About Best Metals Private Limited
Data last updated:
Best Metals Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 22 June 1984.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1984PTC018477. Its GSTIN is 09AAACB4821B1Z8 (Uttar Pradesh).
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹44 Lakh. It was led by directors including Surinder Jain and Nitin Jain.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at C – 5/21 Safdurjung Development Area, New Delhi, Delhi, India – 110016.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.66 Lakh, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹4,398 (net margin 2.7%) and EBITDA of ₹4,694 (EBITDA margin 2.8%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 1% over five years.
Court records list 8 cases involving the company, including 5 filed by the company and 3 filed against it.
The last known website on record is bestgroup.co.in.
Company details
Contact details
Best Metals Private Limited's registered office is in New Delhi, Delhi. Its website is bestgroup.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressC – 5/21 Safdurjung Development Area, New Delhi, Delhi, India – 110016
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Best Metals 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 Best Metals is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Best Metals Private Limited, buy the company report.
Financials of Best Metals Private Limited
FY 2022 filings availableBest Metals Private Limited reported revenue of ₹1.66 Lakh (up 32% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 32% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 10% 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 |
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| EBITDA | ₹4,694 | ||||
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| Net Profit (PAT) | ₹4,398 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | 2.8% | ||||
| Net Profit Margin | 2.7% | ||||
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To see the full financial statements and ratios of Best Metals Private Limited, buy the company report.
Board of directors of Best Metals Private Limited
Best Metals has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surinder Jain | Director | 22 Jun 1984 | 42 Years 4 Months | As last reported |
| Nitin Jain | Director | 25 Jul 2019 | 7 Years 3 Months | As last reported |
| Nitesh Jain | Director | 25 Jul 2019 | 7 Years 3 Months | As last reported |
| Swati Jain Also directs: Jiva International LLP, Best Group Holding LLP, Best International Private Limited and 2 more | Director | 25 Jul 2019 | 7 Years 3 Months | As last reported |
| Ruchika Jain | Director | 25 Jul 2019 | 7 Years 3 Months | As last reported |
Auditor
Best Metals Private Limited is audited by L N MALIK & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| L N MALIK & CO | FY 2018 | 015992N |
Shareholding
The shareholding of Best Metals Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Best Metals Private Limited, buy the company report.
Legal cases
Best Metals Private Limited has 8 court cases on record: 5 filed by Best Metals, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 2 | 0 |
| High courts | 3 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gautam Buddha Nagar, Uttar Pradesh | Court case (Original Suit) | Filed by the company against Ms.Gajra Bevel Gears Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by Amtrex Ambience Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed against the company by M - S Remi Metals Gujrat Ltd. | Disposed |
| High Court of Delhi | Court case (FAO(OS)) | Filed by the company against M/S Gajra Bevel Gears Ltd. | Disposed |
| High Court of Delhi | Court case (FAO(OS)) | Filed by the company against Gajra Bevel Gears Ltd. | Disposed |
To see the full case history of Best Metals 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 Best Metals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Best Metals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACB4821B1Z8 | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Best Metals Private Limited, buy the company report.
Recent activity
Best Metals Private Limited has 10 board changes on record since 1984: 5 appointments and 5 cessations. The latest: Nitesh Jain ceased to be Additional Director on 28 Sep 2019.
1 earlier event is in the company report.
News
Frequently asked questions
Best Metals has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Best Metals was a private limited company based in New Delhi, Delhi, India. The company worked in metal foundry and fabrication services, within the engineering industry. It was incorporated on 22 June 1984 and is registered under CIN U74899DL1984PTC018477. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Best Metals is U74899DL1984PTC018477. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Best Metals had 5 directors:
- Surinder Jain - Director
- Nitin Jain - Director
- Nitesh Jain - Director
- Swati Jain - Director
- Ruchika Jain - Director
Best Metals was incorporated on 22 June 1984. It is registered with the Registrar of Companies, Delhi.
Best Metals can be reached through the website bestgroup.co.in. Its registered office is in New Delhi, Delhi, India.
The registered office of Best Metals is at C – 521 Safdurjung Development Area, New Delhi, Delhi, India – 110016.
The latest financial statements of Best Metals on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Best Metals is 09AAACB4821B1Z8, registered in Uttar Pradesh.
Best Metals operated in the engineering industry, in the metal foundry and fabrication services segment.
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