Sastasundar Ventures Ltd

Summary

Microsec Financial Services Ltd is a non-banking financial company registered with the RBI. The company is a financial services company primarily providing retail broking and investment banking services. They provide financial products and services to their client base of retail investors, high net worth individuals, companies and institutions. The company is the ultimate holding company of the Microsec Group. The group is focused to provide services in the arena of Investment Banking, Equity & Commodity Brokerage, Currency Futures, Insurance Brokerage and Wealth Management.The company is engaged in the financing and investment business which primarily comprises giving loans against shares, and making investments. In their financing and investment business, the company offers loans against shares to its clients, secured by liquid and marketable securities at appropriate margin levels. The company derives a major portion of their revenues from Eastern India, especially Kolkata.Microsec Financial Services Ltd was incorporated on June 6, 1989 as a private limited company with the name Satyam Fiscal Services Pvt Ltd. In October 17, 2005, the name of the company was changed from Satyam Fiscal Services Pvt Ltd to Microsec Financial Services Pvt Ltd. In October 21, 2005, the company was converted into a public limited company and the name was changed to Microsec Financial Services Ltd.Initially, the company was financial services company and was engaged in the business of financing... Read More