Motilal Oswal Financial Services (MOFSL) is a public limited company and incorporated under the provisions of Companies Act. The company is registered with Securities and Exchange Board of India (SEBI) under the Stock brokers and sub brokers Regulations, 1992 and is a member of Bombay Stock Exchange, National Stock Exchange of India, Multi Commodity Exchange of India and National Commodity and Derivatives Exchange.
The company acts as a stock broker and commodities broker to execute proprietary trades and also trades on behalf of its clients which include retail customers (including high net worth individuals), mutual funds, foreign institutional investors, financial institutions and corporate clients. It is registered with Central Depository Services (India) and National Securities Depository in the capacity of Depository Participant and also registered with SEBI in capacity of Research Analyst and Investment Advisor.
Business area of the company
Motilal Oswal Financial Services is an integrated technology-based Financial Services Sector Organization offering a wide range of services including retail & institutional broking, margin trading funding, research & investment recommendations, depository operations, distribution of financial products and investor education. MOFSL execute transactions in capital markets /equity derivatives /commodity derivatives /currency derivatives segments on behalf of its clients which include retail customers (including high net worth individuals), mutual funds, institutional investors, foreign institutional investors, financial institutions and corporate clients. It also offers a bouquet of financial products and services like insurance, mutual funds, bonds etc. to its client base.
Business Segments:
MOFSL operates in business segments like:
- Wealth Management (Broking, Distribution and Lending for retail clients).
- Assets Management business.
- Private Wealth Management business for HNI / UHNIs clients.
- Capital Markets business includes Institutional Equities and Investment Banking business.
- Affordable Housing Finance.
In each of the businesses, MOFSL offers a unique value proposition to its customers, creates its niche in each of the business segments and commands a premium position over peers. MOFSL carries its lending business by running a loan-against-shares book under ‘Motilal Oswal Finvest’ and retail mortgage-backed lending in the affordable housing segment under ‘Motilal Oswal Home Finance’.
Awards
- 2007: Motilal Oswal is rated ‘Best Overall Country Research’ for a Local Brokerage in the 2007 AsiaMoney Brokers poll.
- 2007: It was rated India’s top broking house in terms of total number of trading terminals by the Dun & Bradstreet survey.
- 2007: The company was ranked second best for Customer Responsiveness in the Financial Sector at the Avaya Global Connect Customer Responsiveness awards.
- 2008: Awarded 'Best Franchisor in Financial Services' by Franchising World Magazine for the second consecutive time.
- 2008: Awarded the 'Excellent Business Achiever in Financial Services' award by the Institute of Chartered Accountants of India.
- 2011: Motilal Oswal Financial Services Ltd. was honoured with Best Capital Markets & Related NBFC Award for FY11 at the CNBC TV18 India Best Banks and Financial Institutions Awards, 2011 held in Mumbai.
- 2012: Motilal Oswal Financial Services won the RETAILER OF THE YEAR (Banking & Financial Services) award at the Awards for Retail Excellence 2012 organised by Asia Retail Congress on Feb 14, 2012.
- 2012: Motilal Oswal Financial Services was honoured with ‘Best Employer Brand’ Award at the IPE Banking, Financial Services & Insurance Awards 2012 held in Mumbai on 30th June 2012.
- 2012: Motilal Oswal Financial Services was awarded the Best Use of Public Relations in the Financial Services Sector Award at the India PR & Corporate Communication Awards 2012 held in New Delhi on March 22, 2012. Organized by Exchange4media, these are the biggest awards of its kind in India.
- 2013: Motilal Oswal Group has exposure on National Spot Exchange Ltd (NSEL) of Rs 253.92 crore.
- 2013: Company's Subsidiary, Motilal Oswal Securities bagged the Best Performing Equity Broker (National) Award at CNBC TV18 Financial Advisor Awards 2013 held in Mumbai.
- 2014: Company's Subsidiary, Motilal Oswal Securities has been awarded the ‘Best Performing National Financial Advisor
- 2014: Equity Broker’ at the UTI-CNBC TV18 Financial Advisor Awards for the fourth year in a row
- 2014: The Subsidiary of the Company, Motilal Oswal Securities wins the 'Best Research as Research Showcase Partner' at RESEARCHBYTES IC AWARDS 2014.
- 2014: The Subsidiary of the Company, Motilal Oswal Securities Ltd wins 'Best Local Brokerage for Trading and Execution' at Trade Asia Magazine Awards held on 13th November 2014 at Hongkong
- 2015: The website of Motilal Oswal Financial Services Ltd (MOFSL) has changed from motilaloswal.com to motilaloswalgroup.com.
