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Cholamandalam is a
pan-Indian, composite financial services provider. It
comprises the parent company, Cholamandalam Investment
& Finance Company Limited (CIFCL), and its
subsidiaries and associates Cholamandalam Distribution
Limited, Cholamandalam Securities Limited. The shares of
CIFCL are listed in the Madras (MSE), Mumbai (BSE) and
National (NSE) Stock Exchanges.
Cholamandalam Investment
and Finance Company Limited (CIFCL) Cholamandalam
Investment & Finance Company Limited (CIFCL) was
incorporated in 1978 as the financial services arm of
the Murugappa Group. In 2005, post the joint venture
partnership between the Murugappa Group and Bank
Limited, Singapore, the Company was renamed as
Cholamandalam Investment & Finance Company Limited (CIFCL).
The Company that commenced business as an equipment
financing company has now emerged as a comprehensive
financial services solution provider that offers vehicle
finance, business finance, home equity loans, mutual
funds, stock broking and distribution of financial
products to its customers. The Company operates from
over 140 branches across India with an asset under
management of about Rs.8546 Crores. The subsidiaries of
Cholamandalam include Cholamandalam Securities Limited (CSec)
and Cholamandalam Distribution Limited (CDSL).
Cholamandalam
Distribution Services Limited ( CDSL) Is in the business
of providing wealth management services with enhanced
focus on larger product basket and unbiased investment
advice. Products offered include mutual funds, life and
general insurance, equities, real estate, private equity
and fixed income products. The company has a rich base
of loyal clients and ranks among the top 30 distributors
in the country with an asset size of Rs.1368 crores as
on March 31, 2008.
Cholamandalam
Distribution Services Limited ( CDSL) Is a securities
broking company offering stock broking and equity
advisory services to institutional investors, including
many of the largest mutual funds in India and individual
clients across the country. DCsec is a member of Bombay
Stock Exchange Limited and National Stock Exchange of
India Limited. It is also a depository participant with
National Securities Depository Limited (NSDL) and
Central Depository Services (India) Limited (CDSL).
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