Upsurge Investment & Finance Ltd. was incorporated in the year 1994. The company started with a paid up capital of Rs. 3.25 millions and later went for public issue in 1995. Its maiden public issue had been subscribed successfully.
Upsurge Investment & Finance is a registered non banking finance company and had successfully come out with its maiden public offering in the year 1995. Upsurge Investment & Finance is mainly engaged into investments and finance activities. At present company's net worth is Rs. 141.5 million comprising of paid up share capital of Rs. 91.4 million and its reserves are Rs. 50 million as on March 31, 2007. The company's shares are listed at Bombay Stock Exchange, Mumbai.
The company's shares were listed in the Bombay Stock Exchange, Ahmedabad Stock Exchange, and Jaipur Stock Exchange & Madhya Pradesh Stock Exchange in 1996. Subsequently the equity shares of the company were delisted from Jaipur Stock Exchange & Ahmedabad Stock Exchange in the year 2003 and 2004 respectively, in accordance with SEBI (Delisting of Securities) Guidelines, 2003 for voluntary delisting
The company is managed by qualified Chartered Accountants and finance professionals, each having more than a decade of experience in their relevant field. The company is operating from Mumbai, Financial Capital of India.
Business area of the company: Upsurge Investment & Finance is a non banking finance company primarily engaged in the investments and finance activities.