Bazaari Global Finance Limited

Non-banking financial company offering two-wheeler finance, loans, and loyalty finance since 1995.

1995 | Mumbai, Maharashtra (India) | Active
Last Updated: January 04, 2025

Bazaari Global Finance Profile

Key Indicators

  • Authorised Capital ₹ 6.50 Cr
  • Paid Up Capital ₹ 4.94 Cr
  • Company Age 29 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 94.46 Cr
  • Satisfied Charges ₹ 99.63 Cr
  • Revenue Growth 1.21%
  • Profit Growth -79.44%
  • Ebitda 2.31%
  • Net Worth 0.50%
  • Total Assets 8.08%

About Bazaari Global Finance

Bazaari Global Finance Limited (BGFL) is a Public Limited Indian Non-Government Company incorporated in India on 04 September 1995 and has a history of 29 years and five months. Its registered office is in Mumbai, Maharashtra, India.

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 6.50 Cr and a paid-up capital of Rs 4.94 Cr.

The company currently has active open charges totaling ₹94.46 Cr. The company has closed loans amounting to ₹99.63 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ashish Bazaari, Ghewarchand Kanungo, Subhash Lohia, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    bazaarifinance.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65910MH1995PLC092330

  • Company No.

    092330

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    04 Sep 1995

  • 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 Bazaari Global Finance Limited offer?

Bazaari Global Finance Limited offers a wide range of products and services, including Sales Support Services, Customer Loyalty Programs.

Who are the key members and board of directors at Bazaari Global Finance?

Executive Team (1)

Name Designation Appointment Date Status
Ashish Bazaari Country flag representing In Managing Director 01-Aug-2002 Current

Board Members (4)

Name Designation Appointment Date Status
Ghewarchand Kanungo Country flag representing In Director 24-Sep-1995 Current
Subhash Lohia Country flag representing In Director 24-Sep-1995 Current
Rahul Bazaari Country flag representing In Whole-Time Director 21-Nov-2019 Current
Ashish Lodha Country flag representing In Whole-Time Director 01-Oct-2019 Current

Financial Performance of Bazaari Global Finance.

Bazaari Global Finance Limited, for the financial year ended 2021, experienced modest growth in revenue, with a 1.21% increase. The company also saw a substantial fall in profitability, with a 79.44% decrease in profit. The company's net worth moved up by a moderate rise of 0.5%.

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
1.21%
Revenue from Operations
-1.12%
Total Assets
8.08%
Profit or Loss
-79.44%
Net Worth
0.50%
EBITDA
2.31%

What is the Ownership and Shareholding Structure of Bazaari Global Finance?

In 2021, Bazaari Global Finance had a promoter holding of 80.63% and a public holding of 19.37%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹94.46 Cr

Satisfied Charges

₹99.63 Cr

Charges Breakdown by Lending Institutions

  • Others : 90.40 Cr
  • State Bank Of India : 3.81 Cr
  • Hdfc Bank Limited : 0.25 Cr

Latest Charge Details

Date Lender Amount Status
28 Nov 2024 Others ₹2.50 Cr Open
21 Nov 2024 Others ₹2.00 Cr Open
30 Sep 2024 Others ₹2.50 Cr Open
02 Sep 2024 Others ₹3.50 Cr Open
31 Aug 2024 Others ₹1.00 Cr Open

How Many Employees Work at Bazaari Global Finance?

Bazaari Global Finance has a workforce of 93 employees as of Apr 07, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bazaari Global Finance, 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 Bazaari Global Finance'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 Bazaari Global Finance

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 2.50 Cr with Charge ID 101016556 was registered on 28 Nov 2024.

    28 Nov 2024

  • Charges

    A charge registered on 13 Sep 2022 via Charge ID 100627512 with Others was fully satisfied on 26 Nov 2024.

    26 Nov 2024

  • Charges

    A charge with Others amounted to Rs. 2.00 Cr with Charge ID 101016376 was registered on 21 Nov 2024.

    21 Nov 2024

  • Charges

    A charge registered on 29 Aug 2022 via Charge ID 100629594 with Others was fully satisfied on 08 Oct 2024.

    08 Oct 2024

  • Charges

    A charge with Others amounted to Rs. 2.50 Cr with Charge ID 100988564 was registered on 30 Sep 2024.

    30 Sep 2024

  • Charges

    A charge registered on 09 Jun 2022 via Charge ID 100583632 with Others was fully satisfied on 30 Sep 2024.

    30 Sep 2024

Frequently asked questions

  • Bazaari Global Finance Limited was incorporated on 04 Sep 1995.

  • The authorized share capital of Bazaari Global Finance Limited is ₹ 6.50 Cr and paid-up capital is ₹ 4.94 Cr.

  • Currently 5 directors are associated with Bazaari Global Finance Limited.

    • Ashish Bazaari
    • Ghewarchand Vastimalji Kanungo
    • Subhash Chandra Lohia
    • Rahul Bazaari
    • Ashish Lodha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bazaari Global Finance Limited is 409 Eco Star, Vishweshwar Nagar Off Aarey Road India, Goregaon East, Maharashtra, 400063.

  • The corporate identification number (CIN) of Bazaari Global Finance Limited is U65910MH1995PLC092330 and the company number is 092330 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bazaari Global Finance Limited is https://www.bazaarifinance.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Bazaari Global Finance Limited has risen by 1.21%.

  • As Per 2021 financial reports, 93 employees are currently employed by Bazaari Global Finance Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Bazaari Global Finance Limited has experienced an upsurge of 0.50%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Bazaari Global Finance Limited amount to ₹ 94.46 Cr.

  • The most recent Balance Sheet for Bazaari Global Finance Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on NBFC