Bimal Auto Agency India Private Limited

Family-owned car dealership with multiple locations and driving schools in Bangalore.

2011 | Bangaluru, Karnataka (India) | Active
Last Updated: November 15, 2024

Bimal Auto Agency India Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.99 M
  • Company Age 13 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 214.79 Cr
  • Satisfied Charges ₹ 34.00 Cr
  • Revenue Growth 47.71%
  • Profit Growth 13.93%
  • Ebitda 14.76%
  • Net Worth 26.33%
  • Total Assets 51.22%

About Bimal Auto Agency India

Bimal Auto Agency India Private Limited (BAAIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 February 2011 and has a history of 13 years and 11 months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Automotive 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 5.00 M and a paid-up capital of Rs 4.99 M.

The company currently has active open charges totaling ₹214.79 Cr. The company has closed loans amounting to ₹34.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Naveen Sarawgi, Bhag Sarawgi, and Sumit Sarawgi serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U50200KA2011PTC057048

  • Company No.

    057048

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Feb 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Automotive

What products or services does Bimal Auto Agency India Private Limited offer?

Bimal Auto Agency India Private Limited offers a wide range of products and services, including Vocational Education and Training, Vocational Training, Automotive Repair Tools & Equipments, Training Simulators.

Who are the key members and board of directors at Bimal Auto Agency India?

Board Members (3)

NameDesignationAppointment DateStatus
Naveen Sarawgi Country flag representing In Whole-Time Director 11-Feb-2011Current
Bhag Sarawgi Country flag representing In Whole-Time Director 11-Feb-2011Current
Sumit Sarawgi Country flag representing In Director 11-Feb-2011Current

Financial Performance of Bimal Auto Agency India.

Bimal Auto Agency India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 47.71% increase. The company also saw a substantial improvement in profitability, with a 13.93% increase in profit. The company's net worth Soared by an impressive increase of 26.33%.

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
47.71%
Revenue from Operations
47.71%
Total Assets
51.22%
Profit or Loss
13.93%
Net Worth
26.33%
EBITDA
14.76%

What is the Ownership and Shareholding Structure of Bimal Auto Agency India?

In 2023, Bimal Auto Agency India 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

₹2,147.85 M

Satisfied Charges

₹340.00 M

Charges Breakdown by Lending Institutions

  • Others : 145.65 Cr
  • Hdfc Bank Limited : 49.14 Cr
  • Axis Bank Limited : 10.00 Cr
  • Indian Bank : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
26 Dec 2023Indian Bank₹10.00 CrOpen
31 Oct 2023Axis Bank Limited₹10.00 CrOpen
13 Sep 2023Others₹25.00 CrOpen
11 Jul 2022Others₹9.50 CrOpen
02 Mar 2020Others₹19.50 CrOpen

How Many Employees Work at Bimal Auto Agency India?

Bimal Auto Agency India has a workforce of 1420 employees as of Apr 07, 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 Bimal Auto Agency India, 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 Bimal Auto Agency India'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 Bimal Auto Agency India

Recent activity within the organization

  • Annual General Meeting

    Bimal Auto Agency India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others of Rs. 766.50 M registered on 03 Aug 2015 with Charge ID 10587158 was modified on 16 Aug 2024.

    16 Aug 2024

  • Charges

    A charge registered on 17 May 2023 via Charge ID 100728704 with Others was fully satisfied on 02 Aug 2024.

    02 Aug 2024

  • Balance Sheet

    Bimal Auto Agency India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Indian Bank amounted to Rs. 100.00 M with Charge ID 100844673 was registered on 26 Dec 2023.

    26 Dec 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 100.00 M with Charge ID 100809607 was registered on 31 Oct 2023.

    31 Oct 2023

Frequently asked questions

  • Bimal Auto Agency India Private Limited was incorporated on 11 Feb 2011.

  • The authorized share capital of Bimal Auto Agency India Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.99 M.

  • Currently 3 directors are associated with Bimal Auto Agency India Private Limited.

    • Naveen Kumar Sarawgi
    • Bhag Chand Sarawgi
    • Sumit Kumar Sarawgi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bimal Auto Agency India Private Limited is 60/2, Mahadevapura Whitefield Road India, Bangalore, Karnataka, 560048.

  • The corporate identification number (CIN) of Bimal Auto Agency India Private Limited is U50200KA2011PTC057048 and the company number is 057048 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bimal Auto Agency India Private Limited is https://www.bimalmaruti.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bimal Auto Agency India Private Limited has risen by 47.71%.

  • As Per 2023 financial reports, 1420 employees are currently employed by Bimal Auto Agency India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bimal Auto Agency India Private Limited has experienced an upsurge of 26.33%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bimal Auto Agency India Private Limited amount to ₹ 214.79 Cr.

  • The most recent Balance Sheet for Bimal Auto Agency India Private Limited was filed with the ROC on 31 Mar 2024.