Blend Financial Services Limited - Company Profile

It is a business outsourcing public limited company based in Mumbai, Maharashtra, India, established in 1997.

1997 Mumbai, Maharashtra, India Active

Last Updated: January 01, 2026

About Blend Financial Services Limited

Blend Financial Services Limited, a active public limited company, was established on 04 December 1997 in Mumbai, Maharashtra, India. Engaging in business & it consulting within the financial and insurance service sector, it holds CIN: U67190MH1997PLC112262. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹18.00 Cr and a paid-up capital of ₹12.60 Cr.

Formerly known as Blend Financial Services Private Limited. It upholds a compliant status. Employing 73 professional, Its leadership includes Tity Thomas Placheri (Director), Kailash Chandra Bhagwandas Gupta (Whole-Time Director), Vaibhavi Mahendrakumar Thakkar (Whole-Time Director). Past directors included Atul Manubhai Desai, Sankarakrishnan Ramalingam, Tity Thomas Placheri. It holds ₹4.80 Cr open charges and ₹13.60 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 404, 4Th Floor, C- Wing, Pramukh Plaza, Cardinal Gracious Road, Chakala, Andheri, (East),, Mumbai, Maharashtra, 400099.

Company Details

CIN/LLPIN
U67190MH1997PLC112262
Registration Number
112262
Incorporation Date
04 December 1997
Authorized Capital
₹18.00 Cr
Paid-Up Capital
₹12.60 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 18.00 Cr as on 01-01-2026
Paid Up Capital ₹ 12.60 Cr as on 01-01-2026
Company Age 28 Year, 3 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 4.80 Cr as on 01-01-2026
Satisfied Charges ₹ 13.60 Cr as on 01-01-2026
Revenue Growth **** 24.02% (FY 2023)
Profit Growth **** 248.62% (FY 2023)
Ebitda **** -27.98% (FY 2023)
Net Worth 1.05% (FY 2023)
Total Assets **** 18.35% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Blend Financial Services 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 Blend Financial Services Limited?

Current Directors

Name	Designation	Appointment Date	Status
Tity Thomas Placheri	Director	02 Aug 2024	Current
Kailash Chandra Bhagwandas Gupta	Whole-Time Director	04 Dec 1997	Current
Vaibhavi Mahendrakumar Thakkar	Whole-Time Director	15 Apr 2007	Current
Ravi Kailashchandra Gupta	Managing Director	04 Dec 1997	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	30 Sep 2008	Past
Pramod Abcsdd	Director	16 Jun 2008	Past
Pramod Abcsdd	Director	01 Nov 2017	Past
Pramod Abcsdd	Company Secretary	31 May 2024	Past
Pramod Abcsdd	Director	25 May 2010	Past
Pramod Abcsdd	Director	19 Aug 2011	Past

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Financial Performance of Blend Financial Services.

Blend Financial Services Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 24.02% increase. The company also saw a substantial improvement in profitability, with a 248.62% increase in profit. The company's net worth moved up by a moderate rise of 1.05%.

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

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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

********

24.02%

*******

Revenue from Operations

*******

24.52%

*******

Total Assets

*******

18.35%

*******

Profit or Loss

*******

248.62%

*******

Net Worth

*******

1.05%

*******

EBITDA

*******

-27.98%

*******

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What is the Ownership and Shareholding Structure of Blend Financial Services?

In 2023, Blend Financial Services had a promoter holding of 90.74% and a public holding of 9.27%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

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

₹48,000,000.00

Satisfied Charges

₹136,000,000.00

Charges Breakdown by Lending Institutions

Hdfc Bank Limited : 2.50 Cr
Others : 1.55 Cr
Bank Of India : 0.75 Cr

Latest Charge Details

Date	Lender	Amount	Status
30 Oct 2025	Bank Of India	₹7.50 M	Open
18 Nov 2022	Hdfc Bank Limited	₹2.50 Cr	Open
24 Aug 2022	Others	₹1.55 Cr	Open
28 Sep 2018	Bank Of India	₹3.00 Cr	Satisfied
29 Feb 2012	Icici Bank Limited	₹1.70 Cr	Satisfied

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How Many Employees Work at Blend Financial Services?

Blend Financial Services has a workforce of 73 employees as of Apr 01, 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

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Blend Financial Services, 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 Blend Financial Services's trajectory.

Rating

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Alerts

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 Blend Financial Services

Recent Activity within the Organization

Charges

Progress on A charge with Bank Of India amounted to Rs. 0.75 Cr with Charge ID 101191454 was registered on 30 Oct 2025. was documented.
30 Oct 2025
Annual General Meeting

Blend Financial Services Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.
30 Sep 2024
Director Appointment

Progress on Tity Thomas Placheri was appointed as a Director was appointed as a Director on 02 Aug 2024 & has been associated with this company since 1 year 7 months . was documented.
02 Aug 2024
Balance Sheet

Progress on Blend Financial Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was documented.
31 Mar 2024
Charges

The activity A charge with Hdfc Bank Limited amounted to Rs. 2.50 Cr with Charge ID 100647758 was registered on 18 Nov 2022. was completed.
18 Nov 2022
Charges

A charge with Others amounted to Rs. 1.55 Cr with Charge ID 100621213 was registered on 24 Aug 2022. was recorded as a recent event.
24 Aug 2022

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