Bafna Motors (Ratnagiri) Private Limited

Authorized dealer of Tata Motors vehicles, offering sales, repairs, and spare parts.

1996 | Mumbai, Maharashtra (India) | Active
Last Updated: December 11, 2024

Bafna Motors (Ratnagiri) Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 0.54 M
  • Company Age 28 Year, 11 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 5.41 Cr
  • Satisfied Charges ₹ 5.00 M
  • Revenue Growth -24.01%
  • Profit Growth -3.63%
  • Ebitda -88.67%
  • Net Worth -16.57%
  • Total Assets -22.47%

About Bafna Motors (Ratnagiri)

Bafna Motors (Ratnagiri) Private Limited (BMRPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 February 1996 and has a history of 28 years and 11 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 2021. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 0.54 M.

The company currently has active open charges totaling ₹5.41 Cr. The company has closed loans amounting to ₹5.00 M, 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
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U34100MH1996PTC097465

  • Company No.

    097465

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Feb 1996

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Automotive

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

Board Members (3)

Name Designation Appointment Date Status
Sumati Bafna Country flag representing In Director 19-Feb-1996 Current
Nanda Bafna Country flag representing In Director 24-Apr-2023 Current
Devendra Sharma Country flag representing In Director 31-Aug-2020 Current

Financial Performance of Bafna Motors (Ratnagiri).

Bafna Motors (Ratnagiri) Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 24.01% decrease. The company also saw a slight decrease in profitability, with a 3.63% decrease in profit. The company's net worth observed a substantial decline by a decrease of 16.57%.

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
-24.01%
Revenue from Operations
-24.09%
Total Assets
-22.47%
Profit or Loss
-3.63%
Net Worth
-16.57%
EBITDA
-88.67%

What is the Ownership and Shareholding Structure of Bafna Motors (Ratnagiri)?

In 2020, Bafna Motors (Ratnagiri) had a promoter holding of 48.15% and a public holding of 51.85%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹54.05 M

Satisfied Charges

₹5.00 M

Charges Breakdown by Lending Institutions

  • Tata Capital Financial Services Limited : 5.38 Cr
  • Janalaxmi Co-Op. Bank Ltd : 0.03 Cr

Latest Charge Details

Date Lender Amount Status
29 Sep 2016 Tata Capital Financial Services Limited ₹5.38 Cr Open
15 Apr 2002 Janalaxmi Co-Op. Bank Ltd ₹0.25 M Open
01 Dec 1998 Rupee Co-Op. Bank Ltd ₹5.00 M Satisfied

How Many Employees Work at Bafna Motors (Ratnagiri)?

Unlock and access historical data on people associated with Bafna Motors (Ratnagiri), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • 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 1 year 9 months .

    24 Apr 2023

  • Annual General Meeting

    Bafna Motors (Ratnagiri) Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Bafna Motors (Ratnagiri) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai.

    31 Mar 2021

  • Director Appointment

    Devendra Munnalal Sharma was appointed as a Director was appointed as a Director on 31 Aug 2020 & has been associated with this company since 4 years 5 months .

    31 Aug 2020

  • Charges

    A charge with Tata Capital Financial Services Limited amounted to Rs. 53.80 M with Charge ID 100072523 was registered on 29 Sep 2016.

    29 Sep 2016

  • Charges

    A charge registered on 01 Dec 1998 via Charge ID 90157026 with Rupee Co-Op. Bank Ltd was fully satisfied on 20 Aug 2009.

    20 Aug 2009

Frequently asked questions

  • Bafna Motors (Ratnagiri) Private Limited was incorporated on 19 Feb 1996.

  • The authorized share capital of Bafna Motors (Ratnagiri) Private Limited is ₹ 2.50 M and paid-up capital is ₹ 0.54 M.

  • Currently 3 directors are associated with Bafna Motors (Ratnagiri) Private Limited.

    • Sumati Prasad Mishrilal Bafna
    • Nanda Sumatiprasad Bafna
    • Devendra Munnalal Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bafna Motors (Ratnagiri) Private Limited is Unit No. 712 7Th Floor World Trade Centre No.1 Cuffe Parade, Colaba India, Mumbai, Maharashtra, 400005.

  • The corporate identification number (CIN) of Bafna Motors (Ratnagiri) Private Limited is U34100MH1996PTC097465 and the company number is 097465 as per Ministry of Corporate Affairs (MCA).

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

  • According to the financial reports for the fiscal year 2020, the revenue trend for Bafna Motors (Ratnagiri) Private Limited has fallen by -24.01%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Bafna Motors (Ratnagiri) Private Limited has experienced an downturn of -16.57%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Bafna Motors (Ratnagiri) Private Limited amount to ₹ 5.41 Cr.

  • The most recent Balance Sheet for Bafna Motors (Ratnagiri) Private Limited was filed with the ROC on 31 Mar 2021.