Bhimraj Syntex Private Limited

Textile manufacturer specializing in knitted fabrics for various industries and exporting cotton yarns globally.

1986 | Mumbai, Maharashtra (India) | Active
Last Updated: July 29, 2024

Bhimraj Syntex Profile

Key Indicators

  • Authorised Capital ₹ 7.00 M
  • Paid Up Capital ₹ 6.18 M
  • Company Age 38 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.51 Cr
  • Satisfied Charges ₹ 13.68 Cr
  • Revenue Growth 90.48%
  • Profit Growth 176.64%
  • Ebitda -18.87%
  • Net Worth 1.05%
  • Total Assets 17.02%

About Bhimraj Syntex

Bhimraj Syntex Private Limited (BSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 July 1986 and has a history of 38 years and seven months. 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 2023. It's a company limited by shares with an authorized capital of Rs 7.00 M and a paid-up capital of Rs 6.18 M.

The company currently has active open charges totaling ₹6.51 Cr. The company has closed loans amounting to ₹13.68 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ravi Saraf, Nareshkumar Saraf, and Vinodkumar Saraf 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

    U17120MH1986PTC040290

  • Company No.

    040290

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Jul 1986

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Bhimraj Syntex Private Limited offer?

Bhimraj Syntex Private Limited offers a wide range of products and services, including Apparel Fabrics & Clothing Textiles, Stretch Fabric, Cotton Textile, Polyester Textile, Home Decor Fabric, Home Decor & Furnishing Fabrics, Apparel & Clothing Fabric, Sportswear Fabric, Polyester Knitted Fabric, Matty Fabric.

Who are the key members and board of directors at Bhimraj Syntex?

Board Members (3)

Name Designation Appointment Date Status
Ravi Saraf Country flag representing In Director 16-Mar-1992 Current
Nareshkumar Saraf Country flag representing In Director 05-Oct-2005 Current
Vinodkumar Saraf Country flag representing In Director 10-Dec-2004 Current

Financial Performance of Bhimraj Syntex.

Bhimraj Syntex Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 90.48% increase. The company also saw a substantial improvement in profitability, with a 176.64% increase in profit. The company's net worth moved up by a moderate rise of 1.05%.

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
90.48%
Revenue from Operations
90.72%
Total Assets
17.02%
Profit or Loss
176.64%
Net Worth
1.05%
EBITDA
-18.87%

What is the Ownership and Shareholding Structure of Bhimraj Syntex?

In 2023, Bhimraj Syntex 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

₹65.05 M

Satisfied Charges

₹136.82 M

Charges Breakdown by Lending Institutions

  • Others : 6.32 Cr
  • The Zoroastrian Co-Operative Bank Limited : 0.19 Cr

Latest Charge Details

Date Lender Amount Status
08 Jan 2024 The Zoroastrian Co-Operative Bank Limited ₹1.90 M Open
25 Aug 2000 Others ₹6.32 Cr Open
05 Oct 2010 Canara Bank ₹1.00 M Satisfied
18 Feb 2010 Canara Bank ₹7.19 Cr Satisfied
29 Sep 2009 Canara Bank ₹1.02 Cr Satisfied

How Many Employees Work at Bhimraj Syntex?

Bhimraj Syntex has a workforce of 9 employees as of Apr 05, 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 Bhimraj 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 Bhimraj Syntex'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 Bhimraj Syntex

Recent activity within the organization

  • Charges

    A charge with The Zoroastrian Co-Operative Bank Limited amounted to Rs. 1.90 M with Charge ID 100852591 was registered on 08 Jan 2024.

    08 Jan 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Bhimraj Syntex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 63.15 M registered on 25 Aug 2000 with Charge ID 90214811 was modified on 07 Mar 2022.

    07 Mar 2022

  • Charges

    A charge registered on 18 Feb 2010 via Charge ID 10212171 with Canara Bank was fully satisfied on 24 Aug 2015.

    24 Aug 2015

  • Charges

    A charge registered on 05 Oct 2010 via Charge ID 10256083 with Canara Bank was fully satisfied on 17 Aug 2015.

    17 Aug 2015

Frequently asked questions

  • Bhimraj Syntex Private Limited was incorporated on 02 Jul 1986.

  • The authorized share capital of Bhimraj Syntex Private Limited is ₹ 7.00 M and paid-up capital is ₹ 6.18 M.

  • Currently 3 directors are associated with Bhimraj Syntex Private Limited.

    • Ravi Nareshkumar Saraf
    • Nareshkumar Bhimraj Saraf
    • Vinodkumar Bajranglal Saraf
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bhimraj Syntex Private Limited is Room No B 1St Floorswadeshi Mkt 316 Kalbadevi Rd, Mumbai, Maharashtra, India, 400002.

  • The corporate identification number (CIN) of Bhimraj Syntex Private Limited is U17120MH1986PTC040290 and the company number is 040290 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bhimraj Syntex Private Limited is https://www.bhimraj.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bhimraj Syntex Private Limited has risen by 90.48%.

  • As Per 2023 financial reports, 9 employees are currently employed by Bhimraj Syntex Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bhimraj Syntex Private Limited has experienced an upsurge of 1.05%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bhimraj Syntex Private Limited amount to ₹ 6.51 Cr.

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