Sonal Mercantile LtdBOM 538943 Stock Report

Sonal Mercantile Ltd. a non-banking financing company, provides secured and unsecured loans and advances in India. The company is headquartered in New Delhi, Delhi. The company went IPO on 2015-02-09. The firm is engaged in the business of providing secured and unsecured loans and advances. The company also makes investments in both quoted and unquoted securities. The firm offers specialized solutions for meeting specific liquidity requirements with technical insights into capital markets. The company is primarily focused on providing loans and advances, including inter corporate loans, personal loans, long term and short-term loans, trade financing, bills discounting, project appraisal, loans against guarantee and properties. The firm is also engaged in trading in shares and securities and arbitrage business in stock and commodity market.