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DCM Financial Services Ltd.

BSE: 511611 Sector: Financials
NSE: DCMFINSERV ISIN Code: INE891B01012
BSE 11:42 | 06 Dec 3.61 -0.18
(-4.75%)
OPEN

3.61

HIGH

3.79

LOW

3.61

NSE 11:36 | 06 Dec 3.05 -0.10
(-3.17%)
OPEN

3.10

HIGH

3.30

LOW

3.05

OPEN 3.61
PREVIOUS CLOSE 3.79
VOLUME 2490
52-Week high 5.23
52-Week low 0.89
P/E
Mkt Cap.(Rs cr) 8
Buy Price 3.61
Buy Qty 410.00
Sell Price 3.76
Sell Qty 500.00
OPEN 3.61
CLOSE 3.79
VOLUME 2490
52-Week high 5.23
52-Week low 0.89
P/E
Mkt Cap.(Rs cr) 8
Buy Price 3.61
Buy Qty 410.00
Sell Price 3.76
Sell Qty 500.00

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-purchaseinter-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 servicesERP implementation and other IT related activities.

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