Baidyanath Renewables Private Limited
About Baidyanath Renewables Private Limited
Data last updated:
Baidyanath Renewables Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Mahalaxmi Commercial Services Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the financial holding companies segment of the financial services sector. It was incorporated on 21 April 1999.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U40300MH1999PTC305244. Its GSTIN is 27AABCB6927B1ZY (Maharashtra).
The company had an authorised share capital of ₹75 Cr and a paid-up capital of ₹50.65 Cr. It was formerly known as Baidyanath Herbs and Spices Private Limited. It was led by directors Pranavkumar Sureshkumar Sharma and Shriram Kannan.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2017, the company reported a revenue of ₹56.42 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹49.06 Cr and EBITDA of ₹51.18 Cr.
Its group structure included 6 subsidiaries.
As per MCA filings, the company had open charges of ₹138.3 Cr and satisfied charges of ₹268.5 Cr on record. The company has 8 deals on record (5 secondary share transfers, 2 funding rounds, 1 acquisition), with disclosed funding of ₹50.89 Cr; the latest was in July 2017.
Company details
CIN history
Baidyanath Renewables has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U40300MH1999PTC305244, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40300MH1999PTC305244 | Current |
| U40300MH1999PTC119542 | Previous |
| U15495MH1999PTC119542 | Previous |
| U40300CH1999PTC041340 | Previous |
Contact details
Baidyanath Renewables Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address404 Fourth Floor Plot – 293/299 Chartered House Dr Cawasji Hormasji Lane Fish Market K, Albadevi, Mumbai, Maharashtra, India – 400002
- IndustryFinancial Services, Financial Holding Companies
To see the full contact details of Baidyanath Renewables 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
Financials of Baidyanath Renewables Private Limited
FY 2017 filings availableBaidyanath Renewables Private Limited reported revenue of ₹56.42 Lakh (up 480% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 480% in the latest year. EBITDA rose 438% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹56.42 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹51.18 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹49.06 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | |||
| Net Profit Margin | |||
| 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 Baidyanath Renewables Private Limited, buy the company report.
Board of directors of Baidyanath Renewables Private Limited
Baidyanath Renewables has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pranavkumar Sureshkumar Sharma | Director | 15 Sep 2003 | 23 Years 1 Months | As last reported |
| Shriram Kannan Also directs: Siddhayu Pharma Private Limited, Siddhayu Healthcare Private Limited, Siddhayu LNG Private Limited and 2 more | Director | 07 Oct 2017 | 9 Years 1 Months | As last reported |
Auditor
Baidyanath Renewables Private Limited is audited by J K AGARWAL & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J K AGARWAL & CO | FY 2017 | 100071W |
Shareholding
The shareholding of Baidyanath Renewables Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Baidyanath Renewables Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 May 2017 | 100144633 | Others | ₹90 Cr | Open | |
| 28 Nov 2016 | 100064840 | Others | ₹6 Cr | Open | |
| 27 Nov 2015 | 10616697 | Others | ₹42.3 Cr | Open | |
| 29 Sep 2016 | 100054144 | Others | ₹264 Cr | Satisfied | |
| 08 Nov 2014 | 10540748 | Bank of India | ₹4.5 Cr | Satisfied |
To see the full charge records of Baidyanath Renewables Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Baidyanath Renewables Private Limited has 8 deals on record (5 secondary share transfers, 2 funding rounds, 1 acquisition), with disclosed funding of ₹50.89 Cr; the latest was in July 2017.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2017 | Funding round | ₹50.44 Cr | Investors: Mahalaxmi Commercial Services Private Limited , 3 individuals |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Mahalaxmi Commercial Services Private Limited Seller: 2 individuals |
| Sep 2013 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Rasik Food Private Limited, Nova Marketing Private Limited , Alintosch Pharma Limited |
| Sep 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Markdata Green Energy Private Limited , Siddhayu Ayurvedic Res Foundation Private Limited, Mahalaxmi Commercial Services Private Limited |
| Sep 2011 | Secondary share transfer | Undisclosed | Buyer: Markdata Green Energy Private Limited , Update Marketing Private Limited , Nova Marketing Private Limited Seller: Suman Sales and Services Private Limited , Sarsan Securities P Ltd , Amtik International Private Limited |
To see the full deal history of Baidyanath Renewables Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Baidyanath Renewables 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 Baidyanath Renewables Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Baidyanath Renewables has 6 subsidiary companies and 2 associated companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Siddhayu Green Energy Private Limited | U40300CH2005PTC041248 | |
| Siddhayu Green Energy Private Limited | U40300CH2005PTC041248 | |
| Baidyanath Power Private Limited | U40300MH2009PTC192059 | |
| Baidyanath Power Private Limited | U40300MH2009PTC192059 | |
| Dev-Dwarka Windproject Limited | U40300MH2014PLC257945 | |
| Dev-Dwarka Windproject Limited | U40300MH2014PLC257945 |
To see the full group structure of Baidyanath Renewables Private Limited, buy the company report.
GST
Baidyanath Renewables has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCB6927B1ZY | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Baidyanath Renewables Private Limited, buy the company report.
Recent activity
Baidyanath Renewables Private Limited has 13 board changes on record since 2003: 2 appointments and 11 cessations. The latest: Anuradha Sangeeta Parmar ceased to be Company Secretary on 28 Mar 2019.
12 earlier events are in the company report.
Frequently asked questions
Baidyanath Renewables has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Baidyanath Renewables was a private limited company based in Mumbai, Maharashtra, India. The company worked in financial holding companies, within the financial services industry. It was incorporated on 21 April 1999 and is registered under CIN U40300MH1999PTC305244. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Baidyanath Renewables was incorporated on 21 April 1999. It is registered with the Registrar of Companies, Mumbai.
Baidyanath Renewables had 2 directors:
- Pranavkumar Sureshkumar Sharma - Director
- Shriram Kannan - Director
The CIN (Corporate Identification Number) of Baidyanath Renewables is U40300MH1999PTC305244. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Baidyanath Renewables is at 404 Fourth Floor Plot – 293299 Chartered House Dr Cawasji Hormasji Lane Fish Market K, Albadevi, Mumbai, Maharashtra, India – 400002.
The latest financial statements of Baidyanath Renewables on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
The GSTIN of Baidyanath Renewables is 27AABCB6927B1ZY, registered in Maharashtra.
Baidyanath Renewables operated in the financial services industry, in the financial holding companies segment.
Baidyanath Renewables has 8 deals on record (5 secondary share transfers, 2 funding rounds, 1 acquisition), with disclosed funding of ₹50.89 Cr; the latest was in July 2017.
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