Richfield Financial Services Limited was incorporated on April 16, 1992 in the state of West Bengal as a Private Limited Company under the name & style of Richfield Financial Services Limited with the objects of carrying on the business of providing financial services, viz., Merchant Banking, Stock Broking, Portfolio Management, Project Consultancy, Loan Syndication.

Business area of the company

The company is engaged in the business of Finance and Investment in Shares and Securities.

Investment in Shares & Securities: The Company is also engaged in trading of shares and securities. The Company has built-up a Data Bank and Research Division to effectively handle the assignments and to provide technical analysis to the interested section of the investing society. The Company’s existing investments are being held as long-term assets/ basic stock-in-trade and as such, the returns from them are not related in the operations of the Company although market value thereof is more than the book value.

Short Term Financing: The company has engaged itself in the short term financing. Short Term Financing ranging from 3 to 6 months is a good avenue to park surplus funds in any organisation. In the process, it faces the risk of untimely repayment and consequently it may also have to resort to similar means of financing to meet its shortfall. The company has to ensure careful scrutiny of prospective companies before financing.