Shalibhadra Finance Share price

Shalibhadra Finance Limited was incorporated as a PublicLimited Company on January 16 1992 and obtainedCertificate for Commencement of Business on January 231992 under the Companies Act 1956. Its Registered Officeis at 103 Rewa Chambers 31 New Marine Lines Bombay 400020. Tel : 203 1110 203 5934; Fax : +91 (022) 206 3289.SUBSIDIARY OF THE COMPANYThe company does not have any subsidiary companies.PRESENT ACTIVITIES OF THE COMPANYThe company is presently engaged in Capital MarketOperations Financial advising services and Syndication offunds. On a Equity Capital base of Rs.5 Lac as on31.3.1994 the company has earned a net profit of Rs.9.55Lacs and the Earnings per share (EPS) on Rs.10/- paid-upshare works out to Rs.19.09. For the half year ended 30thSeptember 1994 the company earned a net profit of Rs.6.54Lacs and the EPS works out to be Rs.26.18 on an annualisedbasis. With the increase in capital base and the leverageavailable to the company for tapping outside funds thecompany would be able to substantially increase the fundbased activities thus contributing to the profitabilityof the company.The company plans to enter/expand the business of LeasingHire Purchase Bill Discounting Financial ConsultancyCapital Market Operations Merchant Banking. The companyplans to apply to SEBI for registration as Merchant Banker.After the public issue the promoters plans to stop theoperations in the associate concerns doing similaractivities to avoid conflict of business interest.