Best Engineering Aids & Consultancies Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.90 M
- Company Age 14 Year, 23 Days
- 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. 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
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
- Ratios
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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 LimitedArumuganainar Ramaswamy is a mutual person
Designsense Software Technologies Private LimitedVarakumar Siddavatam is a mutual person
Svrn Foundation LlpArumuganainar Ramaswamy is a mutual person
- Vks Accounts & Compliance Private Limited
Krishna Shyanbhoga is a mutual person
Charges (Loans)
₹177.40 M
₹72.00 M
Charges Breakdown by Lending Institutions
- Others : 17.74 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 May 2024 | Others | ₹4.99 Cr | Open |
| 04 May 2012 | Others | ₹12.75 Cr | Open |
| 07 Jan 2021 | Others | ₹6.00 M | Satisfied |
| 08 Feb 2018 | Hdfc Bank Limited | ₹2.20 Cr | Satisfied |
| 27 Jan 2016 | Hdfc Bank Limited | ₹2.40 Cr | 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.
