Bismi Connect Limited

Founded in 2016 and headquartered in Kerala, India.

2016 | Kochi, Kerala (India) | Active
Last Updated: July 27, 2024

Bismi Connect Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 8.57 Cr
  • Company Age 8 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 71.89 Cr
  • Revenue Growth 11.77%
  • Profit Growth -3751.68%
  • Ebitda -194.74%
  • Net Worth -235.84%
  • Total Assets -21.55%

About Bismi Connect

Bismi Connect Limited (BCL) is a Public Limited Indian Non-Government Company incorporated in India on 03 November 2016 (Eight years and two months 29 days old ). Its registered office is in Kochi, Kerala, India.

The Company is engaged in the Consumer Electronics & Durables 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 10.00 Cr and a paid-up capital of Rs 8.57 Cr.

The company has closed loans amounting to ₹71.89 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Venkatesh Gulur, Kaushal Nevrekar, and Sajita Nair serve as directors at the Company.

Company Details

  • Location

    Kochi, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51909KL2016PLC047195

  • Company No.

    047195

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 Nov 2016

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Bismi Connect?

Board Members (3)

NameDesignationAppointment DateStatus
Venkatesh Gulur Country flag representing In Director 31-May-2023Current
Kaushal Nevrekar Country flag representing In Director 09-Jun-2023Current
Sajita Nair Country flag representing In Director 31-May-2023Current

Financial Performance of Bismi Connect.

Bismi Connect Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.77% increase. The company also saw a substantial fall in profitability, with a 3751.68% decrease in profit. The company's net worth observed a substantial decline by a decrease of 235.84%.

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
11.77%
Revenue from Operations
11.29%
Total Assets
-21.55%
Profit or Loss
-3751.68%
Net Worth
-235.84%
EBITDA
-194.74%

What is the Ownership and Shareholding Structure of Bismi Connect?

In 2023, Bismi Connect had a promoter holding of 87.50% and a public holding of 12.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹71.89 Cr

Charges Breakdown by Lending Institutions

  • The South Indian Bank Limited : 58.48 Cr
  • State Bank Of India : 13.00 Cr
  • Hdfc Bank Limited : 0.41 Cr

Latest Charge Details

DateLenderAmountStatus
13 May 2022The South Indian Bank Limited₹5.00 CrSatisfied
27 Aug 2020State Bank Of India₹13.00 CrSatisfied
20 Jul 2019Hdfc Bank Limited₹4.08 MSatisfied
07 Jun 2017The South Indian Bank Limited₹53.48 CrSatisfied

How Many Employees Work at Bismi Connect?

Bismi Connect has a workforce of 185 employees as of Mar 30, 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 Bismi Connect, 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 Bismi Connect'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 Bismi Connect

Recent activity within the organization

  • Charges

    A charge registered on 20 Jul 2019 via Charge ID 100283205 with Hdfc Bank Limited was fully satisfied on 29 Sep 2023.

    29 Sep 2023

  • Annual General Meeting

    Bismi Connect Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Charges

    A charge registered on 27 Aug 2020 via Charge ID 100365527 with State Bank Of India was fully satisfied on 03 Jul 2023.

    03 Jul 2023

  • Charges

    A charge registered on 13 May 2022 via Charge ID 100579367 with The South Indian Bank Limited was fully satisfied on 30 Jun 2023.

    30 Jun 2023

  • Charges

    A charge registered on 07 Jun 2017 via Charge ID 100124372 with The South Indian Bank Limited was fully satisfied on 30 Jun 2023.

    30 Jun 2023

  • Director Appointment

    Kaushal Vijay Nevrekar was appointed as a Director was appointed as a Director on 09 Jun 2023 & has been associated with this company since 1 year 7 months .

    09 Jun 2023

Frequently asked questions

  • Bismi Connect Limited was incorporated on 03 Nov 2016.

  • The authorized share capital of Bismi Connect Limited is ₹ 10.00 Cr and paid-up capital is ₹ 8.57 Cr.

  • Currently 3 directors are associated with Bismi Connect Limited.

    • Venkatesh Raghavendra Gulur
    • Kaushal Vijay Nevrekar
    • Sajita Chandrasekharan Nair
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bismi Connect Limited is 1St Floor 37/3-A Castle Viany Tvs Junction South Kalamasserry Kalama, Sserry, Kochi, Kerala, India, 683104.

  • The corporate identification number (CIN) of Bismi Connect Limited is U51909KL2016PLC047195 and the company number is 047195 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bismi Connect Limited is https://www.bismigroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bismi Connect Limited has risen by 11.77%.

  • As Per 2023 financial reports, 185 employees are currently employed by Bismi Connect Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bismi Connect Limited has experienced an downturn of -235.84%.

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

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