Emkay Global Financial Services Limited

Hi @BreakingBad01 ,

They have got the approval of raising funds through means including QIP in the recent AGM (upto 150 crores which is ~30% of current market cap). You can refer to AGM resolution report.

I generally don’t pay any heed to who other shareholders are, as it might create a confirmation bias in your mind. But yes, both Dolly Khanna and Porunju (who has more than 1% of shares on his own name and ~5+% for his PMS firm) are present with promoters at close to ~75% - if that’s what you mean by interesting.

They are mainly institutional brokerage firm as of now - I am sure they are thinking of branching out otherwise I don’t think they have any usage of equity money in the tune of ~150 cr given that equity brokerage is a very asset light business. They also did a tieup with DBS of Spore recently for research.