MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-18-0148901
JBCG Advisory Services Private Limited
JBCG Advisory Services Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹36.1 Cr
▲ 360.85% YoY
Net loss · FY 2023
₹90.24 Cr
Net margin -250%
EBITDA · FY 2023
-₹27.59 Cr
EBITDA margin -76.4%
Authorised capital
₹164.01 Cr
Registered with MCA
Paid-up capital
₹121.02 Cr
Issued & subscribed
Open charges
₹280.7 Cr
Satisfied ₹651.2 Cr
Company age
10 yrs
Est. 2016
Directors on board
3
As per MCA filings
About JBCG Advisory Services Private Limited
Data last updated:
JBCG Advisory Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 17 November 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH2016PTC287730. Its GSTIN is 27AADCJ8302J1ZI (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹164.01 Cr and a paid-up capital of ₹121.02 Cr. It is led by directors including Jaspal Singh Bindra and Kapil Vishnu Bagla.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹36.1 Cr. For the same year it recorded a net loss of ₹90.24 Cr (net margin -250%) and EBITDA of -₹27.59 Cr (EBITDA margin -76.4%).
Its group structure includes 5 subsidiaries.
As per MCA filings, the company has open charges of ₹280.7 Cr and satisfied charges of ₹651.2 Cr on record. Court records list 25 cases involving the company, including 15 filed by the company and 10 filed against it; 9 cases are pending. The company has 2 deals on record (1 debt financing, 1 funding round), with disclosed funding of ₹171 Cr; the latest was in March 2023.
JBCG Advisory Services Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-18-0148901). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74110MH2016PTC287730
Registration Number 287730
Incorporation Date 17 November 2016
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-18-0148901
CIN history
JBCG Advisory Services has one previous CIN (Corporate Identification Number): U74999MH2016PTC287730. The current CIN is U74110MH2016PTC287730, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110MH2016PTC287730 | Current |
| U74999MH2016PTC287730 | Previous |
Recognitions & Rankings of JBCG Advisory Services
Contact details
JBCG Advisory Services Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 302 36 Turner Road Building Opp Tava Restaurant Turner Road Bandra, W, Mumbai, Maharashtra, India – 400050
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of JBCG Advisory Services Private Limited, buy the company report.
Comprehensive company report
JBCG Advisory Services Private Limited - one report that includes everything
- 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
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Financials of JBCG Advisory Services Private Limited
FY 2024 filings availableJBCG Advisory Services Private Limited reported revenue of ₹36.1 Cr for FY 2023.
Revenue · FY 2023
₹36.1 Cr
Net loss · FY 2023
₹90.24 Cr margin -250%
EBITDA · FY 2023
-₹27.59 Cr margin -76.4%
Financial Statement Summary
| 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 | ₹36.1 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹27.59 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹90.24 Cr | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -76.4% | ||||
| Net Profit Margin | -250% | ||||
| 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 JBCG Advisory Services Private Limited, buy the company report.
Board of directors of JBCG Advisory Services Private Limited
JBCG Advisory Services has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaspal Singh Bindra | Director | 17 Nov 2016 | 9 Years 11 Months | Current |
| Kapil Vishnu Bagla Also directs: JBCG Ventures LLP, Centrum Holdings Limited, Gurudaya Estates Private Limited and 5 more | Director | 05 Jan 2023 | 3 Years 9 Months | Current |
| Chandir Gobind Gidwani Also directs: BG Advisory Services LLP, JBCG Ventures LLP, Blue Lotus Asset Management LLP and 5 more | Director | 17 Nov 2016 | 9 Years 11 Months | Current |
Auditor
JBCG Advisory Services Private Limited is audited by S.M Bhatt and Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.M Bhatt and Associates | FY 2023 | 131347W |
Shareholding
The shareholding of JBCG Advisory Services Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of JBCG Advisory Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹280.7 Cr
Satisfied charges
₹651.2 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Nov 2025 | 101196023 | Others | ₹14 Cr | Open | |
| 15 Oct 2025 | 101177018 | Others | ₹6.25 Cr | Open | |
| 03 Oct 2025 | 101173699 | Others | ₹5 Cr | Open | |
| 09 Sep 2025 | 101152714 | Others | ₹13.25 Cr | Open | |
| 11 Aug 2025 | 101147797 | Others | ₹15 Cr | Open |
To see the full charge records of JBCG Advisory Services Private Limited, buy the company report.
Total charge records: 51 View all charges
Deals & funding
JBCG Advisory Services Private Limited has 2 deals on record (1 debt financing, 1 funding round), with disclosed funding of ₹171 Cr; the latest was in March 2023.
Total deals
2
Debt financing
1
Funding round
1
Disclosed funding
₹171 Cr
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Funding round | ₹121 Cr | Investors: Imagicaaworld Entertainment Limited |
| Apr 2019 | Debt financing | ₹50 Cr | Investors: Centrum Wealth Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
JBCG Advisory Services Private Limited has 25 court cases on record: 15 filed by JBCG Advisory Services, 10 filed against it. 9 cases are pending and 16 are disposed.
