Pioneer Investcorp Ltd.
Pioneer Investcorp Ltd. (PINC) (BSE: 507864/PIOINV) is an integrated mid-market focused financial services company. The company was incorporated in 1985 and is based in Mumbai, India. It has been serving the needs of corporates, institutional and government clients and family offices for the last three decades with professional advice, integrity and speed. The company offers a wide range of customized services, including investment banking, private equity advisory, debt syndication, M&A advisory and institutional securities trading.
History
The company was formed in 1984 and was initially engaged in lease syndication. In 1990, it entered new business lines like investment banking and institutional trading. The company was listed in 1995 to strengthen and consolidate its capital base and augment long-term resources. Over time, it entered into new business segments like private equity advisory, portfolio management services, wholesale debt management etc. It has established itself as a niche player in financial services with a presence in a range of financial products in both fee and fund-based activities.
Investment Banking
PINC’s investment banking services in India includes global capital market services such as equity, debt, and derivatives, sourcing and placement of securities, and equity research. The company also provides wealth management, institutional broking, share broking, asset management, and mutual fund and insurance advisory services as well as portfolio management services. PINC is one of the early players in the debt syndication market in India with strong relationships with financial institutions, banks and NBFCs, mutual funds and insurance companies in India and globally. PINC has strong relationships with major PE players and venture funds and understands investment themes and priorities of various financial sponsors.
Institutional Securities Trading
PINC is a leading arranger and underwriter in the fixed income market offering innovative products and services. The company offer trades in Treasury Bills, Government securities, State Development Loans, Non-SLR Bonds, Corporate Bonds and money market instruments like Certificates of Deposit, Commercial Paper, Inter- Corporate Deposits, and Call and Notice Money Deposits. With branches in Delhi, Kolkata, Mumbai and Bangalore, PINC caters to primary dealers, asset managers, insurance companies, corporate treasuries, banks, provident funds and other large institutional clients across regions.