India Lease Development Limited (ILDL) was incorporated on 19 Oct.'84. However, the company commenced actual operations from Nov.'87. The Company registered with Reserve Bank of India as a NBFC is engaged in 'Hire Purchase & Leasing Business'. The Company was promoted by The Motor and General Finance Limited'(MGF), New Delhi a pioneer in the field of financial services, along with Equity Participation from International Finance Corporation, Washington, U.S.A an associate of The World Bank and Punjab National Bank. Geographical, it has its presence mainly in North India. The Company use to operate in the field of providing finance for commercial vehicles, automobiles, construction, earth moving equipments and machinery.
The company came out with a public issue at a premium of Rs 20 in Ju ...n.'94, aggregating Rs 7.88 cr, to part-finance the projected demand for financial assistance of Rs 51.82 cr. ILDL mainly provides hire-purchase and lease finance. The company provides vehicles, machinery and other assets on lease and hire-purchase to the transport, industrial and construction sectors. It has diversified into other activities in the money market and provides finance through bill discounting. The International Finance Corporation (IFC), Washington, and the Punjab National Bank have participated in the equity of the company.
During the year 2010-11, MGF Services Limited (MGFS) was amalgamated with the Company. Resulting to said Amalgamation Scheme, shares were allotted in the ratio of 3 equity shares of India Lease Development Limited (ILD) for every 2 equity shares of MGFS. i.e., 3:2.
1. Can I buy India Lease Development Ltd from PL Capital? ›
Yes, you can invest in India Lease Development Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track India Lease Development 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 India Lease Development Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does India Lease Development Ltd pay dividends? ›
India Lease Development 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 India Lease Development Ltd ? ›
As of
04-11-2025 the share price for India Lease Development Ltd. is 10.5 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of India Lease Development Ltd ? ›
The 52-week high and low of India Lease Development Ltd share price is ₹ 7.03 - ₹ 13.9 as of
04-11-2025 .
PL Ringside View
Our fireside chat series where industry experts and top management share valuable insights for our clients
