Monday, December 13, 2010

Karvy launches mobile app for investors

Karvy Computershare, a registry and transfer agent offering issue registry, shareholder and mutual fund services, has announced the launch of its new mobile interface K-PRISM, which is a secure mobile interface through which investors who utilise the corporate registry services of Karvy will be able to access their application status, allotment of shares and refund details.

K-PRISM (Karvy – premium registrar investor service on mobile) will enable investors to access information pertaining to the allotment of shares and refund status, keep track of upcoming public offerings to plan future investments and locate the closest Karvy investor service center – all through their mobile phones.
In order to access K-PRISM, log on to
The Securities and Exchange Board of India (Sebi) had issued guidelines in September for securities trading through wireless technology on mobile phones and laptops using data cards.
During that month, the National Stock Exchange had also launched a mobile trading application which was downloaded more than 20,000 times within two months.
NSE's mobile app provides information related to the latest price of stocks, latest index values, top gainers and losers, corporate announcements, interest rate futures and currency futures.
NSE saw total turnover of close to Rs 850,000 crore in the cash segment and of more than Rs 5,800,000 crore in the futures and options segment during April-June this year.