Bharat Energy Ventures Private Limited
About Bharat Energy Ventures Private Limited
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Bharat Energy Ventures Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Electronic Research Private Limited. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 29 August 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U40109KA1996PTC021067. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹160 Cr and a paid-up capital of ₹159.66 Cr. It was formerly known as Bharat Energy Ventures Limited. It is led by directors including Ajit Gopal Nambiar (Managing Director) and Anju Chandrasekhar.
Its last annual general meeting (AGM) was held on 24 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Dynamic House New No.64 (Old No.17) Church Street, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2021, the company reported a revenue of ₹14.83 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹52.03 Lakh (net margin -350.9%) and EBITDA of -₹76.76 Lakh. Revenue has grown at a compounded annual rate (CAGR) of 129% over three years and 33% over five years.
Its group structure includes 1 subsidiary.
The company has 3 deals on record (1 funding round, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹20.71 Cr; the latest was in May 2015.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Bharat Energy Ventures Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressDynamic House New No.64 (Old No.17) Church Street, Bangalore, Karnataka, India – 560001
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
To see the full contact details of Bharat Energy Ventures 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 Bharat Energy Ventures Private Limited
FY 2024 filings availableBharat Energy Ventures Private Limited reported revenue of ₹14.83 Lakh (up 1295% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years. 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Total Revenue | ₹14.83 Lakh | ||||
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| Total Expenses | |||||
| EBITDA | -₹76.76 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹52.03 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | -350.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Bharat Energy Ventures Private Limited, buy the company report.
Board of directors of Bharat Energy Ventures Private Limited
Bharat Energy Ventures has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anju Chandrasekhar Also directs: BPL Limited, Virtual Properties & Estates Private Limited, Dynamic Electronics Private Limited and 5 more | Director | 30 Mar 2015 | 11 Years 7 Months | Current |
| Ajit Gopal Nambiar Also directs: BPL Limited, BPL Medical Technologies Private Limited, Ramagundam Power Generation Private Limited and 3 more | Managing Director | 21 Feb 2007 | 19 Years 8 Months | Current |
| Abdulkhader Mohammed Saleem | Director | 09 May 2024 | 2 Years 6 Months | Current |
| Chandan Juneja Also directs: BPL Limited, Ramagundam Power Generation Private Limited | Director | 11 May 2022 | 4 Years 6 Months | Current |
Auditor
Bharat Energy Ventures Private Limited is audited by M K U K & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M K U K & ASSOCIATES | FY 2021 | 050113S |
Shareholding
The shareholding of Bharat Energy Ventures Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Bharat Energy Ventures Private Limited, buy the company report.
Deals & funding
Bharat Energy Ventures Private Limited has 3 deals on record (1 funding round, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹20.71 Cr; the latest was in May 2015.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2015 | Rights issue | ₹19.69 Cr | Investors: E R Computers Private Limited , Electronic Research Private Limited , Rose Garden Housing Developers Private Limited |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Electronic Research Private Limited Seller: BPL Limited |
| Nov 2008 | Funding round | ₹20.71 Cr | Investors: Rose Garden Housing Developers Private Limited , E R Computers Private Limited , Electro Investments Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Bharat Energy Ventures 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 Bharat Energy Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Bharat Energy Ventures has 1 subsidiary company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| BPL Power Projects (Ap) Private Limited | U40109TG1995PTC019105 |
To see the full group structure of Bharat Energy Ventures Private Limited, buy the company report.
GST
Bharat Energy Ventures has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Bharat Energy Ventures Private Limited, buy the company report.
Recent activity
Bharat Energy Ventures Private Limited has 12 board changes on record since 2007: 4 appointments and 8 cessations. The latest: Abdulkhader Mohammed Saleem was appointed as Director on 09 May 2024.
3 earlier events are in the company report.
Frequently asked questions
Bharat Energy Ventures is an active private limited company based in Bangalore, Karnataka, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 29 August 1996 (30+ years old) and is registered under CIN U40109KA1996PTC021067.
Bharat Energy Ventures has 4 current directors:
- Ajit Gopal Nambiar - Managing Director
- Anju Chandrasekhar - Director
- Abdulkhader Mohammed Saleem - Director
- Chandan Juneja - Director
The latest financial statements of Bharat Energy Ventures on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 24 September 2024. Year-wise statements from 2015 are in the company report.
No. Bharat Energy Ventures has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Bharat Energy Ventures is U40109KA1996PTC021067. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bharat Energy Ventures was incorporated on 29 August 1996, making it 30+ years old. It is registered with the Registrar of Companies, Bangalore.
Bharat Energy Ventures has 3 deals on record (1 funding round, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹20.71 Cr; the latest was in May 2015.
Abdulkhader Mohammed Saleem was appointed as Director on 09 May 2024. Ajit Gopal Nambiar ceased to be Director on 29 Mar 2024. Chandan Juneja ceased to be Additional Director on 19 Sep 2022. Bharat Energy Ventures has 12 board changes on record in total.
The registered office of Bharat Energy Ventures is at Dynamic House New No.64 Old No.17 Church Street, Bangalore, Karnataka, India – 560001.
Bharat Energy Ventures operates in the financial services industry, in the investment and credit nbfc segment.
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