Dynamic Portfolio Management & Services Share price

Dynamic Portfolio Management & Services Ltd. wasincorporated as a Public Limited Company having itsRegistered Office at Calcutta in West Bengal on 11th May1994. The Company received the certificate ofcommenncement of business on 23rd May 94.The company presently has an issued subscribed and paidup capital of 1446000 equity shares of Rs.10/- eachaggregatrng to Rs.144.60 lacsThe company being in the nonbanking finance sector. isengaged in a comprehensive range ot financial services likeinvestment in sharesinvestment udvisory services etc. Thecompany intends to diversify into providing core financialservices like issue management portfolio monagement sharediscounting. leasing etc It has recently set up anequity research cell for conducting research on primary andsecondary market.2. MAIN OBJECTS OF THE COMPANYThe main Objects to be pursued by the company on itsincorporation as set out in its memorandum of associationare inter alia as under;1. To provide financial services advice and facilities ofevery description induding (but without limiting thegenerality of the foregoing worde) all those capable ofbeing provided by merchant banker. stock brokers adviserspromoters and ista''nagers of unit trusts and trusteesinsurance brokers issuing houses monetary agentsinvestment consulants and financiers and to promote theformation and mobitisation of capital to manage capitalsavings and investment to negotiate loans of everydescription to raise venture capital or manage the issueof shares or other securities to undertake advisory andcounselling services to provide loan syndication torevolve investments and to carry on business of foreignexchange broking dealing in securilies licenses import andexport entitement certificates scrips and other similarinstrument and to act as registrar and transfer agents ofshares and securities and to issue accept''and register alltypes of instruments and to acquire membership/dealershipof any bodies/institution which regulates primary/secondarymarkets including OTC Exchange of India and to carry onsuch other functions as these institutions may prescribe.2. To carry on business either singularly or jointly withothers as franciers of imports exports trade industrymining agriculture horticulture plantation forestry andother economics activities whatsoever deal in anddiscount bills promissory notes hundies chequeswarrants coupons comercial papers and other negotiableand transferable instruments licences optionsprivileges bookdebts claims choose in action andcontracts as investors lenders borrowers lessorslessees hire purchasers sellers on hire mortgagerssurities representatives agents brokers dealers insecurities capital market operators custodians.Registrar and share tranfer agents trustees executorsreceivers atomeys ominees negotiators arbitratorsissue advisors and consultants in investments financialmanagement technical operational and othet fieldsoperators of safe deposit vaults to negotiate procure andguarantee the procurement of loans funds and subscriptionsfor securities mortgages leases and obligations to carryon the business in indemnities to advance deposit andlend and to accept advances and loans to execute trustsand to deal in reversionary contingent and other rightsand interests to carry on all or any of the businessconnected with real estate as valuers surveryorsinspectors to supply provide maintain and operateservices facilities conveniences bureaus and the likeproviding general administrative commercial financialtechnical placement credit taking information to floatpromote form subsidies assist receive work performundertake and direct the formation supervision and controlof any business enterprise or operation to carry on thebusiness as buyers sellers importer exportersmanufactures producers processors growers and dealers incapital goods and other merchandise and products jewelleryprecious stones minerals metals curios artifacts andarticles of virtue arts and antiquities and aswarehousemen and stevedors.3. CURRENT BUSINESSThe company is presently engaged in trading and acomprehensive range of financial services which include thefollowing:.a) Dealing in Shares and Securities:The Company invests in Shares and Securities on its own onthe basis of indepth study of scrips and the industry. TheCompany has already made an investment of Rs.86 lacs inShares & Securities of various Companies both in primary aswall as secondary markets.b) Equity Research:The Company provides Equity Research reports to its clientswho take their investment decisions based on these reports.The funds deployed in various activities as on 30.11.94 isas under: (Rs in Lacs) Fixed Assets 6.03 Share Investments 85.73 Loans Advances & Deposits 56.09(includes share application money for various public issues of Rs 56.00 lacs)4. SUBSIDIARIES OF THE COMPANYThe company does not have any subsidiary company.