Bid Machines Private Limited
About Bid Machines Private Limited
Data last updated:
Bid Machines Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 11 March 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28920MH1988PTC046514. Its GSTIN is 27AABCB9780A1ZR (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Megha Dinesh Shah and Varsha Dinesh Shah.
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 Victoria Building 1st Floor S. A. Brelvi Road Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.1 Cr, a decline of 50% compared to the previous year. For the same year it recorded a net profit of ₹69.68 Lakh (net margin 63.5%) and EBITDA of ₹76.13 Lakh (EBITDA margin 69.4%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 19% over five years.
As per MCA filings, the company has open charges of ₹45 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Bid Machines has one previous CIN (Corporate Identification Number): U28920MH2004PTC046514. The current CIN is U28920MH1988PTC046514, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28920MH1988PTC046514 | Current |
| U28920MH2004PTC046514 | Previous |
Contact details
Bid Machines Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressVictoria Building 1st Floor S. A. Brelvi Road Fort, Mumbai, Maharashtra, India – 400001
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Bid Machines 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 Bid Machines is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
Financials of Bid Machines Private Limited
FY 2024 filings availableBid Machines Private Limited reported revenue of ₹1.1 Cr (down 50% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 50% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 19%. EBITDA fell 63% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹76.13 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹69.68 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 69.4% | ||||
| Net Profit Margin | 63.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Bid Machines Private Limited, buy the company report.
Board of directors of Bid Machines Private Limited
Bid Machines has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Megha Dinesh Shah Also directs: Bat Enterprise Limited, Bec Industrial Investment Company Private Limited, Super Chillers Engineering Private Limited and 4 more | Director | 19 Mar 2024 | 2 Years 7 Months | Current |
| Varsha Dinesh Shah Also directs: Bat Enterprise Limited, Bec Industrial Investment Company Private Limited, Super Chillers Engineering Private Limited and 1 more | Director | 19 Mar 2024 | 2 Years 7 Months | Current |
| Pushkar Dinesh Shah Also directs: Bat Enterprise Limited, Bec Industrial Investment Company Private Limited, Super Chillers Engineering Private Limited and 5 more | Director | 06 Mar 2007 | 19 Years 8 Months | Current |
Auditor
Bid Machines Private Limited is audited by V. Sankar Aiyar & Co. for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V. Sankar Aiyar & Co. | FY 2021 | 109208W |
Shareholding
The shareholding of Bid Machines Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bid Machines Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Dec 1994 | 90215420 | Bank of Maharashtra | ₹40 Lakh | Open | |
| 21 Mar 1990 | 90212052 | Union Bank of India | ₹5 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Bid Machines Private Limited has 1 court case on record: 1 filed by Bid Machines. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Kapex Chemicals Pvt Ltd | Disposed |
To see the full case history of Bid Machines 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 Bid Machines Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bid Machines has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCB9780A1ZR | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bid Machines Private Limited, buy the company report.
Recent activity
Bid Machines Private Limited has 8 board changes on record since 2007: 3 appointments and 5 cessations. The latest: Megha Dinesh Shah ceased to be Additional Director on 29 Sep 2024.
1 earlier event is in the company report.
Frequently asked questions
Bid Machines is an active private limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 11 March 1988 (38+ years old) and is registered under CIN U28920MH1988PTC046514.
Bid Machines has 3 current directors:
- Megha Dinesh Shah - Director
- Varsha Dinesh Shah - Director
- Pushkar Dinesh Shah - Director
The latest financial statements of Bid Machines 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 Bid Machines is 27AABCB9780A1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Bid Machines is U28920MH1988PTC046514. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bid Machines has 1 court case on record: 1 filed by the company.
Bid Machines was incorporated on 11 March 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
Megha Dinesh Shah ceased to be Additional Director on 29 Sep 2024. Megha Dinesh Shah was appointed as Director on 19 Mar 2024. Varsha Dinesh Shah was appointed as Director on 19 Mar 2024. Bid Machines has 8 board changes on record in total.
The registered office of Bid Machines is at Victoria Building 1st Floor S. A. Brelvi Road Fort, Mumbai, Maharashtra, India – 400001.
Bid Machines operates in the financial services industry, in the brokerage and trading services segment.
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