About Bag 2 Read Network Private Limited
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Bag 2 Read Network Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 18 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2016PTC301622.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Puneet Sabharwal and Anju Sabharwal.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Wz – 394 Rishi Nagar Rani Bagh North West Delhi – 110034, New Delhi, Delhi, India – 110034.
As per the financials filed for FY 2020, the company reported a revenue of ₹82.41 Lakh, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹2.66 Lakh (net margin 3.2%) and EBITDA of ₹4.98 Lakh (EBITDA margin 6%). Revenue has grown at a compounded annual rate (CAGR) of 144% over three years.
As per MCA filings, the company has open charges of ₹20 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bag2read.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressWz – 394 Rishi Nagar Rani Bagh North West Delhi – 110034, New Delhi, Delhi, India – 110034
- IndustryE-Commerce, General E-Commerce Platforms
- 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
- One PDF report, delivered after checkout
Business Activity of Bag 2 Read Network Private Limited
The main business activity of Bag 2 Read Network is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Bag 2 Read Network Private Limited FY 2020 filings available
Bag 2 Read Network Private Limited reported revenue of ₹82.41 Lakh (down 25% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Bag 2 Read Network Private Limited
Revenue fell 25% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 144%. EBITDA fell 44% 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 of Bag 2 Read Network Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹4.98 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.66 Lakh | •••• | •••• | •••• |
| Balance Sheet | ||||
| Share Capital | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• |
Financial Ratios of Bag 2 Read Network Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 6% | •••• | •••• | •••• |
| Net Profit Margin | 3.2% | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• |
| Liquidity and Debt | ||||
| Current Ratio | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• |
| Efficiency and Growth | ||||
| Asset Turnover | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Bag 2 Read Network are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Bag 2 Read Network Private Limited
Bag 2 Read Network Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Wholesale Trading). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mbfueture Hybrid Seeds Private Limited | ₹82.44 Lakh (FY 2025) | •••• | •••• | -37.0% | •••• | Karnal, Haryana, India |
| Sunview Retail Private Limited | ₹82.43 Lakh (FY 2025) | •••• | •••• | -94.0% | •••• | Kolkata, West Bengal, India |
| Devayaa Engineering Private Limited | ₹82.42 Lakh (FY 2024) | •••• | •••• | -21.0% | •••• | Delhi, India |
| Clean and Care Chemicals Private Limited | ₹82.42 Lakh (FY 2024) | •••• | •••• | 0.0% | •••• | Dhamtari, Chhattisgarh, India |
| Saraogi Plaster Udyog Private Limited | ₹82.41 Lakh (FY 2021) | •••• | •••• | -35.0% | •••• | Churu, Rajasthan, India |
| Bag 2 Read Network Private Limited this company | ₹82.41 Lakh (FY 2020) | •••• | •••• | -25.0% | •••• | New Delhi, Delhi, India |
| Vatrak Producer Company Limited | ₹82.4 Lakh (FY 2024) | •••• | •••• | 29.0% | •••• | Kheda, Gujarat, India |
| Kayashree Ayurveda Private Limited | ₹82.4 Lakh (FY 2024) | •••• | •••• | •••• | Delhi, India | |
| Auraa Metallics Private Limited | ₹82.4 Lakh (FY 2019) | •••• | •••• | -34.0% | •••• | New Delhi, Delhi, India |
| Godspeed Nutrition Foods Private Limited | ₹82.39 Lakh (FY 2022) | •••• | •••• | 12.0% | •••• | Raipur, Chhattisgarh, India |
| Mightech Works Private Limited | ₹82.39 Lakh (FY 2024) | •••• | •••• | 102.0% | •••• | Patna, Bihar, India |
Peers are the five companies nearest above and the five nearest below Bag 2 Read Network by revenue in the same principal business activity (Wholesale Trading), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Bag 2 Read Network Private Limited
Bag 2 Read Network Private Limited is audited by DEEPAK S KUMAR & CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DEEPAK S KUMAR & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Bag 2 Read Network Private Limited
Bag 2 Read Network 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 |
|---|---|---|---|---|
| Puneet Sabharwal | Director | 18 Jun 2016 | 10 Years 3 Months | Current |
| Anju Sabharwal | Director | 16 Jan 2018 | 8 Years 8 Months | Current |
Ownership and Shareholding of Bag 2 Read Network Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Bag 2 Read Network Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Nov 2019 | Others | ₹20 Lakh | Open |
Total charge records: 1 View all charges
Legal Cases of Bag 2 Read Network Private Limited
Bag 2 Read Network Private Limited has 2 court cases on record: 2 filed against it. All cases are pending. Status as checked between 29 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Cheque dishonour complaint | Filed against the company by Macmillan Education India Private Limited | Pending |
| District court, North, Delhi | Cheque dishonour complaint | Filed against the company by Punjab National Bank | Pending |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Bag 2 Read Network Private Limited
Employment history and EPFO contributions of people linked to Bag 2 Read Network.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Bag 2 Read Network Private Limited
Bag 2 Read Network Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Anju Sabharwal ceased to be Additional Director on 30 Sep 2018.
Credit Ratings, Litigation & Regulatory Alerts for Bag 2 Read Network Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Bag 2 Read Network Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Bag 2 Read Network Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Bag 2 Read Network Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Bag 2 Read Network Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Bag 2 Read Network Private Limited
Bag 2 Read Network is an active private limited company based in New Delhi, Delhi, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 18 June 2016 (10+ years old) and is registered under CIN U74999DL2016PTC301622.
Bag 2 Read Network reported revenue of ₹82.41 Lakh for FY 2020 (down 25% YoY).
Bag 2 Read Network has 2 current directors:
- Puneet Sabharwal - Director
- Anju Sabharwal - Director
Bag 2 Read Network reported a net profit of ₹2.66 Lakh (net margin 3.2%) and EBITDA of ₹4.98 Lakh (EBITDA margin 6%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bag 2 Read Network is 144% over three years. In the latest year (FY 2020) revenue fell 25%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Bag 2 Read Network is U74999DL2016PTC301622. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bag 2 Read Network has 2 court cases on record: 2 filed against it. 2 are pending.
Bag 2 Read Network was incorporated on 18 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Bag 2 Read Network by revenue are Mbfueture Hybrid Seeds Private Limited, Sunview Retail Private Limited, Devayaa Engineering Private Limited, Clean and Care Chemicals Private Limited, Saraogi Plaster Udyog Private Limited and 5 more, all in the same principal business activity (Wholesale Trading).
Anju Sabharwal ceased to be Additional Director on 30 Sep 2018. Bhupinder Kapoor ceased to be Director on 19 Mar 2018. Anju Sabharwal was appointed as Director on 16 Jan 2018. Bag 2 Read Network has 4 board changes on record in total.
Bag 2 Read Network can be reached through the website bag2read.com. Its registered office is in New Delhi, Delhi, India.