Banmore Foam Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 6.95 M
- Company Age 39 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 16.25 Cr
- Satisfied Charges ₹ 13.64 Cr
- Revenue Growth 35.21%
- Profit Growth -331.30%
- Ebitda 10.87%
- Net Worth -2.82%
- Total Assets -2.85%
About Banmore Foam
Banmore Foam Pvt Ltd (BFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 January 1986 and has a history of 39 years and one month. Its registered office is in Morena, Madhya Pradesh, India.
The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 6.95 M.
The company currently has active open charges totaling ₹16.25 Cr. The company has closed loans amounting to ₹13.64 Cr, as per Ministry of Corporate Affairs (MCA) records.
Atul Jain, Yogesh Mittal, Amit Mittal, and One other member serve as directors at the Company.
Company Details
- Location
Morena, Madhya Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U36104MP1986PTC003277
- Company No.
003277
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
31 Jan 1986
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Gwalior
Industry
Manufacturing
What products or services does Banmore Foam Pvt Ltd offer?
Banmore Foam Pvt Ltd offers a wide range of products and services, including Cushion & Cushion Covers, Pillows, Bolsters, Cleaning Liquids & Wipes, Kitchen Cleaners, Foam Mattress, Memory Foam Mattress, Medical Pillow, Memory Foam Pillow, Sofa Set.
Who are the key members and board of directors at Banmore Foam?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Amit Mittal  | Managing Director | 01-May-2020 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Atul Jain | Director | 31-Jan-1986 | Current |
| Yogesh Mittal | Director | 31-Jan-1986 | Current |
| Karan Jain | Director | 01-May-2020 | Current |
Financial Performance of Banmore Foam.
Banmore Foam Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 35.21% increase. The company also saw a substantial fall in profitability, with a 331.3% decrease in profit. The company's net worth dipped by a decrease of 2.82%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Banmore Foam?
In 2023, Banmore Foam had a promoter holding of 53.02% and a public holding of 46.98%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Silverline Holdings Pvt LtdAtul Jain is a mutual person
- Vitapack Private Limited
Amit Mittal and Karan Jain are mutual person
- Arihant Roadlines (India) Private Limited
Amit Mittal is a mutual person
- Kesag Technology Llp
Karan Jain is a mutual person
- Supertech Industries (India) Private Limited
Karan Jain is a mutual person
Charges (Loans)
Open Charges
₹16.25 Cr
Satisfied Charges
₹13.64 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 16.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 May 2020 | State Bank Of India | ₹1.50 Cr | Open |
| 25 Sep 2001 | State Bank Of India | ₹14.75 Cr | Open |
| 25 Sep 2001 | State Bank Of India | ₹9.34 Cr | Satisfied |
| 28 Dec 1996 | State Bank Of India | ₹1.25 Cr | Satisfied |
| 28 Dec 1996 | State Bank Of India | ₹1.25 Cr | Satisfied |
How Many Employees Work at Banmore Foam?
Banmore Foam has a workforce of 117 employees as of Apr 07, 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 Banmore Foam, 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 Banmore Foam'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.
Latest Updates, News, and FAQs on Banmore Foam
Recent activity within the organization
- Annual General Meeting
Banmore Foam Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Banmore Foam Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Gwalior.
- Charges
A charge with State Bank Of India of Rs. 14.75 Cr registered on 25 Sep 2001 with Charge ID 90205716 was modified on 06 Oct 2022.
- Charges
A charge with State Bank Of India amounted to Rs. 1.50 Cr with Charge ID 100357457 was registered on 30 May 2020.
- Director Appointment
Amit Mittal was appointed as a Managing Director was appointed as a Managing Director on 01 May 2020 & has been associated with this company since 4 years 10 months .
- Director Appointment
Karan Jain was appointed as a Director was appointed as a Director on 01 May 2020 & has been associated with this company since 4 years 10 months .
Frequently asked questions
What is the Incorporation or founding date of Banmore Foam Pvt Ltd?
Banmore Foam Pvt Ltd was incorporated on 31 Jan 1986.
What is authorized share capital and paid-up capital of Banmore Foam Pvt Ltd?
The authorized share capital of Banmore Foam Pvt Ltd is ₹ 1.00 Cr and paid-up capital is ₹ 6.95 M.
Who are the current board members & directors of Banmore Foam Pvt Ltd?
Currently 4 directors are associated with Banmore Foam Pvt Ltd.
- Atul Jain
- Yogesh Chandra Mittal
- Amit Mittal
- Karan Jain
What is the registered address of Banmore Foam Pvt Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Banmore Foam Pvt Ltd is 105-106 Industrial Area Banmore India, Morena, Madhya Pradesh, 476444.
What is the corporate identification number (CIN) and company number of Banmore Foam Pvt Ltd?
The corporate identification number (CIN) of Banmore Foam Pvt Ltd is U36104MP1986PTC003277 and the company number is 003277 as per Ministry of Corporate Affairs (MCA).
What is the official website of Banmore Foam Pvt Ltd?
The Official website of Banmore Foam Pvt Ltd is https://www.banmorefoam.com
What has been the recent revenue trend for Banmore Foam Pvt Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Banmore Foam Pvt Ltd has risen by 35.21%.
How many employees does Banmore Foam Pvt Ltd currently have?
As Per 2023 financial reports, 117 employees are currently employed by Banmore Foam Pvt Ltd.
What change has been observed in the net worth of Banmore Foam Pvt Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Banmore Foam Pvt Ltd has experienced an downturn of -2.82%.
What are the total open charges for Banmore Foam Pvt Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Banmore Foam Pvt Ltd amount to ₹ 16.25 Cr.
When was the last Balance Sheet of Banmore Foam Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Banmore Foam Pvt Ltd was filed with the ROC on 31 Mar 2023.