Believe International Limited

Pharmaceutical contract manufacturing and third-party manufacturing services for various products.

2011 | Surat, Gujarat (India) | Active
Last Updated:

Believe International Profile

Key Indicators

  • Authorised Capital ₹ 8.25 Cr
  • Paid Up Capital ₹ 4.45 Cr
  • Company Age 13 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 45.20 Cr
  • Revenue Growth -3.65%
  • Profit Growth -77.80%
  • Ebitda 1.32%
  • Net Worth 47.82%
  • Total Assets 25.32%

About Believe International

Believe International Limited (BIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 30 December 2011 and has a history of 13 years and four months. Its registered office is in Surat, Gujarat, India.

The Corporate was formerly known as Believe International Private Limited. The Company is engaged in the Pharma 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 8.25 Cr and a paid-up capital of Rs 4.45 Cr.

The company currently has active open charges totaling ₹45.20 Cr.

Ashish Shah, Divyang Vadi, Rajni Mungra, and Two other members serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51101GJ2011PLC068446

  • Company No.

    068446

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Dec 2011

  • Date of AGM

    14 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Pharma

What products or services does Believe International Limited offer?

Believe International Limited offers a wide range of products and services, including Common Disease Medicines, Allopathic Cough Syrup, Anti Infective Drugs & Medicines, Antibiotic Tablets, Capsule & Syrup, Digestive System Drugs & Medicines, Antacid Drugs, Pain Relief Drugs & Pharmaceuticals, Arthritic Drugs, Gastrointestinal Drugs, Nutraceuticals & Dietary Supplements.

Company report

Believe International Limited

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

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

Board Members (5)

NameDesignationAppointment DateStatus
Ashish Shah Country flag representing In Director 26-Dec-2018Current
Divyang Vadi Country flag representing In Director 30-Dec-2011Current
Rajni Mungra Country flag representing In Director 30-Dec-2011Current
Hiral Vaghasiya Country flag representing In Director 30-Sep-2023Current
Mihirkumar Sojitra Country flag representing In Director 30-Sep-2023Current

Financial Performance of Believe International.

Believe International Limited, for the financial year ended 2024, experienced Minor drop in revenue, with a 3.65% decrease. The company also saw a substantial fall in profitability, with a 77.8% decrease in profit. The company's net worth Soared by an impressive increase of 47.82%.

Believe International revenue growth over time
Believe International 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
-3.65%
Revenue from Operations
-3.80%
Total Assets
25.32%
Profit or Loss
-77.80%
Net Worth
47.82%
EBITDA
1.32%

What is the Ownership and Shareholding Structure of Believe International?

In 2024, Believe International 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

₹45.20 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 34.00 Cr
  • Others : 10.00 Cr
  • Hdfc Bank Limited : 1.20 Cr

Latest Charge Details

DateLenderAmountStatus
29 Feb 2024Others₹10.00 CrOpen
22 Jan 2024Hdfc Bank Limited₹1.20 CrOpen
16 Feb 2022State Bank Of India₹34.00 CrOpen

How Many Employees Work at Believe International?

Believe International has a workforce of 422 employees as of Feb 17, 2025. 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 International Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Believe International Limited last Annual general meeting of members was held on 14 Aug 2024 as per latest MCA records.

  • Charges

    A charge with Others of Rs. 10.00 Cr registered on 29 Feb 2024 with Charge ID 100879052 was modified on 24 May 2024.

  • Balance Sheet

    Believe International Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100879052 was registered on 29 Feb 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.20 Cr with Charge ID 100858949 was registered on 22 Jan 2024.

  • Director Appointment

    Hiral Rasikbhai Vaghasiya was appointed as a Director was appointed as a Director on 30 Sep 2023 & has been associated with this company since 1 year 7 months .

Frequently asked questions

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

    Believe International Limited was incorporated on 30 Dec 2011.

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

    The authorized share capital of Believe International Limited is ₹ 8.25 Cr and paid-up capital is ₹ 4.45 Cr.

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

    Currently 5 directors are associated with Believe International Limited.

    • Ashish Hasmukh Shah
    • Divyang Dhanjibhai Vadi
    • Rajni Babulal Mungra
    • Hiral Rasikbhai Vaghasiya
    • Mihirkumar Atulbhai Sojitra

  • What is the registered address of Believe International Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Believe International Limited is Block No 497 Village Mahuvej Taluka, Ta. Dist. Surat India, Mangrol, Gujarat, 394125.

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

    The corporate identification number (CIN) of Believe International Limited is U51101GJ2011PLC068446 and the company number is 068446 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Believe International Limited?

    The Official website of Believe International Limited is https://www.believeintl.com

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

    According to the financial reports for the fiscal year 2024, the revenue trend for Believe International Limited has fallen by -3.65%.

  • How many employees does Believe International Limited currently have?

    As Per 2024 financial reports, 422 employees are currently employed by Believe International Limited.

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

    The financial reports for the fiscal year 2024 indicates that The net worth of Believe International Limited has experienced an upsurge of 47.82%.

  • What are the total open charges for Believe International Limited?

    As per the financial statements for fiscal Year 2024, The total open charges for Believe International Limited amount to ₹ 45.20 Cr.

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

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

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