Entrepreneurial spirit guided by ethics: The way to build lasting growth.

Foundations & Milestones

In 71 years PL has seen a growth of 800 folds in terms of gross revenue and 35 folds in terms of man power

1944 – 1970

  • Registered as a partnership Stock Broking Firm in 1944
  • Introduced Equities Arbitrage Business services
  • Introduced Equity Stock Broking services

1970 – 1980

  • Started first branch in Pune
  • Became first to offer door step service
  • Distribution of Initial Public Offering (IPO)
  • Underwriting
  • Team size increases to 25

1981 – 1990

  • First Broker to be corporatized as a BSE Member
  • First brokerage firm in India to computerize back office operations
  • One of the leaders in Badla Finance for retail segment
  • Institutional equities
    • Domestic Institution Investor (DII)
    • Domestic Funds
  • Badla Finance
  • Team size increases to 60

1991 – 2000

  • Empanelled with numbers of FII and DII
  • Developed a strong sub broker network
  • Foreign Institutional Investor
  • Arbitrage between NSE and BSE
  • Franchisee Set-up
  • Team size increases to 125

2001 – 2014

  • Corporate Advisory business grew manifold within 3 years
  • PMS - Corpus size grew multifold
  • Rated amongst the best for our research by Institutional Investors
  • Consistently rated amongst the best brokerage houses for its research by Asiamoney Brokers Poll
  • Corporate Advisory
  • Investment Banking
  • Margin Funding through NBFC
  • Portfolio Management Services (PMS)
  • Online Trading
  • Currency
  • Commodity
  • Team size: 350+