Past performance
About Ceejay Finance Ltd Ceejay Finance Ltd, initially established as Heritage Packaging Limited in 1993, is a public limited company based in Gujarat, India. Transitioning from its original manufacturing operations in flexible packaging, the company evolved into a financial services provider. Registered as an Asset Finance Company - D NBFC with the Reserve Bank of India, Ceejay Finance offers a variety of financial products including vehicle loans, SME business loans, loans against property, personal loans, microfinance loans, and insurance services. With an asset management portfolio exceeding Rs 500 Crore, the company has served over 1.2 million clients across India.
The company's shift to finance occurred after its amalgamation with Ceejay Finance Ltd., marking a significant change from its manufacturing roots. It maintains a strong Capital Adequacy Ratio, exemplified by a 34.40% ratio in 2001, surpassing the RBI's requirement of 15%. In 2002, it issued shares through a Scheme of Amalgamation, further consolidating its position in the financial sector.
Performance overview