Apollo Finvest (India) Ltd

Apollo Finvest (India) Ltd (512437)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-8.7 %
3 Month Return7 %
1 Year Return9.8 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 404
Rank 420
Rank 469
Dividend Yield
Rank 113
Rank 36
Price To Book Ratio
Rank 313
Debt To Asset
Rank 450

Company Information

Incorporated on 29th July 1985 as a public limited company Apollo Finvest India Ltd formerly knwon as Apollo Mercantiles Limited and obtained Certificate of Commencement of Business 10th December 1985. The Company was engaged in trading and agency business in Telecom and Telecom related products and then diversified its business to Financial Services. Subsequently the name of the Company was changed to the present one promoted by Ramesh R. Innani. Company presently engaged in a comprehensive range of activities like Marketing of Telecom Products and pipes to companies like Birla 3M Ltd. Arvind Mills Zenith Ltd. etc. Providing Leasing and Hire Purchase Finance on flexible terms Merchant Banking activities like mobilisation of funds extending underwriting support etc. bills discounting and money market operations Investment in debt and equity instruments and portfolio management and dealing in OTC Exchange of India.Board of Directors of the Company has taken a policy decision to invest the funds of the Company in Fixed Income bearing securities such as Preference Shares yeilding Tax Free Dividend units of Birla Mutual Fund and Secured Loans to financially sound parties. Company also working out policy to reduce over a period of time its high exposure in Long Term Investment of Equity Shares except blue chip companies so to move the funds towards Fixed Income Bearing Securities.
OrganisationApollo Finvest (India) Ltd