Bhandari Automobiles Private Limited

Authorized dealer of commercial and passenger vehicles with 57 showrooms and 13 service workshops.

1994 | Dist Midnpore, West Bengal (India) | Active
Last Updated: July 07, 2024

Bhandari Automobiles Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 2.56 Cr
  • Company Age 30 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 604.73 Cr
  • Satisfied Charges ₹ 326.32 Cr
  • Revenue Growth 26.82%
  • Profit Growth 57.06%
  • Ebitda -4.00%
  • Net Worth 14.02%
  • Total Assets 5.81%

About Bhandari Automobiles

Bhandari Automobiles Private Limited (BAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 September 1994 and has a history of 30 years and five months. Its registered office is in Dist Midnpore, West Bengal, India.

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 5.00 Cr and a paid-up capital of Rs 2.56 Cr.

The company currently has active open charges totaling ₹604.73 Cr. The company has closed loans amounting to ₹326.32 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sanjay Bhandari, Shyam Purushottam, Ritesh Sarraf, and One other member serve as directors at the Company.

Company Details

  • Location

    Dist Midnpore, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    bhandariautomobiles.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51109WB1994PTC065147

  • Company No.

    065147

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Sep 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Automotive

What products or services does Bhandari Automobiles Private Limited offer?

Bhandari Automobiles Private Limited offers a wide range of products and services, including Industrial Air Conditioner & Devices, Refrigeration Spares, Mini Truck, TATA Ace, Medium & Heavy Commercial Vehicles, Trucks, TATA Truck, Bus, TATA Bus, Rare Gases.

Who are the key members and board of directors at Bhandari Automobiles?

Board Members (4)

NameDesignationAppointment DateStatus
Ritesh Sarraf Country flag representing In Director 19-Jul-2005Current
Sanjay Bhandari Country flag representing In Director 16-Sep-1994Current
Shyam Purushottam Country flag representing In Director 19-Jul-2005Current
Reena Bhandari Country flag representing In Director 19-Jul-2005Current

Financial Performance of Bhandari Automobiles.

Bhandari Automobiles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.82% increase. The company also saw a substantial improvement in profitability, with a 57.06% increase in profit. The company's net worth Soared by an impressive increase of 14.02%.

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
26.82%
Revenue from Operations
26.85%
Total Assets
5.81%
Profit or Loss
57.06%
Net Worth
14.02%
EBITDA
-4.00%

What is the Ownership and Shareholding Structure of Bhandari Automobiles?

In 2023, Bhandari Automobiles had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹604.73 Cr

Satisfied Charges

₹326.32 Cr

Charges Breakdown by Lending Institutions

  • Others : 241.97 Cr
  • Hdfc Bank Limited : 112.25 Cr
  • State Bank Of India : 92.82 Cr
  • Tata Capital Financial Services Limited : 66.00 Cr
  • Axis Bank Limited : 54.65 Cr
  • Others : 37.04 Cr

Latest Charge Details

DateLenderAmountStatus
22 Mar 2024Indian Bank₹10.00 CrOpen
09 Dec 2022Yes Bank Limited₹6.00 CrOpen
28 Jul 2022Others₹30.00 CrOpen
29 Jun 2022Others₹10.00 CrOpen
27 Jun 2022Tata Capital Financial Services Limited₹5.00 CrOpen

How Many Employees Work at Bhandari Automobiles?

Bhandari Automobiles has a workforce of 1633 employees as of Apr 06, 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 Bhandari Automobiles, 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 Bhandari Automobiles'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 Bhandari Automobiles

Recent activity within the organization

  • Charges

    A charge with Indian Bank amounted to Rs. 10.00 Cr with Charge ID 100898374 was registered on 22 Mar 2024.

    22 Mar 2024

  • Charges

    A charge with State Bank Of India of Rs. 92.82 Cr registered on 30 Oct 2009 with Charge ID 10191264 was modified on 30 Dec 2023.

    30 Dec 2023

  • Annual General Meeting

    Bhandari Automobiles 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 registered on 27 Jun 2022 via Charge ID 100593165 with Tata Capital Financial Services Limited was fully satisfied on 06 Sep 2023.

    06 Sep 2023

  • Charges

    A charge registered on 24 Jun 2022 via Charge ID 100698382 with Tata Capital Financial Services Limited was fully satisfied on 06 Sep 2023.

    06 Sep 2023

  • Charges

    A charge registered on 30 Dec 2020 via Charge ID 100403925 with Tata Capital Financial Services Limited was fully satisfied on 06 Sep 2023.

    06 Sep 2023

Frequently asked questions

  • Bhandari Automobiles Private Limited was incorporated on 16 Sep 1994.

  • The authorized share capital of Bhandari Automobiles Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.56 Cr.

  • Currently 4 directors are associated with Bhandari Automobiles Private Limited.

    • Sanjay Bhandari
    • Shyam Sundar Purushottam
    • Ritesh Kumar Sarraf
    • Reena Bhandari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bhandari Automobiles Private Limited is Bhandari Buildingjhapatapur Kharagpur, Dist Midnpore, West Bengal, India.

  • The corporate identification number (CIN) of Bhandari Automobiles Private Limited is U51109WB1994PTC065147 and the company number is 065147 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bhandari Automobiles Private Limited is https://www.bhandariautomobiles.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bhandari Automobiles Private Limited has risen by 26.82%.

  • As Per 2023 financial reports, 1633 employees are currently employed by Bhandari Automobiles Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bhandari Automobiles Private Limited has experienced an upsurge of 14.02%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bhandari Automobiles Private Limited amount to ₹ 604.73 Cr.

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

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