Transcorp International LtdBOM 532410 Stock Report

Transcorp International Ltd. engages in the business of money changing, inward remittance, car renting services and organizing tours and travels services. The company is headquartered in Jaipur, Rajasthan. The company went IPO on 2005-08-31. The firm operates through a single segment, Foreign Exchange and Remittance for its standalone financials. The firm offers multi-faceted services, including family maintenance, non-resident external (NRE) Repatriation, Prepaid cards and wallets in association with RUPAY and Yes Bank, travelers' cheques in association with AMEX, Forex travel cards in association with Axis bank, ICICI Bank and other, domestic money transfer via Transcash. The company is also an extension to the SBI official branch and provides a slew of services on behalf of SBI, such as collection of various deposits, as well as processing and disbursement of loans. A customer can open a savings account, deposit money in his account, withdraw from his account, ask for bank statements, and transfer money through these locations.