Aditya Birla Money Ltd
Aditya Birla Money Ltd, the registered stockbroker involved in the business of securities broking. The company expanded its operations across India. As a part of it, it established more than 41 branches and 755 franchisees offices. It offers equity and derivatives trading, portfolio management services, depository and e-insurance solutions and distribution of other financial products. The company possessed PMS license from SEBI.
History of Aditya Birla Money Ltd
In the year 2008, the company listed on NSE and BSE. It registered as a Depository Participant with National Securities Depository Limited (NSDL) and the Central Depository Services (India) Limited (CDSL). It also bagged the SEBI license as an investment adviser and a research analyst.
Aditya Birla Commodities Broking Limited is the fully owned subsidiary of ABML. It is also a member of Multi Commodity Exchange of India Limited and National Commodity & Derivatives Exchange Limited. Moreover, it provides commodity broking services. In 2018, it merged with ABML. During FY 2018-19, the ABML posted revenue from operations of Rs 1,285 million.
Aditya Birla Capital Ltd (ABCL), engaged in the financial services businesses of Aditya Birla Group. The key solutions offered by the company include Protecting Solutions, Investing Solutions, and Financing Solutions. The above-mentioned solutions would meet the needs of its customers at every phase of their life.
Protecting Solutions include Life Insurance, Multiply Wellness, Travel Insurance, Health Insurance, and Motor Insurance. Investing Solutions include Mutual Funds, Wealth Management, Pension Funds, Stock and Securities, Portfolio Management Services, and Real Estate Investments. While the Financing services include Home Finance, Personal Finance, SME Finance, Loan Against Securities, Mortgage Finance.