Blend Financial Services Limited

Provides financial services and advisory, including debt syndication, trade finance, and mergers and acquisitions.

1997 | Mumbai, Maharashtra (India) | Active
Last Updated:

Blend Financial Services Profile

Key Indicators

  • Authorised Capital ₹ 18.00 Cr
  • Paid Up Capital ₹ 12.60 Cr
  • Company Age 27 Year, 5 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 five 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

Business Outsourcing
Company report

Blend Financial Services Limited

Explore comprehensive data for Blend Financial Services Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Ravi Gupta Country flag representing In Managing Director04-Dec-1997Current
Sukesh Pansari CFO25-Mar-2019Current
Payal Baid Company Secretary14-Nov-2024Current

Board Members (4)

NameDesignationAppointment DateStatus
Premakumar Kanjilil Country flag representing In Director 01-Jun-2018Current
Vaibhavi Thakkar Country flag representing In Whole-Time Director 15-Apr-2007Current
Kailash Gupta Country flag representing In Whole-Time Director 04-Dec-1997Current
Tity Placheri Country flag representing In Additional Director 27-Aug-2024Current

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%.

Blend Financial Services revenue growth over time
Blend Financial Services 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
24.02%
Revenue from Operations
24.52%
Total Assets
18.35%
Profit or Loss
248.59%
Net Worth
1.05%
EBITDA
-27.99%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.05 Cr

Satisfied Charges

₹13.60 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 2.50 Cr
  • Others : 1.55 Cr

Latest Charge Details

DateLenderAmountStatus
18 Nov 2022Hdfc Bank Limited₹2.50 CrOpen
24 Aug 2022Others₹1.55 CrOpen
28 Sep 2018Bank Of India₹3.00 CrSatisfied
29 Feb 2012Icici Bank Limited₹1.70 CrSatisfied
25 May 2011Dhanlaxmi Bank Limited₹4.05 CrSatisfied

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.

Employee growth trends for Blend Financial Services Limited

Deals i

Graph showing company valuation over time

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

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 Blend Financial Services

Recent activity within the organization

  • Director Appointment

    Payal Baid was appointed as a Company Secretary was appointed as a Company Secretary on 14 Nov 2024 & has been associated with this company since 5 months 27 days .

  • Director Appointment

    Tity Thomas Placheri was appointed as a Additional Director was appointed as a Additional Director on 27 Aug 2024 & has been associated with this company since 8 months 14 days .

  • Annual General Meeting

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

  • Balance Sheet

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

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.50 Cr with Charge ID 100647758 was registered on 18 Nov 2022.

  • Charges

    A charge with Others amounted to Rs. 1.55 Cr with Charge ID 100621213 was registered on 24 Aug 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Blend Financial Services Limited?

    Blend Financial Services Limited was incorporated on 04 Dec 1997.

  • What is authorized share capital and paid-up capital of Blend Financial Services Limited?

    The authorized share capital of Blend Financial Services Limited is ₹ 18.00 Cr and paid-up capital is ₹ 12.60 Cr.

  • Who are the current board members & directors of Blend Financial Services Limited?

    Currently 7 directors are associated with Blend Financial Services Limited.

    • Vaibhavi Mahendrakumar Thakkar
    • Ravi Kailashchandra Gupta
    • Kailash Chandra Bhagwandas Gupta
    • Premakumar Govindan Kutty Menon Kanjilil
    • Tity Thomas Placheri
    • Sukesh Kumar Pansari
    • Payal Baid

  • What is the registered address of Blend Financial Services Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Blend Financial Services Limited is 404 4Th Floor C- Wing Pramukh Plaza Cardinal Gracious Road Chakala Andheri (East), India, Mumbai, Maharashtra, 400099.

  • What is the corporate identification number (CIN) and company number of Blend Financial Services Limited?

    The corporate identification number (CIN) of Blend Financial Services Limited is U67190MH1997PLC112262 and the company number is 112262 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Blend Financial Services Limited?

    The Official website of Blend Financial Services Limited is https://www.blendfinance.com

  • What has been the recent revenue trend for Blend Financial Services Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Blend Financial Services Limited has risen by 24.02%.

  • How many employees does Blend Financial Services Limited currently have?

    As Per 2023 financial reports, 73 employees are currently employed by Blend Financial Services Limited.

  • What change has been observed in the net worth of Blend Financial Services Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Blend Financial Services Limited has experienced an upsurge of 1.05%.

  • What are the total open charges for Blend Financial Services Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Blend Financial Services Limited amount to ₹ 4.05 Cr.

  • When was the last Balance Sheet of Blend Financial Services Limited filed with the ROC?

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

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