6 Debt-Free Penny stocks

6 Debt Free Penny Stocks

WHAT DOES DEBT FREE MEAN?

The company’s virtually debt-free status gives it the flexibility to consider larger deals.

That’s right, a debt-free lifestyle makes it easier to save! While it can be hard to become debt free immediately, just lowering your interest rates on credit cards, or auto loans can help you start saving. Those savings can go straight into your savings account, or help you pay down debt even faster.

WHAT DOES DEBT FREE MEAN? IS IT GOOD TO INVEST IN DEBT FREE COMPANY?

Debt-free firms are low-risk investments preferred by both amateur and professional investors. Debt is only a short-term fix for the financial crisis. Debt has a higher long-term cost. A debt-free corporation pays a higher dividend yield and has a higher return on equity.

DEBT FREE PENNY STOCKS

6 Debt free penny stocks are :-

1. CES Ord shs

2. SP Capital financing ord shs

3. Sharad Fibres and yarn processors ord shs

4. Comfort Commotrade ltd

5. Som Datt Finance corporation shs

6. Tai Industries ltd.

ces ord shs

CES Limited (Formerly Known As Serve All Enterprise Solutions Limited) Was Joined In Tenth April 1985. The Company Is An Information Technology (IT) And Information Technology-Empowered Services (ITeS) Supplier Devoted To Serving The Average Size Market Of Worldwide Undertakings.​

Inside India, The Conveyance Communities Are Situated In The IT Centers Of Hyderabad Chennai, And Visakhapatnam. It Additionally Has A Close Shore Presence Through Offices In Europe North America And The Middle East. It Has A Laid-Out History Of Conveying Quicker ROI For Clients In Explicit Specialties Inside Different Businesses, For Example, Asset Management Space Inside The Financial Services Industry EHR/EMR Contributions And Consulting Administrations To The Healthcare.Es.​

The Company has spent Rs.30 million for interiors and ample infrastructure to make it an ultra-modern Service Delivery Centre (SDC). In FY 2016-17 the company announced the purchased property of 26358 square feet at Fourth Floor Ramky Selenium Nanakramguda Gachibowli Hyderabad 08 from JMKGEC Realtors Private Limited and SDNMKJ Realty Private Limited.​

This property is located in the financial district of Hyderabad. The Company had furnished Fourth Floor with high-quality Infrastructure and started its business operations in the month of June 2017. The seating capacity is 350 Employees. The Company has given Rs. 10273844/- loan to its Subsidiary Company i.e. CES Information Technology Private Limited during the FY 2017-18. During the year 2017-18, the Company had entered into any contract/ arrangement with its wholly-owned subsidiary i.e. CES USA Inc.​

The Board of Directors and Shareholders of the Company had supported the agreement up to 30th December 2019. During the monetary year 2018-19, the Company obtained a 37.50% stake in CES Technology Services Private Limited (CTSPL).

Stock Has Been Generating Better Return On Equity Than Bank FD​

Stock doesn't offer attractive dividend returns

SP Capital Financing ord shs

S P CAPITAL FINANCING LIMITED Is Situated In Mumbai, Maharashtra, India, And Is Essential For The Other Financial Investment Activities Industry. S P CAPITAL FINANCING LIMITED Has 6 Absolute Representatives Across Its Areas As A Whole And Creates $69,199 In Deals (USD). There Are 3 Organizations In The S P CAPITAL FINANCING LIMITED Corporate Family.​

Our Products and Services

Our item and administrations will be innovatively serious and while satisfying the necessities of our clients, will offer the most ideal worth to the client. They will be referred to for the reason for which they are marketed, and will be perceived for their quality, strength, dependability, and security. Our items and administrations will follow every relevant norm and regulation pertinent in the nation of the offer.​

Commonly gainful connections of a persevering through nature will be worked with clients. Our reaction to the requirements and assumptions for clients will be expedient, gracious and successful.​

No bogus or misdirecting claims will be made while showcasing our items or administrations. Our administration norms will be of the greatest request.​

Client objections and guarantees will be taken care of the fullest fulfillment of the client and as per set down strategies with no extra burden being caused to the client​

Our items and administrations will not be promoted for any enemy of public or criminal operations. Our item leaflets and other promoting data will be plainly drill down the realized potential dangers related with the utilization of the items or administrations and ways of diffusing or dispose of the dangers.​

We will attempt to make accessible a satisfactory stock of spaces to support our items, especially should there be a need to suspend the assembling of anything or item model.​

sharad fibres and yarn processors ord shs

SHARAD FIBRES AND YARN PROCESSORS LIMITED is located in Mumbai, Maharashtra, India and is part of the Remediation and Other Waste Management Services Industry. SHARAD FIBRES AND YARN PROCESSORS LIMITED has 21 total employees across all of its locations and generates $138,087 in sales (USD). (Employees figure is modelled). There are 3 companies in the SHARAD FIBRES AND YARN PROCESSORS LIMITED corporate family.​

Comfort commotrade ltd
Debt free penny stocks

Comfort Commotrade Ltd, incorporated in 2007, is currently engaged in the business of commodity broking. It is a member of MCX and NCDEX. It offers trading in commodities such as, bullion (gold, silver), energy (crude oil, natural gas), metals, food grains (rice, maize), spices, oil and oil seeds and others.[1]​

Comfort Commotrade Limited was originally incorporated in Mumbai as, “Comfort Commotrade Private Limited” on 5th November, 2007 under the Companies Act, 1956 vide Certificate of incorporation issued by the Registrar of Companies, Maharashtra, Mumbai. It was subsequently converted into a public limited company and consequently, the name was changed to “Comfort Commotrade Limited” vide fresh certificate of Incorporation on 21st May 2012 issued by the Registrar of Companies, Mumbai, Maharashtra.

