Som Datt Finance Corporation Ltd Company Profile: Products, Promoters and Clients

Question 1: What are the products and services of Som Datt Finance Corporation Ltd?

Som Datt Finance Corporation Limited (SDFCL) is a non-deposit accepting Non-banking Financial Investment Company incorporated on 19 October 1993 which is registered under the Reserve Bank of India. As a securities investment NBFC, SDFCL provides financial services and proprietary investment in stocks and securities.

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1- Proprietary Investments:

• Equity Investments: In Various equity instruments, SDFCL invests with the expectation of making profits through appreciation and income from dividends.
• Debt Securities: A percentage of the total amount at SDFCL is invested in delinquent instruments such as bonds and debentures to ensure that steady revenues are to be earned, especially in highly volatile situations where income regularly deviates.

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2- Financial Services:

• Project Consultancy: Clients can get advisory services on planning a project or even buying a project from international clients for whom the interface would be complex. This is done through SDFCL's online project finance.
• Loan Syndication: SDFCL arranges a large amount of loans through a number of lenders to meet the demand of its clients.
• Bill Discounting: The cash flow problems of a company that needs short-term finance modes can be met through the SDFCL's bill discounting services, where a high amount of accounts receivable is converted into cash almost instantly.
• Financial Advisory Services: Such a firm advises its clients on the chances of agreeing within the scope of politics, synthetic investing planning, risk management, and many more.

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3- Insurance Services

• General Insurance: Under its auspices, SDFCL has been able to expand into the general insurance domain, offering clients various kinds of insurance that could assist them in mitigating various risks.
• Motor Insurance: The firm also provides motor insurance coverage policies to vehicle owners to protect them against sudden losses.

4-Merchant Banking

• In 1994-95, SDFCL was registered with the Securities and Exchange Board of India (SEBI) as a Category-I Merchant Banker, which made it able to provide services concerning underwriting of securities issues, management of issues and other merchant banking activities.

5- Information Technology Ventures

• Another area that SDFCL has covered is the information technology sector, which includes setting up educational and training Centers with partners.

6- Commodity Trading

• The company has made investments in businesses pertaining to commodity trading, which has broadened its reach into the financial services sector.

Question 2: Who are the promoters of Som Datt Finance Corporation Ltd?

The Promoter holding of Som Datt Finance Corporation Ltd is 69.36%.  Bhaskara Rao Bollineni is the Chairman and Subba Rao Veeravenkata Meka is the Managing Director of the company.

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