Optiemus Infracom Share price

Akanksha Finvest Limited (AFL) was incorporated on 17th June1993 as a Public Limited Company under The Companies Act 1956with its registered office at New Delhi. The certificate forcommencement of Business was obtained on 9th July 1993. TheCompany was promoted with the main object of providing variousfinancial services it is presently engaged in the following:1. Leasing(i) The Company is already engaged in leasing of Heavy MotorVehicles and proposes to enter into Leasing of industrialequipments and Plant & Machinery with a focus on heavy and lightmotor vehicles energy efficient devices and pollution controlequipments. Its present lease portfolio is performingsatisfactorily with no defaults. The fund requirement forLeasing in the first year is estimated at 100 lacs. Initiallythe Company would be deploying a part of its resources inleasing with more of tax planning objectives. The Companymanagement has good contacts with prominent industrial groupsin Delhi Haryana & U. P. and intents to deploy this amount inleasing at competitive rates. The Company''s policy would be tominimise credit risk by spreading the number of lesees andgoing for health code I parties even if it means lower marginof profit.2. Equity Trading:The Company is active in the primary and secondary equitymarket based on detailed research of companies and industries.The Company identified the scrip for short term & long terminvestments. The investment scripwise are revived periodicallyto ensure that they are within the parameters of the Companywhich are laid down as part of the risk management systems andalso to aid ''buy/sell/hold'' decision making.3. Equity Research:The Company has developed a full fledged research team headed byMr. Suresh Garg FCA member Delhi Stock Exchange AssociationLtd. and assisted by Mr. Vijay Agarwal ACA and support staffwhich currently focuses on various industries and companies forspecific investment opportunities. This team uses a large database of Company reports stock market bulletins economic andindustrial forcasts corporate newsreports to technical andfundamental analysis of scrips. It has helped in maintaining asteady information flow to various institutional investors aspart of the overall distribution efforts of the Company.4. Loan Syndication:The Company is presently engaged in syndication of Loans LeaseIntercorporate Deposits and other non-fund based activities.The Company has already syndicated ICD''s to the tune of Rs. 135lakhs for leading companies like Shaw Wallace & Co. Ltd.Kajaria Ceramics Ltd. etc.