Bang Overseas Limited

This company is involved in apparel, textile, and retail markets, offering a variety of products and services.

1992 | Mumbai, Maharashtra (India) | Active
Last Updated:

Bang Overseas Profile

Key Indicators

  • Authorised Capital ₹ 16.00 Cr
  • Paid Up Capital ₹ 13.56 Cr
  • Company Age 32 Year, 9 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 nine 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

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L51900MH1992PLC067013

  • Company No.

    067013

  • Stock Symbol

    BSE : 532946 NSE : BANG

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Jun 1992

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Fashion and Textile
Home & Lifestyle

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)

NameDesignationAppointment DateStatus
Brijgopal Bang Country flag representing In Managing Director01-Dec-2006Current
Aashi Neema Company Secretary22-Nov-2024Current
Jaydas Dighe Country flag representing In CFO30-May-2014Current

Board Members (5)

NameDesignationAppointment DateStatus
Anuradha Shirish Country flag representing In Director 15-Feb-2018Current
Raghvendra Bang Country flag representing In Director 14-Feb-2013Current
Swati Sahukara Country flag representing In Director 02-Feb-2015Current
Kavita Chhajer Country flag representing In Director 15-Aug-2024Current
Vandana Bang Country flag representing In Whole-Time Director 31-Jul-2020Current

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%.

Bang Overseas revenue growth over time
Bang Overseas 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
33.34%
Revenue from Operations
42.03%
Total Assets
1.56%
Profit or Loss
269.53%
Net Worth
5.43%
EBITDA
475.60%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹22.34 Cr

Satisfied Charges

₹144.44 Cr

Charges Breakdown by Lending Institutions

  • Others : 12.00 Cr
  • Hdfc Bank Limited : 10.34 Cr

Latest Charge Details

DateLenderAmountStatus
05 Jun 2023Hdfc Bank Limited₹1.68 CrOpen
17 Dec 2021Others₹6.00 CrOpen
01 Feb 2021Others₹6.00 CrOpen
15 Jan 2018Hdfc Bank Limited₹8.66 CrOpen
31 Oct 2017Others₹2.99 CrSatisfied

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.

Employee growth trends for Bang Overseas Limited

Deals i

Graph showing company valuation over time

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

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 Bang Overseas

Recent activity within the organization

  • Director Appointment

    Aashi Neema was appointed as a Company Secretary was appointed as a Company Secretary on 22 Nov 2024 & has been associated with this company since 3 months 16 days .

  • Annual General Meeting

    Bang Overseas Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Director Appointment

    Kavita Akshay Chhajer was appointed as a Director was appointed as a Director on 15 Aug 2024 & has been associated with this company since 6 months 24 days .

  • Balance Sheet

    Bang Overseas Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.68 Cr with Charge ID 100753479 was registered on 05 Jun 2023.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 8.66 Cr registered on 15 Jan 2018 with Charge ID 100161392 was modified on 10 Feb 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Bang Overseas Limited?

    Bang Overseas Limited was incorporated on 01 Jun 1992.

  • What is authorized share capital and paid-up capital of Bang Overseas Limited?

    The authorized share capital of Bang Overseas Limited is ₹ 16.00 Cr and paid-up capital is ₹ 13.56 Cr.

  • Who are the current board members & directors of Bang Overseas Limited?

    Currently 8 directors are associated with Bang Overseas Limited.

    • Brijgopal Balaram Bang
    • Raghvendra Venugopal Bang
    • Anuradha Paraskar Shirish
    • Swati Sahukara
    • Kavita Akshay Chhajer
    • Vandana Brijgopal Bang
    • Aashi Neema
    • Jaydas Tulshiram Dighe

  • What is the registered address of Bang Overseas Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Bang Overseas Limited is 405-406 Kewal Industrial Estate Senapati Bapat Marg, Lower Parel (W) India, Mumbai, Maharashtra, 400013.

  • What is the corporate identification number (CIN) and company number of Bang Overseas Limited?

    The corporate identification number (CIN) of Bang Overseas Limited is L51900MH1992PLC067013 and the company number is 067013 as per Ministry of Corporate Affairs (MCA).

  • Is Bang Overseas Limited registered with any stock exchange in India?

    Yes, Bang Overseas Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): BANG.

  • What is the official website of Bang Overseas Limited?

    The Official website of Bang Overseas Limited is https://www.banggroup.com

  • What has been the recent revenue trend for Bang Overseas Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Bang Overseas Limited has risen by 33.34%.

  • How many employees does Bang Overseas Limited currently have?

    As Per 2022 financial reports, 23 employees are currently employed by Bang Overseas Limited.

  • What change has been observed in the net worth of Bang Overseas Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Bang Overseas Limited has experienced an upsurge of 5.43%.

  • What are the total open charges for Bang Overseas Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Bang Overseas Limited amount to ₹ 22.34 Cr.

  • When was the last Balance Sheet of Bang Overseas Limited filed with the ROC?

    The most recent Balance Sheet for Bang Overseas Limited was filed with the ROC on 31 Mar 2024.

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