Quest Capital Markets Ltd

Quest Capital Markets Ltd

Incorporated on 17th April 1986 as BNK Leasing Limited. Subsequently the name of the company was changed to the present one on 28th April 1994. Promoted by B.N. Khandelwal R.S. Khandelwal and Ajit Khandelwal. Presently engaged in the trading of securities leasing mobilisation of fixed deposit scheme of others companies investments in securities for long term and short term investment banking services comprising loan syndication services bill discounting syndication lease consultancy etc. and has set up an equity research cell to conduct indepth research on companies and industry.BNK Stock Brokers Pvt. Ltd was a wholly-owned subsidiary of the company the company has disinvested its holding to the extent of Rs 25 lacs for strategic reasons. BNK Stock Brokers Pvt. Ltd merged with BNK Securities Pvt. Ltd with effect from 1.4.1997 vide order dated 16.6.98 of the Hon.High court at Calcutta. Upon the merger the company ceased to be a subsidiary company.During the year 2000-01the company has invested into BNK eSolutions Pvt Ltd to a tune of Rs.2.88 crores to set up an international call centre at Infinity TowersSalt LakeKolkata. This would be the first project of its kind in Eastern India.This project is expected to commence operation in the financial year 2001-02.During the year 2000-01the company has surrendered its registration as Category 1 Merchant Bankers with SEBI and is reviving its application with RBI to act as NBFC.