Best It World (India) Private Limited logo

Best It World (India) Private Limited

Distributes and markets computer hardware, peripherals, and tablets under 'iBall' brand.
1996 | Mumbai, Maharashtra (India) | Under Insolvency

Last Updated:

July 07, 2024
HomeCompanyBest It World (India) Private Limited

Who are the key members and board of directors at Best It World (India)?

Board Members(3)

NameDesignationAppointment DateStatus
Anil Jagdish In Director 17-Dec-1996Current
Sunil Kedia In Director 10-May-2000Current
Rakesh Shah In Director 21-May-1998Current

Financial Performance and Corporate Structure Insights 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%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-72.03%
Revenue from Operations
-72.14%
Total Assets
-71.83%
Profit or Loss
-76.32%
Net Worth
-664.17%
EBITDA
51.51%

Charges (Loans)

Open Charges Satisfied Charges

₹254.00 Cr

₹288.31 Cr

LenderAmountStatus

Idbi Bank Limited

Creation Date: 12 Jan 2013
₹254.00 CrOpen

The Cosmos Co- Operative Bank Ltd

Creation Date: 07 Nov 2015
₹3.00 CrSatisfied

The Cosmos Co- Operative Bank Ltd

Creation Date: 18 Dec 2014
₹1.50 CrSatisfied

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.

Employee Graph

Deals i

Rating

Alerts

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.

    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.

    23 Jul 2021

  • Balance Sheet

    Best It World (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai.

    31 Mar 2021

  • 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.

    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.

    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.

    27 May 2015

Recent News, Updates & Announcement

Frequently asked questions

  • Best It World (India) Private Limited was incorporated on 17 Dec 1996.

  • The authorized share capital of Best It World (India) Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.11 Cr.

  • Currently 3 directors are associated with Best It World (India) Private Limited.

    • Anil Parasrampuria Jagdish
    • Sunil Babulal Kedia
    • Rakesh Yogeshkumar Shah
  • 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, Mumbai, Maharashtra, India, 400093.

  • 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).

  • The Official website of Best It World (India) Private Limited is https://www.iball.co.in

  • 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%.

  • As Per 2021 financial reports, 103 employees are currently employed by Best It World (India) Private Limited.

  • 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%.

  • 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.

  • 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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