About Supreme Consulting and Advisory Services Limited
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Supreme Consulting and Advisory Services Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the financial exchanges segment of the financial services sector. It was incorporated on 19 June 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74110TN1995PLC031910. Its GSTIN is 33AAACV3640E1ZS (Tamil Nadu). The company holds 10 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹11 Cr and a paid-up capital of ₹6.11 Cr. It was formerly known as Vkc Credit and Forex Services Limited and Essel Forex Limited. It is led by directors including Salil Ashok Datar (Whole-Time Director) and Vibhu Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 33B Olympia Platina 1st Floor SIDCO Industrial Estate Guindy, Chennai, Tamil Nadu, India – 600032.
As per the financials filed for FY 2022, the company reported a revenue of ₹23.83 Lakh, a decline of 54% compared to the previous year. For the same year it recorded a net loss of ₹8.62 Lakh (net margin -36.2%) and EBITDA of -₹8.06 Lakh (EBITDA margin -33.8%). Revenue has declined at a compounded annual rate (CAGR) of 95% over three years and 83% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Essel Forex. As per MCA filings, the company has satisfied charges of ₹75 Cr on record. Court records list 19 cases involving the company, including 15 filed by the company and 4 filed against it; 2 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in December 2014.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website esselforex.com.
Company details
Name history
Supreme Consulting and Advisory Services has undergone 4 name changes throughout its history. The current legal name is Supreme Consulting And Advisory Services Limited.
| Company Name | Status |
|---|---|
| Supreme Consulting and Advisory Services Limited | Current |
| Vkc Credit And Forex Services Limited | Previous |
| Essel Forex Limited | Previous |
| Vkc Credit And Forex Services Private Limited | Previous |
| Essel Finance Vkc Forex Limited | Previous |
CIN history
Supreme Consulting and Advisory Services has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74110TN1995PLC031910, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110TN1995PLC031910 | Current |
| U67190TN1995PLC031910 | Previous |
| U67190TN1995PTC031910 | Previous |
Contact details
Supreme Consulting and Advisory Services Limited's registered office is in Chennai, Tamil Nadu. Its website is esselforex.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address33B Olympia Platina 1st Floor SIDCO Industrial Estate Guindy, Chennai, Tamil Nadu, India – 600032
- IndustryFinancial Services, Financial Exchanges
To see the full contact details of Supreme Consulting and Advisory 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
Brands
Supreme Consulting and Advisory Services operates one associated brand: Essel Forex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cryptocurrency content is hosted on the Essel Forex platform. | esselforex.com |
Financials of Supreme Consulting and Advisory Services Limited
FY 2022 filings availableSupreme Consulting and Advisory Services Limited reported revenue of ₹23.83 Lakh (down 54% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 83% over five years, including a 54% fall 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | -₹8.06 Lakh | ||||
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| Net Profit (PAT) | -₹8.62 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | -33.8% | ||||
| Net Profit Margin | -36.2% | ||||
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To see the full financial statements and ratios of Supreme Consulting and Advisory Services Limited, buy the company report.
