Bhasin Materials Private Limited

A trading company that deals with fuels, minerals, and related products, providing marketing and distribution services.

1987 | Nagpur, Maharashtra (India) | Active
Last Updated: January 11, 2025

Bhasin Materials Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 1.59 M
  • Company Age 37 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 8.31 Cr
  • Satisfied Charges ₹ 50.00 Cr
  • Revenue Growth -70.72%
  • Profit Growth -65.95%
  • Ebitda -40.71%
  • Net Worth 7.44%
  • Total Assets -11.31%

About Bhasin Materials

Bhasin Materials Private Limited (BMPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 July 1987 and has a history of 37 years and seven months. Its registered office is in Nagpur, Maharashtra, India.

The Corporate was formerly known as Bhasin Leasing And Finance Pvt Ltd. The Company is engaged in the Metals And Minerals 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 5.00 M and a paid-up capital of Rs 1.59 M.

The company currently has active open charges totaling ₹8.31 Cr. The company has closed loans amounting to ₹50.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Namita Bhasin and Jagdishkumar 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

    U51101MH1987PTC043981

  • Company No.

    043981

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Jul 1987

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals
Transport and Logistics

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

Board Members (2)

Name Designation Appointment Date Status
Namita Bhasin Country flag representing In Director 29-Mar-2023 Current
Jagdishkumar Bhasin Country flag representing In Director 07-Jun-1990 Current

Financial Performance of Bhasin Materials.

Bhasin Materials Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 70.72% decrease. The company also saw a substantial fall in profitability, with a 65.95% decrease in profit. The company's net worth moved up by a moderate rise of 7.44%.

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
-70.72%
Revenue from Operations
-71.41%
Total Assets
-11.31%
Profit or Loss
-65.95%
Net Worth
7.44%
EBITDA
-40.71%

What is the Ownership and Shareholding Structure of Bhasin Materials?

In 2020, Bhasin Materials 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

₹83.08 M

Satisfied Charges

₹500.00 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 8.31 Cr

Latest Charge Details

Date Lender Amount Status
21 Jul 2023 Hdfc Bank Limited ₹0.89 M Open
12 Jun 2023 Hdfc Bank Limited ₹1.00 Cr Open
12 Jun 2023 Hdfc Bank Limited ₹1.65 Cr Open
12 Jun 2023 Hdfc Bank Limited ₹6.30 M Open
13 Mar 2022 Hdfc Bank Limited ₹1.10 Cr Open

How Many Employees Work at Bhasin Materials?

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

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.89 M with Charge ID 100812886 was registered on 21 Jul 2023.

    21 Jul 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 10.00 M with Charge ID 100735625 was registered on 12 Jun 2023.

    12 Jun 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 16.50 M with Charge ID 100736336 was registered on 12 Jun 2023.

    12 Jun 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 6.30 M with Charge ID 100736337 was registered on 12 Jun 2023.

    12 Jun 2023

  • Balance Sheet

    Bhasin Materials Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

Frequently asked questions

  • Bhasin Materials Private Limited was incorporated on 03 Jul 1987.

  • The authorized share capital of Bhasin Materials Private Limited is ₹ 5.00 M and paid-up capital is ₹ 1.59 M.

  • Currently 2 directors are associated with Bhasin Materials Private Limited.

    • Namita Yash Bhasin
    • Jagdishkumar Deshraj Bhasin
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bhasin Materials Private Limited is C/O Ramesh Bhasin Chhindwara Road Behind Wox Cooler Factory, India, Nagpur, Maharashtra, 440013.

  • The corporate identification number (CIN) of Bhasin Materials Private Limited is U51101MH1987PTC043981 and the company number is 043981 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Bhasin Materials Private Limited has fallen by -70.72%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Bhasin Materials Private Limited has experienced an upsurge of 7.44%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Bhasin Materials Private Limited amount to ₹ 8.31 Cr.

  • The most recent Balance Sheet for Bhasin Materials Private Limited was filed with the ROC on 31 Mar 2023.

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