Bang Securities Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
as on 18-07-2024
- Paid Up Capital ₹ 9.40 M
as on 18-07-2024
- Company Age 30 Year, 13 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 16.00 Cr
as on 18-07-2024
- Revenue -60.06%
(FY 2023)
- Profit -62.02%
(FY 2023)
- Ebitda -61.82%
(FY 2023)
- Net Worth 2.24%
(FY 2023)
- Total Assets 3.81%
(FY 2023)
About Bang Securities
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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 9.40 M.
The company currently has active open charges totaling ₹16.00 Cr.
Kishore Bang and Dilip Mishrilal serve as directors at the Company.
- CIN/LLPIN
U65990MH1994PTC084038
- Company No.
084038
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Dec 1994
- Date of AGM
25 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- 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 Bang Securities?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kishore Bang  | Director | 01-Aug-2002 | Current |
| Dilip Mishrilal | Director | 23-Dec-1994 | Current |
Financial Performance of Bang Securities.
Bang Securities Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 60.06% decrease. The company also saw a substantial fall in profitability, with a 62.02% decrease in profit. The company's net worth moved up by a moderate rise of 2.24%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Bang Securities?
In 2023, Bang Securities had a promoter holding of 58.04% and a public holding of 41.96%. The company had 6 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Bang Equity Broking Private LimitedActive 27 years 3 monthsKishore Bang and Dilip Mishrilal are mutual person
- Nirmal Bang Insurance Broking Private LimitedActive 23 years 2 months
Kishore Bang is a mutual person
- Nirmal Bang Niveshalaya Private LimitedActive 8 years 8 months
Kishore Bang and Dilip Mishrilal are mutual person
- Nirmal Bang Securities Private LimitedActive 27 years 3 months
Kishore Bang and Dilip Mishrilal are mutual person
Mindset Securities Private LimitedActive 24 years 6 monthsKishore Bang and Dilip Mishrilal are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 29 Sep 2022 | ₹16.00 Cr | Open |
How Many Employees Work at Bang Securities?
Unlock and access historical data on people associated with Bang Securities, 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 Bang Securities, 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 Bang Securities'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.
