Baleshwar Synthetics Textiles Pvt Ltd

Manufactures viscose and cotton fabrics for suiting and shirting.

1981 | Mumbai, Maharashtra (India) | Active
Last Updated: June 29, 2024

Baleshwar Synthetics Textiles Profile

Key Indicators

  • Authorised Capital ₹ 5.10 M
  • Paid Up Capital ₹ 4.86 M
  • Company Age 43 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 32.18 Cr
  • Satisfied Charges ₹ 47.92 Cr
  • Revenue Growth -9.34%
  • Profit Growth -128.91%
  • Ebitda -60.77%
  • Net Worth -169.35%
  • Total Assets -10.83%

About Baleshwar Synthetics Textiles

Baleshwar Synthetics Textiles Pvt Ltd (BSTPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 November 1981 and has a history of 43 years and two months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Baleshwar Synthetics 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 2023. It's a company limited by shares with an authorized capital of Rs 5.10 M and a paid-up capital of Rs 4.86 M.

The company currently has active open charges totaling ₹32.18 Cr. The company has closed loans amounting to ₹47.92 Cr, as per Ministry of Corporate Affairs (MCA) records.

Siddhant Biyani, Rajendrakumar Biyani, Shivratan Biyani, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17120MH1981PTC025685

  • Company No.

    025685

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Nov 1981

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Baleshwar Synthetics Textiles Pvt Ltd offer?

Baleshwar Synthetics Textiles Pvt Ltd offers a wide range of products and services, including Home Decor Fabric, Home Decor & Furnishing Fabrics.

Who are the key members and board of directors at Baleshwar Synthetics Textiles?

Board Members (5)

Name Designation Appointment Date Status
Siddhant Biyani Country flag representing In Director 01-Apr-2022 Current
Rajendrakumar Biyani Country flag representing In Director 25-Aug-1994 Current
Shivratan Biyani Country flag representing In Whole-Time Director 01-Mar-1994 Current
Mainadevi Biyani Country flag representing In Whole-Time Director 30-Mar-2015 Current
Manisha Biyani Country flag representing In Whole-Time Director 30-Mar-2015 Current

Financial Performance of Baleshwar Synthetics Textiles.

Baleshwar Synthetics Textiles Pvt Ltd, for the financial year ended 2023, experienced Minor drop in revenue, with a 9.34% decrease. The company also saw a substantial fall in profitability, with a 128.91% decrease in profit. The company's net worth observed a substantial decline by a decrease of 169.35%.

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
-9.34%
Revenue from Operations
-10.21%
Total Assets
-10.83%
Profit or Loss
-128.91%
Net Worth
-169.35%
EBITDA
-60.77%

What is the Ownership and Shareholding Structure of Baleshwar Synthetics Textiles?

In 2023, Baleshwar Synthetics Textiles 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

₹321.77 M

Satisfied Charges

₹479.16 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 32.18 Cr

Latest Charge Details

Date Lender Amount Status
17 Jul 2020 Hdfc Bank Limited ₹32.18 Cr Open
16 Mar 2018 Yes Bank Limited ₹8.50 Cr Satisfied
28 Nov 2017 Yes Bank Limited ₹8.50 Cr Satisfied
24 Jan 2017 Others ₹1.00 Cr Satisfied
23 Jul 2008 Bank Of Baroda ₹6.50 Cr Satisfied

How Many Employees Work at Baleshwar Synthetics Textiles?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Baleshwar Synthetics Textiles, 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 Baleshwar Synthetics Textiles'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 Baleshwar Synthetics Textiles

Recent activity within the organization

  • Annual General Meeting

    Baleshwar Synthetics Textiles Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Baleshwar Synthetics Textiles Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 13 Sep 1996 via Charge ID 90188659 with Sicom Ltd was fully satisfied on 15 Nov 2022.

    15 Nov 2022

  • Charges

    A charge registered on 27 Jan 1995 via Charge ID 90189123 with Sicom Ltd was fully satisfied on 15 Nov 2022.

    15 Nov 2022

  • Charges

    A charge registered on 30 Jun 1986 via Charge ID 90189045 with The State Industrial Invest Ment Of Maharashtra Ltd was fully satisfied on 15 Nov 2022.

    15 Nov 2022

  • Director Appointment

    Siddhant Shivratan Biyani was appointed as a Director was appointed as a Director on 01 Apr 2022 & has been associated with this company since 2 years 10 months .

    01 Apr 2022

Frequently asked questions

  • Baleshwar Synthetics Textiles Pvt Ltd was incorporated on 23 Nov 1981.

  • The authorized share capital of Baleshwar Synthetics Textiles Pvt Ltd is ₹ 5.10 M and paid-up capital is ₹ 4.86 M.

  • Currently 5 directors are associated with Baleshwar Synthetics Textiles Pvt Ltd.

    • Siddhant Shivratan Biyani
    • Rajendrakumar Madanlal Biyani
    • Shivratan Rajendrakumar Biyani
    • Mainadevi Rajendrakumar Biyani
    • Manisha Shivratan Biyani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Baleshwar Synthetics Textiles Pvt Ltd is 602Harlalka Hights Co-Op Housing SocietyBuilding 162/164/166 2Nd Fanaswadi Sitaram Podda, R Marg, Mumbai, Maharashtra, India, 400002.

  • The corporate identification number (CIN) of Baleshwar Synthetics Textiles Pvt Ltd is U17120MH1981PTC025685 and the company number is 025685 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Baleshwar Synthetics Textiles Pvt Ltd is https://www.baleshwar.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Baleshwar Synthetics Textiles Pvt Ltd has fallen by -9.34%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Baleshwar Synthetics Textiles Pvt Ltd has experienced an downturn of -169.35%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Baleshwar Synthetics Textiles Pvt Ltd amount to ₹ 32.18 Cr.

  • The most recent Balance Sheet for Baleshwar Synthetics Textiles Pvt Ltd was filed with the ROC on 31 Mar 2023.

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