Bainite Machines Private Limited

Customized machinery for rubber and tire industry, exports to various countries, located in Mumbai.

1989 | Thane, Maharashtra (India) | Active
Last Updated: October 23, 2024

Bainite Machines Profile

Key Indicators

  • Authorised Capital ₹ 4.75 Cr
  • Paid Up Capital ₹ 4.61 Cr
  • Company Age 35 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 79.46 Cr
  • Satisfied Charges ₹ 72.66 Cr
  • Revenue Growth 4.05%
  • Profit Growth 19.88%
  • Ebitda 31.66%
  • Net Worth 5.37%
  • Total Assets 8.46%

About Bainite Machines

Bainite Machines Private Limited (BMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 August 1989 and has a history of 35 years and six months. Its registered office is in Thane, Maharashtra, India.

The Corporate was formerly known as Paramount Wood Products Private Limited. The Company is engaged in the Machinery And Equipment 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 4.75 Cr and a paid-up capital of Rs 4.61 Cr.

The company currently has active open charges totaling ₹79.46 Cr. The company has closed loans amounting to ₹72.66 Cr, as per Ministry of Corporate Affairs (MCA) records.

Aatish Suvarna, Geeta Suvarna, and Devdas Suvarna serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    bainitemachines.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U20210MH1989PTC052921

  • Company No.

    052921

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Aug 1989

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Bainite Machines Private Limited offer?

Bainite Machines Private Limited offers a wide range of products and services, including Laboratory Mixers, Extruder Machine, Twin Screw Extruder, Rubber Extruder Machines, Hot Feed Rubber Extruder, Rubber Reclaim Plant & Machinery, Mixing Mills, Laboratory & Lab Equipment, Engine & Engine Spare Parts, Engine Components.

Who are the key members and board of directors at Bainite Machines?

Board Members (3)

NameDesignationAppointment DateStatus
Aatish Suvarna Country flag representing In Director 27-May-2023Current
Geeta Suvarna Country flag representing In Director 28-Apr-1992Current
Devdas Suvarna Country flag representing In Director 28-Apr-1992Current

Financial Performance of Bainite Machines.

Bainite Machines Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.05% increase. The company also saw a substantial improvement in profitability, with a 19.88% increase in profit. The company's net worth moved up by a moderate rise of 5.37%.

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
4.05%
Revenue from Operations
4.35%
Total Assets
8.46%
Profit or Loss
19.88%
Net Worth
5.37%
EBITDA
31.66%

What is the Ownership and Shareholding Structure of Bainite Machines?

In 2023, Bainite Machines 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

₹79.46 Cr

Satisfied Charges

₹72.66 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 53.19 Cr
  • Others : 26.00 Cr
  • Axis Bank Limited : 0.28 Cr

Latest Charge Details

DateLenderAmountStatus
22 Sep 2023Hdfc Bank Limited₹40.19 CrOpen
28 Aug 2023Hdfc Bank Limited₹13.00 CrOpen
30 Sep 2019Axis Bank Limited₹2.75 MOpen
07 Jan 2014Others₹26.00 CrOpen
29 Apr 2022Others₹1.22 CrSatisfied

How Many Employees Work at Bainite Machines?

Bainite Machines has a workforce of 108 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bainite Machines, 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 Bainite Machines'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 Bainite Machines

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 40.19 Cr registered on 22 Sep 2023 with Charge ID 100853433 was modified on 29 Mar 2024.

    29 Mar 2024

  • Charges

    A charge registered on 29 Apr 2022 via Charge ID 100583355 with Others was fully satisfied on 14 Feb 2024.

    14 Feb 2024

  • Charges

    A charge registered on 15 Sep 2021 via Charge ID 100477850 with Others was fully satisfied on 14 Feb 2024.

    14 Feb 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 40.19 Cr with Charge ID 100853433 was registered on 22 Sep 2023.

    22 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 13.00 Cr with Charge ID 100774790 was registered on 28 Aug 2023.

    28 Aug 2023

Frequently asked questions

  • Bainite Machines Private Limited was incorporated on 07 Aug 1989.

  • The authorized share capital of Bainite Machines Private Limited is ₹ 4.75 Cr and paid-up capital is ₹ 4.61 Cr.

  • Currently 3 directors are associated with Bainite Machines Private Limited.

    • Aatish Devdas Suvarna
    • Geeta Devdas Suvarna
    • Devdas Narayan Suvarna
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bainite Machines Private Limited is Plot No. R - 216 / 217 Ttc M. I. D. C. 4Th Road Rabale, India, Navi Mumbai, Maharashtra, 400701.

  • The corporate identification number (CIN) of Bainite Machines Private Limited is U20210MH1989PTC052921 and the company number is 052921 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bainite Machines Private Limited is https://www.bainitemachines.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bainite Machines Private Limited has risen by 4.05%.

  • As Per 2023 financial reports, 108 employees are currently employed by Bainite Machines Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bainite Machines Private Limited has experienced an upsurge of 5.37%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bainite Machines Private Limited amount to ₹ 79.46 Cr.

  • The most recent Balance Sheet for Bainite Machines Private Limited was filed with the ROC on 31 Mar 2023.