You are here » Home » Companies » Company Overview » Wall Street Finance Ltd

Wall Street Finance Ltd.

BSE: 511147 Sector: Financials
NSE: N.A. ISIN Code: INE549D01012
BSE LIVE 10:30 | 13 Dec 40.50 0.50
(1.25%)
OPEN

38.00

HIGH

40.50

LOW

38.00

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 38.00
PREVIOUS CLOSE 40.00
VOLUME 766
52-Week high 47.15
52-Week low 23.30
P/E 31.89
Mkt Cap.(Rs cr) 47
Buy Price 39.00
Buy Qty 500.00
Sell Price 40.50
Sell Qty 134.00
OPEN 38.00
CLOSE 40.00
VOLUME 766
52-Week high 47.15
52-Week low 23.30
P/E 31.89
Mkt Cap.(Rs cr) 47
Buy Price 39.00
Buy Qty 500.00
Sell Price 40.50
Sell Qty 134.00

Wall Street Finance Ltd. (WALLSTREETFIN) - Company History

Set up as a public limited company in 1986, Wall Street Finance offers financial services like fixed deposits, leasing, hire purchase, auto finance, portfolio management and bill discounting. The company is promoted by the House of Patels. The company has been granted the category-I merchant banker status by SEBI and offers merchant banking services. It has over 1000 centres in India and associates in Hong Kong, Singapore, Dubai, London, New York and Sydney, through which the company markets primary issues. It was the first company in India to be given a full-fledged money changers license by the RBI, and is now operating in 16 centres nation-wide. The company has been granted four additional licences and 2 more mobile licences. The company is a corporate member of the Vadodara stock exchange, and has transferred this membership to the newly floated Wall Street Capital Markets. The company plans to set up a 100% subsidiary in Mauritius, Wall Street Finance (Mauritius), to raise funds abroad, partly for various portfolio investments in India and to expand business activities in other parts of the world. The company is also venturing into inward money remittances, for which it has applied to the RBI. During the year 1999-2000, the Company issued 6 lakh Cumulative Convertible Preference shares of Rs. 100 each to OCBs/Promoters for repayment of deposits and retirement of high cost debts.