MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-DL-01-0005681
Bhavik Polymers Private Limited - metals and minerals in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.56 Lakh
▼ 97% YoY
Net loss · FY 2024
₹28.28 Lakh
Latest filing
EBITDA · FY 2024
-₹4.92 Lakh
EBITDA margin -191.8%
Authorised capital
₹1.25 Cr
Registered with MCA
Paid-up capital
₹95.83 Lakh
Issued & subscribed
Open charges
₹28.1 Cr
Secured borrowings
Company age
17 yrs
Est. 2009
Directors on board
2
As per MCA filings
About Bhavik Polymers Private Limited
Data last updated:
Bhavik Polymers Private Limited is a private limited company based in Delhi, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 02 September 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51909DL2009PTC193789. Its GSTIN is 07AADCB8604P2ZA (Delhi). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹95.83 Lakh. It is led by directors Charat Sharma and Bharat Sharma.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 3459 – 60/9 Gali Bajrang Bali Chawri Bazar, Delhi, India – 110006.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.56 Lakh, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹28.28 Lakh and EBITDA of -₹4.92 Lakh (EBITDA margin -191.8%). Revenue has declined at a compounded annual rate (CAGR) of 85% over three years and 78% over five years.
As per MCA filings, the company has open charges of ₹28.1 Cr on record. Court records list 69 cases involving the company, including 51 filed by the company and 18 filed against it; 10 cases are pending.
Bhavik Polymers Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-01-0005681). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cpvcbhavik.com.
Company details
CIN U51909DL2009PTC193789
Registration Number 193789
Incorporation Date 02 September 2009
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-DL-01-0005681
Key People
Charat Sharma Director Bharat Sharma Director Recognitions & Rankings of Bhavik Polymers
Contact details
Bhavik Polymers Private Limited's registered office is in Delhi, Delhi. Its website is cpvcbhavik.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address3459 – 60/9 Gali Bajrang Bali Chawri Bazar, Delhi, India – 110006
- IndustryMetals and Minerals, Construction Materials Retail & Distribution
To see the full contact details of Bhavik Polymers Private Limited, buy the company report.
Comprehensive company report
Bhavik Polymers 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 Bhavik Polymers is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Bhavik Polymers Private Limited, buy the company report.
Financials of Bhavik Polymers Private Limited
FY 2024 filings availableBhavik Polymers Private Limited reported revenue of ₹2.56 Lakh (down 97% YoY) for FY 2024.
Revenue · FY 2024
₹2.56 Lakh ▼ 97%
Net loss · FY 2024
₹28.28 Lakh
EBITDA · FY 2024
-₹4.92 Lakh margin -191.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 97%
3 years · compounded
▼ 85%
5 years · compounded
▼ 78%
EBITDA CAGR growth
1 year
▼ 307%
3 years · compounded
▲ 82%
5 years · compounded
▼ 15%
Revenue has declined at a compounded annual rate (CAGR) of 78% over five years, including a 97% fall in the latest year. EBITDA fell 307% 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 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | -₹4.92 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹28.28 Lakh | ||||
| Balance Sheet | |||||
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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 | -191.8% | ||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Bhavik Polymers Private Limited, buy the company report.
Board of directors of Bhavik Polymers Private Limited
Bhavik Polymers has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Charat Sharma | Director | 02 Sep 2009 | 17 Years 1 Months | Current |
| Bharat Sharma | Director | 02 Sep 2009 | 17 Years 1 Months | Current |
Auditor
Bhavik Polymers Private Limited is audited by VAPS & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VAPS & COMPANY | FY 2023 | 03612N |
Shareholding
The shareholding of Bhavik Polymers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bhavik Polymers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹28.1 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jan 2025 | 101050954 | Others | ₹4 Cr | Open | |
| 28 Sep 2020 | 100388729 | Axis Bank Limited | ₹42.58 Lakh | Open | |
| 22 Sep 2020 | 100434179 | Others | ₹50.57 Lakh | Open | |
| 30 Jul 2020 | 100355250 | Others | ₹48.9 Lakh | Open | |
| 23 Jun 2020 | 100443205 | Others | ₹75 Lakh | Open |
To see the full charge records of Bhavik Polymers Private Limited, buy the company report.
