India Finsec Share price

The Company was incorporated as Dynasore Leasing and Holding Private Limited on August10 1994 under the Companies Act 1956 bearing Registration No. 060827 having its Registered Office in Delhi. In pursuance to a special resolution passed by the members of our Company at the EGM held on December 09 2011 the name of the Company was changed to India Finsec Private Limited. A fresh Certificate of Incorporation consequent to change of name was issued on December 14 2011 by the Registrar of Companies New Delhi. Later the Company became a Public Limited Company pursuant to a special resolution passed by the members of the Company at the EGM held on December 19 2011. A fresh Certificate of Incorporation consequent to conversion to a public limited company was issued on January 09 2012 by the Registrar of Companies New Delhi. The Company?s Corporate Identity Number is U65923DL1994PLC060827 and its Registered Office is situated at D-16 First Floor Above ICICI Bank Prashant Vihar Sector 14 Rohini New Delhi - 110085 The company was originally incorporated by Mr. Manoj Kumar Dixit and Mr. Bhushan Kumar Singh however it is currently promoted and controlled by Mr. Gopal Bansal and Mr. Mukesh Sharma. The Company was registered as a NBFC with RBI under the name Dynasore Leasing & Holding Limited to carry on NBFC Activities under Section 45(1A) of the Reserve Bank of India Act 1934 bearing Registration no. B-14-00127 dated February 21 2002. Later a fresh certificate was issued by RBI dated March 09 2012 consequent to change of name of the company to India Finsec Limited. The Company a Non Deposit taking Non-systemically Important Non Banking Finance Company (NBFC-ND-NSI) engaged primarily in the business of advancing loans and investing/trading in securities. Company has been running on a modest operating scale till 2012 however post the induction of Mr. Gopal Bansal a Chartered Accountant by Qualification the compny commenced a process of improving our internal systems including but not limited to Trading Strategies Financial Discipline and better utilization of our fund based portfolio through which we have posted a Net Profit before tax of Rs 125.76 lacs for the nine months period ended December 31 2012 and out loan book stood at Rs2933.17 lacs. We propose to increase our operating efficiencies and scale and plan to become a notable player in the Finance and Investment Field in India.Major events in the history of our Company: 1994- Incorporation of our Company 2002- Received RBI License to carry our NBFC Activities (Non Deposit Taking Non Systemic) 2006- Current Promoter Mr. Mukesh Sharma was inducted on the Board2007- Change in Management 2012- Conversion of the Company into a Public Limited Company- Our Co-Promoter Mr. Gopal Bansal was inducted on the Board - Issue of Bonus Shares