V B Desai Financial Services Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 4.53 Cr
- Company Age 39 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.00 M
- Satisfied Charges ₹ 1.00 Cr
- Revenue Growth -1.52%
- Profit Growth -13.59%
- Ebitda -50.37%
- Net Worth 2.89%
- Total Assets 2.47%
About V B Desai Financial Services
V B Desai Financial Services Ltd (VBDFSL) is a Public Limited Indian Non-Government Company incorporated in India on 21 August 1985 and has a history of 39 years and seven months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 511110.
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 4.53 Cr.
The company currently has active open charges totaling ₹5.00 M. The company has closed loans amounting to ₹1.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at V B Desai Financial Services Ltd India are Kamlesh Gagavani as Company Secretary, Kamlesh Gagavani as Company Secretary, and Shashank Vijayakar as Cfo. Sanjay Kapadia, Nilesh Doshi, Jitendra Shroff, and Five other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L74120MH1985PLC037218
- Company No.
037218
- Stock Symbol
BSE : 511110
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
21 Aug 1985
- Date of AGM
13 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Financial Services
What products or services does V B Desai Financial Services Ltd offer?
V B Desai Financial Services Ltd offers a wide range of products and services, including Branding & Advertising Agencies, Advertising Service, Corporate Finance & Leasing Advisors, Financial Service, Valuation Services, Business Valuation Services, Banks and Banking Services, Investment Banks, Finance Consultant.
V B Desai Financial Services Ltd
Explore comprehensive data for V B Desai Financial Services Ltd, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at V B Desai Financial Services?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kamlesh Gagavani  | Company Secretary | 23-Mar-2016 | Current |
| Kamlesh Gagavani | Company Secretary | 23-Mar-2016 | Current |
| Shashank Vijayakar | CFO | 13-Nov-2018 | Current |
| Pradip Shroff | Managing Director | 28-Jun-2008 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jitendra Shroff | Director | 20-May-2022 | Current |
| Sanjay Kapadia | Director | 20-May-2022 | Current |
| Nilesh Doshi | Director | 23-Apr-2019 | Current |
| Hemendra Shroff | Director | 07-May-2014 | Current |
| Rachana Vijayakar | Director | 30-May-2014 | Current |
| Sagar Yadav | Director | 25-Jul-2024 | Current |
Financial Performance of V B Desai Financial Services.
V B Desai Financial Services Ltd, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.52% decrease. The company also saw a substantial fall in profitability, with a 13.59% decrease in profit. The company's net worth moved up by a moderate rise of 2.89%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of V B Desai Financial Services?
In 2023, V B Desai Financial Services had a promoter holding of 42.27% and a public holding of 57.74%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Motherpod Innovations Private LimitedSanjay Kapadia is a mutual person
Vbd Capital Advisors Private LimitedHemendra Shroff is a mutual person
Binani Industries LimitedManoj Shroff is a mutual person
Aarayaa Advisory Services Private LimitedHemendra Shroff is a mutual person
- Desai Investments Pvt Ltd
Hemendra Shroff is a mutual person
Charges (Loans)
Open Charges
₹0.50 Cr
Satisfied Charges
₹1.00 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 0.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Feb 1989 | Canara Bank | ₹5.00 M | Open |
| 02 May 1989 | Allahabad Bank | ₹1.00 Cr | Satisfied |
How Many Employees Work at V B Desai Financial Services?
Unlock and access historical data on people associated with V B Desai Financial Services, 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 V B Desai 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 V B Desai Financial Services'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.
Latest Updates, News, and FAQs on V B Desai Financial Services
Recent activity within the organization
- Annual General Meeting
V B Desai Financial Services Ltd last Annual general meeting of members was held on 13 Sep 2024 as per latest MCA records.
- Director Appointment
Sagar Yadav was appointed as a Director was appointed as a Director on 25 Jul 2024 & has been associated with this company since 8 months 19 days .
- Balance Sheet
V B Desai Financial Services Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Sanjay Natvarlal Kapadia was appointed as a Director was appointed as a Director on 20 May 2022 & has been associated with this company since 2 years 10 months .
- Director Appointment
Jitendra Ratilal Shroff was appointed as a Director was appointed as a Director on 20 May 2022 & has been associated with this company since 2 years 10 months .
- Director Appointment
Nilesh Ramanlal Doshi was appointed as a Director was appointed as a Director on 23 Apr 2019 & has been associated with this company since 5 years 11 months .
Frequently asked questions
What is the Incorporation or founding date of V B Desai Financial Services Ltd?
V B Desai Financial Services Ltd was incorporated on 21 Aug 1985.
What is authorized share capital and paid-up capital of V B Desai Financial Services Ltd?
The authorized share capital of V B Desai Financial Services Ltd is ₹ 5.00 Cr and paid-up capital is ₹ 4.53 Cr.
Who are the current board members & directors of V B Desai Financial Services Ltd?
Currently 11 directors are associated with V B Desai Financial Services Ltd.
- Sanjay Natvarlal Kapadia
- Nilesh Ramanlal Doshi
- Jitendra Ratilal Shroff
- Hemendra Jitendra Shroff
- Rachana Shashank Vijayakar
- Sagar Yadav
- Kamlesh M Gagavani
- Kamlesh Manubhai Gagavani
- Shashank Shripad Vijayakar
- Manoj Thakorlal Shroff
- Pradip Ratilal Shroff
What is the registered address of V B Desai Financial Services Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of V B Desai Financial Services Ltd is Cama Building 1St Floor24/26 Dalal Street, India, Mumbai, Maharashtra, 400001.
What is the corporate identification number (CIN) and company number of V B Desai Financial Services Ltd?
The corporate identification number (CIN) of V B Desai Financial Services Ltd is L74120MH1985PLC037218 and the company number is 037218 as per Ministry of Corporate Affairs (MCA).
Is V B Desai Financial Services Ltd registered with any stock exchange in India?
Yes, V B Desai Financial Services Ltd is registered on Bombay Stock Exchange (BSE).
What is the official website of V B Desai Financial Services Ltd?
The Official website of V B Desai Financial Services Ltd is https://www.vbdesai.com
What has been the recent revenue trend for V B Desai Financial Services Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for V B Desai Financial Services Ltd has fallen by -1.52%.
What change has been observed in the net worth of V B Desai Financial Services Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of V B Desai Financial Services Ltd has experienced an upsurge of 2.89%.
What are the total open charges for V B Desai Financial Services Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for V B Desai Financial Services Ltd amount to ₹ 5.00 M.
When was the last Balance Sheet of V B Desai Financial Services Ltd filed with the ROC?
The most recent Balance Sheet for V B Desai Financial Services Ltd was filed with the ROC on 31 Mar 2024.
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