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Gujarat Lease Financing Ltd logo

Gujarat Lease Financing Ltd

NSE: GLFL BSE: 500174

₹5.09

(1.93%)

Fri, 02 Oct 2026, 08:29 pm

mtf coin illustrationMTF 5x

Company History

1983

  • The Company was incorporated as a Public Limited Company on July 13.
  • The Company received the Certificate of Commencement of Business on October 28.

1992

  • The Company's Merchant Banking Division managed 10 issues as lead manager and 6 issues as co-manager.
  • The Company issued 35,00,105 equity shares to GIIC and 35,00,000 equity shares to the public and others.

1993

  • The Merchant Banking Division underwrote issues worth Rs 67.14 crores and managed 26 issues aggregating Rs 458.93 crores.
  • The Company commenced short term funds deployment activities and deployed a sum of Rs 125.14 crores.
  • The Consumer finance division proposed to commence activities like odd lot trading and share shoppe.
  • The Company proposed to launch its mutual fund through its asset management company.
  • Torrent Investments Pvt. Ltd. acquired 33,00,000 equity shares of the Company from GIIC.
  • The Company issued 37,62,552 bonus equity shares in the proportion 1:2.

1994

  • The investment banking division marketed a new product called 'Bought Out Deals'.
  • The retail finance division proposed to enter the field of commercial vehicles finance.
  • The Company started a full-fledged division called Securities Related Operation to provide services for small investors.
  • The Company launched a Secondary market finance scheme.

1995

  • The retail finance division introduced a scheme for financing commercial vehicles.

1997

  • The Company issued 54,39,803 bonus shares in the proportion 1:4.

2007

  • Gujarat Lease introduced an email ID for investor complaints.