Bansal Credits Limited

NBFC providing three-wheeler financing through dealers, brokers, and branches in multiple states.

1988 | Delhi (India) | Active
Last Updated:

Bansal Credits Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.72 Cr
  • Company Age 36 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 182.54 Cr
  • Satisfied Charges ₹ 326.03 Cr
  • Revenue Growth 8.89%
  • Profit Growth 14.43%
  • Ebitda 2.16%
  • Net Worth 6.21%
  • Total Assets 7.52%

About Bansal Credits

Bansal Credits Limited (BCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 25 April 1988 and has a history of 36 years and ten months. Its registered office is in Delhi, India.

The Corporate was formerly known as Bansal Credits Private 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 5.00 Cr and a paid-up capital of Rs 4.72 Cr.

The company currently has active open charges totaling ₹182.54 Cr. The company has closed loans amounting to ₹326.03 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kanwal Aggarwal, Veena Aggarwal, Hari Gupta, and Three other members serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65993DL1988PLC031421

  • Company No.

    031421

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 Apr 1988

  • Date of AGM

    29 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Financial Services
Company report

Bansal Credits Limited

Explore comprehensive data for Bansal Credits Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Bansal Credits?

Executive Team (1)

NameDesignationAppointment DateStatus
Kanwal Aggarwal Country flag representing In Managing Director25-Apr-1988Current

Board Members (5)

NameDesignationAppointment DateStatus
Veena Aggarwal Country flag representing In Whole-Time Director 25-Apr-1988Current
Hari Gupta Country flag representing In Director 08-Jan-1997Current
Vipan Aggarwal Country flag representing In Director 13-Apr-2015Current
Jeewan Aggarwal Country flag representing In Director 08-Jan-1997Current
Abhishek Jain Country flag representing In Director 18-Jun-2024Current

Financial Performance of Bansal Credits.

Bansal Credits Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.89% increase. The company also saw a substantial improvement in profitability, with a 14.43% increase in profit. The company's net worth moved up by a moderate rise of 6.21%.

Bansal Credits revenue growth over time
Bansal Credits 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
8.89%
Revenue from Operations
9.12%
Total Assets
7.52%
Profit or Loss
14.43%
Net Worth
6.21%
EBITDA
2.16%

What is the Ownership and Shareholding Structure of Bansal Credits?

In 2023, Bansal Credits had a promoter holding of 76.65% and a public holding of 23.35%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹182.54 Cr

Satisfied Charges

₹326.03 Cr

Charges Breakdown by Lending Institutions

  • Others : 124.99 Cr
  • State Bank Of India : 43.38 Cr
  • Idbi Trusteeship Services Limited : 9.15 Cr
  • Tata Capital Financial Services Limited : 3.50 Cr
  • Lord Krishna Bank : 1.00 Cr
  • Others : 0.51 Cr

Latest Charge Details

DateLenderAmountStatus
20 Sep 2024Others₹5.00 CrOpen
12 Sep 2024Others₹2.61 MOpen
12 Sep 2024Others₹3.25 MOpen
22 Aug 2024Others₹7.75 MOpen
22 Aug 2024Others₹3.48 MOpen

How Many Employees Work at Bansal Credits?

Bansal Credits has a workforce of 116 employees as of Apr 06, 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.

Employee growth trends for Bansal Credits Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bansal Credits, 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 Bansal Credits'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 Bansal Credits

Recent activity within the organization

  • Charges

    A charge registered on 22 Sep 2021 via Charge ID 100484440 with Others was fully satisfied on 27 Sep 2024.

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100980190 was registered on 20 Sep 2024.

  • Charges

    A charge with Others amounted to Rs. 0.26 Cr with Charge ID 100977536 was registered on 12 Sep 2024.

  • Charges

    A charge with Others amounted to Rs. 0.33 Cr with Charge ID 100977538 was registered on 12 Sep 2024.

  • Charges

    A charge with Others of Rs. 10.00 Cr registered on 25 Apr 2023 with Charge ID 100718606 was modified on 31 Aug 2024.

  • Charges

    A charge with Others amounted to Rs. 0.78 Cr with Charge ID 100964516 was registered on 22 Aug 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Bansal Credits Limited?

    Bansal Credits Limited was incorporated on 25 Apr 1988.

  • What is authorized share capital and paid-up capital of Bansal Credits Limited?

    The authorized share capital of Bansal Credits Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.72 Cr.

  • Who are the current board members & directors of Bansal Credits Limited?

    Currently 6 directors are associated with Bansal Credits Limited.

    • Kanwal Aggarwal
    • Veena Aggarwal
    • Hari Ram Gupta
    • Vipan Kumar Aggarwal
    • Jeewan Aggarwal
    • Abhishek Jain

  • What is the registered address of Bansal Credits Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Bansal Credits Limited is 1 Ansari Road Above Allahabad Bank Daryaganj India, Delhi, 110002.

  • What is the corporate identification number (CIN) and company number of Bansal Credits Limited?

    The corporate identification number (CIN) of Bansal Credits Limited is U65993DL1988PLC031421 and the company number is 031421 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Bansal Credits Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Bansal Credits Limited has risen by 8.89%.

  • How many employees does Bansal Credits Limited currently have?

    As Per 2023 financial reports, 116 employees are currently employed by Bansal Credits Limited.

  • What change has been observed in the net worth of Bansal Credits Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Bansal Credits Limited has experienced an upsurge of 6.21%.

  • What are the total open charges for Bansal Credits Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Bansal Credits Limited amount to ₹ 182.54 Cr.

  • When was the last Balance Sheet of Bansal Credits Limited filed with the ROC?

    The most recent Balance Sheet for Bansal Credits Limited was filed with the ROC on 31 Mar 2024.

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