Banas Finance Ltd

Banas Finance Ltd

This company provides financial services such as leasing, factoring, and investment in various industries.

1983 Mumbai, Maharashtra (India) Active

About

Basic Data Updated:

23 days ago

Banas Finance Ltd, formerly known as Pioneer Leasing Company Limited, is a company that is currently engaged in the business of finance and investment. According to the company's filings, its main focus is on operating as a non banking finance company. Its primary objective is to engage in the purchase, leasing, factoring, and financing of hire-purchase, as well as the lease of various types of plants and machinery, motor vehicles, motor boats, trawlers, launches, ships, vessels, helicopters, aircrafts, automobiles, computers, or any other equipment. Additionally, BFL also operates as investors and dealers in shares, stocks, and securities, and serves as capitalists, financiers, and concessionaires. It is authorized to undertake, carry on, and execute all kinds of financial, commercial, and trading operations. The company was incorporated in 1983 and is headquartered in Mumbai, Maharashtra.

Industry

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNL65910MH1983PLC030142
Company No.030142
Stock Symbol BSE : 509053
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date06 Jun 1983
Date of AGM30 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusListed
ROC CodeRoc Mumbai

Financials of Banas Finance Ltd

financial-graph
Content-lock

Banas Finance Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 79.32% decrease. The company also saw a substantial fall in profitability, with a 178.95% decrease in profit. The company's net worth dipped by a decrease of 6.16%.

Corporate Structure

Shareholding-Indiacator
Content-lock

Unlock access to Banas Finance's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

People in Banas Finance Ltd

Executive Team (3)

  • TA

    Tanu Agarwal CEO

    Appointment Date: 07-Mar-2024

    Status: Current

  • PN

    Prajna Naik In Company Secretary

    Appointment Date: 15-Apr-2019

    Status: Current

  • BM

    Babita Mehta CFO

    Appointment Date: 10-Aug-2023

    Status: Current

Board Members(4)

Charges (Loans)

Charges

There are no open charges registered against the company as per our records.

Deals i

Valuation-Graph
Content-lock

Gain comprehensive insights into the Deals and Valuation data of Banas Finance, 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 Banas Finance's trajectory.

Rating

Rating-Graph
Content-lock

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alert

Alert-Indicator
Content-lock

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Related Corporates (Common Directorship)

Recent activity within the organization

  • Activity

    Director Appointment

    Tanu Giriraj Agarwal was appointed as a Ceo was appointed as a Ceo on 07 Mar 2024 & has been associated with this company since 2 months 13 days .

    07 Mar 2024
  • Activity

    Annual General Meeting

    Banas Finance Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023
  • Activity

    Balance Sheet

    Banas Finance Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023
  • Activity

    Director Appointment

    Chirag Goyal was appointed as a Director was appointed as a Director on 31 Dec 2020 & has been associated with this company since 3 years 4 months .

    31 Dec 2020
  • Activity

    Director Appointment

    Prajna Naik was appointed as a Company Secretary was appointed as a Company Secretary on 15 Apr 2019 & has been associated with this company since 5 years 1 month .

    15 Apr 2019

Recent News, Updates & Announcement

Frequently asked questions

What is the Incorporation or founding date of Banas Finance Ltd?

Banas Finance Ltd was incorporated 40 years 11 months ago on 06 Jun 1983 with Registrar of Companies Roc Mumbai.

People also Viewed

Similar Companies Based on NBFC

  • Shriram Finance Limited

    Chennai, Tamil Nadu, India

  • Indian Railway Finance Corporation Limited

    South West Delhi, Delhi, India

  • Power Finance Corporation Limited

    Central Delhi, Delhi, India

  • Sbi Cards And Payment Services Limited

    North West Delhi, Delhi, India

  • Mahindra And Mahindra Financial Services Limited

    Mumbai, Maharashtra, India

  • Bandhan Financial Holdings Limited

    North 24 Parganas, West Bengal, India

  • Cholamandalam Investment And Finance Company Limited

    Chennai, Tamil Nadu, India

  • Muthoot Finance Limited

    Ernakulam, Kerala, India

  • Bajaj Finance Limited

    Pune, Maharashtra, India

  • Rec Limited

    Central Delhi, Delhi, India

  • Tata Sons Private Limited

    Mumbai, Maharashtra, India

  • Hdb Financial Services Limited

    Ahmedabad, Gujarat, India