The Company started it operation in 1991 headed by Mr. Ramesh Behal who has a core experience of more than 40 years in equity market as a Partnership firm in the name of Pace Financial Services with a very small office and was dealing in Primary Market Operations. In the Early days only the company did became No1. In procurement of Reliance Petroleum IPO in the Dehradun. In 1993-94 it built its team of 25 Associates for distributing IPO’s, Fixed Deposits and Bonds. Mr. Kapil Behal joined the business in 1995 talking a step forward for the companies.
In 1996 he was also made the District Organizer for SBI MUTUAL FUND for Dehradun and surrounding Areas. In 1996 -1997 the company started its Equity Market operations. Later on the Partnership Firm was converted into Proprietor Firm in the name of Pace Securities and on 01st April 1998 which is a leading distributor in Mutual Funds, Primary market Operations and for the Equity Brokering Business a new Firm Sainath Investment started Operations. In 1999 the firm joined hands as a Sub Broker with Motilal Oswal Securities Ltd. SNI was one of the few sub brokers who got Motilal Oswal Securities Ltd to North India. In early 2000 SNI started the LIVE CDSL operation thru MOSL for their clients.
On May 2003 the company started their Operation at Hardwar. Seeing the challenges and requirement of more Transparency the Company in Feb 2004 moved from the concept of Sub Broker to Franchisee mode. In 2005-2006 the Company registered highest No of Dmat Accounts and Trading Accounts.
Nov 2006 the Hardwar Branch moved into a new office owned by the Company with 2000 square Foot Area with all modern Amenities and the Head Office at Dehradun also doubled the Capacity of the Office Space and started operating in 2700 Square Foot Area.
In 2007- 2008 from the figure of just 50 clients (when the company started its operation) the Company moved to register more than 3000 clients.
For 2009-10 the company was awarded as the Best Franchisee North by MOSL.
In 2011 the company launched it Website www.sainathinvestment.com to cater the day to day requirement of the end customer.
For 2013-14 the company was awarded as the Best Franchisee North by MOSL.
With a Team of 18 professionals out of which 12 MBA’s with more than 10-15 years of rich experience the Company Vision is to become the Respectful Financial Company in India with Advice Based Investment Solutions to clients.
Today Sainathinvestment cater more than 3500 clients not only from Uttarakhand but also in all the major towns of the country and World which includes Individual, Non Resident Indians, High Net worth Investors and Companies.