Suashish Capital Pvt Ltd
About Suashish Capital Pvt Ltd
Data last updated:
Suashish Capital Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 07 March 1996.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U67120WB1996PTC112002.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.56 Cr. It is led by directors Rajesh Chandra Birana and Ajay Agarwal.
Its last annual general meeting (AGM) was held on 29 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 235/2A A. J. C. Bose Road 3rd Floor, Kolkata, West Bengal, India – 700020.
As per the financials filed for FY 2021, the company reported a revenue of ₹15,300. For the same year it recorded a net loss of ₹10,798 (net margin -70.6%) and EBITDA of -₹10,785 (EBITDA margin -70.5%). Revenue has declined at a compounded annual rate (CAGR) of 8% over five years.
As per MCA filings, the company has open charges of ₹1,278.44 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 1 case is pending.
Company details
CIN history
Suashish Capital has one previous CIN (Corporate Identification Number): U67120DL1996PTC076897. The current CIN is U67120WB1996PTC112002, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120WB1996PTC112002 | Current |
| U67120DL1996PTC076897 | Previous |
Contact details
Suashish Capital Pvt Ltd's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered Address235/2A A. J. C. Bose Road 3rd Floor, Kolkata, West Bengal, India – 700020
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Suashish Capital Pvt 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
Financials of Suashish Capital Pvt Ltd
FY 2021 filings availableSuashish Capital Pvt Ltd reported revenue of ₹15,300 for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years. EBITDA rose 26% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹15,300 | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹10,785 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹10,798 | ||||
| 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -70.5% | ||||
| Net Profit Margin | -70.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Suashish Capital Pvt Ltd, buy the company report.
Board of directors of Suashish Capital Pvt Ltd
Suashish Capital has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Chandra Birana | Director | 06 Jan 2020 | 6 Years 10 Months | As last reported |
| Ajay Agarwal | Additional Director | 25 Jun 2020 | 6 Years 4 Months | As last reported |
Peer comparison
Suashish Capital Pvt Ltd is compared with the 10 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Murray Financial Services Private Limited | ₹15,858 (FY 2025) | -100.0% | Kolkata, West Bengal, India | |||
| Total Investments Private Limited | ₹15,820 (FY 2025) | -100.0% | Mumbai, Maharashtra, India | |||
| Joindre Finance Private Limited | ₹15,784 (FY 2023) | -99.0% | Mumbai, Maharashtra, India | |||
| Divya Mercantile Ltd. | ₹15,628 (FY 2024) | -99.0% | Kolkata, West Bengal, India | |||
| Mulkraj Tracom Pvt. Ltd. | ₹15,500 (FY 2021) | 7.0% | Uluberia, West Bengal, India | |||
| Suashish Capital Pvt Ltdthis company | ₹15,300 (FY 2021) | -₹10,798 | -70.6% | Kolkata, West Bengal, India | ||
| Mittal Overseas Private Limited | ₹15,290 (FY 2025) | -88.0% | Ajmer, Rajasthan, India | |||
| Netscope Dealcomm Pvt Ltd | ₹15,281 (FY 2022) | Kolkata, West Bengal, India | ||||
| Daga Mercantiles & Finance Pvt Ltd | ₹15,150 (FY 2022) | -5.0% | Howrah, West Bengal, India | |||
| Agarwal Trexim Pvt Ltd | ₹15,000 (FY 2022) | -17.0% | Kolkata, West Bengal, India | |||
| Topgrain Vyapaar Pvt.Ltd. | ₹14,950 (FY 2025) | 50.0% | North 24 Parganas, West Bengal, India |
To see the full peer comparison of Suashish Capital Pvt Ltd, buy the company report.
Auditor
Suashish Capital Pvt Ltd is audited by MAHATO PRABIR & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAHATO PRABIR & ASSOCIATES | FY 2021 | 325966E |
Shareholding
The shareholding of Suashish Capital Pvt Ltd is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Suashish Capital Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Mar 2017 | 100086860 | Indian Overseas Bank | ₹482.42 Cr | Open | |
| 12 Aug 2016 | 100051216 | Others | ₹544.69 Cr | Open | |
| 30 Jun 2016 | 100059573 | Others | ₹5.68 Cr | Open | |
| 03 Sep 2015 | 10591768 | State Bank of India | ₹245.65 Cr | Open |
To see the full charge records of Suashish Capital Pvt Ltd, buy the company report.
Total charge records: 4 View all charges
Legal cases
Suashish Capital Pvt Ltd has 4 court cases on record: 4 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Criminal case | Filed against the company by an individual | Pending |
| NCLT, Kolkata | Insolvency matter | Filed against the company by M/S High Rank Commercial Private Limited | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Suashish Capital Pvt 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 Suashish Capital Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Suashish Capital has 1 associated company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Suashish Capital Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Suashish Capital Pvt Ltd has 11 board changes on record since 2007: 2 appointments and 9 cessations. The latest: Ajay Agarwal was appointed as Additional Director on 25 Jun 2020.
7 earlier events are in the company report.
Frequently asked questions
Suashish Capital is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Suashish Capital is a company under liquidation, formerly operating as a private limited company based in Kolkata, West Bengal, India. The company works in nbfc, within the financial services industry. It was incorporated on 07 March 1996 and is registered under CIN U67120WB1996PTC112002. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Suashish Capital has 2 current directors:
- Rajesh Chandra Birana - Director
- Ajay Agarwal - Additional Director
The latest financial statements of Suashish Capital on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 29 November 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Suashish Capital is U67120WB1996PTC112002. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Suashish Capital has open charges of ₹1,278.44 Cr and no satisfied charges on record as per latest MCA filings.
Suashish Capital has 4 court cases on record: 4 filed against it. 1 is pending. Most are in the district courts.
Suashish Capital was incorporated on 07 March 1996. It is registered with the Registrar of Companies, Kolkata.
The peers of Suashish Capital by revenue are Murray Financial Services Private Limited, Total Investments Private Limited, Joindre Finance Private Limited, Divya Mercantile Ltd, Mulkraj Tracom Pvt. Ltd. and 5 more, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC).
Ajay Agarwal was appointed as Additional Director on 25 Jun 2020. Ramsankar Bisal ceased to be Additional Director on 25 Jun 2020. Ajay Agarwal ceased to be Additional Director on 06 Jan 2020. Suashish Capital has 11 board changes on record in total.
The registered office of Suashish Capital is at 2352A A. J. C. Bose Road 3rd Floor, Kolkata, West Bengal, India – 700020.
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