Best Textiles Limited.

Manufacturer and exporter of high-quality cotton and polyester yarn, home furnishing products, and Indian raw cotton.

1996 | South Delhi, Delhi (India) | Under Liquidation
Last Updated: April 25, 2024

Best Textiles Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 9.85 Cr
  • Company Age 28 Year, 5 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 244.80 Cr
  • Satisfied Charges ₹ 3.48 Cr
  • Revenue Growth -71.25%
  • Profit Growth -25.09%
  • Ebitda -11.48%
  • Net Worth -1286.93%
  • Total Assets -11.49%

About Best Textiles

Best Textiles Limited. (BTL) is Under Liquidation company established on 05 Aug 1996 with its office registered at South Delhi, Delhi, India and has been running since 28 Year, 5 Months with a paid up capital of 9.85 Cr. According to MCA records, 3 Directors are linked to this company as of 25 Apr 2024.

Company Details

  • Location

    South Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51390DL1996PLC157651

  • Company No.

    157651

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Aug 1996

  • Date of AGM

    29 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Manufacturing

What products or services does Best Textiles Limited. offer?

Best Textiles Limited. offers a wide range of products and services, including Blankets & Quilts, Woollen Blanket, Blankets, Yarns & Threads, Yarn, Cotton Textile, Cotton Fabric, Polyester Yarn, Draw Textured Yarn, Apparel & Textile Machinery.

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

Executive Team (1)

Name Designation Appointment Date Status
Sanjeev Dhawan Country flag representing In Managing Director 05-Aug-1996 Current

Board Members (2)

Name Designation Appointment Date Status
Ashok Rawat Country flag representing In Director 14-Sep-2007 Current
Rajvir Kushwaha Country flag representing In Director 20-Nov-2015 Current

Financial Performance of Best Textiles.

Best Textiles Limited., for the financial year ended 2017, experienced significant reduction in revenue, with a 71.25% decrease. The company also saw a substantial fall in profitability, with a 25.09% decrease in profit. The company's net worth observed a substantial decline by a decrease of 1286.93%.

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
-71.25%
Revenue from Operations
-71.24%
Total Assets
-11.49%
Profit or Loss
-25.09%
Net Worth
-1286.93%
EBITDA
-11.48%

What is the Ownership and Shareholding Structure of Best Textiles?

In 2018, Best Textiles had a promoter holding of 82.59% and a public holding of 17.41%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹244.80 Cr

Satisfied Charges

₹3.48 Cr

Charges Breakdown by Lending Institutions

  • Oriental Bank Of Commerce : 244.80 Cr

Latest Charge Details

Date Lender Amount Status
24 Jun 2014 Oriental Bank Of Commerce ₹20.00 Cr Open
28 Feb 2013 Oriental Bank Of Commerce ₹2.00 Cr Open
30 Jun 2011 Oriental Bank Of Commerce ₹1.00 Cr Open
05 Sep 2009 Oriental Bank Of Commerce ₹8.00 M Open
13 Aug 2007 Oriental Bank Of Commerce ₹1.00 M Open

How Many Employees Work at Best Textiles?

Best Textiles has a workforce of 10 employees as of Mar 26, 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 Textiles, 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 Textiles'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 Textiles

Recent activity within the organization

  • Annual General Meeting

    Best Textiles Limited. last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.

    29 Sep 2018

  • Balance Sheet

    Best Textiles Limited. has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Delhi.

    31 Mar 2018

  • Director Appointment

    Rajvir Singh Kushwaha was appointed as a Director was appointed as a Director on 20 Nov 2015 & has been associated with this company since 9 years 2 months .

    20 Nov 2015

  • Charges

    A charge with Oriental Bank Of Commerce amounted to Rs. 20.00 Cr with Charge ID 10510029 was registered on 24 Jun 2014.

    24 Jun 2014

  • Charges

    A charge with Oriental Bank Of Commerce of Rs. 220.00 Cr registered on 02 Jul 2007 with Charge ID 10058975 was modified on 31 Mar 2014.

    31 Mar 2014

  • Charges

    A charge registered on 25 Oct 2008 via Charge ID 10133322 with Oriental Bank Of Commerce was fully satisfied on 11 Nov 2013.

    11 Nov 2013

Frequently asked questions

  • Best Textiles Limited. was incorporated on 05 Aug 1996.

  • The authorized share capital of Best Textiles Limited. is ₹ 15.00 Cr and paid-up capital is ₹ 9.85 Cr.

  • Currently 3 directors are associated with Best Textiles Limited..

    • Rajvir Singh Kushwaha
    • Ashok Rawat
    • Sanjeev Dhawan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Best Textiles Limited. is B-85Okhla Industrial Area, Phase - Ii, New Delhi, India, 110020.

  • The corporate identification number (CIN) of Best Textiles Limited. is U51390DL1996PLC157651 and the company number is 157651 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Best Textiles Limited. is https://www.besttextiles.in

  • According to the financial reports for the fiscal year 2017, the revenue trend for Best Textiles Limited. has fallen by -71.25%.

  • As Per 2017 financial reports, 10 employees are currently employed by Best Textiles Limited..

  • The financial reports for the fiscal year 2017 indicates that The net worth of Best Textiles Limited. has experienced an downturn of -1286.93%.

  • As per the financial statements for fiscal Year 2017, The total open charges for Best Textiles Limited. amount to ₹ 244.80 Cr.

  • The most recent Balance Sheet for Best Textiles Limited. was filed with the ROC on 31 Mar 2018.

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