Parsoli Corporation Ltd

Key Stats

Day's Price Range
52-Week Price Range

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 241
Rank 254
Rank 187
Dividend Yield
Rank 16
Rank 426
Price To Book Ratio
Debt To Asset
Rank 119

Company Information

Promoted by Z Y Sareshwala Parsoli Corporation Ltd earlier known as Parsoli Capital Finance was incorporated in Nov.90 as Parsoli Investment Trading Company. The name of the company was changed to its present one in Sep.94 and subsequently in Oct.94 it was converted into a public limited company. Initially the company was engaged in the business of stock broking share shop and share market related activities. Share shop is an open window for spot buying and selling of shares. It provides a bridge loan from the date of sale of shares till the payment is actually received by the company from the broker.PCL went public in Feb.95 with its maiden issue to augment funds to expand and diversify its capacities in fundbased and nonfundbased activities like leasing and hirepurchase capital market operations investment in primary and secondary capital markets bridge loan equity assistance to investors intercorporate deposits merchant banking project consultancy loan syndication etc. The company has installed a modem for ICNET and Email services.Currently the company carries on business mainly through a network of subbrokers in and around Ahmedabad. Apart from the subbroker network it is concentrating on highnetworth clients in Ahmedabad and Mumbai. PCL is setting up a working arrangement with AlRaee group of Saudi Arabia to cater to the needs of nonresident Indians.
OrganisationParsoli Corporation Ltd