Banashankari Industries Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.13 Cr
- Company Age 16 Year, 2 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 two 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
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Location
Kolar, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U24299KA2008PTC048195
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Company No.
048195
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
06 Nov 2008
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Banashankari Industries?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Manjunath Govindaiah
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Whole-Time Director | 06-Nov-2008 | Current |
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Govindaiah Murthy
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Director | 26-Apr-2019 | Current |
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%.
- Key Matrics
- Balance Sheet
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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.
Related Corporates (Common Directorship)
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Manjunath Govindaiah and Govindaiah Murthy are mutual person
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Bsk Solvents & Chemicals Private Limited
Manjunath Govindaiah and Govindaiah Murthy are mutual person
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Ln Solvents Private Limited
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Ln Life Sciences Private Limited
Manjunath Govindaiah and Govindaiah Murthy are mutual person
Charges (Loans)
₹27.48 Cr
₹0
Charges Breakdown by Lending Institutions
- Canara Bank : 27.48 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jan 2021 | Canara Bank | ₹3.30 M | Open |
| 30 Jul 2020 | Canara Bank | ₹4.80 M | Open |
| 01 Dec 2009 | Canara Bank | ₹26.67 Cr | Open |
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.
Deals i
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
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.
