About Bhalkeshwar Sugars Limited
Data last updated:
Bhalkeshwar Sugars Limited is a public limited company based in Bidar, Karnataka, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It specialises in sugar processing, a part of the broader agriculture sector. Incorporated on 02 June 2000, the company has been in operation for over 26 years.
Registered with ROC Bangalore under CIN U15421KA2000PLC027184.
Capital: an authorised share capital of ₹70 Cr and a paid-up capital of ₹69.36 Cr. It is led by directors including Khandre Prakash and Dattatray Dhondiba Pawar.
Last AGM: 15 November 2024. Financial statements filed for year ended 31 March 2024. Office: Bhalki Tal. Bhalki Bidar Dist., Karnataka, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹145.01 Cr, a decline of 28% compared to the previous year.
The company has a workforce of approximately 84 employees as per the latest available data.
The company is associated with 1 brand - Bhalkeshwarsugars. As per MCA filings, the company has open charges of ₹464.33 Cr and satisfied charges of ₹2 Cr on record.
The company is undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional, and the company may not be able to independently enter into new commitments. The last known website on record is bhalkeshwarsugars.com.
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- Website
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- Registered AddressBhalki Tal. Bhalki Bidar Dist., Karnataka, India
- IndustryAgriculture, Sugar Processing
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Bhalkeshwar Sugars
Bhalkeshwar Sugars operates one associated brand: Bhalkeshwarsugars. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures sugar, bio-fertilizer, ethanol, and power in Karnataka. | bhalkeshwarsugars.com |
Business Activity of Bhalkeshwar Sugars
The main business activity of Bhalkeshwar Sugars is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products | Locked |
Business activity turnover details for Bhalkeshwar Sugars Limited
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Bhalkeshwar Sugars
Bhalkeshwar Sugars Limited is audited by PRAVEEN P & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PRAVEEN P & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history for Bhalkeshwar Sugars Limited
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors and KMP of Bhalkeshwar Sugars Limited
Bhalkeshwar Sugars Limited currently reports 11 directors and 1 key managerial person. 7 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Khandre Prakash | Managing Director | 02 Jun 2000 | 26 Years 4 Months | As last reported |
| Dattatray Dhondiba Pawar Also directs: HDP Enterprises Private Limited | Director | 17 Jan 2011 | 15 Years 8 Months | As last reported |
| Revansiddappa Also directs: NRPS Associates LLP | Cfo | 01 Mar 2021 | 5 Years 7 Months | As last reported |
| Shanker Dasharathrao Kotarki Also directs: KJD Pharma Private Limited, K Swikrut Biz Ventures Private Limited | Director | 17 Jan 2011 | 15 Years 8 Months | As last reported |
| Rachappa Baswanappa Patil | Director | 17 Jan 2011 | 15 Years 8 Months | As last reported |
| Prasanna Prakash Khandre | Director | 17 Jan 2011 | 15 Years 8 Months | As last reported |
Financials of Bhalkeshwar Sugars Limited FY 2024 filings available
Bhalkeshwar Sugars Limited reported revenue of ₹145.01 Cr (down 28.00% YoY) for FY 2024.
Ten-year financial statements for Bhalkeshwar Sugars Limited
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Bhalkeshwar Sugars
Shareholding and ownership data for Bhalkeshwar Sugars Limited
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Bhalkeshwar Sugars
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Aug 2025 | Others | ₹38 Cr | Open |
| 18 Jan 2020 | Others | ₹30 Cr | Open |
| 19 Oct 2019 | Others | ₹20 Cr | Open |
| 19 Oct 2019 | Others | ₹8.15 Cr | Open |
| 11 Oct 2019 | Ifci Limited | ₹9.6 Cr | Open |
Total charge records: 14 View all charges
Employees and EPFO Compliance at Bhalkeshwar Sugars
Bhalkeshwar Sugars Limited has a workforce of 84 employees as of Apr 10, 2024.
Employee and EPFO history for Bhalkeshwar Sugars Limited
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Bhalkeshwar Sugars
GST registrations and filing compliance for Bhalkeshwar Sugars Limited
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Bhalkeshwar Sugars
Credit ratings, litigation, and regulatory alerts for Bhalkeshwar Sugars Limited
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Bhalkeshwar Sugars
MSME payment history for Bhalkeshwar Sugars Limited
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Bhalkeshwar Sugars
Corporate group structure for Bhalkeshwar Sugars Limited
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Bhalkeshwar Sugars
MCA filings and documents for Bhalkeshwar Sugars Limited
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Bhalkeshwar Sugars
Frequently Asked Questions about Bhalkeshwar Sugars Limited
Bhalkeshwar Sugars is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Bhalkeshwar Sugars is a company under insolvency, formerly operating as a public limited company in the agriculture sector based in Bidar, Karnataka, India. It was incorporated on 02 June 2000 and is registered under CIN U15421KA2000PLC027184. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Bhalkeshwar Sugars reported revenue of ₹145.01 Cr for FY 2024 (down 28.00% YoY).
The current directors and KMP of Bhalkeshwar Sugars are:
- Khandre Prakash - Managing Director
- Dattatray Dhondiba Pawar - Director
- Revansiddappa - Cfo
- Shanker Dasharathrao Kotarki - Director
- Rachappa Baswanappa Patil - Director
- Prasanna Prakash Khandre - Director
- Uttam Chand Sethiya - Director
- Jagadish Chanabasappa Khandre - Director
- Jeevanrao Patil - Director
- Mithalal Sethiya - Director
- Guruprasad Khandre - Director
- Ritesh Raghunath Mahajan - Irp/Rp/Liquidator
The CIN (Corporate Identification Number) of Bhalkeshwar Sugars is U15421KA2000PLC027184. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhalkeshwar Sugars has open charges of ₹464.33 Cr and satisfied charges of ₹2 Cr as per latest MCA filings.