Savani Financials Limited, a non-banking financial services company, provides financial services in India. It offers asset based finance, investments, and advisory syndication services. The company is based in Mumbai, India._x000D_ _x000D_ Savani Financials was incorporated on December 21, 1983 and went public on September 13, 1994. The company has been accumulating losses and in FY08 continued its thrust on recoveries. _x000D_ _x000D_ The management of the company is looking to identify niche segments revive business and is also exploring the possibility of venturing into a new business to augment resources._x000D_