Bansal Credits Limited
About Bansal Credits Limited
Data last updated:
Bansal Credits Limited is a public limited company based in Delhi, India. It operates in the asset financing companies segment of the financial services sector. It was incorporated on 25 April 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U65993DL1988PLC031421. Its GSTIN is 07AAACB1312M1Z1 (Delhi).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.72 Cr. It was formerly known as Bansal Credits Private Limited. It is led by directors including Kanwal Aggarwal (Managing Director) and Veena Aggarwal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 23 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1 Ansari Road Above Allahabad Bank Daryaganj, Delhi, India – 110002.
As per the financials filed for FY 2025, the company reported a revenue of ₹38.9 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹3.13 Cr (net margin 8%) and EBITDA of ₹25.04 Cr (EBITDA margin 64.4%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 2% over five years.
The company has about 116 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Bansal Credits. As per MCA filings, the company has open charges of ₹235.34 Cr and satisfied charges of ₹356.18 Cr on record. Court records list 5,571 cases involving the company, including 5,394 filed by the company and 177 filed against it; 2,014 cases are pending. The company has 1 deal on record (1 debt financing), with disclosed funding of ₹10 Cr; the latest was in July 2025. Its 10 peer companies in the BFSI industry (Asset Financing Companies, Deposit Taking NBFC, Large NBFC), with the same principal business activity (other financial activities) are compared by revenue, 5 larger and 5 smaller; the largest is Sterling Megabucks Pvt. Ltd. with revenue of ₹39.25 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Bansal Credits Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1 Ansari Road Above Allahabad Bank Daryaganj, Delhi, India – 110002
- IndustryFinancial Services, Asset Financing Companies, NBFC, Investment & Credit NBFC
To see the full contact details of Bansal Credits 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
Brands
Bansal Credits operates one associated brand: Bansal Credits. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides financing for new and used commercial vehicles in India. | bansalcredits.com |
Business activity
The main business activity of Bansal Credits is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Bansal Credits Limited, buy the company report.
Financials of Bansal Credits Limited
FY 2025 filings availableBansal Credits Limited reported revenue of ₹38.9 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 8% growth in the latest year. EBITDA rose 9% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹25.04 Cr | ||||
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| Net Profit (PAT) | ₹3.13 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 64.4% | ||||
| Net Profit Margin | 8% | ||||
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To see the full financial statements and ratios of Bansal Credits Limited, buy the company report.
Board of directors of Bansal Credits Limited
Bansal Credits has 6 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jeewan Aggarwal | Director | 08 Jan 1997 | 29 Years 9 Months | Current |
| Hari Ram Gupta | Director | 08 Jan 1997 | 29 Years 9 Months | Current |
| Kanwal Aggarwal | Managing Director | 25 Apr 1988 | 38 Years 5 Months | Current |
| Vipan Kumar Aggarwal Also directs: V.N. Credits Limited | Director | 13 Apr 2015 | 11 Years 6 Months | Current |
| Veena Aggarwal | Whole-Time Director | 25 Apr 1988 | 38 Years 5 Months | Current |
| Abhishek Jain Also directs: Mbi Exports Private Limited, Mbi Retail Private Limited, Mbi Digital Private Limited and 3 more | Director | 31 May 2024 | 2 Years 4 Months | Current |
Peer comparison
Bansal Credits Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Asset Financing Companies, Deposit Taking NBFC, Large NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sterling Megabucks Pvt. Ltd. | ₹39.25 Cr (FY 2025) | 117.0% | Kolkata, West Bengal, India | |||
| S K Growth Fund Pvt Ltd | ₹39.2 Cr (FY 2025) | 13.0% | Kolkata, West Bengal, India | |||
| Asish Finance Private Limited | ₹39.01 Cr (FY 2024) | 6.0% | Kolkata, West Bengal, India | |||
| Visalam Finance Private Limited | ₹38.94 Cr (FY 2025) | 124.0% | Chennai, Tamil Nadu, India | |||
| Elephant India Finance Private Limited | ₹38.93 Cr (FY 2019) | 821.0% | New Delhi, Delhi, India | |||
| Bansal Credits Limitedthis company | ₹38.9 Cr (FY 2025) | ₹3.13 Cr | 8% | 8.0% | 116 | Delhi, India |
| Williamson Financial Services Limited | ₹38.79 Cr (FY 2019) | 5.0% | North Guwahati, Assam, India | |||
| SKS Fincap Private Limited | ₹38.78 Cr (FY 2025) | 212.0% | Kolkata, West Bengal, India | |||
| Multi-Act Trade and Investments Private Limited | ₹38.73 Cr (FY 2025) | -13.0% | Mumbai, Maharashtra, India | |||
| Exim Scrips Dealers Pvt Ltd | ₹38.71 Cr (FY 2025) | 2.0% | Kolkata, West Bengal, India | |||
| NJ Capital Private Limited | ₹38.4 Cr (FY 2024) | 78.0% | Surat, Gujarat, India |
To see the full peer comparison of Bansal Credits Limited, buy the company report.
