Best And Young Engineers Private Limited

Manufactures, trades, and services watches, clocks, and time pieces.

2004 | Tumkur, Karnataka (India) | Active
Last Updated: December 08, 2024

Best And Young Engineers Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.80 M
  • Company Age 21 Year, 4 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.23 Cr
  • Satisfied Charges ₹ 2.45 Cr
  • Revenue Growth -42.41%
  • Profit Growth -7.69%
  • Ebitda 7.95%
  • Net Worth -1.61%
  • Total Assets 24.17%

About Best And Young Engineers

Best And Young Engineers Private Limited (BAYEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 January 2004 and has a history of 21 years. Its registered office is in Tumkur, Karnataka, India.

The Company is engaged in the Consumer Goods 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 2.00 M and a paid-up capital of Rs 1.80 M.

The company currently has active open charges totaling ₹2.23 Cr. The company has closed loans amounting to ₹2.45 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ramesh Jagannathan and Nadaavatti Ganeshguru serve as directors at the Company.

Company Details

  • Location

    Tumkur, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U33302KA2004PTC033263

  • Company No.

    033263

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Jan 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Consumer Goods

Who are the key members and board of directors at Best And Young Engineers?

Board Members (2)

Name Designation Appointment Date Status
Ramesh Jagannathan Country flag representing In Director 28-Jan-2004 Current
Nadaavatti Ganeshguru Country flag representing In Director 28-Jan-2004 Current

Financial Performance of Best And Young Engineers.

Best And Young Engineers Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 42.41% decrease. The company also saw a slight decrease in profitability, with a 7.69% decrease in profit. The company's net worth dipped by a decrease of 1.61%.

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
-42.41%
Revenue from Operations
-42.71%
Total Assets
24.17%
Profit or Loss
-7.69%
Net Worth
-1.61%
EBITDA
7.95%

What is the Ownership and Shareholding Structure of Best And Young Engineers?

In 2020, Best And Young Engineers 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

₹22.30 M

Satisfied Charges

₹24.49 M

Charges Breakdown by Lending Institutions

  • Others : 2.23 Cr

Latest Charge Details

Date Lender Amount Status
05 Jun 2020 Others ₹2.00 M Open
05 Dec 2019 Others ₹1.53 Cr Open
05 Dec 2019 Others ₹5.00 M Open
16 May 2014 Srei Equipment Finance Limited ₹0.90 M Satisfied
23 Apr 2012 The Lakshmi Vilas Bank Limited ₹2.75 M Satisfied

How Many Employees Work at Best And Young Engineers?

Best And Young Engineers has a workforce of 1 employees as of Apr 06, 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 Best And Young Engineers, 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 Best And Young Engineers'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 Best And Young Engineers

Recent activity within the organization

  • Annual General Meeting

    Best And Young Engineers Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Best And Young Engineers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 15.30 M registered on 05 Dec 2019 with Charge ID 100322282 was modified on 28 Mar 2022.

    28 Mar 2022

  • Charges

    A charge with Others amounted to Rs. 2.00 M with Charge ID 100359474 was registered on 05 Jun 2020.

    05 Jun 2020

  • Charges

    A charge registered on 23 Apr 2012 via Charge ID 10356030 with The Lakshmi Vilas Bank Limited was fully satisfied on 14 Jan 2020.

    14 Jan 2020

  • Charges

    A charge registered on 27 Aug 2004 via Charge ID 80010717 with Lakshmi Vilas Bank Limited was fully satisfied on 14 Jan 2020.

    14 Jan 2020

Frequently asked questions

  • Best And Young Engineers Private Limited was incorporated on 28 Jan 2004.

  • The authorized share capital of Best And Young Engineers Private Limited is ₹ 2.00 M and paid-up capital is ₹ 1.80 M.

  • Currently 2 directors are associated with Best And Young Engineers Private Limited.

    • Ramesh Jagannathan
    • Nadaavatti Kumar Ganeshguru
  • As per Ministry of Corporate Affairs (Mca), the registered address of Best And Young Engineers Private Limited is Plot No 3 4 Kunigal Industrial Area 2Nd Phase, India, Tumkur, Karnataka, 572130.

  • The corporate identification number (CIN) of Best And Young Engineers Private Limited is U33302KA2004PTC033263 and the company number is 033263 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Best And Young Engineers Private Limited is https://www.bestandyoung.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Best And Young Engineers Private Limited has fallen by -42.41%.

  • As Per 2020 financial reports, 1 employees are currently employed by Best And Young Engineers Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Best And Young Engineers Private Limited has experienced an downturn of -1.61%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Best And Young Engineers Private Limited amount to ₹ 2.23 Cr.

  • The most recent Balance Sheet for Best And Young Engineers Private Limited was filed with the ROC on 31 Mar 2023.

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