Sonal Mercantile Company Description

Sonal Mercantile Limited, a non-banking financial company, provides secured and unsecured loans and advances to individuals and body corporates in India.

The company offers inter corporate and personal loans, home loans, long term and short-term loans, and loans against guarantee and properties, as well as trade financing, bills discounting, and project appraisal services.

It also engages in the trading of shares and securities; and arbitrage business in stock and commodity market, as well as provides financial consultancy and IPO funding services.

In addition, the company invests in quoted and unquoted securities. Sonal Mercantile Limited was incorporated in 1985 and is based in New Delhi, India.