Comfort Commotrade
COMFORTCOM · Financials > Finance - Stock Broking Listing date: Sept. 24, 2012

The Comfort Group was founded by Mr. Anil Agrawal (CA, ICWA) in 1994. Since inception the group has clear focus on customer first attitude, ethical & transparent business practices, cost effective financial solutions, research based value investing and implementation of cutting edge technology that has enabled it to forge ahead as a one stop financial solution provider. The group is a well diversified financial services organization offering a range of financial products and services through its group companies.

Comfort Commotrade was originally incorporated in Mumbai as 'Comfort Commotrade Private Limited' on November 5, 2007 under the Companies Act, 1956 vide certificate of incorporation issued by the Registrar of Companies, Maharashtra, Mumbai. It was subsequently converted into a public limited company and consequently name was changed to 'Comfort Commotrade Limited' vide fresh certificate of incorporation May 21, 2012 issued by the Registrar of Companies, Maharashtra, Mumbai.

The Equity Shares of the Company were initially listed on SME Platform of BSE Limited, however due to migration, the Equity Shares are now presently listed on BSE Main Board vide BSE notice dated April 26, 2016.

It is currently engaged in the business of commodity broking. It is the member of MCX and NCDEX. It offers trading in many commodities such as bullion (gold, silver), energy (crude oil, natural gas), metals, food grains (rice, maize), spices, oil and oil seeds and others. The company can carry on the business of buying, selling and trading in all kind of commodities. Comfort Securities. (CSL), one of the Group Companies of CCL was originally conceived as 'M/s Comfort Securities' in the year 2000 as a registered sub broker of JSES and ISS and also a member of JSE and ISE.

It started the operations in 2007 and acquired membership of BSE, NSE, MCX-SX and also registered itself to provide Merchant Banking & Depository Services of CDSL. CCL and its group companies have made available all the essential platforms like BSE, NSE, MCX, MCX-SX, NCDEX, Merchant Banking (Category 1) and Non Banking Finance Activities covering primary market, investment solution, debt services, capital markets, equity, derivatives, currency derivatives, depository services (CDSL), project financing, wholesale financing and other segments to the clients community. The group is also engaged in the business of providing loans through its group company Comfort Fincap Limited, a Non-Banking Financial Company, listed on BSE & CSE and registered with the RBI. The business of investment/trading in shares & securities and business of retail financing is taken care by, Comfort Fincap Ltd. (CFL). Comfort Group is headquartered in Mumbai and is on the path of rapid expansion across major cities in India. The Company has a diversified client base that includes HNIs, retail customers, mutual fund houses, financial institutions, corporate clients and others.

Business area of the company

Comfort Commotrade (CCL) is engaged in the business of commodity broking. The Company is involved in the business of trading in various commodities, such as bullion (gold, silver), energy (crude oil, natural gas), metals, food grains (rice, maize), spices, oil and oil seeds and others. The Company is also engaged in the business of buying, selling and trading in various kinds of commodities. CCL and group companies provide platforms for trading, such as National Stock Exchange (NSE), Bombay Stock Exchange (BSE), Multi Commodity Exchange (MCX), merchant banking and non banking finance activities covering primary market, investment solution, debt services, capital markets, equity, derivatives, currency derivatives, project financing, wholesale financing and other segments to the clients community. It serves retail customers, mutual fund houses, financial institutions, corporate clients and others.

Subsidiaries of company 

The Company has two Wholly Owned Subsidiaries Companies viz. Shyam Trade Link Pte. Ltd in Singapore incorporated as on December 31, 2013 and Anjali Tradelink FZE in U.A.E. incorporated as on January 28, 2014.