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DCM Financial Services Ltd.

BSE: 511611 Sector: Financials
NSE: DCMFINSERV ISIN Code: INE891B01012
BSE LIVE 13:32 | 21 Feb 2.96 -0.12
(-3.90%)
OPEN

2.96

HIGH

2.96

LOW

2.93

NSE LIVE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 2.96
PREVIOUS CLOSE 3.08
VOLUME 5800
52-Week high 8.55
52-Week low 0.61
P/E 4.00
Mkt Cap.(Rs cr) 6.55
Buy Price 2.94
Buy Qty 1000.00
Sell Price 2.96
Sell Qty 1000.00
OPEN 2.96
CLOSE 3.08
VOLUME 5800
52-Week high 8.55
52-Week low 0.61
P/E 4.00
Mkt Cap.(Rs cr) 6.55
Buy Price 2.94
Buy Qty 1000.00
Sell Price 2.96
Sell Qty 1000.00

DCM Financial Services Ltd. (DCMFINSERV) - Company History

Incorporated in Feb.'91 and promoted by the DCM group, DCM Financial Services (DFSL) started its auto-finance business in Mar.'94. DFSL has been granted category-I merchant banking registration by SEBI. It offers well-diversified portfolio services equipment leasing, hire-purchase,inter-corporate deposits, bill discounting, etc to its fast-growing list of clients. To augment its long-term resources, strengthen its merchant banking activities and expand its fund-based activities, an equity issue at a premium was made in 1994-95. The company's post-issue equity stands at Rs 12.94 cr, and net worth, at Rs 23.74 cr. Its future plans include financing DCM-Daewoo cars. The other areas of focus are merchant banking and financial advisory services. Portfolio management services for individual investors is also on the cards. In 1995-96, the credit rating of the company was upgraded to the high-safety - AA - category from the level of adequate safety. During the year, the branch network was expanded and strengthened to achieve better access in the market. During 2000-2001 the company had entered into IT related activities and the income generated from the fields are such as Technical support services,ERP implementation and other IT related activities.