Indo Thai Securities Ltd
Indo Thai Securities Ltd (INDOTHAI)

Indo Thai Securities Ltd (INDOTHAI)

₹186.354.98%

Key Stats

₹186.35
Day's Price Range
₹186.35
₹51.1
52-Week Price Range
₹496.2
1 Month Return-39.5 %
3 Month Return-52.32 %
1 Year Return236.49 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 128
18.35
EPS
Rank 86
₹9.67
BVPS
Rank 129
₹55.33
Dividend Yield
Rank 33
1.82%
ROE
Rank 45
17.3%
Price To Book Ratio
Rank 168
3.2
Debt To Asset
Rank 137
0.29

Company Information

Indo Thai Securities Limited carries on the business as stock and share brokers on the National Stock Exchange of India Limited NSE and the BSE Limited BSE depository participants Realties and other related ancillary services. The company has been offering services to corporate clients high net worth individuals and retail investors since 1995. The company is rendering broking and clearing services in the Capital Derivatives Segments being a Member of National Stock Exchange of India Limited NSE BSE Limited BSE and Metropolitan Stock Exchange of India Limited MSEI and Depository Participant of Central Depository Services India Limited CDSL. Indo Thai Securities Limited is the flagship company of Indo Thai group which has its Registered Office at Indore.The companys retail equity business primarily covers secondary market equity derivative currency and debt broking and mainly targets retail investors. The company is also into mutual fund distribution business. As a Depository Participant with Central Depository Services India Limited the company provides dematerialization rematerialisation and settlement of trades through market transfers and off market transfers.The company is head quartered at Indore and they operate through 14 branches located in the state of Madhya Pradesh and Maharashtra. The company has membership in the cash and future and options segments of both BSE and NSE and Currency Derivative segment of NSE and MCXSX. They are registered as a DP with CDSL. They have also started Mutual Fund Service System MFSS Interest Rate Futures from the National Stock Exchange of India Ltd to provide full options of trading under single roof.The company is serving the corporate clients high net worth individuals and retail investors. They provide personalized services to clients looking to their investment objective and risk appetite. Their clients includes Corporate high net worth and retail around 7200 investors mainly in Madhya Pradesh Rajasthan Chhattisgarh and Maharashtra.Indo Thai Securities Ltd was incorporated on January 19 1995. In September 1995 the company commenced business by obtaining corporate membership of National Stock Exchange of India Ltd. Also they received SEBI registration as a Trading Member in the Cash Market Segment of NSE India. In June 2000 the company received SEBI registration as Trading Member in the Derivative Segment. In February 2006 the company was registered as a Mutual Fund Advisor with AMFI. In July 2007 the company received SEBI registration as a Depository Participant CDSL. In April 2008 the company received SEBI registration as a Multiple Member of Bombay Stock Exchange Ltd. In August 2008 they received SEBI registration as a Trading Member in the Currency Derivative Segment CDS of NSE India. In September 2008 they received SEBI registration as a Trading Member in the Currency Derivative Segment CDS of MCX Stock Exchange Ltd.In September 2010 they received SEBI registration as a Trading Member in the Derivative Segment of Bombay Stock Exchange Ltd. Also the company received SEBI registration as a Trading Member of United Stock Exchange of India Ltd.The company completed an Initial Public Offer IPO during the period from 30 September to 5 October 2011. The Public Issue was oversubscribed to 115 and total Rs. 296000000/ raised through IPO by offering 4000000 Equity Shares of face value Rs. 10/ at the price of Rs. 74/ including Rs. 64/ as premium per share. The Securities of company got listed on 2nd November 2011 with BSE Limited and National Stock Exchange of India Limited.On March 2013 Indo Thai Realties Limited was incorporated as a Wholly Owned Subsidiary and Indo Thai Securities Limited to act as an agent under the Real Estate Regulation and Development Act 2016 to augment turnover in real estate business. The TDS circle of Income Tax Department conducted a survey proceeding U/s 133A of the IT Act 1961 at c Indo Thai Securities Registered Office and its two branches on 3 October 2013 and company has submitted all documents demanded by the TDS Department.Due to transfer of 100 shareholding held by Indo Thai Securities Limited in M/s Indo Thai Fincap Limited the Wholly Owned Subsidiary of Indo Thai Securities Limited Indo Thai Fincap Limited ITFL ceased to exist as subsidiary of Indo Thai Securities Limited w.e.f. 27th December 2014. The companys branch located at 1st 2nd Floor Plot No. 248 Manji Ka Hatha Paota Jodhpur Rajasthan was closed and stopped its operations from 4 March 2015.The company applied for surrender of membership of United Stock Exchange of India Limited USE which was approved by SEBI vide its letter dated on 7th April 2015. One of the companys branch located at Vijay Nagar Indore was merged with Navneet Darshan Palasia Indore with effect from 6 February 2016.During the financial year ended 31 March 2017 the companys Wealth Management services business made considerable progress. The Asset under Mutual Fund Distribution Business of the company has increased by 27.78 crore during the FY 201617.During the year under review the company closed 2 branches located at 319 Panch Ratna Building Opera House Mumbai and TF3 White House Complex Near Panchvaty Panch Rasta Anbawadi Allis Bridge Ahmedabad. During the year under review the company sold its property located at Plot No. 29A Scheme No. 71 SectorC Indore.On 20 February 2017 the company incorporated an IFSC Company which is wholly owned Subsidiary company of Indo Thai Securities Limited named Indo Thai Globe Fin IFSC Limited set up in GIFT CITY SEZ. Stock exchanges operating in the GIFT IFSC will be permitted to offer trading in securities in foreign currency and also longer trading days than what stock exchanges are currently permitted to do in India. Thus the wholly owned subsidiary acting as financial intermediary in International Financial Market is expected to increase group turnover and profits by tapping growth potential in the marketDuring the year ended 31 March 2018 the companys wealth management services made considerable progress. In Futures and Options Segment FO segment of National Stock Exchange India Limited the companys clearing member was changed to Edelweiss Custodial Services Limited during the financial year ended 31 March 2018.
OrganisationIndo Thai Securities Ltd
HeadquartersIndore
IndustryFinance