Basic Financial Services Private Limited

Financial services provider offering solutions for investments, insurance, retirement, and tax planning.

1994 | Mumbai, Maharashtra (India) | Active
Last Updated: January 30, 2025

Basic Financial Services Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 30 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -6.88%
  • Profit Growth -8.66%
  • Ebitda -12.59%
  • Net Worth 21.06%
  • Total Assets 16.29%

About Basic Financial Services

Basic Financial Services Private Limited (BFSPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 September 1994 and has a history of 30 years and four months. Its registered office is in Mumbai, Maharashtra.

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 2.50 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Nikhil Mehta, Jyoti Mehta, and Gauri Mehta serve as directors at the Company.

Company Details

  • Location Mumbai, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    basicfin.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U67120MH1994PTC081468

  • Company No.

    081468

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Sep 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

What products or services does Basic Financial Services Private Limited offer?

Basic Financial Services Private Limited offers a wide range of products and services, including Banks and Banking Services, Banking Service.

Who are the key members and board of directors at Basic Financial Services?

Board Members (3)

Name Designation Appointment Date Status
Nikhil Mehta Country flag representing In Director 26-Sep-1994 Current
Jyoti Mehta Country flag representing In Director 26-Sep-1994 Current
Gauri Mehta Director 09-Oct-2024 Current

Financial Performance of Basic Financial Services.

Basic Financial Services Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 6.88% decrease. The company also saw a slight decrease in profitability, with a 8.66% decrease in profit. The company's net worth Soared by an impressive increase of 21.06%.

Graph illustrating revenue growth over time
Graph showing 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
-6.88%
Revenue from Operations
-7.86%
Total Assets
16.29%
Profit or Loss
-8.66%
Net Worth
21.06%
EBITDA
-12.59%

What is the Ownership and Shareholding Structure of Basic Financial Services?

Unlock access to Basic Financial Services's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Basic Financial Services?

Unlock and access historical data on people associated with Basic Financial Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Basic 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 Basic Financial Services'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 Basic Financial Services

Recent activity within the organization

  • Director Appointment

    Gauri Nikhil Mehta was appointed as a Director was appointed as a Director on 09 Oct 2024 & has been associated with this company since 4 months 4 days .

    09 Oct 2024

  • Annual General Meeting

    Basic Financial Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Basic Financial Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Nikhil Jaysukhlal Mehta was appointed as a Director was appointed as a Director on 26 Sep 1994 & has been associated with this company since 30 years 4 months .

    26 Sep 1994

  • Director Appointment

    Jyoti Nikhil Mehta was appointed as a Director was appointed as a Director on 26 Sep 1994 & has been associated with this company since 30 years 4 months .

    26 Sep 1994

  • Company Incorporation

    Basic Financial Services Private Limited was registered on 26 Sep 1994 with Roc Mumbai & aged 30 years 4 months as per MCA records.

    26 Sep 1994

Frequently asked questions

  • Basic Financial Services Private Limited was incorporated on 26 Sep 1994.

  • The authorized share capital of Basic Financial Services Private Limited is ₹ 2.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Basic Financial Services Private Limited.

    • Nikhil Jaysukhlal Mehta
    • Jyoti Nikhil Mehta
    • Gauri Nikhil Mehta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Basic Financial Services Private Limited is Sonal Bldg 99 August Krantimarg Ist Floor India, Mumbai, Maharashtra, 400036.

  • The corporate identification number (CIN) of Basic Financial Services Private Limited is U67120MH1994PTC081468 and the company number is 081468 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Basic Financial Services Private Limited is https://www.basicfin.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Basic Financial Services Private Limited has fallen by -6.88%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Basic Financial Services Private Limited has experienced an upsurge of 21.06%.

  • The most recent Balance Sheet for Basic Financial Services Private Limited was filed with the ROC on 31 Mar 2024.