Bestways Transport (India) Pvt Ltd

Transportation and cargo handling services for goods and passengers.

1983 | Faridabad Haryana, Haryana (India) | Under Insolvency
Last Updated: January 17, 2025

Bestways Transport (India) Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 6.44 M
  • Company Age 41 Year, 2 Months
  • Last Filing with ROC 31 Mar 2020
  • Open Charges ₹ 7.56 M
  • Satisfied Charges ₹ 7.30 Cr
  • Revenue Growth -7.72%
  • Profit Growth 78.19%
  • Ebitda 16.16%
  • Net Worth -90.78%
  • Total Assets -6.80%

About Bestways Transport (India)

Bestways Transport (India) Pvt Ltd (BTIPL) is Under Cirp company established on 16 Nov 1983 with its office registered at and has been running since 41 Year, 2 Months with a paid up capital of 6.44 M. According to MCA records, 2 Directors are linked to this company as of 17 Jan 2025.

Company Details

  • Location
    Faridabad Haryana, Haryana
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U63090HR1983PTC016952

  • Company No.

    016952

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Nov 1983

  • Date of AGM

    30 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Transport and Logistics

What products or services does Bestways Transport (India) Pvt Ltd offer?

Bestways Transport (India) Pvt Ltd offers a wide range of products and services, including Transport Agents & Bulk Carriers, Goods Transport Services.

Who are the key members and board of directors at Bestways Transport (India)?

Board Members (2)

Name Designation Appointment Date Status
Mohit Malhotra Country flag representing In Director 25-Apr-2019 Current
Nirmal Malhotra Country flag representing In Director 16-Jan-2015 Current

Financial Performance of Bestways Transport (India).

Bestways Transport (India) Pvt Ltd, for the financial year ended 2016, experienced Minor drop in revenue, with a 7.72% decrease. The company also saw a substantial improvement in profitability, with a 78.19% increase in profit. The company's net worth observed a substantial decline by a decrease of 90.78%.

Graph illustrating revenue growth over time
Graph showing 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
-7.72%
Revenue from Operations
-2.99%
Total Assets
-6.80%
Profit or Loss
78.19%
Net Worth
-90.78%
EBITDA
16.16%

What is the Ownership and Shareholding Structure of Bestways Transport (India)?

In 2017, Bestways Transport (India) had a promoter holding of 84.44% and a public holding of 15.56%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.76 Cr

Satisfied Charges

₹7.30 Cr

Charges Breakdown by Lending Institutions

  • : 0.52 Cr
  • Ge Capital Transportation Financial Services Ltd : 0.23 Cr

Latest Charge Details

Date Lender Amount Status
31 Mar 2006 ₹5.23 M Open
21 Jun 2005 Ge Capital Transportation Financial Services Ltd ₹2.33 M Open
30 Oct 2006 Corporation Bank ₹9.70 M Satisfied
24 Dec 2005 Corporation Bank ₹6.28 Cr Satisfied
18 Oct 1993 Punjab & Sind Bank ₹0.45 M Satisfied

How Many Employees Work at Bestways Transport (India)?

Bestways Transport (India) has a workforce of 0 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bestways Transport (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 Bestways Transport (India)'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 Bestways Transport (India)

Recent activity within the organization

  • Annual General Meeting

    Bestways Transport (India) Pvt Ltd last Annual general meeting of members was held on 30 Dec 2020 as per latest MCA records.

    30 Dec 2020

  • Balance Sheet

    Bestways Transport (India) Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Delhi.

    31 Mar 2020

  • Charges

    A charge registered on 30 Oct 2006 via Charge ID 10028218 with Corporation Bank was fully satisfied on 31 Jul 2019.

    31 Jul 2019

  • Charges

    A charge registered on 24 Dec 2005 via Charge ID 80018236 with Corporation Bank was fully satisfied on 31 Jul 2019.

    31 Jul 2019

  • Director Appointment

    Mohit Malhotra was appointed as a Director was appointed as a Director on 25 Apr 2019 & has been associated with this company since 5 years 9 months .

    25 Apr 2019

  • Director Appointment

    Nirmal Malhotra was appointed as a Director was appointed as a Director on 16 Jan 2015 & has been associated with this company since 10 years 25 days .

    16 Jan 2015

Frequently asked questions

  • Bestways Transport (India) Pvt Ltd was incorporated on 16 Nov 1983.

  • The authorized share capital of Bestways Transport (India) Pvt Ltd is ₹ 1.00 Cr and paid-up capital is ₹ 6.44 M.

  • Currently 2 directors are associated with Bestways Transport (India) Pvt Ltd.

    • Mohit Malhotra
    • Nirmal Malhotra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bestways Transport (India) Pvt Ltd is 5 Nh/87Nit India, Faridabad Haryana.

  • The corporate identification number (CIN) of Bestways Transport (India) Pvt Ltd is U63090HR1983PTC016952 and the company number is 016952 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2016, the revenue trend for Bestways Transport (India) Pvt Ltd has fallen by -7.72%.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Bestways Transport (India) Pvt Ltd has experienced an downturn of -90.78%.

  • As per the financial statements for fiscal Year 2016, The total open charges for Bestways Transport (India) Pvt Ltd amount to ₹ 7.56 M.

  • The most recent Balance Sheet for Bestways Transport (India) Pvt Ltd was filed with the ROC on 31 Mar 2020.

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