Fortune Integrated Assets Finance Limited
The company is an associate of The Investment Trust of India Limited (ITI) wherein ITI holds 25% of the total issued capital of the company. It is an NBFC registered with the Reserve Bank of India and the Company is engaged in the business of vehicle finance.
ITI GOLD LOANS LIMITED (FORMERLY KNOWN AS UNITED PETRO FINANCE LIMITED)
The company is an associate of The Investment Trust of India Limited wherein ITI holds 40.60% of the total issued capital of the company. It is an NBFC registered with the Reserve Bank of India and the company offers collateral-free short-term business loans with customized loan repayments to its MS ME customers. These loans are tailor-made to suit each customer segment and are aligned to the underlying cash flows of these businesses. The company sees beyond the 'perceived risk' tag that traditional financing channels have assigned these deserving businesses, by way of its highly researched and unique proprietary underwriting methodology.
Fortune Credit Capital Limited
ITI Vikas Loan, a product under Fortune Credit Capital Limited, is a new age small-financing initiative focused on entrepreneurial led development of micro-enterprises. Our objective is to empower entrepreneurs by bringing them into the formal banking system, enhancing their risk appetite and provid ing a springboard for scaling up their micro-ventures with our capital and financial support. We provide hassle-free loans ranging from Rs. 15,000 to Rs. 50,500. At the core of our philosophy, lies efficiency driven by continuous process improvements, innovation driven by technology and transparency driven by 360 degree engagement. We are one of the few NBFCs in the country with 100% cashless disbursements of loans.
Fortune Credit Capital Limited (FCCL) – a Non-Banking Financial Company (NBFC) is a 100% subsidiary of The Investment Trust Of India Limited – a financial services conglomerate listed on the Bombay Stock Exchange.
The Investment Trust of India Limited, through its group companies, is in the business of vehicle finance, SME finance, education finance, investment banking, institutional broking, retail broking and mutual fund. ITI Group is present in 200+ locations across India. Mr. Sudhir Valia, Executive Director, Sun Pharmaceuticals (India) Limited along with his associates is one of the largest shareholder of ITI Limited.
ITI Gilts Limited
The company is a 100% subsidiary of The Investment Trust of India. It is engaged in the business of whole Sale debt market. The Company has obtained registration from BSE Limited to act as trading member. ITI Gilts Ltd. is a complete solution provider for fixed income, aimed at quenching all y our financial and investment related needs under one-roof. The company provides collective intellectual experience of our leadership team to provide integrated solutions to our diversified client base. Through extensive business verticals and presence across the value chain, ITI GILTS offers complete solutions for the fixed income needs of the client. The company utilizes sophisticated advisory tools to operate a varied class of clients such as Mutual Funds, Insurance Companies, Banks, FIIs, Corporate Treasuries, HNIs, Retail Investors and Retirement Trusts.
ITI Securities Broking Limited
The company is a 100% subsidiary of Fortune Financial Services (India) Limited. It is a trading member of the BSE Limited and the National Stock Exchange of India Limited (NSE) for various segments. It is also a depository participant for the CDSL, is actively involved in securities broking business and also offers various financial products to the customers.
Antique Stock Broking Limited
The company is a 100% subsidiary of The Investment Trust of India Limited. It is a trading member of the BSE Limited and the National Stock Exchange of India Limited (NSE) for various segments and is also a Depository participant for the CDSL. It offers services mainly to the institutional clients.
ITI Asset Management Limited
ITI Asset Management Limited (AML) is a subsidiary of The Investment Trust of India (ITI) in which ITI holds 60% stake and remaining 40% has been held by Fortune Credit Capital Limited. The company’s principal activity is to act as an Investment Manager for the proposed Mutual Fund business. The Inv estment Management Agreement has been executed between ITI Mutual Fund Trustee Private Limited and ITIAML on April 7, 2017.
ITI Capital Limited
The company is a 100% subsidiary of The Investment Trust of India Limited. It is registered with SEBI as Category I Merchant banker. It acts as merchant banker for various issues like IPO, FPO, rights, buy back, open offer etc.
Distress Asset Specialist Limited
Distress Assets was founded in Oct 2013 by Aalok Dave along with a profound team of professionals from the ARC and banking background. The company offers specialized services in the area of NPA Management for Banks and Financial Institutions.
Experienced in handling large/medium/SME portfolios for Resolution, the team consists of mix of MBAs, CAs, Lawyers & Retired Bankers, with experience in working with Arcil, IARC, UV ARC & Leading Public Sector Banks.