BK Innovations & Trading Private Limited
About BK Innovations & Trading Private Limited
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BK Innovations & Trading Private Limited was a private limited company based in Navi Mumbai, Maharashtra, 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 retail trade segment of the trading and commerce sector. It was incorporated on 02 May 2016.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH2016PTC280553. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Bala Krishna Perla (Managing Director) and Nagaveni Bolokrao Perla.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Flat No. 03 Bldg No C/1 Dakshana Chs Sector – 15 Airoli, Navi Mumbai, Maharashtra, India – 400708.
As per the financials filed for FY 2020, the company reported a revenue of ₹4.27 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹3.17 Lakh (net margin -74.2%) and EBITDA of -₹3.14 Lakh (EBITDA margin -73.5%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years.
Company details
Contact details
BK Innovations & Trading Private Limited's registered office is in Navi Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No. 03 Bldg No C/1 Dakshana Chs Sector – 15 Airoli, Navi Mumbai, Maharashtra, India – 400708
- IndustryTrading, Retailers, Retail Trading
To see the full contact details of BK Innovations & Trading 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 BK Innovations & Trading is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of BK Innovations & Trading Private Limited, buy the company report.
Financials of BK Innovations & Trading Private Limited
FY 2020 filings availableBK Innovations & Trading Private Limited reported revenue of ₹4.27 Lakh (up 611% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 611% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 24%. EBITDA fell 284% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | -₹3.14 Lakh | |||
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| Net Profit (PAT) | -₹3.17 Lakh | |||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -73.5% | |||
| Net Profit Margin | -74.2% | |||
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To see the full financial statements and ratios of BK Innovations & Trading Private Limited, buy the company report.
Board of directors of BK Innovations & Trading Private Limited
BK Innovations & Trading has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bala Krishna Perla Also directs: Krigowins (OPC) Private Limited | Managing Director | 02 May 2016 | 10 Years 5 Months | As last reported |
| Nagaveni Bolokrao Perla | Director | 05 Oct 2018 | 8 Years 0 Months | As last reported |
Peer comparison
BK Innovations & Trading Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tushiv Trading Private Limited | ₹4.27 Lakh (FY 2019) | 26.0% | Vasai, Maharashtra, India | |||
| Rathod Logitrade Private Limited | ₹4.27 Lakh (FY 2016) | 90.0% | Kota, Rajasthan, India | |||
| Himoy Exim Private Limited | ₹4.27 Lakh (FY 2021) | -2.0% | Hooghly, West Bengal, India | |||
| Mak Techkraft Private Limited | ₹4.27 Lakh (FY 2016) | Chennai, Tamil Nadu, India | ||||
| Flppan Online Solutions Private Limited | ₹4.27 Lakh (FY 2020) | 59.0% | Varanasi, Uttar Pradesh, India | |||
| BK Innovations & Trading Private Limitedthis company | ₹4.27 Lakh (FY 2020) | -₹3.17 Lakh | -74.2% | 611.0% | Navi Mumbai, Maharashtra, India | |
| Siddhibhumi Retail Private Limited | ₹4.27 Lakh (FY 2019) | -75.0% | Kolkata, West Bengal, India | |||
| Crabel Retail Traders Private Limited | ₹4.26 Lakh (FY 2019) | -72.0% | Kolkata, West Bengal, India | |||
| Mevaram Retail Private Limited | ₹4.26 Lakh (FY 2017) | Patna, Bihar, India | ||||
| S.G.J.Bikes Private Limited | ₹4.26 Lakh (FY 2019) | -90.0% | Tirunelveli, Tamil Nadu, India | |||
| Spurt Electric Limited | ₹4.26 Lakh (FY 2025) | 7.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of BK Innovations & Trading Private Limited, buy the company report.
Auditor
BK Innovations & Trading Private Limited is audited by BHARATMADANPATIL for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHARATMADANPATIL | FY 2017 | 137241 |
Shareholding
The shareholding of BK Innovations & Trading Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of BK Innovations & Trading Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving BK Innovations & Trading 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 BK Innovations & Trading Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
BK Innovations & Trading has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of BK Innovations & Trading Private Limited, buy the company report.
Recent activity
BK Innovations & Trading Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Sunil Kumar Chhetri ceased to be Director on 24 Dec 2019.
Frequently asked questions
BK Innovations & Trading 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.
BK Innovations & Trading was a private limited company based in Navi Mumbai, Maharashtra, India. The company worked in retailers, within the trading industry. It was incorporated on 02 May 2016 and is registered under CIN U51900MH2016PTC280553. The company has been struck off by the Registrar of Companies and is no longer operational.
BK Innovations & Trading had 2 directors:
- Bala Krishna Perla - Managing Director
- Nagaveni Bolokrao Perla - Director
The CIN (Corporate Identification Number) of BK Innovations & Trading is U51900MH2016PTC280553. 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 BK Innovations & Trading is at Flat No. 03 Bldg No C1 Dakshana Chs Sector – 15 Airoli, Navi Mumbai, Maharashtra, India – 400708.
BK Innovations & Trading was incorporated on 02 May 2016. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of BK Innovations & Trading on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2017 are in the company report.
No. BK Innovations & Trading has 1 GST registration on record and it is cancelled or inactive.
BK Innovations & Trading operated in the trading industry, in the retailers segment. It worked in this industry before it was struck off.
The peers of BK Innovations & Trading by revenue are Tushiv Trading Private Limited, Rathod Logitrade Private Limited, Himoy Exim Private Limited, Mak Techkraft Private Limited, Flppan Online Solutions Private Limited and 5 more, all in the same principal business activity (retail trading).
Sunil Kumar Chhetri ceased to be Director on 24 Dec 2019. Nagaveni Bolokrao Perla was appointed as Director on 05 Oct 2018. Bala Krishna Perla was appointed as Managing Director on 02 May 2016.
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