MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-11-0018251
Banga Electronics Private Limited
Banga Electronics Private Limited - consumer electronics & durables in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹54.21 Cr
▲ 267% YoY
Net profit · FY 2021
₹92.62 Lakh
Net margin 1.7%
EBITDA · FY 2021
₹2.45 Cr
EBITDA margin 4.5%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹49.5 Lakh
Issued & subscribed
Open charges
₹5.07 Cr
Secured borrowings
Company age
19 yrs
Est. 2007
Directors on board
2
As per MCA filings
About Banga Electronics Private Limited
Data last updated:
Banga Electronics Private Limited is a private limited company based in Delhi, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 23 August 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U32204DL2007PTC167322. Its GSTIN is 07AADCB2109B1ZG (Delhi). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹49.5 Lakh. It is led by directors Kiran Banga and Om Parkash Banga.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at J – 9/32 Ground Floor Rajouri Garden, Delhi, India – 110027.
As per the financials filed for FY 2021, the company reported a revenue of ₹54.21 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹92.62 Lakh (net margin 1.7%) and EBITDA of ₹2.45 Cr (EBITDA margin 4.5%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹5.07 Cr on record. Court records list 13 cases involving the company, including 9 filed by the company and 4 filed against it.
Banga Electronics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-11-0018251). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U32204DL2007PTC167322
Registration Number 167322
Incorporation Date 23 August 2007
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-DL-11-0018251
Key People
Kiran Banga Director Om Parkash Banga Director Recognitions & Rankings of Banga Electronics
Contact details
Banga Electronics Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressJ – 9/32 Ground Floor Rajouri Garden, Delhi, India – 110027
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Banga Electronics Private Limited, buy the company report.
Comprehensive company report
Banga Electronics 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 Banga Electronics is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Banga Electronics Private Limited, buy the company report.
Financials of Banga Electronics Private Limited
FY 2021 filings availableBanga Electronics Private Limited reported revenue of ₹54.21 Cr (up 267% YoY) for FY 2021.
Revenue · FY 2021
₹54.21 Cr ▲ 267%
Net profit · FY 2021
₹92.62 Lakh margin 1.7%
EBITDA · FY 2021
₹2.45 Cr margin 4.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 267%
3 years · compounded
▲ 4%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▲ 186%
3 years · compounded
▼ 30%
5 years · compounded
▼ 3%
Revenue rose 267% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 186% 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 | ₹54.21 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.45 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹92.62 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.5% | ||||
| Net Profit Margin | 1.7% | ||||
| 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 Banga Electronics Private Limited, buy the company report.
Board of directors of Banga Electronics Private Limited
Banga Electronics has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kiran Banga Also directs: Banga Ceramics Private Limited, Nicetel Electronic Private Limited | Director | 01 Sep 2016 | 10 Years 1 Months | Current |
| Om Parkash Banga Also directs: Banga Brothers Private Limited, Banga Ceramics Private Limited, Nicetel Electronic Private Limited and 1 more | Director | 23 Aug 2007 | 19 Years 2 Months | Current |
Peer comparison
Banga Electronics Private Limited is compared with the 6 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cauvery Electricals Private Limited | ₹54.49 Cr (FY 2024) | -17.0% | Bangalore, Karnataka, India | |||
| Cool World Private Limited | ₹54.47 Cr (FY 2021) | -34.0% | Mumbai, Maharashtra, India | |||
| Agarwal Beverages Private Limited | ₹54.21 Cr (FY 2025) | 28.0% | Kalol, Gujarat, India | |||
| Banga Electronics Private Limitedthis company | ₹54.21 Cr (FY 2021) | ₹92.62 Lakh | 1.7% | 267.0% | Delhi, India | |
| Shridhar Minerals Private Limited | ₹54.16 Cr (FY 2025) | 48.0% | Gandhidham, Gujarat, India | |||
| Elgin Electronics Private Limited | ₹53.97 Cr (FY 2025) | -5.0% | Delhi, India | |||
| Nova Home Appliances Private Limited | ₹53.62 Cr (FY 2025) | -11.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Banga Electronics Private Limited, buy the company report.
