Bremels Rubber Industries Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 2.39 Cr
- Company Age 53 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 36.00 Cr
- Satisfied Charges ₹ 41.29 Cr
- Revenue Growth 44.97%
- Profit Growth 256.92%
- Ebitda -375.60%
- Net Worth 51.66%
- Total Assets -24.00%
About Bremels Rubber Industries
Bremels Rubber Industries Private Limited (BRIPL) was founded in India on 10 November 1971 and has a glorious history of 53 years and three 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 2023. It's a company limited by shares with an authorized capital of Rs 4.00 Cr and a paid-up capital of Rs 2.39 Cr.
The company currently has active open charges totaling ₹36.00 Cr. The company has closed loans amounting to ₹41.29 Cr, as per Ministry of Corporate Affairs (MCA) records.
Adith Shetty and Nischith Shetty serve as directors at the Company.
Company Details
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Location
Bangaluru, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U85110KA1971PTC021454
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Company No.
021454
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
10 Nov 1971
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
What products or services does Bremels Rubber Industries Private Limited offer?
Bremels Rubber Industries Private Limited offers a wide range of products and services, including Tyre, Tube & Flaps, Truck Tyres, Material Handling Machines & Systems, Food Handling Equipment, Adhesives, Glue and Sealants, Adhesive Chemical, Bonding Agents, Solvent Based Adhesives, Rubber Adhesives, Rubber Processing, Tyre Machinery.
Who are the key members and board of directors at Bremels Rubber Industries?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nischith Shetty
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Managing Director | 01-Mar-1999 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Adith Shetty
|
Director | 02-Jul-2014 | Current |
Financial Performance of Bremels Rubber Industries.
Bremels Rubber Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 44.97% increase. The company also saw a substantial improvement in profitability, with a 256.92% increase in profit. The company's net worth Soared by an impressive increase of 51.66%.
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What is the Ownership and Shareholding Structure of Bremels Rubber Industries?
In 2023, Bremels Rubber Industries had a promoter holding of 97.13% and a public holding of 2.87%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Solidite Industrial Tyres And Systems Private LimitedAdith Shetty and Nischith Shetty are mutual person
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Technolog Aliphatics & Process Private LimitedAdith Shetty and Nischith Shetty are mutual person
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Bremels Zinga Tyre Services Private Limited
Adith Shetty and Nischith Shetty are mutual person
Charges (Loans)
₹36.00 Cr
₹41.29 Cr
Charges Breakdown by Lending Institutions
- Others : 36.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Oct 2018 | Others | ₹36.00 Cr | Open |
| 01 Oct 2003 | Canara Bank | ₹0.18 M | Satisfied |
| 10 Sep 1996 | Others | ₹19.00 Cr | Satisfied |
| 10 Sep 1996 | Canara Bank | ₹2.00 M | Satisfied |
| 10 Sep 1996 | Canara Bank | ₹2.00 M | Satisfied |
How Many Employees Work at Bremels Rubber Industries?
Bremels Rubber Industries has a workforce of 54 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Bremels Rubber Industries, 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 Bremels Rubber Industries's trajectory.
Rating
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
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.
