Bestway Agencies Private Limited

Manufactures, trades, and exports battery-operated rickshaws and spare parts.

2004 | Delhi (India) | Active
Last Updated:

Bestway Agencies Profile

Key Indicators

  • Authorised Capital ₹ 2.60 M
  • Paid Up Capital ₹ 0.15 M
  • Company Age 21 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 10.00 Cr
  • Satisfied Charges ₹ 5.50 Cr
  • Revenue Growth -27.95%
  • Profit Growth -79.44%
  • Ebitda -221.40%
  • Net Worth -56.44%
  • Total Assets -28.85%

About Bestway Agencies

Bestway Agencies Private Limited (BAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 January 2004 and has a history of 21 years and two months. Its registered office is in Delhi, India.

The Company is engaged in the Automotive 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 2.60 M and a paid-up capital of Rs 0.15 M.

The company currently has active open charges totaling ₹10.00 Cr. The company has closed loans amounting to ₹5.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kunnakavil Kesavannair, Mohammad Khan, and Naveen Sharma serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51909DL2004PTC124090

  • Company No.

    124090

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Jan 2004

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Automotive

What products or services does Bestway Agencies Private Limited offer?

Bestway Agencies Private Limited offers a wide range of products and services, including E Vehicles, Electric Three Wheeler, Parts and Kits.

Company report

Bestway Agencies Private Limited

Explore comprehensive data for Bestway Agencies Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Bestway Agencies?

Board Members (3)

NameDesignationAppointment DateStatus
Kunnakavil Kesavannair Country flag representing In Nominee Director 02-May-2024Current
Mohammad Khan Country flag representing Ae Director 03-Aug-2022Current
Naveen Sharma Country flag representing In Whole-Time Director Current

Financial Performance of Bestway Agencies.

Bestway Agencies Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 27.95% decrease. The company also saw a substantial fall in profitability, with a 79.44% decrease in profit. The company's net worth observed a substantial decline by a decrease of 56.44%.

Bestway Agencies revenue growth over time
Bestway Agencies profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-27.95%
Revenue from Operations
-28.45%
Total Assets
-28.85%
Profit or Loss
-79.44%
Net Worth
-56.44%
EBITDA
-221.40%

What is the Ownership and Shareholding Structure of Bestway Agencies?

In 2023, Bestway Agencies had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹100.00 M

Satisfied Charges

₹55.00 M

Charges Breakdown by Lending Institutions

  • Others : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
28 Feb 2022Others₹10.00 CrOpen
13 Jun 2019Others₹5.50 CrSatisfied

How Many Employees Work at Bestway Agencies?

Bestway Agencies has a workforce of 2 employees as of Apr 09, 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 growth trends for Bestway Agencies Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bestway Agencies, 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 Bestway Agencies's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Bestway Agencies

Recent activity within the organization

  • Annual General Meeting

    Bestway Agencies Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Director Appointment

    Kunnakavil Vijayakumar Kesavannair was appointed as a Nominee Director was appointed as a Nominee Director on 02 May 2024 & has been associated with this company since 11 months 12 days .

  • Balance Sheet

    Bestway Agencies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Director Appointment

    Mohammad Arshi Abrar Khan was appointed as a Director was appointed as a Director on 03 Aug 2022 & has been associated with this company since 2 years 8 months .

  • Charges

    A charge registered on 13 Jun 2019 via Charge ID 100268999 with Others was fully satisfied on 21 Mar 2022.

  • Charges

    A charge with Others amounted to Rs. 100.00 M with Charge ID 100562074 was registered on 28 Feb 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Bestway Agencies Private Limited?

    Bestway Agencies Private Limited was incorporated on 15 Jan 2004.

  • What is authorized share capital and paid-up capital of Bestway Agencies Private Limited?

    The authorized share capital of Bestway Agencies Private Limited is ₹ 2.60 M and paid-up capital is ₹ 0.15 M.

  • Who are the current board members & directors of Bestway Agencies Private Limited?

    Currently 3 directors are associated with Bestway Agencies Private Limited.

    • Kunnakavil Vijayakumar Kesavannair
    • Mohammad Arshi Abrar Khan
    • Naveen Sharma

  • What is the registered address of Bestway Agencies Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Bestway Agencies Private Limited is Unit 3 11 12 Somdutt Chamber-1 Lg-5 Bhikaji Cama Place, Africa Avenue India, New Delhi, 110066.

  • What is the corporate identification number (CIN) and company number of Bestway Agencies Private Limited?

    The corporate identification number (CIN) of Bestway Agencies Private Limited is U51909DL2004PTC124090 and the company number is 124090 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Bestway Agencies Private Limited?

    The Official website of Bestway Agencies Private Limited is https://www.elemotors.com

  • What has been the recent revenue trend for Bestway Agencies Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Bestway Agencies Private Limited has fallen by -27.95%.

  • How many employees does Bestway Agencies Private Limited currently have?

    As Per 2023 financial reports, 2 employees are currently employed by Bestway Agencies Private Limited.

  • What change has been observed in the net worth of Bestway Agencies Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Bestway Agencies Private Limited has experienced an downturn of -56.44%.

  • What are the total open charges for Bestway Agencies Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Bestway Agencies Private Limited amount to ₹ 10.00 Cr.

  • When was the last Balance Sheet of Bestway Agencies Private Limited filed with the ROC?

    The most recent Balance Sheet for Bestway Agencies Private Limited was filed with the ROC on 31 Mar 2024.

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