Bhandari Precision Forgings Private Limited

Manufactures joint-less rings, shafts, gears, and other products for various engineering sectors.

1996 | Bangaluru, Karnataka (India) | Active
Last Updated:

Bhandari Precision Forgings Profile

Key Indicators

  • Authorised Capital ₹ 3.25 Cr
  • Paid Up Capital ₹ 2.38 Cr
  • Company Age 28 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 26.68 Cr
  • Satisfied Charges ₹ 9.00 M
  • Revenue Growth 35.67%
  • Profit Growth 21.86%
  • Ebitda 0.04%
  • Net Worth 4.00%
  • Total Assets 11.05%

About Bhandari Precision Forgings

Bhandari Precision Forgings Private Limited (BPFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 June 1996 and has a history of 28 years and nine months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Vish Informatics Private Limited. The Company is engaged in the Machinery And Equipment 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 3.25 Cr and a paid-up capital of Rs 2.38 Cr.

The company currently has active open charges totaling ₹26.68 Cr. The company has closed loans amounting to ₹9.00 M, as per Ministry of Corporate Affairs (MCA) records.

Suresh Bhandari and Vijay Bhandari serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U28910KA1996PTC020630

  • Company No.

    020630

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Jun 1996

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

What products or services does Bhandari Precision Forgings Private Limited offer?

Bhandari Precision Forgings Private Limited offers a wide range of products and services, including Gearbox, Axle, Sprocket & Gear Parts, Industrial Shafts.

Company report

Bhandari Precision Forgings Private Limited

Explore comprehensive data for Bhandari Precision Forgings Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Suresh Bhandari Country flag representing In Managing Director01-Jan-2007Current

Board Members (1)

NameDesignationAppointment DateStatus
Vijay Bhandari Country flag representing In Additional Director 03-Aug-2013Current

Financial Performance of Bhandari Precision Forgings.

Bhandari Precision Forgings Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 35.67% increase. The company also saw a substantial improvement in profitability, with a 21.86% increase in profit. The company's net worth moved up by a moderate rise of 4%.

Bhandari Precision Forgings revenue growth over time
Bhandari Precision Forgings 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
35.67%
Revenue from Operations
34.26%
Total Assets
11.05%
Profit or Loss
21.86%
Net Worth
4.00%
EBITDA
0.04%

What is the Ownership and Shareholding Structure of Bhandari Precision Forgings?

In 2023, Bhandari Precision Forgings had a promoter holding of 97.82% and a public holding of 2.18%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹26.68 Cr

Satisfied Charges

₹0.90 Cr

Charges Breakdown by Lending Institutions

  • Indian Bank : 25.33 Cr
  • Sidbi : 0.68 Cr
  • Others : 0.66 Cr
  • Sundaram Finance Limited : 0.01 Cr

Latest Charge Details

DateLenderAmountStatus
20 Jun 2023Sidbi₹6.80 MOpen
31 Aug 2019Others₹5.00 MOpen
08 May 2019Others₹1.61 MOpen
30 Mar 2015Indian Bank₹1.25 CrOpen
23 Sep 2014Indian Bank₹0.47 MOpen

How Many Employees Work at Bhandari Precision Forgings?

Bhandari Precision Forgings has a workforce of 74 employees as of Mar 30, 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.

Employee growth trends for Bhandari Precision Forgings Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge with Indian Bank of Rs. 24.03 Cr registered on 23 Jan 2004 with Charge ID 90200892 was modified on 29 Aug 2024.

  • Annual General Meeting

    Bhandari Precision Forgings Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge with Sidbi amounted to Rs. 0.68 Cr with Charge ID 100736995 was registered on 20 Jun 2023.

  • Balance Sheet

    Bhandari Precision Forgings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

  • Charges

    A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100285454 was registered on 31 Aug 2019.

  • Charges

    A charge with Others amounted to Rs. 0.16 Cr with Charge ID 100268817 was registered on 08 May 2019.

Frequently asked questions

  • What is the Incorporation or founding date of Bhandari Precision Forgings Private Limited?

    Bhandari Precision Forgings Private Limited was incorporated on 13 Jun 1996.

  • What is authorized share capital and paid-up capital of Bhandari Precision Forgings Private Limited?

    The authorized share capital of Bhandari Precision Forgings Private Limited is ₹ 3.25 Cr and paid-up capital is ₹ 2.38 Cr.

  • Who are the current board members & directors of Bhandari Precision Forgings Private Limited?

    Currently 2 directors are associated with Bhandari Precision Forgings Private Limited.

    • Suresh Bhandari
    • Vijay Bhandari
  • What is the registered address of Bhandari Precision Forgings Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Bhandari Precision Forgings Private Limited is A-271 2Nd Stage, Peenya Industrial Estate India, Bangalore, Karnataka, 560058.

  • What is the corporate identification number (CIN) and company number of Bhandari Precision Forgings Private Limited?

    The corporate identification number (CIN) of Bhandari Precision Forgings Private Limited is U28910KA1996PTC020630 and the company number is 020630 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Bhandari Precision Forgings Private Limited?

    The Official website of Bhandari Precision Forgings Private Limited is https://www.bhandariforgings.com

  • What has been the recent revenue trend for Bhandari Precision Forgings Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Bhandari Precision Forgings Private Limited has risen by 35.67%.

  • How many employees does Bhandari Precision Forgings Private Limited currently have?

    As Per 2023 financial reports, 74 employees are currently employed by Bhandari Precision Forgings Private Limited.

  • What change has been observed in the net worth of Bhandari Precision Forgings Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Bhandari Precision Forgings Private Limited has experienced an upsurge of 4.00%.

  • What are the total open charges for Bhandari Precision Forgings Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Bhandari Precision Forgings Private Limited amount to ₹ 26.68 Cr.

  • When was the last Balance Sheet of Bhandari Precision Forgings Private Limited filed with the ROC?

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

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