Europlus Financial Services Limited
About Europlus Financial Services Limited
Data last updated:
Europlus Financial Services Limited was a public limited company based in New Delhi, Delhi, India, operated as a subsidiary of Alankit 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 diversified financial services segment of the financial services sector. It was incorporated on 19 July 1994.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U51909DL1994PLC060322.
The company had an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.99 Cr. It was formerly known as Trisure Impex Limited and Alankit Comstocks Limited. It was led by directors including Ankit Agarwal and Alok Kumar Agarwal.
Its last annual general meeting (AGM) was held on 03 June 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at 205 – 208 Anarkali Complex Jhandewalan Extn, New Delhi, Delhi, India.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.9 Lakh, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹86,059 (net margin 45.2%) and EBITDA of ₹95,717 (EBITDA margin 50.3%). Revenue has declined at a compounded annual rate (CAGR) of 59% over three years.
As per MCA filings, the company had open charges of ₹25 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Company details
Name history
Europlus Financial Services has undergone 7 name changes throughout its history. The current legal name is Europlus Financial Services Limited.
| Company Name | Status |
|---|---|
| Europlus Financial Services Limited | Current |
| Trisure Impex Limited | Previous |
| Alankit Comstocks Limited | Previous |
| Alankit Asset Reconstruction & Securitisation Company Limited | Previous |
| Trisure Impex Private Limited | Previous |
| Alankit Comstocks Private Limited | Previous |
| Alankit Professional Legal Underwriting Services Limited | Previous |
| Alankit Plus Services Limited | Previous |
CIN history
Europlus Financial Services has one previous CIN (Corporate Identification Number): U51909DL1994PTC060322. The current CIN is U51909DL1994PLC060322, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909DL1994PLC060322 | Current |
| U51909DL1994PTC060322 | Previous |
Contact details
Europlus Financial Services Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered Address205 – 208 Anarkali Complex Jhandewalan Extn, New Delhi, Delhi, India
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Europlus Financial Services 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 Europlus Financial Services is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Europlus Financial Services Limited, buy the company report.
Financials of Europlus Financial Services Limited
FY 2019 filings availableEuroplus Financial Services Limited reported revenue of ₹1.9 Lakh (up 5% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 5% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 59%. EBITDA fell 14% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹95,717 | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹86,059 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 50.3% | ||||
| Net Profit Margin | 45.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Europlus Financial Services Limited, buy the company report.
Board of directors of Europlus Financial Services Limited
Europlus Financial Services has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankit Agarwal Also directs: Alankit Limited, Swift Impex Pvt. Ltd., Alankit Id Consulting Private Limited and 5 more | Director | 20 Mar 2015 | 11 Years 7 Months | As last reported |
| Alok Kumar Agarwal | Director | 01 Sep 2017 | 9 Years 2 Months | As last reported |
| Yash Jeet Basrar Also directs: Bhiwadi Plastics Private Limited, Altais Advisors Private Limited | Director | 20 Mar 2015 | 11 Years 7 Months | As last reported |
Auditor
Europlus Financial Services Limited is audited by KRISHAN K GUPTA & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KRISHAN K GUPTA & CO | FY 2018 | 000009N |
Shareholding
The shareholding of Europlus Financial Services Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Europlus Financial Services Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jun 2004 | 90058566 | United Bank of India | ₹25 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Europlus Financial Services Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Company appeal | Filed against the company by Rajbir Singh HUF | Pending |
To see the full case history of Europlus Financial Services 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 Europlus Financial Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Europlus Financial Services Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Europlus Financial Services Limited has 16 board changes on record since 2008: 3 appointments and 13 cessations. The latest: Alok Kumar Agarwal was appointed as Director on 01 Sep 2017.
8 earlier events are in the company report.
Frequently asked questions
Europlus Financial Services 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.
Europlus Financial Services was a public limited company based in New Delhi, Delhi, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 19 July 1994 and is registered under CIN U51909DL1994PLC060322. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Europlus Financial Services was incorporated on 19 July 1994. It is registered with the Registrar of Companies, Delhi.
Europlus Financial Services had 3 directors:
- Ankit Agarwal - Director
- Alok Kumar Agarwal - Director
- Yash Jeet Basrar - Director
The CIN (Corporate Identification Number) of Europlus Financial Services is U51909DL1994PLC060322. 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 Europlus Financial Services is at 205 – 208 Anarkali Complex Jhandewalan Extn, New Delhi, Delhi, India.
The latest financial statements of Europlus Financial Services on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 03 June 2019. Year-wise statements from 2015 are in the company report.
Europlus Financial Services operated in the financial services industry, in the diversified financial services segment.
Europlus Financial Services has 1 court case on record: 1 filed against it. 1 is pending.
Alok Kumar Agarwal was appointed as Director on 01 Sep 2017. Rajeshwar Prasad Agrawal ceased to be Director on 01 Sep 2017. Yash Jeet Basrar ceased to be Additional Director on 30 Sep 2015. Europlus Financial Services has 16 board changes on record in total.
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