Best It World (India) Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.11 Cr
- Company Age 28 Year, 3 Months
- Last Filing with ROC 31 Mar 2021
- Open Charges ₹ 254.00 Cr
- Satisfied Charges ₹ 288.31 Cr
- Revenue Growth -72.03%
- Profit Growth -76.32%
- Ebitda 51.51%
- Net Worth -664.17%
- Total Assets -71.83%
About Best It World (India)
Best It World (India) Private Limited (BIWIPL) is Under Cirp company established on 17 Dec 1996 with its office registered at Mumbai, Maharashtra, India and has been running since 28 Year, 3 Months with a paid up capital of 1.11 Cr. According to MCA records, 3 Directors are linked to this company as of 18 Jan 2025.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U30000MH1996PTC104553
- Company No.
104553
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Dec 1996
- Date of AGM
23 Jul 2021
- Date of Balance Sheet
31 Mar 2021
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Consumer Electronics & Durables
Information Technology
What products or services does Best It World (India) Private Limited offer?
Best It World (India) Private Limited offers a wide range of products and services, including Router, Cables & Networking Devices, DSL Router, Speakers,Earphones and Accessories, Wireless Speaker, Office Automation Products & Devices, Projector Parts & Peripherals, Computer Hardware & Peripherals, Computer Cabinets, Mobile Phone & Accessories, Mobile Tablet.
Who are the key members and board of directors at Best It World (India)?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anil Jagdish  | Director | 17-Dec-1996 | Current |
| Sunil Kedia | Director | 10-May-2000 | Current |
| Rakesh Shah | Director | 21-May-1998 | Current |
Financial Performance of Best It World (India).
Best It World (India) Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 72.03% decrease. The company also saw a substantial fall in profitability, with a 76.32% decrease in profit. The company's net worth observed a substantial decline by a decrease of 664.17%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Best It World (India)?
In 2021, Best It World (India) had a promoter holding of 47.61% and a public holding of 52.39%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹254.00 Cr
Satisfied Charges
₹288.31 Cr
Charges Breakdown by Lending Institutions
- Idbi Bank Limited : 254.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Jan 2013 | Idbi Bank Limited | ₹254.00 Cr | Open |
| 07 Nov 2015 | The Cosmos Co- Operative Bank Ltd | ₹3.00 Cr | Satisfied |
| 18 Dec 2014 | The Cosmos Co- Operative Bank Ltd | ₹1.50 Cr | Satisfied |
| 01 Oct 2014 | The Ratnakar Bank Limited | ₹25.00 Cr | Satisfied |
| 26 Sep 2014 | Idbi Bank Limited | ₹20.00 Cr | Satisfied |
How Many Employees Work at Best It World (India)?
Best It World (India) has a workforce of 103 employees as of Mar 31, 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 It World (India), 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 It World (India)'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.
Latest Updates, News, and FAQs on Best It World (India)
Recent activity within the organization
- Charges
A charge registered on 30 Mar 2013 via Charge ID 10414303 with Small Industries Development Bank Of India was fully satisfied on 24 Dec 2021.
- Annual General Meeting
Best It World (India) Private Limited last Annual general meeting of members was held on 23 Jul 2021 as per latest MCA records.
- Balance Sheet
Best It World (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai.
- Charges
A charge registered on 07 Nov 2015 via Charge ID 10604943 with The Cosmos Co- Operative Bank Ltd was fully satisfied on 02 Mar 2016.
- Charges
A charge with The Cosmos Co- Operative Bank Ltd amounted to Rs. 3.00 Cr with Charge ID 10604943 was registered on 07 Nov 2015.
- Charges
A charge registered on 18 Dec 2014 via Charge ID 10539945 with The Cosmos Co- Operative Bank Ltd was fully satisfied on 27 May 2015.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Best It World (India) Private Limited?
Best It World (India) Private Limited was incorporated on 17 Dec 1996.
What is authorized share capital and paid-up capital of Best It World (India) Private Limited?
The authorized share capital of Best It World (India) Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.11 Cr.
Who are the current board members & directors of Best It World (India) Private Limited?
Currently 3 directors are associated with Best It World (India) Private Limited.
- Anil Parasrampuria Jagdish
- Sunil Babulal Kedia
- Rakesh Yogeshkumar Shah
What is the registered address of Best It World (India) Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Best It World (India) Private Limited is 87 Mistry Industrial Complex Midc Cross Road 'A' Andheri, India, Mumbai, Maharashtra, 400093.
What is the corporate identification number (CIN) and company number of Best It World (India) Private Limited?
The corporate identification number (CIN) of Best It World (India) Private Limited is U30000MH1996PTC104553 and the company number is 104553 as per Ministry of Corporate Affairs (MCA).
What is the official website of Best It World (India) Private Limited?
The Official website of Best It World (India) Private Limited is https://www.iball.co.in
What has been the recent revenue trend for Best It World (India) Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Best It World (India) Private Limited has fallen by -72.03%.
How many employees does Best It World (India) Private Limited currently have?
As Per 2021 financial reports, 103 employees are currently employed by Best It World (India) Private Limited.
What change has been observed in the net worth of Best It World (India) Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Best It World (India) Private Limited has experienced an downturn of -664.17%.
What are the total open charges for Best It World (India) Private Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Best It World (India) Private Limited amount to ₹ 254.00 Cr.
When was the last Balance Sheet of Best It World (India) Private Limited filed with the ROC?
The most recent Balance Sheet for Best It World (India) Private Limited was filed with the ROC on 31 Mar 2021.
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