The 5-year analysis of Ad-Manum Finance Ltd's performance infers:
We analysed the performance of Ad-Manum Finance Ltd share prices over the last 10 years. Here is what we found out:
Ad-Manum Finance was originally incorporated in May 1986 with the name of â€˜Agarwal Warehousing & Leasing Limitedâ€™. Thereafter name of the company was changed to â€˜Ad-Manum Finance Limitedâ€™ with effect from June 1992.
The company was started with an objective to provide short and medium term advances in the form of loan/hire purchase finance, bill discounting, factoring through channel/DSA business etc.
The company is a non banking finance company
The company is a non banking finance company registered under Reserve Bank of India. The company also operates 24 marketing offices located in states of Maharashtra, Gujarat, Madhya Pradesh, Rajasthan and Tamil Nadu.
Presently the company is mainly into financing of old and new vehicles of HCVs, LCVs, MUVs, cars and three-wheelers
The company is currently working under flagship of â€˜Agarwal Groupâ€™. The group was established in the year 1975 and has business presence in trading, education, entertainment sector viz. trading of coal, lignite, transportation, warehousing, finance, real state & leasing, packaging, flour mill, cold storage, international standard schools and institute of technology, village resort and generation of electricity by setting up a wind energy mill.
The companyâ€™s registered office is located at Agarwal House, Ground Floor, 5, Yeshwant Colony, Indore, Madhya Pradesh.