Jagsonpal Services
53.05
-2.55(-4.59%)
Market Cap₹96.56 Cr
PE Ratio-22.69
Company Performance:
1D-4.59%
1M-5.15%
6M-34.22%
1Y+31.51%
5Y+4,395.76%
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More news about Jagsonpal Services
17Oct 25
Jagsonpal Services Reports Q2 FY26 Loss of Rs 98.69 Lakhs Amid Corporate Restructuring
Jagsonpal Services Limited (formerly Jagsonpal Finance & Leasing) reported a net loss of Rs 98.69 lakhs for Q2 FY26, compared to a profit of Rs 11.08 lakhs in Q2 FY25. Total income increased by 15.6% to Rs 15.77 lakhs, while expenses surged by 4376.2% to Rs 114.59 lakhs. The company has changed its name and is now focusing on software/IT projects. It has entered into an agreement to acquire Welcast Finstocks Private Limited, with 18% of the purchase consideration paid. The balance sheet shows total assets of Rs 1,463.19 lakhs and total equity of Rs 1,410.08 lakhs as of September 30, 2025.
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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.
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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.
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Jagsonpal Services
53.05
-2.55
(-4.59%)
1 Year Returns:+31.51%
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