Ontic Finserve

Ontic Finserv Limited is a public limited company with its registered office in Ahmedabad, Gujarat, operating in the financial services sector. The company's main business involves dealing in equity markets and government securities, where market trends directly affect its profitability. A key operational principle is to maintain tight budgetary control and use funds wisely without resorting to borrowing when possible. The company recognizes that changes in interest rates are a significant factor that can directly affect its profitability. During the 2023-24 financial year, the company continued its business activities but incurred a loss of Rs. 274.63 Lacs. However, the company's auditors have expressed the opinion that it is capable of meeting its liabilities within one year.;