1994 - The Company was incorporated on 4th April, to carry on the
business of Leasing, Hire Purchase, Investment Banking, money
market Operations, Corporate advisory services, Merchant Banking
and money changing.
- The Company received the certificate of commencement of business
on 18th April. The Company is registered with Securities &
Exchange Board of India as Category I merchant banker with effect
from 1st July.
- The Company has been promoted by Mr. Lalit K. Dangi, (B.Com,
F.C.A, Grad C.W.A, A.C.S)
- The Company Public Issue of 54,00,000 No. of Equity Shares of Rs.
10 each for cash at par aggregating Rs. 5,40,00,000.
1995 - The Company has already prepared Portfolio Management Schemes for
N.R.I. and Indian Public which will shortly be implemented. The
Company is quite confident to muster good support for its
Portfolio Management Schemes.
- CRISIL having given credit rating for fixed deposits as FA
(Minus) indicating adequate safety for repayment of principal and
interest, the Company proposes to mobilise fixed deposits during
the current year.
1996 - The Company's subsidiary, Libord Investments Limited obtained the
Pune Stock Exchange membership and would commence its operations
in the current year.
-Diversifies into 3D & 2D animations market