Banaras Beads Profile
Key Indicators
- Authorised Capital ₹ 12.00 Cr
- Paid Up Capital ₹ 6.61 Cr
- Company Age 44 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 15.00 Cr
- Satisfied Charges ₹ 68.01 Cr
- Revenue Growth 24.43%
- Profit Growth 22.04%
- Ebitda 9.71%
- Net Worth 3.17%
- Total Assets 6.55%
About Banaras Beads
Banaras Beads Limited (BBL) is a leading Public Limited Indian Non-Government Company incorporated in India on 10 April 1980 and has a history of 44 years and ten months. Its registered office is in Varanasi, Uttar Pradesh, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 526849 and on the National Stock Exchange(NSE) under BANARBEADS.
The Company is engaged in the Home & Lifestyle 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 12.00 Cr and a paid-up capital of Rs 6.61 Cr.
The company currently has active open charges totaling ₹15.00 Cr. The company has closed loans amounting to ₹68.01 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Banaras Beads Limited India are Siddharth Gupta as Ceo, Vinay Piyush as Cfo, and Ramesh Singh as Company Secretary. Ashok Gupta, Siddharth Gupta, Manan Sah, and Three other members serve as directors at the Company.
Company Details
- Location
Varanasi, Uttar Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L01131UP1980PLC004984
- Company No.
004984
- Stock Symbol
BSE : 526849 NSE : BANARBEADS
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
10 Apr 1980
- Date of AGM
01 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Kanpur
Industry
What products or services does Banaras Beads Limited offer?
Banaras Beads Limited offers a wide range of products and services, including Glass, Gem Stone, Wood & Other Beads, Beads, Metal Beads, Painted Bead, Glass Beads, Artificial, Stone and Metal Earrings, Ladies Earring, Artificial and Metal Necklaces, Necklace.
Who are the key members and board of directors at Banaras Beads?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashok Gupta  | Managing Director | 10-Apr-1980 | Current |
| Siddharth Gupta | Managing Director | 05-Aug-2010 | Current |
| Vinay Piyush | CFO | 01-Apr-2019 | Current |
| Ramesh Singh | Company Secretary | 08-Dec-1998 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Manan Sah | Director | 17-Jan-2020 | Current |
| Anil Gupta | Director | 17-Jan-2020 | Current |
| Shalini Chandra | Director | 01-Mar-2015 | Current |
| Sushil Kandoi | Director | 17-Jan-2020 | Current |
Financial Performance of Banaras Beads.
Banaras Beads Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 24.43% increase. The company also saw a substantial improvement in profitability, with a 22.04% increase in profit. The company's net worth moved up by a moderate rise of 3.17%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Banaras Beads?
In 2023, Banaras Beads had a promoter holding of 58.14% and a public holding of 41.85%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
U P National Manufacturers LimitedManan Sah is a mutual person
Tullu Sales Private LimitedManan Sah is a mutual person
Banaras Bead Business LlpAshok Gupta is a mutual person
- Banaras Glass Beads Private Limited
Siddharth Gupta is a mutual person
Jvr Real Estate LlpAshok Gupta is a mutual person
- Sanwaria Trade-Link Llp
Ashok Gupta and Siddharth Gupta are mutual person
Charges (Loans)
₹15.00 Cr
₹68.01 Cr
Charges Breakdown by Lending Institutions
- Others : 15.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Aug 2018 | Others | ₹15.00 Cr | Open |
| 11 Aug 2014 | Yes Bank Limited | ₹15.00 Cr | Satisfied |
| 29 Dec 2009 | Bank Of Baroda | ₹15.25 Cr | Satisfied |
| 27 Jun 2006 | Bank Of Baroda | ₹1.25 M | Satisfied |
| 10 Mar 1994 | State Bank Of India | ₹2.05 Cr | Satisfied |
How Many Employees Work at Banaras Beads?
Banaras Beads has a workforce of 247 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 Banaras Beads, 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 Banaras Beads'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.
