Karnavati Finance Limited was originally Incorporated as Karnavati Finance And Leasing Limited' at Mumbai on December 5, 1984 and received Certificate of Commencement of Business on May 7, 1985 by Registrar of Companies, Mumbai. The Company name was then changed to 'Karnavati Finance Limited' on December 11, 1989. The Company is a NBFC registered with RBI to carry on NBFC activities.
KFL is a Non-Banking Finance Company, holding a Certificate of Registration from the Reserve Bank of India. KFL is non- deposit accepting NBFC engaged in financial services. The market for this activity offers high potential for growth. The Company is giving loan including personal loan, business loan, vehicle loan and loan against property to individuals as well as non-individual customers and also provid ...ing services of money changing via. FFMC License and is operating from Mumbai having its corporate office in Jamnagar.
In 2001-2002, the Company was taken over by the Promoter, Mr. Raman Morzaria by acquiring 2,51,000 Equity Shares at Rs 10.50 per equity shares from Mr. Rajnikant Worah and his Associates via Share Purchase Agreement dated May 10, 2001.
The Company had made application to Reserve Bank of India for issue of license to carry on business for Full Fledge Money Changer. The Reserve Bank of India considered the application and issued License dated June 1, 2016. The Company commenced activities of Full Fledged Money Changing Activities in FY 2016-17. The Company listed its shares to Main Board of BSE Limited effective from August 09, 2017.
1. Can I buy Karnavati Finance Ltd from PL Capital? ›
Yes, you can invest in Karnavati Finance Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Karnavati 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 Karnavati Finance Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Karnavati Finance Ltd pay dividends? ›
Karnavati 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 Karnavati Finance Ltd ? ›
As of
04-11-2025 the share price for Karnavati Finance Ltd. is 1.65 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Karnavati Finance Ltd ? ›
The 52-week high and low of Karnavati Finance Ltd share price is ₹ 1.34 - ₹ 2.73 as of
04-11-2025 .
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