Believe Commodities Pvt Ltd
About Believe Commodities Pvt Ltd
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Believe Commodities Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 07 March 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB1994PTC062114.
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹73.94 Lakh. It is led by director Indira Kshettry.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at 44 Ram Dulal Sarkar Street, Kolkata, West Bengal, India – 700006.
As per the financials filed for FY 2015, the company reported a revenue of ₹3.64 Lakh, a decline of 70% compared to the previous year. For the same year it recorded a net profit of ₹1.02 Lakh (net margin 28.1%) and EBITDA of ₹2.12 Lakh (EBITDA margin 58.4%).
As per MCA filings, the company has open charges of ₹59.8 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Believe Commodities Pvt Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address44 Ram Dulal Sarkar Street, Kolkata, West Bengal, India – 700006
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Believe Commodities Pvt Ltd, 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
Financials of Believe Commodities Pvt Ltd
FY 2015 filings availableBelieve Commodities Pvt Ltd reported revenue of ₹3.64 Lakh (down 70% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue fell 70% in the latest year. EBITDA fell 71% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹3.64 Lakh |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹2.12 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹1.02 Lakh |
| 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
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 58.4% |
| Net Profit Margin | 28.1% |
| 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 | |
To see the full financial statements and ratios of Believe Commodities Pvt Ltd, buy the company report.
Board of directors of Believe Commodities Pvt Ltd
Believe Commodities has 1 current director and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Indira Kshettry Also directs: Pethe Textiles Private Limited, Everyday Plastics & Polymers Private Limited, Starlite Vanijya Pvt Ltd and 1 more | Director | 15 Nov 2001 | 24 Years 11 Months | Current |
Auditor
Believe Commodities Pvt Ltd is audited by B R MITTAL & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B R MITTAL & CO | FY 2015 | 319214E |
Shareholding
The shareholding of Believe Commodities Pvt Ltd is on record for FY 2015, split between promoters, domestic institutions and public shareholders.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public |
To see the full shareholding pattern of Believe Commodities Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Sep 2015 | 10596127 | State Bank of India | ₹59.8 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Believe Commodities Pvt Ltd are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Believe Commodities Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Believe Commodities Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Believe Commodities Pvt Ltd has 5 board changes on record since 2001: 3 appointments and 2 cessations. The latest: Ravi Kshettry ceased to be Director on 29 Mar 2016.
Frequently asked questions
Believe Commodities is an active private limited company based in Kolkata, West Bengal, India. The company works in nbfc, within the financial services industry. It was incorporated on 07 March 1994 (32+ years old) and is registered under CIN U51909WB1994PTC062114.
Believe Commodities has 1 current director:
- Indira Kshettry - Director
The latest financial statements of Believe Commodities on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Believe Commodities is U51909WB1994PTC062114. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Believe Commodities was incorporated on 07 March 1994, making it 32+ years old. It is registered with the Registrar of Companies, Kolkata.
Ravi Kshettry ceased to be Director on 29 Mar 2016. Bhupen Kshettry ceased to be Director on 01 Jun 2012. Ravi Kshettry was appointed as Director on 01 Jun 2012. Believe Commodities has 5 board changes on record in total.
The registered office of Believe Commodities is at 44 Ram Dulal Sarkar Street, Kolkata, West Bengal, India – 700006.
Believe Commodities operates in the financial services industry, in the nbfc segment.
Believe Commodities has open charges of ₹59.8 Cr and no satisfied charges on record as per latest MCA filings.
The compliance status of Believe Commodities is active non-compliant as of 02 September 2026. The company is actively filing with the Registrar of Companies.
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