MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-26-0318829
Bag Electronics & Technology (India) Private Limited
Bag Electronics & Technology (India) Private Limited - automotive in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹25.76 Cr
▲ 18% YoY
Net profit · FY 2025
₹98.88 Lakh
Net margin 3.8%
EBITDA · FY 2025
₹2.42 Cr
EBITDA margin 9.4%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹13.8 Lakh
Issued & subscribed
Open charges
₹9 Cr
Secured borrowings
Company age
4 yrs
Est. 2022
Employees · EPFO
56
Provident fund records
About Bag Electronics & Technology (India) Private Limited
Data last updated:
Bag Electronics & Technology (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Lesol City Limited. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 05 July 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31909MH2022PTC386088. Its GSTIN is 27AAKCB8963C1ZF (Maharashtra).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹13.8 Lakh. It is led by directors Naman Arun Shah and Isha Hiteshkumar Raval.
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 Flat No. 101 Bianca Building Cts No 98 Gundawali Azad Road Andheri East, Mumbai, Maharashtra, India – 400069.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.76 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹98.88 Lakh (net margin 3.8%) and EBITDA of ₹2.42 Cr (EBITDA margin 9.4%).
The company has about 56 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹9 Cr on record.
Bag Electronics & Technology (India) Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-26-0318829).
Company details
CIN U31909MH2022PTC386088
Registration Number 386088
Incorporation Date 05 July 2022
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Lesol City Limited
MSME Classification MSME
Udyam Registration UDYAM-MH-26-0318829
Recognitions & Rankings of Bag Electronics & Technology (India)
Contact details
Bag Electronics & Technology (India) Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No. 101 Bianca Building Cts No 98 Gundawali Azad Road Andheri East, Mumbai, Maharashtra, India – 400069
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Bag Electronics & Technology (India) Private Limited, buy the company report.
Comprehensive company report
Bag Electronics & Technology (India) Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Bag Electronics & Technology (India) is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Bag Electronics & Technology (India) Private Limited, buy the company report.
Financials of Bag Electronics & Technology (India) Private Limited
FY 2025 filings availableBag Electronics & Technology (India) Private Limited reported revenue of ₹25.76 Cr (up 18% YoY) for FY 2025.
Revenue · FY 2025
₹25.76 Cr ▲ 18%
Net profit · FY 2025
₹98.88 Lakh margin 3.8%
EBITDA · FY 2025
₹2.42 Cr margin 9.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 18%
EBITDA CAGR growth
1 year
▼ 30%
Revenue rose 18% in the latest year. EBITDA fell 30% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | ₹2.42 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹98.88 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 9.4% | ||
| Net Profit Margin | 3.8% | ||
| 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 | |||
To see the full financial statements and ratios of Bag Electronics & Technology (India) Private Limited, buy the company report.
Board of directors of Bag Electronics & Technology (India) Private Limited
Bag Electronics & Technology (India) has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naman Arun Shah Also directs: Renesola Solutions Private Limited, Xvana Tools Private Limited, Ghoomo Tech Services Private Limited and 3 more | Director | 05 Jul 2022 | 4 Years 3 Months | Current |
| Isha Hiteshkumar Raval | Director | 05 Jul 2022 | 4 Years 3 Months | Current |
Peer comparison
Bag Electronics & Technology (India) Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing, Electronic Equipment and Components Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Electronic Automation Private Limited | ₹25.89 Cr (FY 2025) | 6.0% | Bangalore, Karnataka, India | |||
| Kosch Electricals Private Limited | ₹25.86 Cr (FY 2025) | 49.0% | Vasai, Maharashtra, India | |||
| Amh Solar Solutions Private Limited | ₹25.82 Cr (FY 2024) | -45.0% | Mohali, Punjab, India | |||
| Bag Electronics & Technology (India) Private Limitedthis company | ₹25.76 Cr (FY 2025) | ₹98.88 Lakh | 3.8% | 18.0% | Mumbai, Maharashtra, India | |
| Kaysons Techno Equipments Pvt Ltd | ₹25.72 Cr (FY 2025) | 1.0% | Anand, Gujarat, India |
To see the full peer comparison of Bag Electronics & Technology (India) Private Limited, buy the company report.
Auditor
Bag Electronics & Technology (India) Private Limited is audited by G.P. Kapadia & Co for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G.P. Kapadia & Co | FY 2024 | 104768W |
Shareholding
The shareholding of Bag Electronics & Technology (India) Private Limited is on record for 2 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Bag Electronics & Technology (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2024 | 100903342 | Others | ₹2 Cr | Open | |
| 10 Jul 2023 | 100756725 | State Bank of India | ₹7 Cr | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Bag Electronics & Technology (India) 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 Bag Electronics & Technology (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bag Electronics & Technology (India) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCB8963C1ZF | Maharashtra | Active | 28 Feb 2023 |
To see the full GST registrations and return filing status of Bag Electronics & Technology (India) Private Limited, buy the company report.
Recent activity
Bag Electronics & Technology (India) Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Isha Hiteshkumar Raval was appointed as Director on 05 Jul 2022.
AGM
Bag Electronics & Technology (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Bag Electronics & Technology (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Others amounted to Rs. 200.00 Lakh with Charge ID 100903342 was registered on 29 Mar 2024.
Charges
A charge with State Bank Of India amounted to Rs. 700.00 Lakh with Charge ID 100756725 was registered on 10 Jul 2023.
Appointed
Isha Hiteshkumar Raval was appointed as Director.
Appointed
Naman Arun Shah was appointed as Director.
Incorporation
05 Jul 2022
Bag Electronics & Technology (India) Private Limited was registered on 05 Jul 2022 with Roc Mumbai I & aged 4 years 3 months as per MCA records.
Frequently asked questions
Bag Electronics & Technology (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 05 July 2022 (4+ years old) and is registered under CIN U31909MH2022PTC386088.
Bag Electronics & Technology (India) has 2 current directors:
- Naman Arun Shah - Director
- Isha Hiteshkumar Raval - Director
The latest financial statements of Bag Electronics & Technology (India) 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 FY 2023 are in the company report.
The GSTIN of Bag Electronics & Technology (India) is 27AAKCB8963C1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Bag Electronics & Technology (India) is U31909MH2022PTC386088. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bag Electronics & Technology (India) was incorporated on 05 July 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Bag Electronics & Technology (India) by revenue are Electronic Automation Private Limited, Kosch Electricals Private Limited, Amh Solar Solutions Private Limited, Kaysons Techno Equipments Pvt Ltd, all in the Consumer Durables industry (Electronic Appliances Manufacturing, Electronic Equipment and Components Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Isha Hiteshkumar Raval was appointed as Director on 05 Jul 2022. Naman Arun Shah was appointed as Director on 05 Jul 2022.
Yes, Bag Electronics & Technology (India) is registered as an MSME under Udyam registration (number: UDYAM-MH-26-0318829).
The registered office of Bag Electronics & Technology (India) is at Flat No. 101 Bianca Building Cts No 98 Gundawali Azad Road Andheri East, Mumbai, Maharashtra, India – 400069.
Bag Electronics & Technology (India) operates in the automotive industry, in the auto parts and components segment.