Gomti Finlease (India) Limited (GFIL) was incorporated as a Public Limited Company with the Registrar of Companies, Maharashtra at Bombay on April 22, 1993 and obtained the Certificate of Commencement of Business on April 29, 1993. GFIL was incorporated with the main object of carrying on business in the field of financial services. On 20.07.1993, the GFIL took over the activities of the following four Hire Purchase & Equipment Leasing Companies, namely: a) Ram Electronics HPF & Leasing Company Pvt. Ltd. b) Ram Agencies HPF & Leasing Company Pvt. Ltd. c) Ram Enterprises HPF & Leasing Company Pvt. Ltd d) Ram Services HPF & Leasing Company Pvt. Ltd. These four Companies are at present, not engaged in any activities and are holding 44.44% of the present Equity Capital of Gomti Finlease (I) Limited. The Company has, with effect from January 18, 1995, obtained registration from SEBI as Category I Merchant Banker. MAIN OBJECTS OF THE COMPANY The main objects of the company as set out in the Memorandum of Association are : 1. To carry on business and to perform and undertake activities pertaining to leasing, giving on hire or hire purchase, warehousing, factoring and related fields and without effecting the generality of the aforesaid provisions, providing financial assistance by means of leasing, giving on lease, hire or hire purchase, lending, selling, reselling, or otherwise disposing of all forms of immovable and movable properties and assets including buildings, godowns, warehouses and real estate of any kind, nature or user, whatsoever and all types of industrial, office and other plant, equipment and machinery including heavy or medium industrial machinery, computers, electronic data processors, tabulators, air conditioners, medical equipment, domestic equipment/appliances, or any system and any other items of any kind or user whatsoever, whether industrial or consumer and all types of vehicles, ships or aircrafts and any property of any kind, nature or user whatsoever and whether required for manufacturing, processing, marketing, transporting, trading or any other commercial or service business, and for the purpose of purchasing or otherwise acquiring dominion over the same whether new or used. To finance industrial enterprise, and to lend money either with or without security and to such persons or bodies corporate and upon such terms and conditions as the Company may think fit. PRESENT BUSINESS OF THE COMPANY The Company is presently engaged in the following areas : - Lease & Hire Purchase Financing - Office Equipment Financing - Consumer Durables Financing - Investments. - Investment Advisory Services. The company is engaged in diversified range of activities and is hence less susceptible to fluctuations of economic environment. The company's focus shall be on non-fund based financial services while restricting fund based activities to provide tax shelter for high returns. This strategy shall help the company to achieve good profitability without having to take high risk exposure attached to lending while remaining a low debt company. 1. LEASE AND HIRE PURCHASE FUNDING The current Portfolio of the Company which is around Rs. 7.00 crores is well diversified. The assets are financed keeping inview RBI and Lending Bank's norms. Average Recovery percentage against current dues has been satisfactory at 92% during the past one year. 2. AUTOMOBILE, OFFICE AUTOMATION, AND ELECTRONIC GADGETS FINANCING The company is financing mobile vehicles like cars, autorickshaws, etc, office automation products like computers, printers, copiers, EPABX etc., and electronic home appliances like TV, Refrigerators, Audio systems, etc. They provide better returns at lower credit risk. Since inception the company has been actively financing these market segments through Company's accredited Dealer Net work. 3. INVESTMENTS The company follows a cautious and prudent policy in its, investment decision. It has a research cell and data-base to identify investible scrips. The company has been selectively investing in both the primary and secondary markets. The investment decision is taken on the basis of research and market trends. After determination of the Price range and the exposure, in the industry and the Company, the orders are executed by the Vice President. 4. INVESTMENT ADVISORY SERVICES The company advises clients on management of funds for investing in shares and other securities. The company's directors and professionals provide value added investment advice to its clients. The clients consist of mainly individuals and professionals. This activity is at present being done on an honorary basis to develop its clientele. SUBSIDIARIES The Company does not have any subsidiary. 2008 -M/s. Big Shares Services Pvt. Ltd has been appointed as share transfer agents of the company. 2011 -Company has changed its name from Gomti Finlease (India) Ltd. to Two-up Financial Services Ltd. 2012 -Gomti Finlease (India) Ltd has approving the merger of KDJ HolidayScapesLimited ('KHSL') and KDJ Hospitality Private Limited ('KHPL') with the Company. 2013 -The Board has appointed Mr. Vinodkumar Deora as Managing Director of the Company. -KDJ Holiday Scapes & Resorts has splits its face value from Rs 10/- to 2/- -Company has changed its name from Two-up Financial Services Ltd. to KDJ Holidayscapes Ltd. 2015 -KDJ Holiday Scapes & Resorts Ltd has splits its face values of share from Rs. 2 to Rs. 1