About Bell Finvest(India) Limited.
Data last updated:
Bell Finvest(India) Limited. is a public limited company based in Mumbai, Maharashtra, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 07 September 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U32200MH1994PLC080907. Its GSTIN is 27AAACB3458Q1Z8 (Maharashtra).
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹4.56 Cr. It was formerly known as Bell Marshal Tele Systems Limited. It is led by directors including Girish Babulal Shah and Chirag Bhupesh Rathod.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹46.36 Lakh, a decline of 53% compared to the previous year. For the same year it recorded a net loss of ₹2.24 Cr (net margin -483.8%) and EBITDA of -₹1.93 Cr (EBITDA margin -415.4%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years and 57% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Bell Finvest India. As per MCA filings, the company has open charges of ₹138.5 Cr and satisfied charges of ₹45 Cr on record. Court records list 964 cases involving the company, including 831 filed by the company and 133 filed against it; 242 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bellfinvest.com.
Company details
CIN history
Bell Finvest(India) Limited has one previous CIN (Corporate Identification Number): L32200MH1994PLC080907. The current CIN is U32200MH1994PLC080907, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U32200MH1994PLC080907 | Current |
| L32200MH1994PLC080907 | Previous |
Contact details
Bell Finvest(India) Limited.'s registered office is in Mumbai, Maharashtra. Its website is bellfinvest.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address103 Floor – 10 Plot – 228 Mittal Chamber Barrister Rajani Patel Marg Nariman Poi, Nt, Mumbai, Maharashtra, India – 400021
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Bell Finvest(India) 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
Bell Finvest(India) Limited operates one associated brand: Bell Finvest India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers credit and funding solutions to small and medium enterprises across India. | bellfinvest.com |
Business activity
The main business activity of Bell Finvest(India) Limited is financial and insurance service. In detail, this covers fund management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K6 | Fund Management Services |
To see the full business activity and turnover split of Bell Finvest(India) Limited., buy the company report.
Financials of Bell Finvest(India) Limited.
FY 2024 filings availableBell Finvest(India) Limited. reported revenue of ₹46.36 Lakh (down 53% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 57% over five years, including a 53% fall in the latest year. EBITDA rose 50% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹1.93 Cr | ||||
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| Net Profit (PAT) | -₹2.24 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -415.4% | ||||
| Net Profit Margin | -483.8% | ||||
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To see the full financial statements and ratios of Bell Finvest(India) Limited., buy the company report.
Board of directors of Bell Finvest(India) Limited.
Bell Finvest(India) Limited has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Girish Babulal Shah | Director | 01 Feb 2019 | 7 Years 8 Months | Current |
| Chirag Bhupesh Rathod | Director | 17 Oct 2008 | 18 Years 0 Months | Current |
| Bhupeshkumar Mohanlal Rathod Also directs: Bell Finhomes Private Limited, Bell Consultancy Services India Private Limited, Festive Properties Private Limited and 1 more | Director | 10 Jan 2018 | 8 Years 9 Months | Current |
Auditor
Bell Finvest(India) Limited. is audited by MEGHAL JAIN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MEGHAL JAIN & ASSOCIATES | FY 2023 | 145232 |
Shareholding
The shareholding of Bell Finvest(India) Limited. is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bell Finvest(India) Limited., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 May 2019 | 100301555 | Others | ₹6 Cr | Open | |
| 26 Apr 2019 | 100258844 | Others | ₹10 Cr | Open | |
| 05 Apr 2019 | 100257509 | Others | ₹5 Cr | Open | |
| 11 Mar 2019 | 100252051 | Others | ₹2.5 Cr | Open | |
| 26 Oct 2018 | 100213381 | Others | ₹15 Cr | Open |
To see the full charge records of Bell Finvest(India) Limited., buy the company report.
Total charge records: 24 View all charges
Legal cases
Bell Finvest(India) Limited. has 964 court cases on record: 831 filed by Bell Finvest(India) Limited, 133 filed against it. 242 cases are pending and 722 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 674 | 55 | 207 |
| High courts | 269 | 71 | 34 |
| Supreme Court | 11 | 4 | 0 |
| NCLT | 7 | 1 | 0 |
| NCLAT | 3 | 2 | 1 |
Cases on record (5 of 964)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1001-Company Law, Sick Industries including Disinvestment : Company Law, Sick Industries including Disinvestment) | Filed against the company by an individual | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Vivriti Capital Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI APPEAL) | Filed by the company against Onwheels Logistics Pvt. Ltd and Another Two and 2 others | Pending |
| District court, Chandigarh | Execution petition | Filed by the company against Union Bank of India | Pending |
| District court, Chennai, Tamil Nadu | Criminal case | Filed against the company by Vivriti Capital Limited Represented by Its Authorised Representative Noyal James | Pending |
To see the full case history of Bell Finvest(India) 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.
Credit ratings & regulatory alerts
Bell Finvest(India) Limited. was last rated by Care on 01 Aug 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 01 Aug 2022 |
To see the full credit ratings and regulatory alerts of Bell Finvest(India) Limited., buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bell Finvest(India) Limited.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bell Finvest(India) Limited. has a workforce of 3 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
GST
Bell Finvest(India) Limited has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACB3458Q1Z8 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bell Finvest(India) Limited., buy the company report.
Recent activity
Bell Finvest(India) Limited. has 9 board changes on record since 2008: 3 appointments and 6 cessations. The latest: Girish Babulal Shah ceased to be Additional Director on 30 Sep 2019.
34 earlier events are in the company report.
Frequently asked questions
Bell Finvest(India) Limited is an active public limited company based in Mumbai, Maharashtra, India. The company works in nbfc, within the financial services industry. It was incorporated on 07 September 1994 (32+ years old) and is registered under CIN U32200MH1994PLC080907.
Bell Finvest(India) Limited has 3 current directors:
- Girish Babulal Shah - Director
- Chirag Bhupesh Rathod - Director
- Bhupeshkumar Mohanlal Rathod - Director
The latest financial statements of Bell Finvest(India) Limited on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Bell Finvest(India) Limited is 27AAACB3458Q1Z8, registered in Maharashtra.
The CIN (Corporate Identification Number) of Bell Finvest(India) Limited is U32200MH1994PLC080907. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bell Finvest(India) Limited has 964 court cases on record: 831 filed by the company and 133 filed against it. 242 are pending. Most are in the district courts.
Bell Finvest(India) Limited was incorporated on 07 September 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Girish Babulal Shah ceased to be Additional Director on 30 Sep 2019. Girish Babulal Shah was appointed as Director on 01 Feb 2019. Ruchika Kunjal Punamiya ceased to be Director on 01 Feb 2019. Bell Finvest(India) Limited has 9 board changes on record in total.
Bell Finvest(India) Limited can be reached through the website bellfinvest.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Bell Finvest(India) Limited is at 103 Floor – 10 Plot – 228 Mittal Chamber Barrister Rajani Patel Marg Nariman Poi, Nt, Mumbai, Maharashtra, India – 400021.