About Basic Enterprises Private Limited
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Basic Enterprises Private Limited is a private limited company based in Sector -45, Haryana, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 21 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U68200HR2020PTC087709. Its GSTIN is 06AAJCB1302J1Z2 (Haryana). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹5.39 Cr and a paid-up capital of ₹4.98 Cr. It is led by directors including Atul Monga (Managing Director) and Kalyan Josyula.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Sector – 45, Haryana.
As per the financials filed for FY 2025, the company reported a revenue of ₹68.23 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net loss of ₹45.94 Cr (net margin -67.3%) and EBITDA of -₹45.64 Cr (EBITDA margin -66.9%). Revenue has grown at a compounded annual rate (CAGR) of 121% over three years.
The company has about 122 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Proveneu and BASIC Home Loan. The company has 8 deals on record (4 funding rounds, 3 secondary share transfers, 1 acquisition), with disclosed funding of ₹147.7 Cr; the latest was in September 2024. Its 10 peer companies in the Ecommerce and Internet industry (Finance) are compared by revenue, 5 larger and 5 smaller; the largest is Finterscale Technology Private Limited.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website basichomeloan.com.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social Media
- Apps
- Registered AddressGround Floor Plot No.97, Sector – 44, Sector – 45, Haryana, India – 122003
- IndustryInformation Technology, Application Development & Software Solutions
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Basic Enterprises Private Limited
The main business activity of Basic Enterprises is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Basic Enterprises Private Limited FY 2024 filings available
Basic Enterprises Private Limited reported revenue of ₹68.23 Cr (up 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Basic Enterprises Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 121% over three years, including 25% growth in the latest year. EBITDA fell 83% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Basic Enterprises Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹45.64 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹45.94 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Basic Enterprises Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -66.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -67.3% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Basic Enterprises are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Basic Enterprises Private Limited
Basic Enterprises Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Finance). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Finterscale Technology Private Limited | •••• | •••• | •••• | •••• | 20 | Bengaluru, Karnataka, India |
| Central Finance Securities Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Fincart Finvest Private Limited | •••• | •••• | •••• | •••• | - | Noida, Uttar Pradesh, India |
| U.P. Scheduled Castes Finance and Development Corp. Ltd. | •••• | •••• | •••• | •••• | - | Lucknow, Uttar Pradesh, India |
| Online PSB Loans Limited | •••• | •••• | •••• | •••• | 200 | Ahmedabad, Gujarat, India |
| Basic Enterprises Private Limited this company | •••• | •••• | •••• | •••• | - | Sector -45, Haryana, India |
| Nisus Finance Services Co Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| People Home Finance Limited | •••• | •••• | •••• | •••• | 307 | New Delhi, Delhi, India |
| Vishvakarma Equipment Finance (India) Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Piramal Finance Limited Listed | •••• | •••• | •••• | •••• | 1,561 | Mumbai, Maharashtra, India |
| Clayfin Technologies Private Limited | •••• | •••• | •••• | •••• | 204 | Saidapet, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Basic Enterprises by revenue in the Ecommerce and Internet industry (Finance), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Board of Directors of Basic Enterprises Private Limited
Basic Enterprises has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Oliver Hartmut Heinrich | Nominee Director | 23 Feb 2021 | 5 Years 7 Months | Current |
| Florian Alexander Reichert | Nominee Director | 23 Feb 2021 | 5 Years 7 Months | Current |
| Kalyan Josyula Also directs: Homfinity Kreditkraft Private Limited, Basic Fintech Private Limited, Basic Marketing and Consultancy Private Limited and 1 more | Director | 04 Oct 2021 | 5 Years 0 Months | Current |
| Atul Monga Also directs: Homfinity Kreditkraft Private Limited, Basic Fintech Private Limited, Basic Marketing and Consultancy Private Limited and 1 more | Managing Director | 21 Jul 2020 | 6 Years 2 Months | Current |
