Eureka Finstock Pvt Ltd
About Eureka Finstock Pvt Ltd
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Eureka Finstock Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Gitanjali Gems Ltd. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 07 February 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH2006PTC159738. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Aniyath Shivraman Nair and Kaushik Bhanukumar Naik.
Its last annual general meeting (AGM) was held on 23 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2016, the company reported a revenue of ₹6 Lakh. For the same year it recorded a net loss of ₹31.12 Lakh and EBITDA of ₹5.5 Lakh (EBITDA margin 91.7%).
As per MCA filings, the company has open charges of ₹5,305 Cr and satisfied charges of ₹965 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it. The company has 1 deal on record (1 acquisition); the latest was in June 2008. Its 10 peer companies in the BFSI industry (Broking Services) are compared by revenue, 5 larger and 5 smaller; the largest is Giriganga Investments Private Limited with revenue of ₹6 Lakh.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Eureka Finstock Pvt Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressOffice No.6 'B' Wing 1st Floor Laxmi Towers Bandra Kurla Complex Band, Ra, Mumbai, Maharashtra, India – 400051
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Eureka Finstock Pvt 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
Financials of Eureka Finstock Pvt Ltd
FY 2017 filings availableEureka Finstock Pvt Ltd reported revenue of ₹6 Lakh for FY 2016.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹6 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹5.5 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹31.12 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 91.7% | |
| Net Profit Margin | ||
| 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 | ||
To see the full financial statements and ratios of Eureka Finstock Pvt Ltd, buy the company report.
Board of directors of Eureka Finstock Pvt Ltd
Eureka Finstock has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aniyath Shivraman Nair Also directs: Hyderabad Gems Sez Limited, Gitanjali Jewellery Retail Limited, Gitanjali Infratech Limited and 5 more | Director | 08 May 2014 | 12 Years 5 Months | Current |
| Kaushik Bhanukumar Naik Also directs: Decent Securities and Finance Private Limited, N & J Finstocks Private Limited, Nashik Multi Services Sez Limited and 1 more | Director | 08 May 2014 | 12 Years 5 Months | Current |
| Milind Anant Limaye Also directs: Hyderabad Gems Sez Limited, Decent Securities and Finance Private Limited, Jewelsouk Marketplace Limited and 4 more | Director | 08 May 2014 | 12 Years 5 Months | Current |
Peer comparison
Eureka Finstock Pvt Ltd is compared with the 10 companies closest to it by revenue in the BFSI industry (Broking Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Eureka Finstock Pvt Ltdthis company | ₹6 Lakh (FY 2016) | -₹31.12 Lakh | Mumbai, Maharashtra, India | |||
| Giriganga Investments Private Limited | ₹6 Lakh (FY 2025) | -45.0% | Mumbai, Maharashtra, India | |||
| Sanchita Securities Private Limited | ₹6 Lakh (FY 2025) | Uttar Pradesh, India | ||||
| Bliss Paper Mills Pvt Ltd | ₹6 Lakh (FY 2025) | Kolkata, West Bengal, India | ||||
| Wall Street Investment Ltd | ₹6 Lakh (FY 2025) | 150.0% | Kolkata, West Bengal, India | |||
| Mishka Finance and Trading Limited | ₹6 Lakh (FY 2025) | -33.0% | Mumbai, Maharashtra, India | |||
| Micro Land Developers Private Limited | ₹5.99 Lakh (FY 2025) | -99.0% | Gurgaon, Haryana, India | |||
| Premium Global Commodities and Derivatives Private Limited | ₹5.98 Lakh (FY 2025) | 68.0% | Indore, Madhya Pradesh, India | |||
| Ventura Commodities Limited | ₹5.98 Lakh (FY 2025) | -63.0% | Thane, Maharashtra, India | |||
| Agglostock Asset Basket 33 Private Limited | ₹5.98 Lakh (FY 2025) | Indri, Haryana, India | ||||
| Gemini Shares and Stocks Private Limited | ₹5.96 Lakh (FY 2025) | 1.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Eureka Finstock Pvt Ltd, buy the company report.
Auditor
Eureka Finstock Pvt Ltd is audited by FORD RHODES PARKS & CO LLP for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| FORD RHODES PARKS & CO LLP | FY 2016 | 102860W |
Shareholding
The shareholding of Eureka Finstock Pvt 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 Eureka Finstock Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Mar 2012 | 10353628 | The Lakshmi Vilas Bank Limited | ₹25 Cr | Open | |
| 30 Nov 2010 | 10255116 | Allbank Finance Ltd | ₹5,280 Cr | Open | |
| 04 Jul 2008 | 10113899 | Allahabad Bank Consortium Acting for Itself and for the Members of Allahabad Bank Consortium | ₹965 Cr | Satisfied |
To see the full charge records of Eureka Finstock Pvt Ltd, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Eureka Finstock Pvt Ltd has 1 deal on record (1 acquisition); the latest was in June 2008.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2008 | Acquisition | Undisclosed | Buyer: Gitanjali Gems Ltd |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Eureka Finstock Pvt Ltd has 3 court cases on record: 1 filed by Eureka Finstock, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (AO) | Filed against the company by MMTC Gitanjali Ltd. and 9 others | Disposed |
| High Court, GUJARAT | Court case (AO) | Filed by the company against Gitanjali Exports Corporation Limited and 17 others | Disposed |
| District court, RAJKOT, Gujarat | Commercial matter | Filed against the company by M/S. Divyanirman Jewels, A Partnership Firm, Thru Its Autho. Partner Mr. Digvijaysinh H. Jadeja | Disposed |
To see the full case history of Eureka Finstock Pvt Ltd, 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 Eureka Finstock Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Eureka Finstock 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 Eureka Finstock Pvt Ltd, buy the company report.
Recent activity
Eureka Finstock Pvt Ltd has 11 board changes on record since 2008: 3 appointments and 8 cessations. The latest: Aniyath Shivraman Nair ceased to be Director on 27 Aug 2018.
7 earlier events are in the company report.
Frequently asked questions
Eureka Finstock is an active private limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 07 February 2006 (20+ years old) and is registered under CIN U67120MH2006PTC159738.
Eureka Finstock has 3 current directors:
- Aniyath Shivraman Nair - Director
- Kaushik Bhanukumar Naik - Director
- Milind Anant Limaye - Director
The latest financial statements of Eureka Finstock on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 23 September 2017. Year-wise statements from 2015 are in the company report.
No. Eureka Finstock has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Eureka Finstock is U67120MH2006PTC159738. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Eureka Finstock has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the high courts.
Eureka Finstock was incorporated on 07 February 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Eureka Finstock has 1 deal on record (1 acquisition); the latest was in June 2008.
The peers of Eureka Finstock by revenue are Giriganga Investments Private Limited, Sanchita Securities Private Limited, Bliss Paper Mills Pvt Ltd, Wall Street Investment Ltd, Mishka Finance and Trading Limited and 5 more, all in the BFSI industry (Broking Services).
Aniyath Shivraman Nair ceased to be Director on 27 Aug 2018. Milind Anant Limaye ceased to be Director on 01 Feb 2018. Kaushik Bhanukumar Naik ceased to be Additional Director on 27 Sep 2014. Eureka Finstock has 11 board changes on record in total.
The registered office of Eureka Finstock is at Office No.6 B Wing 1st Floor Laxmi Towers Bandra Kurla Complex Band, Ra, Mumbai, Maharashtra, India – 400051.
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