- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MP-10-0007017

About Bhagawati Globus Private Limited
Data last updated:
Bhagawati Globus Private Limited is a private limited company based in Bhopal, Madhya Pradesh, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 18 November 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U51100MP2011PTC027144. Its GSTIN is 23AAQCS6111D1ZM (Madhya Pradesh).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.5 Cr. It was formerly known as Shilpa Infrastructure Development Services Private Limited. It is led by directors Aditya Chaore and Sarita Chaore.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at H. No. A – 1 Sector – A Royal Residency, Bhopal, Madhya Pradesh, India – 462016.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.95 Cr, a decline of 59% compared to the previous year. For the same year it recorded a net loss of ₹41.83 Lakh (net margin -2.3%) and EBITDA of ₹64.23 Lakh (EBITDA margin 3.6%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years and 7% over five years.
As per MCA filings, the company has open charges of ₹30.99 Cr and satisfied charges of ₹60 Lakh on record.
Bhagawati Globus Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-10-0007017). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bhagawatigroup.com.
Company details
Name history
Bhagawati Globus has undergone 2 name changes throughout its history. The company was previously known as Bhagawati Globus Private Limited, and Shilpa Infrastructure Development Services Private Limited. The current legal name is Bhagawati Globus Private Limited.
| Company Name | Status |
|---|---|
| Bhagawati Globus Private Limited | Current |
| Shilpa Infrastructure Development Services Private Limited | Previous |
CIN history
Bhagawati Globus has one previous CIN (Corporate Identification Number): U70101MP2011PTC027144. The current CIN is U51100MP2011PTC027144, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51100MP2011PTC027144 | Current |
| U70101MP2011PTC027144 | Previous |
Recognitions & Rankings of Bhagawati Globus
Contact details
Bhagawati Globus Private Limited's registered office is in Bhopal, Madhya Pradesh. Its website is bhagawatigroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressH. No. A – 1 Sector – A Royal Residency, Bhopal, Madhya Pradesh, India – 462016
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Bhagawati Globus 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 activity of Bhagawati Globus 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 Bhagawati Globus Private Limited, buy the company report.
Financials of Bhagawati Globus Private Limited
FY 2024 filings availableBhagawati Globus Private Limited reported revenue of ₹17.95 Cr (down 59% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 59% fall in the latest year. EBITDA fell 50% 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 |
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| EBITDA | ₹64.23 Lakh | ||||
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| Net Profit (PAT) | -₹41.83 Lakh | ||||
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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 | 3.6% | ||||
| Net Profit Margin | -2.3% | ||||
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To see the full financial statements and ratios of Bhagawati Globus Private Limited, buy the company report.
Board of directors of Bhagawati Globus Private Limited
Bhagawati Globus has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aditya Chaore | Director | 12 Mar 2018 | 8 Years 7 Months | Current |
| Sarita Chaore Also directs: Decision Science Research Labs Private Limited | Director | 10 Mar 2022 | 4 Years 7 Months | Current |
Peer comparison
Bhagawati Globus Private Limited is compared with the 5 companies closest to it by revenue in the Machinery and Equipment industry (Machinery and Equipment 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 |
|---|---|---|---|---|---|---|
| Auto Power Gen Systems Private Limited | ₹18.1 Cr (FY 2025) | 19.0% | Pune, Maharashtra, India | |||
| Simpson Drives and Controls Private Limited | ₹18.04 Cr (FY 2025) | 0.0% | Jaipur, Rajasthan, India | |||
| Sarva Distributors Private Limited | ₹18.02 Cr (FY 2025) | 49.0% | Bangalore, Karnataka, India | |||
| Bhagawati Globus Private Limitedthis company | ₹17.95 Cr (FY 2025) | -₹41.83 Lakh | -2.3% | -59.0% | Bhopal, Madhya Pradesh, India | |
| Lorch Welding Products Private Limited | ₹17.83 Cr (FY 2023) | 34.0% | Kolkata, West Bengal, India | |||
| Chandra Commercial Private Limited | ₹17.79 Cr (FY 2025) | 8.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Bhagawati Globus Private Limited, buy the company report.
Auditor
Bhagawati Globus Private Limited is audited by Amit Gangandas Bajaj & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Amit Gangandas Bajaj & Associates | FY 2023 | 016815C |
Shareholding
The shareholding of Bhagawati Globus Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bhagawati Globus Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jul 2023 | 100767383 | Standard Chartered Bank | ₹3 Cr | Open | |
| 08 Mar 2022 | 100586785 | Others | ₹58.5 Lakh | Open | |
| 03 Jul 2020 | 100346727 | Others | ₹40 Lakh | Open | |
| 16 Aug 2018 | 100197760 | Others | ₹20 Cr | Open | |
| 19 Oct 2012 | 10390426 | Punjab National Bank | ₹50 Lakh | Open |
To see the full charge records of Bhagawati Globus Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
No court or tribunal cases involving Bhagawati Globus Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bhagawati Globus Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bhagawati Globus has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAQCS6111D1ZM | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bhagawati Globus Private Limited, buy the company report.
Recent activity
Bhagawati Globus Private Limited has 8 board changes on record since 2011: 5 appointments and 3 cessations. The latest: Vikram Singh Kirar ceased to be Director on 05 Jul 2024.
9 earlier events are in the company report.
Frequently asked questions
Bhagawati Globus is an active private limited company based in Bhopal, Madhya Pradesh, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 18 November 2011 (15+ years old) and is registered under CIN U51100MP2011PTC027144.
Bhagawati Globus has 2 current directors:
- Aditya Chaore - Director
- Sarita Chaore - Director
The latest financial statements of Bhagawati Globus on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Bhagawati Globus is 23AAQCS6111D1ZM, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Bhagawati Globus is U51100MP2011PTC027144. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhagawati Globus was incorporated on 18 November 2011, making it 15+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Bhagawati Globus by revenue are Auto Power Gen Systems Private Limited, Simpson Drives and Controls Private Limited, Sarva Distributors Private Limited, Lorch Welding Products Private Limited, Chandra Commercial Private Limited, all in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading).
Vikram Singh Kirar ceased to be Director on 05 Jul 2024. Vikram Singh Kirar was appointed as Director on 08 Jan 2024. Sarita Chaore was appointed as Director on 10 Mar 2022. Bhagawati Globus has 8 board changes on record in total.
Yes, Bhagawati Globus is registered as a medium enterprise under Udyam registration (number: UDYAM-MP-10-0007017).
Bhagawati Globus can be reached through the website bhagawatigroup.com. Its registered office is in Bhopal, Madhya Pradesh, India.
The registered office of Bhagawati Globus is at H. No. A – 1 Sector – A Royal Residency, Bhopal, Madhya Pradesh, India – 462016.