1. Logo appears
here

2. The Vision
“To be a shining example
as a leader in innovation
and the first choice
for clients & employees”

3.  Institutions
 Private Clients
 Priority Clients
 Non Resident
Clients
 Equity Capital Market
– IPOs / FPO / QIB
 Private Equity / Advisory
 M&A
 Debt Raising, Syndication
and Restructuring
 Equities
 Derivatives
 Bonds
 Mutual Funds
 Commodities
 Insurance
Mumbai, Delhi, Kolkata, Chennai,
Bangalore, Hyderabad, Dubai,
Bangkok and Singapore
Mumbai, Delhi, Chennai, Kolkata,
Bangalore, Hyderabad and Ahmedabad
Present at 400 locations
across India
Wealth
Management
Investment
Banking
Brokerage &
Distribution
PRIVATE & CONFIDENTIAL
Set up in 1994, 4000 people
19.9% stake held by Citigroup Venture Capital International (CVC)
Group Overview

4. Anand Rathi
Commodities Limited
Rathi Global
Finance
Anand Rathi
Insurance Brokers
AR Middle East
DMCC
Anand Rathi Share
and Stock Brokers
Corporate Structure
• Member - NSE
• Depository Participant
NSDL
• Member – NCDEX,
MCX & NMCE
• NBFC • Insurance
Broking
 Member, Dubai
Gold & Commodities
Exchange
AR Venture Funds
Management
• Real Estate
Private Equity
PRIVATE & CONFIDENTIAL
• Member - BSE
• Depository Participant - CDSL
• Wealth Management
• Investment Banking
Anand Rathi
(International)
• International
Operations
Anand Rathi Financial Services Limited

5. Board of Directors
Amit Rathi, Managing Director
A rank holder Chartered Accountant and an MBA from Leonard N. Stern School of
Business, New York University joined the group in 1998. He was instrumental in
establishing the group's private wealth management and investment banking businesses.
Calling him a 'financial guru', the Times of India group, listed Amit in 2008 amongst the
top 51 young Marwaris in India (under the age of 40).
Pradeep Gupta, Co- founder & Vice chairman
With over twenty years experience in the securities market. Co-founder and key driver of
the Retail and Institutional Equities business of the group.
Anand Rathi, Founder & Chairman
A gold medalist Chartered Accountant and former President Bombay Stock Exchange (BSE).
A key executive of the Birla Group and the driving force behind the setting up of the Birla
Group's Cement and Financial Services business among others. And in the setting up of the
Online trading system and the Central Depository Services Ltd in India. With over 40 years
in the industry.

6. Board of Directors – Independent
Former Chairman of State Bank of
India. Director in Financial
Technologies (India). Director in
Sesa Goa Ltd. Director in SBI Funds
Management Pvt Ltd & the Multi
Commodity Exchange of India Ltd
and a M. A. in Economics
Former Chairman Securities & Exchange Board of
India (SEBI) and Deputy Director of the RBI.
Former Chairman Unit Trust of India (UTI).
Member of General Committees of Government of
India & Financial Reforms and Chairman CMIE 1998
till date. And a M. A. (USA) with Ph D in
Economics
Formerly Secretary in the Union
Ministry of Mines. Special Secretary &
Additional Secretary in the Ministry of
Coal. Resident Chief Information
Commissioner - AP (Right to
Information Act). Commissioner Civil
Supplies (AP). Chairman & MD, APSEC.
With a M .A.(History) and diploma
Management & Administration of Rural
Development (Birmingham, UK)
Managing Director Citi Venture Capital London
Over 17 years experience with Citi. Joined
CVC international in 2001. Worked on Strategy
and business development for Citibank in
CEEMEA region and managed Cash Management
Business for Citi in Poland and India. A B Tech
(IIT Delhi) and an MBA (IIM Ahmedabad)
P G Kakodkar, Director Dr. S A Dave, Director
Ajit Bhushan, DirectorC D Arha, Director

7. Key Business Heads
Rakesh Rawal, Head – Private Wealth
Previously Vice President, Private Wealth
Management, Deutsche Bank. With over 25 years
career in Wealth Management, he has held key
leadership roles in illustrious organisations like
Hindustan Lever and Ranbaxy Laboratories. A B
Tech (IIT-Kanpur) and MBA (Finance) from JBIMS
Amandeep S. Chahal, Head–Retail
During his 14 years of work experience,
Mr. Amandeep Chahal has worked with
Standard Chartered Bank, Citibank and
Yes Bank amongst others. Prior to
joining Anand Rathi in May 2006, he was
the Head of Yes Bank’s Retail operations
in the North. He is an MBA, from
Symbiosis Institute of Business
Management.

