Belstar Microfinance Limited - Company Profile

It is a financial services public limited company based in Chennai City Corporation, Tamil Nadu, India, established in 1988.
1988 Chennai City Corporation, Tamil Nadu, India Active
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About Belstar Microfinance Limited

Belstar Microfinance Limited, a active public limited company, was established on 11 January 1988 in Chennai City Corporation, Tamil Nadu, India. Engaging in microfinance institutions within the financial and insurance service sector, it holds CIN: U06599TN1988PLC081652. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹100.00 Cr and a paid-up capital of ₹54.84 Cr.

Formerly known as Belstar Microfinance Private Limited, Belstar Investment And Finance Private Limited. It upholds a compliant status. Employing 8,926 professional, Its leadership includes Muralidharan Lakshmanan (Cfo), Balasubramanian Balakumaran (Whole-Time Director), Chinnasamy Ganesan (Director). Past directors included Rao Ashwin Kumar, Henning Haugerudbraten, Hauzel Benshyamlian. It holds ₹12,134.50 Cr open charges and ₹12,240.46 Cr settled loans. Its latest AGM occurred on 01 September 2025, with the balance sheet filed on 31 March 2025. It is based at M V Square, No 4/14, Soundarapandian Street , Ashok Nagar,, Chennai City Corporation, Tamil Nadu, 600083.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U06599TN1988PLC081652

  • Registration Number

    081652

  • Incorporation Date

    11 January 1988

  • Authorized Capital

    ₹100.00 Cr

  • Paid-Up Capital

    ₹54.84 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 100.00 Cr
  • Paid Up Capital ₹ 54.84 Cr
  • Company Age 38 Year, 1 Month
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 12,134.50 Cr
  • Satisfied Charges ₹ 12,240.46 Cr
  • Revenue Growth **** 42.49%
  • Profit Growth **** 188.78%
  • Ebitda **** 53.53%
  • Net Worth 27.62%
  • Total Assets **** 36.55%
Company report

Belstar Microfinance Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Belstar Microfinance 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 Belstar Microfinance Limited?
Current Directors
Name Designation Appointment Date Status
Muralidharan Lakshmanan Cfo 04 Feb 2017 Current
Balasubramanian Balakumaran Whole-Time Director 29 Apr 2021 Current
Chinnasamy Ganesan Director 14 Mar 2020 Current
Vijay Nallan Chakravarthi Director 29 Mar 2022 Current
Kuttickattu Rajappan Bijimon Director 27 Jun 2016 Current
Vadakke Anavanghot Prasanth Director 28 Apr 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 19 May 2010 Past
Pramod Abcsdd Alternate Director 15 Sep 2012 Past
Pramod Abcsdd Director 06 May 2009 Past
Pramod Abcsdd Nominee Director 01 Jul 2011 Past
Pramod Abcsdd Director 14 Jun 2011 Past
Pramod Abcsdd Director 03 Oct 2008 Past

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Financial Performance of Belstar Microfinance.

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%.

Belstar Microfinance revenue growth over time
Belstar Microfinance 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
********
 42.49%
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Revenue from Operations
*******
 41.81%
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*******
*******
Total Assets
*******
 36.55%
*******
*******
*******
*******
Profit or Loss
*******
 188.78%
*******
*******
*******
*******
Net Worth
*******
 27.62%
*******
*******
*******
*******
EBITDA
*******
 53.53%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Belstar Microfinance?

In 2023, Belstar Microfinance had a promoter holding of 13.05% and a public holding of 86.96%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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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Charges (Loans)
Open Charges

₹121,345,000,000.00

Satisfied Charges

₹122,404,600,995.00

Charges Breakdown by Lending Institutions
  • Others : 6042.50 Cr
  • Yes Bank Limited : 2102.00 Cr
  • State Bank Of India : 1300.00 Cr
  • Axis Bank Limited : 500.00 Cr
  • Sidbi : 500.00 Cr
  • Others : 1690.00 Cr
Latest Charge Details
Date Lender Amount Status
22 Dec 2025 Others ₹200.00 Cr Open
27 Nov 2025 Others ₹100.00 Cr Open
06 Oct 2025 Others ₹100.00 Cr Open
30 Sep 2025 Idbi Bank Limited ₹100.00 Cr Open
29 Sep 2025 Others ₹150.00 Cr Open

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How Many Employees Work at Belstar Microfinance?

Belstar Microfinance has a workforce of 8926 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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

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
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Belstar Microfinance
Recent Activity within the Organization
  • Charges

    A charge with Others amounted to Rs. 200.00 Cr with Charge ID 101203282 was registered on 22 Dec 2025. was recorded as a recent event.

  • Charges

    A charge registered on 13 Dec 2022 via Charge ID 100650223 with Sidbi was fully satisfied on 19 Dec 2025. was recorded as a recent event.

  • Charges

    The activity A charge registered on 17 Jul 2023 via Charge ID 100748158 with Others was fully satisfied on 10 Dec 2025. was completed.

  • Charges

    Progress on A charge with Others amounted to Rs. 100.00 Cr with Charge ID 101192752 was registered on 27 Nov 2025. was documented.

  • Charges

    The activity A charge registered on 01 Jun 2023 via Charge ID 100727762 with Idbi Bank Limited was fully satisfied on 06 Nov 2025. was completed.

  • Charges

    The activity A charge registered on 21 Aug 2023 via Charge ID 100768738 with Others was fully satisfied on 21 Oct 2025. was completed.

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Frequently Asked Questions
What is the CIN of Belstar Microfinance Limited?

The CIN of Belstar Microfinance Limited is U06599TN1988PLC081652.

Where is Belstar Microfinance Limited headquartered?

Belstar Microfinance Limited is headquartered at M V Square, No 4/14, Soundarapandian Street , Ashok Nagar,, Chennai City Corporation, Tamil Nadu, 600083.

When was Belstar Microfinance Limited incorporated?

Belstar Microfinance Limited was incorporated on 11 January 1988.

Who are the current directors of Belstar Microfinance Limited?

The current directors of Belstar Microfinance Limited are

What is the primary industry of Belstar Microfinance Limited?

The primary industry of Belstar Microfinance Limited is Financial And Insurance Service.

Is Belstar Microfinance Limited a listed company?

Belstar Microfinance Limited is unlisted.

What is the capital structure of Belstar Microfinance Limited?

The authorized capital of Belstar Microfinance Limited is ₹100.00 Cr, and the paid-up capital is ₹54.84 Cr.

What is the compliance status of Belstar Microfinance Limited?

The compliance status of Belstar Microfinance Limited is Compliant.

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