Betterinvest Finadvisors Private Limited

Alternative investment platform with high returns by lending to OTTs.

2020 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Betterinvest Finadvisors Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 0.38 M
  • Company Age 4 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth %
  • Profit Growth -1408.89%
  • Ebitda -1414.59%
  • Net Worth 301.72%
  • Total Assets 2106.46%

About Betterinvest Finadvisors

Betterinvest Finadvisors Private Limited (BFPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 09 July 2020 (Four years and seven months 1 days old ). Its registered office is in Kanchipuram, Tamil Nadu, India.

The Corporate was formerly known as Fabo Properties Private Limited. The Company is engaged in the Internet 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 1.50 M and a paid-up capital of Rs 0.38 M, as per Ministry of Corporate Affairs (MCA) records.

Suresh Krishnasamy, Viralikattur Somu, Erode Sedhumanikandan, and One other member serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U70103TN2020PTC136259

  • Company No.

    136259

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Jul 2020

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Internet

Who are the key members and board of directors at Betterinvest Finadvisors?

Board Members (4)

Name Designation Appointment Date Status
Viralikattur Somu Country flag representing In Director 09-Jul-2020 Current
Suresh Krishnasamy Country flag representing In Nominee Director 28-Feb-2023 Current
Erode Sedhumanikandan Country flag representing In Additional Director 16-Feb-2024 Current
Selvarajan Anax Country flag representing In Additional Director 16-Feb-2024 Current

Financial Performance of Betterinvest Finadvisors.

Betterinvest Finadvisors Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 1408.89% decrease in profit. The company's net worth Soared by an impressive increase of 301.72%.

Graph illustrating revenue growth over time
Graph showing 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
Revenue from Operations
Total Assets
2106.46%
Profit or Loss
-1408.89%
Net Worth
301.72%
EBITDA
-1414.59%

What is the Ownership and Shareholding Structure of Betterinvest Finadvisors?

In 2023, Betterinvest Finadvisors had a public holding of 99.16%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Betterinvest Finadvisors?

Unlock and access historical data on people associated with Betterinvest Finadvisors, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Betterinvest Finadvisors, 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 Betterinvest Finadvisors'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 Betterinvest Finadvisors

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Betterinvest Finadvisors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Erode Rajendran Sedhumanikandan was appointed as a Additional Director was appointed as a Additional Director on 16 Feb 2024 & has been associated with this company since 11 months 23 days .

    16 Feb 2024

  • Director Appointment

    Selvarajan Alagammal Sriram Anax was appointed as a Additional Director was appointed as a Additional Director on 16 Feb 2024 & has been associated with this company since 11 months 23 days .

    16 Feb 2024

  • Director Appointment

    Suresh Krishn Krishnasamy was appointed as a Nominee Director was appointed as a Nominee Director on 28 Feb 2023 & has been associated with this company since 1 year 11 months .

    28 Feb 2023

  • Director Appointment

    Viralikattur Pradeep Somu was appointed as a Director was appointed as a Director on 09 Jul 2020 & has been associated with this company since 4 years 7 months .

    09 Jul 2020

Frequently asked questions

  • Betterinvest Finadvisors Private Limited was incorporated on 09 Jul 2020.

  • The authorized share capital of Betterinvest Finadvisors Private Limited is ₹ 1.50 M and paid-up capital is ₹ 0.38 M.

  • Currently 4 directors are associated with Betterinvest Finadvisors Private Limited.

    • Suresh Krishn Krishnasamy
    • Viralikattur Pradeep Somu
    • Erode Rajendran Sedhumanikandan
    • Selvarajan Alagammal Sriram Anax
  • As per Ministry of Corporate Affairs (Mca), the registered address of Betterinvest Finadvisors Private Limited is New No.111 Old No.141 Awfis Building Rajiv Gandhi Salai Old Mahabalipuram Road, Kandanchav Adi India, Chennai, Tamil Nadu, 600096.

  • The corporate identification number (CIN) of Betterinvest Finadvisors Private Limited is U70103TN2020PTC136259 and the company number is 136259 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Betterinvest Finadvisors Private Limited is https://www.betterinvest.club

  • The financial reports for the fiscal year 2023 indicates that The net worth of Betterinvest Finadvisors Private Limited has experienced an upsurge of 301.72%.

  • The most recent Balance Sheet for Betterinvest Finadvisors Private Limited was filed with the ROC on 31 Mar 2024.

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