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Past performance
About VLS Finance Ltd VLS Finance Limited, initially known as Vardhman Leasing and Services Limited, was established in January 1986. After voluntarily surrendering its Certificate of Registration with the RBI in 2014, the company transitioned into a stock broking and proprietary investment business upon joining the Bombay Stock Exchange. VLS Finance offers merchant banking services, including issue size and pricing determination, offer document drafting, regulatory coordination, and market strategy formulation. As of March 31, 2023, it boasts a net worth of Rs 10,793 million.
The company engages in leasing, hire-purchase, merchant banking, consultancy services, and international finance. It established VLS View Asset Management and VLS Securities in the mid-1990s to expand its mutual fund operations and market presence. Overseas, it formed subsidiaries like VLS International and VLS IRIS India Advisory to offer investment banking and advisory services. VLS Finance is registered as a Non-Banking Finance Company, benefiting from RBI's relaxed credit ceilings, enhancing its business prospects.