About KSBL Securities Limited
Data last updated:
KSBL Securities Limited is a public limited company based in Gurgaon, Haryana, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 22 January 1993.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899HR1993PLC045764. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.87 Cr. It was formerly known as Kumar Share Brokers Limited and Kumar Share Brokers Private Limited. It is led by directors including Deepak Kumar and Yogesh Kumar.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Plot No. 1 Naher (Canal) Colony B/H Water Filling Plant Dhankot, Gurgaon, Haryana, India – 122001.
As per the financials filed for FY 2020, the company reported a revenue of ₹4.99 Cr, a decline of 73% compared to the previous year. For the same year it recorded a net loss of ₹7.84 Cr (net margin -157.2%) and EBITDA of -₹6.05 Cr (EBITDA margin -121.3%). Revenue has declined at a compounded annual rate (CAGR) of 37% over three years and 10% over five years.
As per MCA filings, the company has open charges of ₹25.65 Cr and satisfied charges of ₹9.47 Cr on record. Court records list 204 cases involving the company, including 88 filed by the company and 116 filed against it; 47 cases are pending.
The last known website on record is kumarshare.com.
Company details
Name history
KSBL Securities has undergone 2 name changes throughout its history. The company was previously known as Kumar Share Brokers Limited, and Kumar Share Brokers Private Limited. The current legal name is Ksbl Securities Limited.
| Company Name | Status |
|---|---|
| KSBL Securities Limited | Current |
| Kumar Share Brokers Limited | Previous |
| Kumar Share Brokers Private Limited | Previous |
CIN history
KSBL Securities has one previous CIN (Corporate Identification Number): U74899DL1993PLC051852. The current CIN is U74899HR1993PLC045764, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899HR1993PLC045764 | Current |
| U74899DL1993PLC051852 | Previous |
Contact details
KSBL Securities Limited's registered office is in Gurgaon, Haryana. Its website is kumarshare.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressPlot No. 1 Naher (Canal) Colony B/H Water Filling Plant Dhankot, Gurgaon, Haryana, India – 122001
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of KSBL Securities 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 KSBL Securities 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 KSBL Securities Limited, buy the company report.
Financials of KSBL Securities Limited
FY 2020 filings availableKSBL Securities Limited reported revenue of ₹4.99 Cr (down 73% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 73% fall in the latest year. EBITDA fell 208% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4.99 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹6.05 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.84 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -121.3% | ||||
| Net Profit Margin | -157.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of KSBL Securities Limited, buy the company report.
Board of directors of KSBL Securities Limited
KSBL 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 |
|---|---|---|---|---|
| Deepak Kumar | Director | 07 Oct 2020 | 6 Years 0 Months | As last reported |
| Yogesh Kumar | Director | 04 Mar 2020 | 6 Years 7 Months | As last reported |
| Ramesh Chand Arora Also directs: KSBL Forex (Ifsc) Private Limited, KSBL Insurance Broking Private Limited, KSBL Commodity Brokers Private Limited and 1 more | Director | 08 Feb 1995 | 31 Years 8 Months | As last reported |
Auditor
KSBL Securities Limited is audited by VINOD K GARG & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VINOD K GARG & ASSOCIATES | FY 2020 | 005065N |
Shareholding
The shareholding of KSBL Securities Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of KSBL Securities Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Oct 2018 | 100216266 | Tata Capital Financial Services Limited | ₹5 Cr | Open | |
| 28 Nov 2017 | 100139271 | State Bank of India | ₹1.65 Cr | Open | |
| 18 Feb 2016 | 100044036 | Others | ₹15 Cr | Open | |
| 31 Dec 2015 | 10619741 | Others | ₹2 Cr | Open | |
| 19 Dec 2014 | 10574452 | Indusind Bank Ltd. | ₹2 Cr | Open |
To see the full charge records of KSBL Securities Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
KSBL Securities Limited has 204 court cases on record: 88 filed by KSBL Securities, 116 filed against it. 47 cases are pending and 157 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 184 | 103 | 45 |
| High courts | 12 | 6 | 2 |
| NCLT | 3 | 3 | 0 |
| NCLAT | 3 | 3 | 0 |
| Supreme Court | 2 | 1 | 0 |
Cases on record (5 of 204)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Revision petition | Filed against the company by M/S Deccans Safety Glass Works Pvt Ltd | Pending |
| District court, South East, Delhi | Criminal case | Filed against the company by M/S Deccans Safety Glass Works Pvt Ltd and 2 others | Pending |
| District court, Chandigarh | Court case (CRR) | Filed against the company by Panchkula Finvest Pvt Ltd | Pending |
| NCLAT, Company Appeal(AT)(Ins) | Insolvency matter | Filed against the company by Kumar Vocational Courses Academy Private Limited | Disposed |
| NCLAT, Interlocutory Application | Interim or miscellaneous application | Filed against the company by Kumar Vocational Courses Academy Private Limited | Disposed |
To see the full case history of KSBL Securities 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 KSBL Securities Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
KSBL Securities has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of KSBL Securities Limited, buy the company report.
Recent activity
KSBL Securities Limited has 9 board changes on record since 1995: 3 appointments and 6 cessations. The latest: Deepak Kumar was appointed as Director on 07 Oct 2020.
11 earlier events are in the company report.
Frequently asked questions
KSBL Securities is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
KSBL Securities is a company under insolvency, formerly operating as a public limited company based in Gurgaon, Haryana, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 22 January 1993 and is registered under CIN U74899HR1993PLC045764. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
KSBL Securities has 3 current directors:
- Deepak Kumar - Director
- Yogesh Kumar - Director
- Ramesh Chand Arora - Director
The latest financial statements of KSBL Securities on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of KSBL Securities is U74899HR1993PLC045764. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
KSBL Securities has open charges of ₹25.65 Cr and satisfied charges of ₹9.47 Cr as per latest MCA filings.
KSBL Securities has 204 court cases on record: 88 filed by the company and 116 filed against it. 47 are pending. Most are in the district courts.
KSBL Securities was incorporated on 22 January 1993. It is registered with the Registrar of Companies, Delhi.
Deepak Kumar was appointed as Director on 07 Oct 2020. Suman Arora ceased to be Director on 06 Mar 2020. Yogesh Kumar was appointed as Director on 04 Mar 2020. KSBL Securities has 9 board changes on record in total.
KSBL Securities can be reached through the website kumarshare.com. Its registered office is in Gurgaon, Haryana, India.