35

Background
Karvy Consultants Limited was established in 1982 at Hydrabad. It was established by agroup of
Hydrabad-based practicing Chartered Accountants. At initial stage it was verysmall in size. It
was started with a capital of Rs. 1,50,000.I n s t a r t i n g i t w a s o n l y o f f e r i n g a u d i t i n g
a n d t a x a t i o n s e r v i c e s . L a t e r, i t a c t s i n t o t h e Registrar and Share transfer activities
and subsequently into financial services and
other s e r v i c e s l i k e F i n a n c i a l P r o d u c t D i s t r i b u t i o n , I n v e s t m e n t A d v i s o r y S e r
v i c e s , D e m a t Services, Corporate Finance, Insurance
etc.A l l a l o n g , K a r v y s s t r o n g w o r k e t h i c s a n d p r o f e s s i o n a l b a c k g r o u n d l e v e
r a g e d w i t h I n f o r m a t i o n Tec h n o l o g y e n a b l e d i t t o d e l i v e r q u a l i t y t o t h e
individual. A decade
o f commitment, professional integrity and vision helped Karvy
achieving a leadership position in its field when it handled largest number of corporate and

retail that proved to be a sound business synergy.Today, Karvy has access to millions of
Indian shareholders, besides companies, banks, financial institutions and regulatory
agencies. Over the past one and half decades, Karvyhas evolved as a veritable link between
industry, finance and people.In January 1998, Karvy became first Depository Participant in
Andhra Pradesh. An ISO9002 Company, Karvys commitment to quality and retail reach has
made it an IntegratedFinancial Services Company.Today, company has 230 branch offices
in 164 cities all over the India. The company adds 5 new offices every month to the
companys ever growing national network
in everyn o o k a n d c o r n e r o f t h e c o u n t r y . T h e c o m p a n y s e r v i c e o v e r 1 6
m i l l i o n i n d i v i d u a l investors, 180 corporate and handle corporate disbursements that
exceed Rs.2500 Crores.
36

WHERE KARVY STAND IN THE MARKET?

K A RVY i s a l e g e n d a r y n a m e i n f i n a n c i a l s e r v i c e s , K a r v y s c r e d i t i s
d e f i n e d b y i t s mission to succeed, passion for professionalism, excellent work
ethics and customer centric values.Today KARVY is well known as a premier financial
services enterprise, offering a broadspectrum of customized services to its clients, both
corporate and retail. Services thatKARVY constantly upgrade and improve are
because of companys skill in leveraging technology. Being one of the most techno-savvy
organizations around helps company todeliver even more cost effective financial solutions in the
shortest possible time.W h a t b e a r s a m p l e t e s t i m o n y t o K a r v y s s u c c e s s i s t h e
faith reposed in company
b yv a l u e d i n v e s t o r s a n d c u s t o m e r s , a l l a c r o s s t h e c o u n t r y. I n d e e d , w i t h K a r
v y s w i d e network touching every corner of the country, even the most remote investor can
easilyaccess Karvys services and benefit from companys expert advice.