Baazar Style Retail Profile
Key Indicators
- Authorised Capital ₹ 50.00 Cr
- Paid Up Capital ₹ 37.31 Cr
- Company Age 11 Year, 9 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 nine 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
- Website
- 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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shreyans Surana  | Managing Director | 01-Sep-2013 | Current |
| Nitin Singhania | CFO | 30-Mar-2022 | Current |
| Abinash Singh | Company Secretary | 23-Dec-2021 | Current |
Board Members (9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ushma Sule | Nominee Director | 21-Aug-2018 | Current |
| Richa Goyal | Director | 15-Feb-2024 | Current |
| Dhanpat Agarwal | Director | 01-Mar-2022 | Current |
| Bhagwan Prasad | Whole-Time Director | 08-Apr-2017 | Current |
| Pradeep Agarwal | Whole-Time Director | 30-Sep-2017 | Current |
| Rohit Kedia | Whole-Time Director | 03-Jun-2013 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
The Bengal Rowing ClubRohit Kedia is a mutual person
Steamhouse India LimitedRicha Goyal is a mutual person
Itag Business Solutions LimitedDhanpat Agarwal is a mutual person
Tci Finance LimitedDhanpat Agarwal is a mutual person
Waaree Energies LimitedRicha Goyal is a mutual person
Bikaji Foods International LimitedRicha Goyal is a mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Apr 2024 | Axis Bank Limited | ₹20.00 Cr | Open |
| 11 Jan 2024 | Others | ₹14.25 Cr | Open |
| 20 Dec 2023 | Axis Bank Limited | ₹52.00 Cr | Open |
| 03 Feb 2023 | Hdfc Bank Limited | ₹4.35 Cr | Open |
| 20 Aug 2022 | Axis Bank Limited | ₹5.82 M | Open |
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.
Deals i
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
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
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.
- Charges
A charge with Axis Bank Limited amounted to Rs. 20.00 Cr with Charge ID 100912288 was registered on 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.
- Balance Sheet
Baazar Style Retail Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
- 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 1 year 17 days .
- 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 1 year 17 days .
Recent News, Updates & Announcement
PromotEdge secures exclusive marketing mandate for Style Baazar.The company stated that the partnership promises to make waves in the competitive landscape of fashion retail and stands as a testament to the shared vision and commitment of both organisations.
Frequently asked questions
What is the Incorporation or founding date of Baazar Style Retail Limited?
Baazar Style Retail Limited was incorporated on 03 Jun 2013.
What is authorized share capital and paid-up capital of Baazar Style Retail Limited?
The authorized share capital of Baazar Style Retail Limited is ₹ 50.00 Cr and paid-up capital is ₹ 37.31 Cr.
Who are the current board members & directors of Baazar Style Retail Limited?
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
What is the registered address of Baazar Style Retail Limited?
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.
What is the corporate identification number (CIN) and company number of Baazar Style Retail Limited?
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).
What is the official website of Baazar Style Retail Limited?
The Official website of Baazar Style Retail Limited is https://www.stylebaazar.in
What has been the recent revenue trend for Baazar Style Retail Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Baazar Style Retail Limited has risen by 41.57%.
How many employees does Baazar Style Retail Limited currently have?
As Per 2023 financial reports, 2620 employees are currently employed by Baazar Style Retail Limited.
What change has been observed in the net worth of Baazar Style Retail Limited, and by what percentage?
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%.
What are the total open charges for Baazar Style Retail Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Baazar Style Retail Limited amount to ₹ 283.43 Cr.
When was the last Balance Sheet of Baazar Style Retail Limited filed with the ROC?
The most recent Balance Sheet for Baazar Style Retail Limited was filed with the ROC on 31 Mar 2024.
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