Biltube Industries Limited

Provides cylindrical packaging solutions for various industries with global manufacturing facilities.

2004 | Kolhapur, Maharashtra (India) | Active
Last Updated: January 01, 2025

Biltube Industries Profile

Key Indicators

  • Authorised Capital ₹ 62.00 Cr
  • Paid Up Capital ₹ 61.94 Cr
  • Company Age 20 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 602.47 Cr
  • Satisfied Charges ₹ 121.38 Cr
  • Revenue Growth -53.91%
  • Profit Growth -502.75%
  • Ebitda -84.37%
  • Net Worth -8.59%
  • Total Assets -11.59%

About Biltube Industries

Biltube Industries Limited (BIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 March 2004 and has a history of 20 years and ten months. Its registered office is in Kolhapur, Maharashtra, India.

The Corporate was formerly known as Siddharth Core Boards Private Limited. The Company is engaged in the Packaging 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 62.00 Cr and a paid-up capital of Rs 61.94 Cr.

The company currently has active open charges totaling ₹602.47 Cr. The company has closed loans amounting to ₹121.38 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Biltube Industries Limited India is Ganesh Rakshe as CFO. Kiran Bhandari, Prakash Bhandari, and Ilahi Mulani serve as directors at the Company.

Company Details

  • Location

    Kolhapur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U21093PN2004PLC018983

  • Company No.

    018983

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Mar 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Packaging

What products or services does Biltube Industries Limited offer?

Biltube Industries Limited offers a wide range of products and services, including Paper Tube, Paper Cones, Paper Cores, Bobbin, Textile Bobbins, Polyester Thread, Spun Polyester Thread, Protective Packing Materials, Protective Packaging, Packaging Films & Foils.

Who are the key members and board of directors at Biltube Industries?

Executive Team (3)

Name Designation Appointment Date Status
Kiran Bhandari Country flag representing In Managing Director 24-Mar-2005 Current
Prakash Bhandari Country flag representing In Managing Director 29-Sep-2007 Current
Ganesh Rakshe CFO 09-Nov-2023 Current

Board Members (1)

Name Designation Appointment Date Status
Ilahi Mulani Country flag representing In Additional Director 01-Sep-2017 Current

Financial Performance of Biltube Industries.

Biltube Industries Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 53.91% decrease. The company also saw a substantial fall in profitability, with a 502.75% decrease in profit. The company's net worth dipped by a decrease of 8.59%.

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
-53.91%
Revenue from Operations
-48.21%
Total Assets
-11.59%
Profit or Loss
-502.75%
Net Worth
-8.59%
EBITDA
-84.37%

What is the Ownership and Shareholding Structure of Biltube Industries?

In 2021, Biltube Industries had a promoter holding of 93.92% and a public holding of 6.08%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹602.47 Cr

Satisfied Charges

₹121.38 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 450.00 Cr
  • Others : 152.47 Cr

Latest Charge Details

Date Lender Amount Status
08 Sep 2010 Sbicap Trustee Company Limited ₹150.00 Cr Open
08 Sep 2010 Sbicap Trustee Company Limited ₹300.00 Cr Open
28 Feb 2009 Others ₹25.00 Cr Open
19 Mar 2008 Others ₹127.47 Cr Open
01 Oct 2009 Axis Bank Limited ₹23.00 Cr Satisfied

How Many Employees Work at Biltube Industries?

Biltube Industries has a workforce of 109 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 Biltube Industries, 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 Biltube Industries'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 Biltube Industries

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 127.47 Cr registered on 19 Mar 2008 with Charge ID 10101739 was modified on 16 Nov 2023.

    16 Nov 2023

  • Director Appointment

    Ganesh Devram Rakshe was appointed as a Cfo was appointed as a Cfo on 09 Nov 2023 & has been associated with this company since 1 year 2 months .

    09 Nov 2023

  • Annual General Meeting

    Biltube Industries 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 of Rs. 25.00 Cr registered on 28 Feb 2009 with Charge ID 10150350 was modified on 19 Aug 2023.

    19 Aug 2023

  • Balance Sheet

    Biltube Industries 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 01 Oct 2009 via Charge ID 10179238 with Axis Bank Limited was fully satisfied on 20 Oct 2021.

    20 Oct 2021

Frequently asked questions

  • Biltube Industries Limited was incorporated on 05 Mar 2004.

  • The authorized share capital of Biltube Industries Limited is ₹ 62.00 Cr and paid-up capital is ₹ 61.94 Cr.

  • Currently 4 directors are associated with Biltube Industries Limited.

    • Kiran Harakchand Bhandari
    • Prakash Harakchand Bhandari
    • Ganesh Devram Rakshe
    • Ilahi Rajjap Mulani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Biltube Industries Limited is Gat No. 1172 To 1178 At Post Kodoli, Taluka Panha District India, Kolhapur, Maharashtra, 416114.

  • The corporate identification number (CIN) of Biltube Industries Limited is U21093PN2004PLC018983 and the company number is 018983 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Biltube Industries Limited is https://www.biltube.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Biltube Industries Limited has fallen by -53.91%.

  • As Per 2021 financial reports, 109 employees are currently employed by Biltube Industries Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Biltube Industries Limited has experienced an downturn of -8.59%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Biltube Industries Limited amount to ₹ 602.47 Cr.

  • The most recent Balance Sheet for Biltube Industries Limited was filed with the ROC on 31 Mar 2023.

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