GSB Finance Ltd
GSB

GSB Finance Ltd (511543)

₹9.27--

Key Stats

₹9.27
Day's Price Range
₹9.75
₹6.33
52-Week Price Range
₹15.44
1 Month Return3.34 %
3 Month Return26.98 %
1 Year Return4.15 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 404
EPS
Rank 420
BVPS
Rank 469
Dividend Yield
Rank 113
ROE
Rank 426
2.52%
Price To Book Ratio
Rank 313
Debt To Asset
Rank 450

Company Information

Incorporated in Nov.82 as Bimex Mercantiles GSB Finance had A K Khemka H V Jhunjhunwala and D K Sengupta as the first directors of the company. It was into finance leasing and investment in shares and securities.In May 92 the company decided to change its line of activity by setting up a minicement plant. Accordingly the name was changed to Ravi Cements and a fresh certificate of incorporation was obtained. Owing to the recession in the cement industry the company dropped the project of setting up a cement plant.In Aug.93 the board of directors was reconstituted with the induction of finance related professionals and G S Biyani was appointed as the chairman of the company. Consequently the companys name was changed to the present one thereby obtaining a fresh certificate of incorporation in Aug.93. At present the company is engaged in the business of finance investment and trading in shares and securities. In 1994 it came out with a public issue to augment longterm working capital and expand its fundbased activities.Company has done satisfying performance during the year 199899 although depressed condition prevailing in Capital Market. Company has achieved 35.88 lacs Profit as compared to Loss of Rs.54.43 lacs loss for previous year. Company has plan to shift its Registered Office to Mumbai to achieve more economy and efficieny in operation.During the year 19992000 due to the change in its accounting policy with regard to valuation of inventories resulted in lowering the profit by Rs.124.74 lacs.
OrganisationGSB Finance Ltd
HeadquartersMumbai
IndustryFinance