8. Key Business Heads
Ms. Priti Gupta, Executive Director – Commodities
Ms. Gupta was instrumental in setting up the commodity desk and in formulating the overall
strategy of the internal systems & processes, new products and innovation. She has lead the
advisory team for commodity exchanges across the world for Base Metals & Energy in particular
and was the driving force behind the group’s association with international counterparts NATIXIS
(an exclusive tie up in India) and Spread Co offering exposure to global markets. Prior to joining
the group she was Director with Navratan Capital & Securities P Ltd. (Member of National Stock
Exchange of India Ltd.). Ms. Gupta has done her FMB from S. P. Jain
Ms. Supriya Rathi, Director - Insurance
Ms. Rathi has 14 years of varied experience across financial services including 6 years
experience in Insurance Broking. Ms. Rathi was instrumental in setting up setting up a
Greenfield & profitable insurance brokerage operation for the group and has designed internal
systems & processes for marketing, research & claim management. She has been the driving
force in setting up the operational processes & interfaces with insurance companies and in
creating a nationwide team for servicing clients for their life & non-life insurance needs. Prior
to join the group in 1998 she has worked in Retail Banking and Equity Research.with leading
organizations like Hong Kong Bank, Asia Securities PCL (now part of ABN-Amro Bank), Solomon
Smith & Barnery (now part of Citigroup). She is an MBA (Finance) from Stern School of Business,
NYU

9. Awards and Accolades
 Ranked #1 Pvt bank Domestic and # 2 Private Bank –Overall
by Asiamoney polls 2009.
 We are consistently amongst the top 3 brokers in commodity
and currency segments on MCX, NSE and MCX-SX.
 We are amongst the top 10 brokers on DGCX.
 First to introduce structured products in commodities.

10. Recognition
 Ranked as the no 1 Private Bank-
Domestic & no 2- Overall by Asia Money
2009 polls.
 Ranked 6th in FY2006 for All India Broker
Performance in equity distribution in the
High Networth Individuals (HNI) Category.
 Ranked 9th in the Retail Category having
more than 5% market share

11. Group History - Milestones
1994: Started activities in consulting and Institutional equity sales with staff of 15
1995: Set up a research desk and empanelled with major institutional investors
1997: Introduced investment banking businesses. Retail brokerage services launched
1999: Lead managed first IPO and executed first M & A deal
2001: Initiated Wealth Management Services
2002: Retail business expansion recommences with ownership model
2003: Wealth Management assets cross Rs1500 crores; Insurance broking launched; Launch of Wealth
Management services in Dubai; Retail Branch network exceeds 50
2004: Commodities brokerage and real estate services introduced; Wealth Management assets cross
Rs3000crores; Institutional equities business relaunched and senior research team put in place; Retail Branch
network expands across 100 locations within India
2005: Real Estate Private Equity Fund launched; Retail branch network expands to 200 locations within India
2006: AR Middle East, WOS acquires membership of Dubai Gold & Commodity Exchange (DGCX);
Ranked amongst South Asia's top 5 wealth managers for the ultra-rich by Asia Money 2006 poll; Ranked 6th in
FY2006 for All India Broker Performance in equity distribution in the High Networth Individuals (HNI) Category
Ranked 9th in the Retail Category having more than 5% market share; Completes its presence in all States
across the country with offices at 300+ locations within India
2007: Citigroup Venture Capital International picks up 19.9% equity stake; Retail customer base crosses 200
thousand; Establishes presence in over 450 locations
2009: Ranked #1 Private Domestic Asia Money polls 2009.

