Bhimashankar Sugar Mills Private Limited

Produces and sells sugar and related products since 2000 in Maharashtra.

2000 | Usmanabad, Maharashtra (India) | Active
Last Updated: July 17, 2024

Bhimashankar Sugar Mills Profile

Key Indicators

  • Authorised Capital ₹ 9.00 Cr
  • Paid Up Capital ₹ 8.47 Cr
  • Company Age 24 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 15.00 Cr
  • Satisfied Charges ₹ 47.00 Cr
  • Revenue Growth -61.64%
  • Profit Growth 106.41%
  • Ebitda 43.15%
  • Net Worth 1.22%
  • Total Assets 53.28%

About Bhimashankar Sugar Mills

Bhimashankar Sugar Mills Private Limited (BSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 June 2000 and has a history of 24 years and seven months. Its registered office is in Usmanabad, Maharashtra, India.

The Corporate was formerly known as Bhimashankar Sugar Mills Limited. The Company is engaged in the Agriculture 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 9.00 Cr and a paid-up capital of Rs 8.47 Cr.

The company currently has active open charges totaling ₹15.00 Cr. The company has closed loans amounting to ₹47.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Popat Mote, Chaya Lodha, Tarachand Dungarwal, and Five other members serve as directors at the Company.

Company Details

  • Location

    Usmanabad, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15422MH2000PTC127208

  • Company No.

    127208

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Jun 2000

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Agriculture

Who are the key members and board of directors at Bhimashankar Sugar Mills?

Executive Team (1)

Name Designation Appointment Date Status
Nitin Lodha Country flag representing In Managing Director 19-Jul-2014 Current

Board Members (7)

Name Designation Appointment Date Status
Popat Mote Country flag representing In Director 30-Sep-2004 Current
Chaya Lodha Country flag representing In Director 30-Sep-2004 Current
Tarachand Dungarwal Country flag representing In Director 01-Dec-2009 Current
Baburao Mitkari Country flag representing In Director 01-Dec-2009 Current
Ganesh Mitkari Country flag representing In Director 18-Feb-2022 Current
Sonali Nitinkumar Country flag representing In Director 18-Feb-2022 Current

Financial Performance of Bhimashankar Sugar Mills.

Bhimashankar Sugar Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 61.64% decrease. The company also saw a substantial improvement in profitability, with a 106.41% increase in profit. The company's net worth moved up by a moderate rise of 1.22%.

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
-61.64%
Revenue from Operations
-61.67%
Total Assets
53.28%
Profit or Loss
106.41%
Net Worth
1.22%
EBITDA
43.15%

What is the Ownership and Shareholding Structure of Bhimashankar Sugar Mills?

In 2023, Bhimashankar Sugar Mills had a promoter holding of 33.42% and a public holding of 66.58%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹15.00 Cr

Satisfied Charges

₹47.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 15.00 Cr

Latest Charge Details

Date Lender Amount Status
05 Sep 2023 Others ₹15.00 Cr Open
21 Nov 2022 Others ₹19.00 Cr Satisfied
08 Feb 2021 Others ₹5.00 Cr Satisfied
24 Nov 2020 Others ₹10.00 Cr Satisfied
13 Mar 2019 Others ₹6.00 Cr Satisfied

How Many Employees Work at Bhimashankar Sugar Mills?

Bhimashankar Sugar Mills has a workforce of 33 employees as of Mar 28, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bhimashankar Sugar Mills, 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 Bhimashankar Sugar Mills'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 Bhimashankar Sugar Mills

Recent activity within the organization

  • Annual General Meeting

    Bhimashankar Sugar Mills 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 Others amounted to Rs. 15.00 Cr with Charge ID 100785925 was registered on 05 Sep 2023.

    05 Sep 2023

  • Charges

    A charge registered on 21 Nov 2022 via Charge ID 100655696 with Others was fully satisfied on 30 Aug 2023.

    30 Aug 2023

  • Charges

    A charge with Others of Rs. 19.00 Cr registered on 21 Nov 2022 with Charge ID 100655696 was modified on 18 Apr 2023.

    18 Apr 2023

  • Balance Sheet

    Bhimashankar Sugar Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 19.00 Cr with Charge ID 100655696 was registered on 21 Nov 2022.

    21 Nov 2022

Frequently asked questions

  • Bhimashankar Sugar Mills Private Limited was incorporated on 16 Jun 2000.

  • The authorized share capital of Bhimashankar Sugar Mills Private Limited is ₹ 9.00 Cr and paid-up capital is ₹ 8.47 Cr.

  • Currently 8 directors are associated with Bhimashankar Sugar Mills Private Limited.

    • Popat Sukhdev Mote
    • Chaya Satish Lodha
    • Tarachand Pannalal Dungarwal
    • Baburao Rameshwar Mitkari
    • Ganesh Vasant Mitkari
    • Nitin Satish Lodha
    • Sonali Lodha Nitinkumar
    • Dattatraya Narhari Khawale
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bhimashankar Sugar Mills Private Limited is Village Pargaontal Washi, Usmanabad, Maharashtra, India, 413526.

  • The corporate identification number (CIN) of Bhimashankar Sugar Mills Private Limited is U15422MH2000PTC127208 and the company number is 127208 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bhimashankar Sugar Mills Private Limited has fallen by -61.64%.

  • As Per 2023 financial reports, 33 employees are currently employed by Bhimashankar Sugar Mills Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bhimashankar Sugar Mills Private Limited has experienced an upsurge of 1.22%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bhimashankar Sugar Mills Private Limited amount to ₹ 15.00 Cr.

  • The most recent Balance Sheet for Bhimashankar Sugar Mills Private Limited was filed with the ROC on 31 Mar 2023.

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