Banas Finance Profile
Key Indicators
- Authorised Capital ₹ 103.30 Cr
as on 16-11-2024
- Paid Up Capital ₹ 89.58 Cr
as on 16-11-2024
- Company Age 41 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Revenue -79.32%
(FY 2023)
- Profit -178.95%
(FY 2023)
- Ebitda -208.54%
(FY 2023)
- Net Worth -6.16%
(FY 2023)
- Total Assets -15.77%
(FY 2023)
About Banas Finance
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 509053.
The Corporate was formerly known as Pioneer Leasing Company Limited. The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 103.30 Cr and a paid-up capital of Rs 89.58 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Banas Finance Ltd India are Tanu Agarwal as Ceo, Prajna Naik as Company Secretary, and Amit Mehta as Cfo. Girraj Agrawal, Tanu Agarwal, Chirag Goyal, and Three other members serve as directors at the Company.
- CIN/LLPIN
L65910MH1983PLC030142
- Company No.
030142
- Stock Symbol
BSE : 509053
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
06 Jun 1983
- Date of AGM
27 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Banas Finance?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Tanu Agarwal | CEO | 07-Mar-2024 | Current |
Prajna Naik  | Company Secretary | 15-Apr-2019 | Current |
| Amit Mehta | CFO | 12-Jun-2024 | Current |
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vikash Kulhriya | Director | 31-Dec-2020 | Current |
| Chirag Goyal | Director | 31-Dec-2020 | Current |
| Girraj Agrawal | Director | 02-Jun-2010 | Current |
| Anant Chourasia | Director | 12-Jul-2024 | Current |
| Ashish Kachhara | Director | 29-Aug-2022 | Current |
Financial Performance and Corporate Structure Insights of Banas Finance.
Banas Finance Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 79.32% decrease. The company also saw a substantial fall in profitability, with a 178.95% decrease in profit. The company's net worth dipped by a decrease of 6.16%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Banas Finance?
In 2022, Banas Finance had a promoter holding of 13.26% and a public holding of 86.73%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Tilak Ventures LimitedActive 44 years 4 monthsGirraj Agrawal, Tanu Agarwal and 3 more are mutual person
- Handful Investrade Private LimitedActive 29 years 2 months
Girraj Agrawal and Tanu Agarwal are mutual person
- Imagine Entertainment And Media Private LimitedActive 16 years 9 months
Girraj Agrawal is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Banas Finance?
Unlock and access historical data on people associated with Banas Finance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Banas Finance, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Banas Finance's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
