Intec Capital Ltd Summary
Intec Capital Limited was incorporated in India on February 15, 1994, was registered with Reserve Bank of India (RBI) as a Non-Banking Financial Company (NBFC) dated May 4, 1998 as Intec Securities Limited. Subsequently, due to change in name of the Company , it received a revised Certificate of Registration (CoR) in the name of Intec Capital Limited on November 4, 2009.In 2010-11, M/s. Unitel Credit Private Limited, engaged in financial service activities was merged with the Company through Scheme of Arrangement, which became effective on 11 February, 2011.
The Company acquired M/s. Amulet Technologies Private Limited as a 100% Wholly Owned Subsidiary by way of acquiring the entire equity share capital. Further M/s.
Amulet Technologies Private Limited was converted into Public Limited Company in 2011-12.Over a period of almost two decades, the Company was recognized for offering innovative and customer-friendly financial solutions across the SME sector. It expanded the unique business model to almost all the financial requirements of SMEs to grow their businesses. Further, it has been providing loans for acquisition of machinery, loans against collateral and loans for business functioning.
The Company is providing finance in the form of Assets Finance, Working Capital Finance and Loan against Property to MSMEs. Corporate advisory services provide personalized consulting, forecasts and advice for organizations. The company offers a range of financial products and services like life and health insurance products, retirement savings products, trust services and investment funds and mortgages.
The Companys general insurance products provide coverage other than life insurance. These include insurance of property against fire, burglary and personal insurance.