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Money Matters Financial Services Ltd is a BSE Listed non deposit taking NBFC primarily focused in the business of financial advisory services (debt syndication) and trading in debt securities. The company is engaged in businesses such as credit syndication, securities brokerage, lending and proprietary bond trading besides equity market advisory services. They are also the holding company for Merchant Banking & Broking Businesses housed in their subsidiaries. The company conducts their operations along with their subsidiary companies. They have four subsidiaries namely, Money Matters Securities Pvt Ltd, Money Matters Investment Advisors Pvt Ltd, Money Matters Distribution Company Pvt Ltd and Money Matters Capital Pvt Ltd. Money Matters Financial Services Ltd was originally incorporated on November 1994 with the name Daiwa Securities Ltd. In May 19, 1999, the name of the company was changed from Daiwa Securities Ltd to Dover Securities Ltd. In April 2007, Rajesh Sharma and Money Matters (India) Pvt Ltd (Promoter Group Company) acquired majority stake in the company through a share purchase agreement. Thus, the new management took over the control of the company. During the year 2007-08, the company acquired 100% equity share capital of Money Matters Securities Pvt Ltd, a promoter group company which is engaged in stock broking business. Thus, Money Matters Securities Pvt Ltd became a wholly owned subsidiary of the company with effect from March 28, 2008. During the year 2008-09, the company established Debt Trading Desk with a line of credit from Bank of India. Also, they Established client relationships with premier business houses in the country. In October 6, 2008, the name of the company was changed from Dover Securities Ltd to Money Matters Financial Services Ltd. In April 15, 2008, the company promoted a new company Money Matters Investment Advisors Pvt Ltd as their wholly owned subsidiary. In November 18, 2008, they incorporated Money Matters Distribution Company Pvt Ltd for carrying on the business of distribution of Insurance and Mutual Fund products. In August 11, 2009, the company incorporated Money Matters Capital Pvt Ltd for carrying on the business of financing, money lending, bill discounting, factoring corporate lending and other types of lending activities with or without securities. In December 2009, the company entered into shareholders agreement and formed an equal equity joint venture with Milestone Capital Advisors Pvt Ltd under the name Capstone Capital Services Pvt Ltd for rendering investment advisory services to an investment fund.