Auditor
Bansal Credits Limited is audited by D P A & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D P A & CO. | FY 2023 | 022189N |
Shareholding
The shareholding of Bansal Credits Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bansal Credits Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Nov 2025 | 101202292 | Others | ₹2 Cr | Open | |
| 27 Nov 2025 | 101197804 | Others | ₹5 Cr | Open | |
| 29 Oct 2025 | 101186178 | Others | ₹6.55 Cr | Open | |
| 29 Oct 2025 | 101186603 | Others | ₹1.09 Cr | Open | |
| 18 Oct 2025 | 101182204 | Others | ₹5 Cr | Open |
To see the full charge records of Bansal Credits Limited, buy the company report.
Total charge records: 158 View all charges
Deals & funding
Bansal Credits Limited has 1 deal on record (1 debt financing), with disclosed funding of ₹10 Cr; the latest was in July 2025.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2025 | Debt financing | ₹10 Cr | Investors: Blacksoil Group |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Bansal Credits Limited has 5,571 court cases on record: 5,394 filed by Bansal Credits, 177 filed against it. 2,014 cases are pending and 3,557 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5,508 | 158 | 2,011 |
| High courts | 61 | 17 | 3 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 5,571)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Cheque dishonour complaint | Filed by the company against Deepak | Pending |
| District court, Ludhiana, Punjab | Civil suit | Filed against the company | Pending |
| District court, Central, Delhi | Revision petition | Filed against the company by an individual | Pending |
| District court, Ghaziabad, Uttar Pradesh | Criminal case | Filed against the company by State Government | Pending |
| District court, Central, Delhi | Arbitration matter | Filed against the company by an individual | Pending |
To see the full case history of Bansal Credits 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.
Credit ratings & regulatory alerts
Bansal Credits Limited was last rated by Crisil on 23 Jul 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 23 Jul 2020 |
To see the full credit ratings and regulatory alerts of Bansal Credits Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bansal Credits Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bansal Credits Limited has a workforce of 116 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Bansal Credits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACB1312M1Z1 | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bansal Credits Limited, buy the company report.
Recent activity
Bansal Credits Limited has 18 board changes on record since 1988: 12 appointments and 6 cessations. The latest: Jagdip Kumar Anand ceased to be Director on 21 Jun 2024.
282 earlier events are in the company report.
Frequently asked questions
Bansal Credits is an active public limited company based in Delhi, India. The company works in asset financing companies, within the financial services industry. It was incorporated on 25 April 1988 (38+ years old) and is registered under CIN U65993DL1988PLC031421.
Bansal Credits has 6 current directors:
- Kanwal Aggarwal - Managing Director
- Veena Aggarwal - Whole-Time Director
- Jeewan Aggarwal - Director
- Hari Ram Gupta - Director
- Vipan Kumar Aggarwal - Director
- Abhishek Jain - Director
The latest financial statements of Bansal Credits on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Bansal Credits is 07AAACB1312M1Z1, registered in Delhi.
The CIN (Corporate Identification Number) of Bansal Credits is U65993DL1988PLC031421. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bansal Credits has 5,571 court cases on record: 5,394 filed by the company and 177 filed against it. 2,014 are pending. Most are in the district courts.
Bansal Credits was incorporated on 25 April 1988, making it 38+ years old. It is registered with the Registrar of Companies, Delhi.
Bansal Credits has 1 deal on record (1 debt financing), with disclosed funding of ₹10 Cr; the latest was in July 2025.
The peers of Bansal Credits by revenue are Sterling Megabucks Pvt. Ltd, S K Growth Fund Pvt Ltd, Asish Finance Private Limited, Visalam Finance Private Limited, Elephant India Finance Private Limited and 5 more, all in the BFSI industry (Asset Financing Companies, Deposit Taking NBFC, Large NBFC), with the same principal business activity (other financial activities).
Jagdip Kumar Anand ceased to be Director on 21 Jun 2024. Abhishek Jain was appointed as Director on 31 May 2024. Jagdip Kumar Anand was appointed as Director on 22 Mar 2022. Bansal Credits has 18 board changes on record in total.
The registered office of Bansal Credits is at 1 Ansari Road Above Allahabad Bank Daryaganj, Delhi, India – 110002.