Bansal Credits Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 4.72 Cr
- Company Age 36 Year, 9 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 nine 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
Who are the key members and board of directors at Bansal Credits?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kanwal Aggarwal  | Managing Director | 25-Apr-1988 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Veena Aggarwal | Whole-Time Director | 25-Apr-1988 | Current |
| Hari Gupta | Director | 08-Jan-1997 | Current |
| Vipan Aggarwal | Director | 13-Apr-2015 | Current |
| Jeewan Aggarwal | Director | 08-Jan-1997 | Current |
| Abhishek Jain | Director | 18-Jun-2024 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
V.N. Credits LimitedVipan Aggarwal is a mutual person
- Eminent Support Services Private Limited
Jeewan Aggarwal is a mutual person
- Mbi Exports Private Limited
Abhishek Jain is a mutual person
- Mbi Retail Private Limited
Abhishek Jain is a mutual person
- Mbi Digital Private Limited
Abhishek Jain is a mutual person
Charges (Loans)
₹182.54 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Sep 2024 | Others | ₹5.00 Cr | Open |
| 12 Sep 2024 | Others | ₹2.61 M | Open |
| 12 Sep 2024 | Others | ₹3.25 M | Open |
| 22 Aug 2024 | Others | ₹7.75 M | Open |
| 22 Aug 2024 | Others | ₹3.48 M | Open |
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.
Deals i
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
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.
