Capstocks on expansion mode

THIRUVANANTHAPURAM: Stock broking and financial services company Capstocks and Securities based here has added three branches on single day on Monday, two of them in Thiruvananthapuram district and one in Secunderabad.

Capstocks, which claims to being the first stock broking company in the country to have received the ISO 9001:2000 certification for all stock broking and related financial services, is targeting membership of the BSE soon, company managing director Rajendran V. said.

The company had recently chalked out an ambitious road map to add 40 more franchisee outfits to its existing 60-strong office network in the country. Capstocks has 20 branches in Tamil Nadu and two offices in Bangalore including a regional office. The company’s international office is based at Sharjah, and there are plans to add two more offices in the UAE.