Total charge records: 15 View all charges
Legal cases
Bhavik Polymers Private Limited has 69 court cases on record: 51 filed by Bhavik Polymers, 18 filed against it. 10 cases are pending and 59 are disposed.
Total cases
69
Filed by the company
51
Filed against the company
18
Pending
10
Disposed
59
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 65 | 16 | 10 |
| High courts | 4 | 2 | 0 |
Cases on record (5 of 69)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by Axis Bank Ltd. | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by RBL Bank Ltd | Pending |
| District court, Central, Delhi | Criminal case | Filed by the company against Union Bank of India | Pending |
| District court, Central, Delhi | Court case (Counter Claim) | Filed by the company against De Annpurna Contracts India Pvt. Ltd. | Pending |
| District court, Central, Delhi | Civil suit | Filed by the company against De Annpurna Contracts India Pvt. Ltd. | Pending |
To see the full case history of Bhavik Polymers 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.
Credit ratings & regulatory alerts
Bhavik Polymers Private Limited was last rated by Crisil on 28 Apr 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 28 Apr 2021 |
To see the full credit ratings and regulatory alerts of Bhavik Polymers Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bhavik Polymers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bhavik Polymers has 4 GST registrations: 1 active and 3 cancelled or inactive.
Total GSTINs
4
Active
1
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCB8604P2ZA | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bhavik Polymers Private Limited, buy the company report.
Recent activity
Bhavik Polymers Private Limited has 3 board changes on record since 2009: 2 appointments and 1 cessation. The latest: Shri Ram Sharma ceased to be Director on 27 Nov 2020.
Charges
A charge with Others amounted to Rs. 4.00 Cr with Charge ID 101050954 was registered on 30 Jan 2025.
AGM
Bhavik Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Bhavik Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi Ii.
Ceased
Shri Ram Sharma ceased to be Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.43 Cr with Charge ID 100388729 was registered on 28 Sep 2020.
Charges
A charge with Others amounted to Rs. 0.51 Cr with Charge ID 100434179 was registered on 22 Sep 2020.
Charges
A charge with Others amounted to Rs. 0.49 Cr with Charge ID 100355250 was registered on 30 Jul 2020.
Charges
A charge with Others amounted to Rs. 0.75 Cr with Charge ID 100443205 was registered on 23 Jun 2020.
Charges
A charge with Others amounted to Rs. 0.96 Cr with Charge ID 100313314 was registered on 11 Dec 2019.
Charges
A charge with Others amounted to Rs. 2.50 Cr with Charge ID 100298992 was registered on 01 Nov 2019.
Charges
A charge with Others amounted to Rs. 2.02 Cr with Charge ID 100308112 was registered on 31 Aug 2019.
Charges
A charge with Others amounted to Rs. 0.55 Cr with Charge ID 100207417 was registered on 19 Sep 2018.
10 earlier events are in the company report.
Frequently asked questions
Bhavik Polymers is an active private limited company based in Delhi, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 02 September 2009 (17+ years old) and is registered under CIN U51909DL2009PTC193789.
Bhavik Polymers has 2 current directors:
- Charat Sharma - Director
- Bharat Sharma - Director
The latest financial statements of Bhavik Polymers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Bhavik Polymers is 07AADCB8604P2ZA, registered in Delhi. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Bhavik Polymers is U51909DL2009PTC193789. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhavik Polymers has 69 court cases on record: 51 filed by the company and 18 filed against it. 10 are pending. Most are in the district courts.
Bhavik Polymers was incorporated on 02 September 2009, making it 17+ years old. It is registered with the Registrar of Companies, Delhi.
Shri Ram Sharma ceased to be Director on 27 Nov 2020. Bharat Sharma was appointed as Director on 02 Sep 2009. Charat Sharma was appointed as Director on 02 Sep 2009.
Yes, Bhavik Polymers is registered as a micro enterprise under Udyam registration (number: UDYAM-DL-01-0005681).
Bhavik Polymers can be reached through the website cpvcbhavik.com. Its registered office is in Delhi, India.