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Aug 19, 2010

Apple Finance Ltd - 500014

 

 

Name of Company

Apple Finance Ltd

BSE Code

500014

NSE Code

APPLEIND

ICICI Code

Established

My Take

Dislike

Headquarters

Promoters

Atul Nishar (Hexaware/Aptech founder)

Story

This company has been defunct from 2003. Banks have tried to sale its properties, esp the one in Bandra, Mumbai. Some say that this 10 storey building is worth to the north of 300 Cr. 75 Cr loan long back has turned into a >300 Cr as well.

Sector

NBFC

Sub-sector

Defunct non-existent finance company

Website

No website

Positives

Negatives

This company is not doing anything now. Just waiting for the court case to settle and sell it land, repay its bankers.

Peers

News

2005 sale

Price @ blogged

7.1 (13-Aug-10)

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