Bhingare Castings Private Limited

Manufactures precision machined components and castings for various industries, including automotive, defense, and healthcare.

2010 | Ahmednagar, Maharashtra (India) | Active
Last Updated: July 17, 2024

Bhingare Castings Profile

Key Indicators

  • Authorised Capital ₹ 7.00 M
  • Paid Up Capital ₹ 7.00 M
  • Company Age 14 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.30 Cr
  • Satisfied Charges ₹ 5.11 Cr
  • Revenue Growth 45.74%
  • Profit Growth 65.45%
  • Ebitda 31.65%
  • Net Worth -2.75%
  • Total Assets 1.30%

About Bhingare Castings

Bhingare Castings Private Limited (BCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 February 2010 and has a history of 14 years and 11 months. Its registered office is in Ahmednagar, Maharashtra, India.

The Company is engaged in the Machinery And Equipment 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 7.00 M and a paid-up capital of Rs 7.00 M.

The company currently has active open charges totaling ₹6.30 Cr. The company has closed loans amounting to ₹5.11 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jyoti Bhingare and Suhas Bhingare serve as directors at the Company.

Company Details

  • Location

    Ahmednagar, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27310PN2010PTC135624

  • Company No.

    135624

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Feb 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Machinery and Equipment
Manufacturing

What products or services does Bhingare Castings Private Limited offer?

Bhingare Castings Private Limited offers a wide range of products and services, including Rocker Arm Assembly, Rocker Arms, Food Processing Machine, Food Machine Parts, Forged Components, Forged Automotive Components, Industrial Engineering Components, Sheet Metal & Turned Components, Machine Parts, Industrial Pipe & Tube Fittings.

Who are the key members and board of directors at Bhingare Castings?

Board Members (2)

Name Designation Appointment Date Status
Suhas Bhingare Country flag representing In Director 18-Feb-2010 Current
Jyoti Bhingare Country flag representing In Director 01-Jul-2012 Current

Financial Performance of Bhingare Castings.

Bhingare Castings Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 45.74% increase. The company also saw a substantial improvement in profitability, with a 65.45% increase in profit. The company's net worth dipped by a decrease of 2.75%.

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
45.74%
Revenue from Operations
45.72%
Total Assets
1.30%
Profit or Loss
65.45%
Net Worth
-2.75%
EBITDA
31.65%

What is the Ownership and Shareholding Structure of Bhingare Castings?

In 2023, Bhingare Castings 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

₹63.04 M

Satisfied Charges

₹51.08 M

Charges Breakdown by Lending Institutions

  • Others : 5.15 Cr
  • State Bank Of India : 1.15 Cr

Latest Charge Details

Date Lender Amount Status
27 Nov 2023 Others ₹2.45 Cr Open
05 Aug 2021 Others ₹2.70 Cr Open
30 Sep 2011 State Bank Of India ₹1.15 Cr Open
20 Sep 2016 Others ₹1.98 Cr Satisfied
13 Jul 2015 Electronica Finance Limited ₹1.30 Cr Satisfied

How Many Employees Work at Bhingare Castings?

Bhingare Castings has a workforce of 26 employees as of Apr 09, 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 Bhingare Castings, 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 Bhingare Castings'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 Bhingare Castings

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 27.04 M registered on 05 Aug 2021 with Charge ID 100482143 was modified on 30 Nov 2023.

    30 Nov 2023

  • Charges

    A charge with Others amounted to Rs. 24.50 M with Charge ID 100846147 was registered on 27 Nov 2023.

    27 Nov 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Bhingare Castings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Charges

    A charge registered on 20 Sep 2016 via Charge ID 100077857 with Others was fully satisfied on 02 Sep 2021.

    02 Sep 2021

  • Charges

    A charge with Others amounted to Rs. 27.04 M with Charge ID 100482143 was registered on 05 Aug 2021.

    05 Aug 2021

Frequently asked questions

  • Bhingare Castings Private Limited was incorporated on 18 Feb 2010.

  • The authorized share capital of Bhingare Castings Private Limited is ₹ 7.00 M and paid-up capital is ₹ 7.00 M.

  • Currently 2 directors are associated with Bhingare Castings Private Limited.

    • Jyoti Suhas Bhingare
    • Suhas Karbhari Bhingare
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bhingare Castings Private Limited is F-9 Midc Area, Ahmednagar, Maharashtra, India, 414111.

  • The corporate identification number (CIN) of Bhingare Castings Private Limited is U27310PN2010PTC135624 and the company number is 135624 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bhingare Castings Private Limited is https://www.bhingarecastings.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bhingare Castings Private Limited has risen by 45.74%.

  • As Per 2023 financial reports, 26 employees are currently employed by Bhingare Castings Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bhingare Castings Private Limited has experienced an downturn of -2.75%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bhingare Castings Private Limited amount to ₹ 6.30 Cr.

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

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