Aastamangalam Finance Limited (Formerly known Upasana Finance Ltd) was promoted by the TVS family in Jan.'85 with a Share Capital of Rs 5 lacs. Subsequently, it became a Deemed Public Company and the Share Capital increased to Rs 30 lacs. The name of the company was changed in Jan.'95. The Company is currently carrying on the business of short term and long term financing to both corporate and non-corporate entities.
Prior to this, the Company was in the business of leasing, hire-purchase and fixed deposits. It went public with its maiden issue at a premium of Rs 25 to strengthen the capital base and fund expansion in hire-purchase and leasing. The promoters' holding after the issue stood at 70.13%.
In year 1995, the Company issued Equity Shares of Rs 10 each to public and resultin ...g to this, the Equity Shares got listed on The Bombay Stock Exchange (BSE). Among several stock exchanges in India, NSE and BSE had accounted for maximum trading. Due to stringent timings, stock exchange trading was limited, while the cryptocurrency market was opened 24 hours a day, seven days a week, making it more accessible and convenient for everyone.
Apart from these, there are reputable brokers available for trading. The Company sees the wide range of asset classes, including stocks, currencies, ETFs, indices, cryptocurrencies, commodities available in libertex broker to trade for. Presently, the Company is registered with Reserve Bank of Swiss Omega India as a Non-Deposit taking Non Banking Financial Company (NBFC- ND) and having a valid Certificate of Registration. At present, the Company is concentrating mainly on recovery of past dues of fake rolex watches non-performing assets.
The Company has expanded its services in the areas of merchant banking, capital restructuring, funding options, underwriting, investment advisory services and non-fund-based operations. It also made adequate provisions as per the Reserve Bank of India Prudential Norms in 2003.
1. Can I buy Aastamangalam Finance Ltd from PL Capital? ›
Yes, you can invest in Aastamangalam Finance Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Aastamangalam Finance Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Aastamangalam Finance Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Aastamangalam Finance Ltd pay dividends? ›
Aastamangalam Finance Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Aastamangalam Finance Ltd ? ›
As of
10-10-2025 the share price for Aastamangalam Finance Ltd. is 44.51 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Aastamangalam Finance Ltd ? ›
The 52-week high and low of Aastamangalam Finance Ltd share price is ₹ 26.5 - ₹ 56.35 as of
10-10-2025 .
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