Comfort Securities Limited (CSL) to target corporate and SME sector
Opens Merchant Banking branch in Kolkata
Kolkata, 11th August, 2011 : Comfort Securities Limited (CSL), one of the fastest growing broking houses has expanded its reach in Eastern India by opening a branch in the commercial capital of East India i.e. Kolkata. The branch will concentrate majority of its activities in the field of Merchant Banking and cover entire eastern region that includes West Bengal, Bihar, Jharkhand and near-by states. The primary focus will be to provide services to the Corporate and SME sector. Comfort Securities Limited is a Category I Merchant Banker and is registered with Securities & Exchange Board of India (SEBI).
CSL has handled three IPO’s and various other projects in Merchant banking in the last fiscal. Under this branch, CSL will offer an array of services covering IPO / FPO / Rights Issue, Preferential Allotment, ESOP / ESOS, Takeovers and Acquisitions, Mergers & Amalgamations, Buyback of Shares, Project Approval / Identification, Preparing Feasibility Report, Placement of Debt/Equity Instruments, Devising Marketing Strategies, Delisting, Debt Syndication Services and Project Financing Services.
Pleased with this new development, Mr. Anil Agrawal, Director, Comfort Securities Limited (CSL) said, “The expansion in the region is an important step for the growth of our company and will establish our niche as a specialist in merchant banking services in addition to the various financial services that we offer. Our focus is to tap the east India markets and Kolkata stands tall in the capital and finance markets. With a strong focus on growth is driven by business values, we are set to meet any requirements of the growing corporate and SME sector of this region. The idea is to make the service comfortable and accessible for all.”
“The company is on expansion path and simultaneously it will continue to develop its presence in all segments in other parts of India including Gujarat, M.P., Rajasthan, Maharashtra and other states”, added Mr. Agrawal.
About Comfort Securities Limited (CSL) : The Comfort Group was founded in 1994 as a small finance company, with just two people running the show. The group started its operations in the security market in 2007 by the name Comfort Securities Limited (CSL). Within a short span of 4 years CSL and its group Companies have made available all the essential platforms like BSE, NSE, MCX, MCX-SX, NCDEX, Merchant Banking and Non Banking Finance Activities covering primary market, investment solution, debt services, capital markets, equity, derivatives, currency derivatives, project financing, wholesale financing and other segments to the clients community. Our group company “Comfort Intech” is listed on BSE and Comfort Fincap Limited is listed with CSE, UPSE and DSE. The company is headquartered in Mumbai and is on expansion across major cities in India.
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