Bearing Power India Private Limited

Trading company specializing in bearings, gears, and various metal and mineral products.

2016 | New Delhi, Delhi (India) | Active
Last Updated: July 29, 2024

Bearing Power India Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 5.80 M
  • Company Age 8 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.72 Cr
  • Satisfied Charges ₹ 0.50 M
  • Revenue Growth 40.50%
  • Profit Growth 36.13%
  • Ebitda -17.85%
  • Net Worth 30.30%
  • Total Assets 3.87%

About Bearing Power India

Bearing Power India Private Limited (BPIPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 May 2016 (Eight years and nine months 11 days old ). Its registered office is in New Delhi, Delhi, India.

The Company is engaged in the Automotive 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 5.80 M.

The company currently has active open charges totaling ₹1.72 Cr. The company has closed loans amounting to ₹0.50 M, as per Ministry of Corporate Affairs (MCA) records.

Virender Singh and Manoj Goyat serve as directors at the Company.

Company Details

  • Location

    New Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    bearingpowerindia.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27109DL2016PTC299141

  • Company No.

    299141

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 May 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Automotive
Machinery and Equipment

Who are the key members and board of directors at Bearing Power India?

Board Members (2)

Name Designation Appointment Date Status
Virender Singh Country flag representing In Director 05-May-2016 Current
Manoj Goyat Country flag representing In Director 05-May-2016 Current

Financial Performance of Bearing Power India.

Bearing Power India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 40.5% increase. The company also saw a substantial improvement in profitability, with a 36.13% increase in profit. The company's net worth Soared by an impressive increase of 30.3%.

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
40.50%
Revenue from Operations
37.04%
Total Assets
3.87%
Profit or Loss
36.13%
Net Worth
30.30%
EBITDA
-17.85%

What is the Ownership and Shareholding Structure of Bearing Power India?

In 2023, Bearing Power India 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

₹1.72 Cr

Satisfied Charges

₹0.05 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 1.50 Cr
  • Hdfc Bank Limited : 0.22 Cr

Latest Charge Details

Date Lender Amount Status
31 May 2023 Axis Bank Limited ₹1.50 Cr Open
27 Mar 2023 Hdfc Bank Limited ₹2.16 M Open
10 Jul 2017 Canara Bank ₹0.50 M Satisfied

How Many Employees Work at Bearing Power India?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bearing Power India, 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 Bearing Power India'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 Bearing Power India

Recent activity within the organization

  • Annual General Meeting

    Bearing Power India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.50 Cr with Charge ID 100751905 was registered on 31 May 2023.

    31 May 2023

  • Balance Sheet

    Bearing Power India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.22 Cr with Charge ID 100722453 was registered on 27 Mar 2023.

    27 Mar 2023

  • Charges

    A charge registered on 10 Jul 2017 via Charge ID 100115035 with Canara Bank was fully satisfied on 22 Feb 2018.

    22 Feb 2018

  • Charges

    A charge with Canara Bank amounted to Rs. 0.05 Cr with Charge ID 100115035 was registered on 10 Jul 2017.

    10 Jul 2017

Frequently asked questions

  • Bearing Power India Private Limited was incorporated on 05 May 2016.

  • The authorized share capital of Bearing Power India Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 5.80 M.

  • Currently 2 directors are associated with Bearing Power India Private Limited.

    • Virender Singh
    • Manoj Goyat
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bearing Power India Private Limited is Wz-84 Hari Singh Multan Nagar, New Delhi, India, 110056.

  • The corporate identification number (CIN) of Bearing Power India Private Limited is U27109DL2016PTC299141 and the company number is 299141 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bearing Power India Private Limited is https://www.bearingpowerindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bearing Power India Private Limited has risen by 40.50%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bearing Power India Private Limited has experienced an upsurge of 30.30%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bearing Power India Private Limited amount to ₹ 1.72 Cr.

  • The most recent Balance Sheet for Bearing Power India Private Limited was filed with the ROC on 31 Mar 2023.