Biax Electric And Controls Private Limited

Manufactures electrical, construction, plumbing, and fluid control components for global distribution.

2001 | Mumbai, Maharashtra (India) | Active
Last Updated: July 07, 2024

Biax Electric And Controls Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 10.00 M
  • Company Age 23 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 33.64 Cr
  • Revenue Growth -52.80%
  • Profit Growth -45.94%
  • Net Worth 23.97%
  • Total Assets 0.38%

About Biax Electric And Controls

Biax Electric And Controls Private Limited (BEACPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 September 2001 and has a history of 23 years and four months. Its registered office is in Mumbai, 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 1.00 Cr and a paid-up capital of Rs 10.00 M.

The company currently has active open charges totaling ₹33.64 Cr.

Kanan Shah and Malay Shah serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    biaxgroup.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31909MH2001PTC133407

  • Company No.

    133407

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Sep 2001

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Biax Electric And Controls Private Limited offer?

Biax Electric And Controls Private Limited offers a wide range of products and services, including Cables & Wiring Components, Cable Gland and Accessories, Barware and Bar Accessories, Bar Accessories, Metal Pipe & Plumbing Fittings, Pipe Clamps, Electrical Conduits and Fittings, Flexible Conduits, Cable Accessories, Pipe Adapters.

Who are the key members and board of directors at Biax Electric And Controls?

Board Members (2)

Name Designation Appointment Date Status
Kanan Shah Country flag representing In Director 19-Sep-2001 Current
Malay Shah Country flag representing In Director 19-Sep-2001 Current

Financial Performance of Biax Electric And Controls.

Biax Electric And Controls Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 52.8% decrease. The company also saw a substantial fall in profitability, with a 45.94% decrease in profit. The company's net worth Soared by an impressive increase of 23.97%.

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
-52.80%
Revenue from Operations
Total Assets
0.38%
Profit or Loss
-45.94%
Net Worth
23.97%
EBITDA

What is the Ownership and Shareholding Structure of Biax Electric And Controls?

In 2021, Biax Electric And Controls had a promoter holding of 85.00% and a public holding of 15.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹33.64 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of India : 26.14 Cr
  • Others : 7.50 Cr

Latest Charge Details

Date Lender Amount Status
10 Jun 2016 Others ₹7.50 Cr Open
22 Oct 2008 Bank Of India ₹12.29 Cr Open
25 Aug 2007 Bank Of India ₹1.90 Cr Open
07 Feb 2006 Bank Of India ₹9.50 M Open
07 Feb 2006 Bank Of India ₹11.00 Cr Open

How Many Employees Work at Biax Electric And Controls?

Unlock and access historical data on people associated with Biax Electric And Controls, 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 Biax Electric And Controls, 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 Biax Electric And Controls'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 Biax Electric And Controls

Recent activity within the organization

  • Annual General Meeting

    Biax Electric And Controls Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Biax Electric And Controls 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. 7.50 Cr with Charge ID 100045523 was registered on 10 Jun 2016.

    10 Jun 2016

  • Charges

    A charge with Bank Of India of Rs. 11.00 Cr registered on 07 Feb 2006 with Charge ID 80002277 was modified on 03 Feb 2012.

    03 Feb 2012

  • Charges

    A charge with Bank Of India amounted to Rs. 12.29 Cr with Charge ID 10128699 was registered on 22 Oct 2008.

    22 Oct 2008

  • Charges

    A charge with Bank Of India amounted to Rs. 1.90 Cr with Charge ID 10096207 was registered on 25 Aug 2007.

    25 Aug 2007

Frequently asked questions

  • Biax Electric And Controls Private Limited was incorporated on 19 Sep 2001.

  • The authorized share capital of Biax Electric And Controls Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 10.00 M.

  • Currently 2 directors are associated with Biax Electric And Controls Private Limited.

    • Kanan Malay Shah
    • Malay Kantilal Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Biax Electric And Controls Private Limited is A/55 New Empire Premises Chs Ltd Kondivata Lane J B Nagar Andheri East, Mumbai, Maharashtra, India, 400059.

  • The corporate identification number (CIN) of Biax Electric And Controls Private Limited is U31909MH2001PTC133407 and the company number is 133407 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Biax Electric And Controls Private Limited is https://www.biaxgroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Biax Electric And Controls Private Limited has fallen by -52.80%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Biax Electric And Controls Private Limited has experienced an upsurge of 23.97%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Biax Electric And Controls Private Limited amount to ₹ 33.64 Cr.

  • The most recent Balance Sheet for Biax Electric And Controls Private Limited was filed with the ROC on 31 Mar 2023.

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