Besco Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 4.36 Cr
- Company Age 96 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 88.25 Cr
- Satisfied Charges ₹ 6.75 Cr
- Revenue Growth 262.81%
- Profit Growth 296.64%
- Ebitda -140.19%
- Net Worth 14.40%
- Total Assets 37.06%
About Besco
Besco Ltd. (BL) was founded in India on 23 December 1928 and has a glorious history of 96 years and three months. Its registered office is in Kolkata, West Bengal, India.
The Corporate was formerly known as The Hukumchand Electric Steel Company, Limited. The Company is engaged in the Transport And Logistics 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 20.00 Cr and a paid-up capital of Rs 4.36 Cr.
The company currently has active open charges totaling ₹88.25 Cr. The company has closed loans amounting to ₹6.75 Cr, as per Ministry of Corporate Affairs (MCA) records.
Om Tantia, Madhusudan Tantia, Viji Iyengar, and Five other members serve as directors at the Company.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L27109WB1928PLC006190
- Company No.
006190
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
23 Dec 1928
- Date of AGM
30 Sep 2022
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Kolkata
Industry
Transport and Logistics
What products or services does Besco Ltd. offer?
Besco Ltd. offers a wide range of products and services, including Die Casting & Investment Castings, Metal Castings, Railway Parts, Freight Cars, Railway Track Parts, Railway Track Fittings, Automotive Rubber Components, Rubber Bonded Parts, Home, Auto & Other Loan Services, Loan Service Providers.
Besco Ltd.
Explore comprehensive data for Besco Ltd., including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Besco?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Om Tantia  | Managing Director | 19-Jun-1967 | Current |
| Arun Tantia | Managing Director | 08-Apr-1972 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Madhusudan Tantia | Director | 01-Sep-1991 | Current |
| Viji Iyengar | Director | 29-Mar-1993 | Current |
| Prabir Chakravarti | Director | 26-Sep-2003 | Current |
| Sidharth Tantia | Director | 04-Jun-2004 | Current |
| Shiva Chawdhry | Whole-Time Director | 28-May-1996 | Current |
| Pramod Khaitan | Director | 27-Nov-1995 | Current |
Financial Performance of Besco.
Besco Ltd., for the financial year ended 2023, experienced significant growth in revenue, with a 262.81% increase. The company also saw a substantial improvement in profitability, with a 296.64% increase in profit. The company's net worth Soared by an impressive increase of 14.4%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Besco?
In 2023, Besco had a promoter holding of 48.50% and a public holding of 51.51%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
New Chumta Tea Company LimitedSidharth Tantia is a mutual person
Sellwin Investments Pvt LtdOm Tantia and Madhusudan Tantia are mutual person
- Bascon (Consultants) Pvt Ltd
Om Tantia and Madhusudan Tantia are mutual person
Charges (Loans)
Open Charges
₹88.25 Cr
Satisfied Charges
₹6.75 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 56.74 Cr
- Axis Bank Limited : 30.88 Cr
- Others : 0.45 Cr
- Hdfc Bank Limited : 0.18 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jun 2024 | Others | ₹3.00 M | Open |
| 30 Mar 2024 | Hdfc Bank Limited | ₹1.76 M | Open |
| 15 Feb 2024 | Others | ₹1.50 M | Open |
| 31 May 2022 | Axis Bank Limited | ₹30.88 Cr | Open |
| 14 Jul 2003 | State Bank Of India | ₹24.72 Cr | Open |
How Many Employees Work at Besco?
Besco has a workforce of 131 employees as of Apr 08, 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 Besco, 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 Besco'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 Besco
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 0.30 Cr with Charge ID 100986412 was registered on 29 Jun 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 100940880 was registered on 30 Mar 2024.
- Charges
A charge with Others amounted to Rs. 0.15 Cr with Charge ID 100912560 was registered on 15 Feb 2024.
- Balance Sheet
Besco Ltd. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.
- Charges
A charge with State Bank Of India of Rs. 24.72 Cr registered on 14 Jul 2003 with Charge ID 100173553 was modified on 23 Mar 2023.
- Annual General Meeting
Besco Ltd. last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Frequently asked questions
What is the Incorporation or founding date of Besco Ltd.?
Besco Ltd. was incorporated on 23 Dec 1928.
What is authorized share capital and paid-up capital of Besco Ltd.?
The authorized share capital of Besco Ltd. is ₹ 20.00 Cr and paid-up capital is ₹ 4.36 Cr.
Who are the current board members & directors of Besco Ltd.?
Currently 8 directors are associated with Besco Ltd..
- Om Prakash Tantia
- Madhusudan Tantia
- Viji Aravamudhan Iyengar
- Prabir Chakravarti
- Sidharth Tantia
- Shiva Shankar Chawdhry
- Pramod Kumar Khaitan
- Arun Kumar Tantia
What is the registered address of Besco Ltd.?
As per Ministry of Corporate Affairs (Mca), the registered address of Besco Ltd. is 5/2 Russel Street Poonam Building, 7Th Floor India, Kolkata, West Bengal, 700071.
What is the corporate identification number (CIN) and company number of Besco Ltd.?
The corporate identification number (CIN) of Besco Ltd. is L27109WB1928PLC006190 and the company number is 006190 as per Ministry of Corporate Affairs (MCA).
What is the official website of Besco Ltd.?
The Official website of Besco Ltd. is https://www.ombesco.in
What has been the recent revenue trend for Besco Ltd.?
According to the financial reports for the fiscal year 2023, the revenue trend for Besco Ltd. has risen by 262.81%.
How many employees does Besco Ltd. currently have?
As Per 2023 financial reports, 131 employees are currently employed by Besco Ltd..
What change has been observed in the net worth of Besco Ltd., and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Besco Ltd. has experienced an upsurge of 14.40%.
What are the total open charges for Besco Ltd.?
As per the financial statements for fiscal Year 2023, The total open charges for Besco Ltd. amount to ₹ 88.25 Cr.
When was the last Balance Sheet of Besco Ltd. filed with the ROC?
The most recent Balance Sheet for Besco Ltd. was filed with the ROC on 31 Mar 2023.
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