Som Datt Finance Corporation Ltd (511571)

Som Datt Finance Corporation Limited was incorporated in October 1993. The Company is carrying on the proprietary investment activity in stocks and securities. It diversified into project consultancy loan syndication bill discounting financial and advisory services and motion and general insurance. In 199495 the Company got registration from SEBI as CategoryI Merchant Banker. The company came out with a public issue in Sep.94 to consolidate its capital base and augment its longterm resources in the form of equity capital and to increase its borrowing capacity by enhancing its net worth.During the year 19992000 the company has signed an MOU with M/s Soft Electronics Co.SOFT for forming a joint venture to establish Education / Training Centre in the field of information technolgy sector. The company has decided to enter into insurance sector as an agent and also planning to take up dealings in derivatives/future segment in the Stock Exchange.The Company invested a sum of Rs.51 lacs the Capital of M/s. Som Datt lnfosoft Pvt. Ltd. acquired for the purpose of becoming the member of National Commodity Stock Exchange NCDEX during the year 200304.In 201920 the Company sold its entire investment in Som Datt Infosoft Private Limited and accordingly the said Company ceased to be its subsidiary Company effective from April 24 2019..

Share Price: ₹135.95 per share as on 17 May, 2024 04:01 PM
Market Capitalisation: ₹133.03Cr as of today
Listing date: 08 Sep, 1995
Chairperson Name: Bhaskara Rao Bollineni