Incorporated in 1992 as Rachana Fin Consult Private Ltd.The main promoters of the company are Mr Dhanesh M Jain, Mr Rajendra N Chopra, Mr Saurabh C Choksi. They all are claimed to have rich experience in the field of finance and industry.

The company proposes to provide a wide spectrum of financial services like Leasing, Hire Purchase, Bill Discounting, Stock Market Operations, ICDs etc.The promoters are claimed to have wide contacts in the stock and financial markets.It also plans to move into the area of Non Fund Based Activities like Management Consultancy, Loan Syndication etc. A major part of the project cost of Rs 3.8 crores is raised by equity and the remaining by way of fixed deposits.