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Siddha Ventures Ltd.

BSE: 530439 Sector: Financials
NSE: N.A. ISIN Code: INE140C01012
BSE 00:00 | 20 Sep 2.35 -0.12
(-4.86%)
OPEN

2.58

 HIGH

2.58

 LOW

2.35
NSE 05:30 | 01 Jan Siddha Ventures Ltd
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OPEN 2.58
PREVIOUS CLOSE 2.47
VOLUME 18227
52-Week high 2.90
52-Week low 0.95
P/E 0.93
Mkt Cap.(Rs cr) 2
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 2.58
CLOSE 2.47
VOLUME 18227
52-Week high 2.90
52-Week low 0.95
P/E 0.93
Mkt Cap.(Rs cr) 2
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Siddha Ventures Ltd. (SIDDHAVENTURES) - Company History

Part of the IFB group IFB Securities was incorporated as a public limited company in Nov.'91. It is involved in investment activities and financial services. The company has been jointly promoted by IFB Industries and Bijon Nag the promoter of the IFB group of companies which includes IFB Industries IFB Agro Industries and IFB Leasing & Finance.To expand its investment activity the company made its maiden public issue in Dec.'94. It raised money to increase its investment exposure to finance the deposit/advance for receiving the NSE membership and to invest in two associate companies.IFB in association with a member of the Calcutta Stock Exchange (50:50 stake) has floated CPL Securities. This has since received corporate membership of the Calcutta bourse. The company has bought a 65% stake in Cantor Capital Corporation US a member broker of NASDAQ which helps it play a pivotal role as a broker especially for US-based FIIs. In Sep.'95 the company obtained the OTCEI dealership.

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