Bafna Motors Private Limited

Authorized dealer of Tata Motors vehicles, with 2,000 employees and annual sales of 15,000 vehicles.

1973 | Mumbai, Maharashtra (India) | Active
Last Updated:

Bafna Motors Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.02 M
  • Company Age 51 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 81.24 Cr
  • Satisfied Charges ₹ 19.78 Cr
  • Revenue Growth -12.39%
  • Profit Growth -74.86%
  • Ebitda -12.40%
  • Net Worth 5.64%
  • Total Assets -46.87%

About Bafna Motors

Bafna Motors Private Limited (BMPL) was founded in India on 22 October 1973 and has a glorious history of 51 years and six months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Automotive 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 2.50 M and a paid-up capital of Rs 2.02 M.

The company currently has active open charges totaling ₹81.24 Cr. The company has closed loans amounting to ₹19.78 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sumati Bafna, Nanda Bafna, and Devendra Sharma serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U50100MH1973PTC016956

  • Company No.

    016956

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Oct 1973

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Automotive

What products or services does Bafna Motors Private Limited offer?

Bafna Motors Private Limited offers a wide range of products and services, including Chassis, Automobile Body Coach Building, Trucks, Heavy Duty Truck.

Company report

Bafna Motors Private Limited

Explore comprehensive data for Bafna Motors Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Bafna Motors?

Board Members (3)

NameDesignationAppointment DateStatus
Sumati Bafna Country flag representing In Director 12-Aug-1984Current
Nanda Bafna Country flag representing In Director 24-Apr-2023Current
Devendra Sharma Country flag representing In Director 12-Oct-2020Current

Financial Performance of Bafna Motors.

Bafna Motors Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 12.39% decrease. The company also saw a substantial fall in profitability, with a 74.86% decrease in profit. The company's net worth moved up by a moderate rise of 5.64%.

Bafna Motors revenue growth over time
Bafna Motors 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
-12.39%
Revenue from Operations
-12.40%
Total Assets
-46.87%
Profit or Loss
-74.86%
Net Worth
5.64%
EBITDA
-12.40%

What is the Ownership and Shareholding Structure of Bafna Motors?

In 2020, Bafna Motors had a promoter holding of 49.50% and a public holding of 50.49%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹812.40 M

Satisfied Charges

₹197.75 M

Charges Breakdown by Lending Institutions

  • Others : 52.50 Cr
  • Punjab & Maharashtra Co-Operative Bank Ltd. : 17.50 Cr
  • Tata Capital Financial Services Limited : 8.24 Cr
  • Hdfc Bank Limited : 3.00 Cr

Latest Charge Details

DateLenderAmountStatus
28 Oct 2020Hdfc Bank Limited₹3.00 CrOpen
03 May 2017Tata Capital Financial Services Limited₹8.24 CrOpen
21 Dec 2016Others₹32.50 CrOpen
27 Jul 2010Punjab & Maharashtra Co-Operative Bank Ltd.₹17.50 CrOpen
27 Jul 2010Others₹20.00 CrOpen

How Many Employees Work at Bafna Motors?

Bafna Motors has a workforce of 33 employees as of Apr 05, 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 Bafna Motors Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bafna Motors, 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 Bafna Motors'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 Bafna Motors

Recent activity within the organization

  • Annual General Meeting

    Bafna Motors Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Director Appointment

    Nanda Sumatiprasad Bafna was appointed as a Director was appointed as a Director on 24 Apr 2023 & has been associated with this company since 2 years 20 days .

  • Balance Sheet

    Bafna Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 30.00 M with Charge ID 100399418 was registered on 28 Oct 2020.

  • Director Appointment

    Devendra Munnalal Sharma was appointed as a Director was appointed as a Director on 12 Oct 2020 & has been associated with this company since 4 years 7 months .

  • Charges

    A charge with Others of Rs. 200.00 M registered on 27 Jul 2010 with Charge ID 10238054 was modified on 22 Jun 2018.

Frequently asked questions

  • What is the Incorporation or founding date of Bafna Motors Private Limited?

    Bafna Motors Private Limited was incorporated on 22 Oct 1973.

  • What is authorized share capital and paid-up capital of Bafna Motors Private Limited?

    The authorized share capital of Bafna Motors Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.02 M.

  • Who are the current board members & directors of Bafna Motors Private Limited?

    Currently 3 directors are associated with Bafna Motors Private Limited.

    • Sumati Prasad Mishrilal Bafna
    • Nanda Sumatiprasad Bafna
    • Devendra Munnalal Sharma

  • What is the registered address of Bafna Motors Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Bafna Motors Private Limited is Unit No. 712 7Th Floor World Trade Centre No.1 Cuffe Parade, Colaba India, Mumbai, Maharashtra, 400005.

  • What is the corporate identification number (CIN) and company number of Bafna Motors Private Limited?

    The corporate identification number (CIN) of Bafna Motors Private Limited is U50100MH1973PTC016956 and the company number is 016956 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Bafna Motors Private Limited?

    The Official website of Bafna Motors Private Limited is https://www.bafnamotors.in

  • What has been the recent revenue trend for Bafna Motors Private Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Bafna Motors Private Limited has fallen by -12.39%.

  • How many employees does Bafna Motors Private Limited currently have?

    As Per 2020 financial reports, 33 employees are currently employed by Bafna Motors Private Limited.

  • What change has been observed in the net worth of Bafna Motors Private Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Bafna Motors Private Limited has experienced an upsurge of 5.64%.

  • What are the total open charges for Bafna Motors Private Limited?

    As per the financial statements for fiscal Year 2020, The total open charges for Bafna Motors Private Limited amount to ₹ 81.24 Cr.

  • When was the last Balance Sheet of Bafna Motors Private Limited filed with the ROC?

    The most recent Balance Sheet for Bafna Motors Private Limited was filed with the ROC on 31 Mar 2023.

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