Pressman Advertising Ltd

Pressman Advertising Ltd

Since its incorporation Nucent Finance(previously known as Pressman) is engaged in leasing and hire-purchase and has maintained a steady growth. In 1987 it diversified by setting up a plastics division to manufacture PVC containers. However with effect from 1 Jan.'94 this division has been leased out to an Indo-French joint-enture company Dubreuil Pressman. With the transfer of the division Nucent has been focussing only on the financial services sector both fund- and non-fund-based.The company is a SEBI registered category-I merchant banker. It has applied to SEBI for commencing portfolio management services and has also sought membership of the OTCEI. It is a member of the National Stock Exchange for both the debt and capital market segments. Nucent has promoted Corporate Management Services & Research jointly with the Vinod Gupta School of Management under the aegis of the Indian Institute of Technology (IIT) Kharagpur to offer a wide range of services to industry and institutions. The company made a diversification in 2000 by entering into internet technologies and has set up Nucent Technolgiesa separate division. This division had performed well in 2000-2001. The companies subsidiaries are Nucent Share and Stock Broking Limited and Nucent Securities Limited. The former one is a member of Calcutta Stock Exchange and the latter is a member of NSE.