About Bhalkeshwar Sugars Limited
Data last updated: 19 October 2025
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.
-
EmailLocked
-
TelephoneLocked
-
Website
-
Social MediaLocked
-
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 Limited
Bhalkeshwar Sugars Limited operates one associated brand: Bhalkeshwarsugars. These brands represent Bhalkeshwar Sugars Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Manufactures sugar, bio-fertilizer, ethanol, and power in Karnataka. | bhalkeshwarsugars.com |
Business Activity of Bhalkeshwar Sugars Limited
Bhalkeshwar Sugars Limited is engaged in the principal business activity of manufacturing, with detailed activities including 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 contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Bhalkeshwar Sugars Limited
Bhalkeshwar Sugars Limited is audited by PRAVEEN P & ASSOCIATES for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PRAVEEN P & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history for Bhalkeshwar Sugars Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- 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 2 Months | As last reported |
|
Dattatray Dhondiba Pawar
Also directs:
Hdp Enterprises Private Limited
|
Director | 17 Jan 2011 | 15 Years 6 Months | As last reported |
|
Revansiddappa
Also directs:
Nrps Associates Llp
|
Cfo | 01 Mar 2021 | 5 Years 5 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 6 Months | As last reported |
| Rachappa Baswanappa Patil | Director | 17 Jan 2011 | 15 Years 6 Months | As last reported |
| Prasanna Prakash Khandre | Director | 17 Jan 2011 | 15 Years 6 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
Historical statement values and trend charts require an active report plan.
- 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 Limited
Shareholding and ownership data for Bhalkeshwar Sugars Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- 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 Limited
| 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 Limited
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, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Bhalkeshwar Sugars Limited
GST registrations and filing compliance for Bhalkeshwar Sugars Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- 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 Limited
Credit ratings, litigation, and regulatory alerts for Bhalkeshwar Sugars Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- 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 Limited
MSME payment history for Bhalkeshwar Sugars Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- 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 Limited
Corporate group structure for Bhalkeshwar Sugars Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- 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 Limited
MCA filings and documents for Bhalkeshwar Sugars Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- 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 Limited
Frequently Asked Questions about Bhalkeshwar Sugars Limited
Bhalkeshwar Sugars Limited 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 Limited 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 Limited reported revenue of ₹145.01 Cr for FY 2024 (down 28.00% YoY).
The current directors and KMP of Bhalkeshwar Sugars Limited 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 Limited 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 Limited has open charges of ₹464.33 Cr and satisfied charges of ₹2 Cr as per latest MCA filings.