Classic Resources Ltd
About Classic Resources Ltd
Data last updated:
Classic Resources Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 30 May 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB1996PLC079868. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Avijit Singh and Diana Biswas Mandal.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Kolkata, West Bengal.
As per the financials filed for FY 2018, the company reported a revenue of ₹4.08 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2,411 (net margin 0.6%) and EBITDA of ₹3,251 (EBITDA margin 0.8%). Revenue has grown at a compounded annual rate (CAGR) of 211% over three years.
As per MCA filings, the company has satisfied charges of ₹5 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Classic Resources has one previous CIN (Corporate Identification Number): U51909WB1996PTC079868. The current CIN is U51909WB1996PLC079868, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909WB1996PLC079868 | Current |
| U51909WB1996PTC079868 | Previous |
Contact details
Classic Resources Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address49/1 1st Floor Garia Station Road Po – Garia Ps – Sonarpur Dist. – South 24, Parganas, Kolkata, West Bengal, India – 700084
- IndustryFinancial Services, Financial Activities
To see the full contact details of Classic Resources Ltd, 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 Classic Resources 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 Classic Resources Ltd, buy the company report.
Financials of Classic Resources Ltd
FY 2018 filings availableClassic Resources Ltd reported revenue of ₹4.08 Lakh (up 278% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 211% over three years, including 278% growth in the latest year. EBITDA rose 106% 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 | ₹3,251 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹2,411 | |||
| Balance Sheet | ||||
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| Reserves and Surplus | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 0.8% | |||
| Net Profit Margin | 0.6% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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| Receivable Days | ||||
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| Net Profit Growth | ||||
To see the full financial statements and ratios of Classic Resources Ltd, buy the company report.
Board of directors of Classic Resources Ltd
Classic Resources has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avijit Singh Also directs: Ezedel Ecosystem Private Limited | Director | 10 Oct 2018 | 8 Years 1 Months | Current |
| Diana Biswas Mandal Also directs: Ezedel Ecosystem Private Limited | Director | 10 Oct 2018 | 8 Years 1 Months | Current |
| Utpal Guha | Additional Director | 12 May 2017 | 9 Years 6 Months | Current |
Peer comparison
Classic Resources Ltd is compared with the 6 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit 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 |
|---|---|---|---|---|---|---|
| Hector Software Pvt Ltd | ₹4.11 Lakh (FY 2023) | 79641.0% | Kolkata, West Bengal, India | |||
| RRB Securities Limited TFR. Co. From Delhi to Haryana | ₹4.09 Lakh (FY 2019) | -96.0% | Gurgaon, Haryana, India | |||
| Soaltee Finance and Leasing Limited | ₹4.08 Lakh (FY 2024) | -72.0% | Delhi, India | |||
| Classic Resources Ltdthis company | ₹4.08 Lakh (FY 2018) | ₹2,411 | 0.6% | 278.0% | Kolkata, West Bengal, India | |
| Jalan Holdings Pvt. Ltd. | ₹4.06 Lakh (FY 2025) | -58.0% | Kolkata, West Bengal, India | |||
| Priyanka Finance Private Limited | ₹4.04 Lakh (FY 2022) | -97.0% | Chennai, Tamil Nadu, India | |||
| Amravati Eximp Ltd | ₹3.97 Lakh (FY 2024) | 20.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Classic Resources Ltd, buy the company report.
Auditor
Classic Resources Ltd is audited by SHANTIMAY MAJUMDER & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHANTIMAY MAJUMDER & CO | FY 2017 | 53264 |
Shareholding
The shareholding of Classic Resources Ltd 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 Classic Resources Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Nov 2005 | 90252541 | Syndicate Bank | ₹5 Lakh | Satisfied |
To see the full charge records of Classic Resources Ltd, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Classic Resources Ltd are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Classic Resources Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Classic Resources has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Classic Resources Ltd, buy the company report.
Recent activity
Classic Resources Ltd has 13 board changes on record since 2011: 3 appointments and 10 cessations. The latest: Bhagbat Chandra Barui ceased to be Additional Director on 12 Apr 2019.
6 earlier events are in the company report.
Frequently asked questions
Classic Resources is an active public limited company based in Kolkata, West Bengal, India. The company works in financial activities, within the financial services industry. It was incorporated on 30 May 1996 (30+ years old) and is registered under CIN U51909WB1996PLC079868.
Classic Resources has 3 current directors:
- Avijit Singh - Director
- Diana Biswas Mandal - Director
- Utpal Guha - Additional Director
The latest financial statements of Classic Resources on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Classic Resources has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Classic Resources is U51909WB1996PLC079868. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Classic Resources was incorporated on 30 May 1996, making it 30+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Classic Resources by revenue are Hector Software Pvt Ltd, RRB Securities Limited TFR. Co. From Delhi to Haryana, Soaltee Finance and Leasing Limited, Jalan Holdings Pvt. Ltd, Priyanka Finance Private Limited and 1 more, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Bhagbat Chandra Barui ceased to be Additional Director on 12 Apr 2019. Chanchala Sarkar ceased to be Director on 12 Apr 2019. Avijit Singh was appointed as Director on 10 Oct 2018. Classic Resources has 13 board changes on record in total.
The registered office of Classic Resources is at 491 1st Floor Garia Station Road Po – Garia Ps – Sonarpur Dist. – South 24, Parganas, Kolkata, West Bengal, India – 700084.
Classic Resources operates in the financial services industry, in the financial activities segment.
Classic Resources has no open charges and satisfied charges of ₹5 Lakh as per latest MCA filings.
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