Services
We Offer
Equity Trading
The equity sales & trading desk at PSSBPL caters to the needs of Institutional Clients like Banks, Mutual Funds, Corporate, and also High Net-worth Retail Investors.
High service standards and execution capabilities, coupled with our investment in technology have enabled us to build our equities business. Professional approach, sound business practices, rich experience, and wide exposure to the capital markets have enabled the firm to build an illustrious and exhaustive clientele with long-term relationships.
The equities desk is ably supported by a dedicated and disciplined research desk, consisting of highly skilled finance professionals.
Mutual Funds
PSSBPL has a dedicated Mutual Fund research desk that analysis Mutual Fund portfolios of the firm’s customers. Asset allocation strategies and advisory services are primarily done keeping in view the economic environment and prevailing market conditions, detailed analysis of the fund’s portfolio and performance.
PSSBPL maintains an exhaustive database on mutual fund schemes and their performance and provides regular and timely updates on new product launches. Our active interaction with fund managers helps us understand the investment philosophy and strategy of the fund.
- Technical Analysis
- Research Report
- NRI Investment & Guidelines
- Internet Trading & Guidelines
NRI-PIS Account
We have tie-up with private banks to facilitate NRI investment
For NRI Client following is the procedure for opening an account.
NRI – PIS Account – Procedure
Non-Resident Indians (NRIs) and Persons of Indian Origin (PIOs) are allowed to invest in secondary capital markets in India through the portfolio investment scheme (PIS). Under this scheme, NRIs can acquire shares/debentures of Indian companies through the stock exchanges in India. NRIs should approach AD Category –I bank to administer the Portfolio Investment Scheme for routing investments through a designated PIS Account.
NRI’s required to open the following accounts under Rapatriable (NRE) or Non-Repatriable (NRO) categories:-
1. SB Account for routing Primary Market Transactions (NRE/NRO)
2. PIS Account for routing Secondary Market Transactions (NRE/NRO)
3. Demat Account (NRE/NRO)
4. Trading Account (NRE/NRO)
NRI Customers to submit PIS Account Opening Form to a designated branch of Authorised Dealers with/without repatriation benefits. Bank on satisfying KYC and other documents will open PIS Account and Issue PIS Permission on behalf of the RBI. NRI’s are allowed to deal with one designated branch/bank under Portfolio Investment Scheme(PIS)
The equity shares and convertible debentures of the companies within the prescribed ceilings are available for purchase under PIS subject to:
– the total purchase of all NRIs/PIOs both, on repatriation and non-repatriation basis, being within an overall ceiling limit of (a) 24 percent of the company’s total paid-up equity capital and (b) 24 percent of the total paid-up value of each series of convertible debenture; and
– the investment made on a repatriation basis by any single NRI/PIO in the equity shares and convertible debentures not exceeding five percent of the paid-up equity capital of the company or five percent of the total paid-up value of each series of convertible debentures issued by the company.
