COMPANY PROFILE

Religare is a financial services company in India, offering a wide range of financial products and services targeted at retail investors, high net worth individuals and corporate and institutional clients. It is promoted by the promoters of Ranbaxy Laboratories Limited. As on September 30, 2007 it operated from 6 regional offices and 40 sub-regional offices and had presence in 392 cities and towns controlling 1,217 locations managed by it and its Business Associates all over India, as well as a representative office in London. While the majority of offices provide the full complement of services, it also has dedicated offices for its investment banking, institutional brokerage, portfolio management services and priority client services. Religare Enterprises Limited is the holding company for our subsidiaries. Its principal subsidiaries include: Religare Securities ltd. ( RSL ).  Registered with SEBI as an approved stockbroker with membership of National Stock Exchange ( NSE ) and Bombay Stock Exchange ( BSE ).  NSE: SEBI Registration. No: INB 230653732 and INF 230653732 TM Co: 06537 Clearing Member (F&O) No. M50235 BSE: SEBI Registration. No: INB 010653732 and INF010653732; Clearing No: 3004  Registered with SEBI for portfolio management services ( PMS )  PMS Registration No: INP 000000738 MAPIN No: 100001834  Registered with SEBI as a Depository Participant providing services of National Securities  Depository Limited ( NSDL ) and Central Depository Services Limited ( CDSL ). NSDL:

DP ID: IN 301774 | SEBI Regn. No: IN-DP-NSDL-150-2000 | CDSL DP ID: 30200 SEBI Regn. No: IN-DP-CDSL-202-2003.  Registered with SEBI as Category I merchant banker.  SEBI Merchant Banking Registration No: MB/INM000011062.  Applied with SEBI to be sponsor of an asset management company ( AMC ) in a joint venture with AEGON International N.V., a global provider of life insurance and Pension services. The company has divided its product and service offering under three broad client interface categories: Retail Spectrum , Wealth Spectrum and Institutional Spectrum . Retail Spectrum covers equity brokerage services, commodity brokerage services, personal financial services (financial planning for the retail investor, including the distribution of mutual funds, savings products, life insurance and initial public offerings ( IPOs ) and personal credit (personal loans services ( PLS ) and loans against shares ( LAS )). Historically, the service offered in this spectrum has been the most substantial part of its business. Retail Spectrum services in India are being offered through a network of 1,217 Business Locations spread across 392 cities and towns and also through our online platform, www.religareonline.com, which is being developed as an integrated portal to offer financial and other services. Business Locations include intermediaries, or its Business Associates , who deliver a standard quality of service offering on the basis of a pre-determined revenue sharing ratio for the business generated through them. Retail Spectrum focuses on clients who keep less than Rs. 2.5 million on a continuing basis, in the form of either equity trading account margin, mutual fund investment, portfolio management investments or insurance premiums paid up. It has also increased its local commodity locations (or mandis ) from 42 as of March 31, 2007 to 50 as of September 30, 2007 in order to expand retail commodity brokerage services. Wealth Spectrum covers products and services which are geared to service high net worth individuals and provide wealth advisory services (on an asset allocation model), PMS (discretionary equity investments), priority client equity services (non-discretionary equity trading services), art initiatives (an art fund which we intend shortly to launch as an investment diversification product) and international equity investment advisory services. The firm has entered into an exclusive arrangement with Wall Street Electronic, Inc., a New York broker-dealer, to give Indian clients access through it to U.S. markets. Wealth Spectrum focuses on clients who keep at least Rs. 2.5 million on a continuing basis or more in the form of equity trading account margins, mutual fund investments, portfolio management investment or insurance premiums paid up.

Institutional Spectrum covers products and services which cater under one service offering to corporate and institutional clients, including domestic mutual funds, FIIs, banks and corporate customers. The Institutional Spectrum provides services to the institutional investor community through institutional brokerage and investment banking services. We also link corporate clients with a transaction advisory group, which consists of account managers through whom institutional clients are able to access the full range of our services.

VISION
"To be the leading emerging markets financial services group driven by innovation, delivering superior value for all stakeholders globally".

MISSION
PROVIDING COMPLETE FINANCIAL CARE DRIVEN BY THE CORE VALUES OF TRANSPERANCY AND DILIGENCE

BRAND ESSENCE
Core brand essence is Diligence and Religare is driven by ethical and Dynamic processes for wealth creation

RELIGARE SECURITIES LTD

Member of National stock exchange of India and Bombay stock exchange of India and depository participant with national securities depository limited (NSDL) and central depository services limited (CDSL). A SEBI approved portfolio manager. RSL provides platform to all segments of investors to leverage the immense opportunity offered by equity investing in India either on their own or through managed funds in portfolio management. The A.R.N NO. Of Religare securities limited are 33764. The A.R.N NO. Is required by the brokers who deal on behalf of the investors or sell the mutual funds of different companies present in the market.

