Baggit India Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.89 Cr
- Company Age 16 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 60.72 Cr
- Satisfied Charges ₹ 61.50 Cr
- Revenue Growth 124.54%
- Profit Growth 403.39%
- Ebitda 5304.96%
- Net Worth 72.48%
- Total Assets 38.98%
About Baggit India
Baggit India Private Limited (BIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 November 2008 and has a history of 16 years and three months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Home & Lifestyle 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 2.00 Cr and a paid-up capital of Rs 1.89 Cr.
The company currently has active open charges totaling ₹60.72 Cr. The company has closed loans amounting to ₹61.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Nina Lekhi, Vikas Ahuja, and Vishal Ahuja 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
U74999MH2008PTC187968
- Company No.
187968
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
04 Nov 2008
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does Baggit India Private Limited offer?
Baggit India Private Limited offers a wide range of products and services, including Fashion Caps, Casual Cap, Ladies Bags, Leather Belt, Fashion Leather Belt, Mobile Cover, Mobile Pouch, Wallet, Ladies Wallets, Bags.
Who are the key members and board of directors at Baggit India?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nina Lekhi  | Managing Director | 04-Nov-2008 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vikas Ahuja | Director | 04-Oct-2012 | Current |
| Vishal Ahuja | Director | 03-Oct-2017 | Current |
Financial Performance of Baggit India.
Baggit India Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 124.54% increase. The company also saw a substantial improvement in profitability, with a 403.39% increase in profit. The company's net worth Soared by an impressive increase of 72.48%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Baggit India?
In 2022, Baggit 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)
Association For Development Of Handbags And Small Bags IndustryNina Lekhi is a mutual person
Charges (Loans)
₹60.72 Cr
₹61.50 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 40.72 Cr
- Yes Bank Limited : 20.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Apr 2023 | Yes Bank Limited | ₹5.00 Cr | Open |
| 31 Aug 2022 | Axis Bank Limited | ₹40.72 Cr | Open |
| 14 Aug 2019 | Yes Bank Limited | ₹15.00 Cr | Open |
| 12 Mar 2021 | Others | ₹4.80 Cr | Satisfied |
| 28 Oct 2015 | Others | ₹31.76 Cr | Satisfied |
How Many Employees Work at Baggit India?
Baggit India has a workforce of 735 employees as of Apr 07, 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 Baggit 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 Baggit 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.
