About Brescon Advisors Private Limited
Data last updated:
Brescon Advisors Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Deep Investrade (Bombay) Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 23 September 2006.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH2006PTC164875. Its GSTIN is 27AAECB1849D1ZW (Maharashtra).
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Brescon Corporate Advisors Private Limited and Brescon Fund Advisors Private Limited. It was led by directors including Bhavana Gangwal and Pooja Gangwal Sheth.
Its last annual general meeting (AGM) was held on 26 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2018, the company reported a revenue of ₹16.75 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹3 Cr (net margin 17.9%) and EBITDA of ₹4.11 Cr (EBITDA margin 24.5%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years.
The company had about 1 employee on its provident fund (EPFO) records before it was dissolved.
Court records list 2 cases involving the company, including 2 filed by the company.
The last known website on record is brescon.com.
Company details
Name history
Brescon Advisors has undergone 2 name changes throughout its history. The company was previously known as Brescon Corporate Advisors Private Limited, and Brescon Fund Advisors Private Limited. The current legal name is Brescon Advisors Private Limited.
| Company Name | Status |
|---|---|
| Brescon Advisors Private Limited | Current |
| Brescon Corporate Advisors Private Limited | Previous |
| Brescon Fund Advisors Private Limited | Previous |
Contact details
Brescon Advisors Private Limited's registered office is in Mumbai, Maharashtra. Its website is brescon.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressC – Wing Office No.1516 15th Floor One BKC Bandra Kurla Complex Bandra (E, ), Mumbai, Maharashtra, India – 400051
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Brescon Advisors 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
Business activity
The main business activity of Brescon Advisors is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Brescon Advisors Private Limited, buy the company report.
Financials of Brescon Advisors Private Limited
FY 2018 filings availableBrescon Advisors Private Limited reported revenue of ₹16.75 Cr (up 2% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over three years, including 2% growth in the latest year. EBITDA rose 16% 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 |
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| EBITDA | ₹4.11 Cr | |||
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| Net Profit (PAT) | ₹3 Cr | |||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 24.5% | |||
| Net Profit Margin | 17.9% | |||
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To see the full financial statements and ratios of Brescon Advisors Private Limited, buy the company report.
Board of directors of Brescon Advisors Private Limited
Brescon Advisors has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhavana Gangwal | Director | 08 Jul 2013 | 13 Years 3 Months | As last reported |
| Pooja Gangwal Sheth Also directs: Trinity Credit Management Services LLP, Brescon Ventures Private Limited, Brescon Aurum Private Limited and 5 more | Director | 23 Sep 2006 | 20 Years 1 Months | As last reported |
| Neelam Nirmal Gangwal | Director | 08 Jul 2013 | 13 Years 3 Months | As last reported |
Auditor
Brescon Advisors Private Limited is audited by R K PATNI & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R K PATNI & CO | FY 2017 | 131257W |
Shareholding
The shareholding of Brescon Advisors Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Brescon Advisors Private Limited, buy the company report.
Legal cases
Brescon Advisors Private Limited has 2 court cases on record: 2 filed by Brescon Advisors. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed by the company against Conros Steels Pvtltd and 2 others | Disposed |
To see the full case history of Brescon Advisors 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 Brescon Advisors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Brescon Advisors Private Limited has a workforce of 1 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Brescon Advisors has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECB1849D1ZW | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Brescon Advisors Private Limited, buy the company report.
Recent activity
Brescon Advisors Private Limited has 4 board changes on record since 2006: 3 appointments and 1 cessation. The latest: Nirmal Kumar Deepchand Gangwal ceased to be Managing Director on 01 Nov 2017.
News
Frequently asked questions
Brescon Advisors has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Brescon Advisors was a private limited company based in Mumbai, Maharashtra, India. The company worked in business and IT consulting, within the business outsourcing industry. It was incorporated on 23 September 2006 and is registered under CIN U74140MH2006PTC164875. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Brescon Advisors was incorporated on 23 September 2006. It is registered with the Registrar of Companies, Mumbai.
Brescon Advisors had 3 directors:
- Bhavana Gangwal - Director
- Pooja Gangwal Sheth - Director
- Neelam Nirmal Gangwal - Director
The CIN (Corporate Identification Number) of Brescon Advisors is U74140MH2006PTC164875. 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 Brescon Advisors is at C – Wing Office No.1516 15th Floor One BKC Bandra Kurla Complex Bandra E, , Mumbai, Maharashtra, India – 400051.
Brescon Advisors can be reached through the website brescon.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Brescon Advisors on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 26 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Brescon Advisors is 27AAECB1849D1ZW, registered in Maharashtra.
Brescon Advisors operated in the business outsourcing industry, in the business and IT consulting segment.