Chetan Bearings Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
as on 10-01-2025
- Paid Up Capital ₹ 0.24 M
as on 10-01-2025
- Company Age 31 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.06 Cr
as on 10-01-2025
- Satisfied Charges ₹ 1.50 Cr
as on 10-01-2025
- Revenue 42.63%
(FY 2022)
- Profit 77.28%
(FY 2022)
- Ebitda -248.80%
(FY 2022)
- Net Worth 18.86%
(FY 2022)
- Total Assets 39.74%
(FY 2022)
About Chetan Bearings
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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.24 M.
The company currently has active open charges totaling ₹5.06 Cr. The company has closed loans amounting to ₹1.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Arti Shah, Yogesh Shah, and Saurabh Shah serve as directors at the Company.
- CIN/LLPIN
U29130MH1993PTC071720
- Company No.
071720
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Apr 1993
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- LocationMumbai, Maharashtra
- Telephone
- Email Address
- Website
-
- Social Media-
What products or services does Chetan Bearings Pvt Ltd offer?
Chetan Bearings Pvt Ltd offers a wide range of products and services, including Ball Bearings and Bearing Assemblies, Industrial Bearings, Ball Bearing Assemblies & Components, Bearing Block, Plain Bearings, Spherical Plain Bearings, Ball Bearings, Roller Bearings, Cylindrical Roller Bearing.
Who are the key members and board of directors at Chetan Bearings?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Yogesh Shah  | Managing Director | 23-Apr-1993 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Saurabh Shah | Director | 01-Jun-2008 | Current |
| Arti Shah | Director | 01-Dec-1995 | Current |
Financial Performance of Chetan Bearings.
Chetan Bearings Pvt Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 42.63% increase. The company also saw a substantial improvement in profitability, with a 77.28% increase in profit. The company's net worth Soared by an impressive increase of 18.86%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Chetan Bearings?
In 2019, Chetan Bearings had a promoter holding of 97.45% and a public holding of 2.55%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Hitech Rolling Balls Private LimitedActive 35 years 4 monthsArti Shah, Yogesh Shah and 1 more are mutual person
- All India Ball Bearing Merchants' AssociationActive 61 years 11 months
Yogesh Shah is a mutual person
Charges (Loans)
₹50.59 M
₹15.00 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 5.06 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Oct 2023 | Hdfc Bank Limited | ₹0.59 M | Open |
| 05 Nov 2022 | Hdfc Bank Limited | ₹5.00 Cr | Open |
| 15 Jun 2007 | Union Bank Of India | ₹1.50 Cr | Satisfied |
How Many Employees Work at Chetan Bearings?
Unlock and access historical data on people associated with Chetan Bearings, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Chetan Bearings, 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 Chetan Bearings'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.