Bhandari Cottons Limited

Invests in and acquires shares and securities of Indian and foreign companies.

1991 | Raichur, Karnataka (India) | Active
Last Updated: December 24, 2024

Bhandari Cottons Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.90 M
  • Company Age 33 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 2.80 Cr
  • Revenue Growth 8687.90%
  • Profit Growth -6325.00%
  • Ebitda -189.26%
  • Net Worth -18.53%
  • Total Assets 504.90%

About Bhandari Cottons

Bhandari Cottons Limited (BCL) is a Public Limited Indian Non-Government Company incorporated in India on 10 April 1991 and has a history of 33 years and ten months. Its registered office is in Raichur, Karnataka, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 4.90 M.

The company has closed loans amounting to ₹2.80 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Pavan Bhandari, Dineshkumar Dhoka, and Abhay Bhandari serve as directors at the Company.

Company Details

  • Location

    Raichur, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U85110KA1991PLC011856

  • Company No.

    011856

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Apr 1991

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services

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

Board Members (3)

NameDesignationAppointment DateStatus
Pavan Bhandari Country flag representing In Director 20-Oct-1999Current
Dineshkumar Dhoka Country flag representing In Director 20-Oct-1999Current
Abhay Bhandari Country flag representing In Director 20-Oct-1999Current

Financial Performance of Bhandari Cottons.

Bhandari Cottons Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 8687.9% increase. The company also saw a substantial fall in profitability, with a 6325% decrease in profit. The company's net worth observed a substantial decline by a decrease of 18.53%.

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
8687.90%
Revenue from Operations
Total Assets
504.90%
Profit or Loss
-6325.00%
Net Worth
-18.53%
EBITDA
-189.26%

What is the Ownership and Shareholding Structure of Bhandari Cottons?

In 2022, Bhandari Cottons 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

₹0

Satisfied Charges

₹28.00 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 2.05 Cr
  • Ksfc : 0.75 Cr

Latest Charge Details

DateLenderAmountStatus
19 Feb 2004Canara Bank₹1.15 CrSatisfied
01 Feb 2001Canara Bank₹9.00 MSatisfied
28 Dec 1999Ksfc₹7.50 MSatisfied

How Many Employees Work at Bhandari Cottons?

Unlock and access historical data on people associated with Bhandari Cottons, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bhandari Cottons, 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 Cottons'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 Cottons

Recent activity within the organization

  • Annual General Meeting

    Bhandari Cottons Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Bhandari Cottons Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge registered on 28 Dec 1999 via Charge ID 80063584 with Ksfc was fully satisfied on 10 Oct 2011.

    10 Oct 2011

  • Charges

    A charge registered on 19 Feb 2004 via Charge ID 80063583 with Canara Bank was fully satisfied on 29 Sep 2011.

    29 Sep 2011

  • Charges

    A charge registered on 01 Feb 2001 via Charge ID 80063585 with Canara Bank was fully satisfied on 29 Sep 2011.

    29 Sep 2011

  • Charges

    A charge with Canara Bank amounted to Rs. 11.50 M with Charge ID 80063583 was registered on 19 Feb 2004.

    19 Feb 2004

Frequently asked questions

  • Bhandari Cottons Limited was incorporated on 10 Apr 1991.

  • The authorized share capital of Bhandari Cottons Limited is ₹ 5.00 M and paid-up capital is ₹ 4.90 M.

  • Currently 3 directors are associated with Bhandari Cottons Limited.

    • Pavan Kumar Bhandari
    • Dineshkumar Shantilalji Dhoka
    • Abhay Kumar Bhandari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bhandari Cottons Limited is Kvshal Chambers Cloth Bazar, M G Road India, Raichur, Karnataka, 584101.

  • The corporate identification number (CIN) of Bhandari Cottons Limited is U85110KA1991PLC011856 and the company number is 011856 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Bhandari Cottons Limited has risen by 8687.90%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Bhandari Cottons Limited has experienced an downturn of -18.53%.

  • The most recent Balance Sheet for Bhandari Cottons Limited was filed with the ROC on 31 Mar 2024.

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