Story of karvy

One fateful evening in the summer of 1982, 5 young men who worked for a renowned chartered
accountancy firm decided that it was time they struck out on their own to create an enterprise that
would someday become an iconic name in the financial services space.

They came from ordinary middle class backgrounds. They had two assets; one was their education
and the other an unquenchable desire to succeed. They had a lot stacked against them: the
environment was not conducive to entrepreneurship; technology was not fully supportive, financial
markets were largely unregulated, they were based out of Hyderabad while most key players in the
financial world were in Mumbai or other metros and the wolf was at the door. The odds seemed
insurmountable.
These remarkable young mens Never say die approach held them in good stead over the years.
They stuck to their dreams, burnt the midnight oil, embraced technology and made it work for them
and through sheer dint of determination, eventually overcame all obstacles.
First came the registry business, followed by broking, and the rest became a lesson for every young
individual to emulate.

Promoters

Mr. C. Parthasarathy
Chairman & Managing Director

Mr. C. Parthasarathy is the Chairman and Managing Director of the diversified financial services
Karvy group. C Parthasarathy (CP as he is better known in the Industry), has the uncanny knack of
staying ahead of the curve and the foresight to spot opportunities that seem invisible on the horizon
for the others. Karvys entire history is a case study of turning adversity into opportunity. CP is a
chartered accountant by qualification, whose entrepreneurial energy drove him to co-found Karvy in
1983 with a less-than-modest capital of Rs 150,000.
Over the years CPs vision and leadership skills have helped the group navigate through the
turbulent times with a strong sense of purpose and clarity of thought.

CP is one of the pioneers of financial inclusion. Under his leadership Karvy has won numerous
industry awards and accolades. He also is an independent Director in many listed companies.
Mr. M. Yugandhar
Managing Director

Mr. M Yugandhar, Managing Director is a founder member of the KARVY Group. He is a Fellow
Member of the Institute of Chartered Accountants of India and has varied experience in the field of
financial services spanning over 30 odd years.
Yugandhar has helped position and build a strong brand for the group in the registry and other
financial services businesses. The registry business of Karvy is one of its flagship businesses and
with the collaboration with Computershare has grown to become the largest registrar in India for over
two decades. Yugandhar has played a key role in building strong relationships with public sector
banks and other PSUs which has helped Karvy win some important mandates from some of Indias
renowned companies.

Karvy under his guidance has helped create the equity cult and substantially built retail investor
wealth. He is an Independent Director on the board of several reputed companies.

Mr. M. S. Ramakrishna
Director

Mr. M S Ramakrishna, Director, founder member of KARVY GROUP, he is the orchestrator of

technology initiatives such as the call center in the service of the customer.
Mr. Ramakrishna was a member of the Hyderabad Stock Exchange and has more than 30 years of
experience in the financial services arena. He has helped KARVY diversify into the field of medical
transcription leveraging on the company's core competency of transaction processing.

He is an Independent Director on the board of several reputed companies.

MANAGEMENT TEAM
Mr. V.Mahesh
Managing Director Karvy Data Management

Mr. V Mahesh, is the Managing Director of Karvy Data Management and has work experience
spanning over 2 decades with in depth exposure to operations on most financial services
businesses. Commencing his professional stint with the Registry business where he has to his credit
managing over 300 IPOs and other forms of offerings, he was amongst the first few to work closely
on the Book Building process initiated by SEBI in 1995. After initially working with MCS as an
Assistant Vice President, he moved to Karvy. He was also responsible to initiate the process of
setting up the Depository participant business in Karvy and was responsible for both the operations
and the marketing of the business. He has been nominated by the NSDL to various committees
which addressed key changes to the overall processes and policies for the Demat business.
Nurturing the passion for understanding and interpreting technology and processes, he was
responsible to create and set up the centralized broking platform, centralized back office operations
for all financial products and creating a network of over 500 branches covering over 300 locations for
Karvy. He is also instrumental in creating and launching the Online platform of Karvy Stock Broking
Limited.
He is a Post Graduate in Commerce from University of Madras (M.Com). and also completed Post
Graduate Diploma in Computer Applications.

Mr. V. Ganesh
CEO Karvy Computershare

Mr. V Ganesh is a Chartered and Cost Accountant by profession and has over 2.5 decades of
experience in the financial services space and is part of Karvy Groups leadership team. Before
joining KARVY, he was associated with ITCs risk management and financial audit services
department. Earlier he was associated with Proctor and Gamble and was responsible for product
pricing and financial support functions for P&Gs soaps and health care businesses.
He was instrumental in setting up the Mutual Fund registry business for Karvy. At KARVY, for over 2
decades, Ganesh has been instrumental in building a strong techno-commercial base with emphasis
on establishing a pan India branch network, back office processing, call center, web initiatives,
online trading, B2B interfaces etc., in the transfer agency and BPO businesses.

