Bgi Engitech Private Limited

Bgi Engitech Private Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U29100GJ2010FTC063138 Incorporated 04 December 2010 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Foreign Private Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2024
₹25.36 Cr
▲ 63% YoY
Net profit · FY 2024
₹67.85 Lakh
Net margin 2.7%
EBITDA · FY 2024
₹1.16 Cr
EBITDA margin 4.6%
Authorised capital
₹1.3 Cr
Registered with MCA
Paid-up capital
₹1.18 Cr
Issued & subscribed
Open charges
₹4.31 Cr
Satisfied ₹7.82 Lakh
Company age
16 yrs
Est. 2010
Employees · EPFO
58
Provident fund records

About Bgi Engitech Private Limited

Data last updated:

Bgi Engitech Private Limited is a foreign private limited company based in Ahmedabad, Gujarat, India, a subsidiary of B. G. Ilanit Gates & Urban Elements Ltd.. It operates in the security products segment of the manufacturing sector. It was incorporated on 04 December 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29100GJ2010FTC063138. Its GSTIN is 24AAECB3509N1ZO (Gujarat).

The company has an authorised share capital of ₹1.3 Cr and a paid-up capital of ₹1.18 Cr. It is led by directors including Raymalbhai Ishvarbhai Desai and Zeev Elis.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Devashish Industrial Park, Ahmedabad, Gujarat.

As per the financials filed for FY 2024, the company reported a revenue of ₹25.36 Cr, a growth of 63% compared to the previous year. For the same year it recorded a net profit of ₹67.85 Lakh (net margin 2.7%) and EBITDA of ₹1.16 Cr (EBITDA margin 4.6%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 10% over five years.

The company has about 58 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: BGI Engitech. As per MCA filings, the company has open charges of ₹4.31 Cr and satisfied charges of ₹7.82 Lakh on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 1 case is pending.

Bgi Engitech Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0020855). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bgiengitech.com.

Company details

CIN U29100GJ2010FTC063138
Registration Number 063138
Incorporation Date 04 December 2010
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company B. G. Ilanit Gates & Urban Elements Ltd.
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0020855
Key People
Raymalbhai Ishvarbhai Desai Director Zeev Elis Director Shay Netah Director

Recognitions & Rankings of Bgi Engitech

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-01-0020855

Contact details

Bgi Engitech Private Limited's registered office is in Ahmedabad, Gujarat. Its website is bgiengitech.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    bgiengitech.com
  • Social Media
  • Registered Address
    Devashish Industrial Park 25(A) 25(B), Pirana Road Village Paldi Kankaj Taluka Daskroi, Ahmedabad, Gujarat, India – 382425
  • Industry
    Manufacturing, Security Products

To see the full contact details of Bgi Engitech Private Limited, buy the company report.

Comprehensive company report
Bgi Engitech 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

Bgi Engitech operates one associated brand: BGI Engitech. Each brand links to its own profile.

BrandDescriptionWebsite
BGI Engitech
Security solutions including bollards, barriers, and gates are provided by BGI Engitech in India and globally.bgiengitech.com

Business activity

The main business activities of Bgi Engitech are manufacturing and support service to organizations. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and other support services to organizations. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment
NSupport service to OrganizationsN7Other support services to organizations

To see the full business activity and turnover split of Bgi Engitech Private Limited, buy the company report.

Financials of Bgi Engitech Private Limited

FY 2024 filings available

Bgi Engitech Private Limited reported revenue of ₹25.36 Cr (up 63% YoY) for FY 2024.

Revenue · FY 2024
₹25.36 Cr ▲ 63%
Net profit · FY 2024
₹67.85 Lakh margin 2.7%
EBITDA · FY 2024
₹1.16 Cr margin 4.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 63%
3 years · compounded
▲ 23%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 27%
3 years · compounded
▲ 11%
5 years · compounded
▲ 5%

Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 63% growth in the latest year. EBITDA rose 27% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.16 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹67.85 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin4.6%
Net Profit Margin2.7%
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 Bgi Engitech Private Limited, buy the company report.

