About Shivranjani Securities Co. Pvt. Ltd.

Shivranjani Securities Co. Pvt Ltd is a company promoted by Mr. Shivanand Salgaocar and Mr. Vijay Hede with its office situated at Salgaocar Center Panjim. The company specializes in offering a basket of Financial products which include Share Trading and equity advisory Services, Mutual Funds, Insurance, Bonds to Corporate, High Net worth Individuals as well as Retail Investors. The unique selling proposition of this company is that it possesses sound and up to date knowledge about all the financial products thus ensuring ‘The right product for the right person’.

The Company has a Value Driven Model, which primarily focuses on building long term relationships with clients. This means that the financial goals and objectives of the customer are first identified and then a suitable product is offered to the customer so as to achieve this goal and objectives.

 

key figures

 

Rs. in Lakhs

 

 

Particulars

31.03.2009

31.03.2010

31.03.2011

31.03.2012

Income

350.76

253.97

228.77

269.51

Profit Before Tax

256.79

165.63

141.34

174.10

Dividend per share of Rs. 100 (Rs.)

465.00

310.00

265.00

 330.00

 

Shivranjani Securities Pvt Ltd is one of the largest Mutual Funds Distributors in Goa with Assets under Management of over Rs 575 crores.

The Company prides itself on its superior knowledge of various mutual fund products and schemes. The Management of the company also interacts with the Fund managers and various heads of Asset Management companies on a regular basis so as to be in tune with the latest happenings. Shivranjani Securities Co. Pvt Ltd has been awarded the Pru ICICI Chairman- Gold Award for 3 consecutive years. These awards were for being the best mobiliser of Mutual Funds in the region of comprising of Goa, Indore, Surat, Rajkot, Bhubahneshwar, Ranchi, Guwahti, Raipur, Bhopal, Cochin, Coimbatore, Mangalore, Vijaywada, and Visakapatnam.

The Company has received recognition by various Mutual Funds for the mobilization generated. Below is a summary of the various category awards received from Mutual Funds.

  • Reliance Mutual Fund : Platinum

  • IDFC Mutual Fund : Platinum

  • HDFC Mutual Fund : National

  • ICICI Prudential Mutual : Gold

  • SBI Mutual Fund : Gold

Shivranjani Securities Co. Pvt Ltd has also gained a reputation for its ethics of not churning the Mutual Fund portfolios, not actively promoting NFO’s, not selling products solely for the generation of brokerage and not comparing funds on the basis of 15 day and one month returns.