Bandhan Financial Services Limited - Company Profile

It is a financial services public limited company based in Kolkata, West Bengal, India, established in 1995.

1995 Kolkata, West Bengal, India Active

Last Updated: December 22, 2025

About Bandhan Financial Services Limited

Bandhan Financial Services Limited, a active public limited company, was established on 03 August 1995 in Kolkata, West Bengal, India. Engaging in core investment companies within the financial and insurance service sector, it holds CIN: U70101WB1995PLC073339. Registered under ROC Roc Kolkata. it is unlisted. It has an authorized capital of ₹150.00 Cr and a paid-up capital of ₹127.82 Cr.

Formerly known as Bandhan Financial Services Private Ltd., Ganga Niryat Pvt Ltd. It upholds a compliant status. Employing 4 professional, Its leadership includes Biplab Kumar Mani (Company Secretary), Arvind Agrawal (Managing Director), Arindam Banik (Director). Past directors included Asoka Chatterjee, Ajit Kumar Roy, Rajendra Kumar Ghose. It holds ₹275.00 Cr open charges and ₹17,747.14 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Dn-32, Sector-V, Salt Lake City, Kolkata, West Bengal, 700091.

Company Details

CIN/LLPIN
U70101WB1995PLC073339
Registration Number
073339
Incorporation Date
03 August 1995
Authorized Capital
₹150.00 Cr
Paid-Up Capital
₹127.82 Cr
ROC Code
Roc Kolkata
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 150.00 Cr as on 22-12-2025
Paid Up Capital ₹ 127.82 Cr as on 22-12-2025
Company Age 30 Year, 6 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 275.00 Cr as on 22-12-2025
Satisfied Charges ₹ 17,747.14 Cr as on 22-12-2025
Revenue Growth **** -89.59% (FY 2023)
Profit Growth **** -92.59% (FY 2023)
Ebitda **** -91.10% (FY 2023)
Net Worth 0.52% (FY 2023)
Total Assets **** 0.27% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Bandhan Financial Services Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report

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

Current Directors

Name	Designation	Appointment Date	Status
Biplab Kumar Mani	Company Secretary	26 Nov 2020	Current
Arvind Agrawal	Managing Director	08 Apr 2022	Current
Arindam Banik	Director	03 Feb 2021	Current
Subrata Mandal	Director	21 Jun 2021	Current
Amit Kumar Hazra	Director	21 Jun 2021	Current
Hulya Kefeli	Nominee Director	26 Nov 2020	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	09 Mar 2021	Past
Pramod Abcsdd	Director	14 Jun 2013	Past
Pramod Abcsdd	Director	01 Mar 2021	Past
Pramod Abcsdd	Nominee Director	31 May 2019	Past
Pramod Abcsdd	Director	-	Past
Pramod Abcsdd	Company Secretary	26 May 2011	Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Bandhan Financial Services.

Bandhan Financial Services Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 89.59% decrease. The company also saw a substantial fall in profitability, with a 92.59% decrease in profit. The company's net worth moved up by a moderate rise of 0.52%.

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

Upgrade Required

Full access to Financial is available only for users with an active Premium plan.

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

********

-89.59%

*******

Revenue from Operations

*******

-90.02%

*******

Total Assets

*******

0.27%

*******

Profit or Loss

*******

-92.59%

*******

Net Worth

*******

0.52%

*******

EBITDA

*******

-91.10%

*******

Discover detailed financial data and - Unlock financial today!

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

In 2023, Bandhan Financial Services had a promoter holding of 40.73% and a public holding of 59.27%. The company had 2 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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

Upgrade Required

Full access to Ownership and Shareholding Structure is available only for users with an active Premium plan.

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)

Open Charges

₹2,750,000,000.00

Satisfied Charges

₹177,471,430,268.00

Charges Breakdown by Lending Institutions

Allahabad Bank : 250.00 Cr
Corporation Bank : 25.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
30 Sep 2014	Corporation Bank	₹25.00 Cr	Open
23 Sep 2014	Allahabad Bank	₹100.00 Cr	Open
30 Sep 2013	Allahabad Bank	₹150.00 Cr	Open
18 Aug 2015	State Bank Of India	₹500.00 Cr	Satisfied
14 Aug 2015	Indian Overseas Bank	₹150.00 Cr	Satisfied

Explore comprehensive loan charge details -

How Many Employees Work at Bandhan Financial Services?

Bandhan Financial Services has a workforce of 4 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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

Upgrade Required

Full access to People is available only for users with an active Premium plan.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Bandhan 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 Bandhan Financial Services's trajectory.

Rating

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.

Alerts

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.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Bandhan Financial Services

Recent Activity within the Organization

Director Appointment

Sriradha Ramana Saripalli was appointed as a Nominee Director was appointed as a Nominee Director on 04 Dec 2024 & has been associated with this company since 1 year 2 months . was recorded as a recent event.
04 Dec 2024
Annual General Meeting

Progress on Bandhan Financial Services Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.
30 Sep 2024
Director Appointment

Chandra Shekhar Ghosh was appointed as a Whole-time director was appointed as a Whole-time director on 10 Jul 2024 & has been associated with this company since 1 year 7 months . was recorded as a recent event.
10 Jul 2024
Balance Sheet

Bandhan Financial Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata. was recorded as a recent event.
31 Mar 2024
Director Appointment

The activity Arvind Agrawal was appointed as a Managing Director was appointed as a Managing Director on 08 Apr 2022 & has been associated with this company since 3 years 10 months . was completed.
08 Apr 2022
Charges

The activity A charge registered on 22 Mar 2010 via Charge ID 10218164 with National Bank For Agriculture And Rural Development was fully satisfied on 28 Mar 2022. was completed.
28 Mar 2022

Explore recent activity and updates - View Recent Activity