Hybrid Financial Services Limited, the flagship company of the Arvind Mafatlal group diversified into financial services in 1986 as Mafatlal Finance Company Limited. It was originally incorporated as a private limited company and was converted into a public limited company in July, 1992. Later, the Company got renamed to Hybrid Financial Services Limited from Mafatlal Finance Company Limited during FY 2009-10.
The company is promoted by Mafatlal Industries Ltd and the entire share capital of the Company is held by Mafatlal Finance Company Ltd. the holding company of the Company. The Company's main business activities are Management Consulting, providing Debt Recovery Advise, Consultancy in Financial, Commercial, Legal, Direct and Indirect Taxation, Other Levies, Statistical, Accountancy and Other Fields.
MFCL is a category I Merchant Banker since February 1993 and a Member of OTCEI. Throgh Mafatlal Securities Ltd the wholly owned subsidairy of MFCL.
The company's headquarter is located in Bombay, with regional offices in Delhi, Madras, Ahmedabad, Coimbatore and Baroda. The company's interests include investment banking, consumer finance, merchant banking, corporate finance and resource mobilisation. .
Mafatlal Finance has over 300 clients. With increasing demand the company planned to foray into new areas like asset management and stock broking. It also acquired the membership of Bombay Stock Exchange. The company's NBFC application form was rejected by RBI mainl ...y on account of erosion of networth.
In 2012-13, Company has made Preferential Allotment to Promoters of 14,00,000 Equity Shares of Rs.5/- each by conversion of 7,00,000 Preference Shares of Rs.10/- each on 13th July 2012. The Promoters holding was accordingly increased from 61.93% to 63.74%.
FAQs on Hybrid Financial Services Ltd
1. Can I buy Hybrid Financial Services Ltd from PL Capital? ›
Yes, you can invest in Hybrid Financial Services Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Hybrid Financial Services 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 Hybrid Financial Services Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Hybrid Financial Services Ltd pay dividends? ›
Hybrid Financial Services 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 Hybrid Financial Services Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Hybrid Financial Services Ltd. is ₹ 16.21 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Hybrid Financial Services Ltd ? ›
The 52-week high and low of Hybrid Financial Services Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
