Incorporated in 1980, Aravali Securities & Finance (formerly Aravali Leasing) is a non-banking finance company engaged in leasing, bill discounting, hire-purchase, trading and investment in shares and securities. Leasing has been the primary business of the company and its lease portfolio mainly comprises earth-moving equipments, general machinery, vehicles and computers. The company's hire-purchase schemes cover general machinery and vehicles, etc. It is also the distributor of paper manufactured by Orient Paper Mills and The Sirpur Paper Mills in Delhi and Calcutta. The company's clientele includes reputed companies like JK Synthetics, Jagatjit Industries, Orient Papers, PCL, CIMMCO, GMMCO, Grindlays Bank, George Williamson, etc. Pratap Asbestos is the subsidiary of the company. The company is a category-I merchant-banking institution. Its division, Aravali International, is engaged in merchant exports. In view of the liberalised government policy towards tourism and related activities, the company has floated independent companies for establishing hotels at Ajabgarh and Udaipur in Rajasthan.