Betts India Private Limited

Manufactures plastic laminated tubes and packaging materials, established in 1994 in Goa.

1994 | Goa, Goa (India) | Active
Last Updated: July 07, 2024

Betts India Profile

Key Indicators

  • Authorised Capital ₹ 200.01 Cr
  • Paid Up Capital ₹ 48.37 Cr
  • Company Age 30 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 18.00 Cr
  • Satisfied Charges ₹ 98.50 Cr
  • Revenue Growth 31.01%
  • Profit Growth 1214.59%
  • Ebitda 5.96%
  • Net Worth 22.50%
  • Total Assets 0.16%

About Betts India

Betts India Private Limited (BIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 October 1994 and has a history of 30 years and three months. Its registered office is in Goa, Goa, India.

The Corporate was formerly known as Betts India Limited. The Company is engaged in the Packaging 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 200.01 Cr and a paid-up capital of Rs 48.37 Cr.

The company currently has active open charges totaling ₹18.00 Cr. The company has closed loans amounting to ₹98.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Betts India Private Limited India is Nikhil Asukar as COMPANY SECRETARY. Maya Dias, Lester Pinto, Kamal Agarwal, and One other member serve as directors at the Company.

Company Details

  • Location

    Goa, Goa, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    albea-group.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74950GA1994PTC002717

  • Company No.

    002717

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Oct 1994

  • Date of AGM

    22 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Goa

Industry

Packaging

Who are the key members and board of directors at Betts India?

Executive Team (2)

NameDesignationAppointment DateStatus
Lester Pinto Country flag representing In Managing Director02-Apr-2002Current
Nikhil Asukar Country flag representing In Company Secretary03-Jan-2020Current

Board Members (3)

NameDesignationAppointment DateStatus
Maya Dias Country flag representing In Director 03-Mar-2015Current
Kamal Agarwal Country flag representing In Director 24-Nov-2021Current
Jean Mergui Country flag representing Il Director Current

Financial Performance of Betts India.

Betts India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 31.01% increase. The company also saw a substantial improvement in profitability, with a 1214.59% increase in profit. The company's net worth Soared by an impressive increase of 22.5%.

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
31.01%
Revenue from Operations
21.43%
Total Assets
0.16%
Profit or Loss
1214.59%
Net Worth
22.50%
EBITDA
5.96%

What is the Ownership and Shareholding Structure of Betts India?

In 2023, Betts India had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹18.00 Cr

Satisfied Charges

₹98.50 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 18.00 Cr

Latest Charge Details

DateLenderAmountStatus
15 Nov 2001Hdfc Bank Limited₹18.00 CrOpen
22 Apr 2022Standard Chartered Bank₹16.50 CrSatisfied
27 Nov 2019Hdfc Bank Limited₹12.00 CrSatisfied
14 Oct 2016Others₹25.00 CrSatisfied
23 Dec 2014Hdfc Bank Limited₹5.00 CrSatisfied

How Many Employees Work at Betts India?

Betts India has a workforce of 182 employees as of Apr 01, 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 Betts 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 Betts 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 Betts India

Recent activity within the organization

  • Annual General Meeting

    Betts India Private Limited last Annual general meeting of members was held on 22 Dec 2023 as per latest MCA records.

    22 Dec 2023

  • Charges

    A charge registered on 27 Nov 2019 via Charge ID 100308916 with Hdfc Bank Limited was fully satisfied on 21 Jun 2023.

    21 Jun 2023

  • Balance Sheet

    Betts India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Goa.

    31 Mar 2023

  • Charges

    A charge registered on 22 Apr 2022 via Charge ID 100568328 with Standard Chartered Bank was fully satisfied on 06 Jan 2023.

    06 Jan 2023

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 16.50 Cr with Charge ID 100568328 was registered on 22 Apr 2022.

    22 Apr 2022

  • Charges

    A charge registered on 14 Oct 2016 via Charge ID 100081148 with Others was fully satisfied on 14 Mar 2022.

    14 Mar 2022

Frequently asked questions

  • Betts India Private Limited was incorporated on 27 Oct 1994.

  • The authorized share capital of Betts India Private Limited is ₹ 200.01 Cr and paid-up capital is ₹ 48.37 Cr.

  • Currently 5 directors are associated with Betts India Private Limited.

    • Maya Bruni Dias
    • Lester Pinto
    • Kamal Kumar Agarwal
    • Nikhil Ramchandra Asukar
    • Jean Michel Mark Mergui
  • As per Ministry of Corporate Affairs (Mca), the registered address of Betts India Private Limited is L-78Verna Electronic City Verna Salcete, Goa, India, 403722.

  • The corporate identification number (CIN) of Betts India Private Limited is U74950GA1994PTC002717 and the company number is 002717 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Betts India Private Limited is https://www.albea-group.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Betts India Private Limited has risen by 31.01%.

  • As Per 2023 financial reports, 182 employees are currently employed by Betts India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Betts India Private Limited has experienced an upsurge of 22.50%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Betts India Private Limited amount to ₹ 18.00 Cr.

  • The most recent Balance Sheet for Betts India Private Limited was filed with the ROC on 31 Mar 2023.

Similar Companies Based on Pharmaceutical Packaging Solutions