Bharat It Services Profile
Key Indicators
- Authorised Capital ₹ 7.50 Cr
- Paid Up Capital ₹ 7.01 Cr
- Company Age 28 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 19.70 Cr
- Satisfied Charges ₹ 20.00 Cr
- Revenue Growth -23.83%
- Profit Growth -22.59%
- Ebitda -30.87%
- Net Worth 4.87%
- Total Assets 10.06%
About Bharat It Services
Bharat It Services Limited (BISL) is a leading Public Limited Indian Non-Government Company incorporated in India on 11 July 1996 and has a history of 28 years and seven months. Its registered office is in Delhi, India.
The Corporate was formerly known as Graphtech (I) Ltd. The Company is engaged in the Information Technology 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 7.50 Cr and a paid-up capital of Rs 7.01 Cr.
The company currently has active open charges totaling ₹19.70 Cr. The company has closed loans amounting to ₹20.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Arun Seth, Anil Baijal, Gurvinder Singh, and One other member serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U72100DL1996PLC080315
- Company No.
080315
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
11 Jul 1996
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Information Technology
What products or services does Bharat It Services Limited offer?
Bharat It Services Limited offers a wide range of products and services, including Office Automation Products & Devices, Scanner, Printing Machinery & Equipment, Receipt Printers, Paper Shredding Machine, GBC Paper Shredding Machine, Passbook Printer, Binding Machines, Document Scanners, Binding Systems.
Who are the key members and board of directors at Bharat It Services?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mukesh Khetan  | Director | 05-Jun-2023 | Current |
| Arun Seth | Whole-Time Director | 26-May-2006 | Current |
| Anil Baijal | Additional Director | 16-Aug-2024 | Current |
| Gurvinder Singh | Director | 04-Aug-2022 | Current |
Financial Performance of Bharat It Services.
Bharat It Services Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 23.83% decrease. The company also saw a substantial fall in profitability, with a 22.59% decrease in profit. The company's net worth moved up by a moderate rise of 4.87%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Bharat It Services?
In 2023, Bharat It Services 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.
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- Avon Mercantile Limited
Gurvinder Singh is a mutual person
- Modi Aircrete Private Limited
Gurvinder Singh is a mutual person
- Rajarshi Modi Private Limited
Gurvinder Singh is a mutual person
- Toplight Corporate Management Private Limited
Gurvinder Singh is a mutual person
Charges (Loans)
Open Charges
₹19.70 Cr
Satisfied Charges
₹20.00 Cr
Charges Breakdown by Lending Institutions
- Others : 17.01 Cr
- Hdfc Bank Limited : 2.69 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Jul 2024 | Others | ₹0.12 M | Open |
| 13 Sep 2023 | Others | ₹3.00 Cr | Open |
| 13 Sep 2023 | Others | ₹14.00 Cr | Open |
| 14 Mar 2023 | Hdfc Bank Limited | ₹1.55 Cr | Open |
| 21 Feb 2021 | Hdfc Bank Limited | ₹1.14 Cr | Open |
How Many Employees Work at Bharat It Services?
Bharat It Services has a workforce of 1062 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Bharat It Services, 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 Bharat It Services'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 Bharat It Services
Recent activity within the organization
- Annual General Meeting
Bharat It Services Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Director Appointment
Anil Baijal was appointed as a Additional Director was appointed as a Additional Director on 16 Aug 2024 & has been associated with this company since 6 months 18 days .
- Charges
A charge with Others amounted to Rs. 0.01 Cr with Charge ID 100949724 was registered on 07 Jul 2024.
- Balance Sheet
Bharat It Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Charges
A charge with Others of Rs. 14.00 Cr registered on 13 Sep 2023 with Charge ID 100788554 was modified on 20 Mar 2024.
- Charges
A charge with Hdfc Bank Limited of Rs. 1.55 Cr registered on 14 Mar 2023 with Charge ID 100691044 was modified on 19 Feb 2024.
Frequently asked questions
What is the Incorporation or founding date of Bharat It Services Limited?
Bharat It Services Limited was incorporated on 11 Jul 1996.
What is authorized share capital and paid-up capital of Bharat It Services Limited?
The authorized share capital of Bharat It Services Limited is ₹ 7.50 Cr and paid-up capital is ₹ 7.01 Cr.
Who are the current board members & directors of Bharat It Services Limited?
Currently 4 directors are associated with Bharat It Services Limited.
- Arun Seth
- Anil Baijal
- Gurvinder Pal Singh
- Mukesh Khetan
What is the registered address of Bharat It Services Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Bharat It Services Limited is 3Rd Floor C5/85, New Kondli India, Delhi, 110096.
What is the corporate identification number (CIN) and company number of Bharat It Services Limited?
The corporate identification number (CIN) of Bharat It Services Limited is U72100DL1996PLC080315 and the company number is 080315 as per Ministry of Corporate Affairs (MCA).
What is the official website of Bharat It Services Limited?
The Official website of Bharat It Services Limited is https://www.bharatitservices.com
What has been the recent revenue trend for Bharat It Services Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Bharat It Services Limited has fallen by -23.83%.
How many employees does Bharat It Services Limited currently have?
As Per 2023 financial reports, 1062 employees are currently employed by Bharat It Services Limited.
What change has been observed in the net worth of Bharat It Services Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Bharat It Services Limited has experienced an upsurge of 4.87%.
What are the total open charges for Bharat It Services Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Bharat It Services Limited amount to ₹ 19.70 Cr.
When was the last Balance Sheet of Bharat It Services Limited filed with the ROC?
The most recent Balance Sheet for Bharat It Services Limited was filed with the ROC on 31 Mar 2024.
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