10.08 -0.07(-0.69%)
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Baid Finserv Limited, formerly Known as Baid Leasing and Finance Company Limited was incorporated on December 20, 1991. The Company received Certificate of Commencement of Business on December 1, 1992 from Registrar of Companies at Jaipur. Finally, the Company was renamed from 'Baid Leasing and Finance Company Limited' to 'Baid Finserv Limited' on July 08, 2022. It is a Non- Deposit Taking NBFC carrying out the business of providing Car Loans, Commercial Vehicle Loans (new & used), MSME Loans, Loan Against Property and other asset backed loans. The Company is deeply penetrated in the semi urban and rural areas in Rajasthan and has started operations in Madhya Pradesh.Presently, the Company is engaged in the business of leasing and hire purchase, auto finance business etc. The Company expanded its geographical presence by reaching out to underserved/unserved semi urban/rural areas and increased its footprint by opening 5 new branches in Madhya Pradesh and making it more accessible to its customers and further planning to strengthen the presence in Gujarat and Maharashtra.In 2012, the Company expanded its footprint to 20 branches in Rajasthan; in 2015, it started LAP/Mortgage loans.In 2019-20, with respect to amalgamation of Jaisukh Developers Private Limited, Skyvi...