INTRODUCTION

Industry profile :
The Definition of a Stock :

Plain and simple, stock is a share in the ownership of a company. Stock represents a claim on the company's assets and earnings. As you acquire more stock, your ownership stake in the company becomes greater. Whether you say shares, equity, or stock, it all means the same thing. The benefit of owning stock in a corporation is that whenever the corporation profits, you profit as well. For example, if you buy stock in Coca Cola, and they come out with a new drink that everyone buys in massive quantities, then the company will profit tremendously, and so will you. A stock also gives you the right to make decisions that may influence the company. Each stock you own has a little bit of voting power, so the more stocks you own, the more decision making power you have. In order to vote, you must either attend a corporate meeting, or you fill out a proxy ballot. A proxy ballot is a "subsitute" for your absence at the corporate meeting. A ballot is a series of proposals that you may either vote for or against. Common questions are who should be on the board of directors, and whether or not to issue additional stock. You can profit more by making smart decisions, such as voting for a smarter board of directors. Also, if you think that issuing additional stock may increase the value of the stock, then you would vote for issuing additional stock. There are four levels of stock you can purchase. The lowest level of stock are the penny stocks. Penny stocks are small companies that have almost no chance of making it big, and they are usually of no value. These stocks could be a local chain of stores, or a company that does not provide anything desirable.

Moving up one level, there are the growth stocks. Growth stocks are new companies that have a lot of potential for success, but they are not stable, and do not always become successful. These growth stocks are not always a safe investment, since they are not well- established. Secondary issues are wellestablished businesses that are almost totally insured to continue growing in strength. They are a good investment, since the profit can increase a lot, but finding the companies can be hard. The highest level of stocks you can buy are blue chip stocks. The older companies usually are blue chip, such as International Business Machines (IBM) and AT&T, and Coca Cola. These blue chip stocks are the safest investment you can make, but they also take a lot more time to profit with.
WHAT IS SHARE

Shares are the best investment available over a long period of time. The growth of share prices comfortably out-paces inflation most years because the best share prices represent the growth in earnings of the best companies. Although the stock market is seen as "high risk" this depends very much on timing and the sort of shares you invest in. It is possible to invest in shares with very little risk if you are willing to put in a great deal of effort in learning the art of investment and doing ample research. Shares have acquired a high-risk reputation because the majority of people only participate in the stock market during bull markets, buying at or near historic high prices in the belief that past returns may by a good indicator of future results. Those that buy just before a crash do not appreciate share valuations and upside potential vs downside risk. In fact such considerations actually bore them and many newcomers choose to trade shares in a highly speculative fashion, making the stock market into little more than a casino. The rewards are great, but the penalty for laziness is also great. Those that buy on "hot tips" and rely on the opinions of others, without any knowledge of what they are doing are often those who suffer the greatest loss. A "share" is nothing more, and nothing less than a partial ownership of a business. If you look at shares investment as the partial purchase of businesses, you are already half way to becoming a successful investor (the other half is to get some idea of what a business is worth, economically, and hence to be able to value a share). If you think of shares as part ownership of businesses you have a substantial advantage over those who think of them only as abstract pieces of paper with a randomly fluctuating price tag.

WHAT IS STOCK EXCHANGE

The Indian Securities Contracts (Regulation) Act of 1956, defines Stock Exchange as, "An association, organization or body of individuals, whether incorporated or not, established for the purpose of assisting, regulating and controlling business in buying, selling and dealing in securities." Stock Exchange (also called Stock Market or Share Market) is one important constituent of capital market. Stock Exchange is an organized market for the purchase and sale of industrial and financial security. It is convenient place where trading in securities is conducted in systematic manner i.e. as per certain rules and regulations. It performs various functions and offers useful services to investors and borrowing companies. It is an investment intermediary and facilitates economic and industrial development of a country. Stock exchange is an organized market for buying and selling corporate and other securities. Here, securities are purchased and sold out as per certain well-defined rules and regulations. It provides a convenient and secured mechanism or platform for transactions in different securities. Such securities include shares and debentures issued by public companies which are duly listed at the stock exchange, and bonds and debentures issued by government, public corporations and municipal and port trust bodies. Stock exchanges are indispensable for the smooth and orderly functioning of corporate sector in a free market economy. A stock exchange need not be treated as a place for speculation or a gambling den. It should act as a place for safe and profitable investment, for this, effective control on the working of stock exchange is necessary. This will avoid misuse of this platform for excessive speculation, scams and other undesirable and antisocial activities. London stock exchange (LSE) is the oldest stock exchange in the world. While Bombay stock exchange (BSE) is the oldest in India. Similar Stock exchanges exist and operate in large majority of countries of the world.

