Bipico Industries (Tools) Private Limited

Manufacturer of industrial saws, tools, and accessories since 1972, based in Mumbai.

1972 | Mumbai, Maharashtra (India) | Active
Last Updated:

Bipico Industries (Tools) Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.99 Cr
  • Company Age 53 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 33.26 Cr
  • Satisfied Charges ₹ 26.26 Cr
  • Revenue Growth 27.09%
  • Profit Growth 118.39%
  • Ebitda 53.86%
  • Net Worth 1.59%
  • Total Assets 18.21%

About Bipico Industries (Tools)

Bipico Industries (Tools) Private Limited (BITPL) was founded in India on 18 February 1972 and has a glorious history of 53 years and one month. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Bipico Industries (Tools) Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.99 Cr.

The company currently has active open charges totaling ₹33.26 Cr. The company has closed loans amounting to ₹26.26 Cr, as per Ministry of Corporate Affairs (MCA) records.

Pramit Patel, Kinnary Patel, Mihir Patel, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29220MH1972PTC015621

  • Company No.

    015621

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Feb 1972

  • Date of AGM

    16 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Bipico Industries (Tools) Private Limited offer?

Bipico Industries (Tools) Private Limited offers a wide range of products and services, including Abrasives & Grains, Abrasive Discs, Saw Blades & Grinding Wheels, Hacksaw, Planer & Jigsaw Blades, Industrial Blades, Band Saw Blades, Power Saw, Saws, Cutting Wheels, Cut Off Wheel.

Company report

Bipico Industries (Tools) Private Limited

Explore comprehensive data for Bipico Industries (Tools) Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Bipico Industries (Tools)?

Executive Team (1)

NameDesignationAppointment DateStatus
Pramit Patel Country flag representing In Managing Director12-Jun-1992Current

Board Members (3)

NameDesignationAppointment DateStatus
Kinnary Patel Country flag representing In Whole-Time Director 08-Sep-2003Current
Mihir Patel Country flag representing In Director 08-Jun-2022Current
Meha Patel Country flag representing In Director 13-Dec-2022Current

Financial Performance of Bipico Industries (Tools).

Bipico Industries (Tools) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 27.09% increase. The company also saw a substantial improvement in profitability, with a 118.39% increase in profit. The company's net worth moved up by a moderate rise of 1.59%.

Bipico Industries (Tools) revenue growth over time
Bipico Industries (Tools) 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
27.09%
Revenue from Operations
27.12%
Total Assets
18.21%
Profit or Loss
118.39%
Net Worth
1.59%
EBITDA
53.86%

What is the Ownership and Shareholding Structure of Bipico Industries (Tools)?

In 2023, Bipico Industries (Tools) 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

₹33.26 Cr

Satisfied Charges

₹26.26 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 33.24 Cr
  • Bank Of Baroda : 0.02 Cr

Latest Charge Details

DateLenderAmountStatus
24 Oct 2019Hdfc Bank Limited₹33.24 CrOpen
03 Aug 1974Bank Of Baroda₹0.20 MOpen
29 Apr 2016Others₹1.20 CrSatisfied
27 Apr 2007Bank Of Baroda₹1.20 CrSatisfied
15 Oct 2003Bank Of Baroda₹0.85 MSatisfied

How Many Employees Work at Bipico Industries (Tools)?

Bipico Industries (Tools) has a workforce of 239 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.

Employee growth trends for Bipico Industries (Tools) Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bipico Industries (Tools), 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 Bipico Industries (Tools)'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 Bipico Industries (Tools)

Recent activity within the organization

  • Annual General Meeting

    Bipico Industries (Tools) Private Limited last Annual general meeting of members was held on 16 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Bipico Industries (Tools) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Meha Pramit Patel was appointed as a Director was appointed as a Director on 13 Dec 2022 & has been associated with this company since 2 years 4 months .

  • Charges

    A charge with Hdfc Bank Limited of Rs. 33.24 Cr registered on 24 Oct 2019 with Charge ID 100303302 was modified on 19 Sep 2022.

  • Director Appointment

    Mihir Patel was appointed as a Director was appointed as a Director on 08 Jun 2022 & has been associated with this company since 2 years 10 months .

  • Charges

    A charge registered on 29 Apr 2016 via Charge ID 100022915 with Others was fully satisfied on 22 Feb 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Bipico Industries (Tools) Private Limited?

    Bipico Industries (Tools) Private Limited was incorporated on 18 Feb 1972.

  • What is authorized share capital and paid-up capital of Bipico Industries (Tools) Private Limited?

    The authorized share capital of Bipico Industries (Tools) Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.99 Cr.

  • Who are the current board members & directors of Bipico Industries (Tools) Private Limited?

    Currently 4 directors are associated with Bipico Industries (Tools) Private Limited.

    • Pramit Kanubhai Patel
    • Kinnary Pramit Patel
    • Mihir Patel
    • Meha Pramit Patel

  • What is the registered address of Bipico Industries (Tools) Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Bipico Industries (Tools) Private Limited is 506-A Floor-5 33A Lotus House Vitthaldas Thackarsey Marg Near Liberty Cinema, Newm Arinelines India, Mumbai, Maharashtra, 400020.

  • What is the corporate identification number (CIN) and company number of Bipico Industries (Tools) Private Limited?

    The corporate identification number (CIN) of Bipico Industries (Tools) Private Limited is U29220MH1972PTC015621 and the company number is 015621 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Bipico Industries (Tools) Private Limited?

    The Official website of Bipico Industries (Tools) Private Limited is https://www.bipico.com

  • What has been the recent revenue trend for Bipico Industries (Tools) Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Bipico Industries (Tools) Private Limited has risen by 27.09%.

  • How many employees does Bipico Industries (Tools) Private Limited currently have?

    As Per 2023 financial reports, 239 employees are currently employed by Bipico Industries (Tools) Private Limited.

  • What change has been observed in the net worth of Bipico Industries (Tools) Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Bipico Industries (Tools) Private Limited has experienced an upsurge of 1.59%.

  • What are the total open charges for Bipico Industries (Tools) Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Bipico Industries (Tools) Private Limited amount to ₹ 33.26 Cr.

  • When was the last Balance Sheet of Bipico Industries (Tools) Private Limited filed with the ROC?

    The most recent Balance Sheet for Bipico Industries (Tools) Private Limited was filed with the ROC on 31 Mar 2024.

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