DJS Stock & Shares Ltd Company Summary

DJS Stock & Shares Ltd Summary

DJS Stock & Shares Limited was incorporated as a Public Limited Company on April 27, 1994. The Certificate of Commencement of Business was obtained in July, 1994. The Company is engaged in broking services of shares and stocks. During 1998-99, the company has opened BOLT counters at Madurai and Madras. It has also obtained registration as Depository Participant with Central Depository Service Ltd.In 1999-2000, the Company opened BOLT Terminals at Namakkal. the Company has opened authorised collection centre for DP at Erode, Madurai, Namakkal, Pollachi, Coonor. During the second half of the previous financial year 2010-11, there was a change in the Management of the Company. The new management decided to revive the business of the Company and to expedite the process of establishing the Company in the market. During the phase of recovery, the challenge before the Company was to strike the right balance between achieving growth and maintaining enough liquidity.The Company focus on Brokerage Services including equity and debt broking for institutional, HNI and retail Clients and for that to set up a robust equity research platform to provide professional insights and perspective on investing ideas and strategies. The Company is planning to come out with a preferential issue within the next twelve months. However to immediately finance for the working capital and other capital cost Company is looking to raise fund on a short-term basis from banking or other private financial institution.