Support and Resistance Levels
Past performance
About SG Finserve Ltd SG Finserve Limited, initially known as Moongipa Securities Limited, was established in 1994 and rebranded in 2022. The company specializes in supply chain financing solutions, serving a varied clientele from major Indian conglomerates to smaller entities like dealers and retailers. It leverages a technology-driven platform to offer financial solutions, and it is highly rated by CRISIL for its long-term and short-term debt, indicating its reliability as a financial institution.
SG Finserve is listed on the Bombay Stock Exchange since 2015 and holds a Reserve Bank of India license for non-banking financial activities. In 2022, a significant change in management took place with Rahul Gupta and Rohan Gupta acquiring majority control. The company shifted its business focus to include lending, credit, and leasing facilities, alongside its existing investment activities, pending regulatory approvals. These strategic moves position SG Finserve as a dynamic player in the financial services sector.