Better Value Restaurants Private Limited

Franchise business selling ice cream and operating restaurants, fast food outlets, and catering services.

2007 | Mumbai, Maharashtra (India) | Active
Last Updated: December 14, 2024

Better Value Restaurants Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 17 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.50 Cr
  • Satisfied Charges ₹ 119.55 Cr
  • Revenue Growth 8.60%
  • Profit Growth -68.91%
  • Ebitda -44.16%
  • Net Worth 3.35%
  • Total Assets 4.64%

About Better Value Restaurants

Better Value Restaurants Private Limited (BVRPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 June 2007 and has a history of 17 years and seven months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Food And Beverages 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 2.50 M and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹2.50 Cr. The company has closed loans amounting to ₹119.55 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sharad Thakur, Anjali Gawande, and Apurva Gawande serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U55100MH2007PTC171499

  • Company No.

    171499

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Jun 2007

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Food and Beverages

Who are the key members and board of directors at Better Value Restaurants?

Board Members (3)

Name Designation Appointment Date Status
Apurva Gawande Country flag representing In Additional Director 24-Aug-2021 Current
Sharad Thakur Country flag representing In Director 28-Apr-2014 Current
Anjali Gawande Country flag representing In Director 11-May-2021 Current

Financial Performance of Better Value Restaurants.

Better Value Restaurants Private Limited, for the financial year ended 2020, experienced modest growth in revenue, with a 8.6% increase. The company also saw a substantial fall in profitability, with a 68.91% decrease in profit. The company's net worth moved up by a moderate rise of 3.35%.

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
8.60%
Revenue from Operations
10.79%
Total Assets
4.64%
Profit or Loss
-68.91%
Net Worth
3.35%
EBITDA
-44.16%

What is the Ownership and Shareholding Structure of Better Value Restaurants?

In 2019, Better Value Restaurants had a promoter holding of 34.36% and a public holding of 65.64%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹25.00 M

Satisfied Charges

₹1,195.46 M

Charges Breakdown by Lending Institutions

  • Others : 2.50 Cr

Latest Charge Details

Date Lender Amount Status
16 Mar 2020 Others ₹2.50 Cr Open
29 Jul 2019 Others ₹15.00 Cr Satisfied
21 Feb 2018 Others ₹100.00 Cr Satisfied
21 Jun 2014 Axis Bank Limited ₹1.46 M Satisfied
14 Dec 2010 The Ratnakar Bank Limited ₹3.40 Cr Satisfied

How Many Employees Work at Better Value Restaurants?

Unlock and access historical data on people associated with Better Value Restaurants, 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 Value Restaurants, 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 Value Restaurants'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 Value Restaurants

Recent activity within the organization

  • Annual General Meeting

    Better Value Restaurants Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Better Value Restaurants Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Apurva Nitin Gawande was appointed as a Additional Director was appointed as a Additional Director on 24 Aug 2021 & has been associated with this company since 3 years 5 months .

    24 Aug 2021

  • Director Appointment

    Anjali Nitin Gawande was appointed as a Director was appointed as a Director on 11 May 2021 & has been associated with this company since 3 years 8 months .

    11 May 2021

  • Charges

    A charge with Others amounted to Rs. 25.00 M with Charge ID 100347481 was registered on 16 Mar 2020.

    16 Mar 2020

  • Charges

    A charge registered on 21 Feb 2018 via Charge ID 100159870 with Others was fully satisfied on 29 Jan 2020.

    29 Jan 2020

Frequently asked questions

  • Better Value Restaurants Private Limited was incorporated on 09 Jun 2007.

  • The authorized share capital of Better Value Restaurants Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Currently 3 directors are associated with Better Value Restaurants Private Limited.

    • Sharad Maruti Thakur
    • Anjali Nitin Gawande
    • Apurva Nitin Gawande
  • As per Ministry of Corporate Affairs (Mca), the registered address of Better Value Restaurants Private Limited is Plot:- D Flat:- 32 Floor:-3 Wing:- Textila Chsl Bombay Dyeing Twin Tower Prabhadevi, India, Mumbai, Maharashtra, 400025.

  • The corporate identification number (CIN) of Better Value Restaurants Private Limited is U55100MH2007PTC171499 and the company number is 171499 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Better Value Restaurants Private Limited has risen by 8.60%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Better Value Restaurants Private Limited has experienced an upsurge of 3.35%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Better Value Restaurants Private Limited amount to ₹ 2.50 Cr.

  • The most recent Balance Sheet for Better Value Restaurants Private Limited was filed with the ROC on 31 Mar 2024.

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