LKP Finance Ltd

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NSEBSE
Stock not tradded

240.10-1.80 (-0.74%)

12:00 AM,23rd Feb 2024

BSE : 507912

NSE : LKPMERFIN

Sector : Financials

ISIN Code : INE724A01017

  • NSE
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Last Updated: Feb 23 2024 | 12:00 AM IST

Market Cap (₹ Cr)

0

Turnover (₹ Cr)

0.00

Volume (Shares)

Face Value

10

52-WK High

0.00

52-WK High Date

Invalid date

52-WK Low

0.00

52-WK Low Date

Invalid date

All Time High

53.17

All Time High Date

06 Apr 1995

All Time Low

4.62

All Time Low Date

12 Aug 1997

LKP Finance Ltd

LKP Finance Ltd (Formerly known as LKP Merchant Financing Limited) was incorporated in May 1984. Thereafter the Company was converted into a Public Limited Company in Feb.' 86. The Company was promoted by L K Panday C P Mehta and M V Doshi. Presently it is engaged into the business of finance investment and trading in shares and securities derivatives etc.In Feb.'94 the company came out with a rights-cum-public issue of equity shares (premium : Rs 25 and Rs 30 respectively) aggregating Rs 28.33 cr to consolidate its capital base and augment its long-term resources. The company offers a wide range of financial services -- issue management bill discounting leasing and hire-purchase full fledged money changing and has also started providing travel related Insurance Policy to bound passengers etc. It is a SEBI-authorised category-I merchant banker and a sponsor member of the OTCEI. LKPMF's select clients include MRF HDFC the House of Tatas the Birlas Godrej Finolex and many others. In Sep.'95 the company allotted 250000 cumulative redeemable preference shares of Rs 100 each aggregating Rs 25000000 on private placement basis.The company has been awarded the prestigious ISO-9002 Certificate in September 1998 by KPMG Quality Registrar for money changes operation at Bombay New Delhi Chennai and Pune and is proposed to extend the quality systems in more branches during the year. LKPMF is recognised at one of the leading Money Changers in the country.During the year 2001-02 the Company's Money Changing business was transferred to the wholly owned subsidiary LKP Forex. Ltd effective from 1st March 2002. Gayatri Cement & Chemicals Industries Pvt. Ltd. and Doshi Holdings Pvt. Ltd. made preferential allotments of new equity shares whereby the Company's holding in the expanded capital of both these companies was reduced to less than 50% and consequently both these companies ceased to be subsidiaries of the Company during the same period.During year 2006-07 Company's subsidiary LKP Forex Ltd. amalgamated with Thomas Cook (India) Ltd with effect from 1st April 2006. Company's wholly owned subsidiary LKP Securities Ltd. also increased its branch network in more than 54 cities and towns.In May 2007 the Company acquired 5954000 (99.23%) Equity Shares of M/s LKP Shares and Securities Limited . Hence consequent to the said acquisition of Equity Shares LKP Shares and Securities Limited became a Subsidiary Company of the Company. Thereafter the amalgamation of LKP Shares and Securities Limited into LKP Securities Limited (a wholly owned subsidiary Company) was made effective from April 1 2006. In terms of the said Amalgamation Scheme 1 Equity Shares of LKP Securities Limited for every 2 Equity Shares of LKP Shares and Securities Limited were issued. M/s Gayatri Cement and Chemical Industries Pvt. Ltd. became Wholly Owned Subsidiary of the Company during the year 2009-10.Later the Demerger of SEBI Registered Intermediaries Business of the Company into LKP Securities Ltd was implemented during the year 2016-17. As per the said Scheme of Arrangement the equity shareholders of LKP Finance Limited were allotted 6 fully paid equity shares of Rs.2/- each in LKP Securities Ltd. for every one equity share of Rs.10/- each held by them in LKP Finance Ltd. which consequently listed the equity shares of LKP Securities Limited at BSE Limited with effect from 1st December 2016. Thus after implementation of Scheme of demerger of SEBI Registered Intermediaries Business of the Company into LKP Securities Ltd LKP Securities Limited ceased to be a subsidiary of the Company effective from 8th July 2016.

LKP Finance Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

301

EPS - TTM (₹) [S]

34.49

P/E Ratio (X) [S]

0.93

Face Value (₹) 10
Latest Dividend (%)30.00
Latest Dividend Date 10 Nov 2023
Dividend Yield (%) 0.42
Book Value Share (₹) [S]258.98
P/B Ratio (₹) [S]0.93
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)
Quant Large and Mid Cap Fund (G) 0.01 1455 0.23

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

240.00

242.00

Week Low/High

232.10

244.00

Month Low/High

232.10

269.00

Year Low/High

71.10

269.00

All time Low/High

0.78

269.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week-0.62%%1.290.78%
1 Month-1.98%%4.244.59%
3 Month91.70%%11.1212.17%
6 Month147.27%%12.1114.24%
1 Year193.70%%23.0726.85%
3 Year116.21%%47.4551.03%

Company Info

Company Information

Executive Chairman & M.D. : M V Doshi

Independent Director : V N Suchanti

Director : Pratik M Doshi

Company Sec. & Compli. Officer : G B Innani

Independent Director : Anjali Suresh

Independent Director : Sajid Mohamed

Director : DINESH KALIDAS WAGHELA

Registered Office: 203 Embassy Centre, Nariman Point,Mumbai,Maharashtra-400021 Ph: 91-022-4002 4785/4002 4786

Email:lkpfininvestor.relations@lkpsec.com

URL:http://www.lkpfinance.com