Bagzone Lifestyles Private Limited

This company sells suitcases, briefcases, handbags, and footwear from various brands and its own brand.

2008 | Mumbai, Maharashtra (India) | Active
Last Updated: November 17, 2024

Bagzone Lifestyles Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 20.10 Cr
  • Company Age 16 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 102.85 Cr
  • Satisfied Charges ₹ 45.85 Cr
  • Revenue Growth 58.81%
  • Profit Growth 222.26%
  • Ebitda 173.72%
  • Net Worth 25.01%
  • Total Assets 41.58%

About Bagzone Lifestyles

Bagzone Lifestyles Private Limited (BLPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 December 2008 and has a history of 16 years and two months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Consumer Goods 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 25.00 Cr and a paid-up capital of Rs 20.10 Cr.

The company currently has active open charges totaling ₹102.85 Cr. The company has closed loans amounting to ₹45.85 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Bagzone Lifestyles Private Limited India is Nilam Ghaghada as COMPANY SECRETARY. Krishan Rathi, Sandeep Goenka, Vishal Gupta, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74994MH2008PTC188558

  • Company No.

    188558

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Dec 2008

  • Date of AGM

    12 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Goods

What products or services does Bagzone Lifestyles Private Limited offer?

Bagzone Lifestyles Private Limited offers a wide range of products and services, including Luggage Bags, Travel Bags, Camera Bags, Leather Wallet, Ladies Leather Wallets, Backpacks, Samsonite Luggage Bags, Ladies Bags, Tote Bags, Grooming Bag & Cases.

Who are the key members and board of directors at Bagzone Lifestyles?

Executive Team (1)

Name Designation Appointment Date Status
Nilam Ghaghada Company Secretary 01-Oct-2011 Current

Board Members (6)

Name Designation Appointment Date Status
Vishal Gupta Country flag representing In Director Current
Krishan Rathi Country flag representing In Director Current
Anuj Agarwal Country flag representing In Director 01-Feb-2018 Current
Sandeep Goenka Country flag representing In Director 28-Jan-2009 Current
Ayush Tainwala Country flag representing In Director 30-Jun-2014 Current
Rohit Singh Country flag representing In Director 15-Feb-2024 Current

Financial Performance of Bagzone Lifestyles.

Bagzone Lifestyles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 58.81% increase. The company also saw a substantial improvement in profitability, with a 222.26% increase in profit. The company's net worth Soared by an impressive increase of 25.01%.

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
58.81%
Revenue from Operations
59.63%
Total Assets
41.58%
Profit or Loss
222.26%
Net Worth
25.01%
EBITDA
173.72%

What is the Ownership and Shareholding Structure of Bagzone Lifestyles?

In 2023, Bagzone Lifestyles had a promoter holding of 81.89% and a public holding of 18.10%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹102.85 Cr

Satisfied Charges

₹45.85 Cr

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 102.85 Cr

Latest Charge Details

Date Lender Amount Status
24 May 2023 Yes Bank Limited ₹40.00 Cr Open
07 Feb 2023 Yes Bank Limited ₹40.00 Cr Open
20 Oct 2017 Yes Bank Limited ₹22.85 Cr Open
03 Mar 2017 Hdfc Bank Limited ₹15.00 Cr Satisfied
04 Feb 2017 Hdfc Bank Limited ₹10.00 Cr Satisfied

How Many Employees Work at Bagzone Lifestyles?

Bagzone Lifestyles has a workforce of 220 employees as of Jul 22, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bagzone Lifestyles, 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 Bagzone Lifestyles'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 Bagzone Lifestyles

Recent activity within the organization

  • Annual General Meeting

    Bagzone Lifestyles Private Limited last Annual general meeting of members was held on 12 Aug 2024 as per latest MCA records.

    12 Aug 2024

  • Balance Sheet

    Bagzone Lifestyles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Rohit Yashwant Singh was appointed as a Director was appointed as a Director on 15 Feb 2024 & has been associated with this company since 11 months 17 days .

    15 Feb 2024

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 40.00 Cr with Charge ID 100722569 was registered on 24 May 2023.

    24 May 2023

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 40.00 Cr with Charge ID 100679985 was registered on 07 Feb 2023.

    07 Feb 2023

  • Charges

    A charge with Yes Bank Limited of Rs. 22.85 Cr registered on 20 Oct 2017 with Charge ID 100134035 was modified on 25 Jul 2022.

    25 Jul 2022

Frequently asked questions

  • Bagzone Lifestyles Private Limited was incorporated on 02 Dec 2008.

  • The authorized share capital of Bagzone Lifestyles Private Limited is ₹ 25.00 Cr and paid-up capital is ₹ 20.10 Cr.

  • Currently 7 directors are associated with Bagzone Lifestyles Private Limited.

    • Krishan Kant Rathi
    • Sandeep Keshavkumar Goenka
    • Vishal Kumar Gupta
    • Anuj Kumar Agarwal
    • Ayush Ramesh Tainwala
    • Rohit Yashwant Singh
    • Nilam Ramniklal Ghaghada
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bagzone Lifestyles Private Limited is 401 4Th Floor Ackruti Star Building Central Road Midc, Andheri (East) India, Mumbai, Maharashtra, 400093.

  • The corporate identification number (CIN) of Bagzone Lifestyles Private Limited is U74994MH2008PTC188558 and the company number is 188558 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bagzone Lifestyles Private Limited is https://www.lavieworld.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bagzone Lifestyles Private Limited has risen by 58.81%.

  • As Per 2023 financial reports, 220 employees are currently employed by Bagzone Lifestyles Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bagzone Lifestyles Private Limited has experienced an upsurge of 25.01%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bagzone Lifestyles Private Limited amount to ₹ 102.85 Cr.

  • The most recent Balance Sheet for Bagzone Lifestyles Private Limited was filed with the ROC on 31 Mar 2024.

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