The 5-year analysis of Sumeru Industries Ltd's performance infers:
We analysed the performance of Sumeru Industries Ltd share prices over the last 10 years. Here is what we found out:
Sumeru Industries (SIL) was incorporated as Sumeru Leasing and Finance Limited on March 3, 1994 under Companies Act, 1956.
The name of the company was changed to Sumeru Industries on July 25, 2005 and fresh certificate of incorporation was obtained from the Registrar of Companies, Gujarat (Dadra & Nagar Haveli) Ahmedabad. It has its registered office at 10th floor, Sumeru Centre, Near Parimal Crossing, C. G. Road, Paldi, Ahmedabad â€“ 380 007.
The company came out with a public
The company came out with a public issue of Rs.504 lakh comprising of 50,40,000 equity shares Rs. 10 each at par through prospectus dated March 21, 1995. The issued & paid up equity share capital of the company is Rs. 720 lakh comprising of 7,20,00,000 equity shares of Re. 1 each.
SIL was promoted by Vipul H. Raja. The company is presently engaged in the financial services activities viz., Leasing, investment and securities trading, inter-corporate advances & Bills Discounting. The company also is engaged in the business of Assets rental.
The equity shares of SIL are listed on Bombay Stock Exchange (BSE), Ahmedabad Stock Exchange (ASE) and the Saurashtra Kutch Stock Exchange (SKSE).