Belstar Microfinance Limited Company Logo

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 Chinnasamy Ganesan (Director), Vijay Nallan Chakravarthi (Director), Siva Chidambaram Vadivel Alagan (Director). Past directors included Rao Ashwin Kumar, Henning Haugerudbraten, Hauzel Benshyamlian. It holds ₹12,334.50 Cr open charges and ₹11,740.46 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

  • 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 Indicators

  • Authorised Capital ₹ 100.00 Cr
  • Paid Up Capital ₹ 54.84 Cr
  • Company Age 37 Year, 10 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 12,334.50 Cr
  • Satisfied Charges ₹ 11,740.46 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

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

NameDesignationAppointment DateStatus
Chinnasamy GanesanDirector14 Mar 2020Current
Vijay Nallan ChakravarthiDirector29 Mar 2022Current
Siva Chidambaram Vadivel AlaganDirector09 May 2023Current
Kuttickattu Rajappan BijimonDirector27 Jun 2016Current
Vadakke Anavanghot PrasanthDirector28 Apr 2025Current
Vadakkakara Antony GeorgeDirector18 Aug 2018Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector19 May 2010Past
Pramod AbcsddAlternate Director15 Sep 2012Past
Pramod AbcsddDirector06 May 2009Past
Pramod AbcsddNominee Director01 Jul 2011Past
Pramod AbcsddDirector14 Jun 2011Past
Pramod AbcsddDirector03 Oct 2008Past

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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
  • 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%
Revenue from Operations
41.81%
Total Assets
36.55%
Profit or Loss
188.78%
Net Worth
27.62%
EBITDA
53.53%

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.

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Charges (Loans)

Open Charges

₹123,345,000,000.00

Satisfied Charges

₹117,404,600,995.00

Charges Breakdown by Lending Institutions

  • Others : 5892.50 Cr
  • Yes Bank Limited : 2102.00 Cr
  • State Bank Of India : 1300.00 Cr
  • Sidbi : 850.00 Cr
  • Axis Bank Limited : 500.00 Cr
  • Others : 1690.00 Cr

Latest Charge Details

DateLenderAmountStatus
06 Oct 2025Others₹100.00 CrOpen
30 Sep 2025Idbi Bank Limited₹100.00 CrOpen
29 Sep 2025Others₹150.00 CrOpen
22 Sep 2025Others₹450.00 CrOpen
20 Sep 2025Others₹250.00 CrOpen

Explore comprehensive loan charge details -

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 growth trends for Belstar Microfinance Limited

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.

Latest Updates, News, and FAQs on Belstar Microfinance

Recent Activity within the Organization

  • Charges

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

  • Charges

    A charge registered on 21 Aug 2023 via Charge ID 100768742 with Others was fully satisfied on 21 Oct 2025. was recorded as a recent event.

  • Charges

    A charge registered on 21 Aug 2023 via Charge ID 100768738 with Others was fully satisfied on 21 Oct 2025. was recorded as a recent event.

  • Charges

    The activity A charge with Others amounted to Rs. 100.00 Cr with Charge ID 101166162 was registered on 06 Oct 2025. was completed.

  • Charges

    A charge with Idbi Bank Limited amounted to Rs. 100.00 Cr with Charge ID 101162655 was registered on 30 Sep 2025. was recorded as a recent event.

  • Charges

    The activity A charge with Others amounted to Rs. 150.00 Cr with Charge ID 101164091 was registered on 29 Sep 2025. was completed.

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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