Pnb Investment Services Ltd

ABOUT US
PNB Investment Services Limited (PNBISL) is a 100% subsidiary of Punjab National Bank- PNBISL focused on services of Merchant Banking. PNBISL derives strength from Punjab National Bank which is largest Nationalized Bank in the country with Pan-India network of more than 5000 branches, more than 7 crore customers and total business exceeding Rs. 6,00,000 crores.
PNBISL is registered with SEBI as a Category- I Merchant Banker to handle all major Merchant Banking Services to Corporates, Institutional and Individual clients.
Company was incorporated on the 2nd of January 2009. The company has a paid up capital of Rs. 20 crores as on 31/03/2011 and a Net worth of Rs. 24.68 crores.
It has been paying dividend from the very first year of operations. In the year 2010—11, that is, its second year of operation company has paid a dividend of 10%. In the financial year 2010-11, company reported a PAT of Rs.6 .71 crores with a total revenue of Rs. 12.15 crores.
The range of services include:-
- Merchant Banking & Issue Management
- Project Appraisal
- Corporate Advisory
- Services to Small Enterprise
- Loan Syndication
- Restructuring
- Placement of Debts/Equity
- Merger & Acquisition
- Debenture Trustee
- Security Trustee
The above services are offered with a focus on SME sector which PNB feels, requires special attention.
PNBISL has well qualified and experienced staff (drawn from PNB and from erstwhile PNB Caps) to provide Project Appraisal, Loan Syndication, Debt Placement Services and to execute IPOs/FPO/QIPs. PNBISL enjoys excellent relationships with Institutional Investors and other Intermediaries of Capital Market. In addition, our reach amongst retail and HNI investors is very effective.
The Company has well-defined systems and procedures. The Internal Control & Management systems are in place and are in accordance with the guidelines issued by the Regulatory Authorities.