- 2016: Motilal Oswal Financial Services Limited was certified as a Great Place to Work by GPTW - India. Fortune India honoured Motilal Oswal Financial Services Private Limited as ‘One of The Giants of Tomorrow’ at Fortune India the Next 500, 2016.
- 2017: Consistently won high ranks in prestigious award forums like Asiamoney
- 2018: No.1 ranking in events, conference and roadshows in Asia Money 2018 ranking
- 2018: No. 3 in three research categories, sales trading and overall sales in Asia Money 2018 ranking
- 2019: MOFSL gets inducted in the HALL OF FAME at the 10 Financial Advisor Awards
- 2019: Ranked No. 1 in Overall Sales, Sales Trading & Corporate Access and No. 2 in Best Local Brokerage awards category at Asia Money Brokers Poll 2019
- 2019: Motilal Oswal Group won the ‘Best Data Analytics of the Year” award at the India NBFC Excellence Awards 2019.
- 2019: Motilal Oswal Financial Services Limited was honoured with the Best Use of ’CRM in Financial Services’ award at the CRM World Summit and Awards 2019.
- 2020: Motilal Oswal Wealth Management won Best Boutique Wealth Manager - India by Asset Triple A for three consecutive years.
- 2021: Motilal Oswal Real Estate was honoured as ‘Fund Raiser of the Year — PE’ at the VC Circle Awards for the India Realty Excellence Fund IV.
- 2022: Motilal Oswal Private Wealth Management received prestigious ‘Best Digital Private Bank’ in India at the Asiamoney Private Banking Awards.
- 2022: The Company's Private Wealth business was recognised as ‘Outstanding Private Bank for Growth Strategy – Highly Commended’ at the Private Banker International Global Wealth Awards.
- 2024: Founders Motilal Oswal and Raamdeo Agarawal were honoured as the ‘Most Respected Financial Services Entrepreneurs’ of the Year 2023 by Hurun India.
Milestones
- 1987: Commenced business as a sub-broking outfit by the name of Prudential Portfolio Services.
- 1990-95: Commenced the business of Retail & Institutional Equities addressing the needs of larger clients.
- 1996: Initiated a wealth creation study aimed at identifying companies with the highest, quickest, and most consistent wealth creation track record.
- 2000: Demerged Motilal Oswal Securities Limited and Passionate Investment Management Limited.
- 2006: Mobilised capital through Private Equity.
- 2006: Entered the businesses of Investment Banking, Private Equity, and Wealth Management.
- 2007: Floated an IPO of Rs 333 crore that was oversubscribed 26.4 times.
- 2008: MOFSL's Depository Participant (DP) assets crossed Rs 5,000 crore.
- 2008: The Group's profits crossed Rs 100 crore; revenues exceeded Rs 500 crore.
- 2009: Reach widened to over 1,000 locations; customer base surpassed 5,00,000.
- 2009: The Company entered the Limca Book of Records for creating India's largest dealing room.
- 2010: MOAMC launched its maiden Mutual Fund offering.
- 2011: MOAMC became India's first asset management company to ring the NASDAQ stock market opening bell.
- 2014: Entered the Affordable Housing Finance business and started building treasury investments.
- 2015: Motilal Oswal Capital Markets Private Limited launched School for Trading & Investment Research to educate aspiring investors and traders on investing, trading, and research principles.
- 2016: Motilal Oswal introduced India’s first and fastest 100% paperless trading and demat account, promising completion process in just 15 minutes.
- 2018: Motilal Oswal Financial Services Limited was listed in Fortune 500 India's Largest Corporations.
- 2019: Motilal Oswal introduced unique funds - Nifty 500, Nifty Bank Index, Nifty Midcap 150, and Nifty Smallcap 250.
- 2020: Institutional Equities hosted 16th Global Investor Conference with 150+ corporates and 80% CXO participation.
- 2020: MOAMC held the inaugural Digital Global Partner Summit with 10+ tracks and 12,000+ attendees.
- 2020: MOAMC pioneered India's first Digital First NFO for S&P 500 Index Fund during the pandemic.
- 2021: Motilal Oswal's Private Wealth Management launched the 100th edition of the Alpha Strategist Report.
- 2024: Recorded the highest revenue of Rs 7,178 crore and Profit After Tax (including OCI) of Rs 2,626 Crore in FY 2023-24.
- 2024: Assets under advice crossed Rs 4 trillion.
- 2025: Recorded the highest ever Operating PAT of Rs 2,016 crore.
- 2025: Total client base crossed 12 million.
- 2025: AUA crossed Rs 5 trillion mark.
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