Best Engineering Aids & Consultancies Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
as on 16-11-2024
- Paid Up Capital ₹ 0.90 M
as on 16-11-2024
- Company Age 13 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 17.74 Cr
as on 16-11-2024
- Satisfied Charges ₹ 7.20 Cr
as on 16-11-2024
- Revenue 31.63%
(FY 2023)
- Profit 72.85%
(FY 2023)
- Ebitda 21.55%
(FY 2023)
- Net Worth 37.61%
(FY 2023)
- Total Assets 15.79%
(FY 2023)
About Best Engineering Aids & Consultancies
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.
- 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
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media
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.
Who are the key members and board of directors at Best Engineering Aids & Consultancies?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Varakumar Siddavatam  | Managing Director | 07-Jan-2011 | Current |
Board Members(8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vidyasagar Mahesh | Whole-Time Director | 23-Jul-2013 | Current |
| Joseph Jerome | Whole-Time Director | 07-Jan-2011 | Current |
| Ashish Gothe | Director | 20-Apr-2021 | Current |
| Anand Adhi | Whole-Time Director | 23-Jul-2013 | Current |
| Sharada Siddavatam | Director | 26-Sep-2022 | Current |
| Arumuganainar Ramaswamy | Director | 26-Sep-2022 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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.
Related Corporates (Common Directorship)
Fieldxcel Technologies Private LimitedActive 5 years 28 daysArumuganainar Ramaswamy is a mutual person
Designsense Software Technologies Private LimitedActive 11 years 27 daysVarakumar Siddavatam, Sharada Siddavatam and 1 more are mutual person
- Vks Accounts & Compliance Private LimitedActive 10 years 3 months
Krishna Shyanbhoga is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 09 May 2024 | ₹4.99 Cr | Open |
Others Creation Date: 04 May 2012 | ₹12.75 Cr | Open |
Others Creation Date: 07 Jan 2021 | ₹6.00 M | Satisfied |
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.
Deals i
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
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.
