VLS Finance Ltd
VLSF

VLS Finance Ltd (VLSFINANCE)

₹155.856.96%

Key Stats

₹146.5
Day's Price Range
₹158.6
₹130.2
52-Week Price Range
₹233.95
1 Month Return-0.42 %
3 Month Return-9.65 %
1 Year Return-33 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 34
2.67
EPS
Rank 37
₹54.38
BVPS
Rank 37
₹626.89
Dividend Yield
Rank 43
1.84%
ROE
Rank 70
19.23%
Price To Book Ratio
Rank 41
0.23
Debt To Asset
Rank 266
0.22

Company Information

Incorporated in Jan.86 as Vardhman Leasing and Services a public limited company VLS Finance VLSF got its present name in Sep.94. Its activities include credit operations which covers leasing hirepurchase ICDs merchant banking treasury consultancy services international finance etc. It came out with its maiden public issue in Feb.93. It came out with another public issue in Dec.94 at a premium of Rs 390. The company formed VLS View Asset Management in 199495 to set up a mutual fund which has started its operations in collaboration with the VIEW Venture Investors in the Emerging World group of Boston US. Another company VLS Securities was also formed to operate in the primary and secondary markets. For this the company has acquired membership of the NSE and is considering joining other stock exchanges as well. In 199596 the company formed two whollyowned subsidiary companies in Luxembourg VLS International and VLS IRIS India Advisory. Funds to the extent of USD 1.25 mln have been invested in the equity of VLS International. It took up various activities like investment banking distribution and marketing of Indian issues project finance and debt syndication venture advisory services and corporate advisory services etc in overseas markets. VLS IRIS India Advisory is the investment advisor of the IRIS India Fund which primarily invests in the Indian sercurities.Company has also been granted certificate of Registration as Non banking Finance Company by RBI. Reserve Bank of India has remove the ceiling on bank credit in respect of all registered NBFCs engaged principally in Leasing HirePurchase Loan and Investment activities. Now Bank also provide finance as per loan policy this will help to improve the outlook of business of viable and efficient NBFCs.
OrganisationVLS Finance Ltd
HeadquartersNew Delhi
IndustryFinance