The Company was incorporated on 16th May, 1991 under the name and
 style of Vantage Financial Consultancy Services Pvt. Ltd.  with the
 Registrar of Companies, Maharashtra at Bombay. The Company's name was
 changed to Vantage Financial Services Ltd.  and converted into public
 limited
 company with effect from 30th October, 1992 to reflect the company as
 a full fledged financial services company.
 
 Background of the Industry
 
 The Company is engaged and operating in the financial services and
 finance-related activities - an emerging Industry.
 
 Strengths & Weakness
 
 The Company is already in the line of financial services and is a
 Category IV Merchant Banker registered with SEBI. An the same is
 awaited. Underwriting is another area which has immense income
 generating potential. Sensing this, the Company has already applied
 to SEBI for Registration as Underwriters and the registration is
 expected shortly.
 
 The Company would face competition from established firms and
 institutions with large resource base. Moreover, limited funds
 availability would be a constraint in expanding infrastructure which
 again could affect the growth of the organisation.  However, the
 company presently proposes to utilise its limited sources to cater to
 various
 needs of its existing clientele and develop the business over a
 period of time by prudential re-investment plan. 
 
 MAIN OBJECTS OF THE COMPANY
 
 Main objects of the company as set out in the Memorandum of
 Association are as under :
 
 1. To carry on the business of financiers and to undertake, carry on
 and execute all kinds of financial and business operations (except
 Banking and Insurance business under The Banking Regulation Act,
 1949, and Insurance Act, 1938) as carried on by financing houses,
 shroffs, credit
 corporation, bankers and general financiers.
 
 2. To carry on the business of Merchant Banking in all its aspects,
 to act as Managers to Issue and Offers, whether by way of Public
 Offer or otherwise, of shares, stocks, debentures, bonds, units and
 deposits and to manage portfolio investments and to act as issue
 house, Registrar
 to Issue and Transfer Agents.
 
 3. To set up, provide and/or participate in providing venture
 capital, technology funds or any other funds for seed capital, risk
 capital foundation, including giving guarantees or such other
 financial assistance as may be conductive for development of new
 enterprises, innovative methods of production and development of
 existing and new
 technology to identify projects, project ideas, to prepare project
 profiles, project reports, market research, feasibility studies and
 reports, pre-investment studies and investigation of industries on
 micro and macro level. 
 
 4. To carry on and undertake the business of equipment leasing, to
 give on lease or leave and licence basis, or in any other manner and
 carry on all other operations incidental thereto of all types of
 equipments, property and assets including all kinds of goods,
 articles or things
 including vehicles, ships, travellers, vessels, aircrafts,
 aeroplanes, fly machines, office equipments, computers, satellites
 and any other capital equipment, and whether movable or immovable.
 
 PRESENT BUSINESS OF THE COMPANY
 
 The Company is non-banking financial company and is governed by
 Non-Banking Financial Companies (Reserve Bank) Directors, 1977 issued
 by the Reserve Bank of India. The Company is presently engaged in the
 business of Merchant Banking and is registered with SEBI as a
 Category - IV Merchant Banker. The Company has applied for
 upgradation as
 Category - I Merchant Banker with SEBI and their registration is
 awaited.
 
 The Company was engaged in the Business of Registrars and Share
 Transfer Agents before the enactment of SEBI Act. However, pending
 registration of the company as Category I Registrars and Transfer
 Agents with SEBI, the company has discontinued this activity.
 
 The Company has applied to the Securities & Exchange Board of India
 (SEBI) for registration as Category I Registrar and Transfer Agent
 under the Securities & Exchange Board of India (Registrars to an
 Issue and Share Transfer Agents) Regulations, 1993 vide application
 dated 27th August, 1992 as revised by Application dated 12th August,
 1993.
 
 Performance of Merchant Banking Division
 
 The company has been accredited with the status of Category IV
 Merchant Banker by Securities & Exchange Board of India with effect
 from 16th March, 1993 under SEBI Act, 1992 in the capacity of
 Category IV Merchant Banker, the company is authorised to act as
 Advisors and Consultants to Issue.
 
 The Company has acted as Advisors to four Public & Rights Issues so
 far.
 
 1. Jhunjunu Investments Limited.
 
 2. Suryamukhi Trading & Finance Limited.
 
 3. Prism Mills Limited.
 
 4. Niyati Leasing Limited.
 
 GEOGRAPHICAL PRESENCE
 
 The Company has been operating from Bombay and as a part of expansion
 programme, the company has also set up offices in Nasik & Aurangabad
 and has plans to set up offices in all the important cities of
 Maharashtra. The Company is in the process of recruiting more
 professionals to look after the expanding business activities.
 
 SUBSIDIARIES:
 
 The company does not have any subsidiary.
 
 GROUP COMPANY
 
 Vantage Share Registry Limited
 
 
 2009
 
 - Vantage Corporate Services Ltd has informed that Mr. Kirtan Shah
 has been appointed as director of the Company with effect from April
 01, 2009.
 
 2010
 
 -The company  have signed an agreement with two of Mumbai's most
 prestigious colleges K.P.B. Hinduja College of Commerce and S. K.
 Somaiya College of Arts, Science & Commerce.