- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-21-0005107

Bhagvati Bikes Private Limited
About Bhagvati Bikes Private Limited
Data last updated:
Bhagvati Bikes Private Limited is a private limited company based in Himatnagar, Gujarat, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 03 January 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U50403GJ2013PTC073246. Its GSTIN is 24AAFCB3465L1ZK (Gujarat).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Prakash Narayanbhai Patel and Jigneshkumar Shankarbhai Patel.
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 Plot No.4 Survey No.23 Opp. Dwarkesh Complex Bypass Road Motipura Himatnagar, Gujarat, India – 383001.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.16 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹85,255 (net margin 0.2%) and EBITDA of ₹7.91 Lakh (EBITDA margin 1.5%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 12% over five years.
As per MCA filings, the company has open charges of ₹2.13 Cr on record.
Bhagvati Bikes Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-21-0005107). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Bhagvati Bikes
Contact details
Bhagvati Bikes Private Limited's registered office is in Himatnagar, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No.4 Survey No.23 Opp. Dwarkesh Complex Bypass Road Motipura Himatnagar, Gujarat, India – 383001
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Bhagvati Bikes 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 Bhagvati Bikes 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 Bhagvati Bikes Private Limited, buy the company report.
Financials of Bhagvati Bikes Private Limited
FY 2025 filings availableBhagvati Bikes Private Limited reported revenue of ₹5.16 Cr (up 3% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 3% growth in the latest year. EBITDA rose 10% 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 | ₹7.91 Lakh | ||||
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| Net Profit (PAT) | ₹85,255 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 1.5% | ||||
| Net Profit Margin | 0.2% | ||||
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To see the full financial statements and ratios of Bhagvati Bikes Private Limited, buy the company report.
Board of directors of Bhagvati Bikes Private Limited
Bhagvati Bikes has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakash Narayanbhai Patel | Director | 03 Jan 2013 | 13 Years 9 Months | Current |
| Jigneshkumar Shankarbhai Patel | Director | 03 Jan 2013 | 13 Years 9 Months | Current |
| Hardikumar Jayantilal Patel | Director | 03 Jan 2013 | 13 Years 9 Months | Current |
| Pashiben Mohanbhai Patel | Director | 03 Jan 2013 | 13 Years 9 Months | Current |
Peer comparison
Bhagvati Bikes Private Limited is compared with the 6 companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers), 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 |
|---|---|---|---|---|---|---|
| Hamabo India Private Limited | ₹5.21 Cr (FY 2025) | 22.0% | Gurugram, Haryana, India | |||
| New Rajesh Agencies Private Limited | ₹5.18 Cr (FY 2024) | 6.0% | Hajipur, Bihar, India | |||
| Hindustaan Autolink Private Limited | ₹5.18 Cr (FY 2024) | 42.0% | Mumbai, Maharashtra, India | |||
| Bhagvati Bikes Private Limitedthis company | ₹5.16 Cr (FY 2024) | ₹85,255 | 0.2% | 3.0% | Himatnagar, Gujarat, India | |
| Bafna Motorcycles Private Limited | ₹5.16 Cr (FY 2021) | -69.0% | Mumbai, Maharashtra, India | |||
| Sunrise Earthmovers Private Limited | ₹5.15 Cr (FY 2025) | 11.0% | Delhi, India | |||
| GGP Auto Solutions India Private Limited | ₹5.15 Cr (FY 2025) | 18.0% | Pune, Maharashtra, India |
To see the full peer comparison of Bhagvati Bikes Private Limited, buy the company report.
Auditor
Bhagvati Bikes Private Limited is audited by ANIL M PATEL & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANIL M PATEL & CO | FY 2022 | 127194W |
Shareholding
The shareholding of Bhagvati Bikes 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 Bhagvati Bikes Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jan 2024 | 100866167 | Axis Bank Limited | ₹85 Lakh | Open | |
| 08 Aug 2013 | 10477678 | State Bank of India | ₹50 Lakh | Open | |
| 31 Jul 2013 | 10487264 | State Bank of India | ₹78.25 Lakh | Open |
To see the full charge records of Bhagvati Bikes Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Bhagvati Bikes 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 Bhagvati Bikes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bhagvati Bikes has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCB3465L1ZK | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bhagvati Bikes Private Limited, buy the company report.
Recent activity
Bhagvati Bikes Private Limited has 4 board changes on record since 2013: 4 appointments. The latest: Hardikumar Jayantilal Patel was appointed as Director on 03 Jan 2013.
Frequently asked questions
Bhagvati Bikes is an active private limited company based in Himatnagar, Gujarat, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 03 January 2013 (13+ years old) and is registered under CIN U50403GJ2013PTC073246.
Bhagvati Bikes has 4 current directors:
- Prakash Narayanbhai Patel - Director
- Jigneshkumar Shankarbhai Patel - Director
- Hardikumar Jayantilal Patel - Director
- Pashiben Mohanbhai Patel - Director
The latest financial statements of Bhagvati Bikes 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 Bhagvati Bikes is 24AAFCB3465L1ZK, registered in Gujarat.
The CIN (Corporate Identification Number) of Bhagvati Bikes is U50403GJ2013PTC073246. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhagvati Bikes was incorporated on 03 January 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Bhagvati Bikes by revenue are Hamabo India Private Limited, New Rajesh Agencies Private Limited, Hindustaan Autolink Private Limited, Bafna Motorcycles Private Limited, Sunrise Earthmovers Private Limited and 1 more, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (wholesale trading).
Hardikumar Jayantilal Patel was appointed as Director on 03 Jan 2013. Jigneshkumar Shankarbhai Patel was appointed as Director on 03 Jan 2013. Pashiben Mohanbhai Patel was appointed as Director on 03 Jan 2013. Bhagvati Bikes has 4 board changes on record in total.
Yes, Bhagvati Bikes is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-21-0005107).
The registered office of Bhagvati Bikes is at Plot No.4 Survey No.23 Opp. Dwarkesh Complex Bypass Road Motipura Himatnagar, Gujarat, India – 383001.
Bhagvati Bikes operates in the automotive industry, in the auto dealership and trading segment.