THE RELIGARE EDGE

           Diverse offerings Dynamic management team State of the art technology Vast distribution and reach Robust brand recognition Synergistic partnerships Innovative initiatives Pan India footprint Powerful research and analytics supported by a pool of highly skilled research analysts Ethical business practices Single window for all investment needs through your unique CRN

DIRECTORS OF RELIGARE SECURITIES LTD

     CHAIRMAN: MR.HARPAL SINGH MANAGING DIRECTOR: MR.SUNIL GODHWANI DIRECTOR: MR.VINOD KUMAR KAUL DIRECTOR: MR.MALVINDER MOHAN SINGH DIRECTOR: MR.SHIVENDER MOHAN SINGH

ORGANIZATION STRUCTURE

Religare diversification
Religare Finvest Limited
y

Lending and Distribution business

Religare Finance Ltd.

Capital Market Financing

Religare - Milestone
y y y

JV with Milestone Capital to manage a healthcare and education fund JV with Vistaar Entertainment Ventures for film fund India's first ever film fund

Vistaar Religare Capital Advisors Ltd.

Religare Insurance Broking Limited

y y

Life Insurance Broking Business Non-Life Insurance Broking Business

Religare Arts Initiative Limited

y y y

Business of Art Art Gallery Art Advisory

Religare Macquarie Wealth Mgmt. Ltd.

y

JV with Macquarie for Wealth Management Business

Religare Venture Capital Limited

 Private Equity and Investment Manager

Religare Capital Markets Limited

y y

PE and M&A Advisory Institutional Broking Investment Banking

Religare AMC Limited

y y

Asset Management Business Portfolio Management

Religare Commodities Limited

y

Commodity Broking Business

AEGON Religare Life Insurance Co. Ltd.

y

Life Insurance Company JV with Aegon(26%) Religare (44%), and Bennett & Coleman (30%)

Religare Securities Limited

y y y

Retail Equity Broking Online Investment Portal Depository Services

RELIGARES JOINT VENTURES

AEGON RELIGARE LIFE INSURANCE

RELIGARE MACQUARIE WEALTH MANAGEMENT COMPANY

VISTAAR RELIGARE- THE FILM FUND

MILESTONE RELIGARE-PRIVATE EQUITY FUND

GROUP COMPANIES OF RELIGARE

FORTIS HEALTHCARE LTD

SUPER RELIGARE LABORATORIES LTD

RELIGARE WELLNESS LTD.

RELIGARE TECHNOVA LTD.

COMPETITORS
There are several financial securities companies playing their roles in Indian equity market but Religare faces competition from these few companies.           ICICI Direct Share khan Kotak securities.com India bulls India infoline Motilal oswal HDFC securities Angel broking Nirmal bang securities Micro sec share broking

SERVICES OFFERED TO CUSTOMERS

EQUITY
ARTS INITIATIVE COMMODITY

PERSONAL CREDIT

RSL

MUTUAL FUND

INVESTMENT BANKING WEALTH ADVISORY

INSURANCE

PRODUCTS
            EQUITY BROKING-BSE and NSE COMMODITIES TRADING- NCDEX and MCX CURRENCY FUTURES MUTUAL FUNDS DEPOSITORY SERVICES-CDSL and NSDL DERIVATIVES-FUTURES and OPTIONS INTERNET BROKING ONLINE TRADING INSTITUTIONAL BROKING PORTFOLIO MANAGEMENT SERVICES INITIAL PUBLIC OFFERS MUTUAL FUND INVESTMENTS SYSTEMATIC INVESTMENT PLAN

SWOT OF RELIGARE SECURITIES LTD(RSL)

Strengths :      No annual maintenance charge for online broking services Diverse portfolio under one roof Offer one of the lowest brokerage Best equity research team No Stamp duty

Weakness :  Website is not updated  Customers are not satisfied irresponsibility of the RM OPPORTUNITY :  Religare is coming up with their own Banking  Religare is changing working culture drastically which might lead more satisfied customers and employees.

Threats :  Cut throat competitions  Awareness of the company is still not there in public.

STP Segmentation : Branch : south city Reason for choosing south city as the branch  Potential New entrance  Existing investor  Brand switcher opportunity Targeting  High middle class income people  Posh resident near by which will bring huge potential customer Positioning  Positioning the branch and the brand as the best alternative available there  Offering the mix of all the financial services excluding personal, home and education loan

Our branch designations are:AVP (EASTER REGION) :- AVISHEK BASU AVP EQUITY :- JOYDEEP GHOSH SR. BRANCH MANAGER :- SUBARNA SAHA MANAGER EQUITY :- AVISHEK SAHA MANAGER EQUITY :- ALOK CHIRANYA MANAGER EQUITY :- SUJOY SAHA RELATIONSHIP MANAGER :- SUMANTO GHOSH RELATIONSHIP MANAGER :- NILADRI SEKHAR SENGUPTA

TECHNOLOGY :y y y y Odin , LD, FAST TRADE , AXIS

Odin & FAST TRADE for trading purpose LD & AXIS FOR BACK OFFICE PURPOSE

CONSUMER BEHAVIOR y The consumer want to invest with a long term strategy rather than short term in equity market y As silver is rising everyone wants to work in silver y Consumer dont want to keep huge money as margin y Many consumer are still waiting for another correction to happen in the market at that time only they will invest.