Bhatia Hire Purchase Pvt Ltd
About Bhatia Hire Purchase Pvt Ltd
Data last updated:
Bhatia Hire Purchase Pvt Ltd is a private limited company based in Panjab, Punjab, 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 operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 05 October 1987.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U65921PB1987PTC007706. Its GSTIN is 07AACCB2236Q1ZI (Delhi). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors including Anuj Maheshwari (Irp/Rp/Liquidator) and Vijay Kumar.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at V – 378 Ganpati Enclave Bathinda, Panjab, Punjab, India – 151001.
As per the financials filed for FY 2017, the company reported a revenue of ₹2.57 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹34.08 Lakh (net margin 13.3%) and EBITDA of ₹59.97 Lakh (EBITDA margin 23.4%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years.
Company details
Contact details
Bhatia Hire Purchase Pvt Ltd's registered office is in Panjab, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressV – 378 Ganpati Enclave Bathinda, Panjab, Punjab, India – 151001
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Bhatia Hire Purchase Pvt Ltd, 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
Business activity
The main business activity of Bhatia Hire Purchase is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Bhatia Hire Purchase Pvt Ltd, buy the company report.
Financials of Bhatia Hire Purchase Pvt Ltd
FY 2018 filings availableBhatia Hire Purchase Pvt Ltd reported revenue of ₹2.57 Cr (down 7% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 20% over three years, including a 7% fall in the latest year. EBITDA fell 32% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹2.57 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
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| Depreciation and Amortisation | |||
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| Total Expenses | |||
| EBITDA | ₹59.97 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹34.08 Lakh | ||
| Balance Sheet | |||
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| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 23.4% | ||
| Net Profit Margin | 13.3% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
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| Revenue Growth | |||
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To see the full financial statements and ratios of Bhatia Hire Purchase Pvt Ltd, buy the company report.
Board of directors of Bhatia Hire Purchase Pvt Ltd
Bhatia Hire Purchase has 4 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anuj Maheshwari Also directs: GSM Buildcon Private Limited, SGM Webtech Private Limited | Irp/Rp/Liquidator | 05 Jun 2024 | 2 Years 4 Months | As last reported |
| Vijay Kumar | Director | 03 Jul 2017 | 9 Years 3 Months | As last reported |
| Rehman Ali | Director | 03 Jul 2017 | 9 Years 3 Months | As last reported |
| Ajay Kumar Also directs: Enmasse Solutions Private Limited | Director | 03 Jul 2017 | 9 Years 3 Months | As last reported |
Auditor
Bhatia Hire Purchase Pvt Ltd is audited by S C A N R & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S C A N R & CO | FY 2017 | 015661N |
Shareholding
The shareholding of Bhatia Hire Purchase Pvt Ltd is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Bhatia Hire Purchase Pvt Ltd, buy the company report.
Legal cases
No court or tribunal cases involving Bhatia Hire Purchase Pvt Ltd 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 Bhatia Hire Purchase Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bhatia Hire Purchase has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCB2236Q1ZI | Delhi | Active | 25 May 2019 |
To see the full GST registrations and return filing status of Bhatia Hire Purchase Pvt Ltd, buy the company report.
Recent activity
Bhatia Hire Purchase Pvt Ltd has 20 board changes on record since 2008: 4 appointments and 16 cessations. The latest: Anuj Maheshwari was appointed as Irp/Rp/Liquidator on 05 Jun 2024.
11 earlier events are in the company report.
Frequently asked questions
Bhatia Hire Purchase 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.
Bhatia Hire Purchase is a company under insolvency, formerly operating as a private limited company based in Panjab, Punjab, India. The company works in nbfc, within the financial services industry. It was incorporated on 05 October 1987 and is registered under CIN U65921PB1987PTC007706. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Bhatia Hire Purchase has 4 current directors:
- Vijay Kumar - Director
- Rehman Ali - Director
- Ajay Kumar - Director
- Anuj Maheshwari - Irp/Rp/Liquidator
The latest financial statements of Bhatia Hire Purchase on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Bhatia Hire Purchase is U65921PB1987PTC007706. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhatia Hire Purchase was incorporated on 05 October 1987. It is registered with the Registrar of Companies, Chandigarh.
Anuj Maheshwari was appointed as Irp/Rp/Liquidator on 05 Jun 2024. Sumit Shakya ceased to be Additional Director on 25 Apr 2019. Ajay Kumar ceased to be Additional Director on 30 Sep 2017. Bhatia Hire Purchase has 20 board changes on record in total.
The registered office of Bhatia Hire Purchase is at V – 378 Ganpati Enclave Bathinda, Panjab, Punjab, India – 151001.
The GSTIN of Bhatia Hire Purchase is 07AACCB2236Q1ZI, registered in Delhi. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Bhatia Hire Purchase operates in the financial services industry, in the nbfc segment.