Bazari Synthetics Private Limited

Textile manufacturing company specializing in various fabrics and fibers for industrial use.

1998 | Mumbai, Maharashtra (India) | Active
Last Updated:

Bazari Synthetics Profile

Key Indicators

  • Authorised Capital ₹ 14.00 Cr
  • Paid Up Capital ₹ 11.72 Cr
  • Company Age 27 Year, 3 Days
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 55.24 Cr
  • Revenue Growth -27.75%
  • Profit Growth 21.19%
  • Ebitda -12.54%
  • Net Worth 8.42%
  • Total Assets -8.47%

About Bazari Synthetics

Bazari Synthetics Private Limited (BSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 March 1998 and has a history of 27 years. Its registered office is in Mumbai, Maharashtra, 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 14.00 Cr and a paid-up capital of Rs 11.72 Cr.

The company has closed loans amounting to ₹55.24 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Nilesh Agarwal and Rakesh Kishangopal serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17110MH1998PTC113788

  • Company No.

    113788

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Mar 1998

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

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

Board Members (2)

NameDesignationAppointment DateStatus
Nilesh Agarwal Country flag representing In Director 01-Jul-2002Current
Rakesh Kishangopal Country flag representing In Director 01-Jul-2002Current

Financial Performance of Bazari Synthetics.

Bazari Synthetics Private Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 27.75% decrease. The company also saw a substantial improvement in profitability, with a 21.19% increase in profit. The company's net worth moved up by a moderate rise of 8.42%.

Bazari Synthetics revenue growth over time
Bazari Synthetics 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
-27.75%
Revenue from Operations
-27.84%
Total Assets
-8.47%
Profit or Loss
21.19%
Net Worth
8.42%
EBITDA
-12.54%

What is the Ownership and Shareholding Structure of Bazari Synthetics?

In 2017, Bazari Synthetics had a promoter holding of 50.00% and a public holding of 50.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹55.24 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 49.11 Cr
  • Kotak Mahindra Bank Limited : 3.73 Cr
  • Bank Of Baroda : 2.40 Cr

Latest Charge Details

DateLenderAmountStatus
18 Sep 2015Kotak Mahindra Bank Limited₹3.73 CrSatisfied
23 Jan 2013State Bank Of India₹3.90 CrSatisfied
19 May 2009State Bank Of India₹45.21 CrSatisfied
28 Jan 2006Bank Of Baroda₹1.20 CrSatisfied
28 Jan 2006Bank Of Baroda₹1.20 CrSatisfied

How Many Employees Work at Bazari Synthetics?

Bazari Synthetics has a workforce of 3 employees as of Apr 09, 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.

Employee growth trends for Bazari Synthetics Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Bazari Synthetics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge registered on 18 Sep 2015 via Charge ID 10613885 with Kotak Mahindra Bank Limited was fully satisfied on 29 Nov 2017.

  • Charges

    A charge registered on 23 Jan 2013 via Charge ID 10411633 with State Bank Of India was fully satisfied on 29 Sep 2015.

  • Charges

    A charge registered on 19 May 2009 via Charge ID 10161349 with State Bank Of India was fully satisfied on 29 Sep 2015.

  • Charges

    A charge with Kotak Mahindra Bank Limited amounted to Rs. 3.73 Cr with Charge ID 10613885 was registered on 18 Sep 2015.

Frequently asked questions

  • What is the Incorporation or founding date of Bazari Synthetics Private Limited?

    Bazari Synthetics Private Limited was incorporated on 02 Mar 1998.

  • What is authorized share capital and paid-up capital of Bazari Synthetics Private Limited?

    The authorized share capital of Bazari Synthetics Private Limited is ₹ 14.00 Cr and paid-up capital is ₹ 11.72 Cr.

  • Who are the current board members & directors of Bazari Synthetics Private Limited?

    Currently 2 directors are associated with Bazari Synthetics Private Limited.

    • Nilesh Kisangopal Agarwal
    • Rakesh Agarwal Kishangopal

  • What is the registered address of Bazari Synthetics Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Bazari Synthetics Private Limited is Johri Mansion 3Rd Floor259Kalbadevi Road India, Mumbai, Maharashtra, 400002.

  • What is the corporate identification number (CIN) and company number of Bazari Synthetics Private Limited?

    The corporate identification number (CIN) of Bazari Synthetics Private Limited is U17110MH1998PTC113788 and the company number is 113788 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Bazari Synthetics Private Limited?

    According to the financial reports for the fiscal year 2017, the revenue trend for Bazari Synthetics Private Limited has fallen by -27.75%.

  • How many employees does Bazari Synthetics Private Limited currently have?

    As Per 2017 financial reports, 3 employees are currently employed by Bazari Synthetics Private Limited.

  • What change has been observed in the net worth of Bazari Synthetics Private Limited, and by what percentage?

    The financial reports for the fiscal year 2017 indicates that The net worth of Bazari Synthetics Private Limited has experienced an upsurge of 8.42%.

  • When was the last Balance Sheet of Bazari Synthetics Private Limited filed with the ROC?

    The most recent Balance Sheet for Bazari Synthetics Private Limited was filed with the ROC on 31 Mar 2024.

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