FE India was incorporated as ManKorp Resources in 1994, with the main object of merchant banking, dealing in shares, stocks and securities of any kind, financing and to carry on various businesses of non banking financial companies. In 2012 the company has changed its name from Financial Eyes (India) Ltd. to FE (India) Ltd.
In the year 2003, the company’s board had decided to delist the equity shares of the company from the Delhi Stock Exchange and in 2004 shares of the company delisted from the Delhi Stock Exchange.
Shareholders of the company received an offer from Abhilasha Agarwal to acquire 6,00,014 shares of the representing 20% of the paid up capital at a price of Rs 16 per equity share, payable at cash in 2006.
In the year 2008, board of the company had allowed Foreign Institutional Investors (FIIs) to invest upto 24% of the paid up capital of the company.