Bags Financial Services Private Limited - Company Profile

It is a business services private limited company based in Chandigarh, Chandigarh, India, established in 2008.

2008 Chandigarh, Chandigarh, India Struck Off

Last Updated: July 23, 2025

About Bags Financial Services Private Limited

Bags Financial Services Private Limited, a struck off private limited company, was established on 16 January 2008 in Chandigarh, Chandigarh, India. Engaging in other services within the business services sector, it holds CIN: U74992CH2008PTC031056. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹0.10 M.

Its leadership includes Ritu Bamba (Additional Director), Subhash Bansal (Director), Hitesh Bamba (Director). Past directors included Manmohan Singh Brara. It is based at Sco 348-349, 2Nd Floor Sector 34, Chandigarh, Chandigarh, 160022.

Company Details

CIN/LLPIN
U74992CH2008PTC031056
Registration Number
031056
Incorporation Date
16 January 2008
Authorized Capital
₹0.10 M
ROC Code
Roc Chandigarh
Listing Status
Unlisted
Company Status
Struck Off

Key Metrics

Authorised Capital ₹ 0.10 M as on 23-07-2025
Company Age 18 Year, 2 Months

Comprehensive Company Insights

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Who are the key members and board of directors at Bags Financial Services Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Ritu Bamba	Additional Director	19 May 2008	Current
Subhash Bansal	Director	16 Jan 2008	Current
Hitesh Bamba	Director	16 Jan 2008	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	19 May 2008	Past

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Financial Performance of Bags Financial Services.

Enhance accessibility to Bags Financial Services's financial data by unlocking access to both Standalone and Consolidated balance sheets, Profit & Loss Statements, Ratios, Related Party Transactions, and additional relevant information.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

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Revenue from Operations

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Total Assets

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Profit or Loss

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Net Worth

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EBITDA

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What is the Ownership and Shareholding Structure of Bags Financial Services?

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Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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How Many Employees Work at Bags Financial Services?

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Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Bags Financial Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Bags Financial Services's trajectory.

Rating

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Alerts

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Latest Updates, News, and FAQs on Bags Financial Services

Recent Activity within the Organization

Director Appointment

The activity Ritu Bamba was appointed as a Additional Director was appointed as a Additional Director on 19 May 2008 & has been associated with this company since 17 years 10 months . was completed.
19 May 2008
Director Appointment

The activity Subhash Bansal was appointed as a Director was appointed as a Director on 16 Jan 2008 & has been associated with this company since 18 years 2 months . was completed.
16 Jan 2008
Director Appointment

Progress on Hitesh Bamba was appointed as a Director was appointed as a Director on 16 Jan 2008 & has been associated with this company since 18 years 2 months . was documented.
16 Jan 2008
Company Incorporation

Progress on Bags Financial Services Private Limited was registered on 16 Jan 2008 with Roc Chandigarh & aged 18 years 2 months as per MCA records. was documented.
16 Jan 2008

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Frequently Asked Questions

What is the CIN of Bags Financial Services Private Limited?

The CIN of Bags Financial Services Private Limited is U74992CH2008PTC031056.

Where is Bags Financial Services Private Limited headquartered?

Bags Financial Services Private Limited is headquartered at Sco 348-349, 2Nd Floor Sector 34, Chandigarh, Chandigarh, 160022.

When was Bags Financial Services Private Limited incorporated?

Bags Financial Services Private Limited was incorporated on 16 January 2008.

Who are the current directors of Bags Financial Services Private Limited?

The current directors of Bags Financial Services Private Limited are

What is the primary industry of Bags Financial Services Private Limited?

The primary industry of Bags Financial Services Private Limited is Business Services.

Is Bags Financial Services Private Limited a listed company?

Bags Financial Services Private Limited is unlisted.

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