Business Algorithms Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
as on 17-11-2024
- Paid Up Capital ₹ 0.70 M
as on 17-11-2024
- Company Age 30 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 238.11 Cr
as on 17-11-2024
- Revenue -0.15%
(FY 2023)
- Profit 101.96%
(FY 2023)
- Ebitda -60.67%
(FY 2023)
- Net Worth 29.49%
(FY 2023)
- Total Assets 27.27%
(FY 2023)
About Business Algorithms
The Company is engaged in the Information Technology 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 1.00 M and a paid-up capital of Rs 0.70 M.
The company currently has active open charges totaling ₹238.11 Cr.
Prashant Ugemuge and Jyotsana Ugemuge serve as directors at the Company.
- CIN/LLPIN
U72900MH1994PTC080566
- Company No.
080566
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
24 Aug 1994
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Nagpur, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Business Algorithms Private Limited offer?
Business Algorithms Private Limited offers a wide range of products and services, including Heater, Thermostat & Heating Devices, Water Heater & Geyser, Electric Water Heater.
Who are the key members and board of directors at Business Algorithms?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prashant Ugemuge  | Director | 01-Aug-2022 | Current |
| Jyotsana Ugemuge | Director | 01-Aug-2022 | Current |
Financial Performance of Business Algorithms.
Business Algorithms Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.15% decrease. The company also saw a substantial improvement in profitability, with a 101.96% increase in profit. The company's net worth Soared by an impressive increase of 29.49%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Business Algorithms?
In 2023, Business Algorithms 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)
Vipl Infrastructure Private LimitedActive 12 years 8 monthsPrashant Ugemuge and Jyotsana Ugemuge are mutual person
Vipl Farms Private LimitedActive 12 years 6 monthsPrashant Ugemuge and Jyotsana Ugemuge are mutual person
Vidarbha Infotech Private LimitedActive 24 years 2 monthsPrashant Ugemuge and Jyotsana Ugemuge are mutual person
Vidarbha Amusement Park Private LimitedActive 7 years 4 monthsPrashant Ugemuge and Jyotsana Ugemuge are mutual person
Sufalam Industries LimitedActive 4 years 6 monthsPrashant Ugemuge and Jyotsana Ugemuge are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Shikshak Sahakari Bank Limited Creation Date: 28 Mar 2024 | ₹4.60 Cr | Open |
Others Creation Date: 02 Mar 2024 | ₹10.00 Cr | Open |
Others Creation Date: 08 Dec 2023 | ₹223.50 Cr | Open |
How Many Employees Work at Business Algorithms?
Business Algorithms has a workforce of 19 employees as of Apr 04, 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 Business Algorithms, 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 Business Algorithms'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.
