Allen Bansode Corporation Limited
About Allen Bansode Corporation Limited
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Allen Bansode Corporation Limited is a public limited company based in Pune, Maharashtra, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 11 September 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U67120PN2012PLC144691. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Clifford Nityanand Bansode and Sonia Arun Bansode.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Office No 512 Aurora Tower 5th Floor Molendina Road, Pune, Maharashtra, India – 411001.
As per the financials filed for FY 2017, the company reported a revenue of ₹45.57 Lakh, a decline of 77% compared to the previous year. For the same year it recorded a net loss of ₹91.33 Lakh (net margin -200.4%) and EBITDA of -₹87.58 Lakh (EBITDA margin -192.2%).
As per MCA filings, the company has open charges of ₹5.5 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Allen Bansode Corporation has one previous CIN (Corporate Identification Number): U27310PN2012PLC144691. The current CIN is U67120PN2012PLC144691, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120PN2012PLC144691 | Current |
| U27310PN2012PLC144691 | Previous |
Contact details
Allen Bansode Corporation Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No 512 Aurora Tower 5th Floor Molendina Road, Pune, Maharashtra, India – 411001
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Allen Bansode Corporation 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 Allen Bansode Corporation is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Allen Bansode Corporation Limited, buy the company report.
Financials of Allen Bansode Corporation Limited
FY 2017 filings availableAllen Bansode Corporation Limited reported revenue of ₹45.57 Lakh (down 77% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 77% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹45.57 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹87.58 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹91.33 Lakh | ||
| 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -192.2% | ||
| Net Profit Margin | -200.4% | ||
| 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 Allen Bansode Corporation Limited, buy the company report.
Board of directors of Allen Bansode Corporation Limited
Allen Bansode Corporation has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Clifford Nityanand Bansode Also directs: New World of Sports Club Limited, Amford Marketing Private Limited | Director | 03 Jul 2017 | 9 Years 3 Months | Current |
| Nikhil Vikas Patange | Additional Director | 11 Apr 2018 | 8 Years 6 Months | Current |
| Kezia Sam Patel Also directs: Vsak Entertainment Private Limited | Additional Director | 06 Apr 2018 | 8 Years 6 Months | Current |
| Sonia Arun Bansode Also directs: Magnus Alloys Limited, New World of Sports Club Limited | Director | 11 Sep 2012 | 14 Years 1 Months | Current |
Shareholding
The shareholding of Allen Bansode Corporation 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 Allen Bansode Corporation Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jun 2015 | 10580778 | Suvarnayug Sahakari Bank Limited | ₹5.5 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Allen Bansode Corporation Limited has 4 court cases on record: 4 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Edge Forming Pvt. Ltd. | Pending |
| Bombay High Court | Court case (AO) | Filed against the company by Edge Forming Private Limited THR. Its Dir.Deepak Natvarlal Bhojak | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Governement of India Ministry of Corporate Affairs | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Government of India Ministry of Corporate Affairs | Disposed |
To see the full case history of Allen Bansode Corporation 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 Allen Bansode Corporation Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Allen Bansode Corporation 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 Allen Bansode Corporation Limited, buy the company report.
Recent activity
Allen Bansode Corporation Limited has 12 board changes on record since 2012: 8 appointments and 4 cessations. The latest: Nikhil Vikas Patange was appointed as Additional Director on 11 Apr 2018.
4 earlier events are in the company report.
Frequently asked questions
Allen Bansode Corporation is an active public limited company based in Pune, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 11 September 2012 (14+ years old) and is registered under CIN U67120PN2012PLC144691.
Allen Bansode Corporation has 4 current directors:
- Clifford Nityanand Bansode - Director
- Nikhil Vikas Patange - Additional Director
- Kezia Sam Patel - Additional Director
- Sonia Arun Bansode - Director
The latest financial statements of Allen Bansode Corporation on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
No. Allen Bansode Corporation has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Allen Bansode Corporation is U67120PN2012PLC144691. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Allen Bansode Corporation has 4 court cases on record: 4 filed against it. 1 is pending. Most are in the district courts.
Allen Bansode Corporation was incorporated on 11 September 2012, making it 14+ years old. It is registered with the Registrar of Companies, Pune.
Nikhil Vikas Patange was appointed as Additional Director on 11 Apr 2018. Solomon Allen Bansode ceased to be Additional Director on 11 Apr 2018. Kezia Sam Patel was appointed as Additional Director on 06 Apr 2018. Allen Bansode Corporation has 12 board changes on record in total.
The registered office of Allen Bansode Corporation is at Office No 512 Aurora Tower 5th Floor Molendina Road, Pune, Maharashtra, India – 411001.
Allen Bansode Corporation operates in the financial services industry, in the brokerage and trading services segment.