
About Baghirathi Holdings Private Limited
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Baghirathi Holdings Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the financial holding companies segment of the financial services sector. It was incorporated on 22 February 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U67120KA2006PTC038561. Its GSTIN is 29AAECM5614P2ZW (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It was formerly known as M Square Hotels Private Limited. It is led by directors including Mahesh Hariharan (Managing Director) and Lucinda Mahesh.
Its last annual general meeting (AGM) was held on 29 December 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 2A – 1 H.K Arcade II Floor 1B Iti Industrial Area Mahadevapura Post, Bengaluru, Karnataka, India – 560048.
As per the financials filed for FY 2021, the company reported a revenue of ₹2.71 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹6.97 Lakh (net margin -257.5%) and EBITDA of ₹31,280 (EBITDA margin 11.6%). Revenue has declined at a compounded annual rate (CAGR) of 93% over three years.
Court records list 4 cases involving the company, including 4 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website baghirathi.com.
Company details
CIN history
Baghirathi Holdings has one previous CIN (Corporate Identification Number): U55101KA2006PTC038561. The current CIN is U67120KA2006PTC038561, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120KA2006PTC038561 | Current |
| U55101KA2006PTC038561 | Previous |
Contact details
Baghirathi Holdings Private Limited's registered office is in Bengaluru, Karnataka. Its website is baghirathi.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address2A – 1 H.K Arcade II Floor 1B Iti Industrial Area Mahadevapura Post, Bengaluru, Karnataka, India – 560048
- IndustryFinancial Services, Financial Holding Companies
To see the full contact details of Baghirathi Holdings 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 activities of Baghirathi Holdings are financial and insurance service and professional, scientific and technical. In detail, this covers other financial activities and advertising and market research. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | |
| M | Professional, Scientific and Technical | M6 | Advertising and market research |
To see the full business activity and turnover split of Baghirathi Holdings Private Limited, buy the company report.
Financials of Baghirathi Holdings Private Limited
FY 2023 filings availableBaghirathi Holdings Private Limited reported revenue of ₹2.71 Lakh (down 100% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 93% over three years. EBITDA fell 100% 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.71 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹31,280 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.97 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.6% | ||||
| Net Profit Margin | -257.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Baghirathi Holdings Private Limited, buy the company report.
Board of directors of Baghirathi Holdings Private Limited
Baghirathi Holdings has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neil Michael Joseph Also directs: Manela Agri Partners LLP, Emerging KGF Infrastructure LLP, Baghirathi Sustainability India Private Limited and 5 more | Additional Director | 01 Aug 2024 | 2 Years 2 Months | Current |
| Mahesh Hariharan Also directs: Manela Agri Partners LLP, Emerging KGF Infrastructure LLP, Baghirathi Sustainability India Private Limited and 5 more | Managing Director | 22 Feb 2006 | 20 Years 8 Months | Current |
| Rangiah Sriram Prasad | Additional Director | 04 Feb 2022 | 4 Years 8 Months | Current |
| Lucinda Mahesh | Director | 12 Oct 2021 | 5 Years 0 Months | Current |
Auditor
Baghirathi Holdings Private Limited is audited by K RAVI & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K RAVI & ASSOCIATES | FY 2021 | 011555S |
Shareholding
The shareholding of Baghirathi Holdings Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Baghirathi Holdings Private Limited, buy the company report.
Legal cases
Baghirathi Holdings Private Limited has 4 court cases on record: 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 4 | 4 | 0 |
Cases on record (2 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Bengaluru | Company petition | Filed against the company by an individual | Disposed |
| NCLT, Bengaluru | Court case (COMP.APPL) | Filed against the company by an individual | Disposed |
To see the full case history of Baghirathi Holdings Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Baghirathi Holdings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Baghirathi Holdings has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECM5614P2ZW | Karnataka | Active | 02 Mar 2020 |
To see the full GST registrations and return filing status of Baghirathi Holdings Private Limited, buy the company report.
Recent activity
Baghirathi Holdings Private Limited has 12 board changes on record since 2006: 4 appointments and 8 cessations. The latest: Neil Michael Joseph was appointed as Additional Director on 01 Aug 2024.
3 earlier events are in the company report.
Frequently asked questions
Baghirathi Holdings is an active private limited company based in Bengaluru, Karnataka, India. The company works in financial holding companies, within the financial services industry. It was incorporated on 22 February 2006 (20+ years old) and is registered under CIN U67120KA2006PTC038561.
Baghirathi Holdings has 4 current directors:
- Mahesh Hariharan - Managing Director
- Neil Michael Joseph - Additional Director
- Rangiah Sriram Prasad - Additional Director
- Lucinda Mahesh - Director
The latest financial statements of Baghirathi Holdings on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 December 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Baghirathi Holdings is 29AAECM5614P2ZW, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Baghirathi Holdings is U67120KA2006PTC038561. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Baghirathi Holdings has 4 court cases on record: 4 filed against it.
Baghirathi Holdings was incorporated on 22 February 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
Neil Michael Joseph was appointed as Additional Director on 01 Aug 2024. Neraniki Joise Raghavendra Vidyaranya Girish Kumar ceased to be CFO on 28 Oct 2022. Rangiah Sriram Prasad was appointed as Additional Director on 04 Feb 2022. Baghirathi Holdings has 12 board changes on record in total.
Baghirathi Holdings can be reached through the website baghirathi.com. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Baghirathi Holdings is at 2A – 1 H.K Arcade II Floor 1B Iti Industrial Area Mahadevapura Post, Bengaluru, Karnataka, India – 560048.