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Twenty First Century Management Services Ltd.

BSE: 526921 Sector: Financials
NSE: 21STCENMGM ISIN Code: INE253B01015
BSE 11:33 | 22 Feb 42.90 -0.85
(-1.94%)
OPEN

42.90

HIGH

42.90

LOW

42.90

NSE 09:15 | 23 Feb 41.75 -0.85
(-2.00%)
OPEN

41.75

HIGH

41.75

LOW

41.75

OPEN 42.90
PREVIOUS CLOSE 43.75
VOLUME 500
52-Week high 45.45
52-Week low 16.35
P/E 3.09
Mkt Cap.(Rs cr) 45
Buy Price 0.00
Buy Qty 0.00
Sell Price 42.90
Sell Qty 4175.00
OPEN 42.90
CLOSE 43.75
VOLUME 500
52-Week high 45.45
52-Week low 16.35
P/E 3.09
Mkt Cap.(Rs cr) 45
Buy Price 0.00
Buy Qty 0.00
Sell Price 42.90
Sell Qty 4175.00

Twenty First Century Management Services Ltd. (21STCENMGM) - Company History

Twenty First Century Management Services (TCMS) was incorporated in Mar.'86. It is promoted by chairman Sundar Iyer, J Chandra Mouli and E Y Rangoonwala. TCMS's group companies include Sunder Iyer, Twenty First Century Money Growth Fund, Goa Agro Oils, Mauli & Company. The company came out with a public issue at a premium of Rs 50, aggregating Rs 15.85 cr, in Feb.'95, to increase investment banking operations and to improve infrastructural facilities, at a total cost of Rs 72.65 cr. TCMS's area of business includes capital market, equity research, merchant banking, corporate finance, etc. Its clients are Alpic Finance, RPG Telecom, Kakatiya Textiles, etc. The company's subsidiary is Twenty First Century Shares and Securities. TCMS entered into an MoU on 18 Nov.'94 with Chemech Laboratories (CLL), Madras, to acquire 2 lac shares of the company. The name of the new company will be Aakash Twenty First Century Securities Pvt Ltd, with R A Ravichandran as the managing director. The company plans to set up an asset management company with foreign collaboration.