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Hybrid Financial Services Ltd

NSE: HYBRIDFIN BSE: 500262

₹18.80

(2.51%)

Wed, 25 Feb 2026, 01:23 pm

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Company History

1986

  • The Company was originally incorporated on 20th October as a Private Limited Company.

1987

  • The Company became a Deemed Public Company under section 43A of the Act.

1992

  • The Company was converted into a Public Limited Company.
  • MFCL commenced leasing and hire-purchase financing activities in September.

1993

  • MFCL received authorization from SEBI to act as Category I Merchant Banker.

1995

  • The Consumer Finance Division was set up.
  • The credit rating for Public Deposits was upgraded from FA to FAA(-).
  • The Company issued 60,00,000 equity shares of Rs.10/- each for cash at a premium of Rs. 20/- per share on Rights basis.
  • The Company issued 68,50,000 equity shares of Rs. 10/- each for cash at a premium to M/s. Ensen Holding Limited.
  • The Company went Public, offering 80,00,000 equity shares of Rs. 10/- each for cash at a premium of Rs. 40 per share.

1996

  • The Company planned to enter into the Mutual Fund sector.

1997

  • The Company came out with a Public Issue of NCDs aggregating Rs.3000 lacs which was subscribed.

1998

  • The Company issued and allotted 8,20,700 - 14.5% Redeemable Cumulative Preference shares of Rs. 10/- each.
  • Shri N. K. Parikh, Managing Director of the Company, retired on 21st June.

1999

  • The Company created a separate division to strengthen collections and deal with legal issues.

2000

  • The shareholders approved the allotment of 22,31,700 shares to ICICI at Rs 10 each.
  • The shareholders approved the allotment of 25 lakh shares to ICICI Banking Corporation at Rs 10 each.
  • The shareholders approved the allotment of 1.5 lakh shares to Dhanalaxmi Bank at Rs 10 each.

2009

  • The Board of Directors appointed Mr. A K Mahajan as a Nominee Director of Debenture Trustee in place of Mr. A P Mohanty.
  • The Board of Directors appointed Mr. Tanveer Shaikh as Director.
  • The Company changed its name from Mafatlal Finance Co Ltd. to Hybrid Financial Services Ltd.

2011

  • The Registered Office of the Company was shifted to 35, A-Wing, Raj Industrial Complex Premises Co-op Society Ltd., Military Road, Andheri (East) Mumbai - 400059.

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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