Basik Innovation Llp

Creates homeware products, including hydration, lunch, storage, servers, and gifting items.

2016 | Mumbai, Maharashtra (India) | Active
Last Updated: March 15, 2024

Basik Innovation Llp Profile

Key Indicators

  • Obligation of Contribution ₹ 50.00 K
  • Company Age 8 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 17.17 Cr
  • Satisfied Charges ₹ 2.13 Cr
  • Revenue Growth -6.22%
  • Profit Growth -38.02%
  • Ebitda 10.73%
  • Total Assets 28.48%

About Basik Innovation Llp

Basik Innovation Llp (BIL) is 8 Year, 6 Months old Limited Liability Partnership 26 July 2016. Its registered office is in Mumbai, Maharashtra, India.

The LLP status is Active, and it has filed its Accounts and Solvency Statement up to 31 Mar 2023 (FY 2022-2023). It's Total Obligation of Contribution is Rs 50.00 K as per MCA.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN/FCRN

    AAH-0191

  • Incorporation Date

    26 Jul 2016

  • Date of Accounts and Solvency Statement

    31 Mar 2023

  • ROC Code

    Roc-Mumbai

  • Company Classification

    Limited Liability Partnership

Industry

Home & Lifestyle

What products or services does Basik Innovation Llp offer?

Basik Innovation Llp offers a wide range of products and services, including Food Storage Boxes & Containers, Thermo Flask, Kitchen Containers, Lunch Boxes, Packaging Caps & Seals, Cap Closures, Teapot, Coffee Mugs & Tea Sets, Fancy Cups, Tea Sets.

Who are the key members and board of directors at Basik Innovation Llp?

Designated Partners (2)

Name Designation Appointment Date Status
Viral Jain Country flag representing In Designated Partner 26-Jul-2016 Current
Vidhi Jain Country flag representing In Designated Partner 26-Jul-2016 Current

Financial Performance of Basik Innovation Llp.

Basik Innovation Llp, for the financial year ended 2021, experienced Minor drop in revenue, with a 6.22% decrease. The company also saw a substantial fall in profitability, with a 38.02% decrease in profit. The company's net worth witnessed no change by increase of 0%.

Graph illustrating revenue growth over time
Graph showing 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
-6.22%
Revenue from Operations
-6.21%
Total Assets
28.48%
Profit or Loss
-38.02%
Net Worth
EBITDA
10.73%

What is the Ownership and Shareholding Structure of Basik Innovation Llp?

Unlock access to Basik Innovation Llp's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹171,728,000.00

Satisfied Charges

₹21,300,000.00

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 14.17 Cr
  • Sidbi : 3.00 Cr

Latest Charge Details

Date Lender Amount Status
29 Apr 2023 Bank Of Baroda ₹1.73 M Open
08 Apr 2023 Bank Of Baroda ₹7.00 Cr Open
31 Mar 2023 Bank Of Baroda ₹7.00 Cr Open
27 Sep 2022 Sidbi ₹3.00 Cr Open
01 Nov 2017 State Bank Of India ₹2.13 Cr Satisfied

How Many Employees Work at Basik Innovation Llp?

Basik Innovation Llp has a workforce of 65 employees as of Apr 01, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Basik Innovation Llp, 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 Basik Innovation Llp'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 Basik Innovation Llp

Recent activity within the organization

  • Charges

    A charge with Bank Of Baroda amounted to Rs. 1,728,000.00 with Charge ID 100721069 was registered on 29 Apr 2023.

    29 Apr 2023

  • Charges

    A charge with Bank Of Baroda amounted to Rs. 70,000,000.00 with Charge ID 100710993 was registered on 08 Apr 2023.

    08 Apr 2023

  • Charges

    A charge with Bank Of Baroda amounted to Rs. 70,000,000.00 with Charge ID 100708465 was registered on 31 Mar 2023.

    31 Mar 2023

  • Charges

    A charge registered on 01 Nov 2017 via Charge ID 100147008 with State Bank Of India was fully satisfied on 31 Mar 2023.

    31 Mar 2023

  • Statement of Assets & Liabilities

    Basik Innovation Llp has filed its annual Financial statements for the year ended 31 Mar 2023 with RoC-Mumbai.

    31 Mar 2023

  • Charges

    A charge with Sidbi amounted to Rs. 30,000,000.00 with Charge ID 100621392 was registered on 27 Sep 2022.

    27 Sep 2022

Frequently asked questions

  • Basik Innovation Llp was incorporated on 26 Jul 2016.

  • The Obligation of Contribution of Basik Innovation Llp is ₹ 50.00 K .

  • Currently 2 partners are associated with Basik Innovation Llp.

    • Viral Indermal Jain
    • Vidhi Indermal Jain
    Viral Indermal JainVidhi Indermal Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Basik Innovation Llp is 2Nd Floor Gala No 7 Vakil Industrial Estate Walbhat Road Goregaon East, Na City, Mumbai, Maharashtra, India, 400063.

  • The Limited Liability Partnership Identification Number (LLPIN) of Basik Innovation Llp is AAH-0191.

  • The Official website of Basik Innovation Llp is https://www.basik.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Basik Innovation Llp has fallen by -6.22%.

  • As Per 2021 financial reports, 65 employees are currently employed by Basik Innovation Llp.

  • As per the financial statements for fiscal Year 2021, The total open charges for Basik Innovation Llp amount to ₹ 17.17 Cr.

  • The most recent Balance Sheet for Basik Innovation Llp was filed with the ROC on 31 Mar 2023.