Bhavika Securities Private Limited
About Bhavika Securities Private Limited
Data last updated:
Bhavika Securities Private Limited was a private limited company based in Ludhiana, Punjab, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 19 August 2009.
The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U74920PB2009PTC033124. Its GSTIN is 03AADCB9197K1ZB (Punjab).
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.43 Lakh. It was led by directors Bipan Jain and Akhil Jain.
Its last annual general meeting (AGM) was held on 27 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at B – Xxiv – 4653 Sunder Nagar, Ludhiana, Punjab, India – 141007.
As per the financials filed for FY 2023, the company reported a revenue of ₹26.96 Lakh, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹1.08 Lakh (net margin 4%) and EBITDA of ₹1.57 Lakh (EBITDA margin 5.8%). Revenue has declined at a compounded annual rate (CAGR) of 71% over three years and 4% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
Company details
Contact details
Bhavika Securities Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address is in the company report.
- Email
- Registered AddressB – Xxiv – 4653 Sunder Nagar, Ludhiana, Punjab, India – 141007
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Bhavika Securities 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
Business activity
The main business activity of Bhavika Securities 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 Bhavika Securities Private Limited, buy the company report.
Financials of Bhavika Securities Private Limited
FY 2023 filings availableBhavika Securities Private Limited reported revenue of ₹26.96 Lakh (up 11% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 11% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA rose 80% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹1.57 Lakh | ||||
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| Net Profit (PAT) | ₹1.08 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 5.8% | ||||
| Net Profit Margin | 4% | ||||
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To see the full financial statements and ratios of Bhavika Securities Private Limited, buy the company report.
Board of directors of Bhavika Securities Private Limited
Bhavika Securities has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bipan Jain | Director | 19 Aug 2009 | 17 Years 2 Months | As last reported |
| Akhil Jain Also directs: Jain Amar Clothing Private Limited, Jain Amar Foundation | Director | 19 Aug 2009 | 17 Years 2 Months | As last reported |
Peer comparison
Bhavika Securities Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ashoka Lifestyle Product Private Limited | ₹27.1 Lakh (FY 2021) | 55.0% | Kolkata, West Bengal, India | |||
| Parag Combs Private Limited | ₹27.02 Lakh (FY 2024) | 285.0% | Kolkata, West Bengal, India | |||
| Premsagar Traders Private Limited | ₹26.98 Lakh (FY 2025) | 39.0% | Kolkata, West Bengal, India | |||
| Bhavika Securities Private Limitedthis company | ₹26.96 Lakh (FY 2023) | ₹1.08 Lakh | 4% | 11.0% | Ludhiana, Punjab, India | |
| Satya Cottex Private Limited | ₹26.76 Lakh (FY 2025) | -40.0% | Ahmedabad, Gujarat, India | |||
| Rakhi Creation & Studio Private Limited | ₹26.75 Lakh (FY 2023) | Noida, Uttar Pradesh, India |
To see the full peer comparison of Bhavika Securities Private Limited, buy the company report.
Auditor
Bhavika Securities Private Limited is audited by JAIN SUBHASH & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIN SUBHASH & CO | FY 2019 | 001151N |
Shareholding
The shareholding of Bhavika Securities Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Bhavika Securities Private Limited, buy the company report.
Legal cases
Bhavika Securities Private Limited has 2 court cases on record: 2 filed by Bhavika Securities. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Chandigarh | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Chandigarh | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Bhavika Securities 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 Bhavika Securities Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Bhavika Securities has 2 associated companies. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
GST
Bhavika Securities has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AADCB9197K1ZB | Punjab | Active | 16 Mar 2020 |
To see the full GST registrations and return filing status of Bhavika Securities Private Limited, buy the company report.
Recent activity
Bhavika Securities Private Limited has 2 board changes on record since 2009: 2 appointments. The latest: Akhil Jain was appointed as Director on 19 Aug 2009.
Frequently asked questions
Bhavika Securities has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Bhavika Securities was a private limited company based in Ludhiana, Punjab, India. The company worked in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 19 August 2009 and is registered under CIN U74920PB2009PTC033124. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Bhavika Securities was incorporated on 19 August 2009. It is registered with the Registrar of Companies, Chandigarh.
Bhavika Securities had 2 directors:
- Bipan Jain - Director
- Akhil Jain - Director
The CIN (Corporate Identification Number) of Bhavika Securities is U74920PB2009PTC033124. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Bhavika Securities is at B – Xxiv – 4653 Sunder Nagar, Ludhiana, Punjab, India – 141007.
The latest financial statements of Bhavika Securities on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 27 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Bhavika Securities is 03AADCB9197K1ZB, registered in Punjab.
Bhavika Securities operated in the home and lifestyle industry, in the textile retail and distribution segment.
The peers of Bhavika Securities by revenue are Ashoka Lifestyle Product Private Limited, Parag Combs Private Limited, Premsagar Traders Private Limited, Satya Cottex Private Limited, Rakhi Creation & Studio Private Limited, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Bhavika Securities has 2 court cases on record: 2 filed by the company.