Total cases
25
Filed by the company
15
Filed against the company
10
Pending
9
Disposed
16
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 3 | 1 |
| NCLAT | 8 | 2 | 8 |
| District courts | 5 | 5 | 0 |
| NCLT | 4 | 0 | 0 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Sammaan Capital Limited | Pending |
| NCLAT, NCLAT New Delhi | Court case (Caveat) | Filed against the company by Sammaan Capital Limited | Pending |
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed against the company by Resilient Innovations Private Limited | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against Sammaan Capital Limited | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Sammaan Capital Limited | Pending |
To see the full case history of JBCG Advisory Services Private 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 JBCG Advisory Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
JBCG Advisory Services has 5 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
5
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Pyxis Finvest Limited | L65990MH2005PLC157586 | |
| Acapella Foods and Restaurants Private Limited | U15490MH2018PTC305550 | |
| Centrum Holdings Limited | U65993MH2006PLC162533 | |
| Gurudaya Estates Private Limited | U70200MH2019PTC326774 | |
| Calculus Travel Ventures Private Limited | U74999MH2018PTC311107 |
To see the full group structure of JBCG Advisory Services Private Limited, buy the company report.
GST
JBCG Advisory Services has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCJ8302J1ZI | Maharashtra | Active | 26 Jul 2017 |
| 24AADCJ8302J1ZO | Gujarat | Active | 08 Feb 2019 |
To see the full GST registrations and return filing status of JBCG Advisory Services Private Limited, buy the company report.
Recent activity
JBCG Advisory Services Private Limited has 4 board changes on record since 2016: 3 appointments and 1 cessation. The latest: Kapil Vishnu Bagla ceased to be Additional Director on 29 Dec 2023.
Charges
A charge registered on 28 May 2024 via Charge ID 100934951 with Others was fully satisfied on 05 Feb 2026.
Charges
A charge with Others of Rs. 2.20 Cr registered on 16 Jan 2025 with Charge ID 101034087 was modified on 16 Jan 2026.
Charges
A charge with Others amounted to Rs. 14.00 Cr with Charge ID 101196023 was registered on 12 Nov 2025.
Charges
A charge with Others of Rs. 5.00 Cr registered on 25 Oct 2023 with Charge ID 100806741 was modified on 26 Oct 2025.
Charges
A charge with Others amounted to Rs. 6.25 Cr with Charge ID 101177018 was registered on 15 Oct 2025.
Charges
A charge registered on 27 Dec 2023 via Charge ID 100841699 with Others was fully satisfied on 09 Oct 2025.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101173699 was registered on 03 Oct 2025.
Charges
A charge registered on 11 Oct 2024 via Charge ID 100996064 with Others was fully satisfied on 01 Oct 2025.
Charges
A charge registered on 18 Sep 2024 via Charge ID 100975910 with Others was fully satisfied on 12 Sep 2025.
Charges
A charge with Others amounted to Rs. 13.25 Cr with Charge ID 101152714 was registered on 09 Sep 2025.
Charges
A charge with Others of Rs. 14.65 Cr registered on 28 May 2024 with Charge ID 100934951 was modified on 05 Sep 2025.
Charges
A charge with Others of Rs. 4.80 Cr registered on 08 Apr 2025 with Charge ID 101081125 was modified on 02 Sep 2025.
84 earlier events are in the company report.
Frequently asked questions
JBCG Advisory Services 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 17 November 2016 (10+ years old) and is registered under CIN U74110MH2016PTC287730.
JBCG Advisory Services has 3 current directors:
- Jaspal Singh Bindra - Director
- Kapil Vishnu Bagla - Director
- Chandir Gobind Gidwani - Director
The latest financial statements of JBCG Advisory Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of JBCG Advisory Services is 27AADCJ8302J1ZI, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AADCJ8302J1ZO (Gujarat).
The CIN (Corporate Identification Number) of JBCG Advisory Services is U74110MH2016PTC287730. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
JBCG Advisory Services has 25 court cases on record: 15 filed by the company and 10 filed against it. 9 are pending. Most are in the high courts.
JBCG Advisory Services was incorporated on 17 November 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
JBCG Advisory Services has 2 deals on record (1 debt financing, 1 funding round), with disclosed funding of ₹171 Cr; the latest was in March 2023.
Kapil Vishnu Bagla ceased to be Additional Director on 29 Dec 2023. Kapil Vishnu Bagla was appointed as Director on 05 Jan 2023. Chandir Gobind Gidwani was appointed as Director on 17 Nov 2016. JBCG Advisory Services has 4 board changes on record in total.
Yes, JBCG Advisory Services is registered as an MSME under Udyam registration (number: UDYAM-MH-18-0148901).