important financial decisions at every stage in life by offering them a wide range of innovative life insurance products, to make them financially independent.
Kotak Mahindra Prime Limited
Kotak Mahindra Prime Limited (KMPL) is a subsidiary of Kotak Mahindra Bank Limited formed to finance all passenger vehicles. KMPL is India's one of the largest nation wide dedicated car finance company. The company is dedicated to financing and supporting automotive manufacturers, dealers and retail customers. The Company offers financing in the form of loans for the entire range of passenger cars, multi utility vehicles and pre-owned cars. The Company also offers Inventory funding and infrastructure funding to car dealers and has strategic arrangement with various car manufacturers in India for being their preferred financier.
Kotak Securities Limited
Kotak Securities Limited. is India's leading stock broking house with a market share of close to 3.7% as on 30th September, 2010. Kotak Securities Limited has been the largest in IPO distribution.
Kotak Securities Limited - Institutional Equities
Kotak Securities Limited, a subsidiary of Kotak Mahindra Bank, is the stock broking and distribution arm of the Kotak Mahindra Group. The company was set up in 1994. Kotak Securities is a corporate member of both The Bombay Stock Exchange and The National Stock Exchange of India Limited. Its operations include stock broking and distribution of various financial products - including private and secondary placement of debt and equity and mutual funds. Currently, Kotak Securities is one of the largest broking houses in India with wide geographical reach.
Kotak Mahindra Capital Company (KMCC)
Kotak Mahindra Capital Company (KMCC) is a full-service premier investment bank in India offering a wide suite of capital market and advisory solutions to clients covering leading domestic and multinational corporations, banks, financial institutions and government companies across major industry sectors. Kotak Investment Banking offers the complete breadth and depth of advisory services – Equity and Debit Capital Markets, M&A Advisory, Structured Finance services, Financial Sponsors and Infrastructure Financing Advisory. KMCC has consistently ranked high on the M&A and Equity league tables. Indata ranked Kotak #1 and Bloomberg placed Kotak #3 in value of announced M&A transactions in India in 2007, while Kotak was ranked the #1 Book Running Lead Manager in Initial Public Offerings in FY08.