Jhaveri Credits and Capital was incorporated on October 7, 1993 and is promoted by Jitendra B Jhaveri, Shakuntala Jhaveri and Rajesh Jhaveri for the purpose of carrying on the business of leasing and hire purchase, bill discounting etc.

In January 1996, company came out with a public issue of 35,40,000 equity shares of Rs 10 each for cash at par aggregating to Rs 3.54 crore to augment long term requirement of funds to meet the needs of expanding business. The company proposes to expand its activities in the area of hire purchase and leasing. The strategic focus will be to provide financial services to industrial sector and transport.

The registered office of the company is located at 301, Payal Towers, Sayajigunj Vadodara, Gujarat-390005.

Business area of the company

The company is presently engaged in the business of leasing, hire purchase, intercorporate deposits, investments in primary and secondary market business.