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Kumbhat Financial Services Ltd.

BSE: 526869 Sector: Financials
NSE: N.A. ISIN Code: INE795E01019
BSE 00:00 | 26 Feb Kumbhat Financial Services Ltd
NSE 05:30 | 01 Jan Kumbhat Financial Services Ltd
OPEN 2.73
PREVIOUS CLOSE 2.47
VOLUME 500
52-Week high 2.73
52-Week low 0.00
P/E 8.23
Mkt Cap.(Rs cr) 1
Buy Price 2.47
Buy Qty 50.00
Sell Price 0.00
Sell Qty 0.00
OPEN 2.73
CLOSE 2.47
VOLUME 500
52-Week high 2.73
52-Week low 0.00
P/E 8.23
Mkt Cap.(Rs cr) 1
Buy Price 2.47
Buy Qty 50.00
Sell Price 0.00
Sell Qty 0.00

Kumbhat Financial Services Ltd. (KUMBHATFIN) - Company History

Promoted by the House of Kumbhats, Kumbhat Financial Services was incorporated as a public limited company in Feb.'93. The company is into lease and hire-purchase. The company came out with a public issue in Feb.'95 to partly meet the working capital requirements of the company and to diversify into other financial services. It proposes to obtain Category-I registration from the SEBI for carrying on the merchant banking activities. It also proposes to become a dealer in OTCEI and to obtain Restricted Money Changer licence from the RBI. During 1996-97, company was not able to achieve the projected profit after tax, due to unfavourable market conditions which prevailed in the primary and secondary market.