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LKP Finance Ltd.

BSE: 507912 Sector: Financials
NSE: LKPMERFIN ISIN Code: INE724A01017
BSE 16:01 | 08 Dec 90.90 2.20
(2.48%)
OPEN

91.30

HIGH

91.30

LOW

88.00

NSE 05:30 | 01 Jan LKP Finance Ltd
OPEN 91.30
PREVIOUS CLOSE 88.70
VOLUME 588
52-Week high 144.20
52-Week low 71.10
P/E
Mkt Cap.(Rs cr) 114
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 91.30
CLOSE 88.70
VOLUME 588
52-Week high 144.20
52-Week low 71.10
P/E
Mkt Cap.(Rs cr) 114
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

LKP Finance Ltd. (LKPMERFIN) - Company History

Originally incorporated as Elkaypee Merchant Financing in May '84 LKP Merchant Financing (LKPMF) was converted in Feb.'86 into a public limited company. It was promoted by L K Panday C P Mehta and M V Doshi. 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.

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