Jagsonpal Services
60.00
0.00(0.00%)
Market Cap₹109.20 Cr
PE Ratio-24.49
Company Performance:
1D0.00%
1M+7.33%
6M+12.15%
1Y-5.93%
5Y+2,841.18%
View Company Insightsright
More news about Jagsonpal Services
10Sept 25
Jagsonpal Finance to Acquire Welcast Finstocks, Eyeing Expansion in Education Finance
Jagsonpal Finance & Leasing plans to acquire Welcast Finstocks Pvt Ltd, an NBFC, to strengthen its lending capabilities and focus on education finance, particularly overseas education financing. The acquisition, pending regulatory approvals including RBI clearance, aims to combine Welcast's retail and SME lending expertise with Jagsonpal's tech-driven platform. The move is expected to create value through market leadership in overseas education lending, expanded operational scale, enhanced technology integration, and deeper geographic reach in underserved markets.
 no imag found
18Aug 25
Jagsonpal Finance to Acquire Welcast Finstocks, Plans Name Change to Jagsonpal Services
Jagsonpal Finance & Leasing Limited's Board has approved the acquisition of Welcast Finstocks Private Limited for Rs. 212.23 per share, encompassing its entire paid-up share capital. The company has also initiated steps to change its name to Jagsonpal Services Limited, subject to shareholder approval. The acquisition is expected to be completed by December 2025, pending regulatory approvals. Welcast Finstocks, an NBFC registered with RBI, has reported nil turnover for the past three financial years.
 no imag found
Jagsonpal Services
60.00
0.0
(0.0%)
1 Year Returns:-5.93%
Industry Peers
Bajaj Finance
1,030.20
(+1.29%)
Shriram Finance
1,059.30
(+0.44%)
Cholamandalam Investment
1,669.60
(-0.42%)
Muthoot Finance
3,460.00
(+1.44%)
SBI Cards
785.60
(-1.58%)
Sundaram Finance
5,178.00
(+0.06%)
Authum Inv & Infr
506.00
(-0.33%)
Poonawalla Fincorp
471.15
(-0.77%)