Bhagirath Motors (India) Private Limited

Authorized dealer of Mahindra vehicles, parts, and services since 2010.

2010 | Indore, Madhya Pradesh (India) | Active
Last Updated: October 24, 2024

Bhagirath Motors (India) Profile

Key Indicators

  • Authorised Capital ₹ 3.20 Cr
  • Paid Up Capital ₹ 2.70 Cr
  • Company Age 14 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 50.96 Cr
  • Satisfied Charges ₹ 1.30 Cr
  • Revenue Growth 67.93%
  • Profit Growth 151.78%
  • Ebitda 58.57%
  • Net Worth 20.26%
  • Total Assets 24.62%

About Bhagirath Motors (India)

Bhagirath Motors (India) Private Limited (BMIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 September 2010 and has a history of 14 years and four months. Its registered office is in Indore, Madhya Pradesh, India.

The Company is engaged in the Trading 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 3.20 Cr and a paid-up capital of Rs 2.70 Cr.

The company currently has active open charges totaling ₹50.96 Cr. The company has closed loans amounting to ₹1.30 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ashok Sharma, Rohan Sharma, and Aditya Sharma serve as directors at the Company.

Company Details

  • Location

    Indore, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U50300MP2010PTC024290

  • Company No.

    024290

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Sep 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Trading

Who are the key members and board of directors at Bhagirath Motors (India)?

Board Members (3)

Name Designation Appointment Date Status
Ashok Sharma Country flag representing In Director 10-Sep-2010 Current
Rohan Sharma Country flag representing In Director 10-Sep-2010 Current
Aditya Sharma Country flag representing In Director 10-Sep-2010 Current

Financial Performance of Bhagirath Motors (India).

Bhagirath Motors (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 67.93% increase. The company also saw a substantial improvement in profitability, with a 151.78% increase in profit. The company's net worth Soared by an impressive increase of 20.26%.

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
67.93%
Revenue from Operations
67.93%
Total Assets
24.62%
Profit or Loss
151.78%
Net Worth
20.26%
EBITDA
58.57%

What is the Ownership and Shareholding Structure of Bhagirath Motors (India)?

In 2023, Bhagirath Motors (India) 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

₹50.96 Cr

Satisfied Charges

₹1.30 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 40.06 Cr
  • Others : 10.90 Cr

Latest Charge Details

Date Lender Amount Status
25 Jul 2024 Hdfc Bank Limited ₹0.60 M Open
05 Apr 2024 Others ₹7.50 Cr Open
14 Feb 2024 Others ₹3.00 Cr Open
06 Jul 2023 Others ₹4.00 M Open
09 Mar 2017 Hdfc Bank Limited ₹40.00 Cr Open

How Many Employees Work at Bhagirath Motors (India)?

Bhagirath Motors (India) has a workforce of 102 employees as of Apr 11, 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 Bhagirath Motors (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 Bhagirath Motors (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 Bhagirath Motors (India)

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.06 Cr with Charge ID 100957833 was registered on 25 Jul 2024.

    25 Jul 2024

  • Charges

    A charge registered on 28 Oct 2022 via Charge ID 100643246 with Others was fully satisfied on 17 May 2024.

    17 May 2024

  • Charges

    A charge registered on 30 Sep 2022 via Charge ID 100643251 with Others was fully satisfied on 12 Apr 2024.

    12 Apr 2024

  • Charges

    A charge with Others amounted to Rs. 7.50 Cr with Charge ID 100904646 was registered on 05 Apr 2024.

    05 Apr 2024

  • Charges

    A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100876998 was registered on 14 Feb 2024.

    14 Feb 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 40.00 Cr registered on 09 Mar 2017 with Charge ID 100086786 was modified on 12 Feb 2024.

    12 Feb 2024

Frequently asked questions

  • Bhagirath Motors (India) Private Limited was incorporated on 10 Sep 2010.

  • The authorized share capital of Bhagirath Motors (India) Private Limited is ₹ 3.20 Cr and paid-up capital is ₹ 2.70 Cr.

  • Currently 3 directors are associated with Bhagirath Motors (India) Private Limited.

    • Ashok Sharma
    • Rohan Sharma
    • Aditya Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bhagirath Motors (India) Private Limited is 223 Apollo Tower 2 M.G. Road, India, Indore, Madhya Pradesh, 452001.

  • The corporate identification number (CIN) of Bhagirath Motors (India) Private Limited is U50300MP2010PTC024290 and the company number is 024290 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bhagirath Motors (India) Private Limited is https://www.bhagirathmotors.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bhagirath Motors (India) Private Limited has risen by 67.93%.

  • As Per 2023 financial reports, 102 employees are currently employed by Bhagirath Motors (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bhagirath Motors (India) Private Limited has experienced an upsurge of 20.26%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bhagirath Motors (India) Private Limited amount to ₹ 50.96 Cr.

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