Laurel Group was founded in 1983. The first venture was the chartered accountancy firm Jain Baid & Company which still continues to flourish.

In 1987 we became members of the Calcutta Stock Exchange & thus started our journey in the capital markets. The journey for us & the markets has been revolutionary. To put it in perspective:-

• When we started SEBI was not in existence.. (It was incepted in 1988 and given statutory powers in 1992)

• ..nor was the National Stock Exchange, incepted in 1992 & started operations in 1994. Laurel was part of the first batch of members to be onboarded.

• Trading was done in the 'ring' physically, much like an auction house. Sore throats & worn out shoes was the norm.

• Demat accounts were not in existence, delivery of shares were physical & we have had the privilege to deliver truck loads of shares.

• Settlement cycle was T+14 days & now we are on the verge of T+1

• IPOs came at a fixed controlled price

• UTI was the only mutual fund

We have had the privilege to see the evolution of Indian markets & gain tremendous insights into the mindsets of all participants. Our database & experience expands to the origins of the market itself & thus we approach it very differently from our peers. We are not slaves to quantitative metrics, infact we take pride in predicting changes in quantitative metrics much before they happen.