Ahmedabad, India
Parsoli Corporation Ltd is a publicly listed company on the Bombay Stock Exchange Ltd. with a market capitalization of around USD 25 million as of 15th May 2007. The group's consolidated net worth is approximately USD 5 million as of 31st March 2007. Since March 2005, Parsoli Corporation Ltd has attracted USD 10 million of equity capital in Foreign Direct Investment (FDI). Noteworthy large shareholders include European financial institutions/investment bankers like Baader Wertpapierhandelsbank AG from Germany and Gulf Investment Services (S.A.O.G) from Oman.
Parsoli Corporation Ltd. (PCL) is authorized by the Reserve Bank of India to engage in the business of a non-banking financial company (without accepting public deposits). Additionally, Parsoli is a corporate member of the National Stock Exchange of India Ltd. and the Bombay Stock Exchange Ltd., offering stock broking and advisory services to clients. It also operates as a Depository Participant (DP) with the Central Depository Services (India) Ltd., providing depository services.
Since its establishment in 1990, the company has experienced remarkable growth. The revenue surged 15 times from FY03 to FY07, and the profits soared 146 times during the same period.
This indicates a promising trajectory for Parsoli Corporation Ltd., particularly with its success in attracting FDI and establishing notable partnerships with esteemed financial institutions.