Mr. Sushil Sinha

Wholetime Director - Karvy Comtrade

Mr. Sushil Sinha, the Country Head of Karvy Comtrade Ltd, has successfully made Karvy Comtrade
a force to reckon with in the marketplace. With over 10 years of expertise in the broking sector, he is
a well-known face today in the electronic and print media. Under his aegis, the company has won
numerous honours and awards nationwide, including the UTV Bloomberg Leadership Award 2011
and Indias Best Market Analyst Awardfor two consecutive yearsby Zee Business.

Having joined Karvy Comtrade in December 2005 as Senior Manager (Business Development), he
has steadily climbed up the organizational ladder to head the business now. Before joining KCTL, he
worked in Geojit Financial Securities for two years. Prior to that, he had worked with the Agriculture
department in the Government of Jharkhand under various capacities for four years.
A science graduate, Mr. Sinha has completed two MBAs, one majoring in Personnel Management &
Industrial Relations from Patna University and the other in Agri Business Management from IIPM,
Bangalore, a Ministry of Commerce, Government of India institution.

Mr. P. B. Ramapriyan
Vice President & Head - Financial Product Distribution

Mr. Ramapriyan is working with Karvy for over 2 decades, He has strength of sorts in the distribution
of Financial products including Equity, Bonds, Fixed Deposits and Auto Finance. He has
successfully marketed several financial products for large number of corporate of various sizes. He
is also responsible for managing the Pan India Network of brokers and sub-brokers. He has been
instrumental in Karvys success in distribution of debt products.

Mr. Rajiv R. Singh

Vice President & Business Head - Karvy Stock Broking Limited

Mr. Rajiv R. Singh is the Vice President & Business Head of the Equity Broking business. He
has been associated with Karvy for more than a decade. He joined Karvy in 2001 and moved up
the corporate ladder with his sheer dedication, commitment and hard work.

Rajiv, with an enormous experience in finance industry leads the responsibility of all aspects of
Karvys equity broking business which includes strategy, revenue generation, business
development and overall customer satisfaction. Rajiv is widely regarded as a results-driven
leader who plays a key role in building the stock broking business of KSBL and make it one of
the largest stock broking houses in the country. Rajiv also plays a key role in identifying skills
and motivating staff in providing outstanding client service.

Rajiv is a Certified Management AccountantCMA.

Mr. J. Ramaswamy
Group Head - Corporate Affairs

Mr. Ramaswamy, the Group Head for Corporate Affairs, is the official spokesperson for the
Karvy Group. Mr. Ramaswamy has more than 25 years of experience in various spheres of the
financial services industry, of which 10 years has been in the Legal and Secretarial division of
Reliance, handling various public issues, mergers, monitoring performance of various
departments, liaising with regulatory bodies and outside agencies (viz., the stock exchange,
SEBI, DCA and others), and coordinating all the board meetings.
The Corporate Affairs Division is involved in integration and strategic planning of all the
business divisions of Karvy. Mr. Ramaswamys job responsibility encompasses monitoring the
performance of all divisions through regular reviews, initiating and implementing new business
initiatives, corporate communication and media relations, acting as official spokesperson for the
entire Group, conceptualizing various policies and procedures to improve the internal work
environment, and working on a parallel platform with the HR department to develop models for
raising productivity and cost-effectiveness. He oversees the international business of Karvy
Global Services.

Mr. Deepak Gupta

Group Head - HR

Mr. Deepak Gupta brings with him over 20 years of experience in HR, spanning financial
services, ITes and manufacturing. Prior to joining Karvy, he was Chief People Officer, Human
Resources, with Bajaj Finance Limited, a Rahul Bajaj Group Company, based at Pune. He has
also had a successful career with a few prominent corporate, including SREI, Enam, CRISIL,
CEAT Financial Services and Reliance Industries.
Deepak holds a Masters degree in Human Resources Development from Jamnalal Bajaj Institute
of Management and a diploma in Business Management and Industrial Relations.

