About Bharat Financial Inclusion Limited
Data last updated: 24 June 2025
Bharat Financial Inclusion Limited was a public limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It specialised in non-banking financial services (NBFC), a part of the broader financial services sector. Incorporated on 22 September 2003.
Registered with ROC Mumbai under CIN L65999MH2003PLC250504. Listed.
Capital: an authorised share capital of ₹170 Cr and a paid-up capital of ₹140.25 Cr. Formerly known as Bharat Microfinance Limited and Bharat Inclusion Limited. It was led by directors including Rajender Mohan Malla and Ashish Lakhanpal.
Last AGM: 26 July 2018. Financial statements filed for year ended 31 March 2018. Office: Unit No 410 Madhava Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2018, the company reported a revenue of ₹2,102 Cr, a growth of 21.65% compared to the previous year.
As per MCA filings, the company had satisfied charges of ₹38,824 Cr on record.
The company has been merged (amalgamated) with another entity and no longer exists separately. Business activities, if any, continue under the successor entity. The last known website on record is bfil.co.in.
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Registered AddressUnit No 410 Madhava Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051
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IndustryFinancial Services, NBFC
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Bharat Financial Inclusion Limited
Bharat Financial Inclusion Limited has undergone 8 name changes throughout its history. The current legal name is Bharat Financial Inclusion Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Bharat Financial Inclusion Limited | Current |
| Bharat Microfinance Limited | Previous |
| Bharat Inclusion Limited | Previous |
| India Inclusion Services Limited | Previous |
| Financial Inclusion India Limited | Previous |
| Sks Microfinance Limited | Previous |
| Sks Microfinance Limited | Previous |
| Sks Microfinance Private Limited | Previous |
CIN History of Bharat Financial Inclusion Limited
Bharat Financial Inclusion Limited has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L65999MH2003PLC250504, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L65999MH2003PLC250504 | Current |
| U65999AP2003PLC041732 | Previous |
| U65999AP2003PTC041732 | Previous |
| L65999AP2003PLC041732 | Previous |
Business Activity of Bharat Financial Inclusion Limited
Bharat Financial Inclusion Limited operates primarily in the financial and insurance service sector. The company has 1 registered business activity segment, reflecting its diverse operational portfolio.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Financial and insurance Service | Locked | Other financial activities | Locked |
Detailed business activity records for Bharat Financial Inclusion Limited
Activity codes and turnover contribution percentages require an active report plan.
- Activity group codes
- Detailed activity codes
- Turnover contribution
Verified entity values are shown only after access is granted.
Auditor Details of Bharat Financial Inclusion Limited
Bharat Financial Inclusion Limited is audited by B S R and Associates LLP for the financial year 2018. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B S R and Associates LLP | Locked | Locked | Locked |
Complete auditor history for Bharat Financial Inclusion Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors and KMP of Bharat Financial Inclusion Limited
Bharat Financial Inclusion Limited currently reports 9 directors and 1 key managerial person. 19 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajender Mohan Malla | Director | 11 Mar 2016 | 10 Years 5 Months | As last reported |
| Ashish Lakhanpal | Director | 24 May 2017 | 9 Years 3 Months | As last reported |
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Hayagreeva Ravikumar Puranam
Also directs:
Aditya Birla Capital Limited, Samvedna Microfinance Private Limited, Namdev Finvest Private Limited and 5 more
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Director | 22 Mar 2006 | 20 Years 5 Months | As last reported |
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Ashish Kumar Damani
Also directs:
Criss Financial Limited, Caspian Financial Services Limited
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Cfo | 18 Apr 2019 | 7 Years 4 Months | As last reported |
|
Ramachandra Rao Madapati
Also directs:
Srifin Credit Private Limited
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Managing Director | 20 Jul 2011 | 15 Years 1 Months | As last reported |
| Tarun Khanna | Director | 01 Feb 2008 | 18 Years 6 Months | As last reported |
Financials of Bharat Financial Inclusion Limited FY 2018 filings available
Bharat Financial Inclusion Limited reported revenue of ₹2,102 Cr (up 21.65% YoY) for FY 2018.
Ten-year financial statements for Bharat Financial Inclusion Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
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Ownership and Shareholding of Bharat Financial Inclusion Limited
Shareholding and ownership data for Bharat Financial Inclusion Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Bharat Financial Inclusion Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Mar 2019 | Others | ₹3,900 Cr | Satisfied |
| 25 Feb 2019 | Others | ₹1,543 Cr | Satisfied |
| 25 Jan 2019 | Others | ₹200 Cr | Satisfied |
| 03 Sep 2018 | Others | ₹100 Cr | Satisfied |
| 29 Aug 2018 | Axis Bank Limited | ₹300 Cr | Satisfied |
Total charge records: 306 View all charges
Employees and EPFO Compliance at Bharat Financial Inclusion Limited
View historical data on people associated with Bharat Financial Inclusion Limited, including employment history and EPFO contributions.
Employee and EPFO history for Bharat Financial Inclusion Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Bharat Financial Inclusion Limited
GST registrations and filing compliance for Bharat Financial Inclusion Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Bharat Financial Inclusion Limited
Credit ratings, litigation, and regulatory alerts for Bharat Financial Inclusion Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Bharat Financial Inclusion Limited
MSME payment history for Bharat Financial Inclusion Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Bharat Financial Inclusion Limited
Corporate group structure for Bharat Financial Inclusion Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Bharat Financial Inclusion Limited
MCA filings and documents for Bharat Financial Inclusion Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Bharat Financial Inclusion Limited
Recent News on Bharat Financial Inclusion Limited
Frequently Asked Questions about Bharat Financial Inclusion Limited
Bharat Financial Inclusion Limited has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Bharat Financial Inclusion Limited is a amalgamated public limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 22 September 2003 and is registered under CIN L65999MH2003PLC250504. The company was amalgamated as per MCA records and no longer exists as a legal entity.
Bharat Financial Inclusion Limited was incorporated on 22 September 2003. Registered with ROC Mumbai.
The current directors and KMP of Bharat Financial Inclusion Limited are:
- Rajender Mohan Malla - Director
- Ashish Lakhanpal - Director
- Hayagreeva Ravikumar Puranam - Director
- Ashish Kumar Damani - Cfo
- Ramachandra Rao Madapati - Managing Director
- Tarun Khanna - Director
- Bala Chandran Srinivasan - Director
- Punita Kumar Sinha - Director
- Geoffrey Tanner Woolley - Director
- Sanjay Jain - Nominee Director
The CIN (Corporate Identification Number) of Bharat Financial Inclusion Limited is L65999MH2003PLC250504. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The primary industry of Bharat Financial Inclusion Limited is financial services. The company specifically operates in nbfc.