Bg Networks Private Limited

Insurance services with partnerships in healthcare and technology.

2018 | Thane, Maharashtra (India) | Active
Last Updated: June 16, 2024

Bg Networks Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 1.84 Cr
  • Company Age 6 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.00 Cr
  • Revenue Growth 100.37%
  • Profit Growth -26.20%
  • Ebitda -6.29%
  • Net Worth 188.51%
  • Total Assets 248.44%

About Bg Networks

Bg Networks Private Limited (BNPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 19 June 2018 (Six years and eight months 8 days old ). Its registered office is in Thane, Maharashtra, India.

The Corporate was formerly known as Hgds Ventures Private Limited. The Company is engaged in the Financial Services 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 3.00 Cr and a paid-up capital of Rs 1.84 Cr.

The company currently has active open charges totaling ₹2.00 Cr.

Devang Parmar, Sandesh Mishra, Varadan Devanathan, and Two other members serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    bimagarage.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999MH2018PTC310945

  • Company No.

    310945

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Jun 2018

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Bg Networks?

Board Members (5)

NameDesignationAppointment DateStatus
Om Gahrotra Country flag representing In Director 06-Jan-2020Current
Jashvant Chandulal Country flag representing In Director 06-Jan-2020Current
Devang Parmar Country flag representing In Director 13-Jul-2019Current
Sandesh Mishra Country flag representing In Director 13-Jul-2019Current
Varadan Devanathan Country flag representing In Director 17-May-2023Current

Financial Performance of Bg Networks.

Bg Networks Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 100.37% increase. The company also saw a substantial fall in profitability, with a 26.2% decrease in profit. The company's net worth Soared by an impressive increase of 188.51%.

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
100.37%
Revenue from Operations
98.14%
Total Assets
248.44%
Profit or Loss
-26.20%
Net Worth
188.51%
EBITDA
-6.29%

What is the Ownership and Shareholding Structure of Bg Networks?

In 2023, Bg Networks had a promoter holding of 79.63% and a public holding of 20.37%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
01 Sep 2023The Hongkong And Shanghai Banking Corporation Limited₹2.00 CrOpen

How Many Employees Work at Bg Networks?

Bg Networks has a workforce of 90 employees as of Mar 29, 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 Bg Networks, 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 Bg Networks'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 Bg Networks

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 2.00 Cr with Charge ID 100784648 was registered on 01 Sep 2023.

    01 Sep 2023

  • Director Appointment

    Varadan Devanathan was appointed as a Director was appointed as a Director on 17 May 2023 & has been associated with this company since 1 year 9 months .

    17 May 2023

  • Balance Sheet

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

    31 Mar 2023

  • Director Appointment

    Om Parkash Kewal Krishan Gahrotra was appointed as a Director was appointed as a Director on 06 Jan 2020 & has been associated with this company since 5 years 1 month .

    06 Jan 2020

  • Director Appointment

    Jashvant Raval Chandulal was appointed as a Director was appointed as a Director on 06 Jan 2020 & has been associated with this company since 5 years 1 month .

    06 Jan 2020

Frequently asked questions

  • Bg Networks Private Limited was incorporated on 19 Jun 2018.

  • The authorized share capital of Bg Networks Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 1.84 Cr.

  • Currently 5 directors are associated with Bg Networks Private Limited.

    • Devang Hasmmukhlalji Parmar
    • Sandesh Mishra
    • Varadan Devanathan
    • Om Parkash Kewal Krishan Gahrotra
    • Jashvant Raval Chandulal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bg Networks Private Limited is Unit No.1001 10Th Floor Dosti Pinnacle, Plot No. E-7 Road No.22 Wagle I.E., Thane, Maharashtra, India, 400604.

  • The corporate identification number (CIN) of Bg Networks Private Limited is U74999MH2018PTC310945 and the company number is 310945 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bg Networks Private Limited is https://www.bimagarage.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bg Networks Private Limited has risen by 100.37%.

  • As Per 2023 financial reports, 90 employees are currently employed by Bg Networks Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bg Networks Private Limited has experienced an upsurge of 188.51%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bg Networks Private Limited amount to ₹ 2.00 Cr.

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

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