SECURITIES AND EXCHANGE BOARD OF INDIA

It was formed officially by the Government of India in 1992 with SEBI Act 1992 being passed by the Indian Parliament. SEBI is headquartered in the business district of Bandra Kurla Complex complex in Mumbai, and has Northern, Eastern, Southern and Western regional offices in New Delhi, Kolkata, Chennai and Ahmedabad. Controller of Capital Issues was the regulatory authority before SEBI came into existence; it derived authority from the Capital Issues (Control) Act, 1947. Initially SEBI was a non statutory body without any statutory power. However in 1995, the SEBI was given additional statutory power by the Government of India through an amendment to the Securities and Exchange Board of India Act 1992. In April, 1998 the SEBI was constituted as the regulator of capital markets in India under a resolution of the Government of India. The SEBI is managed by six members, i.e. by the chairman who is nominated by central government & two members, i.e. officers of central ministry, one member from the RBI & the remaining two are nominated by the central government. The office of SEBI is situated at Mumbai with its regional offices at Kolkata, Delhi & Chennai. In 1988 the Securities and Exchange Board of India (SEBI) was established by the Government of India through an executive resolution, and was subsequently upgraded as a fully autonomous body (a statutory Board) in the year 1992 with the passing of the Securities and Exchange Board of India Act (SEBI Act) on 30th January 1992. In place of Government Control, a statutory and autonomous regulatory board with defined responsibilities, to cover both development & regulation of the market, and independent powers have been set up. Paradoxically this is a positive outcome of the Securities Scam of 1990-91.

The basic objectives of the Board were identified as:

to protect the interests of investors in securities; to promote the development of Securities Market; to regulate the securities market and for matters connected therewith or incidental thereto.

Since its inception SEBI has been working targetting the securities and is attending to the fulfillment of its objectives with commendable zeal and dexterity. The improvements in the securities markets like capitalization requirements, margining, establishment of clearing corporations etc. reduced the risk of credit and also reduced the market. SEBI has introduced the comprehensive regulatory measures, prescribed registration norms, the eligibility criteria, the code of obligations and the code of conduct for different intermediaries like, bankers to issue, merchant bankers, brokers and sub-brokers, registrars, portfolio managers, credit rating agencies, underwriters and others. It has framed bye-laws, risk identification and risk management systems for Clearing houses of stock exchanges, surveillance system etc. which has made dealing in securities both safe and transparent to the end investor. Another significant event is the approval of trading in stock indices (like S&P CNX Nifty & Sensex) in 2000. A market Index is a convenient and effective product because of the following reasons:

It acts as a barometer for market behavior; It is used to benchmark portfolio performance; It is used in derivative instruments like index futures and index options; It can be used for passive fund management as in case of Index Funds.

Two broad approaches of SEBI is to integrate the securities market at the national level, and also to diversify the trading products, so that there is an increase in number of traders including banks, financial institutions, insurance companies, mutual funds, primary dealers etc. to transact through the Exchanges. In this context the introduction of derivatives trading through Indian Stock Exchanges permitted by SEBI in 2000 AD is a real landmark.

