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Bharat Insulation Company (India) Profile
Key Indicators
- Authorised Capital ₹ 3.20 Cr
- Paid Up Capital ₹ 2.61 Cr
- Company Age 50 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 181.00 Cr
- Satisfied Charges ₹ 38.79 Cr
- Revenue Growth 8.63%
- Profit Growth 106.54%
- Ebitda 11.45%
- Net Worth 9.30%
- Total Assets 8.27%
About Bharat Insulation Company (India)
Bharat Insulation Company (India) Private Limited (BICIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 October 1974 and has a history of 50 years and six months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Bharat Insulation (India) Limited. The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 3.20 Cr and a paid-up capital of Rs 2.61 Cr.
The company currently has active open charges totaling ₹181.00 Cr. The company has closed loans amounting to ₹38.79 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sanat Mehta, Dhiren Mehta, and Sarosh Irani serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31300MH1974PTC017814
- Company No.
017814
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Oct 1974
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Manufacturing
What products or services does Bharat Insulation Company (India) Private Limited offer?
Bharat Insulation Company (India) Private Limited offers a wide range of products and services, including Metal and Alloy Wires, Copper Wires, Metal Wire, Aluminum Wires, Paints, Wall Putty & Varnishes, Varnishes, Electrical Conductors, Winding Wire, Aluminum Winding Wire, Bare Aluminium Wire.
Bharat Insulation Company (India) Private Limited
Explore comprehensive data for Bharat Insulation Company (India) Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Bharat Insulation Company (India)?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dhiren Mehta  | Managing Director | 07-Aug-1981 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sarosh Irani | Director | 20-Jan-2012 | Current |
| Sanat Mehta | Whole-Time Director | 08-Jul-2022 | Current |
Financial Performance of Bharat Insulation Company (India).
Bharat Insulation Company (India) Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.63% increase. The company also saw a substantial improvement in profitability, with a 106.54% increase in profit. The company's net worth moved up by a moderate rise of 9.3%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Bharat Insulation Company (India)?
In 2023, Bharat Insulation Company (India) had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Sanat Mehta and Dhiren Mehta are mutual person
- Sona Construction And Metal Industries Private Limited
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- Terraplazo Realty Management Private Limited
Sanat Mehta is a mutual person
- Sm And Consultants Llp
Dhiren Mehta is a mutual person
Charges (Loans)
Open Charges
₹181.00 Cr
Satisfied Charges
₹38.79 Cr
Charges Breakdown by Lending Institutions
- Others : 158.00 Cr
- The Hongkong And Shanghai Banking Corporation Limited : 15.00 Cr
- Yes Bank Limited : 8.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Dec 2023 | The Hongkong And Shanghai Banking Corporation Limited | ₹15.00 Cr | Open |
| 31 Oct 2023 | Others | ₹20.00 Cr | Open |
| 15 Dec 2016 | Others | ₹138.00 Cr | Open |
| 13 Aug 2015 | Yes Bank Limited | ₹8.00 Cr | Open |
| 12 Mar 2020 | Standard Chartered Bank | ₹19.00 Cr | Satisfied |
How Many Employees Work at Bharat Insulation Company (India)?
Bharat Insulation Company (India) has a workforce of 94 employees as of Mar 29, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Bharat Insulation Company (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Bharat Insulation Company (India)'s trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Bharat Insulation Company (India)
Recent activity within the organization
- Charges
A charge with Others of Rs. 20.00 Cr registered on 31 Oct 2023 with Charge ID 100816257 was modified on 30 Nov 2024.
- Annual General Meeting
Bharat Insulation Company (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 15.00 Cr registered on 06 Dec 2023 with Charge ID 100853722 was modified on 17 Aug 2024.
- Charges
A charge with Others of Rs. 138.00 Cr registered on 15 Dec 2016 with Charge ID 100067354 was modified on 17 Aug 2024.
- Balance Sheet
Bharat Insulation Company (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 15.00 Cr with Charge ID 100853722 was registered on 06 Dec 2023.
Frequently asked questions
What is the Incorporation or founding date of Bharat Insulation Company (India) Private Limited?
Bharat Insulation Company (India) Private Limited was incorporated on 05 Oct 1974.
What is authorized share capital and paid-up capital of Bharat Insulation Company (India) Private Limited?
The authorized share capital of Bharat Insulation Company (India) Private Limited is ₹ 3.20 Cr and paid-up capital is ₹ 2.61 Cr.
Who are the current board members & directors of Bharat Insulation Company (India) Private Limited?
Currently 3 directors are associated with Bharat Insulation Company (India) Private Limited.
- Sanat Dhiren Mehta
- Dhiren Dulerai Mehta
- Sarosh Sorab Irani
What is the registered address of Bharat Insulation Company (India) Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Bharat Insulation Company (India) Private Limited is F12 F13 Jyoti Wire House 23A Shah Industrial Estate Veera Desai Road, Andheri (W) India, Mumbai, Maharashtra, 400053.
What is the corporate identification number (CIN) and company number of Bharat Insulation Company (India) Private Limited?
The corporate identification number (CIN) of Bharat Insulation Company (India) Private Limited is U31300MH1974PTC017814 and the company number is 017814 as per Ministry of Corporate Affairs (MCA).
What is the official website of Bharat Insulation Company (India) Private Limited?
The Official website of Bharat Insulation Company (India) Private Limited is https://www.bicwire.com
What has been the recent revenue trend for Bharat Insulation Company (India) Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Bharat Insulation Company (India) Private Limited has risen by 8.63%.
How many employees does Bharat Insulation Company (India) Private Limited currently have?
As Per 2023 financial reports, 94 employees are currently employed by Bharat Insulation Company (India) Private Limited.
What change has been observed in the net worth of Bharat Insulation Company (India) Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Bharat Insulation Company (India) Private Limited has experienced an upsurge of 9.30%.
What are the total open charges for Bharat Insulation Company (India) Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Bharat Insulation Company (India) Private Limited amount to ₹ 181.00 Cr.
When was the last Balance Sheet of Bharat Insulation Company (India) Private Limited filed with the ROC?
The most recent Balance Sheet for Bharat Insulation Company (India) Private Limited was filed with the ROC on 31 Mar 2024.
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