Basic Needs Homeware Private Limited - Due diligence report

A 360° intelligence report on Basic Needs Homeware Private Limited: trust score, financial health, credit view, compliance, directors, growt…

2017-09-27 Bangalore, Karnataka Active Unlisted Active Compliant
Share
Connect MCP
BN Basic Needs Homeware Private Limited
Full Due-Diligence Report + Documents
  • Unlock all financial figures & 5-year trends
  • Full trust, health & credit-risk scores
  • Director details, charges & MCA documents
₹700 ₹449 Save ₹251 excl. GST
Or from ₹279/report with credits View credit packages
Company Credits – Starter
  • One credit unlocks this full due-diligence report
  • Use across any company’s report, anytime
  • Credits valid for 12 months
× ₹700 ₹279 = ₹2,790 60% off
Choose your own credit amount View credit packages

Basic Needs Homeware Private Limited — 360° Intelligence Report

Generated from MCA filings & public records
70/100
Trust Score
Moderate

Basic Needs Homeware Private Limited is assessed as Moderate with a Trust Score of 70/100. Basic Needs Homeware Private Limited is an active private limited indian non-government company incorporated in 2017, operating in the Consumer Electronics & Durables sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a moderate compliance risk and low financial risk profile.

Report generated on 09 Oct 2026 from the latest processed filings. Basic Needs Homeware Private Limited snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Good

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreModerate
70/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
65/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
75/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
30/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreModerate
55/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
85/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
80/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

Get full access

Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 30/100 Caution Indicated
  • Liabilities ≈ 38% EBITDA - stretched.
  • Open charges exceed net worth - secured lenders rank ahead.
  • Elevated gearing (D/E 1.42).
  • Profitable - internal accruals available.

Charges position: 2 open (73.47 Lakh) · 0 satisfied (-).

Banking relationships (from registered charges)
LenderChargesAmount
State Bank Of India1 48.0 cr
Hdfc Bank Limited1 48.0 cr
Compliance Score: 65/100 Moderate
  • Company status is Active as per MCA.
  • Last balance sheet is for Mar 2024 - filings overdue.
  • 2 auditor resignation(s) filed - latest: Binay Kumar & Co. on 2023-01-28.
  • 1 active GST registration(s).
05

Director Intelligence

Stability score: 55/100
NameDIN / PANDesignationAppointedTenureDIN status
NEELA EDWARDS 01234567 Director 01/04/2018 6 yrs Approved
Neil Joseph Maddela 01234567 Director 01/04/2018 6 yrs Approved
BINOYJOHN RAPHAEL MADDLA 01234567 Director 01/04/2018 6 yrs Approved
  • 3 directors on the board.
  • Neil Joseph Maddela has DIN status "Deactivated due to non-filing of DIR-3 KYC".
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2024)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2024 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
0 allotment(s) · 1 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 85 · Distress 80
Growth signals & trust indicators
Revenue acceleration: +2.1x over 4 year(s).
Profit expanded 24% year-on-year.
Net margin improved to 0.86.
Operating for 9 years.
Active GST registration(s).
Distress signals & risk flags
Statutory filings appear overdue.
2 open charge(s) registered - assets are encumbered.
2 auditor resignation(s) on record - review the stated reasons.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence71/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 1 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment52/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 2 open charge(s) of 73.47 Lakh already registered.
  • Compliance gaps should be priced into terms.
Investor view78/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 3 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management churn warrants questions.
09

MCA Filings & Events Timeline

Latest 10 events
30 Sep 2024
Last AGM held
Annual general meeting
31 Mar 2024
Latest balance sheet
Filed with ROC
21 Feb 2024
Charge created
Hdfc Bank Limited - 8.47 Lakh
31 Mar 2022
Share transfer (FY 2022)
2.00000000 shares to Neela Edwards
30 Nov 2021
Director ceased
NEELA EDWARDS
18 Nov 2021
Director appointed
NEELA EDWARDS (Director)
05 Feb 2020
Charge created
State Bank Of India - 65.00 Lakh
27 Sep 2017
Incorporated
Registered with Roc Bangalore
Director appointed
Neil Joseph Maddela (Director)
Director appointed
BINOYJOHN RAPHAEL MADDLA (Director)
10

Key Observations

Auto-generated from the data above
Revenue grew 61% over the last 4 financial year(s).
Net profit margin moved from 38% to 1.42.
Debt-to-equity stands at 2.1x - leverage worth monitoring.
Net worth is positive.
3 active director(s) / partner(s); review board churn before relying on management continuity.
1 active GST registration(s) indicate ongoing business operations.
Promoters hold a dominant controlling stake as per the FY 2024 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Inchara Infotech Private Limited U72900KA2009PTC050794 Bangaluru, Karnataka
Paradiso Fashion (Opc) Private Limited U17290KA2018OPC118221 Bangaluru, Karnataka
Meridian Electronics Private Limited U32109KA2000PTC027330 Bangaluru, Karnataka
Abtech Network Technology Private Limited U72900KA2020PTC141374 Bangaluru, Karnataka
Ultragrid Engineering Services Private Limited U43210KA2025PTC197526 Bangaluru, Karnataka
Kuna'S Services Private Limited U01100KA2021PTC144334 Bangaluru, Karnataka
Aanvi Safety Private Limited U33100KA2020PTC136702 Bangaluru, Karnataka
Bombardin Tech Private Limited U72900KA2020PTC141528 Bangalore, Karnataka
Aasri Consultants Private Limited U72200KA2008PTC048644 Bangaluru, Karnataka
Federtek Solutions Private Limited U74999KA2017PTC108818 Bangaluru, Karnataka
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Basic Needs Homeware Private Limited before audits and certifications: compliance score 65/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Basic Needs Homeware Private Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 30/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 85/100, margin trends, ownership structure and peer set for Basic Needs Homeware Private Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 70/100, distress signals and MSME payment-delay disclosures - know whether Basic Needs Homeware Private Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Basic Needs Homeware Private Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Basic Needs Homeware Private Limited an active company?

Basic Needs Homeware Private Limited has MCA status “Active” with a compliance score of 65/100 (Moderate).

Is Basic Needs Homeware Private Limited financially healthy?

Basic Needs Homeware Private Limited has a Financial Health Score of 75/100 (Low Risk) based on its filed financial statements.

Should I do business with Basic Needs Homeware Private Limited?

Its overall Trust Score is 70/100 (Moderate). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Basic Needs Homeware Private Limited?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 3 active director(s) are on record.

Does Basic Needs Homeware Private Limited have loans or charges against its assets?

2 open charge(s) are registered against its assets.

Is Basic Needs Homeware Private Limited up to date with its ROC filings?

Last balance sheet is for Mar 2024 - filings overdue. Overall compliance score: 65/100 (Moderate).

Is it risky to lend to Basic Needs Homeware Private Limited?

Its Credit Risk Score is 30/100 (Caution Indicated). Banker verdict: Mixed indicators - deeper appraisal suggested.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.