About Basiz Fund Service Private Limited.
Data last updated:
Basiz Fund Service Private Limited. is a private limited company based in Chennai, Tamil Nadu, India. It operates in the accounting and financial analysis segment of the business process outsourcing sector. It was incorporated on 17 January 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65100TN2006PTC058603. Its GSTIN is 33AACCB8229K1ZM (Tamil Nadu). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹2.76 Cr. It was formerly known as Basiz Fund Services Private Limited. It is led by directors including Adityapuram Venkataram Seshadrinathan (Managing Director) and Sujata Seshadrinathan.
Its last annual general meeting (AGM) was held on 28 June 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Kingsley Chambers Door No. 26 Ramasamy Street T Nagar, Chennai, Tamil Nadu, India – 600017.
As per the financials filed for FY 2023, the company reported a revenue of ₹21.46 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹3.51 Cr (net margin 16.3%) and EBITDA of ₹3.37 Cr (EBITDA margin 15.7%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 14% over five years.
The company has about 107 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Basiz. As per MCA filings, the company has open charges of ₹1.25 Cr and satisfied charges of ₹4.2 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending. The company has 12 deals on record (7 secondary share transfers, 4 funding rounds, 1 acquisition), with disclosed funding of ₹16.4 Cr; the latest was in March 2021.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website basizfa.com.
Company details
CIN history
Basiz Fund Service Private Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U65100TN2006PTC058603, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65100TN2006PTC058603 | Current |
| U65999TN2006PTC058603 | Previous |
| U65100MH2006PTC469473 | Previous |
Contact details
Basiz Fund Service Private Limited.'s registered office is in Chennai, Tamil Nadu. Its website is basizfa.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressKingsley Chambers Door No. 26 Ramasamy Street T Nagar, Chennai, Tamil Nadu, India – 600017
- IndustryBusiness Outsourcing, Accounting and Financial Analysis
To see the full contact details of Basiz Fund Service Private Limited., buy the company report.
- 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
Brands
Basiz Fund Service Private Limited operates one associated brand: Basiz. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Knowledge process outsourcing for financial services is provided by Basiz. | basizfa.com |
Financials of Basiz Fund Service Private Limited.
FY 2024 filings availableBasiz Fund Service Private Limited. reported revenue of ₹21.46 Cr (up 9% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 9% growth in the latest year. EBITDA fell 21% 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹21.46 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹3.37 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.51 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.7% | ||||
| Net Profit Margin | 16.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Basiz Fund Service Private Limited., buy the company report.
Board of directors of Basiz Fund Service Private Limited.
Basiz Fund Service Private Limited has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sujata Seshadrinathan | Director | 22 Jan 2019 | 7 Years 9 Months | Current |
| Krishnan V Also directs: Opsglobal Capital Advisors (Ifsc) Private Limited | Director | 08 Feb 2018 | 8 Years 8 Months | Current |
| Adityapuram Venkataram Seshadrinathan | Managing Director | 01 Apr 2007 | 19 Years 7 Months | Current |
Auditor
Basiz Fund Service Private Limited. is audited by K.G.Purushotham & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.G.Purushotham & Co | FY 2023 | 006431S |
Shareholding
The shareholding of Basiz Fund Service Private Limited. is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Basiz Fund Service Private Limited., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Sep 2018 | 100234215 | Others | ₹1.25 Cr | Open | |
| 30 May 2009 | 10160562 | United Bank of India | ₹2.1 Cr | Satisfied | |
| 17 Apr 2009 | 10160541 | United Bank of India | ₹2.1 Cr | Satisfied |
To see the full charge records of Basiz Fund Service Private Limited., buy the company report.
Total charge records: 3 View all charges
Deals & funding
Basiz Fund Service Private Limited. has 12 deals on record (7 secondary share transfers, 4 funding rounds, 1 acquisition), with disclosed funding of ₹16.4 Cr; the latest was in March 2021.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: OpsGlobal Corporate & Management Services Pte Limited, 2 individuals Seller: Kalaari Capital, Fazb Technologies Private Limited |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Kalaari Capital, Fazb Technologies Private Limited , an individual |
| Nov 2013 | Secondary share transfer | Undisclosed | Seller: Fazb Technologies Private Limited |
| Apr 2011 | Secondary share transfer | Undisclosed | Seller: Coral Hub Limited |
| Mar 2011 | Secondary share transfer | Undisclosed | Seller: Coral Hub Limited |
To see the full deal history of Basiz Fund Service Private Limited., buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Basiz Fund Service Private Limited. has 2 court cases on record: 1 filed by Basiz Fund Service Private Limited, 1 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (EXA) | Filed by the company against an individual | Pending |
| High Court, TAMIL NADU | Writ petition | Filed against the company by an individual | Disposed |
To see the full case history of Basiz Fund Service Private Limited., buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Basiz Fund Service Private Limited.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Basiz Fund Service Private Limited. has a workforce of 107 employees on its EPFO records as of Apr 11, 2024, across 1 active EPFO establishment.
GST
Basiz Fund Service Private Limited has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCB8229K1ZM | Tamil Nadu | Active | 01 Jul 2017 |
| 27AACCB8229K1ZF | Maharashtra | Active | 01 Jul 2017 |
| 24AACCB8229K1ZL | Gujarat | Active | 07 Nov 2019 |
| 16AACCB8229K1ZI | Tripura | Active | 19 May 2022 |
To see the full GST registrations and return filing status of Basiz Fund Service Private Limited., buy the company report.
Recent activity
Basiz Fund Service Private Limited. has 13 board changes on record since 2007: 3 appointments and 10 cessations. The latest: Adityapuram Venkataram Seshadrinathan ceased to be Whole-Time Director on 17 Jul 2020.
10 earlier events are in the company report.
News
Frequently asked questions
Basiz Fund Service Private Limited is an active private limited company based in Chennai, Tamil Nadu, India. The company works in accounting and financial analysis, within the business outsourcing industry. It was incorporated on 17 January 2006 (20+ years old) and is registered under CIN U65100TN2006PTC058603.
Basiz Fund Service Private Limited has 3 current directors:
- Adityapuram Venkataram Seshadrinathan - Managing Director
- Sujata Seshadrinathan - Director
- Krishnan V - Director
The latest financial statements of Basiz Fund Service Private Limited on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 June 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Basiz Fund Service Private Limited is 33AACCB8229K1ZM, registered in Tamil Nadu. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 27AACCB8229K1ZF (Maharashtra), 24AACCB8229K1ZL (Gujarat), 16AACCB8229K1ZI (Tripura).
The CIN (Corporate Identification Number) of Basiz Fund Service Private Limited is U65100TN2006PTC058603. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Basiz Fund Service Private Limited has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending.
Basiz Fund Service Private Limited was incorporated on 17 January 2006, making it 20+ years old. It is registered with the Registrar of Companies, Chennai.
Basiz Fund Service Private Limited has 12 deals on record (7 secondary share transfers, 4 funding rounds, 1 acquisition), with disclosed funding of ₹16.4 Cr; the latest was in March 2021.
Adityapuram Venkataram Seshadrinathan ceased to be Whole-Time Director on 17 Jul 2020. Sujata Seshadrinathan ceased to be Additional Director on 26 Jun 2019. Sujata Seshadrinathan was appointed as Director on 22 Jan 2019. Basiz Fund Service Private Limited has 13 board changes on record in total.
Basiz Fund Service Private Limited can be reached through the website basizfa.com. Its registered office is in Chennai, Tamil Nadu, India.
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