12. Brokerage & Distribution
 Specialist teams providing best-of-breed research, execution and settlement through
branches nationwide
 Licenses
 Member, BSE+NSE (Cash & Derivatives)
 Depository Participant (CDSL & NSDL)
 Member, NCDEX, MCX, NMCE (Commodities Exchanges)
 Insurance Brokerage (IRDA)
 Member, Dubai Gold & Commodities Exchange (DGCX)
 MF Distribution (AMFI)
 Cutting-edge technology support providing real-time access to clients through a
private broadband satellite network, leased links and the internet
PRIVATE & CONFIDENTIAL
Reaching out nationwide

13.  Equities
 Derivatives
 Commodities
 IPOs
 Mutual Funds
 Life & Non-Life Insurance
 Depository Services
 Bonds
 Value-add services
 backed by independent research
teams
 real-time support to clients
Brokerage & Distribution
 Institutional clients including
most leading Mutual Funds,
Banks and Insurance
Companies
 Individuals, Families &
Corporates across India
 Non Resident Indians
Products Clients Size
 Daily turnover in excess of
Rs 15 bn
 1,45,000+ clients
nationwide
 Leading distributor of
Insurance, Mutual Funds &
third party products
PRIVATE & CONFIDENTIAL

14. Pan India presence

15. Dubai Singapore
International Presence
Bangkok

16. Why Anand Rathi?
▪ Both domestic and International platform
▪ Dedicated Corporate Setup
▪ Regional penetration
▪ Research capability
▪ Offering tailor made solutions for specific exposure

17. The Anand Rathi Advantage
 Client-centric philosophy, with focus on providing long term value addition to clients, maintaining
highest standards of excellence, ethics and professionalism
 We always strive to develop strong relationships with our clients nurtured by personal attention of
senior management
 We approach our clients holistically with the goal of balancing their strategic and financial
objectives
 Proficiency in rendering consistent high quality value added services
 A senior product team of retail specialists who provide hands on support to Personal Investment
Advisors for all products

18. Our Strengths – Corporate Client Servicing
 Risk Management system
 Trade execution/Dealing
 Research
 Operations
 Memberships and Licenses
 Our Team

19. Services to Clients

20. Trade Execution / Dealing
 We recommend that clients appoint an authorized person for trading.
 Tailor made hedging solution
 Voice recording ensures transparency.
 High execution speed of 1.25 second vs. an industry average of 5
seconds (source: Transaction Auditing Group).
 State of the art online trading system

21. Research
 Dedicated fundamental Research team for corporate guidance.
 Publish variety of quality research reports
 Sector specific
 Macro Economic trends
 Fundamental Reports – Daily, Weekly.
 Technical Reports
 Our excellent relationship with major market players gives us an edge over our
competitors in information collation
 Regular Sector wise surveys enable us to have first hand information from ground
level
 Success ratio of our positional calls is 70%

22. List of Research

23. Partnering with Corporate Clients
 Our thrust is on developing long term mutually beneficial relationship
with corporates.
 There is a separate team to cater to corporate clients requirements.
 Provide dedicated Relationship Manager and dealer to our large
corporates.
 Provide consultancy services in commodities to clients like HUL etc.
 We serve more than 150 corporate clients across India in commodities
and currency segment.

24. DCM Shriram Consolidated Ltd
K.K.Birla group of
Sugar Companies
A glance at our Key Clients

25. Our Key Clients
KN Resources –
Itarsi Oils LtdRuchi Soya
Industries

26. Disclaimer
Past performance may not be indicative of future results!
Therefore, you should not assume that the future performance of
any specific investment or investment strategy will be profitable
or equal to corresponding past performance levels. Each
investment decision you make should be determined with
reference to the specific information available for such
investment, and not based upon the success of past
recommendations.

27. DISCLAIMER
This report has been issued by Anand Rathi Commodities Ltd (ARCL), which is regulated by FMC. The information herein was obtained
from various sources; we do not guarantee its accuracy or completeness. Neither the information nor any opinion expressed
constitutes an offer, or an invitation to make an offer, to buy or sell any securities or any options, futures or other derivatives related
to such securities ("related investments"). ARCL and its affiliates may trade for their own accounts as market maker / jobber and/or
arbitrageur in any securities of this issuer(s) or in related investments, and may be on the opposite side of public orders. ARCL, its
affiliates, directors, officers, and employees may have a long or short position in any securities of this issuer(s) or in related
investments. ARCL or its affiliates may from time to time perform investment banking or other services for, or solicit investment
banking or other business from, any entity mentioned in this report. This research report is prepared for private circulation. It does
not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may
receive this report. Investors should seek financial advice regarding the appropriateness of investing in any securities or investment
strategies discussed or recommended in this report and should understand that statements regarding future prospects may not be
realized. Investors should note that income from such securities, if any, may fluctuate and that each security's price or value may rise
or fall. Past performance is not necessarily a guide to future performance. Foreign currency rates of exchange may adversely affect
the value, price or income of any security or related investment mentioned in this report.
Thank you