- CEO
- Shyam Ratan Mundhra
- Full Time Employees
- 2
- Sector
- Finance
- Industry
- Investment banks/Brokers
- Address
- Four Mangoe Lane North Guwahati AS India 700001
- IPO Date
- May 2, 2005
- Business
- Williamson Financial Services Limited (WILLIMFI.BO), a non-banking financial company registered with the Reserve Bank of India under the Reserve Bank of India Act, 1934, operates as an investment company within the Williamson Magor Group and provides financial and related services in India, including loans, lease financing, hire-purchase, corporate financing, financial advisory and consultancy services, and capital market activities; it plans advisory roles in foreign exchange dealing, corporate restructuring including mergers, merchant banking, and sharebroking. Incorporated on December 17, 1971, as The Makum Tea Co. (India) Limited in the state of Assam and headquartered in Kolkata with operations centered in North Guwahati, Assam, the company originated in the tea plantation business through acquisition of UK-based Makum (Assam) Tea Company interests, involving cultivation and manufacturing of tea from estates such as Dehing, Dirok, Margherita, Namdang, and Bogapani. In 1994, following schemes of arrangement and amalgamation approved by the Gauhati and Calcutta High Courts, it transferred its tea estates to McLeod Russel (India) Limited effective April 1 and amalgamated with Namdang Tea Co. (India) Limited; consequent to these shifts away from tea operations, it changed its name to Williamson Financial Services Limited effective December 20, 1994, and registered as a Non-Banking Financial Company with the Reserve Bank of India in 1999-2000. The company maintains its non-banking finance activities as a non-systematically important non-deposit taking entity, targeting corporate clients in India with fund-based operations, though recent financials reflect low interest coverage, negative sales growth over five years, and audited results for fiscal years through March 31, 2025, without notable new partnerships, funding rounds, acquisitions, or product launches in the last 1-2 years.