Dolat Algotech Limited Company Profile: Products, Promoters and Clients

Dolat Algotech Company Description:

Dolat Algotech Ltd., previously named Dolat Investments Limited, was established as a Public Limited Company on February 24th, 1983, under the Companies Act of 1956. It received the Certificate of Commencement of Business on March 14th, 1983. The company's shares are publicly listed on the Bombay Stock Exchange (BSE). Its revenue generation primarily stems from the trading of shares, securities, commodities, and derivatives.

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Q1. What are the Product and service offerings of Dolat Algotech?

The company is registered as a broker for the capital market and futures & options segment with the NSE. It is actively involved in proprietary trading of shares, securities, commodities, and various other financial products and provides liquidity, takes active risk, and does ultra-low latency trading using quantitative analysis. 

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Q2. Who are the Promoters/Management of Dolat Algotech?

Mr. Rajendra Shah serves as the Managing Director of Operations, embodying one of the cornerstone figures within our organization. With an engineering background, he oversees all operational facets, spanning from back-office management to the firm's financial accounts. His hands-on and pragmatic approach to leadership has ingrained his pivotal role within our company's framework.

Mr. Harendra Shah, the Head of BackOffice, brings with him extensive experience as an electrical engineer. He oversees the comprehensive operations of our firm, meticulously maintaining the optimal health of our data centers. With a focus on utilizing cutting-edge hardware for our live trading and research cluster, he ensures we remain at the forefront of technological advancement. His relentless pursuit of improvement has been instrumental in propelling the firm's evolution.

Mr. Pankaj Shah serves as the Managing Director of Risk, bringing vibrant energy and remarkable memory to his role as a floor trader. With a background in market making for numerous listed equities, he seamlessly transitioned into electronic trading. Currently, he oversees the management of a substantial risk-neutral options portfolio for the firm, leveraging his extensive experience and expertise gained from years on the trading floor.

Q3. Who are the Clients of Dolat Algotech?

Income from Shares & Securities accounts for majority of company’s revenue, income from liquid funds and dividend income accounts for a minority chunk for the company. 

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