Basic Financial Services Private Limited - Company Profile

It is a financial services private limited company based in Mumbai, Maharashtra, India, established in 1994.
1994 Mumbai, Maharashtra, India Active
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About Basic Financial Services Private Limited

Basic Financial Services Private Limited, a active private limited company, was established on 26 September 1994 in Mumbai, Maharashtra, India. Engaging in general insurance providers within the financial and insurance service sector, it holds CIN: U67120MH1994PTC081468. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹2.50 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Its leadership includes Nikhil Jaysukhlal Mehta (Director), Gauri Nikhil Mehta (Director), Jyoti Nikhil Mehta (Director). Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Sonal Bldg 99 August Krantimarg Ist Floor, Mumbai, Maharashtra, 400036.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U67120MH1994PTC081468

  • Registration Number

    081468

  • Incorporation Date

    26 September 1994

  • Authorized Capital

    ₹2.50 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 31 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth **** -6.88%
  • Profit Growth **** -8.66%
  • Ebitda **** -12.59%
  • Net Worth 21.06%
  • Total Assets **** 16.29%
Company report

Basic Financial Services Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Basic Financial Services Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Basic Financial Services Private Limited?
Current Directors
Name Designation Appointment Date Status
Nikhil Jaysukhlal Mehta Director 26 Sep 1994 Current
Gauri Nikhil Mehta Director 16 Sep 2024 Current
Jyoti Nikhil Mehta Director 26 Sep 1994 Current

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Financial Performance of Basic Financial Services.

Basic Financial Services Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 6.88% decrease. The company also saw a slight decrease in profitability, with a 8.66% decrease in profit. The company's net worth Soared by an impressive increase of 21.06%.

Basic Financial Services revenue growth over time
Basic Financial Services profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
********
 -6.88%
*******
*******
*******
*******
Revenue from Operations
*******
 -7.86%
*******
*******
*******
*******
Total Assets
*******
 16.29%
*******
*******
*******
*******
Profit or Loss
*******
 -8.66%
*******
*******
*******
*******
Net Worth
*******
 21.06%
*******
*******
*******
*******
EBITDA
*******
 -12.59%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Basic Financial Services?

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Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Basic Financial Services?

Unlock and access historical data on people associated with Basic Financial Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Basic Financial Services
Recent Activity within the Organization
  • Annual General Meeting

    The activity Basic Financial Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Director Appointment

    The activity Gauri Nikhil Mehta was appointed as a Director was appointed as a Director on 16 Sep 2024 & has been associated with this company since 1 year 7 months . was completed.

  • Balance Sheet

    Basic Financial Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was recorded as a recent event.

  • Director Appointment

    The activity Nikhil Jaysukhlal Mehta was appointed as a Director was appointed as a Director on 26 Sep 1994 & has been associated with this company since 31 years 7 months . was completed.

  • Director Appointment

    The activity Jyoti Nikhil Mehta was appointed as a Director was appointed as a Director on 26 Sep 1994 & has been associated with this company since 31 years 7 months . was completed.

  • Company Incorporation

    The activity Basic Financial Services Private Limited was registered on 26 Sep 1994 with Roc Mumbai & aged 31 years 7 months as per MCA records. was completed.

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Frequently Asked Questions
What is the CIN of Basic Financial Services Private Limited?

The CIN of Basic Financial Services Private Limited is U67120MH1994PTC081468.

Where is Basic Financial Services Private Limited headquartered?

Basic Financial Services Private Limited is headquartered at Sonal Bldg 99 August Krantimarg Ist Floor, Mumbai, Maharashtra, 400036.

When was Basic Financial Services Private Limited incorporated?

Basic Financial Services Private Limited was incorporated on 26 September 1994.

Who are the current directors of Basic Financial Services Private Limited?

The current directors of Basic Financial Services Private Limited are

What is the primary industry of Basic Financial Services Private Limited?

The primary industry of Basic Financial Services Private Limited is Financial And Insurance Service.

Is Basic Financial Services Private Limited a listed company?

Basic Financial Services Private Limited is unlisted.

What is the capital structure of Basic Financial Services Private Limited?

The authorized capital of Basic Financial Services Private Limited is ₹2.50 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Basic Financial Services Private Limited?

The compliance status of Basic Financial Services Private Limited is Compliant.

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