Bag Electronics (India) Private Limited - Company Profile

It is a consumer electronics & durables private limited company based in Pune, Maharashtra, India, established in 2006.

2006 Pune, Maharashtra, India Active

Last Updated: December 23, 2025

About Bag Electronics (India) Private Limited

Bag Electronics (India) Private Limited, a active private limited company, was established on 10 February 2006 in Pune, Maharashtra, India. Engaging in electronics manufacturing within the manufacturing sector, it holds CIN: U32109PN2006PTC021987. Registered under ROC Roc Pune. it is unlisted. It has an authorized capital of ₹37.50 Cr and a paid-up capital of ₹35.51 Cr.

Formerly known as Hueco Lightronic (India) Private Limited. It upholds a compliant status. Employing 56 professional, Its leadership includes Sachin Babulal Rokade (Director), Ameet Avinash Kimbahune (Director), Kalayana Sunadaram Balasubramaniyam (Director). Past directors included Mandar Shrikrishna Jog, Thomas Josef Gerhard Patzelt, Otto Julius Heinrich Ludwig Meyer. It holds no open charges and ₹2.18 M settled loans. Its latest AGM occurred on 28 September 2024, with the balance sheet filed on 31 March 2024. It is based at S. No. 19 Yewlewadi, Kondhwa Road, Pune, Maharashtra, 411048.

Company Details

CIN/LLPIN
U32109PN2006PTC021987
Registration Number
021987
Incorporation Date
10 February 2006
Authorized Capital
₹37.50 Cr
Paid-Up Capital
₹35.51 Cr
ROC Code
Roc Pune
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 37.50 Cr as on 23-12-2025
Paid Up Capital ₹ 35.51 Cr as on 23-12-2025
Company Age 20 Year, 15 Days
Last Filing with ROC 31 Mar 2024
Satisfied Charges ₹ 2.18 M as on 23-12-2025
Revenue Growth **** -57.50% (FY 2023)
Profit Growth **** 52.28% (FY 2023)
Ebitda **** 51.07% (FY 2023)
Net Worth -17.45% (FY 2023)
Total Assets **** 20.49% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Bag Electronics (India) Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Bag Electronics (India) Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Sachin Babulal Rokade	Director	29 Jun 2022	Current
Ameet Avinash Kimbahune	Director	31 Mar 2022	Current
Kalayana Sunadaram Balasubramaniyam	Director	19 Apr 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	30 Jun 2022	Past
Pramod Abcsdd	Director	31 Aug 2017	Past
Pramod Abcsdd	Director	31 Jul 2016	Past
Pramod Abcsdd	Managing Director	19 Mar 2010	Past
Pramod Abcsdd	Director	30 May 2018	Past
Pramod Abcsdd	Director	24 Oct 2007	Past

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Financial Performance of Bag Electronics (India).

Bag Electronics (India) Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 57.5% decrease. The company also saw a substantial improvement in profitability, with a 52.28% increase in profit. The company's net worth observed a substantial decline by a decrease of 17.45%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-57.50%

*******

Revenue from Operations

*******

-55.57%

*******

Total Assets

*******

20.49%

*******

Profit or Loss

*******

52.28%

*******

Net Worth

*******

-17.45%

*******

EBITDA

*******

51.07%

*******

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What is the Ownership and Shareholding Structure of Bag Electronics (India)?

In 2023, Bag Electronics (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹2,179,000.00

Charges Breakdown by Lending Institutions

Hdfc Bank Ltd : 0.15 Cr
Hdfc Bank Limited : 0.07 Cr

Latest Charge Details

Date	Lender	Amount	Status
06 Sep 2008	Hdfc Bank Limited	₹0.68 M	Satisfied
26 Mar 2007	Hdfc Bank Ltd	₹0.50 M	Satisfied
26 Mar 2007	Hdfc Bank Ltd	₹1.00 M	Satisfied

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How Many Employees Work at Bag Electronics (India)?

Bag Electronics (India) has a workforce of 56 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Bag Electronics (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Bag Electronics (India)'s trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Bag Electronics (India)

Recent Activity within the Organization

Annual General Meeting

Bag Electronics (India) Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records. was recorded as a recent event.
28 Sep 2024
Director Appointment

The activity Kalayana Sunadaram Balasubramaniyam was appointed as a Director was appointed as a Director on 19 Apr 2024 & has been associated with this company since 1 year 10 months . was completed.
19 Apr 2024
Balance Sheet

Bag Electronics (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune. was recorded as a recent event.
31 Mar 2024
Director Appointment

The activity Sachin Babulal Rokade was appointed as a Director was appointed as a Director on 29 Jun 2022 & has been associated with this company since 3 years 7 months . was completed.
29 Jun 2022
Director Appointment

Ameet Avinash Kimbahune was appointed as a Director was appointed as a Director on 31 Mar 2022 & has been associated with this company since 3 years 10 months . was recorded as a recent event.
31 Mar 2022
Charges

Progress on A charge registered on 26 Mar 2007 via Charge ID 10086989 with Hdfc Bank Ltd was fully satisfied on 22 Aug 2011. was documented.
22 Aug 2011

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Frequently Asked Questions

What is the CIN of Bag Electronics (India) Private Limited?

The CIN of Bag Electronics (India) Private Limited is U32109PN2006PTC021987.

Where is Bag Electronics (India) Private Limited headquartered?

Bag Electronics (India) Private Limited is headquartered at S. No. 19 Yewlewadi, Kondhwa Road, Pune, Maharashtra, 411048.

When was Bag Electronics (India) Private Limited incorporated?

Bag Electronics (India) Private Limited was incorporated on 10 February 2006.

Who are the current directors of Bag Electronics (India) Private Limited?

The current directors of Bag Electronics (India) Private Limited are

What is the primary industry of Bag Electronics (India) Private Limited?

The primary industry of Bag Electronics (India) Private Limited is Manufacturing.

Is Bag Electronics (India) Private Limited a listed company?

Bag Electronics (India) Private Limited is unlisted.

What is the capital structure of Bag Electronics (India) Private Limited?

The authorized capital of Bag Electronics (India) Private Limited is ₹37.50 Cr, and the paid-up capital is ₹35.51 Cr.

What is the compliance status of Bag Electronics (India) Private Limited?

The compliance status of Bag Electronics (India) Private Limited is Compliant.

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