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Overview

Action Financial Services (India) Limited (AFSIL) is a Public Limited Company registered in the State of Maharashtra, Mumbai on 1st October, 1992.
ACTION is a non-fund based Company solely engaged in Capital Market related services.

Member : BSE (Cash, F&O), NSE (Cash, F&O, Currency), MCX (Currency & Commodities), USE (Currency), BGSE, NSDL
  • AFSIL has a stable and established client base
  • AFSIL was the 1st Broker to be registered with SEBI as Portfolio Manager in 1992
  • AFSIL is the 1st Broking Company to get listed in 1995 (BSE)
  • AFSIL is the 1st Broker to become Depository Participant with NSDL in 1997
  • AFSIL is the pioneers in introducing “Tele Depository Services” in 1999 (IVR) for Depository related information
Our Journey
Recognition initiative initiative
Recognition : Our CMD, Mr. Milan Parekh receiving the award for ‘Providing exemplary services to NRI in 1997 in an event in Gulf. Initiatives : Mr. Milan Parekh attending a global conference of Merchant Bankers in London in 1995 Initiatives : Mr. Milan Parekh in one of the earliest action organized plant visit for Research & Analysis in 1998
initiative Innovations-in-market Innovations-in-market
Initiatives : Mr. Milan Parekh in one of the earliest action organized plant visit for Researh & Analysis with Mr K C Kondiah Jt MD of Bellary Steel Limited. Innovations in market : Action’s launch of ‘Tele Depository Services’ in 2000 for enabling Demat holders to check their holding status on phone, a first in India. This was launched by Dr R H Patil MD of NSE in the presence of other dignitaries such as MR C B Bhave, then MD of NSDL. Innovations in market : Action’s launch of ‘Atom’ a Portfolio Management Services in year 1995. Action was amongst the first Portfolio Management company registered with SEBI. This was launched by Mr M R Mayya, then Executive Director of BSE.
Investor-relationship Investor-relationship Social-Initiatives
Investor relationship : One of the earliest & among the many Action’s Annual Investor’s meet at Hotel Taj in Mumbai 1996 Investor relationship : Industry Stalwarts present in Action’s Annual Investor’s meet at Hotel Taj in Mumbai 1996 Social Initiatives : Our Joint MD, Mr. Bakul Parekh planting a tree as Action’s social initiative 1997.
Employee-relationships    
Employee relationships : One of the earliest & one among the many team Action outing in 2000.