Believe Cosmetics Profile
Key Indicators
- Authorised Capital ₹ 1.30 Cr
- Paid Up Capital ₹ 9.17 M
- Company Age 4 Year, 6 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 six months 6 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
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Location
Bangaluru, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U74999KA2020FTC136600
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Company No.
136600
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Company Classification
Private Limited Foreign Company Incorporated In India
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Incorporation Date
29 Jul 2020
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Date of AGM
14 Nov 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
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
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Director | 29-Jul-2020 | Current |
Ankit Mahajan
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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%.
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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)
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Ecotrail Personal Care Private LimitedDheeraj Batra and Ankit Mahajan are mutual person
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Synapptra Technologies Private LimitedDheeraj Batra is a mutual person
Charges (Loans)
₹67.91 Cr
₹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.