Morarka Finance Limited, initially incorporated as Morarka Holdings Limited in 1985, is a prominent Non-Banking Finance Company (NBFC) under the Morarka Group. Renamed in 1993, the company successfully launched its Initial Public Offer in 1994, leading to its listing on the Bombay Stock Exchange (BSE). With a focus on portfolio management, Morarka Finance offers services in investment securities, corporate advisory, and loan advancement, leveraging extensive market expertise to benefit clients.
From its inception with a capital of Rs. 44 Lac, the company expanded its activities beyond trading and marketable securities to include merchant banking and OTCEI trading by 1992. It increased its capital base to Rs. 157 Lacs in 1993-94 to support its growing business. The company has held a Category II Merchant Banker status, co-managed public issues, and acted as an authorized agent for American Express Bank. This diverse expertise positions Morarka Finance as a knowledgeable partner in navigating volatile stock markets.
