Generic Engineering Construction And Projects Share price

Welplace Portfolio & Financial Consultancy Services Limitedwas incorporated on 31st October 1994 as a Public LimitedCompany and it commenced operations in November 1994.WPFCSL has been promoted by Mr. Hiren Kothari with the aimof providing professional financial services to the IndianCapital Market. The Company is engaged in trading inequity shares and providing financial services to thecorporate sector and the individual investors.The Company commenced its business in trading equity sharesin November 1994 and decided to expand its scope ofactivity in April 1995. The Company is already providingCorporate Services such as Placement of IntercorporateDeposits arranging bridge loans. Besides the Company isalso engaged in Marketing of Public Issues and Lease andHire Purchase.Now the Company has made out a major expansion programmestrengthening the above said activities and to enter thelucrative area of Leasing and Hire Purchase. CURRENT ACTIVITIES OF THE COMPANY:EQUITY TRADING Mr. Hiren Kothari Promoter of the Companyand Mr. Chandraprakash Chaturvedi Chairman of the Companyare Brokers of Bhubaneshwar Stock Exchange. They areactive in Equity Capital segment since more than decade andare having vast experience in trading in Equity. As TopManagement of the Company has the expertise to analyse andidentify short-term growth-oriented scrips it hascommenced activity of trading in equities since inceptionof the Company. In respect of investment in the sharesthe Company is having prudent investment policies backed byresearch and detailed information about the industry andwide and diversified portfolio for risk-free return to themanagement.The Company within a short span of five months of operationhas generated an income of Rs. 15.52 Lacs and profit ofRs.17705 for year ending 31st March 1995.CORPORATE SERVICES WPFCSL is already engaged in corporateservices such as placement of Bill Discounting Intercorporate Deposits and arranging for bridge loans and leasefunds. Now it is actively pursuing to enhance business inthe areas of project funding arrangements bridge loans andfinancial institutional loans.