The Company was incorporated as ‘Dharni Online Services Private Limited’ on November 12, 2015 as a Private Limited Company under the Companies Act, 2013 with the Registrar of Companies, Bangalore, Karnataka. Subsequently, the name of the Company was changed to “Dharni Capital Services Private Limited” vide Certificate of Incorporation pursuant to change of name dated March 28, 2022 issued by Registrar of Companies, Bangalore, Karnataka. Pursuant to a special resolution passed by the company’s shareholders in the Extra-Ordinary General Meeting held on April 26, 2022, the Company was converted from a Private Limited Company to Public Limited Company and consequently, the name of the Company was changed to ‘Dharni Capital Services Limited’, and a fresh certificate of incorporation dated May 17, 2022 was issued to the Company by the Registrar of Companies, Bangalore, Karnataka.

Dharni Capital Services offers diversified financial services such as Mutual Fund Distribution Services, Fixed Deposit Distribution Services, Real Estate Brokerage Services, Technical Consultancy and Outsourcing. The modus operandi is to counsel individual clients, understand their profile, needs and concerns, build customized financial investment portfolios, offers a comprehensive selection of investment alternatives that will suit their financial goals. It offers a technology enabled, comprehensive investment and financial services platform with end-to-end solutions critical for financial products distribution and presence across both online and offline channels. The company has become an important interface between asset management companies (AMCs) and Clients.

The company is an empaneled distributor with SBI Mutual Fund, HDFC Mutual Fund, ICICI Prudential Mutual Fund, Aditya Birla Sunlife Mutual Fund, Nippon Mutual Fund, Kotak Mutual Fund, UTI Mutual Fund, Axis Mutual Fund and many more. The company is also registered with Karnataka RERA Authority as an Agent. The company is registered as a Real Estate Broker with large players like Prestige Estate Projects and Embassy Group. The company has recently taken the RERA registration. In this dynamic and extremely competitive business environment, it has developed a strong relationship with various customers. Its team has a combined experience of many years in the Real estate business, with its team members having worked with organizations like Salarpuria Sattva Group, Prestige Estates and Sobha in the past.

Business area of the company

The company is engaged in providing a variety of financial services. They offer their distinct services to the customers in the form of Mutual Fund Distribution Services, Fixed Deposit Distribution Services, Real Estate Brokerage Services and Technical Consultancy and Outsourcing.

Major events and milestones

• 2015: Incorporation of the Company.
  
• 2018: Obtained ARN to provide Mutual Fund Distribution services.
  
• 2018: Registered as a Distributor with various Mutual Funds including SBI Mutual Fund, HDFC Mutual Fund, ICICI Mutual Fund, Kotak Mutual Fund, Aditya Birla Sunlife Mutual Fund, Axis Mutual Fund, UTI Mutual Fund, Nippon India Mutual Fund, etc.
  
• 2018: Mutual Fund AUM of 17.4 crore on December 31, 2018.
  
• 2019: Launched website www.dharniwealth.com for ease of transaction for Mutual Fund Investors.
  
• 2019: Launched Personalised app “Dharni Wealth” and “Dharni Online”on the app store and play store.
  
• 2019: Mutual Fund AUM of 31.8 crore on December 31, 2019.
  
• 2020: Launched Fixed Deposit Distribution.
  
• 2020: Empanelled as a Distributor of Fixed Deposits with Shriram Transport Finance Company Limited, PNB Housing Finance Limited.
  
• 2020: Sold Mutual Funds worth 44 crore in a single month of November 2020.
  
• 2020: Gross Sales of Mutual Funds touched 100 crore plus since inception.
  
• 2020: Mutual Fund AUM of 94.7 crore as on December 31, 2020.
  
• 2021: Obtained RERA Real Estate Agent License in Karnataka.
  
• 2021: Launched Property Advisory /Distribution services.
  
• 2021: Empanelled as a Real Estate Agent with companies like Prestige Estate, Embassy Group, etc in Karnataka.
  
• 2021: Made Fixed Deposits worth over Rs 100 crore in trailing 12 months ended Sep 30, 2021
  
• 2021: Total Assets under Management in Mutual Funds and Fixed Deposits crossed 200 crore during the year.
  
• 2021: Made right Issue of Rs 1.19 crore to existing shareholders to augment the financial resources of the company.
  
• 2021: Launched Distribution of Fraction ownership in Real Estate.
  
• 2022: Issues bonus shares to the existing shareholder of the company to increase the paid-up share capital of the company to Rs 1.50 crore.
  
• 2022: Certificate of incorporation pursuant to change in name from ‘Dharni Online Services Private Limited’ to ‘Dharni Capital Services Private Limited’.
  
• 2022: Certificate of incorporation pursuant to change in name from ‘Dharni Capital Services Private Limited’ to ‘Dharni Capital Service Limited’.