Wisec Global Ltd

Key Stats

₹4.52
Day's Price Range
₹4.52
₹0
52-Week Price Range
₹4.52

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 156
EPS
Rank 158
BVPS
Rank 136
₹6.82
Dividend Yield
Rank 53
ROE
Rank 159
Price To Book Ratio
0.66
Debt To Asset
Rank 97
0.32

Company Information

With the Indian economy opening up in 199192 the Gadgil Western group to make a concentrated effort in finance formed Western India Securities WISEC now called Wisec Global Ltd. The company obtained clearance from SEBI to become a categoryI registrar and commenced operations in 1992 initially from its registrar and share transfer agency division. By the end of 199293 the division currently called the share services division had created enough market awareness to help the company expand its client base.In 1994 it decided to steadily broadbase its activities to tackle the fast expansion and swelling competition in the financial sector. Since Apr.94 there have been five business divisions operating with a pragmatic mix of feebased and fundbased activities the share transfer agency investments and equity research corporate advisory division the treasury division the trade finance division and the stock broking division. This phase established the presence of WISEC in the identified areas and provided it with an opportunity to gain valuable experience.By the end of 199495 WISEC had achieved a sound infrastructure for its various activities. It ranks eighth in the share registrar business. It was awarded a credit rating of A by Credit Analysis and Research after a year of broadbased operations. The diversity of its operations helped especially during the year 199596 where severe liquidity crunch spiralling interest rates volatile money markets rupee depreciation and bearish stock market conditions adversely affected the performance of many NFBCs. Today there are two more divisions the leasing division and the international trade division. The company plans to reorient its business and add new synergistic lines of business.
OrganisationWisec Global Ltd
HeadquartersNew Delhi
IndustryIT - Software