The Equity Shares of the Company were initially listed on the SME Platform of BSE Limited. However, due to migration, the Equity Shares are now presently listed on BSE Main Board vide BSE notice dated April 26, 2016. The Company has a Wholly Owned Subsidiary – Anjali Tradelink FZE in the UAE, incorporated as of 28th January 2014. The Company is currently engaged in the business of commodity broking. It is a member of MCX.

For the quarter ended 31-12-2021, the company has reported a Consolidated Total Income of Rs 36.19 Crore, down 11.25 % from last quarter Total Income of Rs 40.78 Crore and up 257.21 % from last year same quarter Total Income of Rs 10.13 Crore. Company has reported net profit after tax of Rs -.76 Crore in latest quarter.

The company’s top management includes Mr.Devendra Lal Thakur, Mr.Rajeev Kumar Pathak, Mr.Ankur Agrawal, Mr.Milin Ramani, Ms.Divya Padhiyar. Company has Gupta Shyam & Co. as its auditors. As on 31-12-2021, the company has a total of 1.00 Crore shares outstanding.

Som datt finance corporation ltd
Debt free penny stocks

M/S Som Datt Finance Corporation Ltd. Was Incorporated On 19th October, 1993.Is A Non Deposit Taking Non Banking Financial Company Registered With Reserve Bank Of India.The Company Is Listed On Bombay Stock Exchange(BSE).​

The organization is nearly obligation-free.
The organization has conveyed great benefit development of 87.81% CAGR over most recent 5 years

Organization History – Som Datt Finance Corporation Ltd.
YEAR EVENTS

1993 – The Organization Is Joined On Nineteenth October, And It Is Occupied With

The Matter Of Renting, Hirepurchase, Bill Limiting, Dealer

Banking, Warning Administrations, Capital Market Tasks And So Forth

1995 – The Company Was Conceded An Authentication Of Enlistment As

Classification I Merchant Banker By SEBI Powerful From 01.10.94 To

30.09.97.

– The Organization Has Likewise Been Conceded Temporary Enrollment By The

Public Stock Exchange Ltd. Furthermore Is Advancing A Different

Corporate Substance To Hold Its Enrollment According To Their Guidelines.

– During The Year, The Company Got Fixed Deposits Amassing

To Rs 326.02 Lacs From 1172 Fixed Store Holders.

– During The Year, 70,64,150 Equity Shares Were Given To The

Advertisers And Overall Population As Far As Plan To Expand

Its Drawn Out Assets.

2000 – A MoU Has Been Gone Into Between The Organization And M/S. Delicate

Gadgets Co. Inc. USA For Shaping A Joint Dare To Lay Out

Schooling/Preparing Focus In The Field Of Information Technology,

Media Transmission And Related Exercises.

2005

-Organization Has Suggested Profit @ 10%.

2006

-Som Datt Finance Corporation Declaration Of The Dividend @ Rs 1/ – Per Share On The Value Share Capital Of The Company.

2007

-Som Datt Finance Corporation Has Suggested Profit Of Rs 1.50 (15%) Per Share On Value Portions Of Rs 10/ – Each.

2008

– Som Datt Finance Corporation Has Likewise Suggested Profit Of Rs 1.50 [15%] Per Share On Value Portions Of Rs 10/ – Every One Of The Company.

2012

– Som Datt Finance Corporation Named Brigadier Lalit Mohan Segat As An Extra Overseer Of The Company.

2014

-Som Datt Finance Corporation Named Mrs. Charu Datt Bhatia As Director Of The Company.

2015

-Som Datt Finance Corporation Ltd Has Informed Cap The Registered Office Has Been Moved To Gajraj Chambers, 2B, Second Floor, 86 B/2, Topsia Road (South), Kolkata, West Bengal-700 046.

DEBT FREE PENNY STOCKS

Promoted by the Late Dasho Ugen Dorji, erstwhile Chairman of the Tashi Group of Companies, the largest business house of Bhutan, we set out in May 1983 and introduced ourselves to the world as Tashi Agro Industries Private Limited, for marketing of agricultural products.

The Company started its operations in 1986 and since then it has been engaged in the marketing of the ‘DRUK’ brand of fruit products, manufactured by its group company – Bhutan Fruit Products Private Limited.

A vast product line up, state-of-the-art processing techniques and resolute quality control parameters has fetched for the Tashi Group of Companies a trusted brand name – DRUK. The company has a thick base of clientele across hotels, clubs, hospitals, nursing homes, bakeries and confectioners. It has won 4 prestigious MONDE

The Company has added yet another dimension to itself by promoting JAMIPOL Limited for the production of Desulphurisation compounds, in association with the TATA Group and SKW Metalchemie GMBH, Germany.

The Company has its registered office at 53A Mirza Ghalib Street, 3rd floor, Kolkata – 700 016 and controls its marketing activity through its various branches and depots and through a chain of C&F Agency depots throughout India.

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