Stanrose Mafatlal Investment & Finance Share Price

CMP as on04-Dec-20 15:30

₹ 78.20
3.2 4.27%

Open

₹ 79.60

Turnover (lac)

Prev. Close

₹ 75.00

Day's Vol (shares)

₹ 864

Day's Range

₹ 75.50
₹ 79.60

The company was incorporated in 1980, under the name Sandeep Holding Pvt Ltd. It became a subsidiary of Mafatlal Industries during the same year. In Oct.80, the company became a public limited company. A preferential offer of shares of the company was made to the shareholders of Mafatlal Industries in 1981-82 and the company ceased to be a subsidiary of Mafatlal Industries. Thereafter, the Stanrose group acquired further holding from other shareholders, resulting in the company becoming a constituent of Stanrose group of companies. The company has a controlling interest in the flagship of Stanrose group, viz, Standard Industries. The name of the company was changed to the present one -- Stanrose Mafatlal Investment and Finance.The company is engaged in investments and inter-corporate deposits. The company has investments in several blue-chip diversified companies. In the inter-corporate finance section, the company provides finance to its corporate clients for their short-term fund requirements by way of inter-corporate deposits. Some of its clients are McDowell and Co, IIT Capital Services, Merind, Standard Industries, G L Rexroth Industries, etc.The company has two wholly-owned subsidiary companies -- Sandeep Traders and Investments and Stanrose Holdings -- both of which are engaged in investments and inter-corporate finance. Due to recession the real estate industry the joint venture project of property development was deferred.

  • Chairman

    Pradeep R Mafatlal
  • Director

    Madhusudan J Mehta
  • Director

    Datta B Dave
  • Company Secretary

    Soham A Dave
  • Independent Director

    Harit S Mehta
  • Independent Director

    Aziza A Khatri

Registered Office

Popular House 6th Floor,
Ashram Road,Ahmedabad,
Gujarat-380009
India

REGISTRAR OFFICE

5th Floor 506 to 508,
Navrangpura,Ahmedabad-380009
INDIA