Banswara Syntex Profile
Key Indicators
- Authorised Capital ₹ 68.85 Cr
- Paid Up Capital ₹ 17.12 Cr
- Company Age 48 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 838.56 Cr
- Satisfied Charges ₹ 1,787.27 Cr
- Revenue Growth 25.41%
- Profit Growth 138.38%
- Ebitda 66.48%
- Net Worth 27.22%
- Total Assets 21.10%
About Banswara Syntex
Banswara Syntex Ltd (BSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 May 1976 and has a history of 48 years and ten months. Its registered office is in Banswara, Rajasthan, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 503722 and on the National Stock Exchange(NSE) under BANSWRAS.
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 68.85 Cr and a paid-up capital of Rs 17.12 Cr.
The company currently has active open charges totaling ₹838.56 Cr. The company has closed loans amounting to ₹1,787.27 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Banswara Syntex Ltd India are Kavita Gandhi as CFO and Ketan Dave as Company Secretary. Ajay Sharma, Kavita Soni, Ravindra Toshniwal, and Five other members serve as directors at the Company.
Company Details
- Location
Banswara, Rajasthan, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
Manufacturing
What products or services does Banswara Syntex Ltd offer?
Banswara Syntex Ltd offers a wide range of products and services, including Men Shirts, Jeans & Clothing, Men Jackets, Industrial Fabrics and Textiles, Industrial Fabric, Winter Wear & Accessories, Winter Jackets, Yarns & Threads, Yarn, Party, Wedding, Western, Formal Wear, Men Suits.
Who are the key members and board of directors at Banswara Syntex?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ravindra Toshniwal  | Managing Director | 24-Aug-2007 | Current |
| Kavita Gandhi | CFO | 09-Jun-2023 | Current |
| Ketan Dave | Company Secretary | 12-Nov-2024 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Narendra Ambwani | Director | 29-Jan-2024 | Current |
| Jagdeesh Mehta | Director | 27-Oct-2016 | Current |
| Ajay Sharma | Director | 05-Nov-2024 | Current |
| Kavita Soni | Whole-Time Director | 05-Nov-2024 | Current |
| Rahul Narendra | Additional Director | 29-Jan-2025 | Current |
| Shaleen Toshniwal | Whole-Time Director | 01-Oct-2010 | Current |
Financial Performance of Banswara Syntex.
Banswara Syntex Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 25.41% increase. The company also saw a substantial improvement in profitability, with a 138.38% increase in profit. The company's net worth Soared by an impressive increase of 27.22%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Banswara Syntex?
In 2023, Banswara Syntex had a promoter holding of 56.25% and a public holding of 43.75%. The company had 1 Subsidiary and 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Manmade And Technical Textiles Export Promotion CouncilShaleen Toshniwal is a mutual person
The Indian Society Of AdvertisersNarendra Ambwani is a mutual person
Textile Sector Skill CouncilRakesh Mehra is a mutual person
National Skill Development CorporationRakesh Mehra is a mutual person
Indian Technical Textile AssociationRakesh Mehra is a mutual person
Areion Finserve Private LimitedAjay Sharma is a mutual person
Charges (Loans)
Open Charges
₹838.56 Cr
Satisfied Charges
₹1,787.27 Cr
Charges Breakdown by Lending Institutions
- Others : 833.01 Cr
- Bank Of India : 5.00 Cr
- Rajsthan State Industrial Development & Invert. Corp. Ltd. : 0.45 Cr
- The Industrial Credit & Investment Corp. Of India Ltd. : 0.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Aug 2024 | Others | ₹51.50 Cr | Open |
| 08 Dec 2023 | Others | ₹327.50 Cr | Open |
| 27 Dec 2022 | Others | ₹445.21 Cr | Open |
| 15 Apr 2022 | Others | ₹8.80 Cr | Open |
| 04 Mar 2021 | Bank Of India | ₹5.00 Cr | Open |
How Many Employees Work at Banswara Syntex?
Banswara Syntex has a workforce of 8513 employees as of Apr 07, 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 Banswara Syntex, 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 Banswara Syntex'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 Banswara Syntex
Recent activity within the organization
- Director Appointment
Rahul Mehta Narendra was appointed as a Additional Director was appointed as a Additional Director on 29 Jan 2025 & has been associated with this company since 1 month 26 days .
- Charges
A charge registered on 02 Mar 2016 via Charge ID 100020150 with Idbi Bank Limited was fully satisfied on 12 Nov 2024.
- Director Appointment
Ketan Kumar Dave was appointed as a Company Secretary was appointed as a Company Secretary on 12 Nov 2024 & has been associated with this company since 4 months 15 days .
- Director Appointment
Ajay Sharma was appointed as a Director was appointed as a Director on 05 Nov 2024 & has been associated with this company since 4 months 22 days .
- Director Appointment
Kavita Soni was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 05 Nov 2024 & has been associated with this company since 4 months 22 days .
- Charges
A charge with Others amounted to Rs. 51.50 Cr with Charge ID 100972947 was registered on 31 Aug 2024.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Banswara Syntex Ltd?
Banswara Syntex Ltd was incorporated on 05 May 1976.
What is authorized share capital and paid-up capital of Banswara Syntex Ltd?
The authorized share capital of Banswara Syntex Ltd is ₹ 68.85 Cr and paid-up capital is ₹ 17.12 Cr.
Who are the current board members & directors of Banswara Syntex Ltd?
Currently 10 directors are associated with Banswara Syntex Ltd.
- Ajay Sharma
- Kavita Soni
- Ravindra Kumar Toshniwal
- Rahul Mehta Narendra
- Narendra Kumar Anand Ambwani
- Shaleen Toshniwal
- Rakesh Mehra
- Jagdeesh Mal Mehta
- Kavita Govindlal Gandhi
- Ketan Kumar Dave
What is the registered address of Banswara Syntex Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Banswara Syntex Ltd is Industrial Area Dahod Road Post Box No. 21, India, Banswara, Rajasthan, 327001.
What is the corporate identification number (CIN) and company number of Banswara Syntex Ltd?
The corporate identification number (CIN) of Banswara Syntex Ltd is L24302RJ1976PLC001684 and the company number is 001684 as per Ministry of Corporate Affairs (MCA).
Is Banswara Syntex Ltd registered with any stock exchange in India?
Yes, Banswara Syntex Ltd is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): BANSWRAS.
What is the official website of Banswara Syntex Ltd?
The Official website of Banswara Syntex Ltd is https://www.banswarasyntex.com
What has been the recent revenue trend for Banswara Syntex Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Banswara Syntex Ltd has risen by 25.41%.
How many employees does Banswara Syntex Ltd currently have?
As Per 2023 financial reports, 8513 employees are currently employed by Banswara Syntex Ltd.
What change has been observed in the net worth of Banswara Syntex Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Banswara Syntex Ltd has experienced an upsurge of 27.22%.
What are the total open charges for Banswara Syntex Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Banswara Syntex Ltd amount to ₹ 838.56 Cr.
When was the last Balance Sheet of Banswara Syntex Ltd filed with the ROC?
The most recent Balance Sheet for Banswara Syntex Ltd was filed with the ROC on 31 Mar 2024.
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