Bharat Springs Private Limited

Manufacturer of automobile and auto parts, including leaf springs, u bolts, and agricultural implements.

1959 | Mumbai, Maharashtra (India) | Active
Last Updated: December 30, 2024

Bharat Springs Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 65 Year, 6 Months
  • Last Filing with ROC 31 Mar 2017
  • Open Charges ₹ 8.84 M
  • Satisfied Charges ₹ 8.94 Cr
  • Revenue Growth %
  • Profit Growth 31.93%
  • Ebitda 33.33%
  • Net Worth -0.17%
  • Total Assets

About Bharat Springs

Bharat Springs Private Limited (BSPL) was founded in India on 05 August 1959 and has a glorious history of 65 years and six months.Its registered office is in Mumbai, Maharashtra, 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 2017. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹8.84 M. The company has closed loans amounting to ₹8.94 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sarabhjit Bhasin, Tarvinder Bhasin, and Jaspalsingh Bhasin serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28900MH1959PTC011417

  • Company No.

    011417

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Aug 1959

  • Date of AGM

    30 Sep 2017

  • Date of Balance Sheet

    31 Mar 2017

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Automotive

Who are the key members and board of directors at Bharat Springs?

Board Members (3)

Name Designation Appointment Date Status
Sarabhjit Bhasin Country flag representing In Director 01-Jun-1998 Current
Tarvinder Bhasin Country flag representing In Director 01-Jun-1998 Current
Jaspalsingh Bhasin Country flag representing In Director 18-Mar-1970 Current

Financial Performance of Bharat Springs.

Bharat Springs Private Limited, for the financial year ended 2017, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 31.93% increase in profit. The company's net worth dipped by a decrease of 0.17%.

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
Revenue from Operations
Total Assets
Profit or Loss
31.93%
Net Worth
-0.17%
EBITDA
33.33%

What is the Ownership and Shareholding Structure of Bharat Springs?

In 2017, Bharat Springs 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

₹0.88 Cr

Satisfied Charges

₹8.94 Cr

Charges Breakdown by Lending Institutions

  • The Punjab & Sind Bank Ltd : 0.18 Cr
  • The Punjab & Sind Bank : 0.13 Cr
  • The Maharashtra State Financial Corpoation Ltd : 0.12 Cr
  • First National Bank City : 0.12 Cr
  • First National City Bank : 0.10 Cr
  • Others : 0.23 Cr

Latest Charge Details

Date Lender Amount Status
24 Mar 1977 Punjab & Sind Bank Ltd ₹0.18 M Open
30 Aug 1976 Punjab National Bank ₹0.05 M Open
12 Aug 1975 The Maharashtra State Financial Corpoation Ltd ₹1.21 M Open
22 Jul 1975 The Punjab & Sind Bank ₹1.30 M Open
03 Apr 1974 The Punjab & Sind Bank Ltd ₹1.80 M Open

How Many Employees Work at Bharat Springs?

Unlock and access historical data on people associated with Bharat Springs, 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 Bharat Springs, 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 Springs'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 Bharat Springs

Recent activity within the organization

  • Annual General Meeting

    Bharat Springs Private Limited last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records.

    30 Sep 2017

  • Balance Sheet

    Bharat Springs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Mumbai.

    31 Mar 2017

  • Charges

    A charge registered on 02 Sep 2008 via Charge ID 10123308 with Bank Of India was fully satisfied on 06 Nov 2009.

    06 Nov 2009

  • Charges

    A charge registered on 25 Aug 2008 via Charge ID 10123378 with Bank Of India was fully satisfied on 06 Nov 2009.

    06 Nov 2009

  • Charges

    A charge registered on 13 Dec 1991 via Charge ID 90166136 with Bank Of India was fully satisfied on 06 Nov 2009.

    06 Nov 2009

  • Charges

    A charge with Bank Of India amounted to Rs. 1.00 Cr with Charge ID 10123308 was registered on 02 Sep 2008.

    02 Sep 2008

Frequently asked questions

  • Bharat Springs Private Limited was incorporated on 05 Aug 1959.

  • The authorized share capital of Bharat Springs Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 3 directors are associated with Bharat Springs Private Limited.

    • Sarabhjit Singh Jaspalsingh Bhasin
    • Tarvinder Singh Jaspal Singh Bhasin
    • Jaspalsingh Arjunsingh Bhasin
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bharat Springs Private Limited is 37 Barrister Nathpai Marg Cottongreen India, Mumbai, Maharashtra, 400033.

  • The corporate identification number (CIN) of Bharat Springs Private Limited is U28900MH1959PTC011417 and the company number is 011417 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bharat Springs Private Limited is https://www.bharatsprings.com

  • The financial reports for the fiscal year 2017 indicates that The net worth of Bharat Springs Private Limited has experienced an downturn of -0.17%.

  • As per the financial statements for fiscal Year 2017, The total open charges for Bharat Springs Private Limited amount to ₹ 8.84 M.

  • The most recent Balance Sheet for Bharat Springs Private Limited was filed with the ROC on 31 Mar 2017.