Bakgiyam Engineering Profile
Key Indicators
- Authorised Capital ₹ 8.50 Cr
- Paid Up Capital ₹ 8.24 Cr
- Company Age 20 Year, 26 Days
- 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 20 years. 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
- 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.
Bakgiyam Engineering Private Limited
Explore comprehensive data for Bakgiyam Engineering Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Bakgiyam Engineering?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sudhakaran Abboynaidu  | Managing Director | 30-Apr-2005 | Current |
| Radhakrishnan Abboynaidu | Managing Director | 30-Apr-2005 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Praveen | Director | 02-Jul-2019 | Current |
| Sudhakaran Nittin | Director | 02-Jul-2019 | Current |
| Sudhakaran Meera | Director | Current | |
| Radhakrishnan Shanthamani | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Sep 2023 | Axis Bank Limited | ₹7.50 M | Open |
| 17 Dec 2022 | Axis Bank Limited | ₹2.10 M | Open |
| 23 Sep 2016 | Axis Bank Limited | ₹46.71 Cr | Open |
| 03 Mar 2021 | Standard Chartered Bank | ₹8.07 M | Satisfied |
| 24 Apr 2019 | Standard Chartered Bank | ₹15.71 Cr | Satisfied |
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.
Deals i
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
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.
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.
- Charges
A charge with Axis Bank Limited amounted to Rs. 0.75 Cr with Charge ID 100789043 was registered on 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.
- Balance Sheet
Bakgiyam Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
- Charges
A charge with Axis Bank Limited amounted to Rs. 0.21 Cr with Charge ID 100654916 was registered on 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.
Frequently asked questions
What is the Incorporation or founding date of Bakgiyam Engineering Private Limited?
Bakgiyam Engineering Private Limited was incorporated on 01 Apr 2005.
What is authorized share capital and paid-up capital of Bakgiyam Engineering Private Limited?
The authorized share capital of Bakgiyam Engineering Private Limited is ₹ 8.50 Cr and paid-up capital is ₹ 8.24 Cr.
Who are the current board members & directors of Bakgiyam Engineering Private Limited?
Currently 6 directors are associated with Bakgiyam Engineering Private Limited.
- Sudhakaran Abboynaidu
- Radhakrishnan Abboynaidu
- Praveen
- Sudhakaran Nittin
- Sudhakaran Meera
- Radhakrishnan Shanthamani
What is the registered address of Bakgiyam Engineering Private Limited?
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.
What is the corporate identification number (CIN) and company number of Bakgiyam Engineering Private Limited?
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).
What is the official website of Bakgiyam Engineering Private Limited?
The Official website of Bakgiyam Engineering Private Limited is https://www.bakgiyam.com
What has been the recent revenue trend for Bakgiyam Engineering Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Bakgiyam Engineering Private Limited has risen by 19.20%.
How many employees does Bakgiyam Engineering Private Limited currently have?
As Per 2023 financial reports, 281 employees are currently employed by Bakgiyam Engineering Private Limited.
What change has been observed in the net worth of Bakgiyam Engineering Private Limited, and by what percentage?
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%.
What are the total open charges for Bakgiyam Engineering Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Bakgiyam Engineering Private Limited amount to ₹ 47.67 Cr.
When was the last Balance Sheet of Bakgiyam Engineering Private Limited filed with the ROC?
The most recent Balance Sheet for Bakgiyam Engineering Private Limited was filed with the ROC on 31 Mar 2023.
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