B C I Bearings Private Limited

Manufactures and sells ball bearings, machinery, and engineering items.

1987 | Punjab, Punjab (India) | Active
Last Updated: July 04, 2024

B C I Bearings Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.30 M
  • Company Age 37 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.25 Cr
  • Satisfied Charges ₹ 3.53 Cr
  • Revenue Growth -24.97%
  • Profit Growth -73.84%
  • Ebitda -1084.43%
  • Net Worth 6.81%
  • Total Assets 1.03%

About B C I Bearings

B C I Bearings Private Limited (BCIBPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 September 1987 and has a history of 37 years and four months. Its registered office is in Punjab, Punjab, India.

The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.50 M and a paid-up capital of Rs 1.30 M.

The company currently has active open charges totaling ₹2.25 Cr. The company has closed loans amounting to ₹3.53 Cr, as per Ministry of Corporate Affairs (MCA) records.

Parveen Dhir and Bal Krishan serve as directors at the Company.

Company Details

  • Location

    Punjab, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28939PB1987PTC007688

  • Company No.

    007688

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Sep 1987

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Metals and Minerals

Who are the key members and board of directors at B C I Bearings?

Board Members (2)

Name Designation Appointment Date Status
Parveen Dhir Country flag representing In Director 25-Mar-2019 Current
Bal Krishan Country flag representing In Director 25-Mar-2019 Current

Financial Performance of B C I Bearings.

B C I Bearings Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 24.97% decrease. The company also saw a substantial fall in profitability, with a 73.84% decrease in profit. The company's net worth moved up by a moderate rise of 6.81%.

Graph illustrating revenue growth over time
Graph showing 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
-24.97%
Revenue from Operations
Total Assets
1.03%
Profit or Loss
-73.84%
Net Worth
6.81%
EBITDA
-1084.43%

What is the Ownership and Shareholding Structure of B C I Bearings?

In 2023, B C I Bearings had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹22.50 M

Satisfied Charges

₹35.28 M

Charges Breakdown by Lending Institutions

  • Allahabad Bank : 1.25 Cr
  • State Bank Of India : 1.00 Cr

Latest Charge Details

Date Lender Amount Status
29 Jan 2010 Allahabad Bank ₹1.25 Cr Open
08 Aug 2005 State Bank Of India ₹1.00 Cr Open
30 Dec 2013 Religare Finvest Limited ₹2.88 Cr Satisfied
24 Feb 1997 State Bank Of India ₹0.45 M Satisfied
09 Apr 1990 Punjab National Bank ₹0.50 M Satisfied

How Many Employees Work at B C I Bearings?

B C I Bearings has a workforce of 2 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of B C I Bearings, 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 B C I Bearings'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 B C I Bearings

Recent activity within the organization

  • Annual General Meeting

    B C I Bearings Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    B C I Bearings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge registered on 30 Dec 2013 via Charge ID 10468838 with Religare Finvest Limited was fully satisfied on 17 Jan 2020.

    17 Jan 2020

  • Director Appointment

    Parveen Dhir was appointed as a Director was appointed as a Director on 25 Mar 2019 & has been associated with this company since 5 years 10 months .

    25 Mar 2019

  • Director Appointment

    Bal Krishan was appointed as a Director was appointed as a Director on 25 Mar 2019 & has been associated with this company since 5 years 10 months .

    25 Mar 2019

  • Charges

    A charge with Religare Finvest Limited of Rs. 28.77 M registered on 30 Dec 2013 with Charge ID 10468838 was modified on 25 Mar 2015.

    25 Mar 2015

Frequently asked questions

  • B C I Bearings Private Limited was incorporated on 24 Sep 1987.

  • The authorized share capital of B C I Bearings Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.30 M.

  • Currently 2 directors are associated with B C I Bearings Private Limited.

    • Parveen Dhir
    • Bal Krishan
  • As per Ministry of Corporate Affairs (Mca), the registered address of B C I Bearings Private Limited is 26 Ecourt Road Amritsar, Punjab, India, 143001.

  • The corporate identification number (CIN) of B C I Bearings Private Limited is U28939PB1987PTC007688 and the company number is 007688 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for B C I Bearings Private Limited has fallen by -24.97%.

  • As Per 2023 financial reports, 2 employees are currently employed by B C I Bearings Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of B C I Bearings Private Limited has experienced an upsurge of 6.81%.

  • As per the financial statements for fiscal Year 2023, The total open charges for B C I Bearings Private Limited amount to ₹ 2.25 Cr.

  • The most recent Balance Sheet for B C I Bearings Private Limited was filed with the ROC on 31 Mar 2023.

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