CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY
LIMITED
Cholamandalam is a pan-Indian, composite
financial services provider. It comprises
the parent company, Cholamandalam Investment
& Finance Company Limited (CIFCL), and its
subsidiaries Cholamandalam Distribution
Services Limited and Cholamandalam
Securities Limited. The shares of CIFCL are
listed in the Bombay Stock Exchange Ltd. and
National Stock Exchange of India Ltd.
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. 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, stock broking and distribution
of financial products to its customers. The
Company operates from over 200 branches
across India with an assets under management
over Rs.9000 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 Securities Limited (CSec)
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. Csec
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.
Founded in
1900, the Rs. 17051 Crores (USD 3.8 billion)
Murugappa Group is one of India's leading
business conglomerates. The Group has 28
businesses including eight listed Companies
actively traded in NSE & BSE. Headquartered
in Chennai, the major Companies of the Group
include Carborundum Universal Ltd.,
Cholamandalam Investment and Finance Company
Ltd., Cholamandalam MS General Insurance
Company Ltd., Coromandel International Ltd.,
Coromandel Engineering Company Ltd., E.I.D.
Parry (India) Ltd., Parry Agro Industries
Ltd., Tube Investments of India Ltd., and
Wendt (India) Ltd.
Market leaders in served segments including
Abrasives, Auto Components, Cycles, Sugar,
Farm Inputs, Fertilizers, Plantations,
Construction, Bio-products and
Nutraceuticals, the Group has forged strong
joint venture alliances with leading
international companies like Groupe Chimique
Tunisien, Foskor, Cargill, Mitsui Sumitomo
and Morgan Crucible. The Group has a wide
geographical presence spanning 13 states in
India and 5 continents.
Renowned brands like BSA, Hercules,
Ballmaster, Ajax, Parry’s, Gromor and
Paramfos are from the Murugappa stable. The
organization fosters an environment of
professionalism and has a workforce of over
32,000 employees. For more details, visit www.murugappa.com.
