About Bhagwati Fastners Private Limited
Data last updated:
Bhagwati Fastners Private Limited is a private limited company based in Durgapur Mc, West Bengal, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 11 December 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U28910WB2013PTC198988. Its GSTIN is 19AAFCB7539R1ZS (West Bengal).
The company has an authorised share capital of ₹11 Cr and a paid-up capital of ₹10.93 Cr. It is led by directors Chetan Prakash Bagaria (Whole-Time Director) and Rashmi Bagaria.
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 Durgapur Mc, West Bengal.
As per the financials filed for FY 2020, the company reported a revenue of ₹18.18 Cr, a decline of 61% compared to the previous year. For the same year it recorded a net loss of ₹12.13 Cr (net margin -66.8%) and EBITDA of -₹10.17 Cr (EBITDA margin -56%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 396% over five years.
The company has about 31 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹21.1 Cr on record. Court records list 18 cases involving the company, including 10 filed by the company and 8 filed against it; 8 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bhagwatifastners.com.
Company details
Contact details
Bhagwati Fastners Private Limited's registered office is in Durgapur Mc, West Bengal. Its website is bhagwatifastners.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 42 Sukumar Sen Sarani, Sector – 2A Bidhannagar, Durgapur Mc, West Bengal, India – 713212
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Bhagwati Fastners 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
Financials of Bhagwati Fastners Private Limited
FY 2025 filings availableBhagwati Fastners Private Limited reported revenue of ₹18.18 Cr (down 61% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 61% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 396%. 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹18.18 Cr | ||||
| Cost of Materials Consumed | |||||
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| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹10.17 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹12.13 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -56% | ||||
| Net Profit Margin | -66.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Bhagwati Fastners Private Limited, buy the company report.
Board of directors of Bhagwati Fastners Private Limited
Bhagwati Fastners has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chetan Prakash Bagaria | Whole-Time Director | 11 Dec 2013 | 12 Years 10 Months | Current |
| Rashmi Bagaria | Director | 11 Dec 2013 | 12 Years 10 Months | Current |
Auditor
Bhagwati Fastners Private Limited is audited by ANURAG KHETAN & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANURAG KHETAN & CO | FY 2020 | 329464E |
Shareholding
The shareholding of Bhagwati Fastners Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Bhagwati Fastners Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Apr 2015 | 10561850 | Others | ₹21.1 Cr | Open |
To see the full charge records of Bhagwati Fastners Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Bhagwati Fastners Private Limited has 18 court cases on record: 10 filed by Bhagwati Fastners, 8 filed against it. 8 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 8 | 4 |
| High courts | 6 | 0 | 4 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North Twenty Four Parganas, West Bengal | Civil suit | Filed by the company against Ghrishneshwar Engineers Private Ltd | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
| District court, West, Delhi | Civil suit | Filed against the company by Om Logistics Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
To see the full case history of Bhagwati Fastners 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
Bhagwati Fastners Private Limited was last rated by Crisil on 21 Jan 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 21 Jan 2020 |
To see the full credit ratings and regulatory alerts of Bhagwati Fastners Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bhagwati Fastners Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bhagwati Fastners Private Limited has a workforce of 31 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
GST
Bhagwati Fastners has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAFCB7539R1ZS | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bhagwati Fastners Private Limited, buy the company report.
Recent activity
Bhagwati Fastners Private Limited has 8 board changes on record since 2013: 2 appointments and 6 cessations. The latest: Tapeshwar Kumar Tandan ceased to be Additional Director on 02 Jul 2019.
1 earlier event is in the company report.
Frequently asked questions
Bhagwati Fastners is an active private limited company based in Durgapur Mc, West Bengal, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 11 December 2013 (13+ years old) and is registered under CIN U28910WB2013PTC198988.
Bhagwati Fastners has 2 current directors:
- Chetan Prakash Bagaria - Whole-Time Director
- Rashmi Bagaria - Director
The latest financial statements of Bhagwati Fastners 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 Bhagwati Fastners is 19AAFCB7539R1ZS, registered in West Bengal.
The CIN (Corporate Identification Number) of Bhagwati Fastners is U28910WB2013PTC198988. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhagwati Fastners has 18 court cases on record: 10 filed by the company and 8 filed against it. 8 are pending. Most are in the district courts.
Bhagwati Fastners was incorporated on 11 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Kolkata.
Tapeshwar Kumar Tandan ceased to be Additional Director on 02 Jul 2019. Vijay Vamanrao Kanetkar ceased to be Director on 02 Jul 2019. Chetan Prakash Bagaria ceased to be Director on 23 Oct 2018. Bhagwati Fastners has 8 board changes on record in total.
Bhagwati Fastners can be reached through the website bhagwatifastners.com. Its registered office is in Durgapur Mc, West Bengal, India.
The registered office of Bhagwati Fastners is at B – 42 Sukumar Sen Sarani, Sector – 2A Bidhannagar, Durgapur Mc, West Bengal, India – 713212.
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