Best Machinetools Private Limited
Imports, exports, and distributes machinery, equipment, tools, and spare parts.
2022 | Kannur, Kerala (India) | Active
Best Machinetools Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
- Paid Up Capital ₹ 0.10 M
- Company Age 3 Year, 15 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.75 Cr
- Revenue Growth 566432.09%
- Profit Growth 2768.84%
- Ebitda 8815.38%
- Net Worth 921.69%
- Total Assets 16921.60%
About Best Machinetools
Best Machinetools Private Limited (BMPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 February 2022 (Three years 15 days old ). Its registered office is in Kannur, Kerala, India.
The Company is engaged in the Machinery And Equipment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹1.75 Cr.
Pradeep Kaitheriedathil and Akshay Veedu serve as directors at the Company.
Company Details
- Location
Kannur, Kerala, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U52399KL2022PTC074202
- Company No.
074202
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Feb 2022
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ernakulam
Industry
Machinery and Equipment
Who are the key members and board of directors at Best Machinetools?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Akshay Veedu  | Managing Director | 23-Feb-2022 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Pradeep Kaitheriedathil | Director | 23-Feb-2022 | Current |
Financial Performance of Best Machinetools.
Best Machinetools Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 566432.09% increase. The company also saw a substantial improvement in profitability, with a 2768.84% increase in profit. The company's net worth Soared by an impressive increase of 921.69%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Best Machinetools?
In 2023, Best Machinetools had a public holding of 30.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Jyothis Properties Private Limited
Pradeep Kaitheriedathil is a mutual person
- Jyothis Associates Private Limited
Pradeep Kaitheriedathil is a mutual person
- Jyothis Enterprises Private Limited
Pradeep Kaitheriedathil and Akshay Veedu are mutual person
- Air Bee Ventures Private Limited
Pradeep Kaitheriedathil is a mutual person
Charges (Loans)
Open Charges
₹17.50 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Canara Bank : 1.45 Cr
- Hdfc Bank Limited : 0.30 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Mar 2024 | Hdfc Bank Limited | ₹3.00 M | Open |
| 31 Jan 2024 | Canara Bank | ₹1.45 Cr | Open |
How Many Employees Work at Best Machinetools?
Unlock and access historical data on people associated with Best Machinetools, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Best Machinetools, 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 Machinetools'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 Machinetools
Recent activity within the organization
- Charges
A charge with Canara Bank of Rs. 14.50 M registered on 31 Jan 2024 with Charge ID 100862740 was modified on 31 Jul 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 3.00 M with Charge ID 100930607 was registered on 26 Mar 2024.
- Charges
A charge with Canara Bank amounted to Rs. 14.50 M with Charge ID 100862740 was registered on 31 Jan 2024.
- Annual General Meeting
Best Machinetools Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Best Machinetools Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.
- Director Appointment
Pradeep Keloth Kaitheriedathil was appointed as a Director was appointed as a Director on 23 Feb 2022 & has been associated with this company since 3 years 15 days .
Frequently asked questions
What is the Incorporation or founding date of Best Machinetools Private Limited?
Best Machinetools Private Limited was incorporated on 23 Feb 2022.
What is authorized share capital and paid-up capital of Best Machinetools Private Limited?
The authorized share capital of Best Machinetools Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Best Machinetools Private Limited?
Currently 2 directors are associated with Best Machinetools Private Limited.
- Pradeep Keloth Kaitheriedathil
- Akshay Thazhe Veedu
What is the registered address of Best Machinetools Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Best Machinetools Private Limited is 46/2658 Best Arena Nr Sannidhanam Tourist Home, South Bazar India, Kannur, Kerala, 670002.
What is the corporate identification number (CIN) and company number of Best Machinetools Private Limited?
The corporate identification number (CIN) of Best Machinetools Private Limited is U52399KL2022PTC074202 and the company number is 074202 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Best Machinetools Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Best Machinetools Private Limited has risen by 566432.09%.
What change has been observed in the net worth of Best Machinetools Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Best Machinetools Private Limited has experienced an upsurge of 921.69%.
What are the total open charges for Best Machinetools Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Best Machinetools Private Limited amount to ₹ 1.75 Cr.
When was the last Balance Sheet of Best Machinetools Private Limited filed with the ROC?
The most recent Balance Sheet for Best Machinetools Private Limited was filed with the ROC on 31 Mar 2023.