Bagla International Private Limited
About Bagla International Private Limited
Data last updated:
Bagla International Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Nisiddh Vision Private Limited. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 09 October 2009.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2009PTC196362. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.53 Cr. It was formerly known as Mishka Gold Jewellery Private Limited and Kbj Bullion Limited. It is led by directors Siddhant Bagla Rajendrakumar and Irtesh Mishra.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2015, the company reported a revenue of ₹1,141.49 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net loss of ₹1.87 Cr (net margin -0.2%) and EBITDA of ₹5.37 Cr (EBITDA margin 0.5%).
As per MCA filings, the company has open charges of ₹74.49 Cr on record. Court records list 9 cases involving the company, including 3 filed by the company and 7 filed against it; 1 case is pending.
Company details
Name history
Bagla International has undergone 3 name changes throughout its history. The company was previously known as Mishka Gold Jewellery Private Limited, Kbj Bullion Limited, and Mishka Gold Jewellery Limited. The current legal name is Bagla International Private Limited.
| Company Name | Status |
|---|---|
| Bagla International Private Limited | Current |
| Mishka Gold Jewellery Private Limited | Previous |
| Kbj Bullion Limited | Previous |
| Mishka Gold Jewellery Limited | Previous |
CIN history
Bagla International has one previous CIN (Corporate Identification Number): U51909MH2009PLC196362. The current CIN is U51909MH2009PTC196362, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909MH2009PTC196362 | Current |
| U51909MH2009PLC196362 | Previous |
Contact details
Bagla International 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. 2A 1st Floor Jaihind Estate Building No.1 Dr. Atmaram Merchant Road Bhulesh, War, Mumbai, Maharashtra, India – 400002
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Bagla International 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 activity of Bagla International is manufacturing. In detail, this covers repair & installation of machinery & equipment, motor vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles |
To see the full business activity and turnover split of Bagla International Private Limited, buy the company report.
Financials of Bagla International Private Limited
FY 2016 filings availableBagla International Private Limited reported revenue of ₹1,141.49 Cr (up 18% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 18% in the latest year. EBITDA fell 34% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹1,141.49 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹5.37 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹1.87 Cr |
| 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 0.5% |
| Net Profit Margin | -0.2% |
| 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 | |
To see the full financial statements and ratios of Bagla International Private Limited, buy the company report.
Board of directors of Bagla International Private Limited
Bagla International has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Irtesh Mishra | Additional Director | 05 Jun 2016 | 10 Years 5 Months | As last reported |
| Siddhant Bagla Rajendrakumar | Director | 26 Aug 2014 | 12 Years 2 Months | As last reported |
Auditor
Bagla International Private Limited is audited by DIXIT DATTATRAY & ASSOCIATES for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DIXIT DATTATRAY & ASSOCIATES | FY 2015 | 102665W |
Shareholding
The shareholding of Bagla International Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Bagla International Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jan 2011 | 10299247 | Others | ₹39.49 Cr | Open | |
| 20 Apr 2010 | 10220898 | Bank of India | ₹35 Cr | Open |
To see the full charge records of Bagla International Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Bagla International Private Limited has 9 court cases on record: 3 filed by Bagla International, 7 filed against it. 1 case is pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 3 | 1 |
| District courts | 3 | 3 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1807-Ordinary Civil Matters : Others) | Filed against the company by Jitendra Kapoor Business Personal Guarantor of Bagla International Pvt. Ltd. Formerly Known As Mishka Gold Jewellery Pvt. Ltd. (Currently Under Liquidation) 66/66A, KBJ Plaza, Sheikh Memon Street, Zaveri Bazaar ,Mumbai , Maharashtra | Disposed |
| Supreme Court | Court case (1807-Ordinary Civil Matters : Others) | Filed by the company against Bagla International Pvt. Ltd. (in Liquidation) Through the Official Liquidator, High Court Bombay Having Its Registered Address at Flat No. 2A, 1St Floor, Jaihind Estate Building No. 1, Dr. Atmaram Merchant Road, Bhuleshwar, ,Mumbai , Maharashtra and 3 others | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by PR. Commissioner of Income Tax-4 | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by an individual | Disposed |
| High Court, MAHARASHTRA | Court case (OLR) | Filed by the company against individuals | Disposed |
To see the full case history of Bagla International 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 Bagla International Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bagla International has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Bagla International Private Limited, buy the company report.
Recent activity
Bagla International Private Limited has 10 board changes on record since 2010: 2 appointments and 8 cessations. The latest: Irtesh Mishra was appointed as Additional Director on 05 Jun 2016.
5 earlier events are in the company report.
Frequently asked questions
Bagla International is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Bagla International is a company under liquidation, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 09 October 2009 and is registered under CIN U51909MH2009PTC196362. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Bagla International has 2 current directors:
- Irtesh Mishra - Additional Director
- Siddhant Bagla Rajendrakumar - Director
The latest financial statements of Bagla International on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Bagla International is U51909MH2009PTC196362. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bagla International has open charges of ₹74.49 Cr and no satisfied charges on record as per latest MCA filings.
Bagla International has 9 court cases on record: 3 filed by the company and 7 filed against it. 1 is pending. Most are in the high courts.
Bagla International was incorporated on 09 October 2009. It is registered with the Registrar of Companies, Mumbai.
Irtesh Mishra was appointed as Additional Director on 05 Jun 2016. Niket Shivkumar Mehra ceased to be Director on 05 Jun 2016. Jitendra Gulshan Kapoor ceased to be Director on 19 Oct 2015. Bagla International has 10 board changes on record in total.
The registered office of Bagla International is at Flat No. 2A 1st Floor Jaihind Estate Building No.1 Dr. Atmaram Merchant Road Bhulesh, War, Mumbai, Maharashtra, India – 400002.
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