THERE ARE MAINLY TWO TYPES OF EXCHANGE (1) BSE (2) NSE

(1) BOMBAY STOCK EXCHANGE

Established in 1875, BSE Ltd. (formerly known as Bombay Stock Exchange Ltd.), is Asias first Stock Exchange and one of Indias leading exchange groups. Over the past 137 years, BSE has facilitated the growth of the Indian corporate sector by providing it an efficient capital-raising platform. Popularly known as BSE, the bourse was established as "The Native Share & Stock Brokers' Association" in 1875. BSE is a corporatized and demutualised entity, with a broad shareholder-base which includes two leading global exchanges, Deutsche Bourse and Singapore Exchange as strategic partners. BSE provides an efficient and transparent market for trading in equity, debt instruments, derivatives, mutual funds. It also has a platform for trading in equities of small-and-medium enterprises (SME). Around 5000 companies are listed on BSE making it world's No. 1 exchange in terms of listed members. The companies listed on BSE Ltd command a total market capitalization of USD Trillion 1.06 as of May 15, 2012. BSE Ltd is world's fifth most active exchange in terms of number of transactions handled through its electronic trading system. It is also one of the worlds leading exchanges (5th largest in May 2012) for Index options trading (Source: World Federation of Exchanges). BSE also provides a host of other services to capital market participants including risk management, clearing, settlement, market data services and education. It has a global reach with customers around the world and a nation-wide presence. BSE systems and processes are designed to safeguard market integrity, drive the growth of the Indian capital market and stimulate innovation and competition across all market segments. BSE is the first exchange in India and second in the world to obtain an ISO 9001:2000 certification. It is also the first Exchange in the country and second in the world to receive Information Security Management System Standard BS 7799-2-2002 certification for its On-Line trading System (BOLT). It operates one of the most respected capital market educational institutes in the country (the BSE Institute Ltd.). BSE also provides depository services through its Central Depository Services Ltd. (CDSL) arm.

BSEs popular equity index - the SENSEX - is India's most widely tracked stock market benchmark index. It is traded internationally on the EUREX as well as leading exchanges of the BRCS nations (Brazil, Russia, China and South Africa).

Listing Rules for New Companies on BSE /IPO Rules

The following eligibility criteria have been prescribed for the companies seeking permission to get listed on the stock exchange, effective August 1st 2006. The companies are classified into two categories: Large Cap and Small Cap. A company is treated as a large cap company if the issue size is greater than or equal to Rs 10 crore and Market capitalization of not less than Rs 25 crore. a) In case of Large Cap Companies

The minimum post-issue paid-up capital of the applicant company shall be Rs. 3 crore. The minimum issue size shall be Rs. 10 crore; and The minimum market capitalization of the Company shall be Rs. 25 crore (market capitalization shall be calculated by multiplying the post-issue paid-up number of equity shares with the issue price).

Authorized capital is the amount for which a company has got the authorization from the regulatory body to raise through the issue. A company may or may not want to raise the full amount of authorized capital. Issue size is the amount that a company wants to raise funds through the issue. Its always less than or equal to authorized capital. Part payment facility may be available for the investors who want to subscribe to an issue. Post-issue paid-up capital is the value of subscriptions (including promoters holding) paid at the end of issue date. This will be less than issue size if the total subscriptions are less than the offered shares or when there is part payment facility available for the issue. Market capitalization is the product of number of shares outstanding (including promoters holding) and the market price. In an IPO before the first day of listing the market price is the issue price. b) In respect of Small Cap Companies

The minimum post-issue paid-up capital of the Company shall be Rs. 3 crore The minimum issue size shall be Rs. 3 crore

The minimum market capitalization of the Company shall be Rs. 5 crore (market capitalization shall be calculated by multiplying the post-issue paid-up number of equity shares with the issue price) The minimum income/turnover of the Company shall be Rs. 3 crore in each of the preceding three 12-months period The minimum number of public shareholders after the issue shall be 1000. A due diligence study may be conducted by an independent team of Chartered Accountants or Merchant Bankers (Investment Bankers) appointed by BSE, the cost of which will be borne by the company. The requirement of a due diligence study may be waived if a financial institution or a scheduled commercial bank has appraised the project in the preceding 12 months.

In addition to this, the issuer company should have a post issue net worth (equity capital + free reserves excluding revaluation reserve) of Rs 20 crore. c) For all companies

In respect of the requirement of paid-up capital and market capitalization, the issuers shall be required to include in the disclaimer clause forming a part of the offer document that in the event of the market capitalization (product of issue price and the post issue number of shares) requirement of BSE not being met, the securities of the issuer would not be listed on BSE. The applicant, promoters and/or group companies, shall not be in default in compliance of the listing agreement. The above eligibility criteria would be in addition to the conditions prescribed under SEBI (Disclosure and Investor Protection) Guidelines, 2000.

(2) NATIONAL STOCK EXCHANGE

The National Stock Exchange (NSE), located in Bombay, is India's first debt market. It was set up in 1993 to encouragestock exchange reform through system modernization and competition. It opened for trading in mid-1994. It was recently accorded recognition as a stock exchange by the Department of Company Affairs. The instruments traded are, treasury bills, government security and bonds issued by public sector companies. The number of members trading on the exchange has been on a steady increase, helping integrate the national market and providing a modern system with a complete audit trail of all transactions. Membership

1026 trading members on the Capital Market segment, of which around 86% account for corporates and the remaining individuals and firms. 113 trading members on the Wholesale Debt Market segment, all of which account for corporates. (Out of these 113 trading members, 106 are members of the Capital Market segment also and are included in the 1026 members indicated above).

