Parasnath Advisory Private Limited
About Parasnath Advisory Private Limited
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Parasnath Advisory Private Limited was a private 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 brokerage and trading services segment of the financial services sector. It was incorporated on 08 March 2007.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U74120WB2007PTC114002.
The company had an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.86 Cr. It was led by directors Sunil Nangalia and Sanjoy Halder.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Room No. 3F 3rd Floor Tobacco House 1 Old Court House Corner, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2021, the company reported a revenue of ₹3.43 Lakh, a growth of 5% compared to the previous year. For the same year it recorded a net loss of ₹47,733 (net margin -13.9%) and EBITDA of -₹47,733 (EBITDA margin -13.9%). Revenue has grown at a compounded annual rate (CAGR) of 125% over three years and 67% over five years.
Its group structure included 2 subsidiaries.
Court records list 3 cases involving the company, including 3 filed by the company.
Company details
Contact details
Parasnath Advisory Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressRoom No. 3F 3rd Floor Tobacco House 1 Old Court House Corner, Kolkata, West Bengal, India – 700001
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Parasnath Advisory Private 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 Parasnath Advisory 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 Parasnath Advisory Private Limited, buy the company report.
Financials of Parasnath Advisory Private Limited
FY 2021 filings availableParasnath Advisory Private Limited reported revenue of ₹3.43 Lakh (up 5% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 67% over five years, including 5% growth in the latest year. EBITDA rose 30% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | -₹47,733 | ||||
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| Net Profit (PAT) | -₹47,733 | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | -13.9% | ||||
| Net Profit Margin | -13.9% | ||||
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To see the full financial statements and ratios of Parasnath Advisory Private Limited, buy the company report.
Board of directors of Parasnath Advisory Private Limited
Parasnath Advisory has 2 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Nangalia Also directs: Dhyandeep Consultancy Services LLP, Nandraj Tradecomm LLP, Sargon Agro Care LLP and 5 more | Director | 07 Oct 2014 | 12 Years 0 Months | As last reported |
| Sanjoy Halder Also directs: Arena Textiles and Industries Limited, Salasar Lohh Products Ltd, Shoparna Brotehers Pvt Ltd and 5 more | Director | 18 Nov 2014 | 11 Years 11 Months | As last reported |
Auditor
Parasnath Advisory Private Limited is audited by JAIN SONU & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIN SONU & ASSOCIATES | FY 2016 | 060015 |
Shareholding
The shareholding of Parasnath Advisory Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Parasnath Advisory Private Limited, buy the company report.
Legal cases
Parasnath Advisory Private Limited has 3 court cases on record: 3 filed by Parasnath Advisory. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, West Bengal | Writ petition | Filed by the company against Income Tax Officer Ward 1/1 and Ors | Disposed |
| High Court, West Bengal | Writ petition | Filed by the company against Income Tax Officer Ward 5/1 and Ors | Disposed |
| High Court, West Bengal | Writ petition | Filed by the company against Union of India and Ors. | Disposed |
To see the full case history of Parasnath Advisory 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 Parasnath Advisory Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Parasnath Advisory has 2 subsidiary companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Empire Consultants Private Limited | U74140WB2009PTC133174 | |
| Maa Kali Advisory Private Limited | U74990WB2007PTC116328 |
To see the full group structure of Parasnath Advisory Private Limited, buy the company report.
GST
No GST registration is on our record for Parasnath Advisory Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Parasnath Advisory Private Limited has 15 board changes on record since 2008: 2 appointments and 13 cessations. The latest: Biswarup Ghosh ceased to be Director on 21 Nov 2014.
6 earlier events are in the company report.
Frequently asked questions
Parasnath Advisory 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.
Parasnath Advisory was a private limited company based in Kolkata, West Bengal, India. The company worked in brokerage and trading services, within the financial services industry. It was incorporated on 08 March 2007 and is registered under CIN U74120WB2007PTC114002. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Parasnath Advisory was incorporated on 08 March 2007. It is registered with the Registrar of Companies, Kolkata.
Parasnath Advisory had 2 directors:
- Sunil Nangalia - Director
- Sanjoy Halder - Director
The CIN (Corporate Identification Number) of Parasnath Advisory is U74120WB2007PTC114002. 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 Parasnath Advisory is at Room No. 3F 3rd Floor Tobacco House 1 Old Court House Corner, Kolkata, West Bengal, India – 700001.
The latest financial statements of Parasnath Advisory on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
Parasnath Advisory operated in the financial services industry, in the brokerage and trading services segment.
Parasnath Advisory has 3 court cases on record: 3 filed by the company.
Biswarup Ghosh ceased to be Director on 21 Nov 2014. Sanjoy Halder was appointed as Director on 18 Nov 2014. Sushil Kumar Khaitan ceased to be Director on 08 Oct 2014. Parasnath Advisory has 15 board changes on record in total.
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