Better Value Leasing And Finance Ltd
Provides hire purchase financing for SMEs in various industries.
1983 | Thane, Maharashtra (India) | Active
Better Value Leasing And Finance Profile
Key Indicators
- Authorised Capital ₹ 8.00 Cr
- Paid Up Capital ₹ 3.22 Cr
- Company Age 41 Year, 8 Months
- Last Filing with ROC 31 Mar 2019
- Open Charges ₹ 125.50 Cr
- Satisfied Charges ₹ 2.20 M
- Revenue Growth 2.98%
- Profit Growth -572.87%
- Ebitda -25.81%
- Net Worth -37.56%
- Total Assets 31.24%
About Better Value Leasing And Finance
Better Value Leasing And Finance Ltd (BVLAFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 July 1983 and has a history of 41 years and eight months. Its registered office is in Thane, Maharashtra, India.
The Corporate was formerly known as Better Value Leasing And Finance Private Ltd. The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2019. It's a company limited by shares with an authorized capital of Rs 8.00 Cr and a paid-up capital of Rs 3.22 Cr.
The company currently has active open charges totaling ₹125.50 Cr. The company has closed loans amounting to ₹2.20 M, as per Ministry of Corporate Affairs (MCA) records.
Nitin Gawande, Sharad Thakur, and Shekhar Thakur serve as directors at the Company.
Company Details
- Location
Thane, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65990MH1983PLC030357
- Company No.
030357
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
05 Jul 1983
- Date of AGM
30 Sep 2019
- Date of Balance Sheet
31 Mar 2019
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Who are the key members and board of directors at Better Value Leasing And Finance?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nitin Gawande  | Director | 30-Jun-2006 | Current |
| Sharad Thakur | Director | 04-May-2021 | Current |
| Shekhar Thakur | Director | 04-May-2021 | Current |
Financial Performance of Better Value Leasing And Finance.
Better Value Leasing And Finance Ltd, for the financial year ended 2019, experienced modest growth in revenue, with a 2.98% increase. The company also saw a substantial fall in profitability, with a 572.87% decrease in profit. The company's net worth observed a substantial decline by a decrease of 37.56%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Better Value Leasing And Finance?
In 2019, Better Value Leasing And Finance had a promoter holding of 10.88% and a public holding of 89.13%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Gawande Consultants Private Limited
Nitin Gawande is a mutual person
- Vrindavan Restaurant Private Limited
Sharad Thakur is a mutual person
- Better Value Brands Private Limited
Sharad Thakur and Shekhar Thakur are mutual person
- Better Value Restaurants Private Limited
Sharad Thakur is a mutual person
- Dhamaka Entertainment Private Limited
Sharad Thakur is a mutual person
- Indian Cookery.Com Private Limited
Sharad Thakur is a mutual person
Charges (Loans)
Open Charges
₹125.50 Cr
Satisfied Charges
₹0.22 Cr
Charges Breakdown by Lending Institutions
- Others : 100.00 Cr
- Axis Bank Limited : 20.00 Cr
- Idbi Bank Limited : 5.00 Cr
- Unionbank Of India : 0.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Dec 2017 | Others | ₹100.00 Cr | Open |
| 01 Oct 2001 | Axis Bank Limited | ₹20.00 Cr | Open |
| 01 Jul 1998 | Idbi Bank Limited | ₹5.00 Cr | Open |
| 10 May 1995 | Unionbank Of India | ₹5.00 M | Open |
| 25 Jul 2008 | The Shamrao Vithal Co-Op. Bank Ltd. | ₹1.70 M | Satisfied |
How Many Employees Work at Better Value Leasing And Finance?
Unlock and access historical data on people associated with Better Value Leasing And Finance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Better Value Leasing And Finance, 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 Better Value Leasing And Finance'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 Better Value Leasing And Finance
Recent activity within the organization
- Director Appointment
Sharad Maruti Thakur was appointed as a Director was appointed as a Director on 04 May 2021 & has been associated with this company since 3 years 10 months .
- Director Appointment
Shekhar Maruti Thakur was appointed as a Director was appointed as a Director on 04 May 2021 & has been associated with this company since 3 years 10 months .
- Annual General Meeting
Better Value Leasing And Finance Ltd last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
- Balance Sheet
Better Value Leasing And Finance Ltd has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai.
- Charges
A charge with Others of Rs. 100.00 Cr registered on 28 Dec 2017 with Charge ID 100160731 was modified on 11 Jan 2019.
- Charges
A charge with Others amounted to Rs. 100.00 Cr with Charge ID 100160731 was registered on 28 Dec 2017.
Frequently asked questions
What is the Incorporation or founding date of Better Value Leasing And Finance Ltd?
Better Value Leasing And Finance Ltd was incorporated on 05 Jul 1983.
What is authorized share capital and paid-up capital of Better Value Leasing And Finance Ltd?
The authorized share capital of Better Value Leasing And Finance Ltd is ₹ 8.00 Cr and paid-up capital is ₹ 3.22 Cr.
Who are the current board members & directors of Better Value Leasing And Finance Ltd?
Currently 3 directors are associated with Better Value Leasing And Finance Ltd.
- Nitin Ratnakar Gawande
- Sharad Maruti Thakur
- Shekhar Maruti Thakur
What is the registered address of Better Value Leasing And Finance Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Better Value Leasing And Finance Ltd is Room No. 28 Jai Bhavani Nagar Nr. Bharat Fertilizers Majiwada, India, Thane, Maharashtra, 400601.
What is the corporate identification number (CIN) and company number of Better Value Leasing And Finance Ltd?
The corporate identification number (CIN) of Better Value Leasing And Finance Ltd is U65990MH1983PLC030357 and the company number is 030357 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Better Value Leasing And Finance Ltd?
According to the financial reports for the fiscal year 2019, the revenue trend for Better Value Leasing And Finance Ltd has risen by 2.98%.
What change has been observed in the net worth of Better Value Leasing And Finance Ltd, and by what percentage?
The financial reports for the fiscal year 2019 indicates that The net worth of Better Value Leasing And Finance Ltd has experienced an downturn of -37.56%.
What are the total open charges for Better Value Leasing And Finance Ltd?
As per the financial statements for fiscal Year 2019, The total open charges for Better Value Leasing And Finance Ltd amount to ₹ 125.50 Cr.
When was the last Balance Sheet of Better Value Leasing And Finance Ltd filed with the ROC?
The most recent Balance Sheet for Better Value Leasing And Finance Ltd was filed with the ROC on 31 Mar 2019.
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