Bakgiyam Engineering Private Limited

Produces iron and steel castings through Bakgiyam Engineering Private Limited.

2005 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: October 24, 2024

Bakgiyam Engineering Profile

Key Indicators

  • Authorised Capital ₹ 8.50 Cr
  • Paid Up Capital ₹ 8.24 Cr
  • Company Age 19 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 47.67 Cr
  • Satisfied Charges ₹ 64.54 Cr
  • Revenue Growth 19.20%
  • Profit Growth 109.68%
  • Ebitda 57.40%
  • Net Worth 34.14%
  • Total Assets 10.89%

About Bakgiyam Engineering

Bakgiyam Engineering Private Limited (BEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 April 2005 and has a history of 19 years and ten months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Corporate was formerly known as Praveen Foundry Limited. The Company is engaged in the Manufacturing 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 8.50 Cr and a paid-up capital of Rs 8.24 Cr.

The company currently has active open charges totaling ₹47.67 Cr. The company has closed loans amounting to ₹64.54 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sudhakaran Abboynaidu, Radhakrishnan Abboynaidu, Praveen, and Three other members serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    bakgiyam.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27310TZ2005PTC011706

  • Company No.

    011706

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Apr 2005

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

What products or services does Bakgiyam Engineering Private Limited offer?

Bakgiyam Engineering Private Limited offers a wide range of products and services, including Air Compressors, Portable Compressor, Air Compressors, Accessories & Parts, Reciprocating Compressors, Borewell Compressor.

Who are the key members and board of directors at Bakgiyam Engineering?

Executive Team (2)

NameDesignationAppointment DateStatus
Sudhakaran Abboynaidu Country flag representing In Managing Director30-Apr-2005Current
Radhakrishnan Abboynaidu Country flag representing In Managing Director30-Apr-2005Current

Board Members (4)

NameDesignationAppointment DateStatus
Praveen Country flag representing In Director 02-Jul-2019Current
Sudhakaran Nittin Country flag representing In Director 02-Jul-2019Current
Sudhakaran Meera Country flag representing In Director Current
Radhakrishnan Shanthamani Country flag representing In Director Current

Financial Performance of Bakgiyam Engineering.

Bakgiyam Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.2% increase. The company also saw a substantial improvement in profitability, with a 109.68% increase in profit. The company's net worth Soared by an impressive increase of 34.14%.

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
19.20%
Revenue from Operations
18.52%
Total Assets
10.89%
Profit or Loss
109.68%
Net Worth
34.14%
EBITDA
57.40%

What is the Ownership and Shareholding Structure of Bakgiyam Engineering?

In 2023, Bakgiyam Engineering 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

₹47.67 Cr

Satisfied Charges

₹64.54 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 47.67 Cr

Latest Charge Details

DateLenderAmountStatus
12 Sep 2023Axis Bank Limited₹7.50 MOpen
17 Dec 2022Axis Bank Limited₹2.10 MOpen
23 Sep 2016Axis Bank Limited₹46.71 CrOpen
03 Mar 2021Standard Chartered Bank₹8.07 MSatisfied
24 Apr 2019Standard Chartered Bank₹15.71 CrSatisfied

How Many Employees Work at Bakgiyam Engineering?

Bakgiyam Engineering has a workforce of 281 employees as of Apr 05, 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 Bakgiyam Engineering, 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 Bakgiyam Engineering'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 Bakgiyam Engineering

Recent activity within the organization

  • Annual General Meeting

    Bakgiyam Engineering Private Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

    28 Sep 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.75 Cr with Charge ID 100789043 was registered on 12 Sep 2023.

    12 Sep 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 46.71 Cr registered on 23 Sep 2016 with Charge ID 100053446 was modified on 19 May 2023.

    19 May 2023

  • Balance Sheet

    Bakgiyam Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.21 Cr with Charge ID 100654916 was registered on 17 Dec 2022.

    17 Dec 2022

  • Charges

    A charge registered on 03 Mar 2021 via Charge ID 100426155 with Standard Chartered Bank was fully satisfied on 21 Nov 2022.

    21 Nov 2022

Frequently asked questions

  • Bakgiyam Engineering Private Limited was incorporated on 01 Apr 2005.

  • The authorized share capital of Bakgiyam Engineering Private Limited is ₹ 8.50 Cr and paid-up capital is ₹ 8.24 Cr.

  • Currently 6 directors are associated with Bakgiyam Engineering Private Limited.

    • Sudhakaran Abboynaidu
    • Radhakrishnan Abboynaidu
    • Praveen
    • Sudhakaran Nittin
    • Sudhakaran Meera
    • Radhakrishnan Shanthamani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bakgiyam Engineering Private Limited is Ii Floor 24 Tex Park Road, Nehru Nagar West Kalapatti Civil Aerodrome Post India, Coimbatore, Tamil Nadu, 641014.

  • The corporate identification number (CIN) of Bakgiyam Engineering Private Limited is U27310TZ2005PTC011706 and the company number is 011706 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bakgiyam Engineering Private Limited is https://www.bakgiyam.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bakgiyam Engineering Private Limited has risen by 19.20%.

  • As Per 2023 financial reports, 281 employees are currently employed by Bakgiyam Engineering Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bakgiyam Engineering Private Limited has experienced an upsurge of 34.14%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bakgiyam Engineering Private Limited amount to ₹ 47.67 Cr.

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

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