SWADHA NATURE Share price

MS Securities Limited was incorporated on 12th February1992 and obtained the Certificate of Commencement ofBusiness on 13th February 1992 from the Registrar ofCompanies (ROC) Bihar at Patna.Present BusinessThe Company is a Non-Banking Finance Company (NBFC) andis governed by the Non-Banking Finance Companies (RBI)Directive 1977 issued by the RBI. Presently the Companyis offering services in the following areas :a. Sub-underwriting : The Company undertakessubunderwriting of primary market issues after each issueis analysed by its executives. It enters into an agreementwith the underwriter and the same is documented. Thecompany has undertaken this activity since the financialyear 1993-94 and has sub-underwritten a sum of more thanRs.6 crores without facing any devolvement. The Companyhas been doing sub-underwriting since the financial year1992-93.b). Financial Consultancy: The Company providesconsultancy to its clients on the basis of research andanalysis of the investment opportunities carried outin-house. Apart from high networth individuals the clientsinclude Public Sector Units for investment in ProvidentFunds. This activity is being carried out since inception.c. Project Consultancy: The Company advises its clientsregarding business ventures in line with the latestgovernment policies and the prevailing Economic environmentand also helps them in identifying such opportunities. TheCompany has been into Project Consultancy sinceinception.d. Resource Mobilisation: The Company is engaged inmobilising funds for the primary market since inception. Inthe past it had mobilised funds in co-ordination withleading primary market brokers of Calcutta and Bombay. TheCompany utilises the services of its wide marketing networkcomprising of 923 agents.SUBSIDIARIESThe company does not have any subsidiaries.