YEAR EVENTS 1983 - S.P. Capital Financing Ltd. was incorporated on 8th March, as a private limited Company in the name and style of SP Business & Management Services Pvt. Ltd. under the Companies Act 1956. - The Company was engaged in providing Financial Consultancy Services like preparation of Feasibility Report, Project Report and Syndication of Project Finance from Financial Institutions and Banks. - Since incorporation the Company is engaged in non-fund based activities like preparation of project report, Undertaking Feasibility study, Syndication of project finance etc. 1992 - The Company has started fund based activities like Bill Discounting, Leasing and Investment in Stock & Securities. - The Company has well equipped with the current Computer software packages like IDSS, METASTOCK, etc. which are relevant from the research point of view. The company has installed IBM COMPATIBLE PC/AT-3 Computers and 3 Printers with a network of 8 terminals. - The Company has developed decent data base on Corporate Sector with technical and statistical analysis of the Companies listed on the Stock Exchanges. - The Company has also built up an in-house library and maintains a well documented collection of information on various aspects of trade, finance and industry. 1994 - The Company was converted into a Public Limited Company by passing a special resolution dated 14th January, and certificate of change of name dated 25th February, was obtained from Registrar of Companies, Maharashtra, Mumbai. - A fresh Certificate of incorporation was obtained consequent to change in the name to SP Capital Financing Ltd. on 7th July. - The Company is authorised as a Category I Merchant banker by SEBI, vide their letter dated 16th September. - The main clients of the Company include - Ranbaxy Laboratories Ltd., Electric India Ltd, Hindustan Alloy Mfg Ltd., Bagade Engineering Ltd, Arabian Exports Ltd., Wockhardt Ltd. etc. - The Company is engaged in the area of purchase and sale of securities. 1995 - During the year, the Company has make a Public Issue of 20 Lacs Equity Shares of Rs. 10/- each at a premium of Rs. 10/- per share, aggregating to Rs. 400 Lacs which was very well subscribed by the investing Public. 1996 - The Merchant Banking business has been highly effected due to failure of number of Public Issues as the stock of medium size companies are not getting support from public. 2011 -The Company has recommended dividend of 0.20 paisa per share (2%). 2012 -The Company has recommended dividend of 0.20 paise per share (2%) 2013 - SP Capital Financing Ltd has recommended dividend of 0.20 paise per share (2%) 2014 - SP Capital Financing Ltd has recommended dividend of 0.20 paise per share (2%)