PROFILE AND BRIEF HISTORY OF THE COMPANY
The Company was incorporated with the name "B. P. Capital Limited" and the Certificate of Incorporation was granted by the Registrar of Companies, NCT of Delhi & Haryana on 24.02.1994 vide registration No. 55-57572. The Company obtained its certificate for commencement of Business from the Registrar of Companies, NCT of Delhi & Haryana on 22.03.1994. At present, the CIN No. of the Company is L74899HR1994PLC072042.
As per the Memorandum of Association of the Company, the main objects of
the Company are:
• to carry on the business of merchant banking in all its aspects and to
act as managers to the issues and offer whether by way of public offer or
otherwise of shares, debenture, bonds, units, participation certificates,
deposit certificates, notes bills, warrants or any other instruments whether
or not transferable or negotiable or otherwise commercial paper or scripts
and
• to act as agent of and/or dealers, brokers, in the securities and or foreign
exchange securities/currency in the course of merchant banking managers,
lead managers, co managers, advisors and counsellors in investment and stand
by or procurement arrangement.
B. P. Capital Limited was incorporated to carry in the business of Non Banking Financial Company (NBFC). The Company obtained its Certificate of Registration from RBI to carry on the business of non-banking financial institution on 03rd March, 1998. The Registration no. of the Company with RBI was 14.00145. The Company was carrying on NBFC's activities. The main business of the company was to make both long term and short term investment in quoted as well as unquoted shares.
The company had surrendered its Certificate of Registration with Reserve Bank of India (RBI) to discontinue its activities as Non Banking Finance Company, and got the approval for the same vide RBI’s order dated 06th October, 2016. Thereafter, the company was in the process of merger with Diamond Footcare Udyog Pvt. Ltd. The Management of both the companies had decided to implement the plan of merger of the companies and transfer the Footwear business of Diamond Footcare Udyog Pvt. Ltd. to B. P. Capital Ltd, as a going concern along with its brand and goodwill. However, the Transferor Company, i.e., Diamond Footcare Udyog Private Limited had filed an application for withdrawal of the Scheme of merger between Diamond Footcare Udyog Private Limited and B. P. Capital Limited and the same had been allowed by the Hon'ble NCLT, Chandigarh Bench vide its order dated August 28, 2019 and the merger petition was dismissed as withdrawn.
The management of the company is now exploring the possibilities of starting a new business and is putting necessary efforts in this respect so that the operations of the company can be started again. The management firmly believes that the company would be able to restart its business operations and is of the opinion that the new deals would be finalized soon.
At present, M/s Symbolic Inframart Private Limited is the sole promoter of B. P. Capital Limited. The present Authorised Share capital is Rs. 15,00,00,000/- divided into 1,50,00,000 equity shares of Rs. 10/- each and the present paid up capital of the company is Rs. 6,01,18,000/- divided into 60,11,800 equity shares of Rs. 10/- each.
Presently the equity shares of B. P. Capital Limited are listed with Bombay
Stock Exchange Limited (BSE) and Calcutta Stock Exchange Limited (CSE).