About Besco Ltd.
Data last updated:
Besco Ltd. is a public limited company based in Kolkata, West Bengal, India. It operates in the railway equipment and supply segment of the transport and logistics sector. It was incorporated on 23 December 1928 and has been in existence for over 98 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN L27109WB1928PLC006190. Its GSTIN is 19AABCB2723R1ZC (West Bengal). The company holds 11 GST registrations, of which 5 are active. It is recorded as listed by MCA, but its shares were delisted from BSE on 11 May 2018 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹4.36 Cr. It was formerly known as The Hukumchand Electric Steel Company and Limited. It is led by directors including Om Prakash Tantia (Managing Director) and Arun Kumar Tantia (Managing Director).
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 5/2 Russel Street Poonam Building 7th Floor, Kolkata, West Bengal, India – 700071.
As per the financials filed for FY 2024, the company reported a revenue of ₹533.34 Cr, a growth of 147% compared to the previous year. For the same year it recorded a net profit of ₹5.31 Cr (net margin 1%) and EBITDA of ₹9.65 Cr (EBITDA margin 1.8%). Revenue has grown at a compounded annual rate (CAGR) of 111% over three years and 115% over five years.
The company has about 131 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Besco Limited. As per MCA filings, the company has open charges of ₹98.42 Cr and satisfied charges of ₹6.75 Cr on record. Court records list 172 cases involving the company, including 91 filed by the company and 81 filed against it; 32 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website ombesco.in.
Company details
CIN history
Besco has one previous CIN (Corporate Identification Number): U27109WB1928PLC006190. The current CIN is L27109WB1928PLC006190, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L27109WB1928PLC006190 | Current |
| U27109WB1928PLC006190 | Previous |
Contact details
Besco Ltd.'s registered office is in Kolkata, West Bengal. Its website is ombesco.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address5/2 Russel Street Poonam Building 7th Floor, Kolkata, West Bengal, India – 700071
- IndustryTransport and Logistics, Railway Equipment & Supply
To see the full contact details of Besco Ltd., 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
Brands
Besco operates one associated brand: BESCO LIMITED. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Wagon manufacturing and supply for Indian Railways based in Kolkata. | ombesco.in |
Business activity
The main business activity of Besco is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Besco Ltd., buy the company report.
Financials of Besco Ltd.
FY 2025 filings availableBesco Ltd. reported revenue of ₹533.34 Cr (up 147% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 115% over five years, including 147% growth in the latest year. EBITDA rose 58% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹9.65 Cr | ||||
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| Net Profit (PAT) | ₹5.31 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.8% | ||||
| Net Profit Margin | 1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Besco Ltd., buy the company report.
Board of directors of Besco Ltd.
Besco has 8 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhusudan Tantia Also directs: Sellwin Investments Pvt Ltd, Bascon (Consultants) Pvt Ltd | Director | 01 Sep 1991 | 35 Years 1 Months | Current |
| Om Prakash Tantia Also directs: Sellwin Investments Pvt Ltd, Bascon (Consultants) Pvt Ltd | Managing Director | 19 Jun 1967 | 59 Years 4 Months | Current |
| Arun Kumar Tantia | Managing Director | 08 Apr 1972 | 54 Years 6 Months | Current |
| Sidharth Tantia | Director | 04 Jun 2004 | 22 Years 4 Months | Current |
| Mihir Kumar Mukherjee Also directs: Rock Chemicals and Phosphate Ltd, Besco Corportion Limited, Dhankuber Impex Pvt. Ltd. and 2 more | Director | 22 Jan 2025 | 1 Years 9 Months | Current |
| Shaswat Tantia Also directs: Aarna Metasteel LLP, Flocast Steel Private Limited, Besco Corportion Limited and 2 more | Director | 22 Jan 2025 | 1 Years 9 Months | Current |
Peer comparison
Besco Ltd. is compared with the 3 companies closest to it by revenue in the Transport and Logistics industry (Railway Equipment and Products), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Siechem Technologies Private Limited | ₹1,078.3 Cr (FY 2025) | 24.0% | Chennai, Tamil Nadu, India | |||
| Plasser (India) Private Limited | ₹835.7 Cr (FY 2025) | -48.0% | New Delhi, Delhi, India | |||
| Besco Ltd.this company | ₹533.34 Cr (FY 2024) | ₹5.31 Cr | 1% | 147.0% | 131 | Kolkata, West Bengal, India |
| Medha Traction Equipment Private Limited | ₹468.04 Cr (FY 2025) | -14.0% | Chowdaryguda Village, Telangana, India |
To see the full peer comparison of Besco Ltd., buy the company report.
