Bhagawati Elite Motors Private Limited

Sells motor vehicles, motorcycles, snowmobiles, and related parts and accessories.

2016 | Bhopal, Madhya Pradesh (India) | Active
Last Updated: October 24, 2024

Bhagawati Elite Motors Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 4.00 Cr
  • Company Age 8 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 57.56 Cr
  • Revenue Growth 46.65%
  • Profit Growth 77.38%
  • Ebitda 23.04%
  • Net Worth 126.64%
  • Total Assets 16.25%

About Bhagawati Elite Motors

Bhagawati Elite Motors Private Limited (BEMPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 October 2016 (Eight years and three months 23 days old ). Its registered office is in Bhopal, Madhya Pradesh, India.

The Corporate was formerly known as Indic Media House Private Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 4.00 Cr and a paid-up capital of Rs 4.00 Cr.

The company currently has active open charges totaling ₹57.56 Cr.

Vikram Singh, Satyaditya Dhakare, Shalini Singh, and One other member serve as directors at the Company.

Company Details

  • Location

    Bhopal, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50100MP2016PTC041666

  • Company No.

    041666

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Oct 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Automotive

Who are the key members and board of directors at Bhagawati Elite Motors?

Board Members (4)

Name Designation Appointment Date Status
Vikram Singh Country flag representing In Director 17-Oct-2016 Current
Satyaditya Dhakare Country flag representing In Director 18-Oct-2024 Current
Shalini Singh Country flag representing In Director 30-Jan-2024 Current
Vaibhav Singh Country flag representing In Director 17-Oct-2016 Current

Financial Performance of Bhagawati Elite Motors.

Bhagawati Elite Motors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 46.65% increase. The company also saw a substantial improvement in profitability, with a 77.38% increase in profit. The company's net worth Soared by an impressive increase of 126.64%.

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
46.65%
Revenue from Operations
47.84%
Total Assets
16.25%
Profit or Loss
77.38%
Net Worth
126.64%
EBITDA
23.04%

What is the Ownership and Shareholding Structure of Bhagawati Elite Motors?

In 2023, Bhagawati Elite Motors had a promoter holding of 50.00% and a public holding of 50.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹57.56 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 44.76 Cr
  • Axis Bank Limited : 9.80 Cr
  • Tata Capital Financial Services Limited : 3.00 Cr

Latest Charge Details

Date Lender Amount Status
09 Aug 2024 Axis Bank Limited ₹9.80 Cr Open
13 Apr 2023 Tata Capital Financial Services Limited ₹3.00 Cr Open
23 Nov 2022 Others ₹14.00 Cr Open
20 Oct 2022 Others ₹12.98 Cr Open
16 Mar 2022 Others ₹2.78 Cr Open

How Many Employees Work at Bhagawati Elite Motors?

Bhagawati Elite Motors has a workforce of 140 employees as of Mar 28, 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 Bhagawati Elite Motors, 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 Bhagawati Elite Motors'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 Bhagawati Elite Motors

Recent activity within the organization

  • Director Appointment

    Satyaditya Singh Dhakare was appointed as a Director was appointed as a Director on 18 Oct 2024 & has been associated with this company since 3 months 22 days .

    18 Oct 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 9.80 Cr with Charge ID 100969585 was registered on 09 Aug 2024.

    09 Aug 2024

  • Charges

    A charge with Others of Rs. 12.98 Cr registered on 20 Oct 2022 with Charge ID 100624375 was modified on 27 Mar 2024.

    27 Mar 2024

  • Director Appointment

    Shalini Singh was appointed as a Director was appointed as a Director on 30 Jan 2024 & has been associated with this company since 1 year 9 days .

    30 Jan 2024

  • Annual General Meeting

    Bhagawati Elite Motors Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Tata Capital Financial Services Limited amounted to Rs. 3.00 Cr with Charge ID 100713380 was registered on 13 Apr 2023.

    13 Apr 2023

Frequently asked questions

  • Bhagawati Elite Motors Private Limited was incorporated on 17 Oct 2016.

  • The authorized share capital of Bhagawati Elite Motors Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 4.00 Cr.

  • Currently 4 directors are associated with Bhagawati Elite Motors Private Limited.

    • Vikram Singh
    • Satyaditya Singh Dhakare
    • Shalini Singh
    • Vaibhav Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bhagawati Elite Motors Private Limited is H. No. A-1 A Sector, Royal Residency India, Bhopal, Madhya Pradesh, 462016.

  • The corporate identification number (CIN) of Bhagawati Elite Motors Private Limited is U50100MP2016PTC041666 and the company number is 041666 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bhagawati Elite Motors Private Limited is https://www.bhagawatigroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bhagawati Elite Motors Private Limited has risen by 46.65%.

  • As Per 2023 financial reports, 140 employees are currently employed by Bhagawati Elite Motors Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bhagawati Elite Motors Private Limited has experienced an upsurge of 126.64%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bhagawati Elite Motors Private Limited amount to ₹ 57.56 Cr.

  • The most recent Balance Sheet for Bhagawati Elite Motors Private Limited was filed with the ROC on 31 Mar 2023.