About Banneret Trading Private Limited
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Banneret Trading Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Carol Info Services Limited. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 17 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH2008PTC181284.
The company has an authorised share capital of ₹1,000 Cr and a paid-up capital of ₹1 Lakh. It is led by directors including Stephen Sabbas Dsouza (Managing Director) and Janet Gonsalves.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹37.47 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net loss of ₹87.5 Cr (net margin -233.5%) and EBITDA of -₹66.95 Cr (EBITDA margin -178.7%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 10% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wockhardt.com.
Company details
Contact details
Banneret Trading Private Limited's registered office is in Mumbai, Maharashtra. Its website is wockhardt.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA/501 5th Floor Kanakia Zillion, Next To Kurla Bus Depot Kurla, Mumbai, Maharashtra, India – 400070
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Banneret Trading Private 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
Financials of Banneret Trading Private Limited
FY 2025 filings availableBanneret Trading Private Limited reported revenue of ₹37.47 Cr (down 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 18% fall in the latest year. EBITDA fell 247% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹66.95 Cr | ||||
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| Net Profit (PAT) | -₹87.5 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -178.7% | ||||
| Net Profit Margin | -233.5% | ||||
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To see the full financial statements and ratios of Banneret Trading Private Limited, buy the company report.
Board of directors of Banneret Trading Private Limited
Banneret Trading has 3 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Stephen Sabbas Dsouza Also directs: Merind Limited, Sharanya Chemicals and Pharmaceuticals Private Limited, Wockhardt Holdings Limited and 2 more | Managing Director | 31 May 2022 | 4 Years 5 Months | Current |
| Janet Gonsalves Also directs: Wockhardt Holdings Limited, Wockhardt Medicines Limited | Director | 30 Mar 2021 | 5 Years 7 Months | Current |
| Vijaya Balakrishnan Nair | Director | 25 Apr 2018 | 8 Years 6 Months | Current |
Auditor
Banneret Trading Private Limited is audited by Hitesh K. Mehta & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Hitesh K. Mehta & Co. | FY 2023 | 103708W |
Shareholding
The shareholding of Banneret Trading Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Banneret Trading Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Banneret Trading Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Banneret Trading Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Banneret Trading Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Banneret Trading Private Limited has 16 board changes on record since 2010: 4 appointments and 12 cessations. The latest: Rashmi Dinesh Mamtura ceased to be Company Secretary on 21 Feb 2023.
7 earlier events are in the company report.
Frequently asked questions
Banneret Trading is an active private limited company based in Mumbai, Maharashtra, India. The company works in wholesale, within the trading industry. It was incorporated on 17 April 2008 (18+ years old) and is registered under CIN U51900MH2008PTC181284.
Banneret Trading has 3 current directors:
- Stephen Sabbas Dsouza - Managing Director
- Janet Gonsalves - Director
- Vijaya Balakrishnan Nair - Director
The latest financial statements of Banneret Trading on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Banneret Trading is U51900MH2008PTC181284. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Banneret Trading was incorporated on 17 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Rashmi Dinesh Mamtura ceased to be Company Secretary on 21 Feb 2023. Parag Arun Ashar was appointed as CFO on 30 Jan 2023. Shivasubramanian A ceased to be Director on 31 May 2022. Banneret Trading has 16 board changes on record in total.
Banneret Trading can be reached through the website wockhardt.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Banneret Trading is at A501 5th Floor Kanakia Zillion, Next To Kurla Bus Depot Kurla, Mumbai, Maharashtra, India – 400070.
Banneret Trading operates in the trading industry, in the wholesale segment.
The compliance status of Banneret Trading is compliant as of 04 August 2026. The company is actively filing with the Registrar of Companies.
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