Crest Ventures Ltd

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NSEBSE

302.65-4.15 (-1.35%)

12:00 AM,1st Dec 2023

303.35-3.20 (-1.04%)

12:00 AM,1st Dec 2023

BSE : 511413

NSE : CREST

Sector : Financials

ISIN Code : INE559D01011

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Last Updated: Dec 01 2023 | 12:00 AM IST

Market Cap (₹ Cr)

861

Turnover (₹ Cr)

0.29

Volume (Shares)

94420

Face Value

10

52-WK High

329.80

52-WK High Date

13 Nov 2023

52-WK Low

142.30

52-WK Low Date

28 Mar 2023

All Time High

493.19

All Time High Date

03 Jan 2008

All Time Low

14.86

All Time Low Date

09 Apr 1997

Crest Ventures Ltd

Crest Ventures Ltd (formerly known Sharyans Resources Limited) was established on October 16 1982 at Kolkata West Bengal. The Company promoted by Pannalal Bengani Motilal Sharma and Vijay Singh Dugar was engaged in trading of synthetic yarns and fabrics till Mar.'93 it diversified into financial activities with emphasis on housing development and finance lease financing hire-purchase and investment in bonds and properties. The Company presently operates in three main segments viz. Investment in businesses Credit business and Real Estate development.The company signed an MoU for technical assistance and co-operation with Kalpataru Construction Overseas and J Henry Schroders Bank Switzerland. It came out with a public issue at a premium of Rs 5 in Dec.'93 to part-finance the diversification of the company's operations in the area of housing development and finance. Later the company has entered into a partnership with Kalpataru Homes for the execution of a large commercial-cum-residential complex at Panvel.In 1995-96 it came out with Rights issue of 3510000 shares of Rs 10/- each for cash at a premium of Rs 25/- per share was fully subscribed and the money raised has also been deployed.During year 2007 the Company floated a 100% subsidiary Tamarind Tours Private Limited to provide travel and related services. The Company's investments in Real Estate business saw efforts yield resulting with the opening of `Phoenix Market City' Mall at Velachery Chennai as a major milestone in 2012-13.The Company tookover Fortune Financial Services (India) Limited (FFSL) resulting it in becoming one of the Promoters during 2013-14. Through the Composite Scheme of Amalgamation ITI Securities Limited subsidiary of ITI Capital Holdings Private Limited merged with ITI Capital Holdings Private Limited from April 01 2014 and through the same Scheme the amalgamated ITI Capital Holdings Private Limited subsidiary Company merged with the Company effective from April 02 2014.During the year 2016-17 Crest Capital and Investment Private Limited was incorporated as a wholly owned subsidiary on September 16 2016. Further the Company increased its stake in Escort Developers Private Limited on March 31 2017 from the existing 50% to 100% resulting into its becoming a wholly owned subsidiary company. However the Company has acquired a further stake of 10% in Crest Wealth Management Private Limited in 2017-18. Similarly it increased its stake in Crest Finserv Limited from 52% to 100% resulting Crest Finserv Limited to became wholly-owned subsidiary of the Company during 2018-19. During 2019-20 the Company acquired 21% stake in TBOF Foods Private Limited which resulted TBOF Foods in becoming an associate of the Company. The Company along with its wholly owned subsidiary i.e. Escort Developers Private Limited sold their entire stake being 3849058 Equity Shares constituting 50% of the paid up equity share capital of Classic Mall Development Company Limited (CMDCL) for an aggregate consideration of Rs 936 Crore to The Phoenix Mills Limited (PML). Consequent to the sale/transfer of shares the Company's and Escort's holding in CMDCL was reported Nil and CMDCL ceases to be an associate of the Company effective May 05 2022.Mane Green Private Limited was made subsidiary effective August 16 2022; Crest Habitat Private Limited was made subsidiary effective August 25 2022; Crest Corner Private Limited was made subsidiary effective August 29 2022.

Crest Ventures Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

861

EPS - TTM (₹) [S]

19.14

P/E Ratio (X) [S]

0.91

Face Value (₹) 10
Latest Dividend (%)10.00
Latest Dividend Date 18 Aug 2023
Dividend Yield (%) 0.33
Book Value Share (₹) [S]333.25
P/B Ratio (₹) [S]0.91
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

299.55

322.70

Week Low/High

299.10

323.00

Month Low/High

234.05

330.00

Year Low/High

142.30

330.00

All time Low/High

2.72

493.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week0.92%0.87%2.292.39%
1 Month27.14%26.50%6.126.73%
3 Month25.66%24.55%3.204.28%
6 Month63.82%63.42%8.099.63%
1 Year79.93%78.82%6.637.74%
3 Year218.75%221.28%51.1254.61%

Company Info

Company Information

Managing Director : Vijay Choraria

Independent Director : Rajeev Sharma

Company Sec. & Compli. Officer : Namita Bapna

Chairman & Independent Directo : V R Galkar

Independent Director : Mohindar Kumar

Director : Sheetal Kamalnayan Kapadia

Independent Director : Neha Mehta

Registered Office: 111 Maker Chambers IV, 11th Floor Nariman Point,Mumbai,Maharashtra-400021 Ph: 91-022-43347000

Email:secretarial@crest.co.in

URL:http://www.crest.co.in