The Firm started its operation on 06th Nov 1991 headed by Mr. Ramesh Behal who had more than 40 years of core experience in equity markets. He started a partnership firm by the name of Pace Financial Services with a tiny office and started dealing with Primary Market Operations. In the Early days, only the firm become No1.. in the procurement of Reliance Petroleum IPO in Dehradun.

From 1993-94 it built its team of 25 Associates for distributing IPOs, Fixed Deposits, and Bonds. Mr. Kapil Behal was also involved in some of the activities of the firm since starting.

In 1995, Mr. Kapil Behal joined the business, taking a step forward for the firm.
In 1996 He was also made the District Organizer of SBI MUTUAL FUND for Dehradun and surrounding Areas.

In 1996 -1997 the firm started its Equity Market operations.

In 1998 the Partnership Firm was converted into a Proprietor Firm in the name of Pace Securities on 01st April 1998 which is a leading distributor in Mutual Funds, Primary market Operations, and Third-party Products, and for the Equity Brokering Business, a new Firm was formed in the name of Sainath Investments.

In 1999 the firm joined hands as a Sub Broker with Motilal Oswal Securities Ltd now known as Motilal Oswal Financial Services Ltd.

In 2000 SNI was one of the few sub-brokers who got Motilal Oswal Financial Services Ltd in North India. In early 2000 SNI started the LIVE CDSL operation through MOSL for their clients.
In 2002 the firm stepped into the market of Hardwar with an associate to cater to the Hardwar clients.

In 2003 the firm opened its Branch Operations in Hardwar.
In 2004 Seeing the challenges and requirement of more transparency the firm in Feb 2004 moved from the concept of Sub Broker to Franchisee mode with Motilal Oswal Securities Ltd now known as Motilal Oswal Financial Services Ltd.

In 2005-2006 the firm registered highest No of Demat Accounts and Trading Accounts.

Pace Securities (Sister Concern Sainath Investment) received an Appreciation Award for outstanding contribution to various IPOs in 2005-2006 by LKP SHARES.
The firm also started the Summer Internship Program for aspiring students to help them in the growth path of their careers.

In 2006 the Hardwar Branch moved into a new office owned by the firm with 2000 square Foot Areas with all modern Amenities.
Further, the Head Office in Dehradun also doubled the Capacity of the Office Space and started operating in the 2700 Square Foot Area.

In 2007- 2008 from the figure of just 50 clients (when the firm started its operation), the firm moved to register more than 3000 clients.

In 2009-10 the firm was awarded as the Best Franchisee North by MOSL.
Sainath Investment received the Certificate of Appreciation Award for M50 from MOTILAL OSWAL ASSET MANAGEMENT COMPANY.
Pace Securities (Sister Concern Sainath Investment) received Silver Partner Award by RELIANCE MUTUAL FUND

In 2011 the company launched its website www.sainathinvestment.com to cater the day to day requirements of the end customer.
Sainath Investments (Mr. Kapil Behal) was presented Speaker Award for Investor Awareness Seminar by the Dehradun Branch of CIRC of ICAI

In 2012 the company did another milestone by adding new heights in attaining clients.
Sainath Investment received the Certificate of Appreciation Award for M100 from MOTILAL OSWAL ASSET MANAGEMENT COMPANY.

In 2013-14 the company was awarded as the Best Franchisee North by MOSL now Motilal Oswal Financial Services Ltd.
Pace Securities (Sister Concern Sainath Investment) received an Appreciation Award for Mobilizing Deposits by HDFC Ltd.

In 2015 the company reached new heights in technological edge through various applications used by our customers.

In 2017 Pace Securities (Sister Concern Sainath Investment) joined hands with BSE Star Mutual Fund Platform to give online mutual fund services ease to investors.

In 2018 Pace Securities (Sister Concern Sainath Investment) launched the mobile app to help the daily needs of their investors for tracking their investments.
Pace Securities (Sister Concern Sainath Investment) received Recognition Award for 2017-18 by PRINCIPAL MUTUAL FUND.

In 2019 The company achieved a new milestone in crossing the 5000 client base.
Pace Securities (Sister Concern Sainath Investment) received the Appreciation Award by MOTILAL OSWAL AMC.

In 2020 the company was awarded as the Most Super Achiever by MOSL now Motilal Oswal Financial Services Ltd. Taking social responsibility did various activities during Covid 19 period helping the needy.

In 2021 Pace Securities (Sister Concern Sainath Investment) was awarded for Outstanding Contribution by PRINCIPAL.

Sainath Investment received Appreciation Award for Financial Super Hero in Commodity Segment from MOTILAL OSWAL FINANCIAL SERVICES Ltd in 2021.
With a team of 12 professionals with more than 10-15 years of rich experience, the Company’s Vision is to become the Respectful Financial Company in India with Advice Based Investment Solutions to clients.

Today Sainathinvestment and Sister Concern Pace Securities together cater to more than 5000 clients not only from Uttarakhand but also in all the major cities of the country and Worldwide including individuals, Non-Resident Indians, High Net worthy Investors, and Companies.