MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-32-0000135
Bafit Faucets LLP
Bafit Faucets LLP - manufacturing in Veraval, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹13.32 Cr
▲ 97% YoY
Net profit · FY 2023
₹12.09 Lakh
Net margin 0.9%
EBITDA · FY 2023
-₹3.78 Cr
EBITDA margin -28.4%
Contribution obligation
₹1 Lakh
As per LLP agreement
LLP age
8 yrs
Est. 2018
Employees · EPFO
7
Provident fund records
Designated partners
3
As per MCA filings
Active GSTINs
1
GST registered
About Bafit Faucets LLP
Data last updated:
Bafit Faucets LLP is a limited liability partnership (LLP) based in Veraval, Gujarat, India. It operates in the fittings and components segment of the manufacturing sector. It was incorporated on 14 March 2018 and has been in existence for over 8 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAM-2324. Its GSTIN is 24AATFB3337Q1ZV (Gujarat).
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners including Hiteshkumar Shivlal Vasiyani and Jashvant Prabhulal Patel.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at C/O. Mira Enterprise Near Amardeep Industries Opp. Pragati Pipe Tal. Kotda Sangani, Veraval, Gujarat, India – 360024.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹13.32 Cr, a growth of 97% compared to the previous year. For the same year it recorded a net profit of ₹12.09 Lakh (net margin 0.9%) and EBITDA of -₹3.78 Cr (EBITDA margin -28.4%). Revenue has grown at a compounded annual rate (CAGR) of 136% over three years.
The LLP has about 7 employees on its provident fund (EPFO) records.
Court records list 2 cases involving the LLP, including 2 filed by the LLP; 1 case is pending.
Bafit Faucets LLP is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0000135).
Company details
LLPIN AAM-2324
Incorporation Date 14 March 2018
Total Obligation of Contribution ₹1 Lakh
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-GJ-32-0000135
Key People
Hiteshkumar Shivlal Vasiyani Designated Partner Jashvant Prabhulal Patel Designated Partner Jayendrabhai Kababhai Kalaria Designated Partner Recognitions & Rankings of Bafit Faucets
Contact details
Bafit Faucets LLP's registered office is in Veraval, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressC/O. Mira Enterprise Near Amardeep Industries Opp. Pragati Pipe Tal. Kotda Sangani, Veraval, Gujarat, India – 360024
- IndustryManufacturing, Fittings & Components
To see the full contact details of Bafit Faucets LLP, buy the company report.
Comprehensive company report
Bafit Faucets LLP - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Financials of Bafit Faucets LLP
FY 2025 filings availableBafit Faucets LLP reported revenue of ₹13.32 Cr (up 97% YoY) for FY 2023.
Revenue · FY 2023
₹13.32 Cr ▲ 97%
Net profit · FY 2023
₹12.09 Lakh margin 0.9%
EBITDA · FY 2023
-₹3.78 Cr margin -28.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 97%
3 years · compounded
▲ 136%
Revenue has grown at a compounded annual rate (CAGR) of 136% over three years, including 97% growth in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Tax | |||||
| Profit After Tax | ₹12.09 Lakh | ||||
| Profit Transferred to Partners | |||||
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Financial Ratios
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| Net Profit Margin | 0.9% | ||||
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To see the full financial statements and ratios of Bafit Faucets LLP, buy the company report.
Designated partners of Bafit Faucets LLP
Bafit Faucets has 3 designated partners on record. No former designated partners are listed.
Current Designated Partners
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hiteshkumar Shivlal Vasiyani Also directs: Bafit Sanitaryware LLP, Somany Sanitary Ware Private Limited | Designated Partner | 14 Mar 2018 | 8 Years 7 Months | Current |
| Jashvant Prabhulal Patel Also directs: Bafit Sanitaryware LLP, Somany Sanitary Ware Private Limited | Designated Partner | 14 Mar 2018 | 8 Years 7 Months | Current |
| Jayendrabhai Kababhai Kalaria | Designated Partner | 14 Mar 2018 | 8 Years 7 Months | Current |
Legal cases
Bafit Faucets LLP has 2 court cases on record: 2 filed by Bafit Faucets. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, MORBI, Gujarat | Court case (CR EN) | Filed by the company against an individual | Disposed |
To see the full case history of Bafit Faucets LLP, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bafit Faucets LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bafit Faucets LLP has a workforce of 7 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
Employee count
7
Active EPFO establishments
1
Employee growth
-12.5%
GST
Bafit Faucets has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AATFB3337Q1ZV | Gujarat | Active | 07 May 2018 |
To see the full GST registrations and return filing status of Bafit Faucets LLP, buy the company report.
Recent activity
Bafit Faucets LLP has 3 designated partner changes on record since 2018: 3 appointments. The latest: Hiteshkumar Shivlal Vasiyani was appointed as Designated Partner on 14 Mar 2018.
AGM
Bafit Faucets Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Bafit Faucets Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Hiteshkumar Shivlal Vasiyani was appointed as Designated Partner.
Appointed
Jashvant Prabhulal Patel was appointed as Designated Partner.
Appointed
Jayendrabhai Kababhai Kalaria was appointed as Designated Partner.
Incorporation
14 Mar 2018
Bafit Faucets Llp was registered on 14 Mar 2018 with Roc Ahmedabad & aged 8 years 7 months as per MCA records.
Frequently asked questions
Bafit Faucets is an active limited liability partnership based in Veraval, Gujarat, India. The LLP works in fittings and components, within the manufacturing industry. It was incorporated on 14 March 2018 (8+ years old) and is registered under LLPIN AAM-2324.
Bafit Faucets has 3 current designated partners:
- Hiteshkumar Shivlal Vasiyani - Designated Partner
- Jashvant Prabhulal Patel - Designated Partner
- Jayendrabhai Kababhai Kalaria - Designated Partner
The latest financial statements of Bafit Faucets on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Bafit Faucets is 24AATFB3337Q1ZV, registered in Gujarat.
The LLPIN (Limited Liability Partnership Identification Number) of Bafit Faucets is AAM-2324. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Bafit Faucets has 2 court cases on record: 2 filed by the LLP. 1 is pending.
Bafit Faucets was incorporated on 14 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Hiteshkumar Shivlal Vasiyani was appointed as Designated Partner on 14 Mar 2018. Jashvant Prabhulal Patel was appointed as Designated Partner on 14 Mar 2018. Jayendrabhai Kababhai Kalaria was appointed as Designated Partner on 14 Mar 2018.
Yes, Bafit Faucets is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-32-0000135).
The registered office of Bafit Faucets is at CO. Mira Enterprise Near Amardeep Industries Opp. Pragati Pipe Tal. Kotda Sangani, Veraval, Gujarat, India – 360024.