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A Journey of World Class Accounting Firm driven by Social Values. OUR FOUNDER – MR. D.N. CHATURVEDI. “It is the duty of every Indian to work for the upliftment of the masses – provide education, employment & quality of Life”. Journey of our founder. Humble beginnings.
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A Journey of World Class Accounting Firm driven by Social Values
OUR FOUNDER – MR. D.N. CHATURVEDI “It is the duty of every Indian to work for the upliftment of the masses – provide education, employment & quality of Life”
Journey of our founder Humble beginnings • Born in the rural town of Mathura in 1934 • Influenced by the freedom fighting movement • Witnessed economic perils post independence • Part time – Student, Priest & Local tour operator
Journey of our founder Humble beginnings Focused on betterment of society • Dissatisfied with the social & economic fabric • Wanted to work towards community upliftment
Journey of our founder Humble beginnings Focused on betterment of society Professional enhancement • After 2 years of working moved from traditional • profession to pursue CA • Studied under constrained environment
Journey of our founder Humble beginnings Focused on betterment of society Professional enhancement The C & S journey begins • Formed C & S in Feb 1967 • Met Dhirubhai Ambani in 1967 • Evolved the model of bringing people from Mathura, • educating them and placing them with his clients
Major Milestones in C&S journey 1970s • India’s First Private Equity placement of Reliance with ICICI • First IPO of India’s 1st generation entrepreneur Reliance
Major Milestones in C&S journey 1970s 1980s • India’s First Private Equity placement of Reliance with ICICI • First IPO of India’s 1st generation entrepreneur Reliance • Revival of Indian Capital Market-Introduction of Convertible Instruments • Faced with Investigations and attack from government agencies for legal compliance and emerged victorious • Growth of Tax and corporate advisory practice
Major Milestones in C&S journey 1970s 1990s 1980s • India’s First Private Equity placement of Reliance with ICICI • First IPO of India’s 1st generation entrepreneur Reliance • Revival of Indian Capital Market-Introduction of Convertible Instruments • Faced with Investigations and attack from government agencies for legal compliance and emerged victorious • Growth of Tax and corporate advisory practice • India’s first GDR / ECB/ FCCB – Global Markets • Established brand in international banks and rating agencies • New generation Global Entrepreneurs - Sterlite, Jet Airways, ICICI, GTL • Promoted NBFC - Did IPO – created finance platform • Set up full fledged retail finance business system in ICICI
Major Milestones in C&S journey 2000s • C&S joins Nexia International • Acquisition and Structuring of FLAG telecom • Arbitration – India’s largest family settlement • Enabled Jet Sahara Deal • India’s largest IPO – Reliance Petroleum & Reliance Power • Government of India appoints C&S to represent them in Vodafone case • Government of Columbia invites C&S as consultants for framing International tax treaties • Creation of Antique Broking – as merchant banking arm
C & S - Overview PAN India Presence Experienced Manpower Achieved revenue growth of 20% year on year
Professionally qualified, experienced & highly Talented young team C & S - Overview Operational Efficiency Close Relationship with customers& key personnel Commands high-level of goodwill in the Indian Financial Fraternity Largest Indian Accounting Firm Customers Services Service Top Corporate Houses of India Accounting & Auditing services Audit / Advise more than 2 dozen Companies with assets > US$ 1Bn Complete range of Financial & Tax Advisory services Services & solutions designed keeping the customer’s needs in mind Majority of Customers are leaders in their Business Segments
C & S – Path forward • Regarded as an alternate to the Big 4 for Global MNCs and Large Indian Corporates. • Develop as a one stop shop for all financial advisory services. • Growth to be driven inorganically and thru innovative practices rather than traditional practice. • Poised for a strong growth – Client related. • Offer C & S platform to NEXIA affiliates to work on cross border transactions and strategically expand service portfolio. • Adherence to social values believed by our Founder. Trust, Integrity, Innovation, Knowledge – the key Mantras
Mr. Rajesh Chaturvedi with Mr. Naresh Goyal, CMD Jet Airways after Jet Sahara Deal Mr. D N Chaturvedi with Mr. Mukesh Ambani, CMD Reliance Industries Limited Mr. D. N. Chaturvedi addressing a social cause Mr. Dhirubhai Ambani , Mr. Ramaniklal Ambani and Mr. D. N. Chaturvedi Mr. Rajesh Chaturvedi accepting felicitation from Mr. Mukesh Ambani for Reliance Petroleum IPO Mr. D. N. Chaturvedi with Mr. K. V. Kamat, ICICI Bank CMD The journey continues …….