Banas Finance Ltd, a active public limited company, was established on 06 June 1983 in Mumbai, Maharashtra, India. Engaging in nbfc within the financial and insurance service sector, it holds CIN: L65910MH1983PLC030142. Registered under ROC Roc Mumbai. it is listed on BSE: 509053. It has an authorized capital of ₹103.30 Cr and a paid-up capital of ₹89.58 Cr.
Formerly known as Pioneer Leasing Company Limited. It upholds a compliant status. In 2024, it reported revenue of ₹73.64 Cr and a net worth of ₹154.07 Cr. Its leadership includes Vikash Kulhriya (Director), Girraj Kishor Agrawal (Director), Ashish Kachhara (Director). Past directors included Shaival Dharmendra Gandhi, Tushar Ramchandra Rane, Babita Amit Mehta. Its latest AGM occurred on 27 August 2024, with the balance sheet filed on 31 March 2024. It is based at E-109, Crystal Plaza, New Link Road, Andheri (West),, Mumbai, Maharashtra, 400053.
L65910MH1983PLC030142
030142
06 June 1983
₹103.30 Cr
₹89.58 Cr
Roc Mumbai
Listed (BSE: 509053)
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vikash Kulhriya | Director | 31 Dec 2020 | Current |
| Girraj Kishor Agrawal | Director | 02 Jun 2010 | Current |
| Ashish Kachhara | Director | 29 Aug 2022 | Current |
| Tanu Giriraj Agarwal | Director | 13 Oct 2016 | Current |
| Anant Chourasia | Director | 30 May 2024 | Current |
| Mayank Borana | Additional Director | 29 Aug 2025 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Additional Director | 30 Sep 2014 | Past |
| Pramod Abcsdd | Additional Director | 24 Mar 2015 | Past |
| Pramod Abcsdd | Cfo | - | Past |
| Pramod Abcsdd | Cfo(Kmp) | 02 Feb 2018 | Past |
| Pramod Abcsdd | Additional Director | 27 Jul 2017 | Past |
| Pramod Abcsdd | Additional Director | 15 May 2017 | Past |
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Banas Finance Ltd, for the financial year ended 2024, experienced significant growth in revenue, with a 252.69% increase. The company also saw a substantial improvement in profitability, with a 104.11% increase in profit. The company's net worth moved up by a moderate rise of 1.48%.
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In 2024, Banas Finance had a promoter holding of 17.59% and a public holding of 82.41%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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There are no open charges registered against the company as per our records.
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Mayank Borana was appointed as a Additional Director was appointed as a Additional Director on 29 Aug 2025 & has been associated with this company since 3 months . was recorded as a recent event.
Progress on Banas Finance Ltd last Annual general meeting of members was held on 27 Aug 2024 as per latest MCA records. was documented.
The activity Amit Jayantilal Mehta was appointed as a Cfo was appointed as a Cfo on 12 Jun 2024 & has been associated with this company since 1 year 5 months . was completed.
Anant Chourasia was appointed as a Director was appointed as a Director on 30 May 2024 & has been associated with this company since 1 year 6 months . was recorded as a recent event.
Progress on Banas Finance Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was documented.
Progress on Tanu Giriraj Agarwal was appointed as a Ceo was appointed as a Ceo on 07 Mar 2024 & has been associated with this company since 1 year 8 months . was documented.
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The CIN of Banas Finance Ltd is L65910MH1983PLC030142.
Banas Finance Ltd is headquartered at E-109, Crystal Plaza, New Link Road, Andheri (West),, Mumbai, Maharashtra, 400053.
Banas Finance Ltd was incorporated on 06 June 1983.
The current directors of Banas Finance Ltd are
The primary industry of Banas Finance Ltd is Financial And Insurance Service.
Banas Finance Ltd is listed. It is listed on BSE: 509053.
The authorized capital of Banas Finance Ltd is ₹103.30 Cr, and the paid-up capital is ₹89.58 Cr.
The compliance status of Banas Finance Ltd is Compliant.
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