The Comp. was incorporated on 10th November 1993 as Lalbhai Finance and Trading limited with the Registrar of Companies, Gujarat at Ahmedabad & obtained Certificate of Commencement of business on 7th December 1993. The name of the Comp. was changed to Lalbhai Finance limited on & with effect from April 20, 1994 vide fresh certificate issued by Registrar of Companies, Gujarat. At present the Comp. is engaged in the activities of Leasing of Plant and Machineries, Hire-purchase of vehicles including two wheelers, Bills Discounting, Primary Market Financing, Inter Corporate Deposits & Investments. The Comp. is offering a wide spectrum of financial services. This includes both fund based & non-fund based activities comprising Leasing, Hire Purchase, Bills Discounting, Inter Corporate Funds Placement, Loan Syndication, Factoring, Tie-up of NRI investments, Portfolio Management.