Timeline
1982
The Company commenced operations in trading in securities. The Company made an Initial Public Issue in December 1993 to finance its fund based activities.
1994
2006
Company diversified its operation with emphasis on Real Estate Finance and Development, Project Management & Investment and Lease Finance.
1999
The Promoter group bought a 40% stake at a valuation of Rs. 3.1Crs. in Intime, an integrated player in the IPO & Corporate Registry business with Pan India reach.
2007
The Company sold minority stakes in Phoenix Marketcity Lucknow and Bangalore in the process of consolidation to increase holding in PMC Chennai to 50%
Established Classic Mall development Pvt. Ltd, Classic Housing Projects Private Limited and Starboard Hotels Private Limited – SPV’s created for development of Phoenix Market City (PMC), Crest Towers and Palladium Mall Chennai with Phoenix Mills Ltd.
Company Received NBFC approval from RBI.
Invested in Vamona Developers Private Limited, a SPV created for development of Phoenix Market City, Pune.
he Company bought a 2.5% stake in Island Star Mall Developers Private Limited, a SPV created for development of Phoenix Market City, Bangalore.
2004
Company Incorporated as Sharyans Resources Limited on 16th October 1982 and was carrying on the activity of trading in synthetic yarns and fabrics till March 1993.
1993
Company got listed on the Bombay, Ahmedabad and Jaipur Stock Exchanges.
1995
Entered into a JV with Prebon Holding BV to the tune of 52% in Prebon Yamane (India) Limited which is an Intermediary in Wholesale Debt Market & Mutual Fund Distributor.
Company got listed on the National Stock Exchange
2007
Bought 30% stake at Valuation of Rs 18.3 Crs in Sai Consulting Engineers Pvt. Ltd., one of top providers of Engineering Consultancy in infrastructure sectors like roads and bridges, Highways, Buildings, Water, SEZ, etc.
Established Ramayana Realtors Private Limited, a SPV created for development of Crest Greens, Raipur.
Inaugurated PMC, Chennai - One of the largest malls in India.
2013
2011
The Company sold its stake in Classic Malls Development Pvt Ltd and EscoCompany consolidated its financial services business and acquired a stake in Fortune Financial Services (India) Limited (FFSIL) - one of India's leading diversified financial services companies and specializes in lending, insurance, broking, investment banking, debt, financial advisory and consultancy services.
2009
The Company consolidated its holding in the financial services business operating in debt, forex, Equities, derivatives, PMS, commodities and distribution through its wholly owned subsidiary ITI Capital Holdings Private Limited.
The Company bought a 2.43% stake in Gangetic Developers Private Limited, a SPV created for development of Phoenix Market City, Lucknow.
Merged its wholly owned subsidiary ITI Capital Holdings Private Limited into the Company.
Changed name from Sharyans Resources Limited to Crest Ventures Limited.
Sold entire 30% stake in Sai Consulting Engineers Pvt. Ltd. to Systra (French Company) at valuation of Rs. 73Crs.
2016
2017
The Company unlocked its 5% stake in Vamona Developers Private Limited at a valuation of Rs. 950 Crs.
2022
The Company acquired Prebon Holdings B.V.’s stake in Tullett Prebon (India) Limited (Earlier known as Prebon Yamane (India) Limited) to become 99.99% owner. The name of the company was changed to Crest Finserv Limited.
Inaugurated Palladium, Chennai with Phoenix Mills Ltd, the 1st Palladium Mall outside Mumbai, India.
2018
2007
Promoter Group Sold its entire 40% stake in Intime to Link (Australian company) at valuation of Rs. 130 Crs.
2010
The Company incorporated Crest Capital and Investment Private Limited a wholly owned subsidiary and RBI registered NBFC.
2012
2015
2014
The Company sold its stake in Classic Malls Development Pvt Ltd and Escort Developers Pvt Ltd.