Kinetic Trust Share price

The Company was incorporated under the name of KINETICTRUST LTD. on 12th August 1992 with the Registrar ofCompanies Punjab Himachal Pradesh & Chandigarh atJalandhar. The Company got the certificate of commencementof business on 18th of October 1992.KINETIC TRUST LIMITED was promoted to carry outcomprehensive Financial services and dealing in all kindsof securities. The Company has been promoted by a set ofhighly qualified professionals who have got a vastexperience and knowledge in the fields of Finance Taxation& Company Law Matters.The Principal Office of the Company is located at 1406Vikram Tower Rajindra Place New Delhi and the same wasrevalued by the Company on the basis of the report of M/sPrachar Associates Registered Valuer (CAT.I/151/1990) as on31/3/94. The net accretion to the Assets is Rs 2212000/-and the revaluation reserve to the extent of Rs 2212000/-was created. The value of the Building before therevaluation was Rs. 625000/- and after revaluation isRs.2837000/- as on 31/3/94.The Company was primarily engaged in buying & selling ofShares & Securities and providing Project ConsultancyServices including.a) structuring the financial pattern of the projectb)preparation of the project reports.With the opening up of the financial services sector theCompany foresees the significant growth potential in theactivities presently carried out/proposed to be carried out.PRESENT BUSINESSThe Company is carrying out investments in capital marketon its own behalf and is providing services to its clientsfor investing in capital market only in advisory capacity.The net profit after Tax for the year ended as on 31/03/95is Rs. 2.40. Lacs. The Company has also invested its ownfunds in various listed and unlisted Companies.SUBSIDIARIES OF THE COMPANYThe Company does not have any subsidiary.