Bhartiya Samruddhi Finance Profile
Key Indicators
- Authorised Capital ₹ 560.00 Cr
- Paid Up Capital ₹ 528.09 Cr
- Company Age 28 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 6.00 Cr
- Satisfied Charges ₹ 2,809.99 Cr
- Revenue Growth 68.25%
- Profit Growth 53.20%
- Ebitda 29.44%
- Net Worth -68.08%
- Total Assets -63.30%
About Bhartiya Samruddhi Finance
Bhartiya Samruddhi Finance Limited (BSFL) is a Public Limited Indian Non-Government Company incorporated in India on 12 August 1996 and has a history of 28 years and six months. Its registered office is in New Delhi, Delhi, India.
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 2023. It's a company limited by shares with an authorized capital of Rs 560.00 Cr and a paid-up capital of Rs 528.09 Cr.
The company currently has active open charges totaling ₹6.00 Cr. The company has closed loans amounting to ₹2,809.99 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Bhartiya Samruddhi Finance Limited India are Jagadeesh Paladi as Cfo, Sattaiah Devarakonda as Ceo, and Neha as Company Secretary. Anoop Kaul, Manmath Dalai, Parthasarathy Bangalore, and Two other members serve as directors at the Company.
Company Details
- Location
New Delhi, Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74899DL1996PLC081127
- Company No.
081127
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
12 Aug 1996
- Date of AGM
08 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Financial Services
Who are the key members and board of directors at Bhartiya Samruddhi Finance?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jagadeesh Paladi | CFO | 15-Sep-2023 | Current |
| Sattaiah Devarakonda | CEO | 29-Jun-2020 | Current |
Neha  | Company Secretary | 15-Sep-2023 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Manmath Dalai | Director | 18-May-2011 | Current |
| Anoop Kaul | Director | 15-Sep-2014 | Current |
| Parthasarathy Bangalore | Director | 27-Aug-2018 | Current |
| Trusha Shah | Director | 28-May-2021 | Current |
Financial Performance of Bhartiya Samruddhi Finance.
Bhartiya Samruddhi Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 68.25% increase. The company also saw a substantial improvement in profitability, with a 53.2% increase in profit. The company's net worth observed a substantial decline by a decrease of 68.08%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Bhartiya Samruddhi Finance?
In 2023, Bhartiya Samruddhi Finance had a promoter holding of 93.05% and a public holding of 6.96%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Boldswap Enterprises Private LimitedTrusha Shah is a mutual person
Sanghamithra Rural Financial ServicesParthasarathy Bangalore is a mutual person
Indian Grameen ServicesSattaiah Devarakonda is a mutual person
Sub-K Impact Solutions LimitedSattaiah Devarakonda is a mutual person
Reliance Realty LimitedTrusha Shah is a mutual person
Indsec Securities And Finance LtdTrusha Shah is a mutual person
Charges (Loans)
Open Charges
₹6.00 Cr
Satisfied Charges
₹2,809.99 Cr
Charges Breakdown by Lending Institutions
- Icici Bank Limited : 4.00 Cr
- Global Trust Bank Limited : 2.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Jun 2000 | Icici Bank Limited | ₹4.00 Cr | Open |
| 20 Mar 1999 | Global Trust Bank Limited | ₹2.00 Cr | Open |
| 26 Sep 2012 | Idbi Trusteeship Services Limited | ₹182.76 Cr | Satisfied |
| 30 Aug 2011 | Axis Bank Ltd | ₹20.00 Cr | Satisfied |
| 31 Mar 2011 | Central Bank Of India | ₹100.00 Cr | Satisfied |
How Many Employees Work at Bhartiya Samruddhi Finance?
Bhartiya Samruddhi Finance has a workforce of 3 employees as of Apr 08, 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 Bhartiya Samruddhi 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 Bhartiya Samruddhi 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 Bhartiya Samruddhi Finance
Recent activity within the organization
- Annual General Meeting
Bhartiya Samruddhi Finance Limited last Annual general meeting of members was held on 08 Sep 2023 as per latest MCA records.
- Charges
A charge registered on 18 Jan 2010 via Charge ID 10200875 with Citibank Na was fully satisfied on 28 Apr 2023.
- Charges
A charge registered on 12 Jun 2009 via Charge ID 10165638 with Citibank N.A. was fully satisfied on 28 Apr 2023.
- Balance Sheet
Bhartiya Samruddhi Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.
- Charges
A charge registered on 31 Oct 2002 via Charge ID 90062689 with Cordaid was fully satisfied on 29 Mar 2023.
- Charges
A charge registered on 07 Mar 2000 via Charge ID 90061925 with Cordaid was fully satisfied on 29 Mar 2023.
Frequently asked questions
What is the Incorporation or founding date of Bhartiya Samruddhi Finance Limited?
Bhartiya Samruddhi Finance Limited was incorporated on 12 Aug 1996.
What is authorized share capital and paid-up capital of Bhartiya Samruddhi Finance Limited?
The authorized share capital of Bhartiya Samruddhi Finance Limited is ₹ 560.00 Cr and paid-up capital is ₹ 528.09 Cr.
Who are the current board members & directors of Bhartiya Samruddhi Finance Limited?
Currently 8 directors are associated with Bhartiya Samruddhi Finance Limited.
- Anoop Kaul
- Manmath Kumar Dalai
- Parthasarathy Lakshmaiah Bangalore
- Jagadeesh Kumar Paladi
- Sattaiah Devarakonda
- Neha
- Trusha Deepak Shah
- Sattaiah Devarakonda
What is the registered address of Bhartiya Samruddhi Finance Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Bhartiya Samruddhi Finance Limited is F-5 Ground Floor Kailash Colony Greater Kailash Part - I, New Delhi, India, 110048.
What is the corporate identification number (CIN) and company number of Bhartiya Samruddhi Finance Limited?
The corporate identification number (CIN) of Bhartiya Samruddhi Finance Limited is U74899DL1996PLC081127 and the company number is 081127 as per Ministry of Corporate Affairs (MCA).
What is the official website of Bhartiya Samruddhi Finance Limited?
The Official website of Bhartiya Samruddhi Finance Limited is https://www.basixindia.com
What has been the recent revenue trend for Bhartiya Samruddhi Finance Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Bhartiya Samruddhi Finance Limited has risen by 68.25%.
How many employees does Bhartiya Samruddhi Finance Limited currently have?
As Per 2023 financial reports, 3 employees are currently employed by Bhartiya Samruddhi Finance Limited.
What change has been observed in the net worth of Bhartiya Samruddhi Finance Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Bhartiya Samruddhi Finance Limited has experienced an downturn of -68.08%.
What are the total open charges for Bhartiya Samruddhi Finance Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Bhartiya Samruddhi Finance Limited amount to ₹ 6.00 Cr.
When was the last Balance Sheet of Bhartiya Samruddhi Finance Limited filed with the ROC?
The most recent Balance Sheet for Bhartiya Samruddhi Finance Limited was filed with the ROC on 31 Mar 2023.
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