
Bromex Private Limited
About Bromex Private Limited
Data last updated:
Bromex Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been dissolved under section 59(8) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the brokerage and trading services segment of the financial services sector. It was incorporated on 26 April 2005.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U51102TN2005PTC056087. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was led by directors Kumar Mangaldas Chandan (Whole-Time Director) and Kruti Mukesh Chandan.
Its last annual general meeting (AGM) was held on 10 July 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Aj – 131 Flat T1 Kalpataru Apartments 1st Street 9th Main Road Anna Nagar, Chennai, Tamil Nadu, India – 600040.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.06 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹38.71 Lakh (net margin 36.7%) and EBITDA of ₹48.49 Lakh (EBITDA margin 45.9%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years and 6% over five years.
As per MCA filings, the company had satisfied charges of ₹18.4 Lakh on record. Court records list 36 cases involving the company, including 4 filed against it.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressAj – 131 Flat T1 Kalpataru Apartments 1st Street 9th Main Road Anna Nagar, Chennai, Tamil Nadu, India – 600040
- IndustryFinancial Services, Brokerage & Trading 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
- One PDF report, delivered after checkout
Financials of Bromex Private Limited FY 2023 filings available
Bromex Private Limited reported revenue of ₹1.06 Cr (up 514% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Bromex Private Limited
Revenue rose 514% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 6%. EBITDA rose 310% 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 of Bromex Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹48.49 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹38.71 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 of Bromex Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 45.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 36.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Bromex 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.
Peer Comparison of Bromex Private Limited
Bromex Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Broking Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shrim Investment Solutions Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Vishesht Financial Services Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Lovely Vincom Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| B R Sahni and Sons Private Ltd. | •••• | •••• | •••• | •••• | - | Delhi, India |
| Shri Chaturbhuj Real Estates Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Bromex Private Limited this company | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| RL Agarwala Capital Markests Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Shikhar Traders Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Cee Note Credit Caplease Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Gaurav Realty Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Wealthboost Services Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Bromex by revenue in the BFSI industry (Broking Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Bromex Private Limited
Bromex Private Limited is audited by MAYANK V MODI for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MAYANK V MODI | 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 Bromex Private Limited
Bromex has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kruti Mukesh Chandan Also directs: Bromex International LLP | Director | 02 Apr 2019 | 7 Years 6 Months | As last reported |
| Kumar Mangaldas Chandan Also directs: Bromex International LLP | Whole-Time Director | 26 Apr 2005 | 21 Years 5 Months | As last reported |
Ownership and Shareholding of Bromex 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 Bromex Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Jan 2011 | Icici Bank Limited | ₹18.4 Lakh | Satisfied |
Total charge records: 1 View all charges
Legal Cases of Bromex Private Limited
Bromex Private Limited has 36 court cases on record: 4 filed against it, 32 where it is another party. All cases are disposed. Status as checked between 01 Oct 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 32 | 0 | 0 |
| District courts | 4 | 4 | 0 |
Cases on record (5 of 36)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Interim or miscellaneous application | Company is another party | Disposed |
| Madras High Court | Court case (OSA) | Company is another party | Disposed |
| District court, Krishnagiri, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Disposed |
| District court, Krishnagiri, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Disposed |
| District court, Krishnagiri, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Disposed |
Full case history
All 36 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Bromex Private Limited
Employment history and EPFO contributions of people linked to Bromex.
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.
Recent Activity on Bromex Private Limited
Bromex Private Limited has 5 board changes on record since 2005: 2 appointments and 3 cessations. The latest: Sudhir Kantilal Patel ceased to be Director on 01 Mar 2022.
Credit Ratings, Litigation & Regulatory Alerts for Bromex 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 Bromex 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 Bromex 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.
GST Compliance of Bromex Private Limited
Bromex has 1 GST registration on record, and it has been cancelled or is 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.
MCA Filings & Documents of Bromex 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.
Frequently Asked Questions about Bromex Private Limited
Bromex has been "Dissolved Under Section 59(8)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Bromex was a private limited company based in Chennai, Tamil Nadu, India. The company worked in brokerage and trading services, within the financial services industry. It was incorporated on 26 April 2005 and is registered under CIN U51102TN2005PTC056087. The company is recorded as dissolved under section 59(8) in MCA records and no longer exists as a legal entity.
Bromex was incorporated on 26 April 2005. It is registered with the Registrar of Companies, Chennai.
Bromex had 2 directors:
- Kumar Mangaldas Chandan - Whole-Time Director
- Kruti Mukesh Chandan - Director
The CIN (Corporate Identification Number) of Bromex is U51102TN2005PTC056087. 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 Bromex is at Aj – 131 Flat T1 Kalpataru Apartments 1st Street 9th Main Road Anna Nagar, Chennai, Tamil Nadu, India – 600040.
Bromex reported revenue of ₹1.06 Cr for FY 2023 (up 514% YoY).
Bromex has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh.
Bromex reported a net profit of ₹38.71 Lakh (net margin 36.7%) and EBITDA of ₹48.49 Lakh (EBITDA margin 45.9%) for FY 2023, as per its filed financial statements.
No. Bromex has 1 GST registration on record and it is cancelled or inactive.
Bromex operated in the financial services industry, in the brokerage and trading services segment.