Spark the Rise Lord Fin Cap

investor zone

FINANCIAL STRUCUTRE - pre & post expansion
In view of the growth prospects of the company and its future plans to tap into new markets as well as products, the capital structure of the company was revamped in the previous year whereas the authorized capital was increased from Rs. 8 crores to Rs. 20 crores.

The present financial structure of the company comprises of its own capital and other corporate and non corporate borrowings.

The company now plans to diversify its capital structure by availing of bank finance and reducing its exposure to inter corporate and other borrowings.

The company presently is operating, through various dealers, in almost all the areas of Delhi. It has a fair amount of chunk in the vehicle finance business in Faridabad and Ghaziabad areas. The current market base of the company may be divided into the following business segments:

- Two wheeler finance
- Three wheeler finance
- Personal loans

In the year 2013-14, the amount financed under different business segments was as follows:
Type Amt. in lacs No. of cases
Two Wheeler Loans 1417.11 lacs 3627 cases
Three Wheelers Loans 666.00 lacs 538 cases
Personal Loans 603.96 lacs 335 cases
TOTAL 2687.09 lacs 4500 cases

(based on the year 2013-14 data)
For future plans, the company proposes to enhance its reach into vehicle finance by including four wheelers as well. In addition, it also has plans to venture into gold loan market.