Encash Securities Limited
About Encash Securities Limited
Data last updated:
Encash Securities Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 17 October 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2007PLC119840. Its GSTIN is 19AADCR8387D1ZZ (West Bengal).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹93.96 Lakh. It was formerly known as Rising Marketing Private Limited. and Encash Securities Private Limited. It is led by directors including Suman Saraf and Rashmi Saraf.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 9 Lal Bazar Street 3rd Floor Block – B, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2022, the company reported a revenue of ₹10.28 Lakh, a growth of 18% compared to the previous year. For the same year it recorded a net loss of ₹1.29 Lakh (net margin -12.6%) and EBITDA of -₹40,308 (EBITDA margin -3.9%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 50% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address9 Lal Bazar Street 3rd Floor Block – B, Kolkata, West Bengal, India – 700001
- IndustryFashion and Textile, Fashion Retail
- 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 Encash Securities Limited FY 2022 filings available
Encash Securities Limited reported revenue of ₹10.28 Lakh (up 18% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Encash Securities Limited
Revenue rose 18% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 50%. EBITDA rose 91% 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 Encash Securities Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | -₹40,308 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.29 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 Encash Securities Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -12.6% | •••• | •••• | •••• | •••• |
| 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 Encash Securities 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 Encash Securities Limited
Encash Securities Limited is compared with the companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Satya Infosoft Private Limited | ₹10.44 Lakh (FY 2025) | •••• | •••• | 14.0% | •••• | New Delhi, Delhi, India |
| Win Together Marketing Private Limited | ₹10.34 Lakh (FY 2025) | •••• | •••• | -63.0% | •••• | Bangalore, Karnataka, India |
| Saurabh Sarees Private Limited | ₹10.32 Lakh (FY 2025) | •••• | •••• | -36.0% | •••• | Uttar Pradesh, India |
| Stmaxx Fashion Retail Private Limited | ₹10.32 Lakh (FY 2025) | •••• | •••• | 3.0% | •••• | Mumbai, Maharashtra, India |
| Meu Jeans India Private Limited | ₹10.28 Lakh (FY 2020) | •••• | •••• | -11.0% | •••• | Delhi, India |
| Encash Securities Limited this company | ₹10.28 Lakh (FY 2022) | •••• | •••• | 18.0% | •••• | Kolkata, West Bengal, India |
| Angga Vastra Lifestyle Private Limited | ₹10.24 Lakh (FY 2020) | •••• | •••• | •••• | Noida, Uttar Pradesh, India | |
| Gudnini Export Private Limited | ₹10.21 Lakh (FY 2023) | •••• | •••• | •••• | Delhi, India | |
| Shree Ganesh Sarees Creations Private Limited | ₹10.2 Lakh (FY 2018) | •••• | •••• | -79.0% | •••• | Howrah, West Bengal, India |
| Amber Realcon Private Limited | ₹10.19 Lakh (FY 2017) | •••• | •••• | 15.0% | •••• | Delhi, India |
| Ruprekha Fashion Private Limited | ₹10.13 Lakh (FY 2025) | •••• | •••• | -22.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Encash Securities by revenue in the Apparel industry (Apparel Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Encash Securities Limited
Encash Securities Limited is audited by A M BANKA & CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A M BANKA & CO | 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 Encash Securities Limited
Encash Securities has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suman Saraf | Director | 15 Jul 2013 | 13 Years 2 Months | Current |
| Rashmi Saraf Also directs: Encash Entertainment Limited, Admire Tradelink Private Limited, Zombie Suppliers Private Limited and 4 more | Director | 30 Apr 2008 | 18 Years 5 Months | Current |
| Pankaj Saraf Also directs: Admire Tradelink Private Limited, Zombie Suppliers Private Limited, Hriju Dealcom Private Limited and 5 more | Director | 26 Sep 2011 | 15 Years 0 Months | Current |
Ownership and Shareholding of Encash Securities 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 Encash Securities Limited
Encash Securities Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Encash Securities Limited
Employment history and EPFO contributions of people linked to Encash Securities.
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.
Group Structure of Encash Securities Limited
Encash Securities has 2 associated companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
Name History of Encash Securities Limited
Encash Securities has undergone 2 name changes throughout its history. The company was previously known as Rising Marketing Private Limited., and Encash Securities Private Limited. The current legal name is Encash Securities Limited.
| Company Name | Status |
|---|---|
| Encash Securities Limited | Current |
| Rising Marketing Private Limited. | Previous |
| Encash Securities Private Limited | Previous |
CIN History of Encash Securities Limited
Encash Securities has one previous CIN (Corporate Identification Number): U51909WB2007PTC119840. The current CIN is U51909WB2007PLC119840, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909WB2007PLC119840 | Current |
| U51909WB2007PTC119840 | Previous |
Recent Activity on Encash Securities Limited
Encash Securities Limited has 15 board changes on record since 2007: 9 appointments and 6 cessations. The latest: Suman Saraf was appointed as Director on 15 Jul 2013.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Encash Securities 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 Encash Securities 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 Encash Securities 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 Encash Securities Limited
Encash Securities has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AADCR8387D1ZZ | West Bengal | Active | 01 Jul 2017 |
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 Encash Securities 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 Encash Securities Limited
Encash Securities is an active public limited company based in Kolkata, West Bengal, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 17 October 2007 (19+ years old) and is registered under CIN U51909WB2007PLC119840.
Encash Securities reported revenue of ₹10.28 Lakh for FY 2022 (up 18% YoY).
Encash Securities has 3 current directors:
- Suman Saraf - Director
- Rashmi Saraf - Director
- Pankaj Saraf - Director
Encash Securities reported a net loss of ₹1.29 Lakh (net margin -12.6%) and EBITDA of -₹40,308 (EBITDA margin -3.9%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Encash Securities is -10% over three years and -50% over five years. In the latest year (FY 2022) revenue rose 18%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Encash Securities is 19AADCR8387D1ZZ, registered in West Bengal.
The CIN (Corporate Identification Number) of Encash Securities is U51909WB2007PLC119840. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Encash Securities was incorporated on 17 October 2007, making it 19+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Encash Securities by revenue are Satya Infosoft Private Limited, Win Together Marketing Private Limited, Saurabh Sarees Private Limited, Stmaxx Fashion Retail Private Limited, Meu Jeans India Private Limited and 5 more, all in the Apparel industry (Apparel Retail and Distribution).
Suman Saraf was appointed as Director on 15 Jul 2013. Anjani Kumar Gupta ceased to be Director on 13 Jul 2013. Vineet Kedia ceased to be Director on 31 Oct 2011. Encash Securities has 15 board changes on record in total.
The registered office of Encash Securities is at 9 Lal Bazar Street 3rd Floor Block – B, Kolkata, West Bengal, India – 700001.