Centrum Finance Limited

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Centrum Finance Limited is registered with Bombay Stock Exchange and the ticker symbol of the the company is 501150. The registered office of Centrum Finance Limited is located in the capital of Maharashtra.

Management of Centrum Finance Limited:

Centrum Finance Limited is managed by an efficient board of directors, headed by Mr. Berjis M Desai, who holds the position of the Chairman. The board consists of a total of 11 members who are involved in taking important decisions for the benefit of the company. Mr. Berjis M Desai is assisted by Mr. Chandir G. Gidwani, being the Vice Chairman of Centrum Finance Limited. Mr. T.R. Madhavan serves as the managing Director of the company. The other directors include:
  • Ibrahim S Belselah
  • Manmohan Shetty
  • T R Madhavan
  • Sonia G Gidwani
  • Mahakhurshid K Byramjee
  • T R Madhavan
  • P G Kakodkar
  • Rishad K Byramjee
  • Rajesh V Nanavaty
  • K V Krishnamurthy

Facts about Centrum Finance Limited:

Centrum Finance Limited serves to fulfill it capital requirement through the issue of equity shares at the rate of ` 10 per share presently. The company has kept the amount of its authorized capital as ` 10crores, since the year 2000-01 together with the amount of issued capital as ` 4.88crore. The authorized capital in the financial year 1998-99, was ` 2crore and the issued capital was ` 1.63crore.

Performance of Centrum Finance Limited:

the total income of Centrum Finance Limited has jumped from ` 2.42crores in the month of September 2006 to ` 14.74crores in the month of September in 2007, whereas the total expenses in September 2006 rose from ` 1.86crore to ` 3.61crores in September 2007, delineating an increase of 99 % in total expenses compared to 83.58 % increase in total income. The net profit has grown in leaps and bounds from ` 0.20crores in September 2006 to ` 7.42crores in September 2007.

Offices of Centrum Finance Limited:

Centrum Finance Limited has established approximately 13 offices throughout India, with its corporate office situated at Mumbai. The people in Tamil Nadu can access the financial services of Centrum Finance Limited through its branch office at Chennai, whereas the people residing at Haryana are aided with the office of the company at Gurgaon. Centrum Finance Limited has located one of its branch in the capital of India and the branch office of Andra Pradesh is situated at Hyderabad.

The state of Gujarat has its own branch office of Centrum Finance Limited at Surat and the local people of West Bengal will find the branch office of the company at kolkata. The other branch offices of the comapny are located at the following locations:
  • Nagpur
  • Baroda
  • Kolhapur
  • Ahmedabad
  • Pune

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