Better Building Products Private Limited

Distributor of cement and other building materials to developers, institutions, and retailers since 1988.

1988 | Mumbai, Maharashtra (India) | Active
Last Updated: July 30, 2024

Better Building Products Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.90 M
  • Company Age 36 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 30.00 Cr
  • Satisfied Charges ₹ 14.50 Cr
  • Revenue Growth -17.42%
  • Profit Growth -13.19%
  • Ebitda -90.10%
  • Net Worth 5.09%
  • Total Assets -23.00%

About Better Building Products

Better Building Products Private Limited (BBPPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 December 1988 and has a history of 36 years and one month. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Metals And Minerals 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 1.00 M and a paid-up capital of Rs 0.90 M.

The company currently has active open charges totaling ₹30.00 Cr. The company has closed loans amounting to ₹14.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sangeeta Narang, Gopal Narang, Soham Narang, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51432MH1988PTC049995

  • Company No.

    049995

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Dec 1988

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

Who are the key members and board of directors at Better Building Products?

Board Members (4)

NameDesignationAppointment DateStatus
Soham Narang Country flag representing In Director 03-Jan-2011Current
Gopal Narang Country flag representing In Director 12-Dec-1988Current
Advait Narang Country flag representing In Director 21-Nov-2012Current
Sangeeta Narang Country flag representing In Director 12-Dec-1988Current

Financial Performance of Better Building Products.

Better Building Products Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 17.42% decrease. The company also saw a substantial fall in profitability, with a 13.19% decrease in profit. The company's net worth moved up by a moderate rise of 5.09%.

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
-17.42%
Revenue from Operations
-34.57%
Total Assets
-23.00%
Profit or Loss
-13.19%
Net Worth
5.09%
EBITDA
-90.10%

What is the Ownership and Shareholding Structure of Better Building Products?

In 2023, Better Building Products 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

₹300.00 M

Satisfied Charges

₹145.00 M

Charges Breakdown by Lending Institutions

  • Others : 30.00 Cr

Latest Charge Details

DateLenderAmountStatus
28 Mar 2024Others₹30.00 CrOpen
09 Feb 2010Others₹12.50 CrSatisfied
09 Dec 2004The Hongkong And Sanghai Banking Corpn. Ltd.₹2.00 CrSatisfied

How Many Employees Work at Better Building Products?

Unlock and access historical data on people associated with Better Building Products, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Better Building Products, 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 Better Building Products'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 Better Building Products

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 300.00 M with Charge ID 100917732 was registered on 28 Mar 2024.

    28 Mar 2024

  • Annual General Meeting

    Better Building Products Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Better Building Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 09 Feb 2010 via Charge ID 10198464 with Others was fully satisfied on 20 Jun 2022.

    20 Jun 2022

  • Charges

    A charge with Others of Rs. 125.00 M registered on 09 Feb 2010 with Charge ID 10198464 was modified on 23 Mar 2018.

    23 Mar 2018

  • Director Appointment

    Advait Gopal Narang was appointed as a Director was appointed as a Director on 21 Nov 2012 & has been associated with this company since 12 years 2 months .

    21 Nov 2012

Frequently asked questions

  • Better Building Products Private Limited was incorporated on 12 Dec 1988.

  • The authorized share capital of Better Building Products Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.90 M.

  • Currently 4 directors are associated with Better Building Products Private Limited.

    • Sangeeta Gopal Narang
    • Gopal Madhawdas Narang
    • Soham Gopal Narang
    • Advait Gopal Narang
  • As per Ministry of Corporate Affairs (Mca), the registered address of Better Building Products Private Limited is Windsor 1St Floor Cst Road Kalina Santacruz (East), Mumbai, Maharashtra, India, 400098.

  • The corporate identification number (CIN) of Better Building Products Private Limited is U51432MH1988PTC049995 and the company number is 049995 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Better Building Products Private Limited is https://www.bettercement.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Better Building Products Private Limited has fallen by -17.42%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Better Building Products Private Limited has experienced an upsurge of 5.09%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Better Building Products Private Limited amount to ₹ 30.00 Cr.

  • The most recent Balance Sheet for Better Building Products Private Limited was filed with the ROC on 31 Mar 2023.