Incorporated in the year 1986,  Hybrid Financial Services (Formerly known as Mafatlal Finance Company Limited) was mainly engaged in Equipment Leasing & Hire Purchase, Loan Syndication and Merchant Banking. In the year 2008, the company’s name was changed to Hybrid Financial Services Limited and the company discontinued its activity as Non-Banking Finance Company (NBFC). The company is engaged as service provider to Telecom and Other Sectors. Company’s subsidiary Mafatlal Securities limited is actively engaged in the business of Stock Broking and is a member of BSE and NSE beside a Depository Participant. Its name is also changed to Maximus Securities Limited.

Business area of the company

The company is engaged as service provider to Telecom and Other Sectors.