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Apollo Finvest (India) Ltd.

BSE: 512437 Sector: Financials
NSE: N.A. ISIN Code: INE412D01013
BSE LIVE 11:48 | 22 Sep 15.25 0.24
(1.60%)
OPEN

15.10

HIGH

15.25

LOW

15.10

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 15.10
PREVIOUS CLOSE 15.01
VOLUME 101
52-Week high 19.50
52-Week low 11.40
P/E
Mkt Cap.(Rs cr) 6
Buy Price 15.25
Buy Qty 100.00
Sell Price 15.74
Sell Qty 500.00
OPEN 15.10
CLOSE 15.01
VOLUME 101
52-Week high 19.50
52-Week low 11.40
P/E
Mkt Cap.(Rs cr) 6
Buy Price 15.25
Buy Qty 100.00
Sell Price 15.74
Sell Qty 500.00

Apollo Finvest (India) Ltd. (APOLLOFINVEST) - Company History

Incorporated on 29th July, 1985 as a public limited company Apollo Finvest (India) Ltd formerly knwon as Apollo Mercantiles Limited and obtained Certificate of Commencement of Business 10th December, 1985. The Company was engaged in trading and agency business in 'Telecom' and Telecom related products and then diversified its business to Financial Services. Subsequently, the name of the Company was changed to the present one, promoted by Ramesh R. Innani. Company presently engaged in a comprehensive range of activities like, Marketing of Telecom Products and pipes to companies like Birla 3M Ltd., Arvind Mills, Zenith Ltd. etc., Providing Leasing and Hire Purchase Finance on flexible terms, Merchant Banking activities like mobilisation of funds, extending underwriting support etc., bills discounting and money market operations, Investment in debt and equity instruments and portfolio management and dealing in OTC Exchange of India. Board of Directors of the Company has taken a policy decision to invest the funds of the Company in Fixed Income bearing securities such as Preference Shares yeilding Tax Free Dividend, units of Birla Mutual Fund and Secured Loans to financially sound parties. Company also working out policy to reduce over a period of time, its high exposure in Long Term Investment of Equity Shares except blue chip companies, so to move the funds towards Fixed Income Bearing Securities.