Best Corporation Profile
Key Indicators
- Authorised Capital ₹ 14.00 Cr
as on 01-01-2025
- Paid Up Capital ₹ 11.35 Cr
as on 01-01-2025
- Company Age 20 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 569.25 Cr
as on 01-01-2025
- Satisfied Charges ₹ 392.34 Cr
as on 01-01-2025
- Revenue 22.46%
(FY 2022)
- Profit -3.86%
(FY 2022)
- Ebitda -56.54%
(FY 2022)
- Net Worth 12.37%
(FY 2022)
- Total Assets 13.14%
(FY 2022)
About Best Corporation
The Corporate was formerly known as Best Corporation Limited. The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 14.00 Cr and a paid-up capital of Rs 11.35 Cr.
The company currently has active open charges totaling ₹569.25 Cr. The company has closed loans amounting to ₹392.34 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Best Corporation Private Limited India is Palanivel Rajesh as COMPANY SECRETARY. Rajkumar Ramasamy, Dhanapal Ramasamy, Sennimalaigounder Ramasamy, and One other member serve as directors at the Company.
- CIN/LLPIN
U17111TZ2004PTC011016
- Company No.
011016
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
04 Mar 2004
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Best Corporation Private Limited offer?
Best Corporation Private Limited offers a wide range of products and services, including Cotton Textile, Cotton Fabric, Industrial Tape, Rubber Tape, Cotton Yarn, Crochet Cotton Yarn, Elastic Tapes, Jacquard Elastic, Knitwear, Men Knitted Wear.
Who are the key members and board of directors at Best Corporation?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajkumar Ramasamy  | Managing Director | 04-Mar-2004 | Current |
| Palanivel Rajesh | Company Secretary | 29-Oct-2024 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Dhanapal Ramasamy | Whole-Time Director | 04-Mar-2004 | Current |
| Sennimalaigounder Ramasamy | Director | 04-Mar-2004 | Current |
| Rajkumar Shivan | Director | 22-Apr-2021 | Current |
Financial Performance of Best Corporation.
Best Corporation Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 22.46% increase. The company also saw a slight decrease in profitability, with a 3.86% decrease in profit. The company's net worth Soared by an impressive increase of 12.37%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Best Corporation?
In 2021, Best Corporation had a promoter holding of 100.00%. The company had 11 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Rrd Tex Private LimitedActive 8 years 9 monthsRajkumar Ramasamy and Dhanapal Ramasamy are mutual person
Best Colour Solutions India Private LimitedActive 19 years 6 monthsRajkumar Ramasamy, Dhanapal Ramasamy and 1 more are mutual person
Charges (Loans)
₹569.25 Cr
₹392.34 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 271.00 Cr
- Others : 155.60 Cr
- Citi Bank N.A. : 82.65 Cr
- Standard Chartered Bank : 60.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Nov 2024 | Others | ₹25.00 Cr | Open |
| 26 Jun 2024 | Others | ₹110.60 Cr | Open |
| 26 Dec 2022 | State Bank Of India | ₹210.00 Cr | Open |
| 24 Jun 2019 | Others | ₹20.00 Cr | Open |
| 30 Dec 2015 | Citi Bank N.A. | ₹82.65 Cr | Open |
How Many Employees Work at Best Corporation?
Best Corporation has a workforce of 1081 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Best Corporation, 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 Corporation'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.
