Believe Commodities Pvt Ltd

Provides financial services such as loans and trading in shares, imports and exports, and construction.

1994 | Kolkata, West Bengal (India) | Active
Last Updated: December 13, 2024

Believe Commodities Profile

Key Indicators

  • Authorised Capital ₹ 1.25 Cr
  • Paid Up Capital ₹ 7.39 M
  • Company Age 30 Year, 11 Months
  • Last Filing with ROC 31 Mar 2015
  • Open Charges ₹ 59.80 Cr
  • Revenue Growth -70.44%
  • Profit Growth 28.84%
  • Ebitda -70.82%
  • Net Worth 0.07%
  • Total Assets -5.56%

About Believe Commodities

Believe Commodities Pvt Ltd (BCPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 March 1994 and has a history of 30 years and 11 months. Its registered office is in Kolkata, West Bengal, 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 2015. It's a company limited by shares with an authorized capital of Rs 1.25 Cr and a paid-up capital of Rs 7.39 M.

The company currently has active open charges totaling ₹59.80 Cr.

Ravi Kshettry and Indira Kshettry serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51909WB1994PTC062114

  • Company No.

    062114

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Mar 1994

  • Date of AGM

    30 Sep 2015

  • Date of Balance Sheet

    31 Mar 2015

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Financial Services

Who are the key members and board of directors at Believe Commodities?

Board Members (2)

Name Designation Appointment Date Status
Ravi Kshettry Country flag representing In Director 01-Jun-2012 Current
Indira Kshettry Country flag representing In Director 15-Nov-2001 Current

Financial Performance of Believe Commodities.

Believe Commodities Pvt Ltd, for the financial year ended 2015, experienced significant reduction in revenue, with a 70.44% decrease. The company also saw a substantial improvement in profitability, with a 28.84% increase in profit. The company's net worth moved up by a moderate rise of 0.07%.

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
-70.44%
Revenue from Operations
-70.70%
Total Assets
-5.56%
Profit or Loss
28.84%
Net Worth
0.07%
EBITDA
-70.82%

What is the Ownership and Shareholding Structure of Believe Commodities?

Unlock access to Believe Commodities'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)

Open Charges

₹59.80 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 59.80 Cr

Latest Charge Details

Date Lender Amount Status
15 Sep 2015 State Bank Of India ₹59.80 Cr Open

How Many Employees Work at Believe Commodities?

Unlock and access historical data on people associated with Believe Commodities, 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 Believe Commodities, 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 Believe Commodities'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 Believe Commodities

Recent activity within the organization

  • Annual General Meeting

    Believe Commodities Pvt Ltd last Annual general meeting of members was held on 30 Sep 2015 as per latest MCA records.

    30 Sep 2015

  • Charges

    A charge with State Bank Of India amounted to Rs. 59.80 Cr with Charge ID 10596127 was registered on 15 Sep 2015.

    15 Sep 2015

  • Balance Sheet

    Believe Commodities Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2015 with Roc Kolkata.

    31 Mar 2015

  • Director Appointment

    Ravi Kshettry was appointed as a Director was appointed as a Director on 01 Jun 2012 & has been associated with this company since 12 years 8 months .

    01 Jun 2012

  • Director Appointment

    Indira Kshettry was appointed as a Director was appointed as a Director on 15 Nov 2001 & has been associated with this company since 23 years 2 months .

    15 Nov 2001

  • Company Incorporation

    Believe Commodities Pvt Ltd was registered on 07 Mar 1994 with Roc Kolkata & aged 30 years 11 months as per MCA records.

    07 Mar 1994

Frequently asked questions

  • Believe Commodities Pvt Ltd was incorporated on 07 Mar 1994.

  • The authorized share capital of Believe Commodities Pvt Ltd is ₹ 1.25 Cr and paid-up capital is ₹ 7.39 M.

  • Currently 2 directors are associated with Believe Commodities Pvt Ltd.

    • Ravi Kshettry
    • Indira Kshettry
  • As per Ministry of Corporate Affairs (Mca), the registered address of Believe Commodities Pvt Ltd is 44 Ram Dulal Sarkar Street India, Kolkata, West Bengal, 700006.

  • The corporate identification number (CIN) of Believe Commodities Pvt Ltd is U51909WB1994PTC062114 and the company number is 062114 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2015, the revenue trend for Believe Commodities Pvt Ltd has fallen by -70.44%.

  • The financial reports for the fiscal year 2015 indicates that The net worth of Believe Commodities Pvt Ltd has experienced an upsurge of 0.07%.

  • As per the financial statements for fiscal Year 2015, The total open charges for Believe Commodities Pvt Ltd amount to ₹ 59.80 Cr.

  • The most recent Balance Sheet for Believe Commodities Pvt Ltd was filed with the ROC on 31 Mar 2015.

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