B.R.Elastics (India) Private Limited

Manufactures various types of elastic, tapes, and laces since 2008.

2008 | Erode, Tamil Nadu (India) | Active
Last Updated:

B.R.Elastics (India) Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 9.00 Cr
  • Company Age 16 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 17.47 Cr
  • Satisfied Charges ₹ 46.58 Cr
  • Revenue Growth -6.74%
  • Profit Growth 315.98%
  • Ebitda 19.05%
  • Net Worth 1.55%
  • Total Assets -21.01%

About B.R.Elastics (India)

B.R.Elastics (India) Private Limited (BIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 June 2008 and has a history of 16 years and nine months. Its registered office is in Erode, Tamil Nadu, India.

The Company is engaged in the Manufacturing 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 10.00 Cr and a paid-up capital of Rs 9.00 Cr.

The company currently has active open charges totaling ₹17.47 Cr. The company has closed loans amounting to ₹46.58 Cr, as per Ministry of Corporate Affairs (MCA) records.

Balasubramanian and Balasubramaniam Rathnavelu serve as directors at the Company.

Company Details

  • Location

    Erode, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    brelastics.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25199TZ2008PTC014517

  • Company No.

    014517

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Jun 2008

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

What products or services does B.R.Elastics (India) Private Limited offer?

B.R.Elastics (India) Private Limited offers a wide range of products and services, including Sewing Threads, Laces & Accessories, Embroidered Laces, Cosmetics, Hair & Beauty Products, Rubber Band, Face Mask & Medical PPE Kits, Elastic Tapes, Packing Straps, Clips & Supplies, Packing Strap, Interlinings.

Who are the key members and board of directors at B.R.Elastics (India)?

Executive Team (1)

NameDesignationAppointment DateStatus
Balasubramaniam Rathnavelu Country flag representing In Managing Director03-Jun-2008Current

Board Members (1)

NameDesignationAppointment DateStatus
Balasubramanian Country flag representing In Director 03-Jun-2008Current

Financial Performance of B.R.Elastics (India).

B.R.Elastics (India) Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 6.74% decrease. The company also saw a substantial improvement in profitability, with a 315.98% increase in profit. The company's net worth moved up by a moderate rise of 1.55%.

B.R.Elastics (India) revenue growth over time
B.R.Elastics (India) 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
-6.74%
Revenue from Operations
-6.72%
Total Assets
-21.01%
Profit or Loss
315.98%
Net Worth
1.55%
EBITDA
19.05%

What is the Ownership and Shareholding Structure of B.R.Elastics (India)?

In 2023, B.R.Elastics (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

₹17.47 Cr

Satisfied Charges

₹46.58 Cr

Charges Breakdown by Lending Institutions

  • Others : 17.07 Cr
  • Reliance Commercial Finance Private Limited : 0.40 Cr

Latest Charge Details

DateLenderAmountStatus
16 Jul 2021Others₹17.07 CrOpen
26 Oct 2010Reliance Commercial Finance Private Limited₹4.00 MOpen
07 Feb 2014Others₹18.71 CrSatisfied
22 Nov 2010Dhanlaxmi Bank Limited₹16.44 CrSatisfied
06 Sep 2008Sbi Factors And Commercial Services Private Limited₹5.25 CrSatisfied

How Many Employees Work at B.R.Elastics (India)?

B.R.Elastics (India) has a workforce of 59 employees as of Apr 03, 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 B.R.Elastics (India) Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of B.R.Elastics (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 B.R.Elastics (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 B.R.Elastics (India)

Recent activity within the organization

  • Annual General Meeting

    B.R.Elastics (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    B.R.Elastics (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

  • Charges

    A charge with Others of Rs. 17.07 Cr registered on 16 Jul 2021 with Charge ID 100460837 was modified on 13 Mar 2024.

  • Charges

    A charge registered on 07 Feb 2014 via Charge ID 10501664 with Others was fully satisfied on 12 Aug 2021.

  • Charges

    A charge with Others amounted to Rs. 17.07 Cr with Charge ID 100460837 was registered on 16 Jul 2021.

  • Charges

    A charge with Others of Rs. 18.71 Cr registered on 07 Feb 2014 with Charge ID 10501664 was modified on 23 Oct 2020.

Frequently asked questions

  • What is the Incorporation or founding date of B.R.Elastics (India) Private Limited?

    B.R.Elastics (India) Private Limited was incorporated on 03 Jun 2008.

  • What is authorized share capital and paid-up capital of B.R.Elastics (India) Private Limited?

    The authorized share capital of B.R.Elastics (India) Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 9.00 Cr.

  • Who are the current board members & directors of B.R.Elastics (India) Private Limited?

    Currently 2 directors are associated with B.R.Elastics (India) Private Limited.

    • Balasubramanian
    • Balasubramaniam Rathnavelu

  • What is the registered address of B.R.Elastics (India) Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of B.R.Elastics (India) Private Limited is S.F.No.26/27 Karaiputhur Village Park School Road, Palladam Main Road India, Tirupur, Tamil Nadu, 641605.

  • What is the corporate identification number (CIN) and company number of B.R.Elastics (India) Private Limited?

    The corporate identification number (CIN) of B.R.Elastics (India) Private Limited is U25199TZ2008PTC014517 and the company number is 014517 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of B.R.Elastics (India) Private Limited?

    The Official website of B.R.Elastics (India) Private Limited is https://www.brelastics.com

  • What has been the recent revenue trend for B.R.Elastics (India) Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for B.R.Elastics (India) Private Limited has fallen by -6.74%.

  • How many employees does B.R.Elastics (India) Private Limited currently have?

    As Per 2023 financial reports, 59 employees are currently employed by B.R.Elastics (India) Private Limited.

  • What change has been observed in the net worth of B.R.Elastics (India) Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of B.R.Elastics (India) Private Limited has experienced an upsurge of 1.55%.

  • What are the total open charges for B.R.Elastics (India) Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for B.R.Elastics (India) Private Limited amount to ₹ 17.47 Cr.

  • When was the last Balance Sheet of B.R.Elastics (India) Private Limited filed with the ROC?

    The most recent Balance Sheet for B.R.Elastics (India) Private Limited was filed with the ROC on 31 Mar 2024.

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