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Upasana Finance Ltd.

BSE: 511764 Sector: Financials
NSE: N.A. ISIN Code: INE819K01014
BSE 00:00 | 19 Aug 42.00 0.35
(0.84%)
OPEN

44.80

HIGH

44.80

LOW

41.00

NSE 05:30 | 01 Jan Upasana Finance Ltd
OPEN 44.80
PREVIOUS CLOSE 41.65
VOLUME 4987
52-Week high 69.95
52-Week low 31.00
P/E 116.67
Mkt Cap.(Rs cr) 18
Buy Price 35.05
Buy Qty 5000.00
Sell Price 41.80
Sell Qty 100.00
OPEN 44.80
CLOSE 41.65
VOLUME 4987
52-Week high 69.95
52-Week low 31.00
P/E 116.67
Mkt Cap.(Rs cr) 18
Buy Price 35.05
Buy Qty 5000.00
Sell Price 41.80
Sell Qty 100.00

Upasana Finance Ltd. (UPASANAFINANCE) - Company History

Upasana Finance was promoted by the TVS family in Jan.'85 under the name of Upasana Finance Pvt Ltd with a share capital of Rs 5 lac. Subsequently, it became a deemed public company and the share capital increased to Rs 30 lac. The name of the company was changed to UFL in Jan.'95. UFL has been in the business of leasing, hire-purchase and fixed deposits. It went public with its maiden issue at a premium of Rs 25 to strengthen the capital base and fund expansion in hire-purchase and leasing. The promoters' holding after the issue stood at 70.13%. The company expanded its services in the areas of merchant banking, capital restructuring, funding options, underwriting, investment advisory services and non-fund-based operations.