Phoenix Business Initiatives Private Limited

Healthcare BPO providing revenue cycle management, coding, and transcription services since 2018.

2018 | Chennai, Tamil Nadu (India) | Active
Last Updated: January 25, 2025

Phoenix Business Initiatives Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 6 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.00 M
  • Revenue Growth 14.21%
  • Profit Growth 35.70%
  • Ebitda 31.06%
  • Net Worth 116.82%
  • Total Assets 21.25%

About Phoenix Business Initiatives

Phoenix Business Initiatives Private Limited (PBIPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 September 2018 (Six years and four months 25 days old ). Its registered office is in Chennai, Tamil Nadu, India.

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 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹1.00 M.

Vandavasi Vishnupriya and Sundar Krishnamoorthy serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    pbisglobal.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999TN2018PTC124778

  • Company No.

    124778

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Sep 2018

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Business Outsourcing

Who are the key members and board of directors at Phoenix Business Initiatives?

Board Members (2)

Name Designation Appointment Date Status
Sundar Krishnamoorthy Country flag representing In Director 20-Sep-2018 Current
Vandavasi Vishnupriya Country flag representing In Whole-Time Director 08-Sep-2021 Current

Financial Performance of Phoenix Business Initiatives.

Phoenix Business Initiatives Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.21% increase. The company also saw a substantial improvement in profitability, with a 35.7% increase in profit. The company's net worth Soared by an impressive increase of 116.82%.

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
14.21%
Revenue from Operations
14.21%
Total Assets
21.25%
Profit or Loss
35.70%
Net Worth
116.82%
EBITDA
31.06%

What is the Ownership and Shareholding Structure of Phoenix Business Initiatives?

Unlock access to Phoenix Business Initiatives's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.10 Cr

Latest Charge Details

Date Lender Amount Status
30 Aug 2019 Others ₹1.00 M Open

How Many Employees Work at Phoenix Business Initiatives?

Phoenix Business Initiatives has a workforce of 45 employees as of Apr 09, 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 Phoenix Business Initiatives, 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 Phoenix Business Initiatives'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 Phoenix Business Initiatives

Recent activity within the organization

  • Annual General Meeting

    Phoenix Business Initiatives Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Phoenix Business Initiatives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Vandavasi Venkataramani Vishnupriya was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 08 Sep 2021 & has been associated with this company since 3 years 5 months .

    08 Sep 2021

  • Charges

    A charge with Others amounted to Rs. 1.00 M with Charge ID 100288897 was registered on 30 Aug 2019.

    30 Aug 2019

  • Director Appointment

    Sundar Krishnamoorthy was appointed as a Director was appointed as a Director on 20 Sep 2018 & has been associated with this company since 6 years 4 months .

    20 Sep 2018

  • Company Incorporation

    Phoenix Business Initiatives Private Limited was registered on 20 Sep 2018 with Roc Chennai & aged 6 years 4 months as per MCA records.

    20 Sep 2018

Frequently asked questions

  • Phoenix Business Initiatives Private Limited was incorporated on 20 Sep 2018.

  • The authorized share capital of Phoenix Business Initiatives Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Phoenix Business Initiatives Private Limited.

    • Vandavasi Venkataramani Vishnupriya
    • Sundar Krishnamoorthy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Phoenix Business Initiatives Private Limited is B4, Rams Flat 3/3 8Th Street Gopalapuram India, Chennai, Tamil Nadu, 600086.

  • The corporate identification number (CIN) of Phoenix Business Initiatives Private Limited is U74999TN2018PTC124778 and the company number is 124778 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Phoenix Business Initiatives Private Limited is https://www.pbisglobal.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Phoenix Business Initiatives Private Limited has risen by 14.21%.

  • As Per 2023 financial reports, 45 employees are currently employed by Phoenix Business Initiatives Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Phoenix Business Initiatives Private Limited has experienced an upsurge of 116.82%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Phoenix Business Initiatives Private Limited amount to ₹ 1.00 M.

  • The most recent Balance Sheet for Phoenix Business Initiatives Private Limited was filed with the ROC on 31 Mar 2023.

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