About BF Advisory Services India Private Limited
Data last updated:
BF Advisory Services India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Brookfield Financial Global Holdings Inc.. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 30 May 2011.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH2011PTC218072. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹32.5 Cr and a paid-up capital of ₹28.83 Cr. It was formerly known as Bf-In Advisory Services India Private Limited and Bfin Advisory Services (India) Private Limited. It is led by directors Milin Jagdish Ramani and Jinal Jay Mehta.
Its last annual general meeting (AGM) was held on 09 December 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 903 9th Floor Shreenath Apartments Liberty Garden Malad West, Mumbai, Maharashtra, India – 400064.
As per the financials filed for FY 2019, the company reported a revenue of ₹2.41 Cr, a decline of 75% compared to the previous year. For the same year it recorded a net loss of ₹11.9 Cr (net margin -493.1%) and EBITDA of -₹11.71 Cr (EBITDA margin -485.5%).
The last known website on record is brookfieldfinancial.com.
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- Website
- Social MediaLocked
- Registered Address903 9th Floor Shreenath Apartments Liberty Garden Malad West, Mumbai, Maharashtra, India – 400064
- IndustryTravel and Hospitality, Consumer Professional Services
- 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
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Name History of BF Advisory Services India Private Limited
BF Advisory Services India has undergone 5 name changes throughout its history. The current legal name is Bf Advisory Services India Private Limited.
| Company Name | Status |
|---|---|
| BF Advisory Services India Private Limited | Current |
| Bf-In Advisory Services India Private Limited | Previous |
| Bfin Advisory Services (India) Private Limited | Previous |
| Bfin Advisory Services India Private Limited | Previous |
| Brookfield Advisory Services India Private Limited | Previous |
| Bfin Advisory Service India Private Limited | Previous |
CIN History of BF Advisory Services India Private Limited
BF Advisory Services India has one previous CIN (Corporate Identification Number): U67100MH2011PTC218072. The current CIN is U74110MH2011PTC218072, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110MH2011PTC218072 | Current |
| U67100MH2011PTC218072 | Previous |
Business Activity of BF Advisory Services India Private Limited
The main business activity of BF Advisory Services India is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of BF Advisory Services India Private Limited
BF Advisory Services India Private Limited is audited by DELOITTE HASKINS & SELLS for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DELOITTE HASKINS & SELLS | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of BF Advisory Services India Private Limited
BF Advisory Services India has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Milin Jagdish Ramani | Director | 12 Apr 2019 | 7 Years 5 Months | As last reported |
| Jinal Jay Mehta Also directs: Pushti Nikunj Foundation | Director | 12 Apr 2019 | 7 Years 5 Months | As last reported |
Financials of BF Advisory Services India Private Limited FY 2019 filings available
BF Advisory Services India Private Limited reported revenue of ₹2.41 Cr (down 75% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of BF Advisory Services India Private Limited
Revenue fell 75% in the latest year. EBITDA fell 355% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of BF Advisory Services India Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹11.71 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹11.9 Cr | •••• | •••• | •••• | •••• |
| 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 of BF Advisory Services India Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -485.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -493.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of BF Advisory Services India are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of BF Advisory Services India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of BF Advisory Services India Private Limited
BF Advisory Services India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at BF Advisory Services India Private Limited
Employment history and EPFO contributions of people linked to BF Advisory Services India.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of BF Advisory Services India Private Limited
BF Advisory Services India has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for BF Advisory Services India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by BF Advisory Services India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of BF Advisory Services India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of BF Advisory Services India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on BF Advisory Services India Private Limited
Frequently Asked Questions about BF Advisory Services India Private Limited
BF Advisory Services India is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
BF Advisory Services India is a company under liquidation, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 30 May 2011 and is registered under CIN U74110MH2011PTC218072. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
BF Advisory Services India reported revenue of ₹2.41 Cr for FY 2019 (down 75% YoY).
BF Advisory Services India has 2 current directors:
- Milin Jagdish Ramani - Director
- Jinal Jay Mehta - Director
BF Advisory Services India reported a net loss of ₹11.9 Cr (net margin -493.1%) and EBITDA of -₹11.71 Cr (EBITDA margin -485.5%) for FY 2019, as per its filed financial statements.
The CIN (Corporate Identification Number) of BF Advisory Services India is U74110MH2011PTC218072. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
BF Advisory Services India was incorporated on 30 May 2011. It is registered with the Registrar of Companies, Mumbai.
BF Advisory Services India can be reached through the website brookfieldfinancial.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of BF Advisory Services India is at 903 9th Floor Shreenath Apartments Liberty Garden Malad West, Mumbai, Maharashtra, India – 400064.