JUST IN
You are here » Home » Companies » Company Overview » Sakthi Finance Ltd

Sakthi Finance Ltd.

BSE: 511066 Sector: Financials
NSE: SAKTHIFIN ISIN Code: INE302E01014
BSE 00:00 | 27 May 23.95 1.45
(6.44%)
OPEN

22.50

 HIGH

24.75

 LOW

22.50
NSE 05:30 | 01 Jan Sakthi Finance Ltd
Add to Watchlist  |   Add to Portfolio
OPEN 22.50
PREVIOUS CLOSE 22.50
VOLUME 13350
52-Week high 32.50
52-Week low 14.55
P/E 16.29
Mkt Cap.(Rs cr) 155
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 22.50
CLOSE 22.50
VOLUME 13350
52-Week high 32.50
52-Week low 14.55
P/E 16.29
Mkt Cap.(Rs cr) 155
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Sakthi Finance Ltd. (SAKTHIFIN) - Company History

Promoted by N Mahalingam in 1955 as The Pollachi Credit Society Pvt Ltd the name was changed to Sakthi Finance (SFL) in 1967. N Mahalingam is the chairman and M Balasubramaniam is the managing director.SFL is in the business of mobilising deposits hire-purchase financing and leasing of vehicles machinery mortgage financing renting out safe deposit lockers etc. In Apr.'93 it came out with a rights issue of 32.1 lac equity shares (premium : Rs 20) aggregating Rs 9.63 cr. The issue was to partly meet the Rs 66 cr required for deployment in hire-purchase and leasing.SFL has drawn out plans to increase deployment further. It will lay more emphasis on truck finance as demand for commercial vehicles is showing an upward trend.SFL is a category-I merchant banker and has received a licence from SEBI in 1994. Hire-purchase is the company's principal line of business.The total deposits with the company as on 31.03.2001 stood at Rs.115.38 crores as against Rs.126..34 crores in the previous year.

Browse STOCK Companies

Quick Links for Sakthi Finance:

.