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B.R.Elastics (India) Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 9.00 Cr
- Company Age 16 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 16.47 Cr
- Satisfied Charges ₹ 46.58 Cr
- Revenue Growth -6.74%
- Profit Growth 315.98%
- Ebitda 19.05%
- Net Worth 1.55%
- Total Assets -21.01%
About B.R.Elastics (India)
B.R.Elastics (India) Private Limited (BIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 June 2008 and has a history of 16 years and eight months. Its registered office is in Tirupur, Tamil Nadu, India.
The Company is engaged in the Manufacturing 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 10.00 Cr and a paid-up capital of Rs 9.00 Cr.
The company currently has active open charges totaling ₹16.47 Cr. The company has closed loans amounting to ₹46.58 Cr, as per Ministry of Corporate Affairs (MCA) records.
Balasubramaniam Rathnavelu and Balasubramanian serve as directors at the Company.
Company Details
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Location
Tirupur, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U25199TZ2008PTC014517
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Company No.
014517
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
03 Jun 2008
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Coimbatore
Industry
What products or services does B.R.Elastics (India) Private Limited offer?
B.R.Elastics (India) Private Limited offers a wide range of products and services, including Sewing Threads, Laces & Accessories, Embroidered Laces, Cosmetics, Hair & Beauty Products, Rubber Band, Face Mask & Medical PPE Kits, Elastic Tapes, Packing Straps, Clips & Supplies, Packing Strap, Interlinings.
Who are the key members and board of directors at B.R.Elastics (India)?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Balasubramaniam Rathnavelu
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Managing Director | 03-Jun-2008 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Balasubramanian
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Director | 03-Jun-2008 | Current |
Financial Performance of B.R.Elastics (India).
B.R.Elastics (India) Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 6.74% decrease. The company also saw a substantial improvement in profitability, with a 315.98% increase in profit. The company's net worth moved up by a moderate rise of 1.55%.
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What is the Ownership and Shareholding Structure of B.R.Elastics (India)?
In 2023, B.R.Elastics (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Clifton Export Private LimitedBalasubramanian is a mutual person
Charges (Loans)
₹16.47 Cr
₹46.58 Cr
Charges Breakdown by Lending Institutions
- Others : 16.07 Cr
- Reliance Commercial Finance Private Limited : 0.40 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Jul 2021 | Others | ₹16.07 Cr | Open |
| 26 Oct 2010 | Reliance Commercial Finance Private Limited | ₹4.00 M | Open |
| 07 Feb 2014 | Others | ₹18.71 Cr | Satisfied |
| 22 Nov 2010 | Dhanlaxmi Bank Limited | ₹16.44 Cr | Satisfied |
| 06 Sep 2008 | Sbi Factors And Commercial Services Private Limited | ₹5.25 Cr | Satisfied |
How Many Employees Work at B.R.Elastics (India)?
B.R.Elastics (India) has a workforce of 59 employees as of Apr 03, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of B.R.Elastics (India), 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.R.Elastics (India)'s trajectory.
Rating
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
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.
