Best Bins & Pallets Private Limited
About Best Bins & Pallets Private Limited
Data last updated:
Best Bins & Pallets Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 26 February 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U20296GJ2015PTC082409. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Vasudev Ramanlal Modi and Jignaben Vasudev Modi.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at B – Shop 12A Shyam Satva Beside Shyam Shikhar Naroda Dehgam Road, Ahmedabad, Gujarat, India – 382330.
As per the financials filed for FY 2018, the company reported a revenue of ₹15.24 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net loss of ₹48.88 Lakh (net margin -3.2%) and EBITDA of -₹48.88 Lakh (EBITDA margin -3.2%).
As per MCA filings, the company has open charges of ₹10.44 Cr on record. Court records list 9 cases involving the company, including 1 filed by the company and 8 filed against it; 4 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Best Bins & Pallets Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – Shop 12A Shyam Satva Beside Shyam Shikhar Naroda Dehgam Road, Ahmedabad, Gujarat, India – 382330
- IndustryManufacturing, Wood Products & MDF
To see the full contact details of Best Bins & Pallets 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 Best Bins & Pallets are manufacturing and trade. In detail, this covers wood and wood products, furniture, paper and paper products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Best Bins & Pallets Private Limited, buy the company report.
Financials of Best Bins & Pallets Private Limited
FY 2018 filings availableBest Bins & Pallets Private Limited reported revenue of ₹15.24 Cr (up 9% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 9% in the latest year. EBITDA fell 610% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹15.24 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹48.88 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹48.88 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -3.2% | |||
| Net Profit Margin | -3.2% | |||
| 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 Best Bins & Pallets Private Limited, buy the company report.
Board of directors of Best Bins & Pallets Private Limited
Best Bins & Pallets has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vasudev Ramanlal Modi | Director | 26 Feb 2015 | 11 Years 8 Months | Current |
| Jignaben Vasudev Modi | Director | 26 Feb 2015 | 11 Years 8 Months | Current |
Peer comparison
Best Bins & Pallets Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Industrial Packaging, Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Zigma Laminates and Systems Private Limited | ₹15.39 Cr (FY 2017) | -41.0% | Sinnar, Maharashtra, India | |||
| SGR Moulds India Private Limited | ₹15.33 Cr (FY 2024) | 70.0% | Erode, Tamil Nadu, India | |||
| Best Bins & Pallets Private Limitedthis company | ₹15.24 Cr (FY 2018) | -₹48.88 Lakh | -3.2% | 9.0% | Ahmedabad, Gujarat, India | |
| Central India Veneers Private Limited | ₹15.22 Cr (FY 2024) | -9.0% | Nagpur, Maharashtra, India | |||
| Veenashree Foam & Furnishing Private Limited | ₹15.19 Cr (FY 2024) | 2.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Best Bins & Pallets Private Limited, buy the company report.
Auditor
Best Bins & Pallets Private Limited is audited by KOTHARI SANGAWAT & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KOTHARI SANGAWAT & ASSOCIATES | FY 2018 | 132985W |
Shareholding
The shareholding of Best Bins & Pallets Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Best Bins & Pallets Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jul 2018 | 100190552 | Others | ₹1 Cr | Open | |
| 01 Mar 2016 | 10623295 | Others | ₹4.84 Cr | Open | |
| 31 Oct 2015 | 10604068 | Others | ₹2.5 Cr | Open | |
| 31 Oct 2015 | 10604087 | Oriental Bank of Commerce | ₹2.1 Cr | Open |
To see the full charge records of Best Bins & Pallets Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Best Bins & Pallets Private Limited has 9 court cases on record: 1 filed by Best Bins & Pallets, 8 filed against it. 4 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 8 | 4 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hisar, Haryana | Criminal miscellaneous application | Filed against the company by M/S BMS Impex Pvt. Ltd | Disposed |
| District court, West, Delhi | Criminal case | Filed against the company by Zircon Exports Pvt Ltd | Disposed |
| District court, Hisar, Haryana | Court case (N ACT) | Filed against the company by M/S BMS Impex Pvt. Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Arun Trading Company- Dahyabhai Narandas Patel | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against Punjab National Bank, Authorised Officer, | Disposed |
To see the full case history of Best Bins & Pallets 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 Best Bins & Pallets Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Best Bins & Pallets 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 Best Bins & Pallets Private Limited, buy the company report.
Recent activity
Best Bins & Pallets Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Jignaben Vasudev Modi was appointed as Director on 26 Feb 2015.
Frequently asked questions
Best Bins & Pallets is an active private limited company based in Ahmedabad, Gujarat, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 26 February 2015 (11+ years old) and is registered under CIN U20296GJ2015PTC082409.
Best Bins & Pallets has 2 current directors:
- Vasudev Ramanlal Modi - Director
- Jignaben Vasudev Modi - Director
The latest financial statements of Best Bins & Pallets on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
No. Best Bins & Pallets has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Best Bins & Pallets is U20296GJ2015PTC082409. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Best Bins & Pallets has 9 court cases on record: 1 filed by the company and 8 filed against it. 4 are pending. Most are in the district courts.
Best Bins & Pallets was incorporated on 26 February 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Best Bins & Pallets by revenue are Zigma Laminates and Systems Private Limited, SGR Moulds India Private Limited, Central India Veneers Private Limited, Veenashree Foam & Furnishing Private Limited, all in the Manufacturing industry (Industrial Packaging, Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Jignaben Vasudev Modi was appointed as Director on 26 Feb 2015. Vasudev Ramanlal Modi was appointed as Director on 26 Feb 2015.
The registered office of Best Bins & Pallets is at B – Shop 12A Shyam Satva Beside Shyam Shikhar Naroda Dehgam Road, Ahmedabad, Gujarat, India – 382330.
Best Bins & Pallets operates in the manufacturing industry, in the wood products and mdf segment.
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