Jagsonpal Finance & Leasing Ltd Company Profile: Products, Promoters and Clients

Question 1: What are the products and services of Jagsonpal Finance & Leasing Ltd?

Founded on February 20, 1991, Jagsonpal Finance & Leasing Ltd. is a leading nonbank finance company (NBFC) in New Delhi, India. The company provides a wide variety of financial services, including but not limited to lending, trading, and investment.

Finding multibagger stocks is important for building wealth. Discover potential multibaggers at Sovrenn Discovery 

1- Lending Services

• Loans: Jagsonpal Finance & Leasing has a range of loan products for individuals and businesses, including customization. Thus, these loans provide financial support towards personal needs, business development, and more.
• Interest on Loans: The interest earned on customers' loan accounts is one of the many ways the company earns income. Such income is crucial to the company's financial performance.

2- Investment Activities

• Trading of Shares and Securities: Jagsonpal buys and sells shares and other securities, thus actively engaging themselves in stock markets. This activity enables the company to take advantage of the market and earn profits for its stakeholders.
• Commodity Trading: The company also trades commodities, thus maintaining diversity in its investment portfolio and managing the losses due to volatility in commodities markets. Commodity trading entails buying and selling raw materials or significant crop products and is a profitable means of investment.
• Real Estate Investment: Jagsonpal also buys and invests in real estate properties, including land and buildings. This indirect tactic aims to take advantage of the rapid increase in property value over time, helping the company grow and earn profits.

Investing has built huge wealth for several HNI investors. Learn investing FREE OF CHARGE at Sovrenn Education 

Also Read: PG Electroplast Limited (PGEL) Company Profile: Products, Promoters and Clients

3- Asset Management and Recovery

• Recovery of Dues: The firm intends to collect outstanding dues from its clients, ensuring healthy cash flows and stability. Efficient practices and processes in debt recovery are essential for organizations' long-term viability.

4- Corporate Structure and Leadership

Jagsonpal Finance & Leasing Ltd. operates under the leadership of a seasoned management team:

• Karthik Srinivasan: Over 20 years of multinational professional experience in Banking and Technology in India, Australia, and Asia. His professional interests focus on integrating financial services and technology, particularly new-age digital banking and traditional banking systems.
• Board of Directors: In addition to the independent directors, company secretaries on the board of directors add further governance, which is responsible for the company's strategic management.

5- Financial Performance and Market Presence

• Jagsonpal Finance is listed on the Bombay Stock Exchange (BSE) under the ticker symbol 530601, allowing its shares to be traded. As a public company, it maintains transparency and good governance, which investors and market analysts closely monitor. These factors play a key role in supporting the company's market value.

Question 2: Who are the promoters of Jagsonpal Finance & Leasing Ltd?

According to the company website, the Company was earlier promoted by Late Jagmohan Singh Kochhar and Dr Kanwarpal Singh Kochhar. The Company is now promoted by Karthik Srinivasan.

Karthik Srinivasan is the current Chairman and Managing Director of Jagsonpal Finance & Leasing Ltd. He has more than 20 years of experience in banking and technology.

Also Read: Brisk Technovision Ltd Company Profile: Products, Promoters and Clients