Virtuous Securities and Broking Private Limited
About Virtuous Securities and Broking Private Limited
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Virtuous Securities and Broking Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Virtuous Finance Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 23 January 1995.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH1995PTC084851.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹62.22 Lakh. It was led by directors including Ashok Indulal Bhuta and Dineshkumar Ramniklal Desai.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 4th Floor The Eagle'S Flight Suren Road Off Andheri – Kurla Rd Andheri (East), Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2017, the company reported a revenue of ₹13,834, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹1.61 Lakh and EBITDA of -₹1.56 Lakh.
Company details
CIN history
Virtuous Securities and Broking has one previous CIN (Corporate Identification Number): U67120MH1995PLC084851. The current CIN is U67120MH1995PTC084851, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120MH1995PTC084851 | Current |
| U67120MH1995PLC084851 | Previous |
Contact details
Virtuous Securities and Broking Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address4th Floor The Eagle'S Flight Suren Road Off Andheri – Kurla Rd Andheri (East), Mumbai, Maharashtra, India – 400093
- IndustryFinancial Services, NBFC
To see the full contact details of Virtuous Securities and Broking 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 Virtuous Securities and Broking is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Virtuous Securities and Broking Private Limited, buy the company report.
Financials of Virtuous Securities and Broking Private Limited
FY 2017 filings availableVirtuous Securities and Broking Private Limited reported revenue of ₹13,834 (down 98% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 98% in the latest year. EBITDA fell 133% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹13,834 | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹1.56 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1.61 Lakh | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | |||
| Net Profit Margin | |||
| 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 Virtuous Securities and Broking Private Limited, buy the company report.
Board of directors of Virtuous Securities and Broking Private Limited
Virtuous Securities and Broking has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Indulal Bhuta Also directs: Asawari Petro Services LLP, Sidmak Laboratories (India) Private Limited, Sanghvi Properties Pvt Ltd and 5 more | Director | 14 Aug 2006 | 20 Years 2 Months | As last reported |
| Dineshkumar Ramniklal Desai | Director | 11 Mar 1999 | 27 Years 7 Months | As last reported |
| Mangesh Ramakant Tahmane | Director | 27 May 2016 | 10 Years 5 Months | As last reported |
Auditor
Virtuous Securities and Broking Private Limited is audited by H. C. Timbadia & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H. C. Timbadia & Co. | FY 2017 | 110997W |
Shareholding
The shareholding of Virtuous Securities and Broking 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 Virtuous Securities and Broking Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Virtuous Securities and Broking Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Virtuous Securities and Broking Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Virtuous Securities and Broking Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Virtuous Securities and Broking Private Limited has 5 board changes on record since 1999: 3 appointments and 2 cessations. The latest: Mangesh Ramakant Tahmane ceased to be Additional Director on 26 Sep 2016.
Frequently asked questions
Virtuous Securities and Broking 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.
Virtuous Securities and Broking was a private limited company based in Mumbai, Maharashtra, India. The company worked in nbfc, within the financial services industry. It was incorporated on 23 January 1995 and is registered under CIN U67120MH1995PTC084851. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Virtuous Securities and Broking was incorporated on 23 January 1995. It is registered with the Registrar of Companies, Mumbai.
Virtuous Securities and Broking had 3 directors:
- Ashok Indulal Bhuta - Director
- Dineshkumar Ramniklal Desai - Director
- Mangesh Ramakant Tahmane - Director
The CIN (Corporate Identification Number) of Virtuous Securities and Broking is U67120MH1995PTC084851. 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 Virtuous Securities and Broking is at 4th Floor The EagleS Flight Suren Road Off Andheri – Kurla Rd Andheri East, Mumbai, Maharashtra, India – 400093.
The latest financial statements of Virtuous Securities and Broking on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
Virtuous Securities and Broking operated in the financial services industry, in the nbfc segment.
Mangesh Ramakant Tahmane ceased to be Additional Director on 26 Sep 2016. Azadar Husain Asghar Mehdi Khan ceased to be Director on 13 Jun 2016. Mangesh Ramakant Tahmane was appointed as Director on 27 May 2016. Virtuous Securities and Broking has 5 board changes on record in total.
Virtuous Securities and Broking can be reached at its registered office: 4th Floor The EagleS Flight Suren Road Off Andheri – Kurla Rd Andheri East, Mumbai, Maharashtra, India – 400093.