Mr. G. Krishna Hari

Group Head - Finance

Mr. G. Krishna Hari holds a Bachelors degree in Commerce and is associate member of the
Institute of Chartered Accountants of India (ICAI). He has over 27 years of experience in the
areas of finance and accounts functions encompassing fund raising, financial reporting,
management accounting, working capital management, taxation, budgeting and forecasting and
financial due diligence reviews for mergers & acquisitions and investment proposals.
He has been associated with the Karvy Group for the past 15 years and is currently designated as
the Vice President- Finance & Accounts at Karvy Stock Broking Limited. Prior to joining Karvy,
he was the head of finance & accounts division in Asia Pacific Investment Trust Limited,
Hyderabad (Formerly Nagarjuna Investment Trust Limited) an NBFC Company.

WHO WE ARE
The Karvy Group is today a well diversified conglomerate. Its businesses straddle the entire financial
services spectrum as well as data processing and managing segments. Since most of its financial
services were retail focused, the need to build scale and skill in the transaction processing domain
became imperative. Also during stressed environment in the financial services segment, the non
financial businesses bring in a lot of stability to the groups businesses.
Karvys financial services business is ranked among the top-5 in the country across its business
segments. The Group services over 70 million individual investors in various capacities, and
provides investor services to over 600 corporate houses, comprising the best of Corporate India.

The Group offers stock broking, depository participant, distribution of financial products (including
mutual funds, bonds and fixed deposits), commodities broking, personal finance advisory services,
merchant banking & corporate finance, wealth management, NBFC (loans to individuals, micro and
small businesses), Data management, Forex & currencies, Registrar & Transfer agents, Data
Analytics, Market Research among others.

Karvy prides itself on remaining customer centric as all times through a combination of leading edge
technology, Professional management and a wide network of offices across India.
Karvy is committed to its quest as an Equal Opportunity Employer and believes in the rights for
differently-abled persons. We have over 12% employees who are challenged in some form in one of
our prominent businesses.
WHY KARVY

Karvys business entities address a heterogeneous swathe of population from the super rich, to
the nouveau riche, the ubiquitous middle class, the lower classes (the SEC E3 according to the new
Social Economic Classification), urban and the rural folks. All of whom either make a living through
large business (corporate world), SMEs, professional services, traders, farmers, labour, blue and
white collar jobs and the government.
Another key feature of Karvy has been its ability to offer leading edge advice based on incisive ideas
that are strongly rooted in high quality research on every conceivable aspect of investments be it
equities, forex, commodities, bonds, fixed returns, debt instruments or any other investment grade
asset class.

The customer has always been at the centre of every Karvy initiative.

OUR COMPANIES
Karvy Stock Broking LTD

Equity Broking, Depository Participant, Distribution of Financial Products (Mutual Funds, FD and Bonds),
Wealth Management Services, Currency Derivatives, Portfolio Management Services

Karvy Comtrade LTD

Commodities Broking
Karvy Capital LTD ( Formerly Karvy Capital Private LTD)

NBFC & Portfolio Manager

Karvy Investment Advisory Services LTD (Formerly known as Karvy Insurance Broking LTD)

Investment Advisory Services

Karvy Holdings LTD

Core Investment Company

Karvy Middle East LLC

Wealth Management Products for NRI's

Karvy Realty (India) LTD

Realty Services

Karvy Financial Services LTD

Non Banking Financial Services

Karvy Insurance Repository LTD

Insurance Repository services

Karvy Forex & Currencies Private LTD

Currency and forex services

Karvy Consultants LTD

Consultancy and Advisory Services, Publications

Karvy Computershare Private LTD

Registrar and Share Transfer agent

Karvy Computershare W.L.L ( Formerly known as Fakhro Karvy Computershare W.L.L )

Agent for Custody & Registration of Securities, Registered Administrator

Karvy Data Management Services LTD

Data Management Services

Karvy Investor Services LTD

Merchant Banking and Corporate Finance

Karvy Insights LTD

Market Research
Karvy Analytics LTD

Analytics

Karvy Solar Power LTD

Power Generation

Karvy Global Services LTD

Business Process Outsourcing

Karvy Global Services Inc, USA

Business Process Outsourcing

Karvy Inc, USA

Institutional Broking

AWARDS & ACCOLADES

Karvy Comtrade Limited received Market Excellence Award, Commodities - Metal in Zee
Market Excellence Awards 2016 held at the Taj Mahal Palace Hotel, Mumbai on 6th August.
The Honble Union Minister for Power, Renewable Energy and Mining, Mr. Piyush Goyal
handed over the prestigious award to KCTL representative.

