Blend Financial Services Profile
Key Indicators
- Authorised Capital ₹ 18.00 Cr
- Paid Up Capital ₹ 12.60 Cr
- Company Age 27 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.05 Cr
- Satisfied Charges ₹ 13.60 Cr
- Revenue Growth 24.02%
- Profit Growth 248.59%
- Ebitda -27.99%
- Net Worth 1.05%
- Total Assets 18.35%
About Blend Financial Services
Blend Financial Services Limited (BFSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 04 December 1997 and has a history of 27 years and two months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Blend Financial Services Private Limited. The Company is engaged in the Business Outsourcing 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 18.00 Cr and a paid-up capital of Rs 12.60 Cr.
The company currently has active open charges totaling ₹4.05 Cr. The company has closed loans amounting to ₹13.60 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Blend Financial Services Limited India are Sukesh Pansari as CFO and Payal Baid as Company Secretary. Vaibhavi Thakkar, Ravi Gupta, Kailash Gupta, and Two other members 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
U67190MH1997PLC112262
- Company No.
112262
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
04 Dec 1997
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Blend Financial Services?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ravi Gupta  | Managing Director | 04-Dec-1997 | Current |
| Sukesh Pansari | CFO | 25-Mar-2019 | Current |
| Payal Baid | Company Secretary | 14-Nov-2024 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Premakumar Kanjilil | Director | 01-Jun-2018 | Current |
| Vaibhavi Thakkar | Whole-Time Director | 15-Apr-2007 | Current |
| Kailash Gupta | Whole-Time Director | 04-Dec-1997 | Current |
| Tity Placheri | Additional Director | 27-Aug-2024 | Current |
Financial Performance of Blend Financial Services.
Blend Financial Services Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 24.02% increase. The company also saw a substantial improvement in profitability, with a 248.59% increase in profit. The company's net worth moved up by a moderate rise of 1.05%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Blend Financial Services?
In 2023, Blend Financial Services had a promoter holding of 90.74% and a public holding of 9.27%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Prowess Insurance Brokers Private LimitedKailash Gupta is a mutual person
Blue Creed LlpVaibhavi Thakkar is a mutual person
- Kk & Rp Ventures Llp
Ravi Gupta and Kailash Gupta are mutual person
- Ambuja Consultancy Services Private Limited
Ravi Gupta and Kailash Gupta are mutual person
- Beehive Ayurved And Herbals Private Limited
Premakumar Kanjilil is a mutual person
Charges (Loans)
₹4.05 Cr
₹13.60 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 2.50 Cr
- Others : 1.55 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Nov 2022 | Hdfc Bank Limited | ₹2.50 Cr | Open |
| 24 Aug 2022 | Others | ₹1.55 Cr | Open |
| 28 Sep 2018 | Bank Of India | ₹3.00 Cr | Satisfied |
| 29 Feb 2012 | Icici Bank Limited | ₹1.70 Cr | Satisfied |
| 25 May 2011 | Dhanlaxmi Bank Limited | ₹4.05 Cr | Satisfied |
How Many Employees Work at Blend Financial Services?
Blend Financial Services has a workforce of 73 employees as of Apr 01, 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 Blend 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 Blend Financial Services'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.
