Rajkot Investment Trust Limited was incorporated as a public limited company under the Companies Act, 1956, on June 29, 1982 with an authorized capital of Rs 50,00,000/- and a paid up capital of Rs. 3,500/-. Company is also categorized as Non-Banking Financial Company (NBFC)-Loan Company and was registered with the Reserve Bank of India (RBI) on 05/08/1999 with certificate Registration 01.00308. Company had come with IPO of 1,20,000 Equity Shares in the year of 1983 and at present 10,00,000 Equity Shares are listed in Ahmedabad Stock Exchange Limited (ASE)
The Company is managed by qualified professionals having experience in the Finance sector. The Qualifications and Experiences of the people on board are key factors for the growth achieved by the company in recent period. The Management is strictly applying its internal control through optimization of funding costs, identification of potential business areas, cost efficiencies, strict credit monitoring and raising the level of customer service.
2 Vision :
To be the most trusted and preferred Investment and financing company, excelling in customer service delivery through committed and empowered employees.
To be a dynamic and responsive organization catalyzing economic development by identifying and financing commercially viable industries, providing valued advisory & consultancy services, promoting entrepreneurship through effective mentoring, skill development and capacity building of the small and medium enterprises.
4 Business Profile Of The Company:
The Company is a Registered as Non-Banking Finance Company (NBFC) with Reserve Bank of India and presently carrying out the business activities relating to investment and loan Company under the prescribed guidelines of RBI.
5 Object / Principal activity of the company
- To carry on the business of an investment company and to underwrite, sub-underwrite, to invest in, and acquire and hold , sell buy or otherwise deal in share debentures, debenture-stocks, bonds, units, obligations, and securities issued or guaranteed by Indian or Foreign Governments, States, Dominions, Sovereigns, Municipalities, or public Authorities or bodies and share, stocks , debentures, debentures-stocks, bonds, obligations, and securities issued and guaranteed by any company, corporation, firm , or person whether incorporated or established in india or elsewhere.
- To Finance Industrial Enterprises.
- To manage investment pools, mutual fund syndicates in share, stocks, securities, finance and real estate.