| About Forex Capital? |
|
In the current liberalised scenario, Indian forex market has witnessed a
sea change. Unprecedented volatility, both in domestic as well as international
currency market, makes it imperative for companies to treat Forex Management as
an active process rather than a passive one. A good foreign exchange policy is
critical to the sound risk management of any corporate treasury. Without a
policy, decisions are made ad-hoc and generally without any consistency and
accountability. Introduction of various sophisticated financial engineering
products has opened a plethora of opportunities for Companies. Not only do these
products provide different options for safeguarding against unforeseen risks and
cost saving, they can also help convert treasury into a vital profit-centre.
Keeping the above in perspective, we at Forex Capital Services have been
efficaciously providing Forex Advisory service to some of the biggest corporate
houses in India. Other than the focus on Portfolio Management and Advisory
services to our valued clients, we also strive to create awareness amongst the
small and medium corporates. We keep our clients abreast with the daily changing
scenario in the forex market for a better competitive edge. |
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| Background of Forex
Capital Services and its founder |
 |
Forex Capital Services Pvt Ltd. was
founded in 1985 by Mr. Shyam Poddar who is a prominent figure in the Indian
Forex market. After graduating from Calcutta University, Mr. Poddar started his
career as assistant Broker in 1961 with one of the leading broking houses - G.
Tibarewala & Co. (Forex). His acumen and brilliance was apparent as he rose to
become a partner in the company, having offices in all major metro cities. He
was a key figure as founder broker of New Delhi inter-bank forex market in 1973.
While working as a broker, Mr. Poddar came across simple problems faced by many
corporates that resulted in avoidable losses for the companies. They were not
confined to lack of timely and accurate information but also ignorance of term
'Hedging and Risk |
|
Management'. Unlike International market, the Indian market is an
emerging market, which is still facing lot of grass root problems. His frequent
interactions with the regulators like RBI, FEDAI and participation in various
forums helped him put forward his experience about the Indian Forex market and
seek clarifications and amendments on the same. He is an active member at
various business chambers like FICCI, CII, PHD CCI, ASSOCHAM, etc. He is the
Co-Chairman of the PSU and Banking & Financial Committees of PHD CCI. |
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| Other Management
Members |
|
Prashant Mittal (Director) - Prashant is a Chartered Accountant having a rich
experience of more than 8 years as an Engagement Manager with Ernst &Young and
more than 2 years as Vice President in Deutsche Bank AG. He takes care of the
Financial and Investment advisory in the associate companies and heads the SME
Forex Advisory vertical at Forex Capital. He is instrumental in creating
awareness about the importance of Fx Risk Management amongst small and mid sized
corporates.
Anjana Poddar (Director) – Anjana is a qualified Forex
professional with over 12 years of experience. She is heading the Forex
Information Service and plays a key role in Forex Portfolio Management Advisory
by structuring and monitoring the Forex MIS platform for the clients. She also
heads the Research section of the Company and is responsible for publishing the
News Letters and other research reports of Forex Capital Services. |
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| Our
Approach |
We firmly believe in the adage – “There is
nothing wrong with RISK; you only need to manage it”. We advocate that any
hedging decision must involve proper planning and should be taken on cost-base
and not on market driven sentiments. Hence, our approach helps eliminate the
panic factor as decisions are based on factual
position rather than ad-hoc advises. It helps senior management to be
confident that the risks of the business are being managed consistently and in
accordance with overall corporate strategy. |
| Group
Companies |
| SAP FINCAD
SOLUTIONS PVT LTD |
The company offers Forex and Financial
Engineering products and Structured Derivatives solutions. We also act as a
catalyst, bringing borrowers and financers together to raise funds. This
platform offers Resource Raising and Loan Syndication - Structured Lending,
Foreign Currency loan, Promoter funding, Margin funding, Term Loan, Working
Capital Loan, Project Finance, Trade Finance etc. |
Investra Edge
Wealth Management Services |
G.TIBAREWALA & CO. (FOREX)
One of the oldest Inter-Bank Forex dealing firm established in 1956 having
offices in major metros. |
FOREX:-
CAPITAL SERVICES PTE LTD Our offshore subsidiary in Singapore offering
Forex and Financial services. |
To view the scope of our services in detail, please click here or go to Services page |