MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-18-0007260
Bare Associates India Private Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹25.4 Cr
▲ 11% YoY
Net profit · FY 2025
₹3.24 Cr
Net margin 12.8%
EBITDA · FY 2025
₹4.53 Cr
EBITDA margin 17.8%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹17.44 Lakh
Issued & subscribed
Company age
21 yrs
Est. 2005
Employees · EPFO
59
Provident fund records
Directors on board
3
As per MCA filings
About Bare Associates India Private Limited
Data last updated:
Bare Associates India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Bare International Hungary Kft. It operates in the accounting and financial analysis segment of the business process outsourcing sector. It was incorporated on 22 September 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74910MH2005PTC156287. Its GSTIN is 27AACCB7026L2ZJ (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹17.44 Lakh. It is led by directors including Coralin Judith Rosario and Jason Robert Bare.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 606 Wellington Business Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.4 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹3.24 Cr (net margin 12.8%) and EBITDA of ₹4.53 Cr (EBITDA margin 17.8%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 19% over five years.
The company has about 59 employees on its provident fund (EPFO) records.
Bare Associates India Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-18-0007260). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bareinternational.com.
Company details
CIN U74910MH2005PTC156287
Registration Number 156287
Incorporation Date 22 September 2005
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Bare International Hungary Kft
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-18-0007260
Recognitions & Rankings of Bare Associates India
Contact details
Bare Associates India Private Limited's registered office is in Mumbai, Maharashtra. Its website is bareinternational.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address606 Wellington Business Park – II Ak Road, Near Mittal Industrial Estate Andheri – East, Mumbai, Maharashtra, India – 400059
- IndustryBusiness Outsourcing, Accounting and Financial Analysis
To see the full contact details of Bare Associates India Private Limited, buy the company report.
Comprehensive company report
Bare Associates India Private Limited - 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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Business activity
The main business activity of Bare Associates India is professional, scientific and technical. In detail, this covers advertising and market research.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M6 | Advertising and market research |
To see the full business activity and turnover split of Bare Associates India Private Limited, buy the company report.
Financials of Bare Associates India Private Limited
FY 2025 filings availableBare Associates India Private Limited reported revenue of ₹25.4 Cr (up 11% YoY) for FY 2025.
Revenue · FY 2025
₹25.4 Cr ▲ 11%
Net profit · FY 2025
₹3.24 Cr margin 12.8%
EBITDA · FY 2025
₹4.53 Cr margin 17.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 41%
5 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▼ 17%
3 years · compounded
▲ 77%
5 years · compounded
▲ 32%
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 11% growth in the latest year. EBITDA fell 17% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹4.53 Cr | ||||
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| Net Profit (PAT) | ₹3.24 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 17.8% | ||||
| Net Profit Margin | 12.8% | ||||
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To see the full financial statements and ratios of Bare Associates India Private Limited, buy the company report.
Board of directors of Bare Associates India Private Limited
Bare Associates India has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Coralin Judith Rosario | Director | 05 Jul 2018 | 8 Years 3 Months | Current |
| Jason Robert Bare | Director | 30 Sep 2019 | 7 Years 1 Months | Current |
| Michael L Bare | Director | 22 Sep 2005 | 21 Years 1 Months | Current |
Auditor
Bare Associates India Private Limited is audited by ABB & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ABB & ASSOCIATES | FY 2022 | 116615W |
Shareholding
The shareholding of Bare Associates India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bare Associates India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Bare Associates India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Bare Associates India Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2020, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Bare Associates India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Bare Associates India Private Limited has a workforce of 59 employees on its EPFO records as of Mar 24, 2024, across 1 active EPFO establishment.
Employee count
59
Active EPFO establishments
1
Employee growth
20.41%
GST
Bare Associates India has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCB7026L2ZJ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bare Associates India Private Limited, buy the company report.
Recent activity
Bare Associates India Private Limited has 8 board changes on record since 2005: 3 appointments and 5 cessations. The latest: Dale Marla Klein Bare ceased to be Director on 25 Feb 2020.
AGM
Bare Associates India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Bare Associates India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Dale Marla Klein Bare ceased to be Director.
Appointed
Jason Robert Bare was appointed as Director.
Ceased
Jason Robert Bare ceased to be Additional Director.
Ceased
Coralin Judith Rosario ceased to be Additional Director.
Appointed
Coralin Judith Rosario was appointed as Director.
Ceased
Sonul Verdia ceased to be Director.
Ceased
Bhairavi Mukund Sagar ceased to be Director.
Appointed
Michael L Bare was appointed as Director.
Incorporation
22 Sep 2005
Bare Associates India Private Limited was registered on 22 Sep 2005 with Roc Mumbai & aged 21 years 1 month as per MCA records.
Frequently asked questions
Bare Associates India is an active private limited company based in Mumbai, Maharashtra, India. The company works in accounting and financial analysis, within the business outsourcing industry. It was incorporated on 22 September 2005 (21+ years old) and is registered under CIN U74910MH2005PTC156287.
Bare Associates India has 3 current directors:
- Coralin Judith Rosario - Director
- Jason Robert Bare - Director
- Michael L Bare - Director
The latest financial statements of Bare Associates India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Bare Associates India is 27AACCB7026L2ZJ, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Bare Associates India is U74910MH2005PTC156287. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bare Associates India was incorporated on 22 September 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Dale Marla Klein Bare ceased to be Director on 25 Feb 2020. Jason Robert Bare was appointed as Director on 30 Sep 2019. Jason Robert Bare ceased to be Additional Director on 30 Sep 2019. Bare Associates India has 8 board changes on record in total.
Yes, Bare Associates India is registered as an MSME under Udyam registration (number: UDYAM-MH-18-0007260).
Bare Associates India has 1 MSME Form 1 return on record for the period ending Sep 2020, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 28 Dec 2020.
Bare Associates India can be reached through the website bareinternational.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Bare Associates India is at 606 Wellington Business Park – II Ak Road, Near Mittal Industrial Estate Andheri – East, Mumbai, Maharashtra, India – 400059.
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