Bandhan Financial Services Limited

NBFC providing investments through subsidiary, registered with RBI and incorporated in 1995.

1995 | 24 Parganas, West Bengal (India) | Active
Last Updated: December 21, 2024

Bandhan Financial Services Profile

Key Indicators

  • Authorised Capital ₹ 150.00 Cr
  • Paid Up Capital ₹ 127.82 Cr
  • Company Age 29 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 275.00 Cr
  • Satisfied Charges ₹ 17,747.14 Cr
  • Revenue Growth -95.48%
  • Profit Growth -95.97%
  • Ebitda -95.56%
  • Net Worth 3.00%
  • Total Assets -5.20%

About Bandhan Financial Services

Bandhan Financial Services Limited (BFSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 03 August 1995 and has a history of 29 years and six months. Its registered office is in 24 Parganas, West Bengal, India.

The Corporate was formerly known as Ganga Niryat Pvt Ltd. 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 150.00 Cr and a paid-up capital of Rs 127.82 Cr.

The company currently has active open charges totaling ₹275.00 Cr. The company has closed loans amounting to ₹17,747.14 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Bandhan Financial Services Limited India are Amrit Daga as CFO and Biplab Mani as Company Secretary. Chandra Ghosh, Arvind Agrawal, Pankaj Sood, and Six other members serve as directors at the Company.

Company Details

  • Location

    24 Parganas, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    bandhanmf.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U70101WB1995PLC073339

  • Company No.

    073339

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 Aug 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Financial Services

What products or services does Bandhan Financial Services Limited offer?

Bandhan Financial Services Limited offers a wide range of products and services, including Banks and Banking Services, Banking Service.

Who are the key members and board of directors at Bandhan Financial Services?

Executive Team (3)

NameDesignationAppointment DateStatus
Arvind Agrawal Country flag representing In Managing Director08-Apr-2022Current
Amrit Daga Country flag representing In CFO09-Mar-2019Current
Biplab Mani Country flag representing In Company Secretary26-Nov-2020Current

Board Members (8)

NameDesignationAppointment DateStatus
Pankaj Sood Country flag representing In Nominee Director 08-May-2015Current
Hulya Kefeli Country flag representing Tr Nominee Director 26-Nov-2020Current
Chandra Ghosh Country flag representing In Whole-Time Director 10-Jul-2024Current
Arun Shrivastava Country flag representing In Director 21-Jun-2021Current
Arup Kumar Country flag representing In Nominee Director 30-Mar-2023Current
Arindam Banik Country flag representing In Director 03-Feb-2021Current

Financial Performance of Bandhan Financial Services.

Bandhan Financial Services Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 95.48% decrease. The company also saw a substantial fall in profitability, with a 95.97% decrease in profit. The company's net worth moved up by a moderate rise of 3%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-95.48%
Revenue from Operations
-95.48%
Total Assets
-5.20%
Profit or Loss
-95.97%
Net Worth
3.00%
EBITDA
-95.56%

What is the Ownership and Shareholding Structure of Bandhan Financial Services?

In 2022, Bandhan Financial Services had a promoter holding of 40.73% and a public holding of 59.27%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹275.00 Cr

Satisfied Charges

₹17,747.14 Cr

Charges Breakdown by Lending Institutions

  • Allahabad Bank : 250.00 Cr
  • Corporation Bank : 25.00 Cr

Latest Charge Details

DateLenderAmountStatus
30 Sep 2014Corporation Bank₹25.00 CrOpen
23 Sep 2014Allahabad Bank₹100.00 CrOpen
30 Sep 2013Allahabad Bank₹150.00 CrOpen
18 Aug 2015State Bank Of India₹500.00 CrSatisfied
14 Aug 2015Indian Overseas Bank₹150.00 CrSatisfied

How Many Employees Work at Bandhan Financial Services?

Bandhan Financial Services has a workforce of 4 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bandhan Financial Services, 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 Bandhan Financial Services's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Bandhan Financial Services

Recent activity within the organization

  • Annual General Meeting

    Bandhan Financial Services Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Chandra Shekhar Ghosh was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 10 Jul 2024 & has been associated with this company since 7 months 14 days .

    10 Jul 2024

  • Balance Sheet

    Bandhan Financial Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Director Appointment

    Arup Kumar was appointed as a Nominee Director was appointed as a Nominee Director on 30 Mar 2023 & has been associated with this company since 1 year 10 months .

    30 Mar 2023

  • Director Appointment

    Arvind Agrawal was appointed as a Managing Director was appointed as a Managing Director on 08 Apr 2022 & has been associated with this company since 2 years 10 months .

    08 Apr 2022

  • Charges

    A charge registered on 22 Mar 2010 via Charge ID 10218164 with National Bank For Agriculture And Rural Development was fully satisfied on 28 Mar 2022.

    28 Mar 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Bandhan Financial Services Limited was incorporated on 03 Aug 1995.

  • The authorized share capital of Bandhan Financial Services Limited is ₹ 150.00 Cr and paid-up capital is ₹ 127.82 Cr.

  • Currently 11 directors are associated with Bandhan Financial Services Limited.

    • Chandra Shekhar Ghosh
    • Arvind Agrawal
    • Pankaj Sood
    • Arun Shrivastava
    • Arup Kumar
    • Hulya Kefeli
    • Arindam Banik
    • Subrata Mandal
    • Amit Kumar Hazra
    • Amrit Daga
    • Biplab Kumar Mani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bandhan Financial Services Limited is Dn-32 Sector-V, Salt Lake City India, Kolkata, West Bengal, 700091.

  • The corporate identification number (CIN) of Bandhan Financial Services Limited is U70101WB1995PLC073339 and the company number is 073339 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bandhan Financial Services Limited is https://www.bandhanmf.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Bandhan Financial Services Limited has fallen by -95.48%.

  • As Per 2022 financial reports, 4 employees are currently employed by Bandhan Financial Services Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Bandhan Financial Services Limited has experienced an upsurge of 3.00%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Bandhan Financial Services Limited amount to ₹ 275.00 Cr.

  • The most recent Balance Sheet for Bandhan Financial Services Limited was filed with the ROC on 31 Mar 2024.

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