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Abhinav Capital Services Limited

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Abhinav Capital Services Limited

Overview:

Financial Resources : The Company has sound financial position with good profitability. With respect to the company’s share capital and reserves the company’s net worth reported as on 30.06.06 is Rs 1285 Lacs. The company also has good creditors networks from where the company can arrange its financial requirements at reasonable rate of interest.

Management : The company is managed by Qualified professionals having vast experience in the Finance sector. The Qualifications and Experiences of the persons on board as given under management tab are key factors for the growth achieved by the company in recent period. The Management is strictly applying its internal control through optimization of funding costs, identification of potential business areas, widening geographical reach, use of technology, cost efficiencies, strict credit monitoring and raising the level of customer service.

Employees : The company has employed qualified professionals collecting & providing fundamental information to the management through research.

Customers : In recent years the company has focused on Inter Corporate Loans and Deposits, through which the company is getting good income. The Company has good customer network. The Credit worthiness of the customers is analyzed before giving such loans or deposits. Company is also collecting proper security documents against the loans or deposits from its customers.

History:

The company was originally incorporated as Abhinav Finex private Ltd. to carry on the business of financiers, to provide finance for companies, corporate bodies, Firms by way of advance, short term loans etc. in the year 1994 under The Companies Act, 1956.

In the year 1995 the company was converted in to a public limited company as Abhinav Finex Limited.

In the year 1996 the company commenced the activities of development of properties and resorts and with a view to reflect the true nature of the company, the name has been changed to Abhinav Homes & Resorts Limited.

In the year 1998 the company registered itself with RBI as a Non-banking financial company (NBFC) to garb the opportunities in the financial markets, and with a view to reflect the true nature of the company the name has changed to ABHINAV CAPITAL SERVICES LIMITED in 2006. At present Company's shares are listed in Bombay Stock Exchange Ltd., Ahmedabad Stock Exchange Ltd. & Madhya Pradesh Stock Exchange

Formerly known as: Abhinav Finex private Ltd.

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