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HCKK Ventures Ltd. Company History and Annual Growth Details
Shreenath Industrial Investment Company was incorporated in March 1983. Shreenath Industrial Investment Company Ltd is a company created to invest in the industrial sector by realizing new opportunities that are economically viable and add value. Shreenath Industrial Investment Company Ltd plays the role of a developer of the industry segment through selected projects financing and Loans. The company is expanding the portfolio through in various NBFC activities.
Shreenath Industrial Investment Limited obtained Certificate of Registration from Reserve Bank of India in the year 1998 to carry on as a Non Banking Financial Company (NBFC) without accepting Public Deposits. The main objectives of the company are to carry on the business as an Investment Company and to invest in shares, stock, debentures and bonds. The Company also undertakes activities such as Private Equity and Margin Funding and holds prime properties. The Company has been consistently paying dividend to the shareholders over the years.
Shreenath Industrial Investment Limited fosters industrial development by providing financial assistance to industries for purchase of land, machinery and construction of buildings. Shreenath Industrial Investment Limited provides financial assistance at competitive interest rates for setting up of new industrial units and for expansion / modernisation / diversification of existing industries at various places. It also offers loan for service sector projects such as hotels, hospitals and tourism related projects.
While Shreenath Industrial Investment Limited provides assistance to micro, small, medium and large enterprises, about 90% of the assistance goes to the micro, small and medium enterprises [MSME] sector. Of this, about 40% goes to first generation entrepreneurs. Thus, Shreenath Industrial Investment Limited acts as a catalyst for industrial promotion within the State by creating a new generation of entrepreneurs.
Shreenath Industrial Investment Limited is a NBFC mainly acting as an Investment Company investing in all kind of securities including Shares, Mutual Fund, Debentures and Bonds. It also undertakes following activities:
- Private Equity
- Margin Funding
- Loans & Advances
2015 -Shreenath Industrial Investment Company has Listing of equity shares of Shreenath Industrial Investment Company Ltd.
2016
-Shreenath Industrial Investment Company Ltd has shifted its registered office from Mumbai to Nashik at 3 Orchid, Savarkar Nagar, Opp. Gangapur Road Police Station, Nashik - 422013 with effect from October 01, 2016.
2017
-Company name has changed to HCKK Ventures Ltd. from Shreenath Industrial Investment Company Ltd..
- Company is launching its first Construction Project 'Hastagiri Heights' at Jalalpur, Nashik. The ground breaking of this residential project is scheduled on January 21, 2017. |
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