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Aravali Securities & Finance Ltd logo

Aravali Securities & Finance Ltd

NSE: ARAVALISEC BSE: 512344

₹6.09

(5.00%)

Thu, 12 Mar 2026, 00:33 am

Company History

1980

  • The Company was incorporated on June 11, 1980 in the name of Aravali Traders a Investment Company Ltd.
  • The Company was promoted by Rayan Kumar Poddar.

1985

  • The name of the company was changed to Aravali Leasing Ltd.

1992

  • 8,32,650-12.5% debentures of Rs 200 each were issued on Rights basis.
  • 1000 debentures were issued to employees on Pref. basis.
  • 7,57,896-12.5% debentures of Rs 125 each were issued through prospectus to the public.
  • Rs 200 of the face value of each debenture was converted into 10 equity shares of Rs 10 each at a premium of Rs 10 per share.
  • Rs 125 of the face value of each debenture was converted into 5 equity shares of Rs 10 each at a premium of Rs 15 per share.
  • The Company was adversely affected due to the credit squeeze announced by the Reserve Bank of India between May 1991 and October 1991.

1993

  • The Company proposed to set up an Asset Management Company with a view to set up a Mutual Fund.
  • An export division was started under the name and style of Aravali International for merchandise export.
  • A fixed deposit scheme was launched for the public at large.
  • 2272 12.5% fully convertible debentures of Rs. 125 each were allotted.

1994

  • The Company's performance was severely affected due to sluggish market conditions and recessionary trends in South East Asia.
  • The company proposed to expand its existing business activities in the areas of leasing, bills discounting and investment.
  • 1921150-14% secured redeemable non-convertible debentures of Rs 100 each were issued on private placement basis.
  • 32,02,500 No. of equity shares of Rs 10 each were allotted to promoters.
  • 9,60,750 bonus shares were issued in proportion 3:10.
  • 109,90,400 No. of equity shares were allotted on conversion of fully converted debentures.
  • A full-fledged branch was opened at Karnal.
  • A division for investment in shares and securities was started.
  • A strategic alliance was entered into with M/s. Narendra Kumar Pasari, Member Delhi Stock Exchange.
  • The Company started mobilising Fixed Deposits from the public at large.
  • The name of the Company was changed to Aravali Securities And Finance Limited.

1995

  • 200 shares of the FCD were allotted.
  • The Company diversified its activities and floated independent companies for establishing hotels at Ajabgarh and Udaipur in Rajasthan.
  • The Company decided to close its export division.

1996

  • The company suffered a loss on account of its share trading activity due to a sluggish market trend.

1998

  • The availability of finances to the non-banking financial companies was affected substantially.
  • The Company faced a financial crunch which affected its business.

1999

  • 14,94,500 Equity Shares were allotted as fully paid-up Bonus Shares by capitalisation of Reserves and Surplus in Profit and Loss Account in earlier Years.
  • The Company does not have any energy utilization or technology absorption.

2009

  • The Registered Office of the Company was shifted to Sirpur House, Plot No.39, Sector 44, Gurgaon-122009, Haryana

2010

  • Aravali Securities & Finance Ltd appointed Sh. Jiten Oberoi as Chief Financial Officer of the Company.
  • The Company's Registered Office was shifted to Sirpur House, Plot No.39, Sector 44, Gurgaon-122009, Haryana

2014

  • Mrs. Malvika Poddar was appointed as Director of the Company.

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800