Bonafide Arts Private Limited

Manufacturer of MS billets with 25,200 MTPA capacity, based in Bagru, Rajasthan since 2005.

2005 | Jaipur, Rajasthan (India) | Active
Last Updated: January 10, 2025

Bonafide Arts Profile

Key Indicators

  • Authorised Capital ₹ 4.50 Cr
  • Paid Up Capital ₹ 3.76 Cr
  • Company Age 19 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 82.57 Cr
  • Satisfied Charges ₹ 34.38 Cr
  • Revenue Growth -9.17%
  • Profit Growth 11.93%
  • Ebitda 37.19%
  • Net Worth 13.14%
  • Total Assets 14.46%

About Bonafide Arts

Bonafide Arts Private Limited (BAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 March 2005 and has a history of 19 years and 11 months. Its registered office is in Jaipur, Rajasthan, India.

The Company is engaged in the Metals And Minerals 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 4.50 Cr and a paid-up capital of Rs 3.76 Cr.

The company currently has active open charges totaling ₹82.57 Cr. The company has closed loans amounting to ₹34.38 Cr, as per Ministry of Corporate Affairs (MCA) records.

Gurmukh Singh, Dharamveer Singh, and Saravjeet Kaur serve as directors at the Company.

Company Details

  • Location

    Jaipur, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45201RJ2005PTC020357

  • Company No.

    020357

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Mar 2005

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Metals and Minerals

Who are the key members and board of directors at Bonafide Arts?

Board Members (3)

Name Designation Appointment Date Status
Gurmukh Singh Country flag representing In Director 22-Sep-2011 Current
Dharamveer Singh Country flag representing In Director 22-Sep-2011 Current
Saravjeet Kaur Country flag representing In Director 31-Aug-2019 Current

Financial Performance of Bonafide Arts.

Bonafide Arts Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 9.17% decrease. The company also saw a substantial improvement in profitability, with a 11.93% increase in profit. The company's net worth Soared by an impressive increase of 13.14%.

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
-9.17%
Revenue from Operations
-8.43%
Total Assets
14.46%
Profit or Loss
11.93%
Net Worth
13.14%
EBITDA
37.19%

What is the Ownership and Shareholding Structure of Bonafide Arts?

In 2023, Bonafide Arts had a promoter holding of 28.51% and a public holding of 71.49%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹82.57 Cr

Satisfied Charges

₹34.38 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 68.46 Cr
  • Axis Bank Limited : 13.31 Cr
  • Indian Bank : 0.80 Cr

Latest Charge Details

Date Lender Amount Status
30 Dec 2023 Axis Bank Limited ₹13.31 Cr Open
12 Jul 2023 Indian Bank ₹8.00 M Open
26 Nov 2021 State Bank Of India ₹55.42 Cr Open
07 May 2018 State Bank Of India ₹2.70 M Open
12 Sep 2013 State Bank Of India ₹12.77 Cr Open

How Many Employees Work at Bonafide Arts?

Bonafide Arts has a workforce of 9 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 Bonafide Arts, 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 Bonafide Arts'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 Bonafide Arts

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Bonafide Arts Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 13.31 Cr with Charge ID 100865551 was registered on 30 Dec 2023.

    30 Dec 2023

  • Charges

    A charge with Indian Bank amounted to Rs. 0.80 Cr with Charge ID 100756945 was registered on 12 Jul 2023.

    12 Jul 2023

  • Charges

    A charge with State Bank Of India of Rs. 55.42 Cr registered on 26 Nov 2021 with Charge ID 100512459 was modified on 29 Nov 2022.

    29 Nov 2022

  • Charges

    A charge registered on 12 Sep 2013 via Charge ID 10452974 with State Bank Of Bikaner And Jaipur was fully satisfied on 20 Aug 2022.

    20 Aug 2022

Frequently asked questions

  • Bonafide Arts Private Limited was incorporated on 01 Mar 2005.

  • The authorized share capital of Bonafide Arts Private Limited is ₹ 4.50 Cr and paid-up capital is ₹ 3.76 Cr.

  • Currently 3 directors are associated with Bonafide Arts Private Limited.

    • Gurmukh Singh
    • Dharamveer Singh
    • Saravjeet Kaur
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bonafide Arts Private Limited is Plot No - A/162 Riico Industrial Area, Extension Ii India, Bagru, Rajasthan, 303007.

  • The corporate identification number (CIN) of Bonafide Arts Private Limited is U45201RJ2005PTC020357 and the company number is 020357 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Bonafide Arts Private Limited has fallen by -9.17%.

  • As Per 2022 financial reports, 9 employees are currently employed by Bonafide Arts Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Bonafide Arts Private Limited has experienced an upsurge of 13.14%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Bonafide Arts Private Limited amount to ₹ 82.57 Cr.

  • The most recent Balance Sheet for Bonafide Arts Private Limited was filed with the ROC on 31 Mar 2024.

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