Baggit India Private Limited - Company Profile

Q: Who are the current directors of Baggit India Private Limited?

The current directors of Baggit India Private Limited are Nina Manoj Lekhi, Ramcharitra Lakhan Dhusiya.

It is a home & lifestyle private limited company based in Mumbai, Maharashtra, India, established in 2008.

2008 Mumbai, Maharashtra, India Active

Last Updated: January 09, 2026

About Baggit India Private Limited

Baggit India Private Limited, a active private limited company, was established on 04 November 2008 in Mumbai, Maharashtra, India. Engaging in lifestyle products & accessories manufacturing within the manufacturing sector, it holds CIN: U74999MH2008PTC187968. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹1.89 Cr.

It upholds a compliant status. Employing 442 professional, Its leadership includes Nina Manoj Lekhi (Managing Director), Ramcharitra Lakhan Dhusiya (Additional Director). Past directors included Nina Manoj Lekhi, Lalchand Khiaram Punjabi, Sudhir Uttamlal Mistry. It holds ₹60.72 Cr open charges and ₹61.50 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 218, Narayan Udyog Bhavan, Dr. Ambedkar Road, Lalabaug,, Mumbai, Maharashtra, 400012.

Company Details

CIN/LLPIN
U74999MH2008PTC187968
Registration Number
187968
Incorporation Date
04 November 2008
Authorized Capital
₹2.00 Cr
Paid-Up Capital
₹1.89 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 2.00 Cr as on 09-01-2026
Paid Up Capital ₹ 1.89 Cr as on 09-01-2026
Company Age 17 Year, 4 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 60.72 Cr as on 09-01-2026
Satisfied Charges ₹ 61.50 Cr as on 09-01-2026
Revenue Growth **** -38.54% (FY 2024)
Profit Growth **** -1913.48% (FY 2024)
Ebitda **** -393.58% (FY 2024)
Net Worth -107.71% (FY 2024)
Total Assets -25.28% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Baggit 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 Baggit India Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Nina Manoj Lekhi	Managing Director	04 Nov 2008	Current
Ramcharitra Lakhan Dhusiya	Additional Director	26 Apr 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	02 Apr 2014	Past
Pramod Abcsdd	Director	04 Oct 2012	Past
Pramod Abcsdd	Director	30 Sep 2020	Past
Pramod Abcsdd	Additional Director	30 Sep 2013	Past
Pramod Abcsdd	Additional Director	29 Sep 2018	Past
Pramod Abcsdd	Director	28 Sep 2013	Past

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Financial Performance of Baggit India.

Baggit India Private Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 38.54% decrease. The company also saw a substantial fall in profitability, with a 1913.48% decrease in profit. The company's net worth observed a substantial decline by a decrease of 107.71%.

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

********

-38.54%

*******

Revenue from Operations

*******

-38.73%

*******

Total Assets

*******

-25.28%

*******

Profit or Loss

*******

-1913.48%

*******

Net Worth

*******

-107.71%

*******

EBITDA

*******

-393.58%

*******

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What is the Ownership and Shareholding Structure of Baggit India?

In 2024, Baggit 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

₹607,200,000.00

Satisfied Charges

₹615,043,935.08

Charges Breakdown by Lending Institutions

Axis Bank Limited : 40.72 Cr
Yes Bank Limited : 20.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
06 Apr 2023	Yes Bank Limited	₹5.00 Cr	Open
31 Aug 2022	Axis Bank Limited	₹40.72 Cr	Open
14 Aug 2019	Yes Bank Limited	₹15.00 Cr	Open
12 Mar 2021	Others	₹4.80 Cr	Satisfied
28 Oct 2015	Others	₹31.76 Cr	Satisfied

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How Many Employees Work at Baggit India?

Baggit India has a workforce of 442 employees as of Jan 09, 2026. 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 Baggit 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 Baggit India's trajectory.

Rating

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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 Baggit India

Recent Activity within the Organization

Director Appointment

Progress on Ramcharitra Lakhan Dhusiya was appointed as a Additional Director was appointed as a Additional Director on 26 Apr 2025 & has been associated with this company since 11 months 5 days . was documented.
26 Apr 2025
Annual General Meeting

Progress on Baggit India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.
30 Sep 2024
Balance Sheet

Baggit India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was recorded as a recent event.
31 Mar 2024
Charges

Progress on A charge with Axis Bank Limited of Rs. 40.72 Cr registered on 31 Aug 2022 with Charge ID 100608202 was modified on 08 Dec 2023. was documented.
08 Dec 2023
Charges

The activity A charge with Yes Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100711304 was registered on 06 Apr 2023. was completed.
06 Apr 2023
Charges

A charge with Yes Bank Limited of Rs. 15.00 Cr registered on 14 Aug 2019 with Charge ID 100292258 was modified on 29 Mar 2023. was recorded as a recent event.
29 Mar 2023

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