Bhasin Industries Profile
Key Indicators
- Authorised Capital ₹ 3.20 Cr
- Paid Up Capital ₹ 3.18 Cr
- Company Age 37 Year, 5 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 five 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
- Website
- 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  | Director | 04-Oct-2005 | Current |
| Jagdishkumar Bhasin | Director | 17-Sep-1987 | Current |
| Yogesh Bhasin | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Ptc Natural Gas Private LimitedYash Bhasin is a mutual person
- Phnix Machinery And Marketing Private Limited
Yash Bhasin is a mutual person
- Rb Fuel System Llp
Jagdishkumar Bhasin is a mutual person
- Bhasin Materials Private Limited
Jagdishkumar Bhasin is a mutual person
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.
Deals i
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
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 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.
- Charges
A charge with Axis Bank Limited amounted to Rs. 0.90 Cr with Charge ID 100961604 was registered on 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.
- Annual General Meeting
Bhasin Industries Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 12.00 Cr with Charge ID 100708450 was registered on 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.
Frequently asked questions
What is the Incorporation or founding date of Bhasin Industries Pvt Ltd?
Bhasin Industries Pvt Ltd was incorporated on 17 Sep 1987.
What is authorized share capital and paid-up capital of Bhasin Industries Pvt Ltd?
The authorized share capital of Bhasin Industries Pvt Ltd is ₹ 3.20 Cr and paid-up capital is ₹ 3.18 Cr.
Who are the current board members & directors of Bhasin Industries Pvt Ltd?
Currently 3 directors are associated with Bhasin Industries Pvt Ltd.
- Yash Jagdish Bhasin
- Jagdishkumar Deshraj Bhasin
- Yogesh Ramesh Kumar Bhasin
What is the registered address of Bhasin Industries Pvt Ltd?
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.
What is the corporate identification number (CIN) and company number of Bhasin Industries Pvt Ltd?
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).
What is the official website of Bhasin Industries Pvt Ltd?
The Official website of Bhasin Industries Pvt Ltd is https://www.paramountpapermills.com
What has been the recent revenue trend for Bhasin Industries Pvt Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Bhasin Industries Pvt Ltd has fallen by -23.39%.
What change has been observed in the net worth of Bhasin Industries Pvt Ltd, and by what percentage?
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%.
What are the total open charges for Bhasin Industries Pvt Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Bhasin Industries Pvt Ltd amount to ₹ 39.06 Cr.
When was the last Balance Sheet of Bhasin Industries Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Bhasin Industries Pvt Ltd was filed with the ROC on 31 Mar 2023.
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