Balancehero India Profile
Key Indicators
- Authorised Capital ₹ 223.00 Cr
- Paid Up Capital ₹ 215.45 Cr
- Company Age 8 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth 39.78%
- Profit Growth 893.05%
- Ebitda 821.55%
- Net Worth 44.16%
- Total Assets 49.79%
About Balancehero India
Balancehero India Private Limited (BIPL) is a Private Limited Foreign Company Incorporated In India incorporated in India on 28 April 2016 (Eight years and 11 months 2 days old ). Its registered office is in Gurugram, Haryana, India.
The Company is engaged in the Internet 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 223.00 Cr and a paid-up capital of Rs 215.45 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Balancehero India Private Limited India are Vishal Bhatia as Cfo, Cheolwon Lee as Ceo, and Reeva Kalra as Company Secretary. Chae Yi, Gaurav Sharma, Souparno Bagchi, and One other member serve as directors at the Company.
Company Details
- Location
Gurugram, Haryana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U74999HR2016FTC063837
- Company No.
063837
- Company Classification
Private Limited Foreign Company Incorporated In India
- Incorporation Date
28 Apr 2016
- Date of AGM
12 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Internet
Who are the key members and board of directors at Balancehero India?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vishal Bhatia  | CFO | 15-Apr-2019 | Current |
| Cheolwon Lee | CEO | 01-Oct-2021 | Current |
| Reeva Kalra | Company Secretary | 01-Jan-2022 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Chae Yi  | Director | 28-Apr-2016 | Current |
| Gaurav Sharma | Director | 23-Jan-2023 | Current |
| Souparno Bagchi | Director | 01-Apr-2022 | Current |
Financial Performance of Balancehero India.
Balancehero India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 39.78% increase. The company also saw a substantial improvement in profitability, with a 893.05% increase in profit. The company's net worth Soared by an impressive increase of 44.16%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Balancehero India?
In 2023, Balancehero India had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
_PRIVATE_LIMITED.webp)
Access Mobile (India) Private LimitedGaurav Sharma and Cheolwon Lee are mutual person
Noize Brands And Lifestyle Private LimitedGaurav Sharma is a mutual person
True Credits Private LimitedReeva Kalra and Cheolwon Lee are mutual person
Financiera Solutions Private LimitedSouparno Bagchi is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Balancehero India?
Balancehero India has a workforce of 33 employees as of Apr 01, 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 Balancehero India, 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 Balancehero India'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 Balancehero India
Recent activity within the organization
- Annual General Meeting
Balancehero India Private Limited last Annual general meeting of members was held on 12 Jul 2024 as per latest MCA records.
- Balance Sheet
Balancehero India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Director Appointment
Gaurav Sharma was appointed as a Director was appointed as a Director on 23 Jan 2023 & has been associated with this company since 2 years 2 months .
- Director Appointment
Souparno Bagchi was appointed as a Director was appointed as a Director on 01 Apr 2022 & has been associated with this company since 2 years 11 months .
- Director Appointment
Vishal Bhatia was appointed as a Cfo was appointed as a Cfo on 15 Apr 2019 & has been associated with this company since 5 years 11 months .
- Director Appointment
Chae Yong Yi was appointed as a Director was appointed as a Director on 28 Apr 2016 & has been associated with this company since 8 years 11 months .
Recent News, Updates & Announcement
- True Balance raises $23M from a cohort of Korean investors.
True Balance will use the proceeds from its Series C round of funding to expand its loan book, bolster its technology and business-focused talent acquisition efforts across geographies, as well as towards marketing..
Frequently asked questions
What is the Incorporation or founding date of Balancehero India Private Limited?
Balancehero India Private Limited was incorporated on 28 Apr 2016.
What is authorized share capital and paid-up capital of Balancehero India Private Limited?
The authorized share capital of Balancehero India Private Limited is ₹ 223.00 Cr and paid-up capital is ₹ 215.45 Cr.
Who are the current board members & directors of Balancehero India Private Limited?
Currently 7 directors are associated with Balancehero India Private Limited.
- Chae Yong Yi
- Gaurav Sharma
- Souparno Bagchi
- Vishal Bhatia
- Cheolwon Lee
- Reeva Kalra
- Cheolwon Lee
What is the registered address of Balancehero India Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Balancehero India Private Limited is Huda City Centre Metro Station 5Th Floor, Sector - 29 India, Gurgaon, Haryana, 122001.
What is the corporate identification number (CIN) and company number of Balancehero India Private Limited?
The corporate identification number (CIN) of Balancehero India Private Limited is U74999HR2016FTC063837 and the company number is 063837 as per Ministry of Corporate Affairs (MCA).
What is the official website of Balancehero India Private Limited?
The Official website of Balancehero India Private Limited is https://www.truebalance.io
What has been the recent revenue trend for Balancehero India Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Balancehero India Private Limited has risen by 39.78%.
How many employees does Balancehero India Private Limited currently have?
As Per 2023 financial reports, 33 employees are currently employed by Balancehero India Private Limited.
What change has been observed in the net worth of Balancehero India Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Balancehero India Private Limited has experienced an upsurge of 44.16%.
When was the last Balance Sheet of Balancehero India Private Limited filed with the ROC?
The most recent Balance Sheet for Balancehero India Private Limited was filed with the ROC on 31 Mar 2024.
