Market Creators Share price

The Company was incorporated as a public limited company withthe Registrar of Companies (Gujarat) Ahmedabad on 1/11/91. TheCompany obtained certificate for commencement of business fromthe Registrar of Companies (Gujarat) Ahmedabad on 11/11/91.After receiving the certificate of commencement of business thepromoters set the process of registering as Category I MerchantBanker unit with Securities and Exchange Board of India. Thiswas received on 16/9/1993. The company during the interveningperiod engaged into Financial and Project Consultancy business.Since 16/9/1993 the Company engaged itself in to full range ofFinancial Activities both fund and Non-fund based. It took upleasing as part of its activities. However as part of thestrategic move by the Company to enroll itself as a member ofNATIONAL STOCK EXCHANGE OF INDIA the entire fund basedactivities such as Investment Inter Corporate Deposits Leasingbusiness was transferred to the subsidiary of the Company w.e.f30/4/94. The Company has now entered into Joint venture withMani Market Creators Limited where by though both Companieswould be engaged in its own independent names their respectivefund based and non fund based businesses the activities beingmutually supportive would be part of a join venture. TheCompany is presently engaged in NON FUND BASED activities such asMerchant Banking Operations Project Finance ManagementConsultancy etc. and MANI MARKET CREATORS LIMITED shall beengaged in Fund Based Business Investment in Secondary MarketOperations Bought Out Deals Lease Financing Hire PurchaseFinancing Bill Discounting Foreign Exchange ConversionOperations etc. Promoters of the company have been associatedwith about TWENTY FIVE Public Issues in various capacities asManagement Consultants Co-Managers etc. and Since 1986 they havemobilsed a capital outlay of Rs. 228.05 Crores. In the year93-94 (16/9/93 to 31/3/94) the Company has managed Six Issuesmobilsing a Capital of Rs. 69.16 Crores and upto 31/8/94 hasmanaged Nine issues mobilising capital of Rs. 91.67 Crores andas on 31/12/94 the figure stands at Thirteen issues withmobilisation of capital of Rs. 133.49 crores. Joint Venturehave already deployed Rs. 545 Lacs in the fund based business.Company has assignment including project costing of Rs. 113.34crores for which it has already approached SEBI and has mandatefor Rs. 597.00 crores.The Company is also admitted as a Member of NATIONAL STOCKEXCHANGE OF INDIA LIMITED in CAPITAL MARKET SEGMENT and hasapplied to be a SPONSORER member of OVER THE COUNTER EXCHANGE OFINDIA."Company has started providing knowhow for setting up MerchantBanking organisation in the country. Company is well equippedwith team of professional to provide knowhow to the new entrantsin the field of Merchant Banking and allied services whichincludes training of professionals in the area of Public IssueManagement and matter related to Registrars Work."