About Bansal Finstock Private Limited
Data last updated:
Bansal Finstock Private Limited was a private limited company based in Bhavnagar, Gujarat, India, operated as a subsidiary of Bansal Infracon Private Limited. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the brokerage and trading services segment of the financial services sector. It was incorporated on 17 December 2002.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U67190GJ2002PTC041710. The company has 4 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹2.1 Cr and a paid-up capital of ₹2 Cr. It was formerly known as Bansal Metacraft Private Limited. It was led by directors Pramod and Mithlesh Kumar Singh.
Its last annual general meeting (AGM) was held on 16 June 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at C 6 Summeru Township Opp. Varahi Soc Ghogha Road, Bhavnagar, Gujarat, India – 364001.
As per the financials filed for FY 2018, the company reported a revenue of ₹15.95 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net loss of ₹42.65 Lakh (net margin -2.7%) and EBITDA of ₹21.56 Lakh (EBITDA margin 1.4%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 23% over five years.
The company had about 22 employees on its provident fund (EPFO) records before it was struck off. Its group structure included 1 subsidiary.
The company was associated with 1 brand: Bansal Finstock. Court records list 29 cases involving the company, including 18 filed by the company and 11 filed against it; 3 cases are pending.
The last known website on record is bansalonline.com.
Company details
CIN history
Bansal Finstock has one previous CIN (Corporate Identification Number): U35117GJ2002PTC041710. The current CIN is U67190GJ2002PTC041710, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67190GJ2002PTC041710 | Current |
| U35117GJ2002PTC041710 | Previous |
Contact details
Bansal Finstock Private Limited's registered office is in Bhavnagar, Gujarat. Its website is bansalonline.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressC 6 Summeru Township Opp. Varahi Soc Ghogha Road, Bhavnagar, Gujarat, India – 364001
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Bansal Finstock Private 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 Finstock operates one associated brand: Bansal Finstock. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of stock brokerage services | bansalonline.com |
Financials of Bansal Finstock Private Limited
FY 2020 filings availableBansal Finstock Private Limited reported revenue of ₹15.95 Cr (up 18% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 18% growth in the latest year. EBITDA fell 20% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹15.95 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹21.56 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹42.65 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 1.4% | |||
| Net Profit Margin | -2.7% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Bansal Finstock Private Limited, buy the company report.
Board of directors of Bansal Finstock Private Limited
Bansal Finstock has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pramod Also directs: Skykite Construction Private Limited | Director | 23 Apr 2019 | 7 Years 6 Months | As last reported |
| Mithlesh Kumar Singh Also directs: Skykite Construction Private Limited | Director | 23 Apr 2019 | 7 Years 6 Months | As last reported |
Auditor
Bansal Finstock Private Limited is audited by M VAIDYA & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M VAIDYA & ASSOCIATES | FY 2018 | 133192W |
Shareholding
The shareholding of Bansal Finstock Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Bansal Finstock Private Limited, buy the company report.
Legal cases
Bansal Finstock Private Limited has 29 court cases on record: 18 filed by Bansal Finstock, 11 filed against it. 3 cases are pending and 26 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 25 | 7 | 3 |
| High courts | 3 | 3 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bhavnagar, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Bhavnagar, Gujarat | Court case (REFER-T-LC) | Filed against the company by an individual | Pending |
| High Court, GUJARAT | Special civil application | Filed against the company by an individual | Disposed |
| NCLT, Ahmedabad | Appeal | Filed against the company by Department of Income Tax | Disposed |
| District court, Vadodara, Gujarat | Commercial matter | Filed against the company by an individual | Disposed |
To see the full case history of Bansal Finstock Private 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bansal Finstock Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Bansal Finstock has 1 subsidiary company. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Bansal Shipping Private Limited | U35117MH1999PTC194340 |
To see the full group structure of Bansal Finstock Private Limited, buy the company report.
Employees & EPFO
Bansal Finstock Private Limited has a workforce of 22 employees on its EPFO records as of Apr 2019, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2019-20 | 22 |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Bansal Finstock Private Limited, buy the company report.
GST
Bansal Finstock has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Bansal Finstock Private Limited, buy the company report.
Recent activity
Bansal Finstock Private Limited has 10 board changes on record since 2009: 2 appointments and 8 cessations. The latest: Sanjay Vishnudas Kotak ceased to be Director on 30 Apr 2019.
1 earlier event is in the company report.
Frequently asked questions
Bansal Finstock has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Bansal Finstock was a private limited company based in Bhavnagar, Gujarat, India. The company worked in brokerage and trading services, within the financial services industry. It was incorporated on 17 December 2002 and is registered under CIN U67190GJ2002PTC041710. The company has been struck off by the Registrar of Companies and is no longer operational.
Bansal Finstock had 2 directors:
- Pramod - Director
- Mithlesh Kumar Singh - Director
The CIN (Corporate Identification Number) of Bansal Finstock is U67190GJ2002PTC041710. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Bansal Finstock is at C 6 Summeru Township Opp. Varahi Soc Ghogha Road, Bhavnagar, Gujarat, India – 364001.
Bansal Finstock was incorporated on 17 December 2002. It is registered with the Registrar of Companies, Ahmedabad.
Bansal Finstock can be reached through the website bansalonline.com. Its registered office is in Bhavnagar, Gujarat, India.
The latest financial statements of Bansal Finstock on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 16 June 2020. Year-wise statements from 2015 are in the company report.
No. Bansal Finstock has 4 GST registrations on record and all of them are cancelled or inactive.
Bansal Finstock operated in the financial services industry, in the brokerage and trading services segment. It worked in this industry before it was struck off.
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