Banaras Weave Private Limited

Produces and sells a variety of high-quality fabrics, including tissue, chanderi, silk, and digital prints.

2017 | Varanasi, Uttar Pradesh (India) | Active
Last Updated: December 14, 2024

Banaras Weave Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 0.12 M
  • Company Age 7 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.93 Cr
  • Revenue Growth 116.61%
  • Profit Growth 146.51%
  • Ebitda 111.84%
  • Net Worth 91.24%
  • Total Assets 0.34%

About Banaras Weave

Banaras Weave Private Limited (BWPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 October 2017 (Seven years and three months 20 days old ). Its registered office is in Varanasi, Uttar Pradesh, India.

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 5.00 M and a paid-up capital of Rs 0.12 M.

The company currently has active open charges totaling ₹2.93 Cr.

Ritu Kushwaha and Vishnu Kushwaha serve as directors at the Company.

Company Details

  • Location

    Varanasi, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17309UP2017PTC097804

  • Company No.

    097804

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Oct 2017

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Manufacturing

What products or services does Banaras Weave Private Limited offer?

Banaras Weave Private Limited offers a wide range of products and services, including Apparel Fabrics & Clothing Textiles, Cotton Textile, Industrial Fabrics and Textiles, Industrial Fabric, Polyester Textile, Polyester Fabric, Silk Textile, Chanderi Fabric, Natural Fabric.

Who are the key members and board of directors at Banaras Weave?

Board Members (2)

Name Designation Appointment Date Status
Vishnu Kushwaha Country flag representing In Director 12-Oct-2017 Current
Ritu Kushwaha Country flag representing In Director 12-Oct-2017 Current

Financial Performance of Banaras Weave.

Banaras Weave Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 116.61% increase. The company also saw a substantial improvement in profitability, with a 146.51% increase in profit. The company's net worth Soared by an impressive increase of 91.24%.

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
116.61%
Revenue from Operations
116.61%
Total Assets
0.34%
Profit or Loss
146.51%
Net Worth
91.24%
EBITDA
111.84%

What is the Ownership and Shareholding Structure of Banaras Weave?

In 2019, Banaras Weave 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

₹29.25 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 2.93 Cr

Latest Charge Details

Date Lender Amount Status
03 Apr 2023 Hdfc Bank Limited ₹2.05 M Open
25 Jan 2023 Hdfc Bank Limited ₹2.72 Cr Open

How Many Employees Work at Banaras Weave?

Unlock and access historical data on people associated with Banaras Weave, 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 Banaras Weave, 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 Weave'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 Banaras Weave

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Banaras Weave Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 27.20 M registered on 25 Jan 2023 with Charge ID 100682163 was modified on 30 Dec 2023.

    30 Dec 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.05 M with Charge ID 100713736 was registered on 03 Apr 2023.

    03 Apr 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 27.20 M with Charge ID 100682163 was registered on 25 Jan 2023.

    25 Jan 2023

  • Director Appointment

    Ritu Kushwaha was appointed as a Director was appointed as a Director on 12 Oct 2017 & has been associated with this company since 7 years 3 months .

    12 Oct 2017

Frequently asked questions

  • Banaras Weave Private Limited was incorporated on 12 Oct 2017.

  • The authorized share capital of Banaras Weave Private Limited is ₹ 5.00 M and paid-up capital is ₹ 0.12 M.

  • Currently 2 directors are associated with Banaras Weave Private Limited.

    • Ritu Kushwaha
    • Vishnu Kushwaha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Banaras Weave Private Limited is J 25/59 A-4 Usmanpura, Jaitpura India, Varanasi, Uttar Pradesh, 221001.

  • The corporate identification number (CIN) of Banaras Weave Private Limited is U17309UP2017PTC097804 and the company number is 097804 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Banaras Weave Private Limited is https://www.banarasweave.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Banaras Weave Private Limited has risen by 116.61%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Banaras Weave Private Limited has experienced an upsurge of 91.24%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Banaras Weave Private Limited amount to ₹ 2.93 Cr.

  • The most recent Balance Sheet for Banaras Weave Private Limited was filed with the ROC on 31 Mar 2024.