Kotak Securities Limited made the strategic alliance today with Exclusive Securities, a leading Madhya Pradesh-based brokerage firm with clients in Madhya Pradesh, Maharashtra, Chhattisgarh, Rajasthan, Tamil Nadu, and Karnataka. Exclusive Securities is based in Indore. Over 30,000 Exclusive Securities investors and customers will be served by Kotak Securities as a result of this partnership.
Kotak Securities and Exclusive Securities will be able to offer technology-driven investment products and services to their national clientele thanks to this partnership.
“We are truly excited to partner and service approximately 30,000 investors through this tie-up with Exclusive Securities,” stated Jaideep Hansraj, MD & CEO of Kotak Securities Limited. In the coming months, we will make certain that the integration goes smoothly and that the new clients get the best service possible. Our trading app, which is packed with a plethora of features designed to speed up transactions, and our research insights will further enhance the investor’s experience in the stock market as a result of this partnership.
Exclusive Securities Limited Chairman BD Bhatter commented, “We are delighted to have this strategic tie-up with Kotak Securities.” In the BFSI sector, Kotak is one of the most dependable brands. The combination of the two businesses, which have been in operation for some time, will provide clients with over 50 years of experience.
“This alliance with Kotak Securities will create more opportunities for customers to invest in a wide range of products along with robust technology,” added Sanjay Samaiya, Director of Exclusive Securities Limited. It will enable the Exclusive group to provide clients with industry-leading wealth creation strategies, resulting in a win-win situation for all parties involved.
Kotak Securities Limited:
One of India’s largest full-service stock brokerage firms, Kotak Securities Limited (KSL), is a Kotak Mahindra Bank subsidiary that serves retail and institutional investors in all capital market segments. The company also provides direct access to the US markets through a partnership with partner brokers. KSL processes lakhs of secondary market trades every day, supported by a strong research team, robust digital trading platform, extensive branch network, franchisee base, and referral coordinators distributed throughout Kona of India.
KSL will have 182 branches, 1,265 franchisees, and satellite offices serving 36.6 lakh active customers across 378 cities in India as of December 31, 2022. Depository services and third-party products like insurance and mutual funds are also offered by KSL, as are a wide range of investment options in equities and derivatives (equities, commodities, currency).
Exclusive Securities:
Since its founding in 1995, Exclusive Securities has relied on a team of Chartered Accountants, Stock Brokers, Engineers, Financial Consultants, and others to lead the company. The Exclusive Securities network is located in Madhya Pradesh and Maharashtra. It also has footprints in 15 states and union territories, as well as a strong presence in over 50 locations across India.
The company has more than 30,000 satisfied customers and operates under the adage “client first, client always.” Depository Services, Mutual Funds, Research, IPO, Exchange Traded Funds (ETF), Systematic Investment Plans (SIP), insurance broking for its clientele, and related financial services like Charted Accountants are just some of the services that Exclusive Securities Limited currently offers.
The Exclusive Group has emerged as a diversified financial services company that provides a wide range of services. Members of all trading markets, including the NSE, BSE, NCDEX, and MCX. Additionally, the business is a CDSL Depository Participant.