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About LKP Finance
Originally incorporated as Elkaypee Merchant Financing in May '84, LKP Merchant Financing (LKPMF) was converted in Feb.'86 into a public limited company. It was promoted by L K Panday, C P Mehta and M V Doshi.
In Feb.'94, the company came out with a rights-cum-public issue of equity shares (premium : Rs 25 and Rs 30 respectively), aggregating Rs 28.33 cr to consolidate its capital base and augment its long-term resources. The company offers a wide range of financial services -- issue management, bill discounting, leasing and hire-purchase, full fledged money changing and has also started providing travel related Insurance Policy to bound passengers, etc. It is a SEBI-authorised category-I merchant banker and a sponsor member of the OTCEI. LKPMF's select clients include MRF, HDFC, the House of Tatas, the Birlas, Godrej, Finolex and many others.
In Sep.'95, the company allotted 2,50,000 cumulative redeemable preference shares of Rs 100 each aggregating Rs 2,50,00,000, on private placement basis.
The company has been awarded the prestigious ISO-9002 Certificate in September, 1998 by KPMG Quality Registrar for money changes operation at Bombay, New Delhi, Chennai and Pune and is proposed to extend the quality systems in more branches during the year. LKPMF is recognised at one of the leading Money Changers in the country.
Parent Organisation
Indian Private
Managing Director
M V Doshi
Founded
1984
NSE Symbol
LKPMERFIN
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What is the share price of Lkp Finance Limited (LKPMERFIN) shares?
Lkp Finance Limited (LKPMERFIN) share price as of October 22, 2024, on NSE is Rs 192 (NSE) and Rs 192 (BSE) on BSE.
Can I buy Lkp Finance Limited (LKPMERFIN) from Angel One?
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Lkp Finance Limited (LKPMERFIN) share can be bought through the following modes:
1. Direct investment: You can buy Lkp Finance Limited (LKPMERFIN) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Lkp Finance Limited (LKPMERFIN) shares.
1. Direct investment: You can buy Lkp Finance Limited (LKPMERFIN) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Lkp Finance Limited (LKPMERFIN) shares.
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