Geographic Distribution

Over 2600 trading terminals Over 1500 VSATs across the country with a 24 hour Network monitoring system in over 160 cities as of December 31st, 1997.

Number of Companies

On the Capital Market segment, 600 securities are listed and 762 securities are permitted to trade as of December 31st, 1997. On the Wholesale Debt Market segment, 470 securities are listed and 369 securities are permitted to trade as of December 31st, 1997. Of the 470 securities listed, 267 are Government Securities, T-Bills and the balance account for other securities.

Capital Market Operations

NSE is working to increase the capacity of the trading system from the present 4,00,000 trades per day to more than 10,00,000 trades per day. The average daily numbers of trades have gone up from over 893 trades in November-94 to over 1,48,783 trades in November 97. On August 7, 97 the number of trades reached a record high of 2,36,411 which makes NSE one of the largest stock exchanges in the world. Average daily traded value has increased from Rs.7 crores in November-94 to more than Rs. 1480 crores in December-97 with a high of Rs.3,080.61 crores recorded on 26th June-97. Number of shares traded has increased from 76.10 lakhs in November-94 to 11,148.21 lakhs in December-97. Net traded value has increased from Rs.125 crores in November -94 to Rs. 32,549 crores in December-97. Delivered value (settlement wise) has increased from Rs.60 crores in November -94 to Rs.5,008 crores in December -97. Number of shares traded (depository segment) has increased from 200 shares in December -96 to 1,19,102 shares in December-97. Net traded value (depository segment) has increased from Rs.0.43 lakhs in December -96 to Rs.185.44 lakhs in December-97. Market share of cities other than five metros (Mumbai, Delhi, Calcutta, Chennai & Ahmedabad) which was about 16% in first quarter of 1996 grew to as high as 24% during the last quarter of 1997. The ratio of contribution to turnover from Non Stock Exchange centres to Stock Exchange centres has risen from 0.36% in first quarter (Jan to Mar) of 1996 to over 10% in fourth quarter of 1997. The market capitalisation of companies has increased from Rs. 292637 crores in November'94 to Rs. 4571663 crores in February'98.

Clearing & Settlement

Completed 170 settlements successfully without any delay or postponement as on February 28, 1998. Value of shares handled by the Clearing house per week has increased from Rs. 30 crores in November-94 to over Rs.1042 crores per week in December-97. The highest value of shares handled during the period was more than Rs. 2251.40 crores. Inter-Region Clearing : NSCCL has Regional Clearing Centres at Delhi, Calcutta, Chennai and a Central Clearing Centre at Mumbai. Members have the option of delivering/receiving the securities at a clearing centre chosen by them.

Wholesale Debt Market Operations

The WDM segment commenced operations on June 30, 1994 with 224 securities carrying an outstanding debt value of Rs. 1,35,000 crores (US$ 34 billion). This has now increased to 839 securities with a market capitalisation of Rs. 3,50,565 crores (US$ 88 billion). More than half of the securities available for trading are listed and the balance are permitted to trade. Currently, the Exchange has 78 registered participants on the WDM segment which includes 24 Public sector banks, 18 Foreign banks, 15 Private sector banks, 6 Primary dealers, 5 Financial institutions, the others being corporate bodies, mutual funds and foreign debt fund. Average daily value in the WDM segment increased from Rs. 2.4 crores in June-94 to Rs. 298.17 crores in December -97 with a high of Rs. 1831.27 crores recorded on 12-Aug-97. Net traded value in the WDM segment increased from Rs. 1096.25 crores in July -94 to Rs. 7,752.52 crores in December-97 with a high of Rs. 15,545.40 crores recorded in July '97. There has been a consistent increase in NSEs share of the total volume of activity in the market (gilt securities) over the period. Government securities along with Treasury bills together account for over 80% of the total market activity. The share of the Exchange of the total market activity in Government Securities and T-Bills has increased from a mere 22% in 1996 to 53% in 1997.

