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LKP Finance Ltd.

BSE: 507912 Sector: Financials
NSE: LKPMERFIN ISIN Code: INE724A01017
BSE 12:23 | 26 Apr 108.25 0.40
(0.37%)
OPEN

108.25

HIGH

108.30

LOW

108.20

NSE 05:30 | 01 Jan LKP Finance Ltd
OPEN 108.25
PREVIOUS CLOSE 107.85
VOLUME 152
52-Week high 221.00
52-Week low 92.50
P/E 3.11
Mkt Cap.(Rs cr) 136
Buy Price 108.25
Buy Qty 15.00
Sell Price 111.00
Sell Qty 11.00
OPEN 108.25
CLOSE 107.85
VOLUME 152
52-Week high 221.00
52-Week low 92.50
P/E 3.11
Mkt Cap.(Rs cr) 136
Buy Price 108.25
Buy Qty 15.00
Sell Price 111.00
Sell Qty 11.00

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 2,50,000 cumulative redeemable preference shares of Rs 100 each aggregating Rs 2,50,00,000, 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.