About Bhagwan Technovations Private Limited
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Bhagwan Technovations Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the engineering components retail and distribution segment of the engineering sector. It was incorporated on 24 July 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29290MH1998PTC115953. Its GSTIN is 27AABCB0080H1Z2 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Bhagwan Associate Trades Private Limited. It is led by directors Harsh Hitesh Modi and Tanvi Harsh Modi.
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 2201 Marathon Monte Vista M.M. Road Mulund West, Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.98 Cr, a growth of 130% compared to the previous year. For the same year it recorded a net profit of ₹20.23 Lakh (net margin 2.9%) and EBITDA of ₹28.21 Lakh (EBITDA margin 4%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 80% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bhagwanassociates.co.in.
Company details
Contact details
Bhagwan Technovations Private Limited's registered office is in Mumbai, Maharashtra. Its website is bhagwanassociates.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address2201 Marathon Monte Vista M.M. Road Mulund West, Mumbai, Maharashtra, India – 400080
- IndustryEngineering, Engineering Components Retail & Distribution
To see the full contact details of Bhagwan Technovations Private Limited, buy the company report.
- 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
Business activity
The main business activity of Bhagwan Technovations is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Bhagwan Technovations Private Limited, buy the company report.
Financials of Bhagwan Technovations Private Limited
FY 2025 filings availableBhagwan Technovations Private Limited reported revenue of ₹6.98 Cr (up 130% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 80% over five years, including 130% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹28.21 Lakh | ||||
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| Net Profit (PAT) | ₹20.23 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 4% | ||||
| Net Profit Margin | 2.9% | ||||
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To see the full financial statements and ratios of Bhagwan Technovations Private Limited, buy the company report.
Board of directors of Bhagwan Technovations Private Limited
Bhagwan Technovations has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harsh Hitesh Modi | Director | 30 Oct 2017 | 9 Years 0 Months | Current |
| Tanvi Harsh Modi | Director | 20 Nov 2023 | 2 Years 11 Months | Current |
Auditor
Bhagwan Technovations Private Limited is audited by JAYESH K SHAH for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAYESH K SHAH | FY 2022 | 152466 |
Shareholding
The shareholding of Bhagwan Technovations Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bhagwan Technovations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Bhagwan Technovations 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
No delayed payments to MSME suppliers are on our record for Bhagwan Technovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bhagwan Technovations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCB0080H1Z2 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bhagwan Technovations Private Limited, buy the company report.
Recent activity
Bhagwan Technovations Private Limited has 8 board changes on record since 1998: 5 appointments and 3 cessations. The latest: Darshan Hitesh Modi ceased to be Director on 20 Nov 2023.
Frequently asked questions
Bhagwan Technovations is an active private limited company based in Mumbai, Maharashtra, India. The company works in engineering components retail and distribution, within the engineering industry. It was incorporated on 24 July 1998 (28+ years old) and is registered under CIN U29290MH1998PTC115953.
Bhagwan Technovations has 2 current directors:
- Harsh Hitesh Modi - Director
- Tanvi Harsh Modi - Director
The latest financial statements of Bhagwan Technovations 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 Bhagwan Technovations is 27AABCB0080H1Z2, registered in Maharashtra.
The CIN (Corporate Identification Number) of Bhagwan Technovations is U29290MH1998PTC115953. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhagwan Technovations was incorporated on 24 July 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
Darshan Hitesh Modi ceased to be Director on 20 Nov 2023. Hitesh Ravindra Mody ceased to be Director on 20 Nov 2023. Mamta Hitesh Modi ceased to be Director on 20 Nov 2023. Bhagwan Technovations has 8 board changes on record in total.
Bhagwan Technovations can be reached through the website bhagwanassociates.co.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Bhagwan Technovations is at 2201 Marathon Monte Vista M.M. Road Mulund West, Mumbai, Maharashtra, India – 400080.
Bhagwan Technovations operates in the engineering industry, in the engineering components retail and distribution segment.
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