Bag Electronics & Technology (India) Private Limited

Manufactures and sells automotive components and equipment for various vehicles.

2022 | Mumbai, Maharashtra (India) | Active
Last Updated: January 12, 2025

Bag Electronics & Technology (India) Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.38 M
  • Company Age 2 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.00 Cr
  • Revenue Growth %
  • Profit Growth 414697.50%
  • Net Worth 2083.40%
  • Total Assets 14354.04%

About Bag Electronics & Technology (India)

Bag Electronics & Technology (India) Private Limited (BETIPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 July 2022 (Two years and seven months 20 days old ). 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 2024. It's a company limited by shares with an authorized capital of Rs 1.50 M and a paid-up capital of Rs 1.38 M.

The company currently has active open charges totaling ₹9.00 Cr.

Isha Raval and Naman Shah 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

    U31909MH2022PTC386088

  • Company No.

    386088

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Jul 2022

  • Date of AGM

    03 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Automotive

Who are the key members and board of directors at Bag Electronics & Technology (India)?

Board Members (2)

NameDesignationAppointment DateStatus
Isha Raval Country flag representing In Director 05-Jul-2022Current
Naman Shah Country flag representing In Director 05-Jul-2022Current

Financial Performance of Bag Electronics & Technology (India).

Bag Electronics & Technology (India) Private Limited, for the financial year ended 2024, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 414697.5% increase in profit. The company's net worth Soared by an impressive increase of 2083.4%.

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
Revenue from Operations
Total Assets
14354.04%
Profit or Loss
414697.50%
Net Worth
2083.40%
EBITDA

What is the Ownership and Shareholding Structure of Bag Electronics & Technology (India)?

In 2024, Bag Electronics & Technology (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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹90.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 7.00 Cr
  • Others : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
29 Mar 2024Others₹2.00 CrOpen
10 Jul 2023State Bank Of India₹7.00 CrOpen

How Many Employees Work at Bag Electronics & Technology (India)?

Unlock and access historical data on people associated with Bag Electronics & Technology (India), 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 Bag Electronics & Technology (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 Bag Electronics & Technology (India)'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 Bag Electronics & Technology (India)

Recent activity within the organization

  • Annual General Meeting

    Bag Electronics & Technology (India) Private Limited last Annual general meeting of members was held on 03 Jul 2024 as per latest MCA records.

    03 Jul 2024

  • Balance Sheet

    Bag Electronics & Technology (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 20.00 M with Charge ID 100903342 was registered on 29 Mar 2024.

    29 Mar 2024

  • Charges

    A charge with State Bank Of India amounted to Rs. 70.00 M with Charge ID 100756725 was registered on 10 Jul 2023.

    10 Jul 2023

  • Director Appointment

    Isha Hiteshkumar Raval was appointed as a Director was appointed as a Director on 05 Jul 2022 & has been associated with this company since 2 years 7 months .

    05 Jul 2022

  • Director Appointment

    Naman Arun Shah was appointed as a Director was appointed as a Director on 05 Jul 2022 & has been associated with this company since 2 years 7 months .

    05 Jul 2022

Frequently asked questions

  • Bag Electronics & Technology (India) Private Limited was incorporated on 05 Jul 2022.

  • The authorized share capital of Bag Electronics & Technology (India) Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.38 M.

  • Currently 2 directors are associated with Bag Electronics & Technology (India) Private Limited.

    • Isha Hiteshkumar Raval
    • Naman Arun Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bag Electronics & Technology (India) Private Limited is Flat No. 101 Bianca Building Cts No 98 Gundawali Azad Road, Andheri East India, Mumbai, Maharashtra, 400069.

  • The corporate identification number (CIN) of Bag Electronics & Technology (India) Private Limited is U31909MH2022PTC386088 and the company number is 386088 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2024 indicates that The net worth of Bag Electronics & Technology (India) Private Limited has experienced an upsurge of 2083.40%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Bag Electronics & Technology (India) Private Limited amount to ₹ 9.00 Cr.

  • The most recent Balance Sheet for Bag Electronics & Technology (India) Private Limited was filed with the ROC on 31 Mar 2024.