Beryl Securities Share price

Beryl Securities Limited was incorporated as a Limited Company on 20th December 1994 and the Certificate of Incorporation was issued by the Registrar of Companies Madhya Pradesh at Gwalior and theCertificate of Commencement of Business was obtained on 2nd January 1995.The company has been promoted by Mr. Sudhir Sethi and Mr. Sanjay Sethi. Since incorporation the company ismainly engaged in fund based activities.PRESENT BUSINESSThe present business of the company is grouped as under;a) Providing short term finance loans and advancesb) Bill discounting and other instrument discountingc) Securities trading of Indian Companiesd) Arrangement of financee) Investment in real estate as well as Indian Companies.The company has many reputed firms and individuals as itsclients. Now the company plans to expand its operations toinclude more sophisticated activities ;a) Leasing and Hire Purchaseb) Investment and Dealing in securities on large scalec) Bill DiscountingThe Company now plans to expand and diversify its businessactivities to suit the changed business environment of thecountry Economy after the liberalisation with the fastergrowth and development of Trade and Industry. The role of non-Banking finance Companies is increasing day by day asthere NBFC are providing Finance faster and renderingpersonalised prompt services. Further with the economicliberalisation the amounts for finance and finance servicesare increasing.The Details of the disbursement maderecovery percentageBad Debts and the income earned from the date ofincorporation till 15th September 1995 are as under : (Rs. in Lacs)-----------------------------------------------------------Activities Total Recovery Bad Income Amount percentage Debt. earned Disbursed-----------------------------------------------------------1. Short Term 11.45 100% NIL 2.06 Finance2. Hire Purchase 33.00 100% NIL 4.95 Finance-----------------------------------------------------------Total 44.45 7.01-----------------------------------------------------------Investment Policies and PowerThe company proposes to invest in shares/securities ofcompany including new issue based on careful research andanalysis the activity Tract record and management of thecompany.After in depth analysis by the research department theinvestment decision are made by a committee comprising ofMr. Sudhir Sethi and Mr. Satya Narayan Sharma.Moreover the company deploy its funds from time to time inquoted blue chip shares and constantly review itsinvestment in shares to channelise investment into moreprofitable avenue.