Best Sellers Apparels Private Limited

Founded in 2005 and headquartered in Karnataka, India.

2005 | Udupi, Karnataka (India) | Active
Last Updated: November 16, 2024

Best Sellers Apparels Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 19 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 43.07 Cr
  • Satisfied Charges ₹ 110.56 Cr
  • Revenue Growth 49.16%
  • Profit Growth 112.21%
  • Ebitda 43.72%
  • Net Worth 14.22%
  • Total Assets -14.75%

About Best Sellers Apparels

Best Sellers Apparels Private Limited (BSAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 July 2005 and has a history of 19 years and six months. Its registered office is in Udupi, Karnataka, India.

The Corporate was formerly known as Best Sellers Apparels Private Limited Part Ix. The Company is engaged in the Fashion And Textile 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 2.50 M and a paid-up capital of Rs 2.00 M.

The company currently has active open charges totaling ₹43.07 Cr. The company has closed loans amounting to ₹110.56 Cr, as per Ministry of Corporate Affairs (MCA) records.

Tonse Pai, Tonse Gayathri, and Deepali Sachin serve as directors at the Company.

Company Details

  • Location

    Udupi, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18100KA2005PTC127105

  • Company No.

    127105

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Jul 2005

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Fashion and Textile

Who are the key members and board of directors at Best Sellers Apparels?

Executive Team (1)

Name Designation Appointment Date Status
Tonse Pai Country flag representing In Managing Director 19-Jul-2005 Current

Board Members (2)

Name Designation Appointment Date Status
Tonse Gayathri Country flag representing In Director 20-Jan-2007 Current
Deepali Sachin Country flag representing In Whole-Time Director 01-Apr-2012 Current

Financial Performance of Best Sellers Apparels.

Best Sellers Apparels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 49.16% increase. The company also saw a substantial improvement in profitability, with a 112.21% increase in profit. The company's net worth Soared by an impressive increase of 14.22%.

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
49.16%
Revenue from Operations
49.18%
Total Assets
-14.75%
Profit or Loss
112.21%
Net Worth
14.22%
EBITDA
43.72%

What is the Ownership and Shareholding Structure of Best Sellers Apparels?

In 2023, Best Sellers Apparels 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

₹430.75 M

Satisfied Charges

₹1,105.65 M

Charges Breakdown by Lending Institutions

  • Others : 43.07 Cr

Latest Charge Details

Date Lender Amount Status
21 Nov 2023 Others ₹1.25 Cr Open
20 Jan 2023 Others ₹5.22 Cr Open
21 Mar 2022 Others ₹2.97 Cr Open
27 Aug 2020 Others ₹33.64 Cr Open
08 Dec 2020 Others ₹7.14 Cr Satisfied

How Many Employees Work at Best Sellers Apparels?

Best Sellers Apparels has a workforce of 847 employees as of Mar 27, 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 Best Sellers Apparels, 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 Best Sellers Apparels'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 Best Sellers Apparels

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Best Sellers Apparels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 12.50 M with Charge ID 100817076 was registered on 21 Nov 2023.

    21 Nov 2023

  • Charges

    A charge registered on 08 Dec 2020 via Charge ID 100403837 with Others was fully satisfied on 27 Mar 2023.

    27 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 52.20 M with Charge ID 100692935 was registered on 20 Jan 2023.

    20 Jan 2023

  • Charges

    A charge with Others amounted to Rs. 29.65 M with Charge ID 100556569 was registered on 21 Mar 2022.

    21 Mar 2022

Frequently asked questions

  • Best Sellers Apparels Private Limited was incorporated on 19 Jul 2005.

  • The authorized share capital of Best Sellers Apparels Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.00 M.

  • Currently 3 directors are associated with Best Sellers Apparels Private Limited.

    • Tonse Sachin Pai
    • Tonse Pai Gayathri
    • Deepali Pai Sachin
  • As per Ministry of Corporate Affairs (Mca), the registered address of Best Sellers Apparels Private Limited is 16/334, Bajal Street India, Manipal, Karnataka, 576104.

  • The corporate identification number (CIN) of Best Sellers Apparels Private Limited is U18100KA2005PTC127105 and the company number is 127105 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Best Sellers Apparels Private Limited is https://www.bestmpl.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Best Sellers Apparels Private Limited has risen by 49.16%.

  • As Per 2023 financial reports, 847 employees are currently employed by Best Sellers Apparels Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Best Sellers Apparels Private Limited has experienced an upsurge of 14.22%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Best Sellers Apparels Private Limited amount to ₹ 43.07 Cr.

  • The most recent Balance Sheet for Best Sellers Apparels Private Limited was filed with the ROC on 31 Mar 2024.