Key Corp is one of the oldest Non-Banking Financial Company in the Northern India and was incorporated at Kanpur on November 26, 1985 in the name of ‘Key Leasing And Finance’. The company commenced its operations pursuant to certificate of Commencement of Business granted on December 11, 1985 by the Registrar of Companies U.P. Kanpur. An application was moved by the company for change of its name. After this a fresh Certificate of incorporation was issued by the registrar of Companies U.P. Kanpur on April 17, 1996 by its new name ‘Key Corp Limited’. The Registered Office of the Company is situated at 16 / 16-A, Civil Lines, Kanpur-208001 (U.P.).

The formation of the company was a pioneering effort of few experts in the field of finance, Banking and Industry who visualised the need of a company to provide efficient financial services to the industry locally and reduce dependence on the bigger centers for such services.

The initial public issue of the company of 2,50,000 shares was floated in the year 1986 and was oversubscribed for 6.7 times. The company has no borrowings and is a debt free company. The company uses its own capital resources in business of Hire Purchase and deploys surplus funds in Mutual Funds Units for better earning.

Business area of the company:

The company is a registered NBFC and is engaged in finance business since inception from 1986. The company thrust area is vehicle financing, particularly in old vehicle finance and also Investment of Surplus Funds in Mutual Funds. The company has developed expertise in financing and recovery of its loan and builds up sound portfolio of old vehicles. The business activity of the company is mainly concentrated in U.P. where it has found enough scope.