Believe Digital Private Limited

Provides digital content aggregation and licensing services to content dealers in India.

2016 | Mumbai, Maharashtra (India) | Active
Last Updated:

Believe Digital Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.00 M
  • Revenue Growth 36.22%
  • Profit Growth 48.62%
  • Ebitda 29.37%
  • Net Worth 76.87%
  • Total Assets 91.14%

About Believe Digital

Believe Digital Private Limited (BDPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 July 2016 (Eight years and eight months 15 days old ). Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Business 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹1.00 M.

Vivek Raina, Sylvain Delange, and Kaveri Ingale serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999MH2016PTC284162

  • Company No.

    284162

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Jul 2016

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Business Services
Company report

Believe Digital Private Limited

Explore comprehensive data for Believe Digital Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Vivek Raina Country flag representing In Managing Director27-Jul-2016Current

Board Members (2)

NameDesignationAppointment DateStatus
Sylvain Delange Country flag representing Fr Director 27-Jul-2016Current
Kaveri Ingale Country flag representing In Director 15-Dec-2023Current

Financial Performance of Believe Digital.

Believe Digital Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 36.22% increase. The company also saw a substantial improvement in profitability, with a 48.62% increase in profit. The company's net worth Soared by an impressive increase of 76.87%.

Believe Digital revenue growth over time
Believe Digital 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
36.22%
Revenue from Operations
35.66%
Total Assets
91.14%
Profit or Loss
48.62%
Net Worth
76.87%
EBITDA
29.37%

What is the Ownership and Shareholding Structure of Believe Digital?

In 2023, Believe Digital had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 0.10 Cr

Latest Charge Details

DateLenderAmountStatus
02 Aug 2021The Hongkong And Shanghai Banking Corporation Limited₹1.00 MOpen

How Many Employees Work at Believe Digital?

Believe Digital has a workforce of 233 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.

Employee growth trends for Believe Digital Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Believe Digital, 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 Digital'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 Digital

Recent activity within the organization

  • Annual General Meeting

    Believe Digital Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Believe Digital Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Kaveri Ingale was appointed as a Director was appointed as a Director on 15 Dec 2023 & has been associated with this company since 1 year 3 months .

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 1.00 M with Charge ID 100464753 was registered on 02 Aug 2021.

  • Director Appointment

    Vivek Rajnath Raina was appointed as a Managing Director was appointed as a Managing Director on 27 Jul 2016 & has been associated with this company since 8 years 8 months .

  • Director Appointment

    Sylvain Jean Joseph Delange was appointed as a Director was appointed as a Director on 27 Jul 2016 & has been associated with this company since 8 years 8 months .

Frequently asked questions

  • What is the Incorporation or founding date of Believe Digital Private Limited?

    Believe Digital Private Limited was incorporated on 27 Jul 2016.

  • What is authorized share capital and paid-up capital of Believe Digital Private Limited?

    The authorized share capital of Believe Digital Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Believe Digital Private Limited?

    Currently 3 directors are associated with Believe Digital Private Limited.

    • Vivek Rajnath Raina
    • Sylvain Jean Joseph Delange
    • Kaveri Ingale

  • What is the registered address of Believe Digital Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Believe Digital Private Limited is 1003 Hallmark Business Plaza Sant Dyaneshwar Marg Opposite Gurunanak Hospital, Bandra East India, Mumbai, Maharashtra, 400051.

  • What is the corporate identification number (CIN) and company number of Believe Digital Private Limited?

    The corporate identification number (CIN) of Believe Digital Private Limited is U74999MH2016PTC284162 and the company number is 284162 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Believe Digital Private Limited?

    The Official website of Believe Digital Private Limited is https://www.believemusic.com

  • What has been the recent revenue trend for Believe Digital Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Believe Digital Private Limited has risen by 36.22%.

  • How many employees does Believe Digital Private Limited currently have?

    As Per 2023 financial reports, 233 employees are currently employed by Believe Digital Private Limited.

  • What change has been observed in the net worth of Believe Digital Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Believe Digital Private Limited has experienced an upsurge of 76.87%.

  • What are the total open charges for Believe Digital Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Believe Digital Private Limited amount to ₹ 1.00 M.

  • When was the last Balance Sheet of Believe Digital Private Limited filed with the ROC?

    The most recent Balance Sheet for Believe Digital Private Limited was filed with the ROC on 31 Mar 2024.

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