Auditor
Banga Electronics Private Limited is audited by D D BAHETI & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D D BAHETI & CO | FY 2021 | 031506N |
Shareholding
The shareholding of Banga Electronics Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Banga Electronics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5.07 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Jul 2021 | 100477718 | Hdfc Bank Limited | ₹10 Lakh | Open | |
| 07 Nov 2013 | 10458063 | Hdfc Bank Limited | ₹4.97 Cr | Open |
To see the full charge records of Banga Electronics Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Banga Electronics Private Limited has 13 court cases on record: 9 filed by Banga Electronics, 4 filed against it. All cases are disposed.
Total cases
13
Filed by the company
9
Filed against the company
4
Disposed
13
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 3 | 0 |
| High courts | 1 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Commercial suit | Filed against the company by Quantum Hi Tech Merchandising P Ltd | Disposed |
| District court, West, Delhi | Court case (Counter Claim) | Filed against the company by M/S Xor Technologies LLP | Disposed |
| District court, West, Delhi | Commercial suit | Filed by the company against M/S Xor Technologies LLP | Disposed |
| District court, West, Delhi | Criminal case | Filed by the company against Ms Hanumanta Land Promoters Pvt. Ltd | Disposed |
| District court, North, Delhi | Civil suit | Filed against the company by State | Disposed |
To see the full case history of Banga Electronics 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 Banga Electronics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Banga Electronics has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
Total GSTINs
5
Active
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCB2109B1ZG | Delhi | Active | 01 Jul 2017 |
| 27AADCB2109B1ZE | Maharashtra | Active | 27 May 2020 |
| 06AADCB2109B1ZI | Haryana | Active | 17 Sep 2020 |
| 36AADCB2109B1ZF | Telangana | Active | 19 Sep 2020 |
To see the full GST registrations and return filing status of Banga Electronics Private Limited, buy the company report.
Recent activity
Banga Electronics Private Limited has 4 board changes on record since 2007: 2 appointments and 2 cessations. The latest: Ramesh Lal Sahi ceased to be Director on 05 Sep 2016.
AGM
Banga Electronics Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 10.00 Lakh with Charge ID 100477718 was registered on 08 Jul 2021.
Filing
Banga Electronics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Delhi.
Charges
A charge with Hdfc Bank Limited of Rs. 497.00 Lakh registered on 07 Nov 2013 with Charge ID 10458063 was modified on 07 Oct 2020.
Ceased
Ramesh Lal Sahi ceased to be Director.
Appointed
Kiran Banga was appointed as Director.
Ceased
Vinod Kumar Banga ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 497.00 Lakh with Charge ID 10458063 was registered on 07 Nov 2013.
Appointed
Om Parkash Banga was appointed as Director.
Incorporation
23 Aug 2007
Banga Electronics Private Limited was registered on 23 Aug 2007 with Roc Delhi & aged 19 years 2 months as per MCA records.
Frequently asked questions
Banga Electronics is an active private limited company based in Delhi, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 23 August 2007 (19+ years old) and is registered under CIN U32204DL2007PTC167322.
Banga Electronics has 2 current directors:
- Kiran Banga - Director
- Om Parkash Banga - Director
The latest financial statements of Banga Electronics on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Banga Electronics is 07AADCB2109B1ZG, registered in Delhi. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 27AADCB2109B1ZE (Maharashtra), 06AADCB2109B1ZI (Haryana), 36AADCB2109B1ZF (Telangana).
The CIN (Corporate Identification Number) of Banga Electronics is U32204DL2007PTC167322. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Banga Electronics has 13 court cases on record: 9 filed by the company and 4 filed against it. Most are in the district courts.
Banga Electronics was incorporated on 23 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Banga Electronics by revenue are Cauvery Electricals Private Limited, Cool World Private Limited, Agarwal Beverages Private Limited, Shridhar Minerals Private Limited, Elgin Electronics Private Limited and 1 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).
Ramesh Lal Sahi ceased to be Director on 05 Sep 2016. Kiran Banga was appointed as Director on 01 Sep 2016. Vinod Kumar Banga ceased to be Director on 31 Jul 2015. Banga Electronics has 4 board changes on record in total.
Yes, Banga Electronics is registered as a small enterprise under Udyam registration (number: UDYAM-DL-11-0018251).
The registered office of Banga Electronics is at J – 932 Ground Floor Rajouri Garden, Delhi, India – 110027.