Mr. Rajat Parthasarathy, Director, Karvy Group and Mr. Rajiv Ranjan Singh, Vice-President &
Business Head - Stock Broking receiving awards from Indias premier stock exchange BSE - the
SKOCH BSE Order of Merit award and the SKOCH BSE Aspiring Nation award - in
recognition of its efforts to educate, empower and help create an enlightened corps of financial
market investors.

Mr. Sudhendoo Gandhi, GM, KSBL, receiving the "NSDL Star Performer Award 2014 for
Highest Asset Value

Mr. Sushil Sinha, Business Head, KCTL & Mr. Suresh Raval, General Manager, KCTL
receiving the Broker with Best Corporate Desk for Commodity Broking award from
Honble Finance Minister then - Sri Pranab Mukerjee at the Bloomberg UTV Financial
Leadership Awards 2011

Mr. C Parthasarathy, Chairman, Karvy Group, receiving the Largest E-Broking House in
India award at the Dun & Bradstreet BSE Equity Broking Awards 2010
Karvy Stock Broking Limited
2014
Won the prestigious "NSDL Star Performer Award 2014 for Highest Asset Value".
Organized by the National Securities Depository, the NSDL Star Performers Awards recognize
the best performers in the securities and depositories space. The award ceremony was organized
on Saturday, December 20, 2014, at Taj Coromadel, Chennai. Karvy has won this award
consecutively for last two years.

2010
"Largest E-Broking House in India" at BSE Equity Broking Awards 2010 by Dun &
Bradstreet held in ITC Grand Maratha, Mumbai. This award is based on the study carried out by
the worlds leading provider of business information, knowledge and insight, Dun &
Bradstreet in association with the oldest stock exchange in India, the Bombay Stock
Exchange.
The BSE-D&B Equity Broking Awards recognizes the brokerage firms based on the number of
online accounts, volume of online trade, and service delivery of their online trading platform.
Karvy Stock Broking Limited has won this prestigious award for its state of the art, in-house
developed KarvyOnline, a comprehensive online investment platform that enables investors to
invest, anytime from anywhere.

2007
Bagged ace award by receiving the coveted Annual Award for 2006 for "Best CEO, Initiating
HR Practices, by, the Uttar Pradesh Chapter of National Institute of Personnel Management
(NIPM). The Award has been conferred to Mr. C Parthasarathy, CMD, Karvy Group, for his
contribution to HR practices in Lucknow, organized by UP chapter of NIPM.

2007
"Amity Corporate Excellence" award at the 9th International Business Summit and Research
Conference-INBUSH (International Business Horizon) which was held at a glittering function in
Noida. This award was conferred by Amity International Business School, Noida.

2006
ISTD "Vivekananda National Award" for Excellence in HRD & Training

2004
"Best Depository Participant in the country" award

Karvy Comtrade Limited

2014
Won the prestigious ZEE Business Award for the "Best Agri. Analyst" 2014 in the fifth
edition of Indias Best Market Analyst Awards on Saturday, 13th Dec. 2014 at The LaLit in
Mumbai.

2011
Awarded the "Broker with Best Corporate Desk for Commodity Broking" at the
prestigious Bloomberg UTV Financial Leadership Awards 2011 held in Hotel Taj Landsend,
Mumbai. Honble Finance Minister of India then, Shri. Pranab Mukerjee was the Chief Guest.
The awards have been decided by eminent jury consisting of reputed economists, management &
financial consultants.
Bloomberg UTV Financial Leadership Awards have been instituted to acknowledge the
contribution of the countrys financial champions for extraordinary work done in financial
sector. This award is a reflection of Karvy Comtrade - Corporate Desks unparalleled strengths
in providing unique risk management strategies and hedging calculators for Corporates. Karvy
Comtrades ability to handle large volumes of trade. efficiently with prompt, accurate and tailor-
made services by a talented pool of professionals ensures that Karvy remains relevant to client at
all times.

2011
Adjudged as the "Best Analyst in Base Metal Category" at the prestigious "Best Market
Analysts Awards 2011" by Zee Business in association with NCDEX (National Commodity &
Derivatives Exchange Limited). The award ceremony was graced with the presence of eminent
dignitaries.
Zee Business Best Market Analyst Awards have been instituted to honour the contributions of
Indias leading financial experts in empowering the retail investors. The Nominations for the
Awards were invited from Commodities & Stock Broking companies and Fund houses and were
being judged on overall returns achieved for the Stocks, Commodities, Sectors and Companies,
the analysts tracked from April 2010 to December 2010.