Banashankari Chemicals Private Limited

Manufactures and trades solvents, thinners, and chemicals with specialized purification processes and job work services.

2008 | Bangaluru, Karnataka (India) | Active
Last Updated:

Banashankari Chemicals Profile

Key Indicators

  • Authorised Capital ₹ 3.50 Cr
  • Paid Up Capital ₹ 3.40 Cr
  • Company Age 16 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 26.93 Cr
  • Revenue Growth 36.30%
  • Profit Growth 7.66%
  • Ebitda 30.78%
  • Net Worth 14.15%
  • Total Assets 36.67%

About Banashankari Chemicals

Banashankari Chemicals Private Limited (BCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 November 2008 and has a history of 16 years and three months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Chemicals And Materials 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 3.50 Cr and a paid-up capital of Rs 3.40 Cr.

The company currently has active open charges totaling ₹26.93 Cr.

Manjunath Govindaiah, Gangadharaiah Harsha, and Govindaiah Murthy serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    bcplasia.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24297KA2008PTC048192

  • Company No.

    048192

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Nov 2008

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Chemicals and Materials

Who are the key members and board of directors at Banashankari Chemicals?

Board Members (3)

NameDesignationAppointment DateStatus
Manjunath Govindaiah Country flag representing In Director 02-Jul-2018Current
Gangadharaiah Harsha Country flag representing In Whole-Time Director 06-Nov-2008Current
Govindaiah Murthy Country flag representing In Director 06-Nov-2008Current

Financial Performance of Banashankari Chemicals.

Banashankari Chemicals Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 36.3% increase. The company also saw a slight improvement in profitability, with a 7.66% increase in profit. The company's net worth Soared by an impressive increase of 14.15%.

Banashankari Chemicals revenue growth over time
Banashankari Chemicals 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
36.30%
Revenue from Operations
40.72%
Total Assets
36.67%
Profit or Loss
7.66%
Net Worth
14.15%
EBITDA
30.78%

What is the Ownership and Shareholding Structure of Banashankari Chemicals?

In 2023, Banashankari Chemicals had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹26.93 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 26.93 Cr

Latest Charge Details

DateLenderAmountStatus
28 Mar 2015Canara Bank₹0.60 MOpen
30 Jan 2015Canara Bank₹2.00 MOpen
11 Oct 2010Canara Bank₹26.67 CrOpen

How Many Employees Work at Banashankari Chemicals?

Banashankari Chemicals has a workforce of 26 employees as of Apr 01, 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.

Employee growth trends for Banashankari Chemicals Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Banashankari Chemicals, 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 Banashankari Chemicals'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 Banashankari Chemicals

Recent activity within the organization

  • Annual General Meeting

    Banashankari Chemicals Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Banashankari Chemicals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge with Canara Bank of Rs. 26.67 Cr registered on 11 Oct 2010 with Charge ID 10247181 was modified on 15 Jul 2023.

  • Director Appointment

    Manjunath Govindaiah was appointed as a Director was appointed as a Director on 02 Jul 2018 & has been associated with this company since 6 years 8 months .

  • Charges

    A charge with Canara Bank amounted to Rs. 0.06 Cr with Charge ID 10572106 was registered on 28 Mar 2015.

  • Charges

    A charge with Canara Bank amounted to Rs. 0.20 Cr with Charge ID 10551592 was registered on 30 Jan 2015.

Frequently asked questions

  • What is the Incorporation or founding date of Banashankari Chemicals Private Limited?

    Banashankari Chemicals Private Limited was incorporated on 06 Nov 2008.

  • What is authorized share capital and paid-up capital of Banashankari Chemicals Private Limited?

    The authorized share capital of Banashankari Chemicals Private Limited is ₹ 3.50 Cr and paid-up capital is ₹ 3.40 Cr.

  • Who are the current board members & directors of Banashankari Chemicals Private Limited?

    Currently 3 directors are associated with Banashankari Chemicals Private Limited.

    • Manjunath Govindaiah
    • Gangadharaiah Harsha
    • Govindaiah Nelamangala Murthy

  • What is the registered address of Banashankari Chemicals Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Banashankari Chemicals Private Limited is No.44 12Th Main 17Th Cross 6Th Sector Behind Bda Complex, Hsr Layo Ut India, Bangalore, Karnataka, 560102.

  • What is the corporate identification number (CIN) and company number of Banashankari Chemicals Private Limited?

    The corporate identification number (CIN) of Banashankari Chemicals Private Limited is U24297KA2008PTC048192 and the company number is 048192 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Banashankari Chemicals Private Limited?

    The Official website of Banashankari Chemicals Private Limited is https://www.bcplasia.com

  • What has been the recent revenue trend for Banashankari Chemicals Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Banashankari Chemicals Private Limited has risen by 36.30%.

  • How many employees does Banashankari Chemicals Private Limited currently have?

    As Per 2023 financial reports, 26 employees are currently employed by Banashankari Chemicals Private Limited.

  • What change has been observed in the net worth of Banashankari Chemicals Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Banashankari Chemicals Private Limited has experienced an upsurge of 14.15%.

  • What are the total open charges for Banashankari Chemicals Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Banashankari Chemicals Private Limited amount to ₹ 26.93 Cr.

  • When was the last Balance Sheet of Banashankari Chemicals Private Limited filed with the ROC?

    The most recent Balance Sheet for Banashankari Chemicals Private Limited was filed with the ROC on 31 Mar 2024.