Bitu-Plus Industries Private Limited
About Bitu-Plus Industries Private Limited
Data last updated:
Bitu-Plus Industries Private Limited was a private limited company based in Visakhapatnam, Andhra Pradesh, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the wood and wood products segment of the wood and timber products sector. It was incorporated on 14 December 2001.
The company was registered with the Registrar of Companies (ROC), Vijayawada, under CIN U24299AP2001PTC038215. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹5 Cr and a paid-up capital of ₹1 Cr. It was led by directors Tonse Ganesh Kini (Managing Director) and Tonse Rajendra Kini.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Plot No.18 Ida Gurrampalem Pendurthy, Visakhapatnam, Andhra Pradesh, India – 531173.
As per the financials filed for FY 2017, the company reported a revenue of ₹3.81 Lakh. For the same year it recorded a net loss of ₹3.64 Lakh (net margin -95.4%) and EBITDA of -₹5.4 Lakh (EBITDA margin -141.6%).
As per MCA filings, the company had satisfied charges of ₹3.1 Cr on record.
Company details
Contact details
Bitu-Plus Industries Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No.18 Ida Gurrampalem Pendurthy, Visakhapatnam, Andhra Pradesh, India – 531173
- IndustryWood, Wood & Wood Products, Paper & Paper Products, Furniture
To see the full contact details of Bitu-Plus Industries 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
Financials of Bitu-Plus Industries Private Limited
FY 2021 filings availableBitu-Plus Industries Private Limited reported revenue of ₹3.81 Lakh for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹3.81 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹5.4 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹3.64 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -141.6% | ||
| Net Profit Margin | -95.4% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| 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 Bitu-Plus Industries Private Limited, buy the company report.
Board of directors of Bitu-Plus Industries Private Limited
Bitu-Plus Industries has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tonse Rajendra Kini | Director | 17 Aug 2013 | 13 Years 2 Months | As last reported |
| Tonse Ganesh Kini | Managing Director | 10 Nov 2004 | 22 Years 0 Months | As last reported |
Auditor
Bitu-Plus Industries Private Limited is audited by M K A ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M K A ASSOCIATES | FY 2017 | 005992S |
Shareholding
The shareholding of Bitu-Plus Industries Private Limited 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 Bitu-Plus Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Mar 2009 | 10151012 | State Bank of India | ₹2.1 Cr | Satisfied | |
| 23 Feb 2006 | 90343988 | Indusind Bank | ₹1 Cr | Satisfied |
To see the full charge records of Bitu-Plus Industries Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Bitu-Plus Industries Private Limited 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 Bitu-Plus Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bitu-Plus Industries has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Bitu-Plus Industries Private Limited, buy the company report.
Recent activity
Bitu-Plus Industries Private Limited has 8 board changes on record since 2004: 2 appointments and 6 cessations. The latest: Jayan Paul ceased to be Director on 18 Oct 2013.
5 earlier events are in the company report.
Frequently asked questions
Bitu-Plus Industries has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Bitu-Plus Industries was a private limited company based in Visakhapatnam, Andhra Pradesh, India. The company worked in wood and wood products, within the wood industry. It was incorporated on 14 December 2001 and is registered under CIN U24299AP2001PTC038215. The company has been struck off by the Registrar of Companies and is no longer operational.
Bitu-Plus Industries had 2 directors:
- Tonse Ganesh Kini - Managing Director
- Tonse Rajendra Kini - Director
The CIN (Corporate Identification Number) of Bitu-Plus Industries is U24299AP2001PTC038215. 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 Bitu-Plus Industries is at Plot No.18 Ida Gurrampalem Pendurthy, Visakhapatnam, Andhra Pradesh, India – 531173.
Bitu-Plus Industries was incorporated on 14 December 2001. It is registered with the Registrar of Companies, Vijayawada.
The latest financial statements of Bitu-Plus Industries on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
No. Bitu-Plus Industries has 2 GST registrations on record and all of them are cancelled or inactive.
Bitu-Plus Industries operated in the wood industry, in the wood and wood products segment. It worked in this industry before it was struck off.
Jayan Paul ceased to be Director on 18 Oct 2013. Philip George Philip ceased to be Director on 21 Sep 2013. Tonse Rajendra Kini was appointed as Director on 17 Aug 2013. Bitu-Plus Industries has 8 board changes on record in total.
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