ARYAMAN FINANCIAL SERVICES LTD
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BSE Code:
530245
NSE Code:
ARYAMAN
Business Profile
Business Profile
Aryaman Financial Services (ARYAMAN), incorporated on May 11, 1994, is a Category I merchant banker registered with Securities and Exchange Board of India (SEBI).
The company deals mainly in merchant banking activities like issue management, portfolio management services, and corporate debt restructuring. Its specializes in structuring means of finance for a project; efficient issue management of equity/debt instruments; nationwide network for marketing of issues with emphasis on rural areas; providing assistance for takeovers; underwriting and placement of shares with financial institutional investors, non resident Indians, mutual funds, financial institutions and banks.
The thrust area of activity is reviving sick companies. The company conducts viability studies of sick units and prepares viability reports. It has an equity research department carrying out research mainly in the core sectors of the Indian and global economy, companies, securities, stock markets, fresh issues of capital, governmental regulations and other research activities. Research papers are published on the various areas covered.
The registered office is located at 401, Chiranjiv Towers, 43, Nehru Place, New Delhi-110019.
Financials
Aryaman Financial Services registered a net loss of Rs 0.76 million for the quarter ended December 2007.
Net sales declined 42.17% to Rs 0.48 million for the quarter ended December 2007 from Rs 0.83 million for the quarter ended December 2006.
Total income declined 42.17% to Rs 0.48 million for the quarter ended December 2007 from Rs 0.83 million for the quarter ended December 2006.
The loss per share of the company stood at Rs 0.16 for the quarter ended December 2007.