Dharani Finance Limited was registered as a Public Limited Company on 10th May 1990. The Company was granted Certificate for Commencement of Business by the Registrar of Companies, Chennai on 25th June 1990.
The authorised capital at the time of registration was Rs. 1 Crore. It got subsequently raised to Rs.5 crores on July 28, 1993. The Company went for a public issue in 1994 to the extent of Rs.2.5 crores besides preferential allotment to promoters, directors and their friends and relatives to the extent of Rs.74.28 lakhs. The issue was over subscribed 1.81 times and the total paid up capital after issue was Rs.5 crores.
Due to entry of Banks, flush with low cost funds and ability to offer a variety of financial services, NBFCs , who were traditionally dominating the field of aut ...o loans, commercial vehicle finance, etc. were very much affected and their survival became a major issue.
The Company is facing these problems for the last few years. Activities on the financial side have considerably come down due to banks entering into these fields. It has therefore diversified into other activities like running a travel agency. It is registered with IATA as Travel Agency. The Company acquired cars and other vehicles and the travel operations were made profitable. It had tie up with Le Royal Meridien, a Five Star Deluxe Hotel in Chennai, for exclusive provision of tourist cars, looking after travel arrangements, air ticket booking for the hotel guests.
1. Can I buy Dharani Finance Ltd from PL Capital? ›
Yes, you can invest in Dharani Finance Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Dharani 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 Dharani Finance Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Dharani Finance Ltd pay dividends? ›
Dharani 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 Dharani Finance Ltd ? ›
As of
06-11-2025 the share price for Dharani Finance Ltd. is 13.54 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Dharani Finance Ltd ? ›
The 52-week high and low of Dharani Finance Ltd share price is ₹ 8.54 - ₹ 17.99 as of
06-11-2025 .
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