Charges & Borrowings of Basic Enterprises Private Limited
Basic Enterprises Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Basic Enterprises Private Limited
Basic Enterprises Private Limited has 8 deals on record (4 funding rounds, 3 secondary share transfers, 1 acquisition), with disclosed funding of ₹147.7 Cr; the latest was in September 2024.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2024 | Funding round · Series B | ₹87.59 Cr | Investors: Bertelsmann India Investments, CE Ventures Limited, Gruhas, an individual |
| Jun 2023 | Funding round · Pre-Series B | ₹32.79 Cr | Investors: Gruhas, Z Nation Lab, Angel List, an individual |
| May 2023 | Secondary share transfer | Undisclosed | Buyer: Gruhas, an individual Seller: Vevek Venture Investments Private Limited |
| Oct 2021 | Secondary share transfer | Undisclosed | Buyer: Venture Catalysts Seller: 2 individuals |
| Aug 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
Full deal history
All 8 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Basic Enterprises Private Limited
Basic Enterprises operates two associated brands: Proveneu and BASIC Home Loan. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides tailored advisory, operations, and technology solutions for scalable growth. | proveneu.com | |
| Home loan products are compared and applications supported via platform. | basichomeloan.com |
Employees and EPFO Compliance at Basic Enterprises Private Limited
Employment history and EPFO contributions of people linked to Basic Enterprises.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Basic Enterprises Private Limited
Basic Enterprises has one previous CIN (Corporate Identification Number): U74999HR2020PTC087709. The current CIN is U68200HR2020PTC087709, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U68200HR2020PTC087709 | Current |
| U74999HR2020PTC087709 | Previous |
News related to Basic Enterprises Private Limited
Recent Activity on Basic Enterprises Private Limited
Basic Enterprises Private Limited has 6 board changes on record since 2020: 4 appointments and 2 cessations. The latest: Kalyan Josyula was appointed as Director on 04 Oct 2021.
Credit Ratings, Litigation & Regulatory Alerts for Basic Enterprises Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Basic Enterprises Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Basic Enterprises Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Basic Enterprises Private Limited
Basic Enterprises has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAJCB1302J1Z2 | Haryana | Active | 01 Aug 2020 |
| 29AAJCB1302J1ZU | Karnataka | Active | 12 Aug 2022 |
| 27AAJCB1302J1ZY | Maharashtra | Active | 20 Sep 2022 |
| 09AAJCB1302J1ZW | Uttar Pradesh | Active | 14 Sep 2023 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Basic Enterprises Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Basic Enterprises Private Limited
Basic Enterprises is an active private limited company based in Sector -45, Haryana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 21 July 2020 (6+ years old) and is registered under CIN U68200HR2020PTC087709.
Basic Enterprises reported revenue of ₹68.23 Cr for FY 2025 (up 25% YoY).
Basic Enterprises has 4 current directors:
- Atul Monga - Managing Director
- Oliver Hartmut Heinrich - Nominee Director
- Florian Alexander Reichert - Nominee Director
- Kalyan Josyula - Director
Basic Enterprises reported a net loss of ₹45.94 Cr (net margin -67.3%) and EBITDA of -₹45.64 Cr (EBITDA margin -66.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Basic Enterprises is 121% over three years. In the latest year (FY 2025) revenue rose 25%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Basic Enterprises is 06AAJCB1302J1Z2, registered in Haryana. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 29AAJCB1302J1ZU (Karnataka), 27AAJCB1302J1ZY (Maharashtra), 09AAJCB1302J1ZW (Uttar Pradesh).
The CIN (Corporate Identification Number) of Basic Enterprises is U68200HR2020PTC087709. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Basic Enterprises was incorporated on 21 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Delhi.
Basic Enterprises has 8 deals on record (4 funding rounds, 3 secondary share transfers, 1 acquisition), with disclosed funding of ₹147.7 Cr; the latest was in September 2024.
The peers of Basic Enterprises by revenue are Finterscale Technology Private Limited, Central Finance Securities Private Limited, Fincart Finvest Private Limited, U.P. Scheduled Castes Finance and Development Corp. Ltd, Online PSB Loans Limited and 5 more, all in the Ecommerce and Internet industry (Finance).
Kalyan Josyula was appointed as Director on 04 Oct 2021. Kalyan Josyula ceased to be Director on 27 Apr 2021. Florian Alexander Reichert was appointed as Nominee Director on 23 Feb 2021. Basic Enterprises has 6 board changes on record in total.