About Il&Fs Broking Services Private Limited
Data last updated:
Il&Fs Broking Services Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Il&Fs Financial Services Limited. The company has been dissolved under section 59(8) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the brokerage and trading services segment of the financial services sector. It was incorporated on 23 March 2009.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH2009PTC191131. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹40.25 Cr and a paid-up capital of ₹30.22 Cr. It was formerly known as Avendus Securities Private Limited. It was led by directors Asesh Jyoti Dutta and Deepak Jagdish Pareek.
Its last annual general meeting (AGM) was held on 24 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2018, the company reported a revenue of ₹46.97 Lakh, a decline of 87% compared to the previous year. For the same year it recorded a net loss of ₹59.42 Lakh (net margin -126.5%) and EBITDA of -₹56.3 Lakh (EBITDA margin -119.9%).
The company had about 1 employee on its provident fund (EPFO) records before it was dissolved.
Court records list 3 cases involving the company, including 3 filed by the company. The company has 8 deals on record (5 secondary share transfers, 2 funding rounds, 1 acquisition), with disclosed funding of ₹57.82 Cr; the latest was in August 2018. Its 10 peer companies in the BFSI industry (Broking Services) are compared by revenue, 5 larger and 5 smaller; the largest is King Buildwell Private Limited with revenue of ₹47.3 Lakh.
The last known website on record is ilfsindia.com.
Company details
Contact details
Il&Fs Broking Services Private Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressThe Il&Fs Financial Centre 3rd Floor Plot C – 22 G – Block Bandra Kurla Complex Bandra, (East), Mumbai, Maharashtra, India – 400051
- IndustryFinancial Services, Brokerage & Trading Services
- 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 Il&Fs Broking Services Private Limited
FY 2018 filings availableIl&Fs Broking Services Private Limited reported revenue of ₹46.97 Lakh (down 87% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 87% in the latest year. EBITDA rose 53% in the latest 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
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| Total Expenses | ||||
| EBITDA | -₹56.3 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹59.42 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -119.9% | |||
| Net Profit Margin | -126.5% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
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| Net Profit Growth | ||||
To see the full financial statements and ratios of Il&Fs Broking Services Private Limited, buy the company report.
Board of directors of Il&Fs Broking Services Private Limited
Il&Fs Broking Services has 2 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Asesh Jyoti Dutta Also directs: Machino Polymers Limited, Machino Polymers India Private Limited, Apeejay Tea Limited and 5 more | Director | 16 May 2018 | 8 Years 5 Months | As last reported |
| Deepak Jagdish Pareek Also directs: Gati Projects Private Limited, Gati Import Export Trading Limited, Gati Express & Supply Chain Private Limited and 2 more | Director | 16 May 2018 | 8 Years 5 Months | As last reported |
Peer comparison
Il&Fs Broking Services Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Broking Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| King Buildwell Private Limited | ₹47.3 Lakh (FY 2025) | 9.0% | Ahmedabad, Gujarat, India | |||
| Shree Bahubali Investment Managers Private Limited | ₹47.18 Lakh (FY 2025) | -57.0% | Kolkata, West Bengal, India | |||
| Sannidhi Infotech Enterprises Private Limited | ₹47.13 Lakh (FY 2025) | 2009.0% | Mumbai, Maharashtra, India | |||
| Sunstock Securities Private Limited | ₹47.1 Lakh (FY 2025) | Rajkot, Gujarat, India | ||||
| Gurukrupa Comtrade Private Limited | ₹47.05 Lakh (FY 2025) | 502.0% | Pune, Maharashtra, India | |||
| Il&Fs Broking Services Private Limitedthis company | ₹46.97 Lakh (FY 2018) | -₹59.42 Lakh | -126.5% | -87.0% | Mumbai, Maharashtra, India | |
| Paragon Broking Private Limited | ₹46.97 Lakh (FY 2024) | -65.0% | Rajkot, Gujarat, India | |||
| Aruna Finecap Private Limited | ₹46.82 Lakh (FY 2025) | 60.0% | Hyderabad, Telangana, India | |||
| Doshi Stock Broking Private Limited | ₹46.8 Lakh (FY 2025) | 675.0% | Ahmedabad, Gujarat, India | |||
| Vertex Commodities and Finpro Private Limited | ₹46.77 Lakh (FY 2025) | 21.0% | Ernakulam, Kerala, India | |||
| Harekrishna Securities Private Limited | ₹46.76 Lakh (FY 2016) | -93.0% | Thane, Maharashtra, India |
To see the full peer comparison of Il&Fs Broking Services Private Limited, buy the company report.
