Creating Value For Business Travellers

Indiabulls is among the few retail finance service providers which has evolved into a one stop shop for business travellers keen to keep track of their investments while on the move, finds feBusiness Traveller

Rajiv Rattan

The Indian capital markets have never had it better in the last twelve months or so, with the Bombay Stock Exchange Index virtually doubling, buoyed by more than eight per cent growth in GDP and benign inflation. In such a scenario, staying away from the capital markets has been equated with sleeping through the gold rush. Yet many of the busy professionals, frugal for time and weary of wading into the volatile markets by themselves have had to do just that. In an age of information, transparency and a robust professional service industry, such fears may be less valid. The key for the busy layman, experts say, is to be able to have access to reliable information and in-depth analysis so that they can make an informed choice themselves.

Sameer Gehalut

One such organisation that has off late come to symbolise the veritable option for the working class profile that is keen to invest its money but does not have to time to monitor and analyse the market by itself, is Indiabulls Financial Services Ltd. The company has been set up by three young engineers, all alumni of IIT Delhi - Sameer Gehlaut, Rajiv Rattan and Saurabh Mittal. Friends from college, the trio had worked in top oil field services companies Schlumberger and Halliburton before starting Indiabulls. A public company listed on the National Stock Exchange, Bombay Stock Exchange, Luxembourg Stock Exchange & London Stock Exchange, Indiabulls Financial Services Ltd is a NBFC without accepting public deposits and is regulated by the Reserve Bank of India.

Saurabh Mittal

Indiabulls Financial Services Ltd is among India's leading retail financial services company providing a diverse array of financial products and services through its nation wide network of over 270 Indiabulls offices located in over 90 cities. Indiabulls, along with its subsidiary companies, offers consumer loans, brokerage and depository services, mutual funds, personal loans, home loans and other financial products and services to the retail mass markets. The company serves over 1,70,000 customers across different financial products through its network of branch offices, call centers and Internet.

Indiabulls is an unique financial services firm in so much as it provides the tools and advice that investors needs to enhance their wealth and thereby achieve their financial goals, by offering stock trading services, depository services, equity research services, access to third party mutual funds, insurance products and consumer loans. Its core belief is that the smart investor wants to make his own educated investment choices and demands world class access to a full range of services and products, combined with a high level of integrity, service and professionalism. Indiabulls provides its clients with real time service, multi-channel & 24/7 access to all information and products.

Indiabulls has focused on offering its clients an extensive product range with enhanced customer experience. Indiabulls flagship product POWER INDIABULLS™ offers real-time prices, equity analysis, detailed data and news, intelligent analytics, and electronic trading capabilities, right at the client's fingertips from anywhere. Indiabulls has focused on the mantra of ‘Any Time, Any How, Any Where’ while designing products. To access POWER INDIABULLS™ all the business traveller needs is a computer and access to Internet. The platform is available all the time and for those who are busy while the markets are on they can place trades even after market hours. The system automatically sends the orders as soon as the market opens the next day.

Besides allowing the business traveller to trade anytime, it also lets a client track his portfolio and get updates on what is happening in the economy. Those on the move don't need to worry about losing touch with the stock markets or not being able to track their portfolios just because they are not locked to their office or home computer or they don't have time during the day. This product also gets rid of the pain of calling up the broker and holding endlessly to just get an update on the market or the client's personal portfolio. This powerful technology is complemented by knowledgeable and customer focused relationship managers who are available to clients day and night.

Rajiv Rattan with family

This unique enterprise traces its beginning all the way back to 1999 when Sameer and Rajiv acquired a Delhi-based stock broking company Orbis Securities Pvt Ltd with the money saved from their previous jobs. Later Saurabh, with an MBA from Harvard Business School, also joined in. Sameer was one of the three engineers selected by Halliburton to work for its international services business in the year 1995. Rajiv was the only engineer selected by Schlumberger to work for its international services business in the year 1994. Rajiv has developed and monitors the efficient processes, which form the heart of client experience at Indiabulls. Under the leadership of Sameer, Group CEO and Rajiv, Indiabulls expanded its product and service offering using technology as its core strength, which resulted in tremendous growth.

Indiabulls partner in the real estate business is Farallon Capital, a registered investment advisor with the US Securities and Exchange Commission (SEC), managing over US $ 15 billion in private assets for some of the leading institutions in the world. The net worth of the company on consolidated basis is over Rs 1300 crores and the market capitalization of the company is over Rs 3000 crores. More than 60 per cent shareholding of the company is held by FIIs and private equity funds.