Bengal & Assam Company Limited

Investment holding company for JK group, registered with RBI, does not engage in lending.

1947 | Kolkata, West Bengal (India) | Active
Last Updated:

Bengal & Assam Company Profile

Key Indicators

  • Authorised Capital ₹ 374.55 Cr
  • Paid Up Capital ₹ 76.30 Cr
  • Company Age 78 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 868.00 Cr
  • Revenue Growth 56.98%
  • Profit Growth 98.86%
  • Ebitda 59.57%
  • Net Worth 11.88%
  • Total Assets 1.23%

About Bengal & Assam Company

Bengal & Assam Company Limited (BACL) was founded in India on 30 January 1947 and has a glorious history of 78 years and two months. Its registered office is in Kolkata, West Bengal, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 533095.

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 374.55 Cr and a paid-up capital of Rs 76.30 Cr.

The company has closed loans amounting to ₹868.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Bengal & Assam Company Limited India are Diilip Swain as COMPANY SECRETARY and Upendra Gupta as Cfo. Raghupati Singhania, Bharat Singhania, Ashok Kinra, and Six other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L67120WB1947PLC221402

  • Company No.

    221402

  • Stock Symbol

    BSE : 533095

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Jan 1947

  • Date of AGM

    19 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Kolkata

Industry

Financial Services

Who are the key members and board of directors at Bengal & Assam Company?

Executive Team (2)

NameDesignationAppointment DateStatus
Diilip Swain Country flag representing In Company Secretary24-Nov-2008Current
Upendra Gupta Country flag representing In CFO02-Apr-2014Current

Board Members (9)

NameDesignationAppointment DateStatus
Kalpataru Tripathy Country flag representing In Additional Director 05-Sep-2024Current
Deepa Wadhwa Country flag representing In Director 28-Mar-2020Current
Raghupati Singhania Country flag representing In Director 02-Feb-2009Current
Bharat Singhania Country flag representing In Director 02-Feb-2009Current
Ashok Kinra Country flag representing In Director 13-Jun-2013Current
Sanjay Khaitan Country flag representing In Director 25-Jan-2016Current

Financial Performance of Bengal & Assam Company.

Bengal & Assam Company Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 56.98% increase. The company also saw a substantial improvement in profitability, with a 98.86% increase in profit. The company's net worth Soared by an impressive increase of 11.88%.

Bengal & Assam Company revenue growth over time
Bengal & Assam Company 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
56.98%
Revenue from Operations
40.03%
Total Assets
1.23%
Profit or Loss
98.86%
Net Worth
11.88%
EBITDA
59.57%

What is the Ownership and Shareholding Structure of Bengal & Assam Company?

In 2022, Bengal & Assam Company had a promoter holding of 72.66% and a public holding of 27.35%. The company had 12 Subsidiaries and 12 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹868.00 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 525.00 Cr
  • Housing Development Finance Corporation Limited : 185.00 Cr
  • Indian Overseas Bank : 60.00 Cr
  • Others : 50.00 Cr
  • Corporation Bank Corporate Banking Branch : 40.00 Cr
  • Others : 8.00 Cr

Latest Charge Details

DateLenderAmountStatus
28 Mar 2019Idbi Trusteeship Services Limited₹175.00 CrSatisfied
28 Mar 2019Idbi Trusteeship Services Limited₹175.00 CrSatisfied
28 Mar 2019Idbi Trusteeship Services Limited₹175.00 CrSatisfied
29 Sep 2015Others₹50.00 CrSatisfied
13 Oct 2014Corporation Bank Corporate Banking Branch₹40.00 CrSatisfied

How Many Employees Work at Bengal & Assam Company?

Bengal & Assam Company has a workforce of 6 employees as of Apr 04, 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 Bengal & Assam Company Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bengal & Assam Company, 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 Bengal & Assam Company'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 Bengal & Assam Company

Recent activity within the organization

  • Annual General Meeting

    Bengal & Assam Company Limited last Annual general meeting of members was held on 19 Sep 2024 as per latest MCA records.

  • Director Appointment

    Kalpataru Tripathy was appointed as a Additional Director was appointed as a Additional Director on 05 Sep 2024 & has been associated with this company since 6 months 25 days .

  • Balance Sheet

    Bengal & Assam Company Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

  • Charges

    A charge registered on 29 Sep 2015 via Charge ID 10597635 with Others was fully satisfied on 02 Aug 2021.

  • Charges

    A charge registered on 13 Oct 2014 via Charge ID 10528896 with Corporation Bank Corporate Banking Branch was fully satisfied on 02 Aug 2021.

  • Director Appointment

    Deepa Gopalan Wadhwa was appointed as a Director was appointed as a Director on 28 Mar 2020 & has been associated with this company since 5 years 2 days .

Frequently asked questions

  • What is the Incorporation or founding date of Bengal & Assam Company Limited?

    Bengal & Assam Company Limited was incorporated on 30 Jan 1947.

  • What is authorized share capital and paid-up capital of Bengal & Assam Company Limited?

    The authorized share capital of Bengal & Assam Company Limited is ₹ 374.55 Cr and paid-up capital is ₹ 76.30 Cr.

  • Who are the current board members & directors of Bengal & Assam Company Limited?

    Currently 11 directors are associated with Bengal & Assam Company Limited.

    • Raghupati Singhania
    • Bharat Hari Singhania
    • Ashok Kumar Kinra
    • Sanjay Kumar Khaitan
    • Kalpataru Tripathy
    • Deepa Gopalan Wadhwa
    • Diilip Swain
    • Upendra Kumar Gupta
    • Bakul Premchand Jain
    • Sanjeev Kumar Jhunjhunwala
    • Vinita Singhania

  • What is the registered address of Bengal & Assam Company Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Bengal & Assam Company Limited is 7, Council House Street India, Kolkata, West Bengal, 700001.

  • What is the corporate identification number (CIN) and company number of Bengal & Assam Company Limited?

    The corporate identification number (CIN) of Bengal & Assam Company Limited is L67120WB1947PLC221402 and the company number is 221402 as per Ministry of Corporate Affairs (MCA).

  • Is Bengal & Assam Company Limited registered with any stock exchange in India?

    Yes, Bengal & Assam Company Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Bengal & Assam Company Limited?

    The Official website of Bengal & Assam Company Limited is https://www.bengalassam.com

  • What has been the recent revenue trend for Bengal & Assam Company Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Bengal & Assam Company Limited has risen by 56.98%.

  • How many employees does Bengal & Assam Company Limited currently have?

    As Per 2023 financial reports, 6 employees are currently employed by Bengal & Assam Company Limited.

  • What change has been observed in the net worth of Bengal & Assam Company Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Bengal & Assam Company Limited has experienced an upsurge of 11.88%.

  • When was the last Balance Sheet of Bengal & Assam Company Limited filed with the ROC?

    The most recent Balance Sheet for Bengal & Assam Company Limited was filed with the ROC on 31 Mar 2024.

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