Bhasin Industries Pvt Ltd

Manufactures writing and printing paper and provides coal handling and transportation services.

1987 | Nagpur, Maharashtra (India) | Active
Last Updated: November 16, 2024

Bhasin Industries Profile

Key Indicators

  • Authorised Capital ₹ 3.20 Cr
  • Paid Up Capital ₹ 3.18 Cr
  • Company Age 37 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 39.06 Cr
  • Satisfied Charges ₹ 43.54 Cr
  • Revenue Growth -23.39%
  • Profit Growth -7.03%
  • Ebitda -12.45%
  • Net Worth 6.07%
  • Total Assets -7.48%

About Bhasin Industries

Bhasin Industries Pvt Ltd (BIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 September 1987 and has a history of 37 years and four months. Its registered office is in Nagpur, Maharashtra, India.

The Company is engaged in the Manufacturing 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 3.20 Cr and a paid-up capital of Rs 3.18 Cr.

The company currently has active open charges totaling ₹39.06 Cr. The company has closed loans amounting to ₹43.54 Cr, as per Ministry of Corporate Affairs (MCA) records.

Yash Bhasin, Jagdishkumar Bhasin, and Yogesh Bhasin serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U21010MH1987PTC044710

  • Company No.

    044710

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Sep 1987

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing
Transport and Logistics

What products or services does Bhasin Industries Pvt Ltd offer?

Bhasin Industries Pvt Ltd offers a wide range of products and services, including Files, Folders & Notebooks, Document Envelopes, Insulators & Insulation Materials, Electrical Insulation Materials, Paper & Paper Made Products, Kraft Paper, Insulation Sheets, Insulation Material.

Who are the key members and board of directors at Bhasin Industries?

Board Members (3)

Name Designation Appointment Date Status
Yash Bhasin Country flag representing In Director 04-Oct-2005 Current
Jagdishkumar Bhasin Country flag representing In Director 17-Sep-1987 Current
Yogesh Bhasin Country flag representing In Whole-Time Director 01-Jan-2002 Current

Financial Performance of Bhasin Industries.

Bhasin Industries Pvt Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 23.39% decrease. The company also saw a slight decrease in profitability, with a 7.03% decrease in profit. The company's net worth moved up by a moderate rise of 6.07%.

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
-23.39%
Revenue from Operations
-24.17%
Total Assets
-7.48%
Profit or Loss
-7.03%
Net Worth
6.07%
EBITDA
-12.45%

What is the Ownership and Shareholding Structure of Bhasin Industries?

In 2023, Bhasin Industries 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

₹39.06 Cr

Satisfied Charges

₹43.54 Cr

Charges Breakdown by Lending Institutions

  • Others : 18.08 Cr
  • Hdfc Bank Limited : 8.05 Cr
  • State Bank Of India : 6.36 Cr
  • Axis Bank Limited : 3.21 Cr
  • Sundaram Finance Limited : 1.86 Cr
  • Others : 1.50 Cr

Latest Charge Details

Date Lender Amount Status
26 Jul 2024 Axis Bank Limited ₹8.96 M Open
20 Jul 2024 Axis Bank Limited ₹8.96 M Open
07 Mar 2024 Axis Bank Limited ₹1.14 Cr Open
24 Apr 2023 Others ₹12.00 Cr Open
13 Dec 2022 Hdfc Bank Limited ₹8.05 Cr Open

How Many Employees Work at Bhasin Industries?

Unlock and access historical data on people associated with Bhasin Industries, 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 Bhasin Industries, 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 Bhasin Industries'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 Bhasin Industries

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.90 Cr with Charge ID 100962052 was registered on 26 Jul 2024.

    26 Jul 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.90 Cr with Charge ID 100961604 was registered on 20 Jul 2024.

    20 Jul 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.14 Cr with Charge ID 100891127 was registered on 07 Mar 2024.

    07 Mar 2024

  • Annual General Meeting

    Bhasin Industries Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 12.00 Cr with Charge ID 100708450 was registered on 24 Apr 2023.

    24 Apr 2023

  • Balance Sheet

    Bhasin Industries Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

Frequently asked questions

  • Bhasin Industries Pvt Ltd was incorporated on 17 Sep 1987.

  • The authorized share capital of Bhasin Industries Pvt Ltd is ₹ 3.20 Cr and paid-up capital is ₹ 3.18 Cr.

  • Currently 3 directors are associated with Bhasin Industries Pvt Ltd.

    • Yash Jagdish Bhasin
    • Jagdishkumar Deshraj Bhasin
    • Yogesh Ramesh Kumar Bhasin
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bhasin Industries Pvt Ltd is Ward No. 61 Plot 35 Surana Layout Katol Road Rajnagar, India, Nagpur, Maharashtra, 440013.

  • The corporate identification number (CIN) of Bhasin Industries Pvt Ltd is U21010MH1987PTC044710 and the company number is 044710 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bhasin Industries Pvt Ltd is https://www.paramountpapermills.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bhasin Industries Pvt Ltd has fallen by -23.39%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bhasin Industries Pvt Ltd has experienced an upsurge of 6.07%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bhasin Industries Pvt Ltd amount to ₹ 39.06 Cr.

  • The most recent Balance Sheet for Bhasin Industries Pvt Ltd was filed with the ROC on 31 Mar 2023.

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