MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-28-0001808
Besto Mining India Private Limited - manufacturing in Yelagalahalli, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹25.81 Cr
▼ 7% YoY
Net profit · FY 2025
₹39.27 Lakh
Net margin 1.5%
EBITDA · FY 2025
₹2.34 Cr
EBITDA margin 9.1%
Authorised capital
₹8.35 Cr
Registered with MCA
Paid-up capital
₹8.28 Cr
Issued & subscribed
Open charges
₹6.84 Cr
Satisfied ₹98.43 Lakh
Company age
16 yrs
Est. 2010
Employees · EPFO
30
Provident fund records
About Besto Mining India Private Limited
Data last updated:
Besto Mining India Private Limited is a private limited company based in Yelagalahalli, Karnataka, India. It operates in the construction materials segment of the manufacturing sector. It was incorporated on 14 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U13209KA2010PTC053636. Its GSTIN is 29AAECB1308H1ZY (Karnataka).
The company has an authorised share capital of ₹8.35 Cr and a paid-up capital of ₹8.28 Cr. It is led by directors Padmanabhan Puthen Veettil House Sivasankaran Nair (Whole-Time Director) and Devadas Shenoy.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Survey No. 450/2 Yelagalahalli Village Mandikal Hobli Chikkaballapura Taluk, Karnataka, India – 562104.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.81 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹39.27 Lakh (net margin 1.5%) and EBITDA of ₹2.34 Cr (EBITDA margin 9.1%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 4% over five years.
The company has about 30 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Besto Mining. As per MCA filings, the company has open charges of ₹6.84 Cr and satisfied charges of ₹98.43 Lakh on record. Court records list 3 cases involving the company, including 3 filed by the company. The company has 6 deals on record (3 secondary share transfers, 3 funding rounds), with disclosed funding of ₹3.58 Cr; the latest was in September 2017.
Besto Mining India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-28-0001808). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bestomining.com.
Company details
CIN U13209KA2010PTC053636
Registration Number 053636
Incorporation Date 14 May 2010
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-28-0001808
Key People
Padmanabhan Puthen Veettil House Sivasankaran Nair Whole-Time Director Devadas Shenoy Director Recognitions & Rankings of Besto Mining India
Contact details
Besto Mining India Private Limited's registered office is in Yelagalahalli, Karnataka. Its website is bestomining.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurvey No. 450/2 Yelagalahalli Village Mandikal Hobli Chikkaballapura Taluk, Karnataka, India – 562104
- IndustryManufacturing, Construction Materials
To see the full contact details of Besto Mining India Private Limited, buy the company report.
Comprehensive company report
Besto Mining India 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
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Secure checkout · GST invoice included
Brands
Besto Mining India operates one associated brand: Besto Mining. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Mining and production of manufactured sand and dry mix mortars for construction in India. | bestomining.com |
Business activity
The main business activity of Besto Mining India is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Besto Mining India Private Limited, buy the company report.
Financials of Besto Mining India Private Limited
FY 2025 filings availableBesto Mining India Private Limited reported revenue of ₹25.81 Cr (down 7% YoY) for FY 2025.
Revenue · FY 2025
₹25.81 Cr ▼ 7%
Net profit · FY 2025
₹39.27 Lakh margin 1.5%
EBITDA · FY 2025
₹2.34 Cr margin 9.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 8%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▼ 9%
3 years · compounded
▲ 42%
5 years · compounded
▲ 26%
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 9% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.34 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹39.27 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.1% | ||||
| Net Profit Margin | 1.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Besto Mining India Private Limited, buy the company report.
Board of directors of Besto Mining India Private Limited
Besto Mining India has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Padmanabhan Puthen Veettil House Sivasankaran Nair | Whole-Time Director | 20 Feb 2019 | 7 Years 8 Months | Current |
| Devadas Shenoy | Director | 23 Nov 2015 | 10 Years 11 Months | Current |
Auditor
Besto Mining India Private Limited is audited by MUTHANNA & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MUTHANNA & ASSOCIATES | FY 2021 | 002236S |
Shareholding
The shareholding of Besto Mining India Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Besto Mining India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹6.84 Cr
Satisfied charges
₹98.43 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Feb 2025 | 101043413 | Canara Bank | ₹27 Lakh | Open | |
| 04 Mar 2024 | 100879340 | Canara Bank | ₹41 Lakh | Open | |
| 31 Jul 2023 | 100764644 | Canara Bank | ₹24 Lakh | Open | |
| 16 Sep 2020 | 100370018 | Canara Bank | ₹5.25 Lakh | Open | |
| 31 Aug 2020 | 100366110 | Canara Bank | ₹6.25 Lakh | Open |
To see the full charge records of Besto Mining India Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Besto Mining India Private Limited has 6 deals on record (3 secondary share transfers, 3 funding rounds), with disclosed funding of ₹3.58 Cr; the latest was in September 2017.
