BGS Financial Services Private Limited
About BGS Financial Services Private Limited
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BGS Financial Services Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 01 February 2002.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U65999TN2002PTC048395.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Bhoovaraghan Sridharan and Balakrishnan Gopalakrishnan.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Old No.77 New No.82 Station Road Radha Nagar Chrompet, Chennai, Tamil Nadu, India – 600044.
As per the financials filed for FY 2018, the company reported a revenue of ₹3.71 Lakh, a decline of 75% compared to the previous year. For the same year it recorded a net loss of ₹6,000 (net margin -1.6%) and EBITDA of -₹6,000 (EBITDA margin -1.6%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years.
Company details
Contact details
BGS Financial Services Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOld No.77 New No.82 Station Road Radha Nagar Chrompet, Chennai, Tamil Nadu, India – 600044
- IndustryFinancial Services, Financial Activities
To see the full contact details of BGS Financial Services 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
Business activity
The main business activity of BGS Financial Services is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of BGS Financial Services Private Limited, buy the company report.
Financials of BGS Financial Services Private Limited
FY 2018 filings availableBGS Financial Services Private Limited reported revenue of ₹3.71 Lakh (down 75% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 32% over three years, including a 75% fall in the latest year. EBITDA rose 91% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Total Expenses | ||||
| EBITDA | -₹6,000 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹6,000 | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
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| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -1.6% | |||
| Net Profit Margin | -1.6% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| Asset Turnover | ||||
| Receivable Days | ||||
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| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of BGS Financial Services Private Limited, buy the company report.
Board of directors of BGS Financial Services Private Limited
BGS Financial Services has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhoovaraghan Sridharan | Director | 01 Feb 2002 | 24 Years 9 Months | As last reported |
| Saravanamuthu Dhandapani | Additional Director | 03 Jun 2010 | 16 Years 5 Months | As last reported |
| Balakrishnan Gopalakrishnan | Director | 01 Feb 2002 | 24 Years 9 Months | As last reported |
Peer comparison
BGS Financial Services Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kochupurackal Varkeys Kuries Private Limited | ₹3.72 Lakh (FY 2025) | -10.0% | Athirampuzha, Kerala, India | |||
| Amrit Securities Private Limited | ₹3.72 Lakh (FY 2021) | 1.0% | New Delhi, Delhi, India | |||
| Gram Uttprerak Nidhi Limited | ₹3.72 Lakh (FY 2025) | -40.0% | Varanasi, Uttar Pradesh, India | |||
| Sakhi-Saheli Microfinance Forum | ₹3.72 Lakh (FY 2025) | Nawacity, Rajasthan, India | ||||
| Madambakkam Mutual Benefit Fund Nidhi Limited | ₹3.72 Lakh (FY 2024) | -5.0% | Chennai, Tamil Nadu, India | |||
| BGS Financial Services Private Limitedthis company | ₹3.71 Lakh (FY 2018) | -₹6,000 | -1.6% | -75.0% | Chennai, Tamil Nadu, India | |
| Vemala Chits Private Limited | ₹3.71 Lakh (FY 2023) | Bangalore, Karnataka, India | ||||
| D R Dhingra Finance Limited | ₹3.71 Lakh (FY 2025) | 34.0% | Delhi, India | |||
| Ganesham Mutual Benefit Nidhi Limited | ₹3.71 Lakh (FY 2022) | 10.0% | Saharanpur, Uttar Pradesh, India | |||
| Lovejoy Commodities Pvt. Ltd. | ₹3.71 Lakh (FY 2025) | 52.0% | Kolkata, West Bengal, India |
To see the full peer comparison of BGS Financial Services Private Limited, buy the company report.
Auditor
BGS Financial Services Private Limited is audited by ANIL NAIR & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANIL NAIR & ASSOCIATES | FY 2017 | 000175S |
Shareholding
The shareholding of BGS Financial Services Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of BGS Financial Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving BGS Financial Services 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 BGS Financial Services 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 BGS Financial Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
BGS Financial Services Private Limited has 4 board changes on record since 2002: 3 appointments and 1 cessation. The latest: Saravanamuthu Dhandapani was appointed as Additional Director on 03 Jun 2010.
Frequently asked questions
BGS Financial Services has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
BGS Financial Services was a private limited company based in Chennai, Tamil Nadu, India. The company worked in financial activities, within the financial services industry. It was incorporated on 01 February 2002 and is registered under CIN U65999TN2002PTC048395. The company has been struck off by the Registrar of Companies and is no longer operational.
BGS Financial Services had 3 directors:
- Bhoovaraghan Sridharan - Director
- Saravanamuthu Dhandapani - Additional Director
- Balakrishnan Gopalakrishnan - Director
The CIN (Corporate Identification Number) of BGS Financial Services is U65999TN2002PTC048395. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of BGS Financial Services is at Old No.77 New No.82 Station Road Radha Nagar Chrompet, Chennai, Tamil Nadu, India – 600044.
BGS Financial Services was incorporated on 01 February 2002. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of BGS Financial Services on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
BGS Financial Services operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
The peers of BGS Financial Services by revenue are Kochupurackal Varkeys Kuries Private Limited, Amrit Securities Private Limited, Gram Uttprerak Nidhi Limited, Sakhi-Saheli Microfinance Forum, Madambakkam Mutual Benefit Fund Nidhi Limited and 4 more, all in the same principal business activity (other financial activities).
Saravanamuthu Dhandapani was appointed as Additional Director on 03 Jun 2010. Bhoovaraghan Sridharan ceased to be Director on 09 Feb 2002. Balakrishnan Gopalakrishnan was appointed as Director on 01 Feb 2002. BGS Financial Services has 4 board changes on record in total.
BGS Financial Services can be reached at its registered office: Old No.77 New No.82 Station Road Radha Nagar Chrompet, Chennai, Tamil Nadu, India – 600044.
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