• Investment World
• eWorld
• Catalyst
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Port Info

• Ships in Ports
  
  

Archives

• Yesterday
• Datewise
• Resources

Group Sites

• The Hindu
• Business Line
• The Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Thiruvananthapuram , March 16

CAPSTOCKS & Securities Ltd (Capstocks), based here, is set to open six more branches in the country as also start overseas operations.

The stock broking company, engaged in a slew of services, is opening new branches in New Delhi and Mumbai. The other branches planned to be opened over the next three months are in Coimbatore, Mangalore, Technopark (Thiruvananthapuram) and Thiruvalla in Kerala, according to Mr V. Rajendran, Managing Director.

He told newspersons here that the company would open a representative office at Sharjah Airport International Free Zone in a month's time. The company was trying to rope in a local partner to start a subsidiary company there at a later stage, he said.

Capstocks already has branches at Thrissur, Kozhikode, Palakkad, Thodupuzha, Irinjalakkuda and Kollam in Kerala and in metros such as Chennai and Bangalore.

It is a member of the National Stock Exchange, depository participant of the Central Depository Services Ltd. (CDSL) and a SEBI-registered portfolio manager. It would soon take membership in Bombay Stock Exchange, Mr Rajendran said.

The company is offering its clients commodity trading facility through its subsidiary company, Capstocks Financial Services Ltd, which is a member of Multi Commodity Exchange of India Ltd (MCX).

The other services provided by the company include online trading, Internet trading, derivatives trading, portfolio management services, research and analysis, technical analysis and NRI services mutual funds.

Mr Rajendran said that the company was offering Internet trading through its site, capstocksindia.com. All dealings such as buying and selling of shares, shares trading, payment and delivery of shares are done through Internet. Clients could trade from the comforts of their office or home anywhere in the world.

Also, using the "easiest" facility provided by CDSL, the clients can transfer the shares sold by them online without delivery instruction slips, he said.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Financial Tech EGM okays preferential allotment to FIIs

Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line