Bhandari Financial Services (P) Ltd.

Bhandari Financial Services (P) Ltd. - financial services in Kolkata, West Bengal, India. Directors, charges & compliance details.
CIN U63090WB1994PTC063301 Incorporated 23 May 1994 ROC Kolkata HQ Kolkata, West Bengal, India
Merged Private Limited Company financial services
Data last updated
Revenue · FY 2019
₹320
▲ 227% YoY
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹93.95 Lakh
Issued & subscribed
Company age
32 yrs
Est. 1994
Directors on board
2
As per MCA filings
GST registrations
1
None active
Last financials
Mar 2019
Balance sheet date
Last AGM
28 Sep 2019
Annual general meeting

About Bhandari Financial Services (P) Ltd.

Data last updated:

Bhandari Financial Services (P) Ltd. was a private limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 23 May 1994.

The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U63090WB1994PTC063301. The company has 1 GST registration on record, which is no longer active.

The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹93.95 Lakh. It was led by directors Virendra Tripathy and Anshul Mittal.

Its last annual general meeting (AGM) was held on 28 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at 277 B. Ganguly Street Room No. 306 3rd Floor, Kolkata, West Bengal, India – 700012.

Company details

CIN U63090WB1994PTC063301
Registration Number 063301
Incorporation Date 23 May 1994
ROC Kolkata
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 28 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Compliant

Contact details

Bhandari Financial Services (P) Ltd.'s registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    277 B. Ganguly Street Room No. 306 3rd Floor, Kolkata, West Bengal, India – 700012
  • Industry
    Financial Services, Financial Activities

To see the full contact details of Bhandari Financial Services (P) Ltd., buy the company report.

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Business activity

The main business activity of Bhandari Financial Services (P) is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities

To see the full business activity and turnover split of Bhandari Financial Services (P) Ltd., buy the company report.

Financials of Bhandari Financial Services (P) Ltd.

FY 2019 filings available

Bhandari Financial Services (P) Ltd. reported revenue of ₹320 (up 227% YoY) for FY 2019.

Revenue · FY 2019
₹320 ▲ 227%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 227%
3 years · compounded
▼ 83%

Revenue rose 227% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 83%. 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

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA
Profit Before Tax
Tax Expense
Net Profit (PAT)
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

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin
Net Profit Margin
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 Bhandari Financial Services (P) Ltd., buy the company report.

Board of directors of Bhandari Financial Services (P) Ltd.

Bhandari Financial Services (P) has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Virendra TripathyDirector22 Feb 20179 Years 8 MonthsAs last reported
Anshul MittalDirector22 Feb 20179 Years 8 MonthsAs last reported

Peer comparison

Bhandari Financial Services (P) Ltd. is compared with the 10 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Jeevandhara Micro Finance Foundation₹328 (FY 2019)-95.0%Firozabad, Uttar Pradesh, India
Spark Financial Technologies Private Limited₹328 (FY 2025)-100.0%Mumbai, Maharashtra, India
Hongirana Chits Private Limited₹326 (FY 2018)-100.0%Bangalore, Karnataka, India
K L G Securities Limited₹324 (FY 2025)-10.0%New Delhi, Delhi, India
Chiranthana Chits Private Limited₹321 (FY 2019)-100.0%Kochi, Kerala, India
Bhandari Financial Services (P) Ltd.this company₹320 (FY 2019)227.0%Kolkata, West Bengal, India
Ezee Mart Micro Foundation₹320 (FY 2025)-97.0%Chirang, Assam, India
Force Reckon Investment Advisors Private Limited₹320 (FY 2024)-100.0%Mumbai, Maharashtra, India
Online Foods Private Limited₹313 (FY 2025)-100.0%Mumbai, Maharashtra, India
Mintvest Nidhi Limited₹313 (FY 2025)-100.0%Parapookara, Kerala, India
Vinita Stock Holdings Private Limited₹300 (FY 2025)Ballabgarh, Haryana, India

To see the full peer comparison of Bhandari Financial Services (P) Ltd., buy the company report.

Auditor

Bhandari Financial Services (P) Ltd. is audited by JODHANI AGRAWAL & ASSOCIATES for the financial year 2017.

Auditor firmFinancial yearFirm registration number
JODHANI AGRAWAL & ASSOCIATESFY 2017324268E

Shareholding

The shareholding of Bhandari Financial Services (P) Ltd. is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Bhandari Financial Services (P) Ltd., buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Bhandari Financial Services (P) Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Bhandari Financial Services (P) has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Bhandari Financial Services (P) Ltd., buy the company report.

Recent activity

Bhandari Financial Services (P) Ltd. has 11 board changes on record since 2008: 2 appointments and 9 cessations. The latest: Anshul Mittal ceased to be Additional Director on 24 Aug 2017.

AGM
Bhandari Financial Services (P) Ltd. last Annual general meeting of members was held on 28 Sep 2019 as per latest MCA records.
Filing
Bhandari Financial Services (P) Ltd. has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Kolkata.
Ceased
Anshul Mittal ceased to be Additional Director.
Ceased
Virendra Tripathy ceased to be Additional Director.
Ceased
Sanjib Ghosh ceased to be Director.
Ceased
Amit Agarwal ceased to be Director.
Appointed
Anshul Mittal was appointed as Director.
Appointed
Virendra Tripathy was appointed as Director.
Ceased
Daljit Singh Saini ceased to be Director.
Ceased
Harjeet Singh ceased to be Director.
Ceased
Pankaj Kumar Agarwal ceased to be Director.
Ceased
Sanjeev Kumar Singh ceased to be Director.

2 earlier events are in the company report.

Frequently asked questions

Bhandari Financial Services (P) has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Bhandari Financial Services (P) was a private limited company based in Kolkata, West Bengal, India. The company worked in financial activities, within the financial services industry. It was incorporated on 23 May 1994 and is registered under CIN U63090WB1994PTC063301. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Bhandari Financial Services (P) was incorporated on 23 May 1994. It is registered with the Registrar of Companies, Kolkata.

Bhandari Financial Services (P) had 2 directors:

The CIN (Corporate Identification Number) of Bhandari Financial Services (P) is U63090WB1994PTC063301. 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 Bhandari Financial Services (P) is at 277 B. Ganguly Street Room No. 306 3rd Floor, Kolkata, West Bengal, India – 700012.

The latest financial statements of Bhandari Financial Services (P) on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 28 September 2019. Year-wise statements from 2015 are in the company report.

No. Bhandari Financial Services (P) has 1 GST registration on record and it is cancelled or inactive.

Bhandari Financial Services (P) operated in the financial services industry, in the financial activities segment.

The peers of Bhandari Financial Services (P) by revenue are Jeevandhara Micro Finance Foundation, Spark Financial Technologies Private Limited, Hongirana Chits Private Limited, K L G Securities Limited, Chiranthana Chits Private Limited and 5 more, all in the same principal business activity (other financial activities).

Anshul Mittal ceased to be Additional Director on 24 Aug 2017. Virendra Tripathy ceased to be Additional Director on 24 Aug 2017. Sanjib Ghosh ceased to be Director on 22 Mar 2017. Bhandari Financial Services (P) has 11 board changes on record in total.