Board of directors of Supreme Consulting and Advisory Services Limited
Supreme Consulting and Advisory Services has 5 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vibhu Agarwal Also directs: Raha Capital Advisors LLP, Everdesi Studio (OPC) Private Limited, Earth and Kind Private Limited and 2 more | Director | 05 Feb 2019 | 7 Years 9 Months | Current |
| Utsa Pattnaik | Director | 04 Jan 2021 | 5 Years 10 Months | Current |
| Rudra Narayan Sa Also directs: Hunterman's Agro Product Private Limited | Director | 21 Jun 2021 | 5 Years 4 Months | Current |
| Salil Ashok Datar Also directs: Simplify Agetech Private Limited, Focus Holdings Private Limited | Whole-Time Director | 21 Sep 2016 | 10 Years 1 Months | Current |
| Akash Chandrakant Jagtap | Additional Director | 20 May 2024 | 2 Years 5 Months | Current |
Auditor
Supreme Consulting and Advisory Services Limited is audited by B S SHARMA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S SHARMA & CO | FY 2020 | 128249W |
Shareholding
The shareholding of Supreme Consulting and Advisory Services Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Supreme Consulting and Advisory Services Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Sep 2018 | 100203489 | Others | ₹12.5 Cr | Satisfied | |
| 07 Jul 2017 | 100113972 | Others | ₹5.25 Cr | Satisfied | |
| 19 Apr 2017 | 100114182 | Others | ₹15.75 Cr | Satisfied | |
| 16 Aug 2016 | 100046579 | Others | ₹4.5 Cr | Satisfied | |
| 30 Oct 2015 | 10618871 | Indusind Bank Ltd. | ₹8 Cr | Satisfied |
To see the full charge records of Supreme Consulting and Advisory Services Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Supreme Consulting and Advisory Services Limited has 1 deal on record (1 acquisition); the latest was in December 2014.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2014 | Acquisition | Undisclosed | Buyer: Essel Finance Management LLP |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Supreme Consulting and Advisory Services Limited has 19 court cases on record: 15 filed by Supreme Consulting and Advisory Services, 4 filed against it. 2 cases are pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 3 | 2 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against M/S.Firestar International Pvt. Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against M/S.Firestar Diamond International Pvt. Ltd. | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed by the company against Lifeline Services Pvt. Ltd. | Disposed |
| District court, Chennai, Tamil Nadu | Appeal | Filed against the company by T.G.F Media Systems Ltd. and 2 Others | Disposed |
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed by the company against Trivium Media Group and 2 others | Pending |
To see the full case history of Supreme Consulting and Advisory 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.
Credit ratings & regulatory alerts
Supreme Consulting and Advisory Services Limited was last rated by Crisil on 09 Apr 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 09 Apr 2019 |
To see the full credit ratings and regulatory alerts of Supreme Consulting and Advisory Services Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Supreme Consulting and Advisory Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Supreme Consulting and Advisory Services has 10 GST registrations: 1 active and 9 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACV3640E1ZS | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Supreme Consulting and Advisory Services Limited, buy the company report.
Recent activity
Supreme Consulting and Advisory Services Limited has 24 board changes on record since 2014: 5 appointments and 19 cessations. The latest: Akash Chandrakant Jagtap was appointed as Additional Director on 20 May 2024.
32 earlier events are in the company report.
News
Frequently asked questions
Supreme Consulting and Advisory Services is an active public limited company based in Chennai, Tamil Nadu, India. The company works in financial exchanges, within the financial services industry. It was incorporated on 19 June 1995 (31+ years old) and is registered under CIN U74110TN1995PLC031910.
Supreme Consulting and Advisory Services has 5 current directors:
- Salil Ashok Datar - Whole-Time Director
- Vibhu Agarwal - Director
- Utsa Pattnaik - Director
- Rudra Narayan Sa - Director
- Akash Chandrakant Jagtap - Additional Director
The latest financial statements of Supreme Consulting and Advisory Services on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Supreme Consulting and Advisory Services is 33AAACV3640E1ZS, registered in Tamil Nadu. The company has 10 GST registrations in all, of which 1 is active and 9 are cancelled or inactive.
The CIN (Corporate Identification Number) of Supreme Consulting and Advisory Services is U74110TN1995PLC031910. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Supreme Consulting and Advisory Services has 19 court cases on record: 15 filed by the company and 4 filed against it. 2 are pending. Most are in the district courts.
Supreme Consulting and Advisory Services was incorporated on 19 June 1995, making it 31+ years old. It is registered with the Registrar of Companies, Chennai.
Supreme Consulting and Advisory Services has 1 deal on record (1 acquisition); the latest was in December 2014.
Akash Chandrakant Jagtap was appointed as Additional Director on 20 May 2024. Rudra Narayan Sa ceased to be Additional Director on 30 Nov 2021. Utsa Pattnaik ceased to be Additional Director on 30 Nov 2021. Supreme Consulting and Advisory Services has 24 board changes on record in total.
Supreme Consulting and Advisory Services can be reached through the website esselforex.com. Its registered office is in Chennai, Tamil Nadu, India.
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