Billionloans Financial Services Private Limited

Online lending platform connecting borrowers and lenders, offering loans with or without security.

2016 | Bangalore, Karnataka (India) | Active
Last Updated: June 17, 2024

Billionloans Financial Services Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 8 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 104.14%
  • Profit Growth -47.78%
  • Ebitda 89.87%
  • Net Worth -21.26%
  • Total Assets 58.27%

About Billionloans Financial Services

Billionloans Financial Services Private Limited (BFSPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 09 November 2016 (Eight years and two months 23 days old ). Its registered office is in Bangalore, Karnataka, 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 5.00 Cr and a paid-up capital of Rs 1.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mohit Charnalia, Balakrishnan Venkatraman, and Rangan Varadan serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999KA2016PTC097681

  • Company No.

    097681

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Nov 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services

Who are the key members and board of directors at Billionloans Financial Services?

Board Members (3)

NameDesignationAppointment DateStatus
Balakrishnan Venkatraman Country flag representing In Director 04-Jul-2017Current
Mohit Charnalia Country flag representing In Director 09-Nov-2016Current
Rangan Varadan Country flag representing In Director 09-Nov-2016Current

Financial Performance of Billionloans Financial Services.

Billionloans Financial Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 104.14% increase. The company also saw a substantial fall in profitability, with a 47.78% decrease in profit. The company's net worth observed a substantial decline by a decrease of 21.26%.

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
104.14%
Revenue from Operations
107.78%
Total Assets
58.27%
Profit or Loss
-47.78%
Net Worth
-21.26%
EBITDA
89.87%

What is the Ownership and Shareholding Structure of Billionloans Financial Services?

In 2023, Billionloans Financial Services had a promoter holding of 67.41% and a public holding of 32.59%. The company had 1 Subsidiary. 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 Billionloans Financial Services?

Billionloans Financial Services has a workforce of 4 employees as of Apr 04, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Billionloans Financial Services, 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 Billionloans Financial Services'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 Billionloans Financial Services

Recent activity within the organization

  • Annual General Meeting

    Billionloans Financial Services Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Billionloans Financial Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Balakrishnan Venkatraman was appointed as a Director was appointed as a Director on 04 Jul 2017 & has been associated with this company since 7 years 6 months .

    04 Jul 2017

  • Director Appointment

    Mohit Charnalia was appointed as a Director was appointed as a Director on 09 Nov 2016 & has been associated with this company since 8 years 2 months .

    09 Nov 2016

  • Director Appointment

    Rangan Varadan was appointed as a Director was appointed as a Director on 09 Nov 2016 & has been associated with this company since 8 years 2 months .

    09 Nov 2016

  • Company Incorporation

    Billionloans Financial Services Private Limited was registered on 09 Nov 2016 with Roc Bangalore & aged 8 years 2 months as per MCA records.

    09 Nov 2016

Recent News, Updates & Announcement

Frequently asked questions

  • Billionloans Financial Services Private Limited was incorporated on 09 Nov 2016.

  • The authorized share capital of Billionloans Financial Services Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 1.50 Cr.

  • Currently 3 directors are associated with Billionloans Financial Services Private Limited.

    • Mohit Charnalia
    • Balakrishnan Venkatraman
    • Rangan Varadan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Billionloans Financial Services Private Limited is No. 370 4Th Cross J. P. Nagar Iii Phase, Bangalore, Karnataka, India, 560078.

  • The corporate identification number (CIN) of Billionloans Financial Services Private Limited is U74999KA2016PTC097681 and the company number is 097681 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Billionloans Financial Services Private Limited is https://www.billionloans.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Billionloans Financial Services Private Limited has risen by 104.14%.

  • As Per 2023 financial reports, 4 employees are currently employed by Billionloans Financial Services Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Billionloans Financial Services Private Limited has experienced an downturn of -21.26%.

  • The most recent Balance Sheet for Billionloans Financial Services Private Limited was filed with the ROC on 31 Mar 2023.

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