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Past performance
About Hybrid Financial Services Ltd Hybrid Financial Services Limited, initially established as Mafatlal Finance Company Limited in 1986, is a financial service provider under the Arvind Mafatlal group. Transitioning from a private to a public entity in 1992, it rebranded in 2009-10. The company specializes in management consulting, debt recovery, and offers advisory services in financial, legal, and taxation domains. Additionally, Hybrid Financial Services operates as a Category I Merchant Banker and holds membership with the OTCEI, while its wholly-owned subsidiary, Mafatlal Securities Ltd, extends its operational capabilities.
Headquartered in Bombay with regional offices across India, the company has diversified interests including investment banking, consumer finance, and corporate finance. Despite setbacks, such as the RBI's rejection of its NBFC application due to net worth erosion, the company has over 300 clients and plans to expand into asset management and stock broking. In 2012, a preferential share allotment increased the promoters' stake to 63.74%.