Branch International Financial Services Profile
Key Indicators
- Authorised Capital ₹ 100.00 Cr
- Paid Up Capital ₹ 92.35 Cr
- Company Age 7 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 713.66 Cr
- Satisfied Charges ₹ 42.00 Cr
- Revenue Growth -7.85%
- Profit Growth -329.07%
- Ebitda -458.47%
- Net Worth 47.89%
- Total Assets 36.63%
About Branch International Financial Services
Branch International Financial Services Private Limited (BIFSPL) is a Private Limited Foreign Company Incorporated In India incorporated in India on 23 June 2017 (Seven years and nine months 5 days old ). Its registered office is in Mumbai, Maharashtra, 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 2024. It's a company limited by shares with an authorized capital of Rs 100.00 Cr and a paid-up capital of Rs 92.35 Cr.
The company currently has active open charges totaling ₹713.66 Cr. The company has closed loans amounting to ₹42.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Branch International Financial Services Private Limited India is Mayur Chhawsaria as COMPANY SECRETARY. Matthew Flannery and Neeraj Gupta 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
U65929MH2017FTC296528
- Company No.
296528
- Company Classification
Private Limited Foreign Company Incorporated In India
- Incorporation Date
23 Jun 2017
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Who are the key members and board of directors at Branch International Financial Services?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mayur Chhawsaria | Company Secretary | 19-Apr-2024 | Current |
Neeraj Gupta  | Managing Director | 06-Aug-2020 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Matthew Flannery  | Director | 23-Jun-2017 | Current |
Financial Performance of Branch International Financial Services.
Branch International Financial Services Private Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 7.85% decrease. The company also saw a substantial fall in profitability, with a 329.07% decrease in profit. The company's net worth Soared by an impressive increase of 47.89%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Branch International Financial Services?
In 2021, Branch International Financial Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sgx Minerals Private LimitedMayur Chhawsaria is a mutual person
Branch Technologies India Private LimitedNeeraj Gupta is a mutual person
- Jaariv Services Private Limited
Neeraj Gupta is a mutual person
Charges (Loans)
Open Charges
₹713.66 Cr
Satisfied Charges
₹42.00 Cr
Charges Breakdown by Lending Institutions
- Others : 703.66 Cr
- Yes Bank Limited : 10.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Nov 2024 | Others | ₹5.00 Cr | Open |
| 21 Nov 2024 | Others | ₹5.00 Cr | Open |
| 20 Nov 2024 | Others | ₹5.71 Cr | Open |
| 29 Oct 2024 | Others | ₹15.00 Cr | Open |
| 29 Oct 2024 | Others | ₹2.70 Cr | Open |
How Many Employees Work at Branch International Financial Services?
Branch International Financial Services has a workforce of 138 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 Branch International 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 Branch International 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.
Latest Updates, News, and FAQs on Branch International Financial Services
Recent activity within the organization
- Charges
A charge registered on 30 Apr 2024 via Charge ID 100913341 with Others was fully satisfied on 11 Dec 2024.
- Charges
A charge with Others of Rs. 35.00 Cr registered on 18 Oct 2024 with Charge ID 100998155 was modified on 25 Nov 2024.
- Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101010616 was registered on 23 Nov 2024.
- Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101015696 was registered on 21 Nov 2024.
- Charges
A charge with Others amounted to Rs. 5.71 Cr with Charge ID 101009334 was registered on 20 Nov 2024.
- Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100999522 was registered on 29 Oct 2024.
Recent News, Updates & Announcement
- Branch Secures $170M and Partners with Visa for Virtual Debit Cards, Making Major Impact in Developing Nations.
Branch: Gives loans to poor countries, gets $170M and teams up with Visa for virtual debit cards. #BossMoves #HelpingTheWorld #MoneyMoneyMoney.
- Mobile app-based lender startup, Branch International, enters India.
In India, Branch is using mobile technology to break through demographic and geographical barriers to reach first-time borrowers..
- Branch Seeks KES 500M To Become A Fully Fledged Bank - Kenyan Wall Street.
Branch International Kenya is seeking to raise Ksh500 million through a six-month commercial paper as it accelerates its move to start offering virtual.
Frequently asked questions
What is the Incorporation or founding date of Branch International Financial Services Private Limited?
Branch International Financial Services Private Limited was incorporated on 23 Jun 2017.
What is authorized share capital and paid-up capital of Branch International Financial Services Private Limited?
The authorized share capital of Branch International Financial Services Private Limited is ₹ 100.00 Cr and paid-up capital is ₹ 92.35 Cr.
Who are the current board members & directors of Branch International Financial Services Private Limited?
Currently 3 directors are associated with Branch International Financial Services Private Limited.
- Matthew Joseph Flannery
- Mayur Jitendra Chhawsaria
- Neeraj Gupta
What is the registered address of Branch International Financial Services Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Branch International Financial Services Private Limited is 01 Awfis Space Solutions 4Th Floor Vios Towers Off Eastern Express Highway, Sewri-Chembur Road India, Mumbai, Maharashtra, 400037.
What is the corporate identification number (CIN) and company number of Branch International Financial Services Private Limited?
The corporate identification number (CIN) of Branch International Financial Services Private Limited is U65929MH2017FTC296528 and the company number is 296528 as per Ministry of Corporate Affairs (MCA).
What is the official website of Branch International Financial Services Private Limited?
The Official website of Branch International Financial Services Private Limited is https://www.branchapp.in
What has been the recent revenue trend for Branch International Financial Services Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Branch International Financial Services Private Limited has fallen by -7.85%.
How many employees does Branch International Financial Services Private Limited currently have?
As Per 2021 financial reports, 138 employees are currently employed by Branch International Financial Services Private Limited.
What change has been observed in the net worth of Branch International Financial Services Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Branch International Financial Services Private Limited has experienced an upsurge of 47.89%.
What are the total open charges for Branch International Financial Services Private Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Branch International Financial Services Private Limited amount to ₹ 713.66 Cr.
When was the last Balance Sheet of Branch International Financial Services Private Limited filed with the ROC?
The most recent Balance Sheet for Branch International Financial Services Private Limited was filed with the ROC on 31 Mar 2024.
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