Incorporated in 1993, as a Private limited company named Mehta Housing Finance_x000D_ Private Limited and It was converted into public limited in Aug, 94._x000D_ The company is promoted by Mehta Integrated Finance, engaged in Leasing, _x000D_ Hire Purchase, and Merchant Banking activities. Naranbhai H Bhatt is the _x000D_ Chairman of the company._x000D_ _x000D_ The company has Started with the building Housing Finance Portfolio and has deployed an amount of Rs. 50 lacs on the same, right from the start the company concentrate in establishing the housing loan port-folio in and around _x000D_ Ahmedabad. Mehta Housing engaged in providing long term housing finance for _x000D_ purchase or construction of house/flats to individuals. The company finance to builders, developers and also devlop housing property on its own and provide dwelling units to the consumers._x000D_ _x000D_ In Jan, 95 the company came with the public issue of 15,00,000 equity shares_x000D_ aggregating Rs. 3.75 lac, for meeting increasing demands of housing finance and to augment its long term resources and also strengthen its capital base._x000D_ _x000D_ During the year company plans to increase its financial operations. _x000D_ _x000D_