Business Algorithms Private Limited Company Logo

Business Algorithms Private Limited - Company Profile

It is a information technology private limited company based in Nagpur, Maharashtra, India, established in 1994.

1994 | Nagpur, Maharashtra, India | Active
Last Updated:

About Business Algorithms Private Limited

Business Algorithms Private Limited, a active private limited company, was established on 24 August 1994 in Nagpur, Maharashtra, India. Engaging in it products retail & distribution within the trade sector, it holds CIN: U72900MH1994PTC080566. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.70 M.

It upholds a compliant status. Employing 19 professional, Its leadership includes Shreyas Prashant Ugemuge (Director), Prashant Bhaurao Ugemuge (Director), Jyotsana Prashant Ugemuge (Director). Past directors included Rita Sudhir Budhay, Rasika Sudhir Budhay, Sudhir Sukharup Budhay. It holds ₹238.11 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Plot No 28, It Park,Opp Gayatri Mandir Bus Station,Parsodi, Nagpur, Maharashtra, 440022.

Company Details

  • CIN/LLPIN

    U72900MH1994PTC080566

  • Registration Number

    080566

  • Incorporation Date

    24 August 1994

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹0.70 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.70 M
  • Company Age 31 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 238.11 Cr
  • Revenue Growth 3.07%
  • Profit Growth 101.95%
  • Ebitda -29.24%
  • Net Worth 29.49%
  • Total Assets 38.79%
Company report

Business Algorithms Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Business Algorithms Private 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 Business Algorithms Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Shreyas Prashant UgemugeDirector01 Dec 2024Current
Prashant Bhaurao UgemugeDirector01 Aug 2022Current
Jyotsana Prashant UgemugeDirector01 Aug 2022Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector09 Sep 2022Past
Pramod AbcsddDirector09 Sep 2022Past
Pramod AbcsddDirector09 Sep 2022Past
Pramod AbcsddDirector22 Aug 2019Past
Pramod AbcsddDirector09 Sep 2022Past

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Financial Performance of Business Algorithms.

Business Algorithms Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.07% increase. The company also saw a substantial improvement in profitability, with a 101.95% increase in profit. The company's net worth Soared by an impressive increase of 29.49%.

Business Algorithms revenue growth over time
Business Algorithms 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
3.07%
Revenue from Operations
-8.79%
Total Assets
38.79%
Profit or Loss
101.95%
Net Worth
29.49%
EBITDA
-29.24%

What is the Ownership and Shareholding Structure of Business Algorithms?

Unlock access to Business Algorithms's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹2,381,050,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 233.50 Cr
  • Shikshak Sahakari Bank Limited : 4.60 Cr
  • State Bank Of India : 0.01 Cr

Latest Charge Details

DateLenderAmountStatus
28 Mar 2024Shikshak Sahakari Bank Limited₹4.60 CrOpen
02 Mar 2024Others₹10.00 CrOpen
08 Dec 2023Others₹223.50 CrOpen
02 Jul 1996State Bank Of India₹0.05 MOpen

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How Many Employees Work at Business Algorithms?

Business Algorithms has a workforce of 19 employees as of Apr 04, 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 Business Algorithms Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Business Algorithms, 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 Business Algorithms'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

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Latest Updates, News, and FAQs on Business Algorithms

Recent Activity within the Organization

  • Director Appointment

    Shreyas Prashant Ugemuge was appointed as a Director was appointed as a Director on 01 Dec 2024 & has been associated with this company since 1 year 21 days . was recorded as a recent event.

  • Annual General Meeting

    Progress on Business Algorithms Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Business Algorithms Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was completed.

  • Charges

    A charge with Shikshak Sahakari Bank Limited amounted to Rs. 46.00 M with Charge ID 100905085 was registered on 28 Mar 2024. was recorded as a recent event.

  • Charges

    The activity A charge with Others amounted to Rs. 100.00 M with Charge ID 100887958 was registered on 02 Mar 2024. was completed.

  • Charges

    Progress on A charge with Others amounted to Rs. 2,235.00 M with Charge ID 100829968 was registered on 08 Dec 2023. was documented.

Frequently Asked Questions

  • What is the CIN of Business Algorithms Private Limited?

    The CIN of Business Algorithms Private Limited is U72900MH1994PTC080566.

  • Where is Business Algorithms Private Limited headquartered?

    Business Algorithms Private Limited is headquartered at Plot No 28, It Park,Opp Gayatri Mandir Bus Station,Parsodi, Nagpur, Maharashtra, 440022.

  • When was Business Algorithms Private Limited incorporated?

    Business Algorithms Private Limited was incorporated on 24 August 1994.

  • Who are the current directors of Business Algorithms Private Limited?

    The current directors of Business Algorithms Private Limited are

  • What is the primary industry of Business Algorithms Private Limited?

    The primary industry of Business Algorithms Private Limited is Trade.

  • Is Business Algorithms Private Limited a listed company?

    Business Algorithms Private Limited is unlisted.

  • What is the capital structure of Business Algorithms Private Limited?

    The authorized capital of Business Algorithms Private Limited is ₹1.00 M, and the paid-up capital is ₹0.70 M.

  • What is the compliance status of Business Algorithms Private Limited?

    The compliance status of Business Algorithms Private Limited is Compliant.

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