About BGS Fashions Private Limited
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BGS Fashions Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 23 October 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U18101DL2002PTC117452. The company has 4 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹49.1 Lakh. It is led by directors Nitin Gupta (Managing Director) and Kuldeep Chand.
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 is at 1885 Jagram Mandir Lane Kotla Mubarak, New Delhi, Delhi, India – 110003.
As per the financials filed for FY 2019, the company reported a revenue of ₹18.25 Lakh, a decline of 82% compared to the previous year. For the same year it recorded a net loss of ₹49.04 Lakh (net margin -268.8%) and EBITDA of -₹48.88 Lakh (EBITDA margin -267.9%). Revenue has declined at a compounded annual rate (CAGR) of 84% over three years.
As per MCA filings, the company has open charges of ₹2.1 Cr and satisfied charges of ₹17 Cr on record. Court records list 13 cases involving the company, including 8 filed by the company and 5 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bgs.in.
Company details
Contact details
BGS Fashions Private Limited's registered office is in New Delhi, Delhi. Its website is bgs.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1885 Jagram Mandir Lane Kotla Mubarak, New Delhi, Delhi, India – 110003
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of BGS Fashions 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 BGS Fashions 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 BGS Fashions Private Limited, buy the company report.
Financials of BGS Fashions Private Limited
FY 2021 filings availableBGS Fashions Private Limited reported revenue of ₹18.25 Lakh (down 82% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 84% over three years, including a 82% fall in the latest year. EBITDA rose 45% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹48.88 Lakh | ||||
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| Net Profit (PAT) | -₹49.04 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | -267.9% | ||||
| Net Profit Margin | -268.8% | ||||
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To see the full financial statements and ratios of BGS Fashions Private Limited, buy the company report.
Board of directors of BGS Fashions Private Limited
BGS Fashions has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Gupta | Managing Director | 23 Oct 2002 | 24 Years 0 Months | Current |
| Kuldeep Chand | Director | 29 Mar 2010 | 16 Years 7 Months | Current |
Auditor
BGS Fashions Private Limited is audited by Mayur Bhargava & Associates for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mayur Bhargava & Associates | FY 2015 |
Shareholding
The shareholding of BGS Fashions Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of BGS Fashions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Mar 2013 | 10418486 | Kotak Mahindra Bank Limited | ₹85 Lakh | Open | |
| 11 Mar 2013 | 10422913 | Kotak Mahindra Bank Limited | ₹50 Lakh | Open | |
| 21 Sep 2012 | 10381636 | Kotak Mahindra Bank Limited | ₹75 Lakh | Open | |
| 24 Aug 2015 | 10627178 | Kotak Mahindra Bank Limited | ₹10 Cr | Satisfied | |
| 26 Jun 2014 | 10518295 | Deutsche Bank Ag | ₹7 Cr | Satisfied |
To see the full charge records of BGS Fashions Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
BGS Fashions Private Limited has 13 court cases on record: 8 filed by BGS Fashions, 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 3 | 0 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Civil suit | Filed by the company against M/Skrc Gems Pvt. Ltd | Disposed |
| High Court, CHANDIGARH (UT) | Writ petition | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
| District court, South, Delhi | Criminal case | Filed against the company by Idbi Bank Ltd. | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S RBL Bank Ltd | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S RBL Bank Ltd | Disposed |
To see the full case history of BGS Fashions 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 BGS Fashions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
BGS Fashions has 4 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 BGS Fashions Private Limited, buy the company report.
Recent activity
BGS Fashions Private Limited has 6 board changes on record since 2002: 2 appointments and 4 cessations. The latest: Aditi Gupta ceased to be Director on 20 Jul 2010.
4 earlier events are in the company report.
Frequently asked questions
BGS Fashions is an active private limited company based in New Delhi, Delhi, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 23 October 2002 (24+ years old) and is registered under CIN U18101DL2002PTC117452.
BGS Fashions has 2 current directors:
- Nitin Gupta - Managing Director
- Kuldeep Chand - Director
The latest financial statements of BGS Fashions 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. BGS Fashions has 4 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of BGS Fashions is U18101DL2002PTC117452. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
BGS Fashions has 13 court cases on record: 8 filed by the company and 5 filed against it. Most are in the district courts.
BGS Fashions was incorporated on 23 October 2002, making it 24+ years old. It is registered with the Registrar of Companies, Delhi.
Aditi Gupta ceased to be Director on 20 Jul 2010. Anuj Gupta ceased to be Director on 29 Mar 2010. Kuldeep Chand was appointed as Director on 29 Mar 2010. BGS Fashions has 6 board changes on record in total.
BGS Fashions can be reached through the website bgs.in. Its registered office is in New Delhi, Delhi, India.
The registered office of BGS Fashions is at 1885 Jagram Mandir Lane Kotla Mubarak, New Delhi, Delhi, India – 110003.
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