Babita Laces Private Limited

Textile and apparel manufacturing company specializing in acrylic fiber and polyester products.

1996 | Mumbai, Maharashtra (India) | Active
Last Updated:

Babita Laces Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 3.00 M
  • Company Age 28 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.10 Cr
  • Revenue Growth -38.59%
  • Profit Growth -3804.86%
  • Ebitda 185.88%
  • Net Worth -30.82%
  • Total Assets 173.82%

About Babita Laces

Babita Laces Private Limited (BLPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 August 1996 and has a history of 28 years and eight months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Shamot Elastics Pvt Ltd. The Company is engaged in the Manufacturing 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 3.00 M and a paid-up capital of Rs 3.00 M.

The company currently has active open charges totaling ₹4.10 Cr.

Renu Giria and Rakeshkumar Giria serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25209MH1996PTC102010

  • Company No.

    102010

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Aug 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing
Company report

Babita Laces Private Limited

Explore comprehensive data for Babita Laces Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Babita Laces?

Board Members (2)

NameDesignationAppointment DateStatus
Renu Giria Country flag representing In Director 27-Aug-1998Current
Rakeshkumar Giria Country flag representing In Director 27-Aug-1998Current

Financial Performance of Babita Laces.

Babita Laces Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 38.59% decrease. The company also saw a substantial fall in profitability, with a 3804.86% decrease in profit. The company's net worth observed a substantial decline by a decrease of 30.82%.

Babita Laces revenue growth over time
Babita Laces 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
-38.59%
Revenue from Operations
-37.25%
Total Assets
173.82%
Profit or Loss
-3804.86%
Net Worth
-30.82%
EBITDA
185.88%

What is the Ownership and Shareholding Structure of Babita Laces?

In 2023, Babita Laces had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹41.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 3.87 Cr
  • The Surat Peoples Co-Operative Bank Limited : 0.23 Cr

Latest Charge Details

DateLenderAmountStatus
10 Nov 2023Canara Bank₹3.87 CrOpen
30 Nov 2006The Surat Peoples Co-Operative Bank Limited₹1.50 MOpen
29 Sep 2006The Surat Peoples Co-Operative Bank Limited₹0.80 MOpen
30 Mar 1999Jankalyan Shahkari Bank₹0.00Satisfied
30 Mar 1999Jankalyan Sahakari Bank Ltd.₹0.00Satisfied

How Many Employees Work at Babita Laces?

Unlock and access historical data on people associated with Babita Laces, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Babita Laces Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Babita Laces, 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 Babita Laces'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 Babita Laces

Recent activity within the organization

  • Annual General Meeting

    Babita Laces Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Babita Laces Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Canara Bank amounted to Rs. 38.70 M with Charge ID 100823563 was registered on 10 Nov 2023.

  • Charges

    A charge with The Surat Peoples Co-Operative Bank Limited amounted to Rs. 1.50 M with Charge ID 10110195 was registered on 30 Nov 2006.

  • Charges

    A charge with The Surat Peoples Co-Operative Bank Limited amounted to Rs. 0.80 M with Charge ID 10065687 was registered on 29 Sep 2006.

  • Charges

    A charge registered on 30 Mar 1999 via Charge ID 80004122 with Jankalyan Shahkari Bank was fully satisfied on 19 May 2006.

Frequently asked questions

  • What is the Incorporation or founding date of Babita Laces Private Limited?

    Babita Laces Private Limited was incorporated on 21 Aug 1996.

  • What is authorized share capital and paid-up capital of Babita Laces Private Limited?

    The authorized share capital of Babita Laces Private Limited is ₹ 3.00 M and paid-up capital is ₹ 3.00 M.

  • Who are the current board members & directors of Babita Laces Private Limited?

    Currently 2 directors are associated with Babita Laces Private Limited.

    • Renu Rakesh Giria
    • Rakeshkumar Puranmal Giria

  • What is the registered address of Babita Laces Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Babita Laces Private Limited is 303 Arihant Co-Op Society Opp. Cambridge School Thakur Complex, Kandivali (East) India, Mumbai, Maharashtra, 400101.

  • What is the corporate identification number (CIN) and company number of Babita Laces Private Limited?

    The corporate identification number (CIN) of Babita Laces Private Limited is U25209MH1996PTC102010 and the company number is 102010 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Babita Laces Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Babita Laces Private Limited has fallen by -38.59%.

  • What change has been observed in the net worth of Babita Laces Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Babita Laces Private Limited has experienced an downturn of -30.82%.

  • What are the total open charges for Babita Laces Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Babita Laces Private Limited amount to ₹ 4.10 Cr.

  • When was the last Balance Sheet of Babita Laces Private Limited filed with the ROC?

    The most recent Balance Sheet for Babita Laces Private Limited was filed with the ROC on 31 Mar 2024.

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