Bhagwati Spherocast Profile
Key Indicators
- Authorised Capital ₹ 8.00 M
- Paid Up Capital ₹ 1.93 M
- Company Age 48 Year, 6 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 six 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  | Managing Director | 01-Jan-1977 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jagat Shah | Additional Director | Current | |
| Reena Pravin | Director | 08-May-2014 | Current |
| Shailesh Sheth | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Eimco Elecon (India ) LimitedReena Pravin is a mutual person
The Anup Engineering LimitedReena Pravin is a mutual person
A.T.E. Enterprises Private Limited.Shailesh Sheth is a mutual person
Bhagwati Filters Private LimitedPravin Bhagwati and Reena Pravin are mutual person
Symphony LimitedReena Pravin is a mutual person
Arvind LimitedReena Pravin is a mutual person
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.
Deals i
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
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 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.
- Annual General Meeting
Bhagwati Spherocast Private Limited last Annual general meeting of members was held on 30 Jun 2023 as per latest MCA records.
- 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 9 months .
- Balance Sheet
Bhagwati Spherocast Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
- Charges
A charge registered on 28 Jul 2000 via Charge ID 90111525 with Bank Of Baroda was fully satisfied on 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.
Frequently asked questions
What is the Incorporation or founding date of Bhagwati Spherocast Private Limited?
Bhagwati Spherocast Private Limited was incorporated on 20 Aug 1976.
What is authorized share capital and paid-up capital of Bhagwati Spherocast Private Limited?
The authorized share capital of Bhagwati Spherocast Private Limited is ₹ 8.00 M and paid-up capital is ₹ 1.93 M.
Who are the current board members & directors of Bhagwati Spherocast Private Limited?
Currently 4 directors are associated with Bhagwati Spherocast Private Limited.
- Jagat Jayant Shah
- Pravin Natvarlal Bhagwati
- Reena Bhagwati Pravin
- Shailesh Rajnikant Sheth
What is the registered address of Bhagwati Spherocast Private Limited?
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.
What is the corporate identification number (CIN) and company number of Bhagwati Spherocast Private Limited?
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).
What is the official website of Bhagwati Spherocast Private Limited?
The Official website of Bhagwati Spherocast Private Limited is https://www.bhagwati.com
What has been the recent revenue trend for Bhagwati Spherocast Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Bhagwati Spherocast Private Limited has risen by 30.69%.
How many employees does Bhagwati Spherocast Private Limited currently have?
As Per 2023 financial reports, 129 employees are currently employed by Bhagwati Spherocast Private Limited.
What change has been observed in the net worth of Bhagwati Spherocast Private Limited, and by what percentage?
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%.
What are the total open charges for Bhagwati Spherocast Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Bhagwati Spherocast Private Limited amount to ₹ 7.50 Cr.
When was the last Balance Sheet of Bhagwati Spherocast Private Limited filed with the ROC?
The most recent Balance Sheet for Bhagwati Spherocast Private Limited was filed with the ROC on 31 Mar 2023.
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