B G Merchants Private Limited
About B G Merchants Private Limited
Data last updated:
B G Merchants Private Limited was a private limited company based in Chandigarh, 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 real estate development and construction segment of the real estate and construction sector. It was incorporated on 05 January 2000.
The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U70101CH2000PTC023233. Its GSTIN is 04AACCB3772F1Z0 (Chandigarh).
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It was led by directors Sunita Bhandari and Shiv Bhandari.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at SCO 45 – 46 Sector 8 C Chandigarh, Chandigarh, India.
As per the financials filed for FY 2022, the company reported a revenue of ₹2.81 Lakh, a decline of 60% compared to the previous year. For the same year it recorded a net loss of ₹23.27 Lakh and EBITDA of -₹16.98 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 65% over three years and 46% over five years.
As per MCA filings, the company has satisfied charges of ₹2.05 Cr on record.
Company details
Contact details
B G Merchants Private Limited's registered office is in Chandigarh. Its e-mail address is in the company report.
- Email
- Registered AddressSCO 45 – 46 Sector 8 C Chandigarh, Chandigarh, India
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of B G Merchants 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 B G Merchants is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of B G Merchants Private Limited, buy the company report.
Financials of B G Merchants Private Limited
FY 2022 filings availableB G Merchants Private Limited reported revenue of ₹2.81 Lakh (down 60% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 46% over five years, including a 60% fall in the latest year. EBITDA fell 652% 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 | ₹2.81 Lakh | ||||
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| EBITDA | -₹16.98 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹23.27 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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To see the full financial statements and ratios of B G Merchants Private Limited, buy the company report.
Board of directors of B G Merchants Private Limited
B G Merchants has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunita Bhandari | Director | 05 Jan 2000 | 26 Years 9 Months | As last reported |
| Shiv Bhandari | Director | 05 Jan 2000 | 26 Years 9 Months | As last reported |
Auditor
B G Merchants Private Limited is audited by MEHAN ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MEHAN ASSOCIATES | FY 2019 | 004592N |
Shareholding
The shareholding of B G Merchants Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of B G Merchants Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Dec 2012 | 10396983 | Hdfc Bank Limited | ₹2.05 Cr | Satisfied |
To see the full charge records of B G Merchants Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving B G Merchants 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 B G Merchants Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
B G Merchants has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 04AACCB3772F1Z0 | Chandigarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of B G Merchants Private Limited, buy the company report.
Recent activity
B G Merchants Private Limited has 4 board changes on record since 2000: 2 appointments and 2 cessations. The latest: Razit ceased to be Director on 14 Jul 2023.
Frequently asked questions
B G Merchants 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.
B G Merchants was a private limited company based in Chandigarh, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 05 January 2000 and is registered under CIN U70101CH2000PTC023233. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of B G Merchants is U70101CH2000PTC023233. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
B G Merchants had 2 directors:
- Sunita Bhandari - Director
- Shiv Bhandari - Director
B G Merchants was incorporated on 05 January 2000. It is registered with the Registrar of Companies, Chandigarh.
The registered office of B G Merchants is at SCO 45 – 46 Sector 8 C Chandigarh, Chandigarh, India.
The latest financial statements of B G Merchants on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of B G Merchants is 04AACCB3772F1Z0, registered in Chandigarh.
B G Merchants operated in the real estate and construction industry, in the real estate builders and developers segment.
Razit ceased to be Director on 14 Jul 2023. Rishu ceased to be Additional Director on 14 Jul 2023. Shiv Bhandari was appointed as Director on 05 Jan 2000. B G Merchants has 4 board changes on record in total.