November 01, 2014

Press Release No. 1

NSE and SBICAP securities launched Investoclave programme in Ahmedabad

India’s leading stock exchange, the National Stock exchange has partnered with SBICAP securities to launch ''Investoclave'', a unique platform for creating awareness among investors about equities and other investment avenues. The first Investoclave or investor awareness programme was held at Ahmedabad on 1st November. Investoclave will be organised in multiple cities, after Ahmedabad.

At the seminar, NSE educated participants about the do’s and don’ts of investing , as well as products like exchange traded funds, currency trading and the opportunities the new offer for sale mechanism provides to retail investors to benefit from the government’s divestment programme. Mr Alpesh Porwal, senior VP, SBICAP spoke about the global macroeconomic environment, and the way forward for the Indian markets. Mr Rajesh Gupta, senior manager and research analyst from SBICAPS securities made a presentation on investing in equity as an asset class, its pitfalls and on formulating successful investment strategies while investing in the market. NSE’s presentation was done by Ms Bhawika Wanchoo, regional head of the NSE Ahmedabad office on investment pattern of successful investors.

Chief Business development at NSE, Mr Ravi Varanasi said ‘’The NSE SBICAP securities is a very significant partnership because both can leverage their strengths and tap their large clientele to educate them in a number of cities, across the country.’’

While addressing participants, NSE officials discussed the new offer for sale mechanism which is being extensively used by private companies and the government to divest stake in public sector companies, because it is cost effective and quicker than a follow on public offer. Under the new guidelines issued by SEBI, in August this year, ten per cent of the offer size has to be issued to retail investors and this is a good opportunity for retail investors to benefit from the offer for sale in the company or PSU.

NSE officials also educated investors about the importance of investing for the long term and the advantages of the equity asset class. Investors were informed about good investment opportunities like exchange traded funds, which are cost effective and carry diversified risk, SLBS or stock lending and borrowing scheme, and the currency segment , in which position limits have recently been liberalised.

NSE and SBICAPS securities will be conducting the Investoclave next in the cities of Pune, Indore and Delhi.

NSE conducts many initiatives to educate investors in tier two and tier three towns on safe investing and opportunities to grow their money by investing in the markets. The exchange also conducts many financial courses in schools, colleges and Universities to make the youth financially literate and better prepared for jobs in the financial sector.

All the education initiatives have recently been clubbed under an umbrella called LIFE or Learning Initiatives for Financial Empowerment. NSE LIFE offers an entire spectrum of financial courses, which are being taught to school students starting with class 8 to MBA professionals. Through these initiatives, nearly 42 lakh individuals have been trained on financial issues and financial markets.