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The Company was incorporated as a private limited company under the name Farry Leasing & Hire Purchase Private Limited on 7th December 1990 with the primary purpose of tapping a huge market in finance at the disposal of the promoters. An informal survey prior to incorporation had revealed a rich potential in the field of Hire Purchase and Lease Finance as well as financial services. The Company was thus formed and operations started in December 1990 itself with the initial funds put in by the promoters. Over the years the vision of the promoters has proved correct as the market for finance and financial services has widely broadened and deepened by and by. The Company became a Public Limited Company on 23.9.94 and on 25.11.94 its name was changed to the present name Farry Industries Limited.