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Twenty First Century Management Services Ltd.

BSE: 526921 Sector: Financials
NSE: 21STCENMGM ISIN Code: INE253B01015
BSE LIVE 12:03 | 24 Jan 18.35 -0.35
(-1.87%)
OPEN

18.35

HIGH

18.35

LOW

18.35

NSE LIVE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 18.35
PREVIOUS CLOSE 18.70
VOLUME 121
52-Week high 30.85
52-Week low 15.90
P/E
Mkt Cap.(Rs cr) 19.27
Buy Price 18.35
Buy Qty 1429.00
Sell Price 0.00
Sell Qty 0.00
OPEN 18.35
CLOSE 18.70
VOLUME 121
52-Week high 30.85
52-Week low 15.90
P/E
Mkt Cap.(Rs cr) 19.27
Buy Price 18.35
Buy Qty 1429.00
Sell Price 0.00
Sell Qty 0.00

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.