Bansal Belt & Bearings Private Limited

Supplier of bearings, belts, and machinery parts since 2008, based in Panipat, Haryana.

2008 | Panipat, Haryana (India) | Active
Last Updated:

Bansal Belt & Bearings Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 1.44 M
  • Company Age 17 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.70 Cr
  • Satisfied Charges ₹ 0.30 M
  • Revenue Growth 25.48%
  • Profit Growth 31.56%
  • Ebitda 33.75%
  • Net Worth 25.39%
  • Total Assets 35.98%

About Bansal Belt & Bearings

Bansal Belt & Bearings Private Limited (BBBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 January 2008 and has a history of 17 years and one month. Its registered office is in Panipat, Haryana, India.

The Company is engaged in the Engineering 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 5.00 M and a paid-up capital of Rs 1.44 M.

The company currently has active open charges totaling ₹1.70 Cr. The company has closed loans amounting to ₹0.30 M, as per Ministry of Corporate Affairs (MCA) records.

Harish Bansal, Amar Bansal, Sudesh Bansal, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U45400HR2008PTC037560

  • Company No.

    037560

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Jan 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Engineering

What products or services does Bansal Belt & Bearings Private Limited offer?

Bansal Belt & Bearings Private Limited offers a wide range of products and services, including Industrial Belts & V Belts, V Belts, Ball Bearings and Bearing Assemblies, Bearings, Conveyor Systems & Components, Roller Chains, Timing Belts, Data Entry & Data Processing Service, Database Management, Material Testing Labs & Services.

Who are the key members and board of directors at Bansal Belt & Bearings?

Board Members (4)

NameDesignationAppointment DateStatus
Vaibhav Bansal Country flag representing In Director 12-Aug-2020Current
Harish Bansal Country flag representing In Director 23-Jan-2008Current
Amar Bansal Country flag representing In Director 16-Feb-2015Current
Sudesh Bansal Country flag representing In Director 12-Aug-2020Current

Financial Performance of Bansal Belt & Bearings.

Bansal Belt & Bearings Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.48% increase. The company also saw a substantial improvement in profitability, with a 31.56% increase in profit. The company's net worth Soared by an impressive increase of 25.39%.

Bansal Belt & Bearings revenue growth over time
Bansal Belt & Bearings 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
25.48%
Revenue from Operations
25.73%
Total Assets
35.98%
Profit or Loss
31.56%
Net Worth
25.39%
EBITDA
33.75%

What is the Ownership and Shareholding Structure of Bansal Belt & Bearings?

In 2023, Bansal Belt & Bearings had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹17.02 M

Satisfied Charges

₹0.30 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 1.70 Cr

Latest Charge Details

DateLenderAmountStatus
10 Dec 2021Hdfc Bank Limited₹2.10 MOpen
25 Jun 2019Hdfc Bank Limited₹7.92 MOpen
26 May 2008Hdfc Bank Limited₹7.00 MOpen
12 Sep 2008State Bank Of India₹0.30 MSatisfied

How Many Employees Work at Bansal Belt & Bearings?

Unlock and access historical data on people associated with Bansal Belt & Bearings, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Bansal Belt & Bearings Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bansal Belt & Bearings, 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 Bansal Belt & Bearings'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 Bansal Belt & Bearings

Recent activity within the organization

  • Annual General Meeting

    Bansal Belt & Bearings Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Bansal Belt & Bearings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.10 M with Charge ID 100526690 was registered on 10 Dec 2021.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 7.00 M registered on 26 May 2008 with Charge ID 10106689 was modified on 02 Jul 2021.

  • Director Appointment

    Sudesh Bansal was appointed as a Director was appointed as a Director on 12 Aug 2020 & has been associated with this company since 4 years 6 months .

  • Director Appointment

    Vaibhav Bansal was appointed as a Director was appointed as a Director on 12 Aug 2020 & has been associated with this company since 4 years 6 months .

Frequently asked questions

  • What is the Incorporation or founding date of Bansal Belt & Bearings Private Limited?

    Bansal Belt & Bearings Private Limited was incorporated on 23 Jan 2008.

  • What is authorized share capital and paid-up capital of Bansal Belt & Bearings Private Limited?

    The authorized share capital of Bansal Belt & Bearings Private Limited is ₹ 5.00 M and paid-up capital is ₹ 1.44 M.

  • Who are the current board members & directors of Bansal Belt & Bearings Private Limited?

    Currently 4 directors are associated with Bansal Belt & Bearings Private Limited.

    • Harish Bansal
    • Amar Nath Bansal
    • Sudesh Bansal
    • Vaibhav Bansal

  • What is the registered address of Bansal Belt & Bearings Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Bansal Belt & Bearings Private Limited is 189 Assandh Road Near Madaan Hospital Model Town, Panipat, Haryana, India, 132103.

  • What is the corporate identification number (CIN) and company number of Bansal Belt & Bearings Private Limited?

    The corporate identification number (CIN) of Bansal Belt & Bearings Private Limited is U45400HR2008PTC037560 and the company number is 037560 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Bansal Belt & Bearings Private Limited?

    The Official website of Bansal Belt & Bearings Private Limited is https://www.bansalbeltandbearings.com

  • What has been the recent revenue trend for Bansal Belt & Bearings Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Bansal Belt & Bearings Private Limited has risen by 25.48%.

  • What change has been observed in the net worth of Bansal Belt & Bearings Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Bansal Belt & Bearings Private Limited has experienced an upsurge of 25.39%.

  • What are the total open charges for Bansal Belt & Bearings Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Bansal Belt & Bearings Private Limited amount to ₹ 1.70 Cr.

  • When was the last Balance Sheet of Bansal Belt & Bearings Private Limited filed with the ROC?

    The most recent Balance Sheet for Bansal Belt & Bearings Private Limited was filed with the ROC on 31 Mar 2023.

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