V B Desai Financial Services Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 4.53 Cr
- Company Age 39 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- 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 six 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 2023. 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, Shashank Vijayakar as Cfo, and Kamlesh Gagavani as Company Secretary. Samir Dedhia, Rachana Vijayakar, Hemendra 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
07 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
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.
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 |
| Shashank Vijayakar | CFO | 13-Nov-2018 | Current |
| Pradip Shroff | Managing Director | 28-Jun-2008 | Current |
| Kamlesh Gagavani | Company Secretary | 23-Mar-2016 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jitendra Shroff | Director | 20-May-2022 | Current |
| Samir Dedhia | Director | 30-May-2014 | Current |
| Rachana Vijayakar | Director | 30-May-2014 | Current |
| Hemendra Shroff | Additional Director | 07-May-2014 | Current |
| Nilesh Doshi | Director | 23-Apr-2019 | Current |
| Sanjay Kapadia | Director | 20-May-2022 | 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
| Metrics |
| (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 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)
Jetfleet Private LimitedNilesh Doshi is a mutual person
Motherpod Innovations Private LimitedSanjay Kapadia is a mutual person
Garware Hi-Tech Films LimitedNilesh Doshi 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
Charges (Loans)
₹0.50 Cr
₹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.
