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Indiabulls Financial Services

In middle of 1999, when e-commerce was just about starting in India, Sameer Gehlaut bought a defunct securities company with a NSE membership and started offering brokerage services. By December 1999, the company embarked on its journey to build one of the first online platforms in India for offering internet brokerage services. In January 2000, Indiabulls Financial Services was incorporated as the flagship company.

In September 2004, Indiabulls Financial Services went public with an IPO at Rs.19 a share. In late 2004, Indiabulls Financial Services started it’s financing business with consumer loans.

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