Belstar Microfinance Limited logo

Belstar Microfinance Limited

Microfinance company providing loans to low-income individuals through SHG and JLG models.

1988 Chennai, Tamil Nadu (India) Active

About

Basic Data Updated:

9 days ago
Belstar Microfinance Limited (BML) is a leading Public Limited Indian Non-Government Company incorporated in India on 11 January 1988 and has a history of 36 years and six months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Belstar Investment And Finance Private Limited. The Company is engaged in the Finance And Insurance Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 100.00 cr and a paid-up capital of Rs 54.84 cr.

The Corporate currently has active open charges totaling ₹11,395.50 cr. It has already closed loans amounting to ₹7,574.46 cr, as per the Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Belstar Microfinance Limited India are Murali Lakshmanan as Cfo and Sunil Sahu as Company Secretary. George Alexander, George Jacob, Kuttickattu Bijimon, and Eight other members serve as directors at the Company.

Industry

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU06599TN1988PLC081652
Company No.081652
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date11 Jan 1988
Date of AGM15 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Chennai

Financials of Belstar Microfinance Limited

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Belstar Microfinance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 42.49% increase. The company also saw a substantial improvement in profitability, with a 188.78% increase in profit. The company's net worth Soared by an impressive increase of 27.62%.

Corporate Structure

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People in Belstar Microfinance Limited

Executive Team (3)

  • KS

    Kalpanaa Sankar In Managing Director

    Appointment Date: 19-May-2010

    Status: Current

  • ML

    Murali Lakshmanan In CFO

    Appointment Date: 04-Feb-2017

    Status: Current

  • SS

    Sunil Sahu Company Secretary

    Appointment Date: 23-Sep-2015

    Status: Current

Board Members(10)

Charges (Loans)

Open Charges Satisfied Charges

₹11,395.50 cr

₹7,574.46 cr

LenderAmountStatus

Uco Bank

Creation Date: 22 Mar 2024
₹300.00 CrOpen

Sidbi

Creation Date: 19 Mar 2024
₹500.00 CrOpen

Others

Creation Date: 12 Mar 2024
₹150.00 CrOpen

Deals i

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Gain comprehensive insights into the Deals and Valuation data of Belstar Microfinance, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Belstar Microfinance's trajectory.

Rating

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Alert

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Related Corporates (Common Directorship)

  • Xandari Hospitality Services Private Limited

    Xandari Hospitality Services Private Limited

    Active build-icon 7 years 11 months

    George Jacob is a mutual person

  • Mmg Credit Marketing Services Private Limited

    Mmg Credit Marketing Services Private Limited

    Active build-icon 5 years 6 months

    George Jacob is a mutual person

  • Mjbr Marketing And Financial Services Private Limited

    Mjbr Marketing And Financial Services Private Limited

    Active build-icon 13 years 6 months

    Kuttickattu Bijimon is a mutual person

  • Muthoot Royalex Forex Services Private Limited

    Muthoot Royalex Forex Services Private Limited

    Active build-icon 8 years 2 months

    George Alexander and Kuttickattu Bijimon are mutual person

  • Emgee Muthoot Nidhi Limited

    Emgee Muthoot Nidhi Limited

    Active build-icon 38 years 6 months

    George Jacob is a mutual person

  • Muthoot Infopark Private Limited

    Muthoot Infopark Private Limited

    Active build-icon 26 years 4 months

    George Alexander is a mutual person

Recent activity within the organization

  • Activity

    Charges

    A charge registered on 12 Jan 2022 via Charge ID 100525789 with Axis Bank Limited was fully satisfied on 08 Apr 2024.

    08 Apr 2024
  • Activity

    Charges

    A charge registered on 13 Sep 2021 via Charge ID 100485797 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 08 Apr 2024.

    08 Apr 2024
  • Activity

    Charges

    A charge registered on 30 Mar 2021 via Charge ID 100429341 with Dhanlaxmi Bank Limited was fully satisfied on 08 Apr 2024.

    08 Apr 2024
  • Activity

    Charges

    A charge registered on 03 Sep 2021 via Charge ID 100476420 with Others was fully satisfied on 03 Apr 2024.

    03 Apr 2024
  • Activity

    Charges

    A charge registered on 30 Mar 2021 via Charge ID 100429285 with State Bank Of India was fully satisfied on 03 Apr 2024.

    03 Apr 2024

Frequently asked questions

What is the Incorporation or founding date of Belstar Microfinance Limited?

Belstar Microfinance Limited was incorporated 36 years 6 months ago on 11 Jan 1988 with Registrar of Companies Roc Chennai.

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