Best Engineering Aids & Consultancies Private Limited

Leading 3D CAD solution provider for engineering industry in India, specializing in mechanical design and Solidworks.

2011 | Bangaluru, Karnataka (India) | Active
Last Updated:

Best Engineering Aids & Consultancies Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.90 M
  • Company Age 14 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 17.74 Cr
  • Satisfied Charges ₹ 7.20 Cr
  • Revenue Growth 31.63%
  • Profit Growth 72.85%
  • Ebitda 28.13%
  • Net Worth 37.61%
  • Total Assets 15.79%

About Best Engineering Aids & Consultancies

Best Engineering Aids & Consultancies Private Limited (BEACPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 January 2011 and has a history of 14 years and three months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Engineering 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 1.00 M and a paid-up capital of Rs 0.90 M.

The company currently has active open charges totaling ₹17.74 Cr. The company has closed loans amounting to ₹7.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

Joseph Jerome, Varakumar Siddavatam, Anand Adhi, and Six other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900KA2011PTC056560

  • Company No.

    056560

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Jan 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Engineering

What products or services does Best Engineering Aids & Consultancies Private Limited offer?

Best Engineering Aids & Consultancies Private Limited offers a wide range of products and services, including Computer and Mobile Softwares & Apps, Photo And Design Software, Engineering Software, Barcode, Stickers & Luggage Tags, Stickers, CAD CAM Design & Consultancy, CAD Service, 3D CAD Design Services, Solidworks Simulation, Product Designing.

Company report

Best Engineering Aids & Consultancies Private Limited

Explore comprehensive data for Best Engineering Aids & Consultancies Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Best Engineering Aids & Consultancies?

Executive Team (1)

NameDesignationAppointment DateStatus
Varakumar Siddavatam Country flag representing In Managing Director07-Jan-2011Current

Board Members (8)

NameDesignationAppointment DateStatus
Vidyasagar Mahesh Country flag representing In Whole-Time Director 23-Jul-2013Current
Joseph Jerome Country flag representing In Whole-Time Director 07-Jan-2011Current
Ashish Gothe Country flag representing In Director 20-Apr-2021Current
Anand Adhi Country flag representing In Whole-Time Director 23-Jul-2013Current
Sharada Siddavatam Country flag representing In Director 26-Sep-2022Current
Arumuganainar Ramaswamy Country flag representing In Director 26-Sep-2022Current

Financial Performance of Best Engineering Aids & Consultancies.

Best Engineering Aids & Consultancies Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 31.63% increase. The company also saw a substantial improvement in profitability, with a 72.85% increase in profit. The company's net worth Soared by an impressive increase of 37.61%.

Best Engineering Aids & Consultancies revenue growth over time
Best Engineering Aids & Consultancies 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
31.63%
Revenue from Operations
27.13%
Total Assets
15.79%
Profit or Loss
72.85%
Net Worth
37.61%
EBITDA
28.13%

What is the Ownership and Shareholding Structure of Best Engineering Aids & Consultancies?

In 2023, Best Engineering Aids & Consultancies had a promoter holding of 97.78% and a public holding of 2.22%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹177.40 M

Satisfied Charges

₹72.00 M

Charges Breakdown by Lending Institutions

  • Others : 17.74 Cr

Latest Charge Details

DateLenderAmountStatus
09 May 2024Others₹4.99 CrOpen
04 May 2012Others₹12.75 CrOpen
07 Jan 2021Others₹6.00 MSatisfied
08 Feb 2018Hdfc Bank Limited₹2.20 CrSatisfied
27 Jan 2016Hdfc Bank Limited₹2.40 CrSatisfied

How Many Employees Work at Best Engineering Aids & Consultancies?

Best Engineering Aids & Consultancies has a workforce of 214 employees as of Apr 05, 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.

Employee growth trends for Best Engineering Aids & Consultancies Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Best Engineering Aids & Consultancies, 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 Engineering Aids & Consultancies'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 Engineering Aids & Consultancies

Recent activity within the organization

  • Annual General Meeting

    Best Engineering Aids & Consultancies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others of Rs. 49.90 M registered on 09 May 2024 with Charge ID 100928626 was modified on 08 Aug 2024.

  • Charges

    A charge registered on 07 Jan 2021 via Charge ID 100409477 with Others was fully satisfied on 23 May 2024.

  • Charges

    A charge with Others amounted to Rs. 49.90 M with Charge ID 100928626 was registered on 09 May 2024.

  • Balance Sheet

    Best Engineering Aids & Consultancies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge with Others of Rs. 127.50 M registered on 04 May 2012 with Charge ID 10357104 was modified on 25 Sep 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Best Engineering Aids & Consultancies Private Limited?

    Best Engineering Aids & Consultancies Private Limited was incorporated on 07 Jan 2011.

  • What is authorized share capital and paid-up capital of Best Engineering Aids & Consultancies Private Limited?

    The authorized share capital of Best Engineering Aids & Consultancies Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.90 M.

  • Who are the current board members & directors of Best Engineering Aids & Consultancies Private Limited?

    Currently 9 directors are associated with Best Engineering Aids & Consultancies Private Limited.

    • Joseph Jerome
    • Varakumar Siddavatam
    • Anand Adhi
    • Vidyasagar Lakshmanarao Mahesh
    • Sharada Kumari Siddavatam
    • Arumuganainar Ramaswamy
    • Krishna Raya Shyanbhoga
    • Ashish Anand Gothe
    • Anjan Sarkar

  • What is the registered address of Best Engineering Aids & Consultancies Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Best Engineering Aids & Consultancies Private Limited is 365/8 Ground Floor Hasmitha Avenue 16Th Main 4Th T Block Jayanagar, India, Bangalore, Karnataka, 560041.

  • What is the corporate identification number (CIN) and company number of Best Engineering Aids & Consultancies Private Limited?

    The corporate identification number (CIN) of Best Engineering Aids & Consultancies Private Limited is U72900KA2011PTC056560 and the company number is 056560 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Best Engineering Aids & Consultancies Private Limited?

    The Official website of Best Engineering Aids & Consultancies Private Limited is https://www.beacon-india.com

  • What has been the recent revenue trend for Best Engineering Aids & Consultancies Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Best Engineering Aids & Consultancies Private Limited has risen by 31.63%.

  • How many employees does Best Engineering Aids & Consultancies Private Limited currently have?

    As Per 2023 financial reports, 214 employees are currently employed by Best Engineering Aids & Consultancies Private Limited.

  • What change has been observed in the net worth of Best Engineering Aids & Consultancies Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Best Engineering Aids & Consultancies Private Limited has experienced an upsurge of 37.61%.

  • What are the total open charges for Best Engineering Aids & Consultancies Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Best Engineering Aids & Consultancies Private Limited amount to ₹ 17.74 Cr.

  • When was the last Balance Sheet of Best Engineering Aids & Consultancies Private Limited filed with the ROC?

    The most recent Balance Sheet for Best Engineering Aids & Consultancies Private Limited was filed with the ROC on 31 Mar 2024.

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