Essel Finance Business Loans Profile
Key Indicators
- Authorised Capital ₹ 120.00 Cr
- Paid Up Capital ₹ 114.81 Cr
- Company Age 29 Year, 19 Days
- Last Filing with ROC 31 Mar 2022
- Satisfied Charges ₹ 412.00 Cr
- Revenue Growth -98.49%
- Profit Growth 96.68%
- Ebitda -508.06%
- Net Worth -2.02%
- Total Assets -7.76%
About Essel Finance Business Loans
Essel Finance Business Loans Limited (EFBLL) is a Public Limited Indian Non-Government Company incorporated in India on 08 March 1996 and has a history of 29 years. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Blue Blends Equity 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 2022. It's a company limited by shares with an authorized capital of Rs 120.00 Cr and a paid-up capital of Rs 114.81 Cr.
The company has closed loans amounting to ₹412.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Essel Finance Business Loans Limited India is Madan Jalan as COMPANY SECRETARY. Vibhu Agarwal, Jignesh Gandhi, Piyush Rajgarhia, and One other member 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
U65990MH1996PLC097941
- Company No.
097941
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
08 Mar 1996
- Date of AGM
30 Sep 2022
- Date of Balance Sheet
31 Mar 2022
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Who are the key members and board of directors at Essel Finance Business Loans?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Madan Jalan  | Company Secretary | 04-Jan-2022 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vibhu Agarwal | Director | 14-Feb-2020 | Current |
| Jignesh Gandhi | Director | 05-Oct-2020 | Current |
| Piyush Rajgarhia | Director | 23-Dec-2019 | Current |
| Seema Jalan | Director | 04-Jan-2022 | Current |
Financial Performance of Essel Finance Business Loans.
Essel Finance Business Loans Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 98.49% decrease. The company also saw a substantial improvement in profitability, with a 96.68% increase in profit. The company's net worth dipped by a decrease of 2.02%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Essel Finance Business Loans?
In 2021, Essel Finance Business Loans 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)
Essel Advisors LimitedSeema Jalan is a mutual person
Supreme Consulting And Advisory Services LimitedVibhu Agarwal is a mutual person
Zingool Unimedia LimitedPiyush Rajgarhia is a mutual person
Bzinga Technologies Private LimitedPiyush Rajgarhia is a mutual person
- Omnitrade Marketing Services Private Limited
Piyush Rajgarhia is a mutual person
- Bzinga Convergence Technologies Private Limited
Piyush Rajgarhia is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹412.00 Cr
Charges Breakdown by Lending Institutions
- Others : 291.00 Cr
- Ifmr Capital Finance Private Limited : 39.00 Cr
- Idbi Trusteeship Services Limited : 22.00 Cr
- The Catholic Syrian Bank Ltd : 15.00 Cr
- Housing Development Finance Corporation Limited : 15.00 Cr
- Others : 30.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Nov 2018 | Others | ₹7.00 Cr | Satisfied |
| 25 Aug 2018 | Others | ₹35.00 Cr | Satisfied |
| 21 Aug 2018 | Others | ₹20.00 Cr | Satisfied |
| 10 Aug 2018 | Others | ₹10.00 Cr | Satisfied |
| 27 Jul 2018 | Tata Capital Financial Services Limited | ₹5.00 Cr | Satisfied |
How Many Employees Work at Essel Finance Business Loans?
Essel Finance Business Loans has a workforce of 2 employees as of Mar 23, 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 Essel Finance Business Loans, 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 Essel Finance Business Loans'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 Essel Finance Business Loans
Recent activity within the organization
- Annual General Meeting
Essel Finance Business Loans Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
- Balance Sheet
Essel Finance Business Loans Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.
- Director Appointment
Madan Gopal Jalan was appointed as a Company Secretary was appointed as a Company Secretary on 04 Jan 2022 & has been associated with this company since 3 years 2 months .
- Director Appointment
Seema Jalan was appointed as a Director was appointed as a Director on 04 Jan 2022 & has been associated with this company since 3 years 2 months .
- Charges
A charge registered on 22 Mar 2018 via Charge ID 100169726 with Others was fully satisfied on 20 Jul 2021.
- Charges
A charge registered on 05 Dec 2017 via Charge ID 100144623 with Others was fully satisfied on 20 Jul 2021.
Recent News, Updates & Announcement
Essel MF acquisition by Sachin Bansal's BAC gets CCI nod under green channel | Mint.This is the first clearance under the 'green channel' route, a speedier approval mechanism put in place by the CCI.A joint application by BAC Acquisitions and Essel Finance AMC was considered by the CCI for approval.
- Flipkart founder Sachin Bansal in talks to buy out Essel Mutual Fund.
The business news channel said Bansal is in advanced talks with the Goyals of Zee Group to buy out Essel Mutual Fund. He aims to transform it into a tech-backed platform..
Frequently asked questions
What is the Incorporation or founding date of Essel Finance Business Loans Limited?
Essel Finance Business Loans Limited was incorporated on 08 Mar 1996.
What is authorized share capital and paid-up capital of Essel Finance Business Loans Limited?
The authorized share capital of Essel Finance Business Loans Limited is ₹ 120.00 Cr and paid-up capital is ₹ 114.81 Cr.
Who are the current board members & directors of Essel Finance Business Loans Limited?
Currently 5 directors are associated with Essel Finance Business Loans Limited.
- Vibhu Agarwal
- Jignesh Prakash Gandhi
- Madan Gopal Jalan
- Piyush Rajgarhia
- Seema Jalan
What is the registered address of Essel Finance Business Loans Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Essel Finance Business Loans Limited is Marathon Futurex 18Th Floor A Wing Nm Joshi Marg Lower Parel, India, Mumbai, Maharashtra, 400013.
What is the corporate identification number (CIN) and company number of Essel Finance Business Loans Limited?
The corporate identification number (CIN) of Essel Finance Business Loans Limited is U65990MH1996PLC097941 and the company number is 097941 as per Ministry of Corporate Affairs (MCA).
What is the official website of Essel Finance Business Loans Limited?
The Official website of Essel Finance Business Loans Limited is https://www.esselgroup.com
What has been the recent revenue trend for Essel Finance Business Loans Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Essel Finance Business Loans Limited has fallen by -98.49%.
How many employees does Essel Finance Business Loans Limited currently have?
As Per 2021 financial reports, 2 employees are currently employed by Essel Finance Business Loans Limited.
What change has been observed in the net worth of Essel Finance Business Loans Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Essel Finance Business Loans Limited has experienced an downturn of -2.02%.
When was the last Balance Sheet of Essel Finance Business Loans Limited filed with the ROC?
The most recent Balance Sheet for Essel Finance Business Loans Limited was filed with the ROC on 31 Mar 2022.
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