Munoth Financial Services Limited is a public company domiciled in India, incorporated in 1990, and is part of the Munoth Group based in Chennai. The company's business activities are centered on the capital market segment, providing stock broking, depository operations, and merchant banking services. It offers institutional broking business and maintains partnerships with public sector banks and insurance companies to serve these clients. The firm also delivers Portfolio Management Services (PMS) to its clients on both a discretionary and non-discretionary basis. Looking ahead, the company's strategy is to maintain its focus on Investment Banking, Portfolio Advisory services, and Institutional Broking.
YEAR EVENTS1990 - The Company was incorporated on 1st November under the Companies Act
1956 as Private Limited Company and subsequently converted as Public Limited
Company by passing a Special Resolution on 16.08.95 U/s 44 of the Companies
Act and obtained a fresh Certificate of Incorporation on 17th November 1995.
1996 - The company in the month of April, made a maiden public issue of 27,35,700 No. of
Equity shares of Rs.10/- each for cash at par including reservation for NRIs to
part finance its cost of projects.
1997 - The company has become the FIRST DEPOSITORY PARTICIPANT in Chennai, by
entering into an agreement with NSDL to facilitate investors to hold the securities in the
electronic form.
1998 - The Board Directors have appointed Mr. Jaswant Munoth as Managing Director for a
period of five years with effect from 25th July.
2000 - Chennai-based Munoth Financial Services has tied up with US-based global merchant
baker, Interlink for mutually working together in the capital market and helping the Indian
and US companies in raising funds and clinching mergers and acquisitions.
- The Company has entered into a Memorandum of understanding with US-based Interlink
Company, to collaborate in areas of initial public offerings and mergers and acquisitions
of Indian firms by US Companies and vice versa.
- The company proposes to launch Portfolio Management Services to high networth
clients - domestic and overseas.
2008 -Company has created email Id for grievance redressal division / compliance officer mfsl_ig@rediffmail.com
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