Bhatia Electric Stores Private Limited

Electrical equipment trading company with two showrooms offering home and building components from top brands.

1998 | Punjab, Punjab (India) | Active
Last Updated:

Bhatia Electric Stores Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 27 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 10.23 Cr
  • Satisfied Charges ₹ 3.56 Cr
  • Revenue Growth 25.60%
  • Profit Growth 35.86%
  • Ebitda 0.15%
  • Net Worth 17.59%
  • Total Assets 17.67%

About Bhatia Electric Stores

Bhatia Electric Stores Private Limited (BESPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 March 1998 and has a history of 27 years and two months. Its registered office is in Punjab, Punjab.

The Company is engaged in the Consumer Electronics & Durables 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 0.50 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹10.23 Cr. The company has closed loans amounting to ₹3.56 Cr, as per Ministry of Corporate Affairs (MCA) records.

Saran Singh, Guneetpal Singh, and Tejinder Singh serve as directors at the Company.

Company Details

  • Location Punjab, Punjab
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U32109PB1998PTC021170

  • Company No.

    021170

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Mar 1998

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Consumer Electronics & Durables
Company report

Bhatia Electric Stores Private Limited

Explore comprehensive data for Bhatia Electric Stores Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Bhatia Electric Stores?

Board Members (3)

NameDesignationAppointment DateStatus
Saran Singh Country flag representing In Director 01-Dec-2014Current
Guneetpal Singh Country flag representing In Director 27-Jan-2015Current
Tejinder Singh Country flag representing In Director 12-Mar-1998Current

Financial Performance of Bhatia Electric Stores.

Bhatia Electric Stores Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.6% increase. The company also saw a substantial improvement in profitability, with a 35.86% increase in profit. The company's net worth Soared by an impressive increase of 17.59%.

Bhatia Electric Stores revenue growth over time
Bhatia Electric Stores 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
25.60%
Revenue from Operations
25.44%
Total Assets
17.67%
Profit or Loss
35.86%
Net Worth
17.59%
EBITDA
0.15%

What is the Ownership and Shareholding Structure of Bhatia Electric Stores?

In 2023, Bhatia Electric Stores 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

₹102.30 M

Satisfied Charges

₹35.60 M

Charges Breakdown by Lending Institutions

  • Others : 10.23 Cr

Latest Charge Details

DateLenderAmountStatus
19 Sep 2023Others₹10.00 CrOpen
01 Feb 2021Others₹2.30 MOpen
06 Jul 2020Others₹3.10 MSatisfied
03 Jan 2020Others₹2.90 CrSatisfied
18 Jul 2007Centurion Bank Of Punjab Ltd.₹3.50 MSatisfied

How Many Employees Work at Bhatia Electric Stores?

Unlock and access historical data on people associated with Bhatia Electric Stores, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Bhatia Electric Stores Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bhatia Electric Stores, 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 Bhatia Electric Stores'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 Bhatia Electric Stores

Recent activity within the organization

  • Annual General Meeting

    Bhatia Electric Stores Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others of Rs. 100.00 M registered on 19 Sep 2023 with Charge ID 100844076 was modified on 29 Jun 2024.

  • Balance Sheet

    Bhatia Electric Stores Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

  • Charges

    A charge with Others amounted to Rs. 100.00 M with Charge ID 100844076 was registered on 19 Sep 2023.

  • Charges

    A charge registered on 06 Jul 2020 via Charge ID 100368416 with Others was fully satisfied on 21 May 2021.

  • Charges

    A charge registered on 03 Jan 2020 via Charge ID 100364158 with Others was fully satisfied on 21 May 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Bhatia Electric Stores Private Limited?

    Bhatia Electric Stores Private Limited was incorporated on 12 Mar 1998.

  • What is authorized share capital and paid-up capital of Bhatia Electric Stores Private Limited?

    The authorized share capital of Bhatia Electric Stores Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Bhatia Electric Stores Private Limited?

    Currently 3 directors are associated with Bhatia Electric Stores Private Limited.

    • Saran Pal Singh
    • Guneetpal Singh
    • Tejinder Pal Singh

  • What is the registered address of Bhatia Electric Stores Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Bhatia Electric Stores Private Limited is Adda Hoshiarpur, Jalandhar India, Punjab.

  • What is the corporate identification number (CIN) and company number of Bhatia Electric Stores Private Limited?

    The corporate identification number (CIN) of Bhatia Electric Stores Private Limited is U32109PB1998PTC021170 and the company number is 021170 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Bhatia Electric Stores Private Limited?

    The Official website of Bhatia Electric Stores Private Limited is https://www.bhatiaelectric.com

  • What has been the recent revenue trend for Bhatia Electric Stores Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Bhatia Electric Stores Private Limited has risen by 25.60%.

  • What change has been observed in the net worth of Bhatia Electric Stores Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Bhatia Electric Stores Private Limited has experienced an upsurge of 17.59%.

  • What are the total open charges for Bhatia Electric Stores Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Bhatia Electric Stores Private Limited amount to ₹ 10.23 Cr.

  • When was the last Balance Sheet of Bhatia Electric Stores Private Limited filed with the ROC?

    The most recent Balance Sheet for Bhatia Electric Stores Private Limited was filed with the ROC on 31 Mar 2024.

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