Believe Cosmetics Private Limited logo

Believe Cosmetics Private Limited

Sells personal care and cosmetics products for beauty and grooming, including makeup and homecare items.
2020 | Bangaluru, Karnataka (India) | Active

Last Updated:

October 30, 2024
HomeCompanyBelieve Cosmetics Private Limited

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

Executive Team (1)

NameDesignationAppointment DateStatus
Harish Venkateswaran InCFO29-Oct-2022Current

Board Members(2)

NameDesignationAppointment DateStatus
Dheeraj Batra In Director 29-Jul-2020Current
Ankit Mahajan Sg Director 29-Jul-2020Current

Financial Performance of Believe Cosmetics.

Believe Cosmetics Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.31% increase. The company also saw a substantial fall in profitability, with a 54.33% decrease in profit. The company's net worth observed a substantial decline by a decrease of 58.96%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
18.31%
Revenue from Operations
18.86%
Total Assets
88.25%
Profit or Loss
-54.33%
Net Worth
-58.96%
EBITDA
-40.04%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹67.91 Cr

₹25.00 Cr

LenderAmountStatus

Others

Creation Date: 29 Apr 2024
₹3.01 CrOpen

Others

Creation Date: 20 Feb 2024
₹5.40 CrOpen

Others

Creation Date: 08 Sep 2023
₹10.00 CrOpen

How Many Employees Work at Believe Cosmetics?

Believe Cosmetics has a workforce of 475 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.

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Latest Updates, News, and FAQs on Believe Cosmetics

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 3.01 Cr with Charge ID 100937371 was registered on 29 Apr 2024.

    29 Apr 2024

  • Charges

    A charge with Others amounted to Rs. 5.40 Cr with Charge ID 100914870 was registered on 20 Feb 2024.

    20 Feb 2024

  • Charges

    A charge registered on 30 Mar 2021 via Charge ID 100445979 with Others was fully satisfied on 23 Nov 2023.

    23 Nov 2023

  • Charges

    A charge with Others of Rs. 37.50 Cr registered on 08 Feb 2022 with Charge ID 100549597 was modified on 21 Nov 2023.

    21 Nov 2023

  • Annual General Meeting

    Believe Cosmetics Private Limited last Annual general meeting of members was held on 14 Nov 2023 as per latest MCA records.

    14 Nov 2023

  • Charges

    A charge with Others of Rs. 12.00 Cr registered on 10 Jul 2023 with Charge ID 100795574 was modified on 13 Nov 2023.

    13 Nov 2023

Frequently asked questions

  • Believe Cosmetics Private Limited was incorporated on 29 Jul 2020.

  • The authorized share capital of Believe Cosmetics Private Limited is ₹ 1.30 Cr and paid-up capital is ₹ 9.17 M.

  • Currently 3 directors are associated with Believe Cosmetics Private Limited.

    • Dheeraj Batra
    • Ankit Mahajan
    • Harish Venkateswaran
  • As per Ministry of Corporate Affairs (Mca), the registered address of Believe Cosmetics Private Limited is 5Th Floor Umiya Business Bay Tower-1 Cessna Park Marathahalli Sarjapur Ring Road Kadubeesanahalli Varthur-Hobli, India, Bangalore South, Karnataka, 560103.

  • The corporate identification number (CIN) of Believe Cosmetics Private Limited is U74999KA2020FTC136600 and the company number is 136600 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Believe Cosmetics Private Limited is https://www.believedirect.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Believe Cosmetics Private Limited has risen by 18.31%.

  • As Per 2023 financial reports, 475 employees are currently employed by Believe Cosmetics Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Believe Cosmetics Private Limited has experienced an downturn of -58.96%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Believe Cosmetics Private Limited amount to ₹ 67.91 Cr.

  • The most recent Balance Sheet for Believe Cosmetics Private Limited was filed with the ROC on 31 Mar 2023.

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