Promoted by M M Gandhi and G M Gandhi, Pioneer Investcorp, based in Bombay, has carved out a niche for itself in the realm of financial services, offering a comprehensive range of financial products and services, encompassing both fee-based and fund-based activities. Serving a diverse corporate clientele, Pioneer provides investment banking services covering primary and secondary market operations, bolstered by an adept in-house equity research division. Its merchant banking arm offers corporate advisory services on capital structuring for both equity and debt, along with comprehensive issue management services, including pre-issue management, private placement of securities, and underwriting, as authorized by SEBI.
With membership in the National Stock Exchange's capital market segment already secured, Pioneer aims to bolster its offerings by acquiring sponsor membership of the OTCEI, anticipating a significant boost to its future revenue streams. Additionally, the company has cemented its position as a major player in lease syndication, consistently facilitating transactions exceeding Rs 100 crore annually and syndicating funds totaling more than Rs 2000 crore for its clients.
In April 1995, Pioneer went public to fortify its capital base and enhance its long-term resources, marking a strategic move in its growth trajectory. Looking ahead, Pioneer plans to extend its reach to tap into non-resident clientele, serving as a conduit for a wide array of services in both primary and secondary segments of the capital market, supported by its robust in-house research division.
Furthermore, the company boasts two subsidiaries, namely Pioneer Credit Limited and Pioneer Intermediaries Limited. During the fiscal year 1995-96, Pioneer received an A- (A-minus) rating from CARE (Credit Analysis and Research Limited), categorizing it as an upper medium-grade investment, exceeding the Reserve Bank of India's prescribed minimum by two grades.
In a bid to diversify its offerings, Pioneer has ventured into stock broking activities by promoting Pioneer Intermediaries Limited, which will conduct broking operations as a member of both the National Stock Exchange and the Mumbai Stock Exchange during the fiscal year 1995-96.
With membership in the National Stock Exchange's capital market segment already secured, Pioneer aims to bolster its offerings by acquiring sponsor membership of the OTCEI, anticipating a significant boost to its future revenue streams. Additionally, the company has cemented its position as a major player in lease syndication, consistently facilitating transactions exceeding Rs 100 crore annually and syndicating funds totaling more than Rs 2000 crore for its clients.
In April 1995, Pioneer went public to fortify its capital base and enhance its long-term resources, marking a strategic move in its growth trajectory. Looking ahead, Pioneer plans to extend its reach to tap into non-resident clientele, serving as a conduit for a wide array of services in both primary and secondary segments of the capital market, supported by its robust in-house research division.
Furthermore, the company boasts two subsidiaries, namely Pioneer Credit Limited and Pioneer Intermediaries Limited. During the fiscal year 1995-96, Pioneer received an A- (A-minus) rating from CARE (Credit Analysis and Research Limited), categorizing it as an upper medium-grade investment, exceeding the Reserve Bank of India's prescribed minimum by two grades.
In a bid to diversify its offerings, Pioneer has ventured into stock broking activities by promoting Pioneer Intermediaries Limited, which will conduct broking operations as a member of both the National Stock Exchange and the Mumbai Stock Exchange during the fiscal year 1995-96.
