SVA India Share price

The Company was promoted by the House of Manglas andincorporated on 27th April 1981 as SVA Udyog ViniyogLimited and obtained its certificate of commencement on11th May 1981. The Company offers various kinds offinancial services imports and exports FinancingIndustrtal Enterprises Investments Trading etc. TheCompany has been a Merchant Exporter since last five yearsdealing in items such as Pharmaceuticals ChemicalsSpices Marbles products etc. The Company has been involvedin providing basic infrastructure to various industrialhouses by giving warehousing facility at various industrIalzones. To suit the requirement of the client the Companyoffers warehousing facilities of different kinds such asopen warehousing space closed ware-houses air-conditionedwarehouses to store perishable commodities etc. The Companywas promotad by Mr. M. P. Gupta Mr. S. K. Gupta and Mr. V.K. Gupta of Mangla group. The Mangla group has variedinterest in export import financial services realestate etc.The Company has obtained category II Merchant Bankingstatus in November 1993. Since then the Company has beenactively involved in handling public and rights issues asCo-managers advisors underwriters project counsellorsetc. The other activities in the Merchant Banking Divisionare syndication of Bridge loan marketing NRI and otherfirm placements etc. As per Prime ranking the Company isranked 55th in amount underwritten and 37th in contingentamount underwritten during the period April to December1994. During this period it has underwritten 104 issuesaggregating to Rs. 98050000 and 7 issues contingentlyunderwritten aggregating to Rs. 19890000. The Companyis also ranked 3rd amongst Category II Merchant Bankers inassociation with mobilizing funds from the capital market(Source : Prime Statement from April to December 1994). TheCompany''s corporate division has been active in mobilizingfor its clients Intercorporate Deposits counselling incapital structuring catering to the short term long termresources requirements loan syndication etc. Tha consumerhire purchase division has contracted more than two hundredand fifty finance agreements of various consumer durablesthrough it chain of dealers. The Company has also enteredinto various lease deals and has a list of establishedcorporate clients.SUBSIDIARY COMPANIESThe Company does not have any subsidiary.