About Bates India Private Limited
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Bates India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the advertising and media services segment of the media and publishing sector. It was incorporated on 09 April 1956 and has been in existence for over 70 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U22219MH1956PTC178274. Its GSTIN is 27AABCC3474A1Z3 (Maharashtra). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4 Cr. It was formerly known as Clarion-Mccann Advertising Services Private Limited. It is led by directors Ankit Dongra and Vijay Madhavrao Surve.
Its last annual general meeting (AGM) was held on 30 June 2025, and its latest financial statements are for the year ended 31 December 2024. The registered office is at 4th Floor Wing A The Orb Village Marol Andheri (East), Mumbai, Maharashtra, India – 400099.
As per the financials filed for FY 2022, the company reported a revenue of ₹12 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹2.54 Cr (net margin 21.1%) and EBITDA of ₹3.41 Cr (EBITDA margin 28.4%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 18% over five years.
The company has about 1 employee on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
Court records list 32 cases involving the company, including 19 filed by the company and 13 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bateschi.com.
Company details
CIN history
Bates India has one previous CIN (Corporate Identification Number): U22219WB1956PTC023069. The current CIN is U22219MH1956PTC178274, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U22219MH1956PTC178274 | Current |
| U22219WB1956PTC023069 | Previous |
Contact details
Bates India Private Limited's registered office is in Mumbai, Maharashtra. Its website is bateschi.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address4th Floor Wing A The Orb Village Marol Andheri (East), Mumbai, Maharashtra, India – 400099
- IndustryMedia and Publishing, Advertising Agencies & Media Services
To see the full contact details of Bates India 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 Bates India Private Limited
FY 2024 filings availableBates India Private Limited reported revenue of ₹12 Cr (down 10% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 10% fall 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹12 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.41 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.54 Cr | ||||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 28.4% | ||||
| Net Profit Margin | 21.1% | ||||
| 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 Bates India Private Limited, buy the company report.
Board of directors of Bates India Private Limited
Bates India has 2 current directors and 23 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankit Dongra Also directs: T and P Agency Private Limited, Sercon India Private Limited | Director | 30 Sep 2022 | 4 Years 1 Months | Current |
| Vijay Madhavrao Surve | Director | 14 Feb 2018 | 8 Years 8 Months | Current |
Auditor
Bates India Private Limited is audited by N. A. Shah Associates LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N. A. Shah Associates LLP | FY 2022 | 116560W / W100149 |
Shareholding
The shareholding of Bates India 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 Bates India Private Limited, buy the company report.
Legal cases
Bates India Private Limited has 32 court cases on record: 19 filed by Bates India, 13 filed against it. 3 cases are pending and 29 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 22 | 9 | 3 |
| District courts | 10 | 4 | 0 |
Cases on record (5 of 32)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (OTS) | Filed against the company by Future Supply Chain Solutions Limited | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against SST Media Pvt. Ltd. | Disposed |
| High Court of Delhi | Arbitration matter | Filed by the company against D S Constructions Limited | Disposed |
| High Court | Company petition | Filed against the company by In the Matter of Axiom Estates Advisory Services Pvt. Ltd. | Disposed |
| High Court | Company petition | Filed against the company by In the Matter of RP Infosystems Pvt. Ltd. -and- | Disposed |
To see the full case history of Bates India 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
Bates India Private Limited has 6 MSME Form 1 returns on record between 2019 and 2023, listing 25 overdue payments to 6 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Comart Lithographers Private Limited | |||
| an individual supplier | |||
| Cutawayy Films Private Limited |
To see the full MSME payment records of Bates India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Bates India has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| T and P Agency Private Limited | U74300MH1998PTC229865 |
To see the full group structure of Bates India Private Limited, buy the company report.
Employees & EPFO
Bates India Private Limited has a workforce of 1 employees on its EPFO records as of Mar 29, 2024, across 2 active EPFO establishments.
GST
Bates India has 5 GST registrations: 4 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCC3474A1Z3 | Maharashtra | Active | 01 Jul 2017 |
| 06AABCC3474A1Z7 | Haryana | Active | 01 Jul 2017 |
| 19AABCC3474A1Z0 | West Bengal | Active | 01 Jul 2017 |
| 29AABCC3474A1ZZ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bates India Private Limited, buy the company report.
Recent activity
Bates India Private Limited has 25 board changes on record since 2007: 2 appointments and 23 cessations. The latest: Ankit Dongra ceased to be Additional Director on 26 Jun 2023.
16 earlier events are in the company report.
Frequently asked questions
Bates India is an active private limited company based in Mumbai, Maharashtra, India. The company works in advertising agencies and media services, within the media and publishing industry. It was incorporated on 09 April 1956 (70+ years old) and is registered under CIN U22219MH1956PTC178274.
Bates India has 2 current directors:
- Ankit Dongra - Director
- Vijay Madhavrao Surve - Director
The latest financial statements of Bates India on record with the MCA are for the year ended 31 December 2024. Its last annual general meeting was held on 30 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Bates India is 27AABCC3474A1Z3, registered in Maharashtra. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 06AABCC3474A1Z7 (Haryana), 19AABCC3474A1Z0 (West Bengal), 29AABCC3474A1ZZ (Karnataka).
The CIN (Corporate Identification Number) of Bates India is U22219MH1956PTC178274. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bates India has 32 court cases on record: 19 filed by the company and 13 filed against it. 3 are pending. Most are in the high courts.
Bates India was incorporated on 09 April 1956, making it 70+ years old. It is registered with the Registrar of Companies, Mumbai.
Ankit Dongra ceased to be Additional Director on 26 Jun 2023. Ankit Dongra was appointed as Director on 30 Sep 2022. Nimish Satishchandra Jhaveri ceased to be Additional Director on 18 Sep 2020. Bates India has 25 board changes on record in total.
Bates India has 6 MSME Form 1 returns on record between 2019 and 2023, listing 25 overdue payments to 6 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Bates India can be reached through the website bateschi.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Bates India is at 4th Floor Wing A The Orb Village Marol Andheri East, Mumbai, Maharashtra, India – 400099.
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