Belief Chits Profile
Key Indicators
- Authorised Capital ₹ 2.50 Cr
as on 16-11-2024
- Paid Up Capital ₹ 2.50 Cr
as on 16-11-2024
- Company Age 36 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 15.18 Cr
as on 16-11-2024
- Revenue -23.12%
(FY 2023)
- Profit -10.98%
(FY 2023)
- Ebitda -7.11%
(FY 2023)
- Net Worth -10.39%
(FY 2023)
- Total Assets -13.21%
(FY 2023)
About Belief Chits
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 Cr and a paid-up capital of Rs 2.50 Cr.
The company currently has active open charges totaling ₹15.18 Cr.
Deepak Bhandari, Pravesh Bhandari, and Arush Bhandari serve as directors at the Company.
- CIN/LLPIN
U74899DL1988PTC030221
- Company No.
030221
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Jan 1988
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Company Details
- Location
Delhi, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Belief Chits?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Arush Bhandari  | Director | 03-Sep-2015 | Current |
| Deepak Bhandari | Director | 02-Aug-2021 | Current |
| Pravesh Bhandari | Director | 06-Apr-2010 | Current |
Financial Performance and Corporate Structure Insights of Belief Chits.
Belief Chits Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 23.12% decrease. The company also saw a substantial fall in profitability, with a 10.98% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.39%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Belief Chits?
In 2023, Belief Chits had a public holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Gokul Loomtex Private LimitedActive 17 years 11 days
Deepak Bhandari and Pravesh Bhandari are mutual person
- Sharp Edge Graphics Private LimitedActive 18 years 4 months
Deepak Bhandari and Pravesh Bhandari are mutual person
- Sukhmani Polymers Private LimitedActive 18 years 1 month
Deepak Bhandari, Pravesh Bhandari and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 02 Feb 2024 | ₹3.68 Cr | Open |
Axis Bank Limited Creation Date: 18 Jan 2024 | ₹10.00 Cr | Open |
Others Creation Date: 10 Feb 2022 | ₹1.50 Cr | Open |
How Many Employees Work at Belief Chits?
Unlock and access historical data on people associated with Belief Chits, 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 Belief Chits, 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 Belief Chits'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.
