Buildmet Fibres Private Limited

Manufactures woven jumbo sacks and fabric for packaging industry with 3 facilities in Karnataka.

1999 | Bangalore, Karnataka (India) | Active
Last Updated: July 06, 2024

Buildmet Fibres Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 10.14 Cr
  • Company Age 25 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 57.09 Cr
  • Satisfied Charges ₹ 102.38 Cr
  • Revenue Growth -39.43%
  • Profit Growth -16.51%
  • Ebitda -27.79%
  • Net Worth 14.62%
  • Total Assets -19.08%

About Buildmet Fibres

Buildmet Fibres Private Limited (BFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 December 1999 and has a history of 25 years and one month. Its registered office is in Bangalore, Karnataka, India.

The Company is engaged in the Packaging 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 15.00 Cr and a paid-up capital of Rs 10.14 Cr.

The company currently has active open charges totaling ₹57.09 Cr. The company has closed loans amounting to ₹102.38 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Buildmet Fibres Private Limited India is Kavya Parsam as COMPANY SECRETARY. Krishnamurthy, Balasubramaniam Krishnan, Ravichandran Sibi, and Two other members serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25209KA1999PTC026059

  • Company No.

    026059

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Dec 1999

  • Date of AGM

    12 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Packaging

What products or services does Buildmet Fibres Private Limited offer?

Buildmet Fibres Private Limited offers a wide range of products and services, including Bulk Bags & Sacks, Jumbo Bags, FIBC Bags.

Who are the key members and board of directors at Buildmet Fibres?

Executive Team (3)

Name Designation Appointment Date Status
Ramakrishnan Bharath Country flag representing In Managing Director 16-Jul-2009 Current
Kavya Parsam Country flag representing In Company Secretary 30-Mar-2021 Current
Selvaganapathy Ramakrishnan Country flag representing In Managing Director 09-Dec-1999 Current

Board Members (3)

Name Designation Appointment Date Status
Krishnamurthy Country flag representing In Whole-Time Director 16-Feb-2022 Current
Balasubramaniam Krishnan Country flag representing In Whole-Time Director 20-Aug-2020 Current
Ravichandran Sibi Country flag representing In Whole-Time Director 20-Aug-2020 Current

Financial Performance of Buildmet Fibres.

Buildmet Fibres Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 39.43% decrease. The company also saw a substantial fall in profitability, with a 16.51% decrease in profit. The company's net worth Soared by an impressive increase of 14.62%.

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
-39.43%
Revenue from Operations
-40.61%
Total Assets
-19.08%
Profit or Loss
-16.51%
Net Worth
14.62%
EBITDA
-27.79%

What is the Ownership and Shareholding Structure of Buildmet Fibres?

In 2023, Buildmet Fibres 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

₹57.09 Cr

Satisfied Charges

₹102.38 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 35.18 Cr
  • Hdfc Bank Limited : 21.91 Cr

Latest Charge Details

Date Lender Amount Status
30 Mar 2023 Hdfc Bank Limited ₹1.00 Cr Open
18 Aug 2022 Hdfc Bank Limited ₹20.00 Cr Open
31 Aug 2021 Hdfc Bank Limited ₹6.00 M Open
31 Jul 2021 Hdfc Bank Limited ₹3.10 M Open
18 Nov 2016 Axis Bank Limited ₹35.18 Cr Open

How Many Employees Work at Buildmet Fibres?

Buildmet Fibres has a workforce of 103 employees as of Apr 08, 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 Buildmet Fibres, 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 Buildmet Fibres'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 Buildmet Fibres

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 20.00 Cr registered on 18 Aug 2022 with Charge ID 100608856 was modified on 03 Nov 2023.

    03 Nov 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 35.18 Cr registered on 18 Nov 2016 with Charge ID 100062637 was modified on 03 Nov 2023.

    03 Nov 2023

  • Annual General Meeting

    Buildmet Fibres Private Limited last Annual general meeting of members was held on 12 Sep 2023 as per latest MCA records.

    12 Sep 2023

  • Charges

    A charge registered on 04 Jan 2019 via Charge ID 100239816 with Others was fully satisfied on 09 May 2023.

    09 May 2023

  • Charges

    A charge registered on 04 Jan 2019 via Charge ID 100239817 with Others was fully satisfied on 09 May 2023.

    09 May 2023

  • Balance Sheet

    Buildmet Fibres Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

Frequently asked questions

  • Buildmet Fibres Private Limited was incorporated on 09 Dec 1999.

  • The authorized share capital of Buildmet Fibres Private Limited is ₹ 15.00 Cr and paid-up capital is ₹ 10.14 Cr.

  • Currently 6 directors are associated with Buildmet Fibres Private Limited.

    • Kavya Badarinath Parsam
    • Krishnamurthy
    • Balasubramaniam Krishnan
    • Ravichandran Sibi
    • Ramakrishnan Bharath
    • Selvaganapathy Ramakrishnan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Buildmet Fibres Private Limited is Plot No157 Part A B & C 1St Stage Somapura Industrial Area Dabaspet Nelamangala Tal, Uk, Bangalore, Karnataka, India, 562111.

  • The corporate identification number (CIN) of Buildmet Fibres Private Limited is U25209KA1999PTC026059 and the company number is 026059 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Buildmet Fibres Private Limited is https://www.buildmetfibres.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Buildmet Fibres Private Limited has fallen by -39.43%.

  • As Per 2023 financial reports, 103 employees are currently employed by Buildmet Fibres Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Buildmet Fibres Private Limited has experienced an upsurge of 14.62%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Buildmet Fibres Private Limited amount to ₹ 57.09 Cr.

  • The most recent Balance Sheet for Buildmet Fibres Private Limited was filed with the ROC on 31 Mar 2023.

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