ABOUT PNB FINANCE AND INDUSTRIES LIMITED UNLISTED SHARES
PNB FINANCE AND INDUSTRIES LIMITED is a Non-Banking Financial Company. It was first incorporated in 1894 under ‘Punjab National Bank Limited. The Banking business was acquired by the Central Government of India and the name of the company was changed to PNB Finance Limited. Later, the company made its path in the investment business and started investing in shares, bonds, debentures, and other securities. The company’s name was again changed to PNB Finance and Industries Limited in 1981. In the year 1998, the company became a Non-Banking Financial Company under the Reserve Bank of India.
In the present scenario, PNB Finance and Industries Limited is not engaged in any business operations, except the investment of surplus funds in low-risk instruments and earning income therefrom. The company does not carry on investment activities as a business operation and also it does not hold or/and accept Public Deposits. Mutual Funds account for the larger share of the investment portfolio of the Company.
The company has made big investments in equity shares of HDFC Bank Limited, Bennett Coleman & Co Limited, and Bennett Property Holdings Company Limited.
The Equity shares of PNB Finance And Industries Limited are listed on Delhi Stock Exchange and Calcutta Stock Exchange.
PNB Finance Outstanding Shares: |
3,200,000 |
Face Value of PNB Finance Unlisted Share: |
Rs. 10 Per Equity Share |
ISIN of PNB Finance Unlisted Share: |
INE057F01011 |
Lot Size of PNB Finance Unlisted Share: |
10 Shares |
PNB Finance And Industries Share Price: |
Best in Industry |
PAN Number of PNB Finance: |
AAACP0256C |
PNB Finance And Industries Limited CIN Number |
L65929DL1947PLC001240 |
PNB Finance And Industries Limited Registration Date |
14-Jun-47 |
Category / Sub-Category of PNB Finance |
Company limited by Shares |
PNB Finance And Industries Registered Office Address |
1st Floor, Express Building, 9-10, Bahadur Shah Zafar Marg, New Delhi - 110002 |
PNB Finance And Industries Registrar & Transfer Agent Address and Contact Details |
Skyline Financial Services Private Limited D-153/A, 1st Floor, Okhla Industrial Area, Phase 1, New Delhi - 110020, Tel: +91-11-26812682/83 |
BOARD OF DIRECTORS
Ashish Verma (Director)
Govind Swarup (Director)
Rakesh Dhamani (Director)
Saumya Agarwal (Director)
Shweta Saxena (Director)
PARTICULARS OF SUBSIDIARY COMPANIES
|
Name of the Company |
% of shares held |
|
Punjab Mercantile and Traders Limited |
100.00% |
|
Jacaranda Corporate Services Limited |
100.00% |
SHAREHOLDING PATTERN (As of 31-03-2020)
|
S.No. |
Shareholders’ Name |
Number of shares |
% of total Shares of the company |
|
1 |
Artee Viniyoga Limited |
8,01,710 |
25.05% |
|
2 |
Ashoka Viniyoga Limited |
6,51,660 |
20.37% |
|
3 |
Camac Commercial Company Limited |
5,20,000 |
16.25% |
|
4 |
Samir Jain |
5,18,827 |
16.21% |
|
5 |
Meera Jain |
2,73,604 |
8.55% |
|
6 |
Others |
4,34,199 |
13.57% |
|
|
Total |
32,00,000 |
100.00% |
INDUSTRY OUTLOOK
India’s financial services sector is very diversified and comprises various entities such as commercial banks, insurance companies, co-operatives, mutual funds, non-banking financial companies (NBFCs), and other various entities. The share ofNBFCs is continuously growing in the financial services industry. As per RBI, NBFCs have outperformed Scheduled Commercial Banks (SCBs) in terms of growth in advances and in asset quality. It is expected that the NBFCs will grow their share in the financial services sector in near future.
FY 2020 has been one of the most eventful and challenging years that the financial services industry has experienced. The Outbreak of the COVID-19 pandemic across the globe and in India has contributed to a significant decline and volatility in the global and Indian Financial markets and a slowdown in economic activities. Since the duration and magnitude of COVID-19 are still uncertain, it will affect the plans of this industry for 2021.
The Government has taken a series of measures to generate demand and ease liquidity by ensuring public sector banks lend further to NBFCs, introducing a partial credit guarantee scheme, organizing loan mela, etc. The RBI has been continually strengthening the supervisory framework for NBFCs in order to ensure sound and healthy functioning and avoid excessive risk-taking.
