About Boi Services Limited
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Boi Services Limited is a public limited union government company based in Mumbai, Maharashtra, India, a subsidiary of Bank Of India. It operates in the banking institutions segment of the financial services sector. It was incorporated on 14 September 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH1989GOI053462. Its GSTIN is 27AAACB1977G2ZO (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.5 Cr. It was formerly known as Boi Shareholding Private Limited. It is led by directors including Atul Kumar Purbey (Managing Director) and Subrat Kumar.
Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bank Of India House 04th Floor 70/80 M.G.Road, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.53 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.99 Cr (net margin 10.1%) and EBITDA of ₹3.78 Cr (EBITDA margin 12.8%). Revenue has grown at a compounded annual rate (CAGR) of 115% over three years and 19% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: BOI Shareholding Ltd. Court records list 2 cases involving the company, including 2 filed by the company. The company has 1 deal on record (1 acquisition); the latest was in January 2016.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website boislindia.com.
Company details
Name history
Boi Services has undergone 2 name changes throughout its history. The company was previously known as Boi Shareholding Private Limited, and Boi Services Limited. The current legal name is Boi Services Limited.
| Company Name | Status |
|---|---|
| Boi Services Limited | Current |
| Boi Shareholding Private Limited | Previous |
CIN history
Boi Services has one previous CIN (Corporate Identification Number): U65990MH1989PLC053462. The current CIN is U65990MH1989GOI053462, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65990MH1989GOI053462 | Current |
| U65990MH1989PLC053462 | Previous |
Contact details
Boi Services Limited's registered office is in Mumbai, Maharashtra. Its website is boislindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBank Of India House 04th Floor 70/80 M.G.Road, Mumbai, Maharashtra, India – 400001
- IndustryFinancial Services, Banking Institutions
To see the full contact details of Boi Services 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
Boi Services operates one associated brand: BOI Shareholding Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Depository participant services and account management in finance. | boislindia.com |
Business activity
The main business activity of Boi Services is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Boi Services Limited, buy the company report.
Financials of Boi Services Limited
FY 2025 filings availableBoi Services Limited reported revenue of ₹29.53 Cr (up 246% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 246% growth in the latest year. EBITDA rose 74% 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 | ₹3.78 Cr | ||||
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| Net Profit (PAT) | ₹2.99 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.8% | ||||
| Net Profit Margin | 10.1% | ||||
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To see the full financial statements and ratios of Boi Services Limited, buy the company report.
Board of directors of Boi Services Limited
Boi Services has 4 current directors and 45 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Atul Kumar Purbey | Managing Director | 01 Jun 2022 | 4 Years 5 Months | Current |
| Subrat Kumar | Nominee Director | 04 Apr 2024 | 2 Years 7 Months | Current |
| Atul Ramdas Satpute | Nominee Director | 17 Sep 2025 | 1 Years 1 Months | Current |
| Ravi Shankar | Additional Director | 25 Nov 2025 | 0 Years 11 Months | Current |
Auditor
Boi Services Limited is audited by C M LAD & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C M LAD & ASSOCIATES | FY 2023 | 123543W |
Shareholding
The shareholding of Boi Services Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | 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 Boi Services Limited, buy the company report.
Deals & funding
Boi Services Limited has 1 deal on record (1 acquisition); the latest was in January 2016.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2016 | Acquisition | Undisclosed | Buyer: Bank of India Limited Seller: BSE Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Boi Services Limited has 2 court cases on record: 2 filed by Boi Services. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Revn. Appln. ULP) | Filed by the company against an individual | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Reliance India Ltd Anr | Disposed |
To see the full case history of Boi Services 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 Boi Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Boi Services Limited has a workforce of 21 employees on its EPFO records as of Oct 13, 2024, across 1 active EPFO establishment.
GST
Boi Services has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACB1977G2ZO | Maharashtra | Active | 17 Aug 2017 |
| 27AAACB1977G1DY | Maharashtra | Active | 28 Nov 2018 |
To see the full GST registrations and return filing status of Boi Services Limited, buy the company report.
Recent activity
Boi Services Limited has 49 board changes on record since 2007: 5 appointments and 44 cessations. The latest: Ravi Shankar was appointed as Additional Director on 25 Nov 2025.
40 earlier events are in the company report.
Frequently asked questions
Boi Services is an active public limited union government company based in Mumbai, Maharashtra, India. The company works in banking institutions, within the financial services industry. It was incorporated on 14 September 1989 (37+ years old) and is registered under CIN U65990MH1989GOI053462.
Boi Services has 4 current directors:
- Atul Kumar Purbey - Managing Director
- Subrat Kumar - Nominee Director
- Atul Ramdas Satpute - Nominee Director
- Ravi Shankar - Additional Director
The latest financial statements of Boi Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 19 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Boi Services is 27AAACB1977G2ZO, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAACB1977G1DY (Maharashtra).
The CIN (Corporate Identification Number) of Boi Services is U65990MH1989GOI053462. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Boi Services has 2 court cases on record: 2 filed by the company.
Boi Services was incorporated on 14 September 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.
Boi Services has 1 deal on record (1 acquisition); the latest was in January 2016.
Ravi Shankar was appointed as Additional Director on 25 Nov 2025. Uddalok Bhattacharya ceased to be Nominee Director on 11 Nov 2025. Rajesh Kumar Ram ceased to be Nominee Director on 30 Sep 2025. Boi Services has 49 board changes on record in total.
Boi Services can be reached through the website boislindia.com. Its registered office is in Mumbai, Maharashtra, India.
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