ARC Finance Ltd. operates as a non-deposit taking Non-Banking Finance Company. It was incorporated in 1982 and its headquarters are in West Bengal. As of 31 March 2022, the company recorded a total standalone income of Rs. 4.96 crore, up 3.60% from the figures reported for the quarter ended 31 December 2021. On 3 June 2022, ARC Finance Ltd.’s market capitalisation stood at Rs. 75 crore.
It is listed on the Bombay Stock Exchange with the code 540135. It is also listed on the Calcutta Stock Exchange and the UP Stock Exchange. It is not listed on the National Stock Exchange.
The company was formerly incorporated on 23 March 1982 with the Registrar of Companies as ARC Modellors & Services Limited. On 19 February 1993, it was renamed ARC Finance Ltd. with a fresh incorporation certificate issued by the Registrar of Companies.
ARC Finance Ltd. engages in the business of investing/trading in securities and advancing loans. It brings together funders, practitioners, pro-poor enterprises, and end-users to develop flexible financial solutions.
For the FY 2020-2021, ARC Finance Ltd. recorded total standalone revenue of Rs. 4.19 crore. It was down by 49.41% from the previous financial year’s total standalone revenue of Rs. 8.28 crore.
The director’s list comprises Mr Pradip Kumar Agarwal, Mr Asis Banerjee, Ms Aparna Sharma, and Mr Gopal Kumar Singh. On 31 March 2022, the company disclosed a total of 50.50 crore shares outstanding. Its auditors include Sanjeev Navin & Associates and Manabendra Bhattacharyya & Co.
The company’s shareholding pattern as of 31 March 2022 indicated an 87.97% share with the public. Promoters have a 12.02% share, with Vaibhavlaxmi Vanijya Pvt. Ltd. having an 11.88% share. Arc Finance Limited, Asset Management Arm is a subsidiary of ARC Finance Ltd.
ARC Finance’s share price on BSE on 3 June 2022 closed at Rs. 1.49. The 52-week high for ARC Finance’s share price was Rs. 6.71, and the 52-week low for ARC Finance Ltd.’s share price was Rs. 0.46.
The peers of the company include Bajaj Finance, Bajaj Holdings, Muthoot Finance, Shriram Transport Finance, IRFC, Sundaram Finance Ltd., Poonawalla Fincorp, and L&T Finance, among others.
Disclaimer- ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code :07730), BSE Ltd (Member Code :103) and Member of Multi Commodity Exchange of India Ltd. (Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Mr. Anoop Goyal, Contact number: 022-40701000, E-mail address: firstname.lastname@example.org. Investment in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose.