Key Corp Limited, established on November 26th, 1985, originally operated under the name Key Leasing And Finance Ltd., marking its inception in Kanpur, Northern India. Operations commenced on December 11th, 1985, following the receipt of a Certificate of Commencement of Business from the Registrar of Companies U.P. Kanpur. Subsequently, the company sought a name change, leading to the issuance of a fresh Certificate of Incorporation under its new name, Key Corp Limited, by the Registrar of Companies U.P. Kanpur on April 17th, 1996.
The establishment of Key Corp Limited emerged from the visionary efforts of finance, banking, and industry experts recognizing the necessity for a local entity providing efficient financial services to industries, thereby reducing reliance on larger financial centers.
In 1986, Key Corp Limited initiated its Initial Public Issue, offering 250,000 shares, which garnered significant interest, oversubscribed by 6.7 times. Furthermore, in 1991, the company issued a Rights Issue in a ratio of 1:1 share. Key Corp Limited strategically utilizes its capital resources in Hire Purchase operations, while surplus funds are deployed in Mutual Funds Units to optimize earnings.
The establishment of Key Corp Limited emerged from the visionary efforts of finance, banking, and industry experts recognizing the necessity for a local entity providing efficient financial services to industries, thereby reducing reliance on larger financial centers.
In 1986, Key Corp Limited initiated its Initial Public Issue, offering 250,000 shares, which garnered significant interest, oversubscribed by 6.7 times. Furthermore, in 1991, the company issued a Rights Issue in a ratio of 1:1 share. Key Corp Limited strategically utilizes its capital resources in Hire Purchase operations, while surplus funds are deployed in Mutual Funds Units to optimize earnings.
