Bhagwati Spherocast Private Limited

Manufacturer of castings for various industries with annual capacity of 18,000 tons, located in Gujarat.

1976 | Ahmedabad, Gujarat (India) | Active
Last Updated: June 17, 2024

Bhagwati Spherocast Profile

Key Indicators

  • Authorised Capital ₹ 8.00 M
  • Paid Up Capital ₹ 1.93 M
  • Company Age 48 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.50 Cr
  • Satisfied Charges ₹ 31.22 Cr
  • Revenue Growth 30.69%
  • Profit Growth 124.88%
  • Ebitda 159.67%
  • Net Worth 7.23%
  • Total Assets 15.64%

About Bhagwati Spherocast

Bhagwati Spherocast Private Limited (BSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 August 1976 and has a history of 48 years and five months. Its registered office is in Ahmedabad, Gujarat, India.

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 8.00 M and a paid-up capital of Rs 1.93 M.

The company currently has active open charges totaling ₹7.50 Cr. The company has closed loans amounting to ₹31.22 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jagat Shah, Pravin Bhagwati, Reena Pravin, and One other member serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27310GJ1976PTC002926

  • Company No.

    002926

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Aug 1976

  • Date of AGM

    30 Jun 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Bhagwati Spherocast Private Limited offer?

Bhagwati Spherocast Private Limited offers a wide range of products and services, including Steering Parts & Components, Drivetrain Components, Goods Lift, Hydraulic Lifts, Brackets, Support Bracket, Sheet Metal & Turned Components, Machine Parts, Differential Casing, Gearbox Parts.

Who are the key members and board of directors at Bhagwati Spherocast?

Executive Team (1)

Name Designation Appointment Date Status
Pravin Bhagwati Country flag representing In Managing Director 01-Jan-1977 Current

Board Members (3)

Name Designation Appointment Date Status
Jagat Shah Country flag representing In Additional Director Current
Reena Pravin Country flag representing In Director 08-May-2014 Current
Shailesh Sheth Country flag representing In Director 26-May-2023 Current

Financial Performance of Bhagwati Spherocast.

Bhagwati Spherocast Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 30.69% increase. The company also saw a substantial improvement in profitability, with a 124.88% increase in profit. The company's net worth moved up by a moderate rise of 7.23%.

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
30.69%
Revenue from Operations
32.71%
Total Assets
15.64%
Profit or Loss
124.88%
Net Worth
7.23%
EBITDA
159.67%

What is the Ownership and Shareholding Structure of Bhagwati Spherocast?

In 2023, Bhagwati Spherocast 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

₹75.00 M

Satisfied Charges

₹312.25 M

Charges Breakdown by Lending Institutions

  • Others : 7.50 Cr

Latest Charge Details

Date Lender Amount Status
20 Feb 2024 Others ₹7.50 Cr Open
28 Jul 2000 Bank Of Baroda ₹14.98 Cr Satisfied
24 Mar 2000 Bank Of Baroda ₹14.98 Cr Satisfied
22 Jul 1999 Indian Renewable Energy Development Agency Limited ₹1.17 Cr Satisfied
07 Aug 1991 Bank Of Baroda ₹1.00 M Satisfied

How Many Employees Work at Bhagwati Spherocast?

Bhagwati Spherocast has a workforce of 129 employees as of Apr 08, 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 Spherocast, 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 Spherocast'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 Spherocast

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 75.00 M with Charge ID 100873024 was registered on 20 Feb 2024.

    20 Feb 2024

  • Annual General Meeting

    Bhagwati Spherocast Private Limited last Annual general meeting of members was held on 30 Jun 2023 as per latest MCA records.

    30 Jun 2023

  • Director Appointment

    Shailesh Rajnikant Sheth was appointed as a Director was appointed as a Director on 26 May 2023 & has been associated with this company since 1 year 8 months .

    26 May 2023

  • Balance Sheet

    Bhagwati Spherocast Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge registered on 28 Jul 2000 via Charge ID 90111525 with Bank Of Baroda was fully satisfied on 19 Jan 2022.

    19 Jan 2022

  • Charges

    A charge registered on 24 Mar 2000 via Charge ID 90110111 with Bank Of Baroda was fully satisfied on 19 Jan 2022.

    19 Jan 2022

Frequently asked questions

  • Bhagwati Spherocast Private Limited was incorporated on 20 Aug 1976.

  • The authorized share capital of Bhagwati Spherocast Private Limited is ₹ 8.00 M and paid-up capital is ₹ 1.93 M.

  • Currently 4 directors are associated with Bhagwati Spherocast Private Limited.

    • Jagat Jayant Shah
    • Pravin Natvarlal Bhagwati
    • Reena Bhagwati Pravin
    • Shailesh Rajnikant Sheth
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bhagwati Spherocast Private Limited is 132/1 Gidc Est Odhav, Ahmedabad, Gujarat, India, 382415.

  • The corporate identification number (CIN) of Bhagwati Spherocast Private Limited is U27310GJ1976PTC002926 and the company number is 002926 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bhagwati Spherocast Private Limited is https://www.bhagwati.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bhagwati Spherocast Private Limited has risen by 30.69%.

  • As Per 2023 financial reports, 129 employees are currently employed by Bhagwati Spherocast Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bhagwati Spherocast Private Limited has experienced an upsurge of 7.23%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bhagwati Spherocast Private Limited amount to ₹ 7.50 Cr.

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

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