Bico Twitex Private Limited

Produces polyester yarn and weaves grey fabrics.

1988 | Surat, Gujarat (India) | Active
Last Updated:

Bico Twitex Profile

Key Indicators

  • Authorised Capital ₹ 1.20 Cr
  • Paid Up Capital ₹ 1.16 Cr
  • Company Age 36 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 50.26 Cr
  • Satisfied Charges ₹ 9.30 Cr
  • Revenue Growth 114.92%
  • Profit Growth 140.51%
  • Ebitda 156.46%
  • Net Worth 112.37%
  • Total Assets 152.06%

About Bico Twitex

Bico Twitex Private Limited (BTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 August 1988 and has a history of 36 years and eight months. Its registered office is in Surat, Gujarat, India.

The Company is engaged in the Manufacturing 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 1.20 Cr and a paid-up capital of Rs 1.16 Cr.

The company currently has active open charges totaling ₹50.26 Cr. The company has closed loans amounting to ₹9.30 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nishith Gulati, Vimal Gulati, and Amita Gulati serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17119GJ1988PTC011168

  • Company No.

    011168

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Aug 1988

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing
Company report

Bico Twitex Private Limited

Explore comprehensive data for Bico Twitex Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Bico Twitex?

Board Members (3)

NameDesignationAppointment DateStatus
Nishith Gulati Country flag representing In Director 13-Dec-1999Current
Vimal Gulati Country flag representing In Director 13-Dec-1999Current
Amita Gulati Country flag representing In Director 17-Aug-2002Current

Financial Performance of Bico Twitex.

Bico Twitex Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 114.92% increase. The company also saw a substantial improvement in profitability, with a 140.51% increase in profit. The company's net worth Soared by an impressive increase of 112.37%.

Bico Twitex revenue growth over time
Bico Twitex 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
114.92%
Revenue from Operations
114.66%
Total Assets
152.06%
Profit or Loss
140.51%
Net Worth
112.37%
EBITDA
156.46%

What is the Ownership and Shareholding Structure of Bico Twitex?

In 2023, Bico Twitex had a promoter holding of 55.38% and a public holding of 44.62%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹50.26 Cr

Satisfied Charges

₹9.30 Cr

Charges Breakdown by Lending Institutions

  • Others : 50.26 Cr

Latest Charge Details

DateLenderAmountStatus
27 Jun 2024Others₹4.20 MOpen
04 Jun 2020Others₹5.70 MOpen
20 Sep 2018Others₹9.97 CrOpen
19 Jan 2016Others₹32.60 CrOpen
15 Oct 2010Others₹6.70 CrOpen

How Many Employees Work at Bico Twitex?

Bico Twitex has a workforce of 3 employees as of Apr 05, 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.

Employee growth trends for Bico Twitex Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bico Twitex, 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 Bico Twitex'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 Bico Twitex

Recent activity within the organization

  • Annual General Meeting

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

  • Charges

    A charge with Others amounted to Rs. 0.42 Cr with Charge ID 100942972 was registered on 27 Jun 2024.

  • Charges

    A charge registered on 18 Feb 2021 via Charge ID 100419658 with Others was fully satisfied on 15 Jun 2024.

  • Balance Sheet

    Bico Twitex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Others of Rs. 32.60 Cr registered on 19 Jan 2016 with Charge ID 10619147 was modified on 26 Mar 2024.

  • Charges

    A charge with Others of Rs. 9.97 Cr registered on 20 Sep 2018 with Charge ID 100207645 was modified on 25 Feb 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Bico Twitex Private Limited?

    Bico Twitex Private Limited was incorporated on 26 Aug 1988.

  • What is authorized share capital and paid-up capital of Bico Twitex Private Limited?

    The authorized share capital of Bico Twitex Private Limited is ₹ 1.20 Cr and paid-up capital is ₹ 1.16 Cr.

  • Who are the current board members & directors of Bico Twitex Private Limited?

    Currently 3 directors are associated with Bico Twitex Private Limited.

    • Nishith Yogeshchandra Gulati
    • Vimal Yogesh Chandra Gulati
    • Amita Nishith Gulati
  • What is the registered address of Bico Twitex Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Bico Twitex Private Limited is S No 120/1/A Opp Jalaramrestaurant Village Mota Borsara Ta Mangrol India, Dist Surat, Gujarat, 394110.

  • What is the corporate identification number (CIN) and company number of Bico Twitex Private Limited?

    The corporate identification number (CIN) of Bico Twitex Private Limited is U17119GJ1988PTC011168 and the company number is 011168 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Bico Twitex Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Bico Twitex Private Limited has risen by 114.92%.

  • How many employees does Bico Twitex Private Limited currently have?

    As Per 2023 financial reports, 3 employees are currently employed by Bico Twitex Private Limited.

  • What change has been observed in the net worth of Bico Twitex Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Bico Twitex Private Limited has experienced an upsurge of 112.37%.

  • What are the total open charges for Bico Twitex Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Bico Twitex Private Limited amount to ₹ 50.26 Cr.

  • When was the last Balance Sheet of Bico Twitex Private Limited filed with the ROC?

    The most recent Balance Sheet for Bico Twitex Private Limited was filed with the ROC on 31 Mar 2024.

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