Systematix Corporate Services was incorporated in Aug.'85 under the name Systematix Consultancy Services. It became public and its name was changed to the present one in 1993. It was promoted by A K Sethiya & Uttam Chand Nahar. It is engaged in project consultancy, arranging financial assistance for clients from state-level financial institutions and all-India financial institutions. The company is also engaged in leasing and hire purchase, bill discounting, intercorporate loans and deposits, placement of shares, management of public issues, etc. It came out with a public issue in Apr.'94 to raise resources for a proposed enhancement in leasing and discounting facilities and to establish offices with the necessary infrastructure in Mumbai, Ahmedabad, Jaipur, Delhi and Calcutta.