REQUIRED DOCUMENTS TO OPEN A DEMAT ACCOUNT

1. Pan Card Copy

2. Adress Proof.

3. Photographs (2 or more. depends on the bank).

4. Bank account details (The one that needs to be linked to the DEMAT account).

5. Account Opening Fees

COMPANY PROFILES

Angel Group has emerged as one of the top 3 retail broking houses in India. Incorporated in 1987, it has memberships on BSE, NSE and the two leading commodity exchanges in India i.e. NCDEX & MCX. Angel is also registered as a depository participant with CDSL.

Angel's retail stock broking house offering a gamut of retail centric services.

Ebroking Investment Advisory Portfolio Management Services Wealth Management Services Commodities Trading

Trade In: BSE and NSE

Angel Trade's Trading Platforms

Angel Broking offers 5 trading platforms to its customers: 1. Angel Diet It is an application based trading platform where rates are updated automatically. All segments are available on a single screen. This is ideal platform for the daily traders. 2. Angel Trade It is a browser based trading platform. The rates are updated automatically. This platform is useful for investors & traders to access market from different terminals. 3. Angel Investor It is a browser based trading platform for investors. It's an easy online trading platform accessible even behind proxy and firewall system set up. 4. Angel Lite This platform allows to access and trade even on slow internet connection. This platform provides facility to view live rates, last traded price and % change of your stocks. 5. Angel Swift This is a Mobile trading platform for mobile applications. Trading can be done on Equity and Commodity Market using this platform.

Angel Trade's Trading Brokerage, AMC and Fees

1. Account opening fees: Stock trading account - Rs 575/Demat account - Rs 200/Commodity trading - Rs 625/2. Brokerage: For trade up to the range of Rs 1 - 3 Crore: Cash Based: 0.50% Day trading: 0.05% Derivatives: 0.05% For trade more than Rs 3 Crore, brokerage is about 0.03%.

How to open account with Angel Trade?

There are 3 simple ways to open an account with Angel Trade.

Call at one of the below number and ask to open an account with them. Phone No: (022) 3950 0800 Visit one of their nearest branch and you will find representative to help you out. Click here to find the branch closest to you. Click on Open An Account and fill the form. One of the representative contacts you shortly. SMS EBRO to 5757587 for Account Opening

In all there cases Angel Broking representative contact you in 24 to 48 hours and tell you about the procedure to open an account.

Angel Trade Advantages

1. User friendly browser-based / application based online trading platform. 2. Investors have different investment options like Equity Trading, F&O, Commodities, PMS, Mutual Funds, Life Insurance, Personal Loans, IPO and Depository Services available under one roof. 3. The auto square off time is at 3:15 and an investor can buy up to 4 times the value in his account. 4. Trading account can be linked with popular private banks like HDFC Bank, ICICI Bank, UTI bank etc. 5. Presence in 450+ cities 6. Trading is available in both BSE and NSE.

Angel Trade Disadvantages

1. Online money transfer from trading account to bank account is not available: Trading account can be linked with popular private banks like HDFC Bank, ICICI Bank, UTI bank etc. A trader can transfer money from his bank to the trading account online. But the reverse transactions are not yet available online. This means money, a trader gets after selling shares doesnt get credited in his bank account directly. The trader has to call Angel Trade and request for the deposit. This takes couple of working days. This way angel trade is kind of behind with ICICIDirect where 3 accounts (Bank account, trading account and demat account) are connected so seamlessly that no manual interfere requires. In ICICIDirect, a trader gets the money back into his ICICI Bank account as soon as the trader settle down.

ANGEL BROKING PRODUCTS AND SERVICES

1. Equity

Investing in shares or stock market is inarguably the best route to long-term wealth accumulation. However, it can also be a very risky proposition due to high risk-return trade-off prevalent in the stock market. Hence, it is more appropriate to take help of an experienced and trustworthy expert who will guide you as to when, where and how to invest. Angel provides guidance in the exciting world of stock market with suitable trading solutions and value-added tools and services to enhance your trading experience.

