The Company has raised its capital issuing equity shares through private placement. Commencing with a share capital of a 2.5 crores the Company now has a subscribed capital of 6.4 crores, and plans to increase the same to the authorized limit of Rs 10 crores immediately.

The equity shares of Rs10 nominal value are now issued at a premium of 5% i.e. Rs.10.50 translating reserves of the company into value of shares. 680 shareholders hold shares ranging from 1000 shares to 50000 shares in the company.

The company intends to accept deposits from the public as a source of short term finance. Negotiations are on with Reserve Bank of India for accepting deposits on profit and loss sharing basis.