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| Business Summary |
Morarka Finance Limited was originally incorporated as Morarka Holdings Limited vide certificate of Incorporation No. 11-35632 (now CIN No.U 67120 MH 1985 PLC 035632) dated March 15, 1985 with Registrar of Companies, Maharashtra at Mumbai and received the Certificate for commencement of business on March 15th 1985. The name of the Company has been changed to Morarka Finance Limited on May 28th 1993.
The capital base was also enhanced to Rs. 157 Lacs in the year 1993-94 to meet the requirements of its expanded business. The Company also worked as a Category II Merchant Banker and in that capacity provided its services in the capacity of Co-Manager for some of the Public Issues. The Company has underwritten over Rs. 7 Crores worth of issues. At times the Company also worked as an authorized agent of the American Express Bank for the Issue of Travelers Cheque. The Company was also holding a license from the RBI.
Morarka Finance Limited is a company of the Dwarikesh Group that manages a host of successful companies in areas as diverse as sugar, power, distilleries, ethanol production, agriculture production, media and information technology. Morarka Finance Limited is the Leading Non Banking Finance Company (NBFC) from the Morarka Group. It has undertaken series of initiatives to diversify its traditional business activities. Its growth has been composite. At present it is engaged in the activities related to the Portfolio Management which includes Investment in Securities, Corporate Advisory Services, Advancing of Loans. |
| Company Website | http://www.morarkafinance.in |
| Phone | +91-22-22042945 |
| Contact Address Details |
| Office Address |
5, Maker Chambers, 511, 221,
Nariman Point,
Mumbai 400021
Email: hemalshah@morarkafinance.in
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