Escorts Financial Services was incorporated in the name and style of Escorts Leasing and Finance on February 9, 1987. The company became a wholly owned subsidiary of Escorts, the promoter, on September 20, 1990. The company effectively commenced business operations during December 1990 and its name was changed to Escorts Financial Services on July 19, 1991. The company ceased to be a subsidiary of Escorts on September 26, 1992. The company has been promoted by Escorts, which is among India`s leading engineering conglomerates operating in the sectors of agri machinery, construction and material handling equipment, railway equipment and auto components. Farmtrac North America LLC in USA and Farmtrac Tractors Europe Sp.z o.o. in Poland are other group companies.

The company came out with its maiden public issue on January 19, 1995. The company is into leasing and Hire purchase, and into merchant banking services. During the year 1994-95 Escorts Securities became a wholly owned subsidiary of the company.

The company is mainly engaged in Securities trading activity. The company is also engaged in a major cost reduction program. It has switched its operations largely to its non-funded business while cutting down costs and concentrating on recovering whatever monies it can from the market. It has countrywide network intact though staffing levels have thinned.

The registered office is located at N-6, Pratap Building, Connaught Circus, New Delhi-110001.