Gretex Corporate Services Ltd share Price Today

The Company was originally incorporated as "Dynamic Tradeserv Private Limited" on September 05, 2008 at Kolkata, West Bengal as a Private Limited Company under the Companies Act, 1956 with the Registrar of Companies. Subsequently, name of the Company was changed to "Gretex Corporate Services Private Limited" vide Special Resolution passed by Shareholders of the Company in their meeting held on May 28, 2013 and a fresh Certificate of Incorporation consequent to the change of name was granted to Company on May 31, 2013, by the Registrar of Companies, West Bengal. Further, Company got converted into Public Limited Company pursuant to Special Resolution passed by Shareholders of the Company in their meeting held on April 12, 2021 and name of the Company changed to "Gretex Corporate Services Limited" and a fresh Certificate of Incorporation consequent upon conversion of Company to Public Limited dated May 12, 2021 was issued by Registrar of Companies, Mumbai, Maharashtra. The Company is promoted by Mr. Arvind Harlalka, Mr. Alok Harlalka and M/s. Bonanza Agency LLP, who are the guiding force behind all the strategic decisions of the Company. The Promoters have corporate and entrepreneurial experience. The Promoters are the frontline force behind the Company, in departments like Business development, Sales, Human Resource, etc. The Company is offering diversified financial and consultancy services in the areas of Capital Markets, Corporate Finance, Corporate Restructuring, Debt Syndication, Compliance Advisory. The Company started operations in the year 2008, in the initial years the Company was engaged in the business of providing project finance services to companies through banks and financial institutions. In year 2011, the Company started providing services of capital market such as Direct Listing of Companies on nationwide stock exchanges. This new venture gave management an interest to explore more opportunities in capital market. In year 2013, the Company had applied for the license of merchant banking with Securities and Exchange Board of India (SEBI). SEBI provided the Company with Initial Certificate of Registration which was valid for a period of 5 years. In 2014, Company was registered as `SEBI- Category- I Merchant Banker`. In 2016, the Company shifted its registered office from West Bengal to Maharashtra. In 2017, Gretex Services listed its First Company on the SME Platform. Further, the Company listed a total of 17 companies on SME Platform. In 2018, the Company was awarded as one of the top volume performers (Merchant Banking- SME Platform) by Bombay Stock Exchange. In 2019, the Initial Certificate of Registration was renewed and a permanent registration was provided by SEBI. Since past six years, the Company Promoters have been carrying out the business of management of fund-raising activities, investment advisory, underwriting of issues, manager, consultant or adviser to any issue including corporate advisory services and as consultant or adviser to the Issuer. In 2020, Gretex listed its 21st Company on SME Platform out of which Two Companies were listed during pandemic situation (COVID-19). In 2021, Gretex Services listed its first Company on BSE Startups Segment under SME Platform of BSE Limited. The Company Promoters have developed an expertise in the area of identifying Small and Medium Enterprises (SMEs), determine funding requirement and carter funds needs by taking the Company Public by the mean of an IPO on the SME Exchange in India. The Company primarily cater to the needs of Small and Medium Enterprises (SMEs), but its services are not limited to SMEs, over the period of years, the Company has been able to successfully create its name in primary markets for successfully executing 21 SME IPOs and 1 BSE Startups Segment under the SME Platform of BSE Limited. The Company`s office facilities are well-equipped with streamlined process to ensure quality of services and timely fulfillment of assignment. The Promoters provide the best-in-class solutions to esteemed customers spread over all the sectors. The Promoters believe that they offer best services to customers by understanding client`s needs and strive to deliver beyond their expectations. The Company Promoters are always committed to fulfill requirements of clientele according to their needs. The Promoters are providing services that ensure customer satisfaction. They have long-term and stable relationships developed with key suppliers and customers through the quality service provided by them. The client list includes SME companies from various sector such as Business Process Management Services, Pharma, Garment Manufacturing, Plastic sheets and granules Manufacturing, Industrial Machinery, Hotels, Containers & Packaging, IT Consulting & Software, Railway Infrastructure, Protective gear Manufacturing. Apart from clients, the Company have been able to create a long-term relationship with intermediaries involved in the due process of IPOs such as Printers, Registrar and Share Transfer Agents, legal firms, printers and advertisers, stock brokers, Depository Participants, stock exchanges, wealth managers, investment advisors, merchant bankers, NBFCs, banks etc. In particular, the Company compete with other financial advisory and investment companies, both in India and abroad; and other merchant banks and public and private sector funds operating in the markets. Their client mix consists of both small and medium size businesses, which are based upon a local or regional relationship with presence in each market, and large national/ multinational client relationships. The Company compete with a large number of registered merchant bankers with factors, including execution, depth of product and service offerings, innovation, reputation and price. The Company believe in providing quality and timely service to customers. The Promoters have a set of standards for themselves when it comes to timeliness and quality of services they provide to customers. The Company focuses on maintaining the level of consistently in service, thereby building customer loyalty for its brand.

Gretex Corporate Services share price as on 27 Apr 2024 is Rs. 520. Over the past 6 months, the Gretex Corporate Services share price has increased by 166.74% and in the last one year, it has increased by 174.86%. The 52-week low for Gretex Corporate Services share price was Rs. 182.55 and 52-week high was Rs. 563.75.