Banashankari Industries Private Limited

Specialized purification of spent solvents using various distillation processes, with ISO certification.

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

Banashankari Industries Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.13 Cr
  • Company Age 16 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 27.48 Cr
  • Revenue Growth 11.39%
  • Profit Growth 2.80%
  • Ebitda -1.88%
  • Net Worth 20.83%
  • Total Assets 7.08%

About Banashankari Industries

Banashankari Industries Private Limited (BIPL) 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 Kolar, 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 3.00 Cr and a paid-up capital of Rs 2.13 Cr.

The company currently has active open charges totaling ₹27.48 Cr.

Manjunath Govindaiah and Govindaiah Murthy serve as directors at the Company.

Company Details

  • Location

    Kolar, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    bcplasia.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24299KA2008PTC048195

  • Company No.

    048195

  • 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 Industries?

Board Members (2)

NameDesignationAppointment DateStatus
Manjunath Govindaiah Country flag representing In Whole-Time Director 06-Nov-2008Current
Govindaiah Murthy Country flag representing In Director 26-Apr-2019Current

Financial Performance of Banashankari Industries.

Banashankari Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.39% increase. The company also saw a slight improvement in profitability, with a 2.8% increase in profit. The company's net worth Soared by an impressive increase of 20.83%.

Banashankari Industries revenue growth over time
Banashankari Industries 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
11.39%
Revenue from Operations
12.47%
Total Assets
7.08%
Profit or Loss
2.80%
Net Worth
20.83%
EBITDA
-1.88%

What is the Ownership and Shareholding Structure of Banashankari Industries?

In 2023, Banashankari Industries had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹27.48 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 27.48 Cr

Latest Charge Details

DateLenderAmountStatus
29 Jan 2021Canara Bank₹3.30 MOpen
30 Jul 2020Canara Bank₹4.80 MOpen
01 Dec 2009Canara Bank₹26.67 CrOpen

How Many Employees Work at Banashankari Industries?

Banashankari Industries has a workforce of 28 employees as of Mar 29, 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 Industries Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Banashankari Industries 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 01 Dec 2009 with Charge ID 10189283 was modified on 15 Jul 2023.

  • Charges

    A charge with Canara Bank amounted to Rs. 0.33 Cr with Charge ID 100427824 was registered on 29 Jan 2021.

  • Charges

    A charge with Canara Bank amounted to Rs. 0.48 Cr with Charge ID 100374799 was registered on 30 Jul 2020.

  • Director Appointment

    Govindaiah Nelamangala Murthy was appointed as a Director was appointed as a Director on 26 Apr 2019 & has been associated with this company since 5 years 10 months .

Frequently asked questions

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

    Banashankari Industries Private Limited was incorporated on 06 Nov 2008.

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

    The authorized share capital of Banashankari Industries Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.13 Cr.

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

    Currently 2 directors are associated with Banashankari Industries Private Limited.

    • Manjunath Govindaiah
    • Govindaiah Nelamangala Murthy

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

    As per Ministry of Corporate Affairs (Mca), the registered address of Banashankari Industries Private Limited is Plot No. 197 Kiadb Industrial Area Malur 3Rd Phase Nosagere Village, Taluk India, Kolar, Karnataka, 563130.

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

    The corporate identification number (CIN) of Banashankari Industries Private Limited is U24299KA2008PTC048195 and the company number is 048195 as per Ministry of Corporate Affairs (MCA).

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

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

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Banashankari Industries Private Limited has risen by 11.39%.

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

    As Per 2023 financial reports, 28 employees are currently employed by Banashankari Industries Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Banashankari Industries Private Limited has experienced an upsurge of 20.83%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for Banashankari Industries Private Limited amount to ₹ 27.48 Cr.

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

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

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