Mr. C.J. George and Mr. Ranajit Kanjilal founded Geojit as a partnership firm in the year 1987. In 1993, Mr. Ranajit Kanjilal retired from the firm and Geojit became a proprietary concern of Mr. C .J. George. In 1994, it became a Public Limited Company by the name Geojit Securities Ltd. The Kerala State Industrial Development Corporation Ltd. (KSIDC), in 1995, became a co-promoter of Geojit by acquiring 24% stake in the company, the only instance in India of a government entity participating in the equity of a stock broking company. Geojit listed at The Stock Exchange, Mumbai (BSE) in the year 2000. In 2003, the Company was renamed as Geojit Financial Services Ltd. (GFSL). The board of the company consists of professional directors; including a Kerala government nominee with 2/3rd of the board members being Independent Directors. With effect from July 2005, the company is also listed at The National Stock Exchange (NSE). Geojit is a charter member of the Financial Planning Standards Board of India and is one of the largest DP brokers in the country.
Overseas Joint Ventures
Barjeel Geojit Securities, LLC, Dubai, is a joint venture of Geojit with Al Saud Group belonging to Sultan bin Saud Al Qassemi having diversified interests in the area of equity markets, real estates and trading. Barjeel Geojit is a financial intermediary and the first licensed brokerage company in UAE. It has facilities for off-line and on-line trading in Indian capital market and also in US, European and Far-Eastern capital markets. It also provides Depository services and deals in Indian and International Funds. An associate company, Global Financial Investments S.A.O.G provides similar services in Oman.
Aloula Geojit Brokerage Company, is Geojit’s recently promoted joint venture in Saudi Arabia with the Al Johar Group. Saudi is home to the world’s single largest NRI population. The new venture is expected to start operations in the latter half of 2008. The Saudi national and the NRI would be able to invest in the Saudi capital market. The NRI would also be able to invest in the Indian stock market and in Indian mutual funds. This joint venture makes Geojit the first Indian stock broking company to commence domestic retail brokerage operations in any foreign country.
Overseas Business Association
Bank of Bahrain and Kuwait (BBK), one of the largest retail banks in Bahrain & Kuwait through its NRI-Business, and Geojit entered into an exclusive agreement in September 2007. This association will provide the bank’s sophisticated client base , the opportunity to diversify their holdings through investments in the Indian stock market. Services offered are- Investment Advisory, Portfolio Management, Mutual Funds, Trading in Indian Equity Market, DEMAT and Bank account, Offline Share Transactions and PAN Card.
Bahrain Location
Our Branch Near Chengannur
Geojit, 1st Floor, Kochuputhenpurakal Complex , Engineering College Junction , Court Road , Chengannur - 689 121
Tele No:
0479 -2457545 / 3295001, 94479 71343
E-Mail :
chengannur@geojit.com
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