Bang Overseas Profile
Key Indicators
- Authorised Capital ₹ 16.00 Cr
- Paid Up Capital ₹ 13.56 Cr
- Company Age 32 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 22.34 Cr
- Satisfied Charges ₹ 144.44 Cr
- Revenue Growth 33.34%
- Profit Growth 269.53%
- Ebitda 475.60%
- Net Worth 5.43%
- Total Assets 1.56%
About Bang Overseas
Bang Overseas Limited (BOL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 June 1992 and has a history of 32 years and eight months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532946 and on the National Stock Exchange(NSE) under BANG.
The Corporate was formerly known as Bang Overseas P Limited. The Company is engaged in the Fashion And Textile 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 16.00 Cr and a paid-up capital of Rs 13.56 Cr.
The company currently has active open charges totaling ₹22.34 Cr. The company has closed loans amounting to ₹144.44 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Bang Overseas Limited India are Aashi Neema as COMPANY SECRETARY and Jaydas Dighe as Cfo. Brijgopal Bang, Raghvendra Bang, Anuradha Shirish, and Three other members serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, 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
Industry
What products or services does Bang Overseas Limited offer?
Bang Overseas Limited offers a wide range of products and services, including Readymade Garments, Shirt, Apparel Fabrics & Clothing Textiles, Silk Textile.
Who are the key members and board of directors at Bang Overseas?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Brijgopal Bang
|
Managing Director | 01-Dec-2006 | Current |
| Aashi Neema | Company Secretary | 22-Nov-2024 | Current |
|
Jaydas Dighe
|
CFO | 30-May-2014 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Anuradha Shirish
|
Director | 15-Feb-2018 | Current |
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Raghvendra Bang
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Director | 14-Feb-2013 | Current |
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Swati Sahukara
|
Director | 02-Feb-2015 | Current |
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Kavita Chhajer
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Director | 15-Aug-2024 | Current |
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Vandana Bang
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Whole-Time Director | 31-Jul-2020 | Current |
Financial Performance of Bang Overseas.
Bang Overseas Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 33.34% increase. The company also saw a substantial improvement in profitability, with a 269.53% increase in profit. The company's net worth moved up by a moderate rise of 5.43%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Bang Overseas?
In 2021, Bang Overseas had a promoter holding of 72.98% and a public holding of 27.02%. 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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Thomas Scott (India) LimitedBrijgopal Bang, Anuradha Shirish and 3 more are mutual person
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Bang Apparels & Garments LlpBrijgopal Bang and Vandana Bang are mutual person
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Vedanta Creations Limited
Brijgopal Bang is a mutual person
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Artis Fintec Private Limited
Brijgopal Bang is a mutual person
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Vrh Trading Company Private Limited
Raghvendra Bang is a mutual person
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Maru Trading Company Private Limited
Raghvendra Bang is a mutual person
Charges (Loans)
₹22.34 Cr
₹144.44 Cr
Charges Breakdown by Lending Institutions
- Others : 12.00 Cr
- Hdfc Bank Limited : 10.34 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Jun 2023 | Hdfc Bank Limited | ₹1.68 Cr | Open |
| 17 Dec 2021 | Others | ₹6.00 Cr | Open |
| 01 Feb 2021 | Others | ₹6.00 Cr | Open |
| 15 Jan 2018 | Hdfc Bank Limited | ₹8.66 Cr | Open |
| 31 Oct 2017 | Others | ₹2.99 Cr | Satisfied |
How Many Employees Work at Bang Overseas?
Bang Overseas has a workforce of 23 employees as of Apr 06, 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 Bang Overseas, 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 Bang Overseas'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.