Total deals
6
Secondary share transfers
3
Funding rounds
3
Disclosed funding
₹3.58 Cr
Deals on record (3 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 3 individuals |
| Sep 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Besto Ice Creams Private Limited , an individual |
To see the full deal history of Besto Mining India 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
Besto Mining India Private Limited has 3 court cases on record: 3 filed by Besto Mining India. All cases are disposed.
Total cases
3
Filed by the company
3
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against The Deputy Commissioner | Disposed |
| High Court, KARNATAKA | Writ petition | Filed by the company against The State of Karnataka and 7 others | Disposed |
To see the full case history of Besto Mining India 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.
Credit ratings & regulatory alerts
Besto Mining India Private Limited was last rated by Icra on 18 May 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 18 May 2022 |
To see the full credit ratings and regulatory alerts of Besto Mining India Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Besto Mining India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Besto Mining India Private Limited has a workforce of 30 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
30
Active EPFO establishments
1
Employee growth
7.14%
GST
Besto Mining India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECB1308H1ZY | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Besto Mining India Private Limited, buy the company report.
Recent activity
Besto Mining India Private Limited has 12 board changes on record since 2013: 2 appointments and 10 cessations. The latest: Kuruvilla Joseph Kelachandra ceased to be Additional Director on 17 Jan 2023.
AGM
Besto Mining India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Besto Mining India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Canara Bank amounted to Rs. 0.27 Cr with Charge ID 101043413 was registered on 11 Feb 2025.
Charges
A charge with Canara Bank amounted to Rs. 0.41 Cr with Charge ID 100879340 was registered on 04 Mar 2024.
Charges
A charge with Canara Bank amounted to Rs. 0.24 Cr with Charge ID 100764644 was registered on 31 Jul 2023.
Ceased
Kuruvilla Joseph Kelachandra ceased to be Additional Director.
Charges
A charge with Canara Bank of Rs. 5.40 Cr registered on 28 Jul 2014 with Charge ID 10517248 was modified on 25 May 2022.
Charges
A charge registered on 31 Mar 2017 via Charge ID 100107865 with Others was fully satisfied on 09 Feb 2022.
Charges
A charge registered on 24 Sep 2018 via Charge ID 100256544 with Yes Bank Limited was fully satisfied on 27 Oct 2021.
Charges
A charge registered on 13 Mar 2018 via Charge ID 100185448 with Hdfc Bank Limited was fully satisfied on 07 Sep 2021.
Charges
A charge with Canara Bank amounted to Rs. 0.05 Cr with Charge ID 100370018 was registered on 16 Sep 2020.
Charges
A charge with Canara Bank amounted to Rs. 0.06 Cr with Charge ID 100366110 was registered on 31 Aug 2020.
17 earlier events are in the company report.
Frequently asked questions
Besto Mining India is an active private limited company based in Yelagalahalli, Karnataka, India. The company works in construction materials, within the manufacturing industry. It was incorporated on 14 May 2010 (16+ years old) and is registered under CIN U13209KA2010PTC053636.
Besto Mining India has 2 current directors:
- Padmanabhan Puthen Veettil House Sivasankaran Nair - Whole-Time Director
- Devadas Shenoy - Director
The latest financial statements of Besto Mining India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Besto Mining India is 29AAECB1308H1ZY, registered in Karnataka.
The CIN (Corporate Identification Number) of Besto Mining India is U13209KA2010PTC053636. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Besto Mining India has 3 court cases on record: 3 filed by the company.
Besto Mining India was incorporated on 14 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Besto Mining India has 6 deals on record (3 secondary share transfers, 3 funding rounds), with disclosed funding of ₹3.58 Cr; the latest was in September 2017.
Kuruvilla Joseph Kelachandra ceased to be Additional Director on 17 Jan 2023. Padmanabhan Puthen Veettil House Sivasankaran Nair ceased to be Director on 20 Sep 2019. Padmanabhan Puthen Veettil House Sivasankaran Nair was appointed as Whole-Time Director on 20 Feb 2019. Besto Mining India has 12 board changes on record in total.
Yes, Besto Mining India is registered as a small enterprise under Udyam registration (number: UDYAM-KR-28-0001808).