Baazar Style Retail Limited

Retail company selling various items in eastern India through departmental stores.

2013 | 24 Parganas, West Bengal (India) | Active
Last Updated: November 16, 2024

Baazar Style Retail Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 37.31 Cr
  • Company Age 11 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 283.43 Cr
  • Satisfied Charges ₹ 93.90 Cr
  • Revenue Growth 41.57%
  • Profit Growth 163.72%
  • Ebitda 48.38%
  • Net Worth 34.65%
  • Total Assets 14.97%

About Baazar Style Retail

Baazar Style Retail Limited (BSRL) is a leading Public Limited Indian Non-Government Company incorporated in India on 03 June 2013 and has a history of 11 years and seven months. Its registered office is in 24 Parganas, West Bengal, India.

The Corporate was formerly known as Baazar Style Retail Private Limited. The Company is engaged in the Consumer Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 50.00 Cr and a paid-up capital of Rs 37.31 Cr.

The company currently has active open charges totaling ₹283.43 Cr. The company has closed loans amounting to ₹93.90 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Baazar Style Retail Limited India are Nitin Singhania as CFO and Abinash Singh as Company Secretary. Richa Goyal, Dhanpat Agarwal, Bhagwan Prasad, and Seven other members serve as directors at the Company.

Company Details

  • Location

    24 Parganas, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U18109WB2013PLC194160

  • Company No.

    194160

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 Jun 2013

  • Date of AGM

    19 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Consumer Services

Who are the key members and board of directors at Baazar Style Retail?

Executive Team (3)

NameDesignationAppointment DateStatus
Shreyans Surana Country flag representing In Managing Director01-Sep-2013Current
Nitin Singhania CFO30-Mar-2022Current
Abinash Singh Company Secretary23-Dec-2021Current

Board Members (9)

NameDesignationAppointment DateStatus
Ushma Sule Country flag representing In Nominee Director 21-Aug-2018Current
Richa Goyal Country flag representing In Director 15-Feb-2024Current
Dhanpat Agarwal Country flag representing In Director 01-Mar-2022Current
Bhagwan Prasad Country flag representing In Whole-Time Director 08-Apr-2017Current
Pradeep Agarwal Country flag representing In Whole-Time Director 30-Sep-2017Current
Rohit Kedia Country flag representing In Whole-Time Director 03-Jun-2013Current

Financial Performance of Baazar Style Retail.

Baazar Style Retail Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 41.57% increase. The company also saw a substantial improvement in profitability, with a 163.72% increase in profit. The company's net worth Soared by an impressive increase of 34.65%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
41.57%
Revenue from Operations
42.96%
Total Assets
14.97%
Profit or Loss
163.72%
Net Worth
34.65%
EBITDA
48.38%

What is the Ownership and Shareholding Structure of Baazar Style Retail?

In 2023, Baazar Style Retail had a promoter holding of 31.76% and a public holding of 68.24%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹283.43 Cr

Satisfied Charges

₹93.90 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 213.57 Cr
  • Hdfc Bank Limited : 34.35 Cr
  • State Bank Of India : 21.26 Cr
  • Others : 14.25 Cr

Latest Charge Details

DateLenderAmountStatus
23 Apr 2024Axis Bank Limited₹20.00 CrOpen
11 Jan 2024Others₹14.25 CrOpen
20 Dec 2023Axis Bank Limited₹52.00 CrOpen
03 Feb 2023Hdfc Bank Limited₹4.35 CrOpen
20 Aug 2022Axis Bank Limited₹5.82 MOpen

How Many Employees Work at Baazar Style Retail?

Baazar Style Retail has a workforce of 2620 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Baazar Style Retail, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Baazar Style Retail's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Baazar Style Retail

Recent activity within the organization

  • Annual General Meeting

    Baazar Style Retail Limited last Annual general meeting of members was held on 19 Jul 2024 as per latest MCA records.

    19 Jul 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 20.00 Cr with Charge ID 100912288 was registered on 23 Apr 2024.

    23 Apr 2024

  • Charges

    A charge with Axis Bank Limited of Rs. 136.71 Cr registered on 29 Jul 2019 with Charge ID 100281441 was modified on 19 Apr 2024.

    19 Apr 2024

  • Balance Sheet

    Baazar Style Retail Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Director Appointment

    Richa Manoj Goyal was appointed as a Director was appointed as a Director on 15 Feb 2024 & has been associated with this company since 11 months 16 days .

    15 Feb 2024

  • Director Appointment

    Prashant Singhania was appointed as a Director was appointed as a Director on 15 Feb 2024 & has been associated with this company since 11 months 16 days .

    15 Feb 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Baazar Style Retail Limited was incorporated on 03 Jun 2013.

  • The authorized share capital of Baazar Style Retail Limited is ₹ 50.00 Cr and paid-up capital is ₹ 37.31 Cr.

  • Currently 12 directors are associated with Baazar Style Retail Limited.

    • Richa Manoj Goyal
    • Dhanpat Ram Agarwal
    • Bhagwan Prasad
    • Pradeep Kumar Agarwal
    • Shreyans Surana
    • Rohit Kedia
    • Ushma Avinash Sule
    • Prashant Singhania
    • Saurabh Mittal
    • Rishabh Narendra Jain
    • Nitin Singhania
    • Abinash Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Baazar Style Retail Limited is P S Srijan Tech Park Dn-52 12Th Floor Street Number 11 Dn Block Sector V, Salt Lake India, Saltlake, West Bengal, 700091.

  • The corporate identification number (CIN) of Baazar Style Retail Limited is U18109WB2013PLC194160 and the company number is 194160 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Baazar Style Retail Limited is https://www.stylebaazar.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Baazar Style Retail Limited has risen by 41.57%.

  • As Per 2023 financial reports, 2620 employees are currently employed by Baazar Style Retail Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Baazar Style Retail Limited has experienced an upsurge of 34.65%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Baazar Style Retail Limited amount to ₹ 283.43 Cr.

  • The most recent Balance Sheet for Baazar Style Retail Limited was filed with the ROC on 31 Mar 2024.

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