You are here » Home » Companies » Company Overview » LKP Finance Ltd

LKP Finance Ltd.

BSE: 507912 Sector: Financials
NSE: LKPMERFIN ISIN Code: INE724A01017
BSE LIVE 10:08 | 22 Nov 119.05 -3.95
(-3.21%)
OPEN

124.00

HIGH

124.05

LOW

117.75

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 124.00
PREVIOUS CLOSE 123.00
VOLUME 2090
52-Week high 170.00
52-Week low 61.00
P/E 9.01
Mkt Cap.(Rs cr) 145
Buy Price 119.05
Buy Qty 98.00
Sell Price 120.00
Sell Qty 6.00
OPEN 124.00
CLOSE 123.00
VOLUME 2090
52-Week high 170.00
52-Week low 61.00
P/E 9.01
Mkt Cap.(Rs cr) 145
Buy Price 119.05
Buy Qty 98.00
Sell Price 120.00
Sell Qty 6.00

LKP Finance Ltd. (LKPMERFIN) - Company History

Originally incorporated as Elkaypee Merchant Financing in May '84, LKP Merchant Financing (LKPMF) was converted in Feb.'86 into a public limited company. It was promoted by L K Panday, C P Mehta and M V Doshi. In Feb.'94, the company came out with a rights-cum-public issue of equity shares (premium : Rs 25 and Rs 30 respectively), aggregating Rs 28.33 cr to consolidate its capital base and augment its long-term resources. The company offers a wide range of financial services -- issue management, bill discounting, leasing and hire-purchase, full fledged money changing and has also started providing travel related Insurance Policy to bound passengers, etc. It is a SEBI-authorised category-I merchant banker and a sponsor member of the OTCEI. LKPMF's select clients include MRF, HDFC, the House of Tatas, the Birlas, Godrej, Finolex and many others. In Sep.'95, the company allotted 2,50,000 cumulative redeemable preference shares of Rs 100 each aggregating Rs 2,50,00,000, on private placement basis. The company has been awarded the prestigious ISO-9002 Certificate in September, 1998 by KPMG Quality Registrar for money changes operation at Bombay, New Delhi, Chennai and Pune and is proposed to extend the quality systems in more branches during the year. LKPMF is recognised at one of the leading Money Changers in the country.