The main objects and activities of Jayabharat Credit Ltd (JCL) being investment and finance hire-purchase and leasing it used to underwrite all kinds of general insurance business till Dec.'1987. It started hire-purchase and financing activities since May 1989. From 1981 the company commenced leasing operations. In 1988 the company ceased to be a subsidiary of New India Assurance company. During 1990-91 the company acquired its present name from Jayabharat Credit & Investment Company. In 1995-96 company secured registration from SEBI to act as Category I Merchant Banker. In 1996-97 the company got the rating 'MA' from M/s ICRA Ltd which denotes adequate safety ie timely servicing of interest and principal.During the year 1999-2000 the company promoted Jayabharat Automobiles Ltd jointly with the Motor & General Finance Ltd with equity participation.The Company's Capital Adequacy Ratio is 30.35% as against the minimum requirement of RBI's 12% as on March 2001. |
Jayabharat Credit Ltd.
BSE: 501311 | Sector: Financials |
NSE: N.A. | ISIN Code: INE998D01011 |
BSE 00:00 | 30 Jan | 12.35 |
0 (0.00%) |
OPEN
13.65 |
HIGH
13.65 |
LOW
12.35 |
NSE 05:30 | 01 Jan | Jayabharat Credit Ltd |
OPEN | 13.65 |
PREVIOUS CLOSE | 12.35 |
VOLUME | 2 |
52-Week high | 15.21 |
52-Week low | 5.50 |
P/E | |
Mkt Cap.(Rs cr) | 6 |
Buy Price | 0.00 |
Buy Qty | 0.00 |
Sell Price | 0.00 |
Sell Qty | 0.00 |
Jayabharat Credit Ltd. (JAYABHARATCRED) - Company History
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