Our company is a subsidiary company of Aryaman Financial Services Limited, which is the flagship company of the Aryaman Group. Aryaman Group is a Financial Services player having interests in Merchant Banking, Investment Banking, Corporate Advisory, Stock Broking, Market Making and Equity Investments. The diagram below further illustrates the group’s business model and structure:

AFSL; our corporate promoter is actively involved in the business of Merchant Banking and has completed 2 Main Board IPOs, 31 SME IPOs, 18 Open Offers, 1 Delisting Offer, and many other valuation and corporate advisory activities since the change in management in 2007 – 08. AFSL has been a pioneer in the field of SME IPOs having been the first Merchant Banker to complete an SME IPO and list the same on an SME Exchange in India. AFSL has received the award for being one of the “Top Performing” Merchant Bankers in the SME Segment from BSE for three years since beginning of this segment in 2012. The market making and group proprietary investment and trading activity are being carried out through ACML.

Both AFSL and ACML are listed on BSE and BSE SME respectively and are having an aggregate market capitalisation of around Rs. 5,000 lacs.