ADCON CAPITAL SERVICES LI Share price

Adcon Capital Services Limited was incorporated on July 281994 as Public Limited Company under the Companies Act 1956with the Registrar of Companies at Gwalior. The company hasobtained Certificate of Commencement of Business from theRegistrar of Companies at Gwalior dated 13th October 1994.Present OperationsThe Company is currently engaged in providing corporateconsultancy covering company formation capital restructuringtax planning etc. project consultancy covering preparation ofproject report assisting the clients in getting the projectappraised loan syndication and other activities related topublic issues. The Company has applied to Securities & ExchangeBoard of India (SEBI) for Category II Merchant Banker vide itsletter dated 27.09.1994.The Company has many reputed companies and individuals as itsclients. Now the Company plans to expand its operation toinclude more sophisticated activities like Fund based activitiesMerchant Banking Services.SWOT ANALYSIS OF THE COMPANYSTRENGTH* Financial Sector a trust area and a rapidly growing industry.* Promoted by professionals with considerable experience infinancial sector.WEAKNESSCompany being in the business of finance is exposed to thecredit risks which is inherent in this line of business.In the absence of any financial stake of any financialinstitutions/ banks the monitoring and deployment of funds areraised through this issue are left entirely to the management ofthe company.OPPORTUNITIES* As a result of development and maturing of primary andsecondary market a large number of first generationentrepreneurs will be able to render personalized services tolarge number of emerging corporate clientele .* The capital market is booming and provides tremendousopportunities for profitable investments in secondary and primarymarkets as well as in trading in shares and securities.THREATSThe Company is likely to face competition from new companies/in addition to the existing players in the financial services.MAIN OBJECTS OF THE COMPANYThe main objects of the Company are as set out in the Memorandumof Association of the Company to be pursued by the Company anits incorporation are the following :1 . To carry on the business of Merchant Banking InvestmentFinance and Leasing Company and to buy sell invest inacquire hold underwrite sell or otherwise deal in all kindsof shares stocks debenture debenture stock bonds obligationsand securities of any kind issued or guaranteed by any Companyconstituted or carrying on business in India or elsewhere anddebentures debenture-stock bonds obligations and securitiesissued or guaranteed by any Government Central State DominionsSovereign Rulers Public body or authority Supreme Municipallocal or otherwise firm or person whether in India orelsewhere.2. To carry on business of financing industrial enterprises andto carry on the business of promoters Investment consultantsgeneral finance and investment subject to directions of ReserveBank Of India.3. To carry on all or any of the businesses & professions ofproviding services of all types including financial technicaladministrative marketing secretarial & other office servicesproviding of technicians scientist artist administrationsalesman economists accountants tax experts & of acting asrecruitment agents advertising agents organisers ofconferences auctioners trustees executors administratorsattorneys nominees receivers secretaries & agents.