Bhanderi Lab Grown Private Limited

Bhanderi Lab Grown Private Limited - financial services in Surat, Gujarat, India. FY 2026 financials & compliance.
CIN U32111GJ2021PTC127893 Incorporated 10 December 2021 ROC Ahmedabad HQ Surat, Gujarat, India
Active Private Limited Company financial services MSME · Small
Data last updated
Revenue · FY 2025
₹13.81 Cr
▼ 56% YoY
Net loss · FY 2025
₹1.85 Cr
Net margin -13.4%
EBITDA · FY 2025
₹1.9 Cr
EBITDA margin 13.8%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹95.24 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Employees · EPFO
2
Provident fund records

About Bhanderi Lab Grown Private Limited

Data last updated:

Bhanderi Lab Grown Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the forex services segment of the financial services sector. It was incorporated on 10 December 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U32111GJ2021PTC127893. Its GSTIN is 24AAKCB3712F1Z2 (Gujarat).

The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹10 Lakh. It is led by directors Ghanshyambhai Maganbhai Bhanderi and Prakashbhai Maganbhai Bhanderi.

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 Bhanderi House F.P. No 32 Cs No.2002 Nr Umiya Dham Temple Varachha, Surat, Gujarat, India – 395008.

As per the financials filed for FY 2025, the company reported a revenue of ₹13.81 Cr, a decline of 56% compared to the previous year. For the same year it recorded a net loss of ₹1.85 Cr (net margin -13.4%) and EBITDA of ₹1.9 Cr (EBITDA margin 13.8%). Revenue has grown at a compounded annual rate (CAGR) of 880% over three years.

The company has about 2 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹95.24 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 3 cases are pending.

Bhanderi Lab Grown Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0129111). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website blgdlab.com.

Company details

CIN U32111GJ2021PTC127893
Registration Number 127893
Incorporation Date 10 December 2021
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-22-0129111

CIN history

Bhanderi Lab Grown has one previous CIN (Corporate Identification Number): U36900GJ2021PTC127893. The current CIN is U32111GJ2021PTC127893, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U32111GJ2021PTC127893Current
U36900GJ2021PTC127893Previous
Key People
Ghanshyambhai Maganbhai Bhanderi Director Prakashbhai Maganbhai Bhanderi Director

Recognitions & Rankings of Bhanderi Lab Grown

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-22-0129111

Contact details

Bhanderi Lab Grown Private Limited's registered office is in Surat, Gujarat.

  • Social Media
  • Apps
  • Registered Address
    Bhanderi House F.P. No 32 Cs No.2002 Nr Umiya Dham Temple Varachha, Surat, Gujarat, India – 395008
  • Industry
    Financial Services, Forex Services
Comprehensive company report
Bhanderi Lab Grown Private Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Bhanderi Lab Grown is manufacturing. In detail, this covers other manufacturing.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing32Other manufacturing

To see the full business activity and turnover split of Bhanderi Lab Grown Private Limited, buy the company report.

Financials of Bhanderi Lab Grown Private Limited

FY 2025 filings available

Bhanderi Lab Grown Private Limited reported revenue of ₹13.81 Cr (down 56% YoY) for FY 2025.

Revenue · FY 2025
₹13.81 Cr ▼ 56%
Net loss · FY 2025
₹1.85 Cr margin -13.4%
EBITDA · FY 2025
₹1.9 Cr margin 13.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 56%
3 years · compounded
▲ 880%
EBITDA CAGR growth
1 year
▲ 40%

Revenue fell 56% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 880%. EBITDA rose 40% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.9 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.85 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin13.8%
Net Profit Margin-13.4%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Bhanderi Lab Grown Private Limited, buy the company report.

Board of directors of Bhanderi Lab Grown Private Limited

Bhanderi Lab Grown has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Ghanshyambhai Maganbhai Bhanderi
Also directs: Bhanderi Iot LLP, Bhanderi Crystal LLP, Bhanderi Lab Grown Diamonds LLP and 2 more
Director10 Dec 20214 Years 11 MonthsCurrent
Prakashbhai Maganbhai Bhanderi
Also directs: Bhanderi Crystal LLP, Bhanderi Lab Grown Diamonds LLP
Director10 Dec 20214 Years 11 MonthsCurrent
View all directors

Charges & borrowings

Open charges
₹95.24 Cr
Satisfied charges
None
Breakdown by lending institutions
Axis Bank Limited₹67.74 Cr
Others₹20.00 Cr
City Union Bank Limited₹7.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
05 May 2023100723063Others₹20 CrOpen
28 Mar 2023100705166Axis Bank Limited₹67.74 CrOpen
06 May 2022100583460City Union Bank Limited₹7.5 CrOpen

To see the full charge records of Bhanderi Lab Grown Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

Bhanderi Lab Grown Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 10 overdue payments to 10 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 10)

SupplierAmount dueDue sinceReported on
Khushi Textile
Marshall Technocast Private Limited
Tirupati Sales Corporation
Matrix Aluminium
an individual supplier

To see the full MSME payment records of Bhanderi Lab Grown Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Bhanderi Lab Grown has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAKCB3712F1Z2GujaratActive28 Jan 2022

To see the full GST registrations and return filing status of Bhanderi Lab Grown Private Limited, buy the company report.

Recent activity

Bhanderi Lab Grown Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Ghanshyambhai Maganbhai Bhanderi was appointed as Director on 10 Dec 2021.

Charges
A charge with Axis Bank Limited of Rs. 67.74 Cr registered on 28 Mar 2023 with Charge ID 100705166 was modified on 24 Dec 2025.
AGM
Bhanderi Lab Grown Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Bhanderi Lab Grown Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100723063 was registered on 05 May 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 67.74 Cr with Charge ID 100705166 was registered on 28 Mar 2023.
Charges
A charge with City Union Bank Limited amounted to Rs. 7.50 Cr with Charge ID 100583460 was registered on 06 May 2022.
Appointed
Ghanshyambhai Maganbhai Bhanderi was appointed as Director.
Appointed
Prakashbhai Maganbhai Bhanderi was appointed as Director.
Incorporation
10 Dec 2021
Bhanderi Lab Grown Private Limited was registered on 10 Dec 2021 with Roc Ahmedabad & aged 4 years 11 months as per MCA records.

Frequently asked questions

Bhanderi Lab Grown is an active private limited company based in Surat, Gujarat, India. The company works in forex services, within the financial services industry. It was incorporated on 10 December 2021 (5+ years old) and is registered under CIN U32111GJ2021PTC127893.

Bhanderi Lab Grown has 2 current directors:

The latest financial statements of Bhanderi Lab Grown 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 FY 2022 are in the company report.

The GSTIN of Bhanderi Lab Grown is 24AAKCB3712F1Z2, registered in Gujarat.

The CIN (Corporate Identification Number) of Bhanderi Lab Grown is U32111GJ2021PTC127893. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Bhanderi Lab Grown has 3 court cases on record: 3 filed against it. 3 are pending.

Bhanderi Lab Grown was incorporated on 10 December 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Ghanshyambhai Maganbhai Bhanderi was appointed as Director on 10 Dec 2021. Prakashbhai Maganbhai Bhanderi was appointed as Director on 10 Dec 2021.

Yes, Bhanderi Lab Grown is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-22-0129111).

Bhanderi Lab Grown has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 10 overdue payments to 10 micro and small suppliers. The latest return was filed on 27 Apr 2024.

Bhanderi Lab Grown can be reached through the website blgdlab.com. Its registered office is in Surat, Gujarat, India.