Believe Cosmetics Profile
Key Indicators
- Authorised Capital ₹ 1.30 Cr
- Paid Up Capital ₹ 9.17 M
- Company Age 4 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 67.91 Cr
- Satisfied Charges ₹ 25.00 Cr
- Revenue Growth 18.31%
- Profit Growth -54.33%
- Ebitda -40.04%
- Net Worth -58.96%
- Total Assets 88.25%
About Believe Cosmetics
Believe Cosmetics Private Limited (BCPL) is a Private Limited Foreign Company Incorporated In India incorporated in India on 29 July 2020 (Four years and eight months 15 days old ). Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Consumer Goods Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.30 Cr and a paid-up capital of Rs 9.17 M.
The company currently has active open charges totaling ₹67.91 Cr. The company has closed loans amounting to ₹25.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Believe Cosmetics Private Limited India is Harish Venkateswaran as CFO. Dheeraj Batra and Ankit Mahajan serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74999KA2020FTC136600
- Company No.
136600
- Company Classification
Private Limited Foreign Company Incorporated In India
- Incorporation Date
29 Jul 2020
- Date of AGM
14 Nov 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Consumer Goods
Believe Cosmetics Private Limited
Explore comprehensive data for Believe Cosmetics Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Believe Cosmetics?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Harish Venkateswaran  | CFO | 29-Oct-2022 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Dheeraj Batra | Director | 29-Jul-2020 | Current |
Ankit Mahajan  | Director | 29-Jul-2020 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Believe Cosmetics?
In 2023, Believe Cosmetics had a promoter holding of 90.60% and a public holding of 9.40%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ecotrail Personal Care Private LimitedDheeraj Batra and Ankit Mahajan are mutual person
Synapptra Technologies Private LimitedDheeraj Batra is a mutual person
Charges (Loans)
Open Charges
₹67.91 Cr
Satisfied Charges
₹25.00 Cr
Charges Breakdown by Lending Institutions
- Others : 67.91 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Apr 2024 | Others | ₹3.01 Cr | Open |
| 20 Feb 2024 | Others | ₹5.40 Cr | Open |
| 08 Sep 2023 | Others | ₹10.00 Cr | Open |
| 10 Jul 2023 | Others | ₹12.00 Cr | Open |
| 08 Feb 2022 | Others | ₹37.50 Cr | Open |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Believe Cosmetics, 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 Cosmetics'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.
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.
- Charges
A charge with Others amounted to Rs. 5.40 Cr with Charge ID 100914870 was registered on 20 Feb 2024.
- Charges
A charge registered on 30 Mar 2021 via Charge ID 100445979 with Others was fully satisfied on 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.
- Annual General Meeting
Believe Cosmetics Private Limited last Annual general meeting of members was held on 14 Nov 2023 as per latest MCA records.
- 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.
Frequently asked questions
What is the Incorporation or founding date of Believe Cosmetics Private Limited?
Believe Cosmetics Private Limited was incorporated on 29 Jul 2020.
What is authorized share capital and paid-up capital of Believe Cosmetics Private Limited?
The authorized share capital of Believe Cosmetics Private Limited is ₹ 1.30 Cr and paid-up capital is ₹ 9.17 M.
Who are the current board members & directors of Believe Cosmetics Private Limited?
Currently 3 directors are associated with Believe Cosmetics Private Limited.
- Dheeraj Batra
- Ankit Mahajan
- Harish Venkateswaran
What is the registered address of Believe Cosmetics Private Limited?
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.
What is the corporate identification number (CIN) and company number of Believe Cosmetics Private Limited?
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).
What is the official website of Believe Cosmetics Private Limited?
The Official website of Believe Cosmetics Private Limited is https://www.believedirect.in
What has been the recent revenue trend for Believe Cosmetics Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Believe Cosmetics Private Limited has risen by 18.31%.
How many employees does Believe Cosmetics Private Limited currently have?
As Per 2023 financial reports, 475 employees are currently employed by Believe Cosmetics Private Limited.
What change has been observed in the net worth of Believe Cosmetics Private Limited, and by what percentage?
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%.
What are the total open charges for Believe Cosmetics Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Believe Cosmetics Private Limited amount to ₹ 67.91 Cr.
When was the last Balance Sheet of Believe Cosmetics Private Limited filed with the ROC?
The most recent Balance Sheet for Believe Cosmetics Private Limited was filed with the ROC on 31 Mar 2023.
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