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Jayabharat Credit Ltd.

BSE: 501311 Sector: Financials
NSE: N.A. ISIN Code: INE998D01011
BSE 00:00 | 24 Sep 7.60 0
(0.00%)
OPEN

7.60

 HIGH

7.60

 LOW

7.60
NSE 05:30 | 01 Jan Jayabharat Credit Ltd
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OPEN 7.60
PREVIOUS CLOSE 7.60
VOLUME 1
52-Week high 8.79
52-Week low 1.81
P/E
Mkt Cap.(Rs cr) 4
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 7.60
CLOSE 7.60
VOLUME 1
52-Week high 8.79
52-Week low 1.81
P/E
Mkt Cap.(Rs cr) 4
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Jayabharat Credit Ltd. (JAYABHARATCRED) - Company History

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.

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