Bhagat Cars Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 0.10 M
- Company Age 15 Year, 11 Months
- Last Filing with ROC 31 Mar 2020
- Open Charges ₹ 1.30 Cr
- Satisfied Charges ₹ 30.55 Cr
- Revenue Growth -3.00%
- Profit Growth 103.49%
- Ebitda 305.14%
- Net Worth 1.02%
- Total Assets -6.33%
About Bhagat Cars
Bhagat Cars Private Limited (BCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 March 2009 and has a history of 15 years and 11 months. Its registered office is in Patiala, Punjab, India.
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 2020. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹1.30 Cr. The company has closed loans amounting to ₹30.55 Cr, as per Ministry of Corporate Affairs (MCA) records.
Bhupinder Kaur and Raj Singh serve as directors at the Company.
Company Details
- Location
Patiala, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U50404PB2009PTC032680
- Company No.
032680
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Mar 2009
- Date of AGM
31 Dec 2020
- Date of Balance Sheet
31 Mar 2020
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Automotive
Who are the key members and board of directors at Bhagat Cars?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bhupinder Kaur  | Director | 16-Mar-2009 | Current |
| Raj Singh | Director | 16-Mar-2009 | Current |
Financial Performance of Bhagat Cars.
Bhagat Cars Private Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 3% decrease. The company also saw a substantial improvement in profitability, with a 103.49% increase in profit. The company's net worth moved up by a moderate rise of 1.02%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (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 Bhagat Cars?
In 2020, Bhagat Cars 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)
Bhagat Automotive Private LimitedBhupinder Kaur and Raj Singh are mutual person
A.B.Motors Private LimitedBhupinder Kaur and Raj Singh are mutual person
- A. B. Carz Private Limited
Bhupinder Kaur and Raj Singh are mutual person
Charges (Loans)
Open Charges
₹1.30 Cr
Satisfied Charges
₹30.55 Cr
Charges Breakdown by Lending Institutions
- Allahabad Bank : 1.30 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Sep 2009 | Allahabad Bank | ₹1.30 Cr | Open |
| 13 Aug 2018 | Others | ₹21.30 Cr | Satisfied |
| 21 Dec 2011 | Kotak Mahindra Prime Limited | ₹3.75 Cr | Satisfied |
| 05 Nov 2010 | Kotak Mahindra Prime Limited | ₹3.00 Cr | Satisfied |
| 25 Jun 2010 | Kotak Mahindra Bank Limited | ₹5.00 M | Satisfied |
How Many Employees Work at Bhagat Cars?
Bhagat Cars has a workforce of 8 employees as of Mar 29, 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 Bhagat Cars, 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 Bhagat Cars'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.
Latest Updates, News, and FAQs on Bhagat Cars
Recent activity within the organization
- Charges
A charge registered on 13 Aug 2018 via Charge ID 100195787 with Others was fully satisfied on 23 Nov 2022.
- Annual General Meeting
Bhagat Cars Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
- Balance Sheet
Bhagat Cars Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Chandigarh.
- Charges
A charge with Others of Rs. 21.30 Cr registered on 13 Aug 2018 with Charge ID 100195787 was modified on 23 May 2019.
- Charges
A charge with Others amounted to Rs. 21.30 Cr with Charge ID 100195787 was registered on 13 Aug 2018.
- Charges
A charge registered on 21 Dec 2011 via Charge ID 10331717 with Kotak Mahindra Prime Limited was fully satisfied on 10 Jul 2018.
Frequently asked questions
What is the Incorporation or founding date of Bhagat Cars Private Limited?
Bhagat Cars Private Limited was incorporated on 16 Mar 2009.
What is authorized share capital and paid-up capital of Bhagat Cars Private Limited?
The authorized share capital of Bhagat Cars Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Bhagat Cars Private Limited?
Currently 2 directors are associated with Bhagat Cars Private Limited.
- Bhupinder Kaur
- Raj Naresh Singh
What is the registered address of Bhagat Cars Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Bhagat Cars Private Limited is C-16 The Industrial Focal Point India, Patiala, Punjab, 147001.
What is the corporate identification number (CIN) and company number of Bhagat Cars Private Limited?
The corporate identification number (CIN) of Bhagat Cars Private Limited is U50404PB2009PTC032680 and the company number is 032680 as per Ministry of Corporate Affairs (MCA).
What is the official website of Bhagat Cars Private Limited?
The Official website of Bhagat Cars Private Limited is https://www.bhagatgroup.com
What has been the recent revenue trend for Bhagat Cars Private Limited?
According to the financial reports for the fiscal year 2020, the revenue trend for Bhagat Cars Private Limited has fallen by -3.00%.
How many employees does Bhagat Cars Private Limited currently have?
As Per 2020 financial reports, 8 employees are currently employed by Bhagat Cars Private Limited.
What change has been observed in the net worth of Bhagat Cars Private Limited, and by what percentage?
The financial reports for the fiscal year 2020 indicates that The net worth of Bhagat Cars Private Limited has experienced an upsurge of 1.02%.
What are the total open charges for Bhagat Cars Private Limited?
As per the financial statements for fiscal Year 2020, The total open charges for Bhagat Cars Private Limited amount to ₹ 1.30 Cr.
When was the last Balance Sheet of Bhagat Cars Private Limited filed with the ROC?
The most recent Balance Sheet for Bhagat Cars Private Limited was filed with the ROC on 31 Mar 2020.