Best Corporation Profile
Key Indicators
- Authorised Capital ₹ 14.00 Cr
as on 02-07-2024
- Paid Up Capital ₹ 11.35 Cr
as on 02-07-2024
- Company Age 20 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 363.65 Cr
as on 02-07-2024
- Satisfied Charges ₹ 392.34 Cr
as on 02-07-2024
- 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 2023. 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 ₹363.65 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 Manonmani Sivasamy as COMPANY SECRETARY. Rajkumar Shivan, Dhanapal Ramasamy, Rajkumar 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 2023
- Date of Balance Sheet
31 Mar 2023
- 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 |
| Manonmani Sivasamy | Company Secretary | 29-Mar-2024 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rajkumar Shivan | Director | 22-Apr-2021 | Current |
| Dhanapal Ramasamy | Whole-Time Director | 04-Mar-2004 | Current |
| Sennimalaigounder Ramasamy | Director | 04-Mar-2004 | Current |
Financial Performance and Corporate Structure Insights 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 7 monthsDhanapal Ramasamy and Rajkumar Ramasamy are mutual person
Best Colour Solutions India Private LimitedActive 19 years 5 monthsDhanapal Ramasamy, Rajkumar Ramasamy and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
State Bank Of India Creation Date: 26 Dec 2022 | ₹140.00 Cr | Open |
Others Creation Date: 24 Jun 2019 | ₹20.00 Cr | Open |
Citi Bank N.A. Creation Date: 30 Dec 2015 | ₹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.
