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Som Datt Finance Corporation Ltd.

BSE: 511571 Sector: Financials
NSE: SOMDUTTFIN ISIN Code: INE754C01010
BSE 14:20 | 19 Feb 5.50 0
(0.00%)
OPEN

5.50

HIGH

5.50

LOW

5.50

NSE 05:30 | 01 Jan Som Datt Finance Corporation Ltd
OPEN 5.50
PREVIOUS CLOSE 5.50
VOLUME 500
52-Week high 7.63
52-Week low 4.37
P/E 42.31
Mkt Cap.(Rs cr) 6
Buy Price 0.00
Buy Qty 0.00
Sell Price 5.50
Sell Qty 1410.00
OPEN 5.50
CLOSE 5.50
VOLUME 500
52-Week high 7.63
52-Week low 4.37
P/E 42.31
Mkt Cap.(Rs cr) 6
Buy Price 0.00
Buy Qty 0.00
Sell Price 5.50
Sell Qty 1410.00

Som Datt Finance Corporation Ltd. (SOMDUTTFIN) - Company History

Som Datt Finance Corporation was incorporated in 1993 and was promoted by Som Datt. It is engaged in financial activities, including hire purchase, leasing and financing. It diversified into project consultancy, loan syndication, bill discounting, financial and advisory services and motion and general insurance. In 1994-95, the company got registration from SEBI as category-I merchant banker. It plans to diversify into issue management, underwriting and portfolio management. It also plans to obtain membership of stock exchanges, OTCEI and mobilise NRI funds through the group network, especially in west Asia. The company came out with a public issue in Sep.'94 to consolidate its capital base and augment its long-term resources in the form of equity capital and to increase its borrowing capacity by enhancing its net worth. During the year 1999-2000, the company has signed an MOU with M/s Soft Electronics Co.(SOFT) for forming a joint venture to establish Education / Training Centre in the field of information technolgy sector. The company has decided to enter into insurance sector as an agent and also planning to take up dealings in derivatives/future segment in the Stock Exchange.