Bitc Loan Services Private Limited

Provides educational and management consultancy, financing, and financial intermediation services since 2013.

2013 | Mumbai, Maharashtra (India) | Active
Last Updated: November 17, 2024

Bitc Loan Services Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.64 Cr
  • Company Age 11 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.50 Cr
  • Satisfied Charges ₹ 1.10 Cr
  • Revenue Growth -32.71%
  • Profit Growth 53.06%
  • Ebitda 212.41%
  • Net Worth 5.82%
  • Total Assets 18.02%

About Bitc Loan Services

Bitc Loan Services Private Limited (BLSPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 August 2013 and has a history of 11 years and six months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Bitc Finvest Services Private Limited. 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 2.00 Cr and a paid-up capital of Rs 1.64 Cr.

The company currently has active open charges totaling ₹1.50 Cr. The company has closed loans amounting to ₹1.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

Gurmeet Kaur, Gurusharn Singh, and Banit Sawhney serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65100MH2013PTC246618

  • Company No.

    246618

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Aug 2013

  • Date of AGM

    23 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Bitc Loan Services?

Board Members (3)

Name Designation Appointment Date Status
Gurusharn Singh Country flag representing In Director 23-Jun-2022 Current
Gurmeet Kaur Country flag representing In Director 03-May-2024 Current
Banit Sawhney Country flag representing In Director 02-Aug-2013 Current

Financial Performance of Bitc Loan Services.

Bitc Loan Services Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 32.71% decrease. The company also saw a substantial improvement in profitability, with a 53.06% increase in profit. The company's net worth moved up by a moderate rise of 5.82%.

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
-32.71%
Revenue from Operations
-33.08%
Total Assets
18.02%
Profit or Loss
53.06%
Net Worth
5.82%
EBITDA
212.41%

What is the Ownership and Shareholding Structure of Bitc Loan Services?

Unlock access to Bitc Loan Services's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.50 Cr

Satisfied Charges

₹1.10 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 1.50 Cr

Latest Charge Details

Date Lender Amount Status
30 May 2024 Hdfc Bank Limited ₹1.50 Cr Open
24 Feb 2016 Oriental Bank Of Commerce ₹4.00 M Satisfied
27 Dec 2014 Oriental Bank Of Commerce ₹7.00 M Satisfied

How Many Employees Work at Bitc Loan Services?

Unlock and access historical data on people associated with Bitc Loan Services, 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 Bitc Loan 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 Bitc Loan 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 Bitc Loan Services

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.50 Cr with Charge ID 100929865 was registered on 30 May 2024.

    30 May 2024

  • Director Appointment

    Gurmeet Sawhney Kaur was appointed as a Director was appointed as a Director on 03 May 2024 & has been associated with this company since 9 months .

    03 May 2024

  • Annual General Meeting

    Bitc Loan Services Private Limited last Annual general meeting of members was held on 23 Sep 2023 as per latest MCA records.

    23 Sep 2023

  • Balance Sheet

    Bitc Loan Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Gurusharn Sawhney Singh was appointed as a Director was appointed as a Director on 23 Jun 2022 & has been associated with this company since 2 years 7 months .

    23 Jun 2022

  • Charges

    A charge registered on 24 Feb 2016 via Charge ID 10623572 with Oriental Bank Of Commerce was fully satisfied on 30 Oct 2017.

    30 Oct 2017

Frequently asked questions

  • Bitc Loan Services Private Limited was incorporated on 02 Aug 2013.

  • The authorized share capital of Bitc Loan Services Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.64 Cr.

  • Currently 3 directors are associated with Bitc Loan Services Private Limited.

    • Gurmeet Sawhney Kaur
    • Gurusharn Sawhney Singh
    • Banit Singh Sawhney
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bitc Loan Services Private Limited is Dheeraj Heritage Premises Chs Ltd. Shop No. 33 2Nd Floor S V Road Near Milan Mall, Sa Ntacruz(W) India, Mumbai, Maharashtra, 400054.

  • The corporate identification number (CIN) of Bitc Loan Services Private Limited is U65100MH2013PTC246618 and the company number is 246618 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bitc Loan Services Private Limited is https://www.issc.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bitc Loan Services Private Limited has fallen by -32.71%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bitc Loan Services Private Limited has experienced an upsurge of 5.82%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bitc Loan Services Private Limited amount to ₹ 1.50 Cr.

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

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