- #182 Shrikant Shankar Badve & family ₹19,700 Cr

About Badve Sons Private Limited
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Badve Sons Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 15 September 2014 and has been in existence for over 12 years.
Its director Shrikant Shankar Badve and family are #182 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74900PN2014PTC152539. Its GSTIN is 27AAGCB0588H1ZK (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Shrikant Shankar Badve and Swastid Shrikant Badve.
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 Pune, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹19.6 Lakh. For the same year it recorded a net loss of ₹7.98 Lakh (net margin -40.7%) and EBITDA of -₹5.96 Lakh (EBITDA margin -30.4%).
As per MCA filings, the company has open charges of ₹30 Cr and satisfied charges of ₹30 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website badvegroup.com.
Company details
Recognitions & Rankings of Badve Sons
Contact details
Badve Sons Private Limited's registered office is in Pune, Maharashtra. Its website is badvegroup.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressOff 201 Tps 1 2nd Floor, Pride Kumar Senate Fp 402, Pune, Maharashtra, India – 411016
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Badve Sons 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 Badve Sons is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Badve Sons Private Limited, buy the company report.
Financials of Badve Sons Private Limited
FY 2025 filings availableBadve Sons Private Limited reported revenue of ₹19.6 Lakh for FY 2024.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹5.96 Lakh | ||||
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| Net Profit (PAT) | -₹7.98 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 | -30.4% | ||||
| Net Profit Margin | -40.7% | ||||
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To see the full financial statements and ratios of Badve Sons Private Limited, buy the company report.
Board of directors of Badve Sons Private Limited
Badve Sons has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shrikant Shankar Badve Also directs: Belrise Industries Limited, Shreepriya Stamping and Tooling Private Limited, Swastid Engineering Private Limited and 5 more | Director | 15 Sep 2014 | 12 Years 1 Months | Current |
| Swastid Shrikant Badve Also directs: United for Nature Foundation, Belrise Defence & Aerospace Private Limited, Starkenn AI Technologies Private Limited and 1 more | Director | 11 Jan 2018 | 8 Years 9 Months | Current |
| Sumedh Shrikant Badve Also directs: Emkay Automobile Industries Limited, Prakritik Infrastructure Private Limited, United for Nature Foundation and 4 more | Director | 11 Jan 2018 | 8 Years 9 Months | Current |
| Supriya Shrikant Badve Also directs: Belrise Industries Limited, Badve Autocomps Private Limited, Badve Global Private Limited and 5 more | Director | 15 Sep 2014 | 12 Years 1 Months | Current |
Auditor
Badve Sons Private Limited is audited by SHRIKANT P THORAT & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHRIKANT P THORAT & CO | FY 2019 | 131941W |
Shareholding
The shareholding of Badve Sons 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 Badve Sons Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2023 | 100699689 | Others | ₹30 Cr | Satisfied |
To see the full charge records of Badve Sons Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Badve Sons 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 Badve Sons Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Badve Sons has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCB0588H1ZK | Maharashtra | Active | 29 Jun 2018 |
To see the full GST registrations and return filing status of Badve Sons Private Limited, buy the company report.
Recent activity
Badve Sons Private Limited has 7 board changes on record since 2014: 4 appointments and 3 cessations. The latest: Sumedh Shrikant Badve ceased to be Additional Director on 03 Aug 2018.
Frequently asked questions
Badve Sons is an active private limited company based in Pune, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 15 September 2014 (12+ years old) and is registered under CIN U74900PN2014PTC152539.
Badve Sons has 4 current directors:
- Shrikant Shankar Badve - Director
- Swastid Shrikant Badve - Director
- Sumedh Shrikant Badve - Director
- Supriya Shrikant Badve - Director
The latest financial statements of Badve Sons 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 Badve Sons is 27AAGCB0588H1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of Badve Sons is U74900PN2014PTC152539. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Badve Sons was incorporated on 15 September 2014, making it 12+ years old. It is registered with the Registrar of Companies, Pune.
Sumedh Shrikant Badve ceased to be Additional Director on 03 Aug 2018. Swastid Shrikant Badve ceased to be Additional Director on 03 Aug 2018. Sumedh Shrikant Badve was appointed as Director on 11 Jan 2018. Badve Sons has 7 board changes on record in total.
Badve Sons can be reached through the website badvegroup.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Badve Sons is at Off 201 Tps 1 2nd Floor, Pride Kumar Senate Fp 402, Pune, Maharashtra, India – 411016.
Badve Sons operates in the business outsourcing industry, in the business and IT consulting segment.