About M B Commercial Co Ltd
Data last updated:
M B Commercial Co Ltd was a public limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate leasing and property management segment of the real estate sector. It was incorporated on 21 October 1960.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB1960PLC024849. Its GSTIN is 19AABCM6766B1ZF (West Bengal).
The company had an authorised share capital of ₹3.1 Cr and a paid-up capital of ₹22.45 Lakh. It was led by directors including Vivek Tibrewalla and Pradip Kumar Khan.
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 was at 7 Munshi Premchand Saranihastings, Kolkata, West Bengal, India – 700022.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.95 Cr, a decline of 73% compared to the previous year. For the same year it recorded a net loss of ₹1.34 Cr (net margin -34%) and EBITDA of ₹1.44 Cr (EBITDA margin 36.4%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 17% over five years.
The company had about 2 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹47.5 Cr on record. Court records list 30 cases involving the company, including 19 filed by the company and 11 filed against it; 3 cases are pending.
The last known website on record is lnbgroup.com.
Company details
CIN history
M B Commercial Co has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U51909WB1960PLC024849, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909WB1960PLC024849 | Current |
| L51909WB1960PLC024849 | Previous |
| U51909WB1960PTC024849 | Previous |
Contact details
M B Commercial Co Ltd's registered office is in Kolkata, West Bengal. Its website is lnbgroup.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address7 Munshi Premchand Saranihastings, Kolkata, West Bengal, India – 700022
- IndustryReal Estate, Real Estate Leasing
To see the full contact details of M B Commercial Co 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
Business activity
The main business activity of M B Commercial Co is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of M B Commercial Co Ltd, buy the company report.
Financials of M B Commercial Co Ltd
FY 2024 filings availableM B Commercial Co Ltd reported revenue of ₹3.95 Cr (down 73% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 73% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA fell 85% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹1.44 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.34 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 36.4% | ||||
| Net Profit Margin | -34% | ||||
| 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 M B Commercial Co Ltd, buy the company report.
Board of directors of M B Commercial Co Ltd
M B Commercial Co 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 |
|---|---|---|---|---|
| Vivek Tibrewalla | Director | 26 May 2022 | 4 Years 5 Months | As last reported |
| Pradip Kumar Khan Also directs: Eminence Harvest Private Limited, Agrajay Greeneries Private Limited, Akruray Greenhub Private Limited and 4 more | Director | 17 Apr 1996 | 30 Years 6 Months | As last reported |
| Bhaskar Banerjee | Director | 31 Mar 2015 | 11 Years 7 Months | As last reported |
Peer comparison
M B Commercial Co Ltd is compared with the 7 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sogyan Infra Private Limited | ₹3.96 Cr (FY 2024) | 133.0% | Guwahati, Assam, India | |||
| Guljag Properties and Leasings Private Limited | ₹3.96 Cr (FY 2023) | 173.0% | Mumbai, Maharashtra, India | |||
| M B Commercial Co Ltdthis company | ₹3.95 Cr (FY 2024) | -₹1.34 Cr | -34% | -73.0% | 2 | Kolkata, West Bengal, India |
| Jayapushpam Investments and Trading Private Limited | ₹3.95 Cr (FY 2023) | -59.0% | Mumbai, Maharashtra, India | |||
| Purnasons Holding Pvt Ltd | ₹3.95 Cr (FY 2025) | -8.0% | Kolkata, West Bengal, India | |||
| Basudev Builders Private Limited | ₹3.94 Cr (FY 2025) | 5.0% | Kolkata, West Bengal, India | |||
| Twa Spaces Private Limited | ₹3.94 Cr (FY 2024) | Bangalore, Karnataka, India | ||||
| M-Four Estates Private Limited | ₹3.94 Cr (FY 2025) | 16.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of M B Commercial Co Ltd, buy the company report.
Auditor
M B Commercial Co Ltd is audited by SUNIL KUMAR JAIN & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUNIL KUMAR JAIN & ASSOCIATES | FY 2020 | 320239E |
Shareholding
The shareholding of M B Commercial Co Ltd 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 M B Commercial Co Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jun 2007 | 10058406 | Il&Fs Financial Services Limited | ₹15 Cr | Satisfied | |
| 15 Jun 2007 | 10058408 | Il&Fs Financial Services Limited | ₹5 Cr | Satisfied | |
| 20 Jul 2005 | 90256917 | Infrastructure Leasing & Financial Services Ltd | ₹27.5 Cr | Satisfied |
To see the full charge records of M B Commercial Co Ltd, buy the company report.
Total charge records: 3 View all charges
Legal cases
M B Commercial Co Ltd has 30 court cases on record: 19 filed by M B Commercial Co, 11 filed against it. 3 cases are pending and 27 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 21 | 11 | 1 |
| District courts | 8 | 0 | 2 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 30)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Court case (TEX) | Filed by the company against an individual | Pending |
| District court, Calcutta, West Bengal | Court case (TS) | Filed by the company against an individual | Pending |
| Calcutta High Court | Consumer complaint | Filed against the company by an individual | Pending |
| NCLT, Kolkata | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| District court, Calcutta, West Bengal | Court case (MEX) | Filed by the company against an individual | Disposed |
To see the full case history of M B Commercial Co 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 M B Commercial Co Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
M B Commercial Co Ltd has a workforce of 2 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
M B Commercial Co has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCM6766B1ZF | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of M B Commercial Co Ltd, buy the company report.
Recent activity
M B Commercial Co Ltd has 9 board changes on record since 1996: 3 appointments and 6 cessations. The latest: Vivek Tibrewalla ceased to be Additional Director on 22 Sep 2022.
7 earlier events are in the company report.
Frequently asked questions
M B Commercial Co 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.
M B Commercial Co was a public limited company based in Kolkata, West Bengal, India. The company worked in real estate leasing, within the real estate industry. It was incorporated on 21 October 1960 and is registered under CIN U51909WB1960PLC024849. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
M B Commercial Co was incorporated on 21 October 1960. It is registered with the Registrar of Companies, Kolkata.
M B Commercial Co had 3 directors:
- Vivek Tibrewalla - Director
- Pradip Kumar Khan - Director
- Bhaskar Banerjee - Director
The CIN (Corporate Identification Number) of M B Commercial Co is U51909WB1960PLC024849. 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 M B Commercial Co is at 7 Munshi Premchand Saranihastings, Kolkata, West Bengal, India – 700022.
M B Commercial Co can be reached through the website lnbgroup.com. Its registered office is in Kolkata, West Bengal, India.
The latest financial statements of M B Commercial Co 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 2015 are in the company report.
The GSTIN of M B Commercial Co is 19AABCM6766B1ZF, registered in West Bengal.
M B Commercial Co operated in the real estate industry, in the real estate leasing segment.
The peers of M B Commercial Co by revenue are Sogyan Infra Private Limited, Guljag Properties and Leasings Private Limited, Jayapushpam Investments and Trading Private Limited, Purnasons Holding Pvt Ltd, Basudev Builders Private Limited and 2 more, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
