Repco Home Finance to enhance foreign investment limit to 49%

Repco Home Finance Ltd. | Finance - Housing | BFSI | BSE: 535322 | NSE: REPCOHOME

18 Oct 2014 Evaluate

Repco Home Finance has received an approval from Reserve Bank of India (RBI) whereby the ceiling for foreign investment in the company under the Portfolio Investment Scheme has been enhanced to 49%. The name of the company has been removed from the Ban List-FII/RFPIs.

Repco Home Finance is a professionally managed housing finance company headquartered in Chennai, Tamil Nadu. The company is operating through 80 branches and 13 satellite centres in Tamil Nadu, Andhra Pradesh, Kerala, Karnataka, Maharashtra, Gujarat, Odisha, West Bengal and Puducherry.

Peers

Company Name	CMP
LIC Housing Finance	568.25
Housing & Urban Dev.	172.40
Piramal Finance	2119.20
Bajaj Housing Fin.	82.28
PNB Housing Finance	1107.60
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.