Status of initial/ permanent registration applications of Merchant Bankers as on September 02, 2011
Sl. No.	Name of the Applicant	Date of receipt of application	Status as on September 02, 2011
	A - INITIAL REGISTRATION
1	Development Credit Bank Ltd.	22-Nov-10	Clarification sought. Information awaited from the applicant.
2	The Saraswat Co-operative Bank Ltd	18-Feb-11	Clarification sought. Information awaited from the applicant.
3	KKR Capital Markets India Pvt. Ltd.	1-Apr-11	Pre-registration visit conducted on August 30, 2011. Under process.
4	Khambatta Securities Ltd	29-Apr-11	Reply received on September 02, 2011. Under process.
5	Pioneer Money Management Ltd	29-Apr-11	Clarification sought. Information awaited from the applicant.
6	Choice Capital Advisors Private Limited	18-May-11	Clarification sought. Information awaited from the applicant.
7	Ajcon Global Services Ltd	23-Jun-11	Clarification sought. Information awaited from the applicant.
8	Investec Capital Services India Private Limited	27-Jun-11	Reply received on August 26, 2011. Under process.
9	Scsi Venture Advisors (Pvt) Ltd.	5-Jul-11	Pre-registration visit pending with NRO at request of the applicant.
10	Quant Investment Services Private Limited	22-Jul-11	Clarification sought. Information awaited from the applicant.
	B -PERMANENT REGISTRATION
1	VCK Capital Market Services Ltd	31-Dec-10	Reply received on August 23, 2011. Under process.
2	Prime Securities Ltd.	14-Jan-11	Reply received on August 24, 2011. Under process.
3	Rabo India Securities Ltd	17-Feb-11	Reply received on August 18, 2011. Under process.
4	Meghraj Capital Advisors Pvt Ltd	22-Feb-11	Reply received on August 17, 2011. Under process.
5	Inter Corporate Financiers & Consultants Ltd	24-Feb-11	Clarification sought. Information awaited from the applicant.
6	Khandwala Securities Ltd	16-Mar-11	Reply received on September 02, 2011. Under process.
7	Indbank Merchant Banking Services Ltd	21-Mar-11	Clarification sought. Information awaited from the applicant.
8	Batliwala and Karani Securities Ltd.	24-Mar-11	Reply received on August 25, 2011. Under process.
9	CIL Securities Ltd	25-Mar-11	Reply received on August 22, 2011. Under process.
10	Indian Overseas Bank	31-Mar-11	Clarification sought. Information awaited from the applicant.
11	Lazard India Pvt. Ltd.	5-Apr-11	Reply received on August 29, 2011. Under process.
12	Canara Bank	11-Apr-11	Reply received on August 30, 2011. Under process.
13	Union Bank of India	18-Apr-11	Reply received on August 22, 2011. Under process.
14	Tamil Nadu Mercantile Bank	25-Apr-11	Reply received on August 22, 2011. Under process.
15	SBI Capital Markets Ltd.	29-Apr-11	Reply received on August 24, 2011. Under process.
16	Macquarie Capital Advisers (India) Pvt. Ltd.	2-May-11	Reply received on August 22, 2011. Under process.
17	Barclays Bank PLC	4-May-11	Reply received on August 24, 2011. Under process.
18	Allbank Finance Ltd	6-May-11	Reply received on August 22, 2011. Under process.
19	KJMC Global Market (I) Ltd	11-May-11	Reply received on August 25, 2011. Under process.
20	Ashika Capital Ltd	12-May-11	Reply received on September 02, 2011. Under process.
21	Collins Stewart Inga Pvt. Ltd.	30-May-11	Reply received on August 23, 2011. Under process.
22	State Bank of Hyderabad	7-Jun-11	Clarification sought. Information awaited from the applicant
23	Bajaj Capital Ltd.	16-Jun-11	Reply received on August 26, 2011. Under process.
24	BoB Capital Markets Ltd	20-Jun-11	Reply received on August 17, 2011. Under process.
25	Vijaya Bank	23-Jun-11	Reply received on August 25, 2011. Under process.
26	Enam Securities Private Ltd	24-Jun-11	Clarification sought. Information awaited from the applicant.
27	United Bank of India	24-Jun-11	Reply received on September 02, 2011. Under process.
28	Karur Vysya Bank Ltd	28-Jun-11	Clarification sought. Information awaited from the applicant.
29	Central Bank of India	30-Jun-11	Clarification sought. Information awaited from the applicant.
30	LKP Securities Ltd.	12-Jul-11	Reply received on August 24, 2011. Under process.
31	The Catholic Syrian Bank Ltd	12-Jul-11	Clarification sought. Information awaited from the applicant.
32	Integrated Enterprises (India) Ltd	26-Jul-11	Reply received on August 29, 2011. Under process.
33	J.P. Morgan India Private Limited	29-Jul-11	Clarification sought. Information awaited from the applicant.
Note: 1) The applicants whose renewal application has been received by SEBI in compliance with SEBI Circular No. SEBI/MIRSD/DR-2/SRP/Cir-2/2005 dated January 4, 2005 (i.e., 3 months before the expiry of registration) can continue to carry on activities as registered intermediary after expiry till SEBI advises otherwise.
2) The applicants may please note that SEBI follows the transparent procedure for granting registration or renewal of registration. By and large, reply is sent to the applicant within a period of 30 days. Once the requirements are complied with, as advised in our letter, certificate of registration is issued. The applicants may please note that in case they provide incomplete / vague information or supporting documents, wherever required, are not enclosed, this may lead to further correspondence and delay in processing of their applications. In case the application has remained unattended or there is an inordinate delay, the applicant should not hesitate in writing to Dy. General Manager, Shri K Saravanan (saravanank@sebi.gov.in) or the Executive Director, Shri P K Nagpal (nagpal@sebi.gov.in)