MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0102923
Bhargava's Musik Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.65 Cr
▼ 18% YoY
Net loss · FY 2024
₹16.07 Lakh
Net margin -9.7%
EBITDA · FY 2024
₹26.49 Lakh
EBITDA margin 16%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹4.53 Lakh
Issued & subscribed
Satisfied charges
₹7.24 Cr
No open charges
Company age
24 yrs
Est. 2002
Directors on board
4
As per MCA filings
About Bhargava's Musik Private Limited
Data last updated:
Bhargava's Musik Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the musical instrument segment of the manufacturing sector. It was incorporated on 12 December 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51505MH2002PTC138228. Its GSTIN is 27AABCB9871G1ZF (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.53 Lakh. It was formerly known as Bhargava'S Musik Imports Private Limited. It is led by directors including Brijesh Govind Bhargava (Whole-Time Director) and Ashish Govind Bhargava (Whole-Time Director).
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 4 – 5 Imperial Plaza30Th Road Off Linking Road Bandra (W), Mumbai, Maharashtra, India – 400050.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.65 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net loss of ₹16.07 Lakh (net margin -9.7%) and EBITDA of ₹26.49 Lakh (EBITDA margin 16%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 18% over five years.
As per MCA filings, the company has satisfied charges of ₹7.24 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Bhargava's Musik Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0102923). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bhargavasmusik.com.
Company details
CIN U51505MH2002PTC138228
Registration Number 138228
Incorporation Date 12 December 2002
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0102923
Key People
Brijesh Govind Bhargava Whole-Time Director Ashish Govind Bhargava Whole-Time Director Bhakti Brijesh Bhargava Whole-Time Director Recognitions & Rankings of Bhargava's Musik
Contact details
Bhargava's Musik Private Limited's registered office is in Mumbai, Maharashtra. Its website is bhargavasmusik.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address4 – 5 Imperial Plaza30Th Road Off Linking Road Bandra (W), Mumbai, Maharashtra, India – 400050
- IndustryManufacturing, Musical Instrument
To see the full contact details of Bhargava's Musik Private Limited, buy the company report.
Comprehensive company report
Bhargava's Musik 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
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Business activity
The main business activity of Bhargava's Musik is manufacturing. In detail, this covers other manufacturing.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 32 | Other manufacturing |
To see the full business activity and turnover split of Bhargava's Musik Private Limited, buy the company report.
Financials of Bhargava's Musik Private Limited
FY 2025 filings availableBhargava's Musik Private Limited reported revenue of ₹1.65 Cr (down 18% YoY) for FY 2024.
Revenue · FY 2024
₹1.65 Cr ▼ 18%
Net loss · FY 2024
₹16.07 Lakh margin -9.7%
EBITDA · FY 2024
₹26.49 Lakh margin 16%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 18%
3 years · compounded
▲ 7%
5 years · compounded
▼ 18%
EBITDA CAGR growth
1 year
▼ 29%
3 years · compounded
▲ 35%
5 years · compounded
▲ 17%
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 18% fall in the latest year. EBITDA fell 29% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹26.49 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹16.07 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16% | ||||
| Net Profit Margin | -9.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Bhargava's Musik Private Limited, buy the company report.
Board of directors of Bhargava's Musik Private Limited
Bhargava's Musik has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Brijesh Govind Bhargava Also directs: Indian Musical Merchants Association (Imma) | Whole-Time Director | 12 Dec 2002 | 23 Years 11 Months | Current |
| Ashish Govind Bhargava | Whole-Time Director | 12 Dec 2002 | 23 Years 11 Months | Current |
| Bhakti Brijesh Bhargava | Whole-Time Director | 24 Mar 2014 | 12 Years 7 Months | Current |
| Palak Ashish Bhargava | Whole-Time Director | 24 Mar 2014 | 12 Years 7 Months | Current |
Auditor
Bhargava's Musik Private Limited is audited by V A PANJWANI & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V A PANJWANI & CO | FY 2021 | 119212W |
Shareholding
The shareholding of Bhargava's Musik Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Bhargava's Musik Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹7.24 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jul 2008 | 10122849 | Icici Bank Limited | ₹6 Cr | Satisfied | |
| 03 Mar 2005 | 80048754 | Uti Bank Limited | ₹75 Lakh | Satisfied | |
| 07 Jun 2004 | 90243705 | Bank of Punjab Ltd. | ₹49 Lakh | Satisfied |
To see the full charge records of Bhargava's Musik Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Bhargava's Musik Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
To see the full case history of Bhargava's Musik Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bhargava's Musik Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bhargava's Musik has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCB9871G1ZF | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bhargava's Musik Private Limited, buy the company report.
Recent activity
Bhargava's Musik Private Limited has 9 board changes on record since 2002: 4 appointments and 5 cessations. The latest: Govind Trilokinath Bhargava ceased to be Whole-Time Director on 26 Jun 2019.
AGM
Bhargava'S Musik Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Bhargava'S Musik Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge registered on 30 Jul 2008 via Charge ID 10122849 with Icici Bank Limited was fully satisfied on 19 Dec 2023.
Ceased
Govind Trilokinath Bhargava ceased to be Whole-Time Director.
Ceased
Ashish Govind Bhargava ceased to be Director.
Ceased
Bhakti Brijesh Bhargava ceased to be Additional Director.
Ceased
Brijesh Govind Bhargava ceased to be Director.
Ceased
Palak Ashish Bhargava ceased to be Additional Director.
Appointed
Bhakti Brijesh Bhargava was appointed as Whole-Time Director.
Appointed
Palak Ashish Bhargava was appointed as Whole-Time Director.
Charges
A charge with Icici Bank Limited of Rs. 600.00 Lakh registered on 30 Jul 2008 with Charge ID 10122849 was modified on 31 Oct 2012.
Charges
A charge registered on 03 Mar 2005 via Charge ID 80048754 with Uti Bank Limited was fully satisfied on 18 Sep 2008.
7 earlier events are in the company report.
Frequently asked questions
Bhargava's Musik is an active private limited company based in Mumbai, Maharashtra, India. The company works in musical instrument, within the manufacturing industry. It was incorporated on 12 December 2002 (24+ years old) and is registered under CIN U51505MH2002PTC138228.
Bhargava's Musik has 4 current directors:
- Brijesh Govind Bhargava - Whole-Time Director
- Ashish Govind Bhargava - Whole-Time Director
- Bhakti Brijesh Bhargava - Whole-Time Director
- Palak Ashish Bhargava - Whole-Time Director
The latest financial statements of Bhargava's Musik 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 2015 are in the company report.
The GSTIN of Bhargava's Musik is 27AABCB9871G1ZF, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Bhargava's Musik is U51505MH2002PTC138228. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhargava's Musik has 1 court case on record: 1 filed against it.
Bhargava's Musik was incorporated on 12 December 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
Govind Trilokinath Bhargava ceased to be Whole-Time Director on 26 Jun 2019. Ashish Govind Bhargava ceased to be Director on 30 Sep 2014. Bhakti Brijesh Bhargava ceased to be Additional Director on 30 Sep 2014. Bhargava's Musik has 9 board changes on record in total.
Yes, Bhargava's Musik is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0102923).
Bhargava's Musik can be reached through the website bhargavasmusik.com. Its registered office is in Mumbai, Maharashtra, India.
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