Drilbits International Private Limited

This company manufactures rock roller bits for various drilling applications and is ISO certified.

2005 | Nasik, Maharashtra (India) | Active
Last Updated: June 17, 2024

Drilbits International Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.64 Cr
  • Company Age 19 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.00 Cr
  • Revenue Growth 81.05%
  • Profit Growth -84.35%
  • Ebitda -38.10%
  • Net Worth -141.95%
  • Total Assets -14.94%

About Drilbits International

Drilbits International Private Limited (DIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 March 2005 and has a history of 19 years and 11 months. Its registered office is in Nasik, Maharashtra, India.

The Corporate was formerly known as Drilbits India Private Limited. The Company is engaged in the Machinery And Equipment 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 3.64 Cr.

The company currently has active open charges totaling ₹4.00 Cr.

Asif Shaikh and Santosh Shrivas serve as directors at the Company.

Company Details

  • Location

    Nasik, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29240MH2005PTC151786

  • Company No.

    151786

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Mar 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Drilbits International Private Limited offer?

Drilbits International Private Limited offers a wide range of products and services, including Ball Bearings and Bearing Assemblies, Ball Bearings, Drilling & Boring Equipment, Drilling Machine Parts, Drilling Bits, Collets and Chucks, Rock Drill Bits, PVC, CPVC, HDPE Water Pipe Fittings, Plastic Pipe Cap, Wood Drill Bit, Cooling Fans.

Who are the key members and board of directors at Drilbits International?

Board Members (2)

Name Designation Appointment Date Status
Asif Shaikh Country flag representing In Director 15-Nov-2021 Current
Santosh Shrivas Country flag representing In Director 15-Nov-2021 Current

Financial Performance of Drilbits International.

Drilbits International Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 81.05% increase. The company also saw a substantial fall in profitability, with a 84.35% decrease in profit. The company's net worth observed a substantial decline by a decrease of 141.95%.

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
81.05%
Revenue from Operations
84.97%
Total Assets
-14.94%
Profit or Loss
-84.35%
Net Worth
-141.95%
EBITDA
-38.10%

What is the Ownership and Shareholding Structure of Drilbits International?

In 2022, Drilbits International 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

₹4.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 4.00 Cr

Latest Charge Details

Date Lender Amount Status
23 Jun 2017 Others ₹4.00 Cr Open

How Many Employees Work at Drilbits International?

Drilbits International has a workforce of 42 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 Drilbits International, 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 Drilbits International'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 Drilbits International

Recent activity within the organization

  • Annual General Meeting

    Drilbits International Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Drilbits International Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Asif Aziz Shaikh was appointed as a Director was appointed as a Director on 15 Nov 2021 & has been associated with this company since 3 years 2 months .

    15 Nov 2021

  • Director Appointment

    Santosh Arjun Shrivas was appointed as a Director was appointed as a Director on 15 Nov 2021 & has been associated with this company since 3 years 2 months .

    15 Nov 2021

  • Charges

    A charge with Others of Rs. 4.00 Cr registered on 23 Jun 2017 with Charge ID 100130987 was modified on 06 Apr 2021.

    06 Apr 2021

  • Charges

    A charge with Others amounted to Rs. 4.00 Cr with Charge ID 100130987 was registered on 23 Jun 2017.

    23 Jun 2017

Frequently asked questions

  • Drilbits International Private Limited was incorporated on 04 Mar 2005.

  • The authorized share capital of Drilbits International Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.64 Cr.

  • Currently 2 directors are associated with Drilbits International Private Limited.

    • Asif Aziz Shaikh
    • Santosh Arjun Shrivas
  • As per Ministry of Corporate Affairs (Mca), the registered address of Drilbits International Private Limited is Plot No.66 Midc Satpur, Nasik, Maharashtra, India, 422007.

  • The corporate identification number (CIN) of Drilbits International Private Limited is U29240MH2005PTC151786 and the company number is 151786 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Drilbits International Private Limited is https://www.drilbits.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Drilbits International Private Limited has risen by 81.05%.

  • As Per 2023 financial reports, 42 employees are currently employed by Drilbits International Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Drilbits International Private Limited has experienced an downturn of -141.95%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Drilbits International Private Limited amount to ₹ 4.00 Cr.

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

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