Bifco Private Limited
About Bifco Private Limited
Data last updated:
Bifco Private Limited was a private limited company based in Jaipur, Rajasthan, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 11 January 1983.
The company was registered with the Registrar of Companies (ROC), Jaipur, under CIN U70200RJ1983PTC002625. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹50.04 Lakh. It was led by directors Pramila Bafna and Pranav Bafna.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at K – 2 Keshav Path Ahinsa Circle C – Scheme, Jaipur, Rajasthan, India – 302001.
As per the financials filed for FY 2022, the company reported a revenue of ₹4.33 Lakh, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹3.6 Lakh (net margin 83.2%) and EBITDA of -₹3,368 (EBITDA margin -0.8%). Revenue has grown at a compounded annual rate (CAGR) of 162% over three years and 119% over five years.
Company details
CIN history
Bifco has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U70200RJ1983PTC002625, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70200RJ1983PTC002625 | Current |
| U51101RJ1983PTC002625 | Previous |
| U65100RJ1983PTC002625 | Previous |
Contact details
Bifco Private Limited's registered office is in Jaipur, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressK – 2 Keshav Path Ahinsa Circle C – Scheme, Jaipur, Rajasthan, India – 302001
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Bifco 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
Financials of Bifco Private Limited
FY 2023 filings availableBifco Private Limited reported revenue of ₹4.33 Lakh (up 8% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 119% over five years, including 8% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4.33 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹3,368 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.6 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Trade Payables | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.8% | ||||
| Net Profit Margin | 83.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Bifco Private Limited, buy the company report.
Board of directors of Bifco Private Limited
Bifco has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pramila Bafna | Director | 29 Nov 2021 | 4 Years 10 Months | As last reported |
| Pranav Bafna | Director | 20 Jul 2022 | 4 Years 3 Months | As last reported |
Auditor
Bifco Private Limited is audited by RAVI SHARMA & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAVI SHARMA & CO. | FY 2022 | 015143C |
Shareholding
The shareholding of Bifco 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 Bifco Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Bifco 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 Bifco Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bifco has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Bifco Private Limited, buy the company report.
Recent activity
Bifco Private Limited has 6 board changes on record since 2010: 2 appointments and 4 cessations. The latest: Anisha Bafna ceased to be Director on 20 Jul 2022.
Frequently asked questions
Bifco has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Bifco was a private limited company based in Jaipur, Rajasthan, India. The company worked in business and IT consulting, within the business outsourcing industry. It was incorporated on 11 January 1983 and is registered under CIN U70200RJ1983PTC002625. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Bifco is U70200RJ1983PTC002625. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bifco had 2 directors:
- Pramila Bafna - Director
- Pranav Bafna - Director
Bifco was incorporated on 11 January 1983. It is registered with the Registrar of Companies, Jaipur.
The registered office of Bifco is at K – 2 Keshav Path Ahinsa Circle C – Scheme, Jaipur, Rajasthan, India – 302001.
The latest financial statements of Bifco on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. Bifco has 1 GST registration on record and it is cancelled or inactive.
Bifco operated in the business outsourcing industry, in the business and IT consulting segment.
Anisha Bafna ceased to be Director on 20 Jul 2022. Pranav Bafna was appointed as Director on 20 Jul 2022. Subhash Tibrewala ceased to be Director on 30 Nov 2021. Bifco has 6 board changes on record in total.