Board of directors of Bgi Engitech Private Limited

Bgi Engitech has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Raymalbhai Ishvarbhai DesaiDirector21 Jun 20233 Years 4 MonthsCurrent
Zeev ElisDirector04 Dec 201015 Years 11 MonthsCurrent
Shay NetahDirector04 Dec 201015 Years 11 MonthsCurrent
View all directors

Auditor

Bgi Engitech Private Limited is audited by Pankaj R. Shah & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Pankaj R. Shah & AssociatesFY 2023107361W

Shareholding

The shareholding of Bgi Engitech Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Bgi Engitech Private Limited, buy the company report.

Charges & borrowings

Open charges
₹4.31 Cr
Satisfied charges
₹7.82 Lakh
Breakdown by lending institutions
State Bank of India₹4.25 Cr
Hdfc Bank Limited₹0.06 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Mar 2024100913877State Bank of India₹4.25 CrOpen
22 Jan 2024100850517Hdfc Bank Limited₹6 LakhOpen
15 Dec 2020100413700Hdfc Bank Limited₹7.82 LakhSatisfied

To see the full charge records of Bgi Engitech Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

Bgi Engitech Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 116 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 8)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
Bhoomi Fabricating Solutions Private Limited
Technocoat Engineering
Core Hydraulics Private Limited

To see the full MSME payment records of Bgi Engitech Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Bgi Engitech Private Limited has a workforce of 58 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.

Employee count
58
Active EPFO establishments
1
Employee growth
1.75%

GST

Bgi Engitech has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAECB3509N1ZOGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Bgi Engitech Private Limited, buy the company report.

Recent activity

Bgi Engitech Private Limited has 9 board changes on record since 2010: 3 appointments and 6 cessations. The latest: Raymalbhai Ishvarbhai Desai ceased to be Additional Director on 29 Sep 2023.

Charges
A charge with State Bank Of India of Rs. 4.25 Cr registered on 30 Mar 2024 with Charge ID 100913877 was modified on 16 Sep 2025.
AGM
Bgi Engitech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Bgi Engitech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with State Bank Of India amounted to Rs. 4.25 Cr with Charge ID 100913877 was registered on 30 Mar 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.06 Cr with Charge ID 100850517 was registered on 22 Jan 2024.
Charges
A charge registered on 15 Dec 2020 via Charge ID 100413700 with Hdfc Bank Limited was fully satisfied on 07 Dec 2023.
Ceased
Raymalbhai Ishvarbhai Desai ceased to be Additional Director.
Appointed
Raymalbhai Ishvarbhai Desai was appointed as Director.
Ceased
Vasudev Pandey ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.08 Cr with Charge ID 100413700 was registered on 15 Dec 2020.
Ceased
Pinaz Naushad Dodiya ceased to be Additional Director.
Ceased
Dhara Hemantkumar Patel ceased to be Director.

5 earlier events are in the company report.

Frequently asked questions

Bgi Engitech is an active foreign private limited company based in Ahmedabad, Gujarat, India. The company works in security products, within the manufacturing industry. It was incorporated on 04 December 2010 (16+ years old) and is registered under CIN U29100GJ2010FTC063138.

Bgi Engitech has 3 current directors:

The latest financial statements of Bgi Engitech on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Bgi Engitech is 24AAECB3509N1ZO, registered in Gujarat.

The CIN (Corporate Identification Number) of Bgi Engitech is U29100GJ2010FTC063138. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Bgi Engitech has 5 court cases on record: 3 filed by the company and 2 filed against it. 1 is pending.

Bgi Engitech was incorporated on 04 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Raymalbhai Ishvarbhai Desai ceased to be Additional Director on 29 Sep 2023. Raymalbhai Ishvarbhai Desai was appointed as Director on 21 Jun 2023. Vasudev Pandey ceased to be Additional Director on 30 Nov 2021. Bgi Engitech has 9 board changes on record in total.

Yes, Bgi Engitech is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0020855).

Bgi Engitech has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 116 overdue payments to 8 micro and small suppliers. The latest return was filed on 30 May 2019.

Bgi Engitech can be reached through the website bgiengitech.com. Its registered office is in Ahmedabad, Gujarat, India.