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India Finsec infuses capital worth Rs 30 lakhs in subsidiary company

25 Jan 2019 Evaluate

India Finsec has infused capital in its subsidiary company -- IFL Housing Finance. The company has made an investment of Rs 30 lakhs, through purchase of 3,00,000 equity shares at Rs 10 each in subsidiary company through right issue on January 23, 2019.

India Finsec is an India-based non-banking financial company (NBFC). The company’s principal activities include providing finance and dealing in shares and securities. The company is engaged in the business of financing, inter corporate deposits, advancing short term loans etc.

Peers
Company Name CMP
Bajaj Finance 1034.20
Shriram Finance 1028.00
Aditya Birla Capital 398.60
Tata Capital 362.80
Chola Invest & Fin. 1845.00
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