Bss Microfinance Limited

Provides micro-finance services to empower rural and urban poor women through various loan options.

1994 | Bangalore, Karnataka (India) | Active
Last Updated: July 04, 2024

Bss Microfinance Profile

Key Indicators

  • Authorised Capital ₹ 40.00 Cr
  • Paid Up Capital ₹ 26.73 Cr
  • Company Age 30 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 143.00 Cr
  • Satisfied Charges ₹ 1,464.58 Cr
  • Revenue Growth 116.77%
  • Profit Growth 257.87%
  • Ebitda 272.61%
  • Net Worth 88.31%
  • Total Assets 82.33%

About Bss Microfinance

Bss Microfinance Limited (BML) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 April 1994 and has a history of 30 years and ten months. Its registered office is in Bangalore, Karnataka, India.

The Corporate was formerly known as Bss Microfinance 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 40.00 Cr and a paid-up capital of Rs 26.73 Cr.

The company currently has active open charges totaling ₹143.00 Cr. The company has closed loans amounting to ₹1,464.58 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Bss Microfinance Limited India are Sankaranarayanan Kumar as Ceo, Suresh Batchu as Cfo, and Kavitha Balaraman as Company Secretary. Devarajan Kannan, Sambasivakumar Balasubramanian, Tapobrat Chaudhuri, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    bssmfi.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74899KA1994PLC049746

  • Company No.

    049746

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Apr 1994

  • Date of AGM

    29 May 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 Bss Microfinance?

Executive Team (3)

NameDesignationAppointment DateStatus
Sankaranarayanan Kumar Country flag representing In CEO27-Sep-2017Current
Suresh Batchu Country flag representing In CFO06-Aug-2015Current
Kavitha Balaraman Country flag representing In Company Secretary16-Jul-2018Current

Board Members (4)

NameDesignationAppointment DateStatus
Devarajan Kannan Country flag representing In Director 27-Sep-2017Current
Sambasivakumar Balasubramanian Country flag representing In Director 27-Sep-2017Current
Tapobrat Chaudhuri Country flag representing In Director 13-Sep-2021Current
Shwetha Kalappa Country flag representing In Additional Director 28-Jun-2023Current

Financial Performance of Bss Microfinance.

Bss Microfinance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 116.77% increase. The company also saw a substantial improvement in profitability, with a 257.87% increase in profit. The company's net worth Soared by an impressive increase of 88.31%.

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
116.77%
Revenue from Operations
115.94%
Total Assets
82.33%
Profit or Loss
257.87%
Net Worth
88.31%
EBITDA
272.61%

What is the Ownership and Shareholding Structure of Bss Microfinance?

In 2023, Bss Microfinance had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹143.00 Cr

Satisfied Charges

₹1,464.58 Cr

Charges Breakdown by Lending Institutions

  • Others : 101.00 Cr
  • Mas Financial Services Limited : 32.00 Cr
  • Idbi Bank Limited : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
29 Nov 2016Others₹25.00 CrOpen
27 Oct 2016Others₹25.00 CrOpen
22 Jul 2016Others₹10.00 CrOpen
07 Jun 2016Others₹16.00 CrOpen
15 Feb 2016Mas Financial Services Limited₹10.00 CrOpen

How Many Employees Work at Bss Microfinance?

Bss Microfinance has a workforce of 7267 employees as of Apr 07, 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 Bss Microfinance, 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 Bss Microfinance'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 Bss Microfinance

Recent activity within the organization

  • Director Appointment

    Shwetha Kalappa was appointed as a Additional Director was appointed as a Additional Director on 28 Jun 2023 & has been associated with this company since 1 year 7 months .

    28 Jun 2023

  • Annual General Meeting

    Bss Microfinance Limited last Annual general meeting of members was held on 29 May 2023 as per latest MCA records.

    29 May 2023

  • Balance Sheet

    Bss Microfinance Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Tapobrat Chaudhuri was appointed as a Director was appointed as a Director on 13 Sep 2021 & has been associated with this company since 3 years 5 months .

    13 Sep 2021

  • Charges

    A charge registered on 29 Dec 2015 via Charge ID 10609827 with Uco Bank was fully satisfied on 25 Jan 2021.

    25 Jan 2021

  • Charges

    A charge registered on 08 Aug 2016 via Charge ID 100045979 with State Bank Of India was fully satisfied on 17 Oct 2020.

    17 Oct 2020

Recent News, Updates & Announcement

Frequently asked questions

  • Bss Microfinance Limited was incorporated on 05 Apr 1994.

  • The authorized share capital of Bss Microfinance Limited is ₹ 40.00 Cr and paid-up capital is ₹ 26.73 Cr.

  • Currently 7 directors are associated with Bss Microfinance Limited.

    • Devarajan Kannan
    • Sambasivakumar Balasubramanian
    • Tapobrat Chaudhuri
    • Shwetha Kalappa
    • Sankaranarayanan Kumar
    • Suresh Batchu
    • Kavitha Perumal Balaraman
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bss Microfinance Limited is No.11 2Nd Block 2Nd Stage Outer Ring Road, Near Bda Complex Nagarabhavi Layout, Bangalore, Karnataka, India, 560072.

  • The corporate identification number (CIN) of Bss Microfinance Limited is U74899KA1994PLC049746 and the company number is 049746 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bss Microfinance Limited is https://www.bssmfi.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bss Microfinance Limited has risen by 116.77%.

  • As Per 2023 financial reports, 7267 employees are currently employed by Bss Microfinance Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bss Microfinance Limited has experienced an upsurge of 88.31%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bss Microfinance Limited amount to ₹ 143.00 Cr.

  • The most recent Balance Sheet for Bss Microfinance Limited was filed with the ROC on 31 Mar 2023.

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