Chokhani Securities will target small and medium enterprises in select sectors and will start lending operations from January 2019.: Mumbai: Chokhani Securities, a non-banking financial company (NBFC) recently acquired by former Religare Enterprises CEO Shachindra Nath, has raised ₹112 crore through a qualified institutional placement (QIP). Chokhani Securities has so far raised ₹1,000 crore in the last six months across three tranches. The company, which was acquired by Nath last December, will start lending operations from January 2019. It will focus on select sectors and will target small and medium enterprises.