Bestway Agencies Profile
Key Indicators
- Authorised Capital ₹ 2.60 M
as on 16-11-2024
- Paid Up Capital ₹ 0.15 M
as on 16-11-2024
- Company Age 20 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 10.00 Cr
as on 16-11-2024
- Satisfied Charges ₹ 5.50 Cr
as on 16-11-2024
- Revenue -27.95%
(FY 2023)
- Profit -79.44%
(FY 2023)
- Ebitda -221.40%
(FY 2023)
- Net Worth -56.44%
(FY 2023)
- Total Assets -28.85%
(FY 2023)
About Bestway Agencies
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.
- 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
Company Details
- Location
Delhi, India
- Telephone
- Email Address
- Website
- Social Media-
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.
Who are the key members and board of directors at Bestway Agencies?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kunnakavil Kesavannair  | Nominee Director | 02-May-2024 | Current |
Mohammad Khan  | Director | 03-Aug-2022 | Current |
| Naveen Sharma | Whole-Time Director | Current |
Financial Performance and Corporate Structure Insights 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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.
Related Corporates (Common Directorship)
Greaves Electric Mobility Private LimitedActive 16 years 6 monthsKunnakavil Kesavannair and Mohammad Khan are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 28 Feb 2022 | ₹10.00 Cr | Open |
Others Creation Date: 13 Jun 2019 | ₹5.50 Cr | Satisfied |
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.
Deals i
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
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.
