About Ankush Finstock Limited
Data last updated:
Ankush Finstock Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 04 August 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L65910GJ1993PLC019936. The company has 1 GST registration on record, which is no longer active. It is recorded as listed by MCA, but its shares were delisted from BSE on 13 Jul 2022 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹8.5 Cr and a paid-up capital of ₹6 Cr. It is led by directors including Bharat Manubhai Shah (Managing Director) and Vikesh Bharatkumar Makvana.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.45 Cr, a decline of 79% compared to the previous year. For the same year it recorded a net profit of ₹1.55 Lakh (net margin 1.1%) and EBITDA of ₹1.82 Lakh (EBITDA margin 1.3%).
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ankush Finstock. Court records list 17 cases involving the company, including 2 filed by the company and 15 filed against it; 4 cases are pending. The company has 302 deals on record (302 market trades); the latest was in December 2016.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website ankushfinstock.com.
Company details
CIN history
Ankush Finstock has one previous CIN (Corporate Identification Number): U65910GJ1993PLC019936. The current CIN is L65910GJ1993PLC019936, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L65910GJ1993PLC019936 | Current |
| U65910GJ1993PLC019936 | Previous |
Contact details
Ankush Finstock Limited's registered office is in Ahmedabad, Gujarat. Its website is ankushfinstock.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressB/708 Fairdeal House Opp. St. Xaviers Ladies Hostel Swastik, Char Rasta, Ahmedabad, Gujarat, India – 380009
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Ankush Finstock Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Ankush Finstock operates one associated brand: Ankush Finstock. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Financial stockbroking services are provided in India. | ankushfinstock.co.in |
Business activity
The main business activities of Ankush Finstock are financial and insurance service and trade. In detail, this covers other financial activities and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Ankush Finstock Limited, buy the company report.
Financials of Ankush Finstock Limited
FY 2017 filings availableAnkush Finstock Limited reported revenue of ₹1.45 Cr (down 79% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 79% in the latest year. EBITDA rose 150% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹1.45 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹1.82 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1.55 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 1.3% | ||
| Net Profit Margin | 1.1% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Ankush Finstock Limited, buy the company report.
Board of directors of Ankush Finstock Limited
Ankush Finstock has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharat Manubhai Shah | Managing Director | 15 Aug 2008 | 18 Years 2 Months | Current |
| Vikesh Bharatkumar Makvana | Director | 12 Jan 2005 | 21 Years 9 Months | Current |
| Dipakkumar Natwerlal Dutt | Additional Director | 27 Mar 2018 | 8 Years 7 Months | Current |
Auditor
Ankush Finstock Limited is audited by DJNV & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DJNV & CO | FY 2017 | 115145W |
Shareholding
The shareholding of Ankush Finstock Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ankush Finstock Limited, buy the company report.
Deals & funding
Ankush Finstock Limited has 302 deals on record (302 market trades); the latest was in December 2016.
Deals on record (5 of 302)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2014 | Market trade | ₹9.1 Lakh | Buyer: 2 individuals Seller: Shaan Leisure Limited , an individual |
| Feb 2014 | Market trade | ₹1.9 Lakh | Seller: Shaan Leisure Limited |
| Feb 2014 | Market trade | ₹12 Lakh | Buyer: an individual Seller: Shaan Leisure Limited , an individual |
| Sep 2013 | Market trade | ₹2.9 Lakh | Buyer: Shaan Leisure Limited Seller: an individual |
| Aug 2013 | Market trade | ₹4.1 Lakh | Buyer: Shaan Leisure Limited Seller: 2 individuals |
To see the full deal history of Ankush Finstock Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ankush Finstock Limited has 17 court cases on record: 2 filed by Ankush Finstock, 15 filed against it. 4 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 5 | 0 |
| NCLAT | 6 | 6 | 4 |
| Supreme Court | 3 | 3 | 0 |
| District courts | 1 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Punjab Terminals Private Limited and 1 other | Pending |
| NCLAT, NCLAT New Delhi | Company appeal | Filed against the company by Punjab Terminals Private Limited and 2 others | Pending |
| NCLAT, Interlocutory Application | Interim or miscellaneous application | Filed against the company by Punjab Terminals Private Limited and 2 others | Disposed |
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by Gsec Aviation Limited. | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by individuals | Pending |
To see the full case history of Ankush Finstock Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ankush Finstock Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ankush Finstock Limited has a workforce of 2 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Ankush Finstock has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ankush Finstock Limited, buy the company report.
Recent activity
Ankush Finstock Limited has 25 board changes on record since 1996: 13 appointments and 12 cessations. The latest: Dipakkumar Natwerlal Dutt ceased to be Additional Director on 30 Sep 2018.
16 earlier events are in the company report.
Frequently asked questions
Ankush Finstock is an active public limited company based in Ahmedabad, Gujarat, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 04 August 1993 (33+ years old) and is registered under CIN L65910GJ1993PLC019936.
Ankush Finstock has 3 current directors:
- Bharat Manubhai Shah - Managing Director
- Vikesh Bharatkumar Makvana - Director
- Dipakkumar Natwerlal Dutt - Additional Director
The latest financial statements of Ankush Finstock on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
No. Ankush Finstock has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Ankush Finstock is L65910GJ1993PLC019936. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ankush Finstock is recorded as a listed company by MCA, but its shares were delisted from BSE on 13 Jul 2022 · compulsory delisting, and no longer trade on a stock exchange.
Ankush Finstock has 17 court cases on record: 2 filed by the company and 15 filed against it. 4 are pending. Most are in the high courts.
Ankush Finstock was incorporated on 04 August 1993, making it 33+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ankush Finstock has 302 deals on record (302 market trades); the latest was in December 2016.
Dipakkumar Natwerlal Dutt ceased to be Additional Director on 30 Sep 2018. Vikesh Bharatkumar Makvana ceased to be Director on 30 Sep 2018. Samir Pramodbhai Shah ceased to be CFO on 25 Sep 2018. Ankush Finstock has 25 board changes on record in total.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
