Basant Fibertek Private Limited

Manufactures and exports machinery parts for textile and plastic industries.

1981 | Kolkata, West Bengal (India) | Active
Last Updated: June 14, 2024

Basant Fibertek Profile

Key Indicators

  • Authorised Capital ₹ 2.55 M
  • Paid Up Capital ₹ 2.55 M
  • Company Age 43 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.20 Cr
  • Satisfied Charges ₹ 2.51 Cr
  • Revenue Growth 34.21%
  • Profit Growth 54.67%
  • Ebitda 48.50%
  • Net Worth 67.40%
  • Total Assets 23.67%

About Basant Fibertek

Basant Fibertek Private Limited (BFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 October 1981 and has a history of 43 years and three months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Basant Wire Industries Pvt Ltd. The Company is engaged in the Machinery And Equipment 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 2.55 M and a paid-up capital of Rs 2.55 M.

The company currently has active open charges totaling ₹3.20 Cr. The company has closed loans amounting to ₹2.51 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kishore Khaitan and Yashraj Khaitan serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31300WB1981PTC034196

  • Company No.

    034196

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Oct 1981

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Machinery and Equipment

What products or services does Basant Fibertek Private Limited offer?

Basant Fibertek Private Limited offers a wide range of products and services, including Textile Machinery Spares, Textile Machine Components, Seals, Oil Seals & Industrial Seals, Plastic Ring, Metal Pins, Textile Spinning Parts, Industrial & Engineering Goods, Pressure Roller, Nails & Pins, Textile Equipment Parts.

Who are the key members and board of directors at Basant Fibertek?

Executive Team (1)

Name Designation Appointment Date Status
Kishore Khaitan Country flag representing In Managing Director 11-Jul-1994 Current

Board Members (1)

Name Designation Appointment Date Status
Yashraj Khaitan Country flag representing In Director 13-Feb-2012 Current

Financial Performance of Basant Fibertek.

Basant Fibertek Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 34.21% increase. The company also saw a substantial improvement in profitability, with a 54.67% increase in profit. The company's net worth Soared by an impressive increase of 67.4%.

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
34.21%
Revenue from Operations
35.04%
Total Assets
23.67%
Profit or Loss
54.67%
Net Worth
67.40%
EBITDA
48.50%

What is the Ownership and Shareholding Structure of Basant Fibertek?

In 2023, Basant Fibertek had a promoter holding of 99.88% and a public holding of 0.12%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹32.00 M

Satisfied Charges

₹25.10 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 3.10 Cr
  • Hdfc Bank Limited : 0.10 Cr

Latest Charge Details

Date Lender Amount Status
26 Oct 2020 Hdfc Bank Limited ₹1.00 M Open
04 Feb 1995 State Bank Of India ₹3.10 Cr Open
30 May 2020 State Bank Of India ₹3.75 M Satisfied
22 May 2020 State Bank Of India ₹1.25 M Satisfied
24 Jun 2015 State Bank Of Bikaner And Jaipur ₹1.80 Cr Satisfied

How Many Employees Work at Basant Fibertek?

Basant Fibertek has a workforce of 75 employees as of Apr 06, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Basant Fibertek, 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 Basant Fibertek'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 Basant Fibertek

Recent activity within the organization

  • Annual General Meeting

    Basant Fibertek Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Basant Fibertek Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India of Rs. 31.00 M registered on 04 Feb 1995 with Charge ID 90253584 was modified on 11 Jan 2023.

    11 Jan 2023

  • Charges

    A charge registered on 30 May 2020 via Charge ID 100344142 with State Bank Of India was fully satisfied on 05 Dec 2022.

    05 Dec 2022

  • Charges

    A charge registered on 24 Jun 2015 via Charge ID 10578749 with State Bank Of Bikaner And Jaipur was fully satisfied on 24 Jun 2022.

    24 Jun 2022

  • Charges

    A charge registered on 22 May 2020 via Charge ID 100343046 with State Bank Of India was fully satisfied on 21 Jan 2022.

    21 Jan 2022

Frequently asked questions

  • Basant Fibertek Private Limited was incorporated on 17 Oct 1981.

  • The authorized share capital of Basant Fibertek Private Limited is ₹ 2.55 M and paid-up capital is ₹ 2.55 M.

  • Currently 2 directors are associated with Basant Fibertek Private Limited.

    • Kishore Kumar Khaitan
    • Yashraj Khaitan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Basant Fibertek Private Limited is 53A Rafi Ahmed Kidwai Road, Kolkata, West Bengal, India, 700016.

  • The corporate identification number (CIN) of Basant Fibertek Private Limited is U31300WB1981PTC034196 and the company number is 034196 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Basant Fibertek Private Limited is https://www.bwipins.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Basant Fibertek Private Limited has risen by 34.21%.

  • As Per 2023 financial reports, 75 employees are currently employed by Basant Fibertek Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Basant Fibertek Private Limited has experienced an upsurge of 67.40%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Basant Fibertek Private Limited amount to ₹ 3.20 Cr.

  • The most recent Balance Sheet for Basant Fibertek Private Limited was filed with the ROC on 31 Mar 2023.

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