Deals & funding
Il&Fs Broking Services Private Limited has 8 deals on record (5 secondary share transfers, 2 funding rounds, 1 acquisition), with disclosed funding of ₹57.82 Cr; the latest was in August 2018.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2018 | Secondary share transfer | Undisclosed | Buyer: IL&FS Financial Services Limited & P Manikandan Seller: Il&fs Financial Services Limited & K Mahesh |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Infrastructure Leasing & Financial Services Limited and Ramesh Bawa, IL&FS Financial Services Limited & Asesh Jyoti Dutta, Il&fs Financial Services Limited & Milind Patel Seller: Avendus Capital |
| Feb 2017 | Secondary share transfer | Undisclosed | Buyer: Il&Fs Financial Services Limited Seller: Avendus Capital |
| Sep 2013 | Secondary share transfer | Undisclosed | Buyer: Il&Fs Financial Services Limited Seller: Avendus Capital, an individual |
| Sep 2013 | Secondary share transfer | Undisclosed | Seller: Avendus Capital |
To see the full deal history of Il&Fs Broking Services Private 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
Il&Fs Broking Services Private Limited has 3 court cases on record: 3 filed by Il&Fs Broking Services. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed by the company | Disposed |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
| Bombay High Court | Appeal | Filed by the company | Disposed |
To see the full case history of Il&Fs Broking Services Private 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 Il&Fs Broking Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Il&Fs Broking Services 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 Il&Fs Broking Services Private Limited, buy the company report.
Recent activity
Il&Fs Broking Services Private Limited has 18 board changes on record since 2013: 2 appointments and 16 cessations. The latest: Asesh Jyoti Dutta ceased to be Additional Director on 24 Sep 2018.
9 earlier events are in the company report.
News
Frequently asked questions
Il&Fs Broking Services has been "Dissolved Under Section 59(8)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Il&Fs Broking Services was a private limited company based in Mumbai, Maharashtra, India. The company worked in brokerage and trading services, within the financial services industry. It was incorporated on 23 March 2009 and is registered under CIN U67120MH2009PTC191131. The company is recorded as dissolved under section 59(8) in MCA records and no longer exists as a legal entity.
Il&Fs Broking Services was incorporated on 23 March 2009. It is registered with the Registrar of Companies, Mumbai.
Il&Fs Broking Services had 2 directors:
- Asesh Jyoti Dutta - Director
- Deepak Jagdish Pareek - Director
The CIN (Corporate Identification Number) of Il&Fs Broking Services is U67120MH2009PTC191131. 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 Il&Fs Broking Services is at The Il&Fs Financial Centre 3rd Floor Plot C – 22 G – Block Bandra Kurla Complex Bandra, East, Mumbai, Maharashtra, India – 400051.
Il&Fs Broking Services can be reached through the website ilfsindia.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Il&Fs Broking Services on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 24 September 2018. Year-wise statements from 2015 are in the company report.
No. Il&Fs Broking Services has 1 GST registration on record and it is cancelled or inactive.
Il&Fs Broking Services operated in the financial services industry, in the brokerage and trading services segment.
Il&Fs Broking Services has 8 deals on record (5 secondary share transfers, 2 funding rounds, 1 acquisition), with disclosed funding of ₹57.82 Cr; the latest was in August 2018.
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