Besoto Starting Systems Pvt Ltd

Manufacturer and exporter of auto electrical components for various industries, with ISO/TS 16949:2009 certification.

2001 | New Delhi, Delhi (India) | Active
Last Updated: July 17, 2024

Besoto Starting Systems Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 6.50 M
  • Company Age 23 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 15.03 Cr
  • Satisfied Charges ₹ 13.34 Cr
  • Revenue Growth 33.92%
  • Profit Growth 35.04%
  • Ebitda 10.76%
  • Net Worth 16.74%
  • Total Assets 34.86%

About Besoto Starting Systems

Besoto Starting Systems Pvt Ltd (BSSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 August 2001 and has a history of 23 years and six months. 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 6.50 M.

The company currently has active open charges totaling ₹15.03 Cr. The company has closed loans amounting to ₹13.34 Cr, as per Ministry of Corporate Affairs (MCA) records.

Manpreet Singh and Angad Singh serve as directors at the Company.

Company Details

  • Location

    New Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ebesoto.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U34300DL2001PTC111904

  • Company No.

    111904

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Aug 2001

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Automotive

What products or services does Besoto Starting Systems Pvt Ltd offer?

Besoto Starting Systems Pvt Ltd offers a wide range of products and services, including Electric Motors and Components, Motor Switches, Generators, Turbines & Power Plants, Generator Parts, Automobile Electrical Components, Automotive Motors, Automotive Starters & Parts, Motor Parts.

Who are the key members and board of directors at Besoto Starting Systems?

Board Members (2)

NameDesignationAppointment DateStatus
Manpreet Singh Country flag representing In Director 03-Aug-2001Current
Angad Singh Country flag representing In Director 30-Jan-2008Current

Financial Performance of Besoto Starting Systems.

Besoto Starting Systems Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 33.92% increase. The company also saw a substantial improvement in profitability, with a 35.04% increase in profit. The company's net worth Soared by an impressive increase of 16.74%.

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
33.92%
Revenue from Operations
33.90%
Total Assets
34.86%
Profit or Loss
35.04%
Net Worth
16.74%
EBITDA
10.76%

What is the Ownership and Shareholding Structure of Besoto Starting Systems?

In 2023, Besoto Starting Systems had a promoter holding of 52.85% and a public holding of 47.15%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹15.03 Cr

Satisfied Charges

₹13.34 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 15.03 Cr

Latest Charge Details

DateLenderAmountStatus
31 Dec 2023Hdfc Bank Limited₹0.93 MOpen
30 Nov 2023Hdfc Bank Limited₹2.10 MOpen
10 Apr 2023Hdfc Bank Limited₹0.69 MOpen
14 Oct 2022Hdfc Bank Limited₹2.09 MOpen
01 May 2019Hdfc Bank Limited₹14.45 CrOpen

How Many Employees Work at Besoto Starting Systems?

Besoto Starting Systems has a workforce of 23 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Besoto Starting Systems, 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 Besoto Starting Systems'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 Besoto Starting Systems

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.09 Cr with Charge ID 100869870 was registered on 31 Dec 2023.

    31 Dec 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 14.45 Cr registered on 01 May 2019 with Charge ID 100271402 was modified on 05 Dec 2023.

    05 Dec 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.21 Cr with Charge ID 100858401 was registered on 30 Nov 2023.

    30 Nov 2023

  • Annual General Meeting

    Besoto Starting Systems Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.07 Cr with Charge ID 100727213 was registered on 10 Apr 2023.

    10 Apr 2023

  • Balance Sheet

    Besoto Starting Systems Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

Frequently asked questions

  • Besoto Starting Systems Pvt Ltd was incorporated on 03 Aug 2001.

  • The authorized share capital of Besoto Starting Systems Pvt Ltd is ₹ 1.00 Cr and paid-up capital is ₹ 6.50 M.

  • Currently 2 directors are associated with Besoto Starting Systems Pvt Ltd.

    • Manpreet Singh
    • Angad Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Besoto Starting Systems Pvt Ltd is G-97 Kalkaji New Delhi, India, 110019.

  • The corporate identification number (CIN) of Besoto Starting Systems Pvt Ltd is U34300DL2001PTC111904 and the company number is 111904 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Besoto Starting Systems Pvt Ltd is https://www.ebesoto.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Besoto Starting Systems Pvt Ltd has risen by 33.92%.

  • As Per 2023 financial reports, 23 employees are currently employed by Besoto Starting Systems Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Besoto Starting Systems Pvt Ltd has experienced an upsurge of 16.74%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Besoto Starting Systems Pvt Ltd amount to ₹ 15.03 Cr.

  • The most recent Balance Sheet for Besoto Starting Systems Pvt Ltd was filed with the ROC on 31 Mar 2023.

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