Bhagwati Cotton And Spinning Mills Private Limited

Manufactures synthetic yarns such as polyester and acrylic.

1999 | Punjab, Punjab (India) | Active
Last Updated: December 31, 2024

Bhagwati Cotton And Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.91 Cr
  • Company Age 25 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 30.18 Cr
  • Satisfied Charges ₹ 2.10 Cr
  • Revenue Growth 14.26%
  • Profit Growth -116.15%
  • Ebitda -26.04%
  • Net Worth -0.70%
  • Total Assets 5.20%

About Bhagwati Cotton And Spinning Mills

Bhagwati Cotton And Spinning Mills Private Limited (BCASMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 April 1999 and has a history of 25 years and nine months. Its registered office is in Punjab, Punjab.

The Company is engaged in the Manufacturing 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 3.91 Cr.

The company currently has active open charges totaling ₹30.18 Cr. The company has closed loans amounting to ₹2.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

Puneet Dhir and Sumir Dhir serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U19998PB1999PTC022484

  • Company No.

    022484

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Apr 1999

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing

Who are the key members and board of directors at Bhagwati Cotton And Spinning Mills?

Board Members (2)

Name Designation Appointment Date Status
Puneet Dhir Country flag representing In Director 19-Apr-1999 Current
Sumir Dhir Country flag representing In Director 19-Apr-1999 Current

Financial Performance of Bhagwati Cotton And Spinning Mills.

Bhagwati Cotton And Spinning Mills Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.26% increase. The company also saw a substantial fall in profitability, with a 116.15% decrease in profit. The company's net worth dipped by a decrease of 0.7%.

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
14.26%
Revenue from Operations
14.09%
Total Assets
5.20%
Profit or Loss
-116.15%
Net Worth
-0.70%
EBITDA
-26.04%

What is the Ownership and Shareholding Structure of Bhagwati Cotton And Spinning Mills?

In 2023, Bhagwati Cotton And Spinning Mills 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

₹30.18 Cr

Satisfied Charges

₹2.10 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 29.88 Cr
  • Hdfc Bank Limited : 0.30 Cr

Latest Charge Details

Date Lender Amount Status
11 May 2022 State Bank Of India ₹1.75 Cr Open
21 Jul 2021 Hdfc Bank Limited ₹3.00 M Open
15 Nov 1999 State Bank Of India ₹28.13 Cr Open
15 Nov 1999 State Bank Of India ₹1.05 Cr Satisfied
15 Nov 1999 State Bank Of India ₹1.05 Cr Satisfied

How Many Employees Work at Bhagwati Cotton And Spinning Mills?

Bhagwati Cotton And Spinning Mills has a workforce of 95 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 Bhagwati Cotton And Spinning Mills, 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 Bhagwati Cotton And Spinning Mills'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 Bhagwati Cotton And Spinning Mills

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 28.13 Cr registered on 15 Nov 1999 with Charge ID 90167485 was modified on 16 Nov 2023.

    16 Nov 2023

  • Annual General Meeting

    Bhagwati Cotton And Spinning Mills Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Bhagwati Cotton And Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 1.75 Cr with Charge ID 100578890 was registered on 11 May 2022.

    11 May 2022

  • Charges

    A charge registered on 15 Nov 1999 via Charge ID 90167533 with State Bank Of India was fully satisfied on 11 Mar 2022.

    11 Mar 2022

  • Charges

    A charge registered on 15 Nov 1999 via Charge ID 90311332 with State Bank Of India was fully satisfied on 11 Mar 2022.

    11 Mar 2022

Frequently asked questions

  • Bhagwati Cotton And Spinning Mills Private Limited was incorporated on 19 Apr 1999.

  • The authorized share capital of Bhagwati Cotton And Spinning Mills Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.91 Cr.

  • Currently 2 directors are associated with Bhagwati Cotton And Spinning Mills Private Limited.

    • Puneet Dhir
    • Sumir Dhir
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bhagwati Cotton And Spinning Mills Private Limited is Lakhowal Roadkohara Ludhiana India, Punjab.

  • The corporate identification number (CIN) of Bhagwati Cotton And Spinning Mills Private Limited is U19998PB1999PTC022484 and the company number is 022484 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bhagwati Cotton And Spinning Mills Private Limited is https://www.bhagwati-cotton-and-spinning-mills.business.site

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bhagwati Cotton And Spinning Mills Private Limited has risen by 14.26%.

  • As Per 2023 financial reports, 95 employees are currently employed by Bhagwati Cotton And Spinning Mills Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bhagwati Cotton And Spinning Mills Private Limited has experienced an downturn of -0.70%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bhagwati Cotton And Spinning Mills Private Limited amount to ₹ 30.18 Cr.

  • The most recent Balance Sheet for Bhagwati Cotton And Spinning Mills Private Limited was filed with the ROC on 31 Mar 2023.

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