Auditor
Besco Ltd. is audited by RAHUL BANSAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAHUL BANSAL & ASSOCIATES | FY 2023 | 327098E |
Shareholding
The shareholding of Besco Ltd. is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Besco Ltd., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Dec 2024 | 101096043 | Hdfc Bank Limited | ₹16.91 Lakh | Open | |
| 06 Aug 2024 | 101001905 | State Bank of India | ₹10 Cr | Open | |
| 29 Jun 2024 | 100986412 | Others | ₹30 Lakh | Open | |
| 30 Mar 2024 | 100940880 | Hdfc Bank Limited | ₹17.6 Lakh | Open | |
| 15 Feb 2024 | 100912560 | Others | ₹15 Lakh | Open |
To see the full charge records of Besco Ltd., buy the company report.
Total charge records: 9 View all charges
Legal cases
Besco Ltd. has 172 court cases on record: 91 filed by Besco, 81 filed against it. 32 cases are pending and 140 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 90 | 21 | 6 |
| District courts | 73 | 54 | 25 |
| Supreme Court | 5 | 2 | 1 |
| NCLT | 4 | 4 | 0 |
Cases on record (5 of 172)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Court case (TS) | Filed by the company against Dhanvridhi Commercial Private Limited and 1 other | Pending |
| District court, Calcutta, West Bengal | Court case (MEX) | Filed against the company by Hindcon Chemicals Pvt. Ltd. | Pending |
| High Court, West Bengal | Court case (FMAT (ARBAWARD)) | Filed against the company by M/S Jaggi Brothers Overseas Pvt Ltd Pallavi Pain | Disposed |
| District court, Calcutta, West Bengal | Interim or miscellaneous application | Filed by the company against M/S Jaggi Brothers Overseas Pvt Ltd | Disposed |
| NCLT, Kolkata | Petition | Filed against the company by Oswal Minerals Limited | Disposed |
To see the full case history of Besco Ltd., 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.
Credit ratings & regulatory alerts
Besco Ltd. was last rated by Care on 12 Jun 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 12 Jun 2020 |
To see the full credit ratings and regulatory alerts of Besco Ltd., buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Besco Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Besco Ltd. has a workforce of 131 employees on its EPFO records as of Apr 08, 2024, across 3 active EPFO establishments.
GST
Besco has 11 GST registrations: 5 active and 6 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCB2723R1ZC | West Bengal | Active | 01 Jul 2017 |
| 19AABCB2723R2ZB | West Bengal | Active | 30 Jul 2017 |
| 19AABCB2723R4Z9 | West Bengal | Active | 30 Aug 2017 |
| 06AABCB2723R1ZJ | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Besco Ltd., buy the company report.
Recent activity
Besco Ltd. has 16 board changes on record since 1967: 12 appointments and 4 cessations. The latest: Mihir Kumar Mukherjee was appointed as Director on 22 Jan 2025.
19 earlier events are in the company report.
Frequently asked questions
Besco is an active public limited company based in Kolkata, West Bengal, India. The company works in railway equipment and supply, within the transport and logistics industry. It was incorporated on 23 December 1928 (98+ years old) and is registered under CIN L27109WB1928PLC006190.
Besco has 8 current directors:
- Om Prakash Tantia - Managing Director
- Arun Kumar Tantia - Managing Director
- Madhusudan Tantia - Director
- Sidharth Tantia - Director
- Mihir Kumar Mukherjee - Director
- Shaswat Tantia - Director
- Anant Tantia - Director
- Samar Jha - Director
The latest financial statements of Besco on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Besco is 19AABCB2723R1ZC, registered in West Bengal. The company has 11 GST registrations in all, of which 5 are active and 6 are cancelled or inactive. Other active GSTINs include 19AABCB2723R2ZB (West Bengal), 19AABCB2723R4Z9 (West Bengal), 06AABCB2723R1ZJ (Haryana).
The CIN (Corporate Identification Number) of Besco is L27109WB1928PLC006190. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Besco is recorded as a listed company by MCA, but its shares were delisted from BSE on 11 May 2018 · compulsory delisting, and no longer trade on a stock exchange.
Besco has 172 court cases on record: 91 filed by the company and 81 filed against it. 32 are pending. Most are in the high courts.
Besco was incorporated on 23 December 1928, making it 98+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Besco by revenue are Siechem Technologies Private Limited, Plasser (India) Private Limited, Medha Traction Equipment Private Limited, all in the Transport and Logistics industry (Railway Equipment and Products), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Mihir Kumar Mukherjee was appointed as Director on 22 Jan 2025. Prabir Chakravarti ceased to be Director on 22 Jan 2025. Shaswat Tantia was appointed as Director on 22 Jan 2025. Besco has 16 board changes on record in total.
Besco can be reached through the website ombesco.in. Its registered office is in Kolkata, West Bengal, India.