Besco Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 4.36 Cr
- Company Age 96 Year, 1 Month
- 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 one month. 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
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Location
Kolkata, West Bengal, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
L27109WB1928PLC006190
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Company No.
006190
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
23 Dec 1928
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Date of AGM
30 Sep 2022
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Listed
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ROC Code
Roc Kolkata
Industry
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.
Who are the key members and board of directors at Besco?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Om Tantia
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Managing Director | 19-Jun-1967 | Current |
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Arun Tantia
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Managing Director | 08-Apr-1972 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Madhusudan Tantia
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Director | 01-Sep-1991 | Current |
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Viji Iyengar
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Director | 29-Mar-1993 | Current |
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Prabir Chakravarti
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Director | 26-Sep-2003 | Current |
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Sidharth Tantia
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Director | 04-Jun-2004 | Current |
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Shiva Chawdhry
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Whole-Time Director | 28-May-1996 | Current |
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Pramod Khaitan
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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%.
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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)
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New Chumta Tea Company LimitedSidharth Tantia is a mutual person
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Sellwin Investments Pvt LtdOm Tantia and Madhusudan Tantia are mutual person
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Bascon (Consultants) Pvt Ltd
Om Tantia and Madhusudan Tantia are mutual person
Charges (Loans)
₹88.25 Cr
₹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.