Online Trading

Three different online products tailored for traders & investors Customized single screen Market Watch for multiple exchanges Real-time rates Flash news & intra-day calls Intra-day & historical charts with technical tools Online research E-broking & back-office software training

Quality Research

Wide range of daily, weekly and special Research reports Expert Sector Analysts with professional industry experience

Advisory

Real-time market information with News updates Investment Advisory services Dedicated Relationship Managers Portfolio Management Services

Support

247 Web-enabled Back Office

Centralized Help Desk Live Chat support system

Derivatives

The derivative segment is a highly lucrative market that gives investors an opportunity to earn superlative profits (or losses) by paying a nominal amount of margin. Over past few years, Future & Options segment has emerged as a popular medium for trading in financial markets. Future contracts are available on Equities, Indices, Currency and Commodities. Angel with its membership as Trading and Clearing Member of NSE F&O Segment and BSE Derivatives Segment, provides you a gateway to the exciting world of derivative market.

2. Commodities

Commodities Derivative market has emerged as a new avenue for investors to create wealth. Today, Commodities have evolved as the next best option after stocks and bonds for diversifying the portfolio. Based on the fundamentals of demand and supply, Commodities form a separate asset class offering investors, arbitrageurs and speculators immense potential to earn returns. Angel aims to harness the immense potential of the Commodities market by providing you a simple yet effective interface, research and knowledge.

2. Life Insurance

Ensure your familys well-being by securing their future with a life insurance policy. No financial planning is complete without life insurance. Angel offers an array of life insurance products like Term Plans, Endowment Plans, Money back Plans, Children Life Insurance Plans and ULIP Plans to meet your individual insurance requirements.

Mutual Funds

Investing in a Mutual fund is an excellent way of diversifying risk as well as portfolio. Angel presents its Mutual fund services that strive to meet all your mutual fund investment needs. We have a wide spectrum of investment schemes from all top mutual fund houses. Angel also provides recommendations based on in-depth research, mutual fund performance and mutual fund ratings to help meet your investment goals.

3. Depository Services

Enjoy the dual benefits of trading and depository services under one roof and experience efficient, risk-free and prompt depository service. Angel is registered as a Depository Participant with CDSL. We are also a member of the Bombay Stock Exchange (BSE), National Stock Exchange (NSE) and the two leading Commodity Exchanges in the countryNCDEX & MCX.

4. PMS

Portfolio Management Service is a highly customized service offering a range of investment options best suited in the current market scenario. Angel offers professional Portfolio Management Service (PMS) to HNIs who seek customized solutions to realize their investment goals. Our Portfolio Managers are equipped to design an investment portfolio across various investment avenues like Equities, Fixed Deposits, Bonds etc. in sync with your unique needs. Approach to PMS

Risk Profiling Research & Asset Allocation Stock Selection Review & Rebalancing

Angel, with years of experience and research expertise, offers the best in class Portfolio Management Services. 5. Currency Trading

The global increase in trade and foreign investments has led to inter-connection of many national economies. This and the resulting fluctuations in exchange rates, has created a huge international market for Forex rendering investors another exciting avenue for trading. The Forex market offers unmatched potential for profitable trading in any market condition or any stage of the business cycle.

6. NRI Services

Living in a foreign country never weakens the thread that binds you to your homeland. Angel Broking understands the varied needs of the NRIs and value their patronage. We offer a bouquet of products and services for NRIs. 7. Investment Advisory

Even a seasoned investor knows that effective timing of markets is not possible. Therefore, professional and expert advice is essential to generate superior returns from the stock market. At Angel, we offer you investment advisory services with ternary objective of superior returns, risk minimization and portfolio diversification. Supported by a highly specialized and dedicated Research team, Angel follows a client-centric approach to offer customized solutions. Personalized Services

One-to-One communication between client and Relationship Managers Effective investment advice and Research reports for clients Daily Calls before market hours

8. IPO

An investor can garner estimable returns by investing early in a company through an Initial Public Offering (IPO). Angel helps to invest in the primary market through the IPO route in an effortless way. We also provide you with latest news about the upcoming and current IPOs including their listing dates. Our analysts also offer investment advice based on thorough fundamental research of the currently open IPOs.

IFC as equity partner

International Finance Corporation (IFC) A Subsidiary of World Bank has invested in Angel This is the first time that IFC has invested in Equity Broking and Wealth Management Space

Distribution Model Hub & Spoke

CSO Regional offices Branch Offices Business Associates Angel Clients

Regional Hubs

Ahmedabad Bengaluru Chennai Cochin Coimbatore Hyderabad Indore Jaipur Kanpur Kolkata

Lucknow Ludhiana Mumbai Nagpur Nashik New Delhi Pune Rajkot Surat am