Borana Weaves Limited

Textile manufacturing and trading company based in Surat, Gujarat.

2020 | Surat, Gujarat (India) | Active
Last Updated:

Borana Weaves Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 19.94 Cr
  • Company Age 4 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 96.90 Cr
  • Revenue Growth 219.94%
  • Profit Growth 796.23%
  • Ebitda 216.63%
  • Net Worth 1217.50%
  • Total Assets 133.06%

About Borana Weaves

Borana Weaves Limited (BWL) is a Public Limited Indian Non-Government Company incorporated in India on 28 October 2020 (Four years and six months 25 days old ). Its registered office is in Surat, Gujarat, India.

The Company is engaged in the Appreal & Fashion 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 30.00 Cr and a paid-up capital of Rs 19.94 Cr.

The company currently has active open charges totaling ₹96.90 Cr.

The Key Managerial Personnel (KMP) at Borana Weaves Limited India are Ankur Borana as Ceo, Seema Luniya as Company Secretary, and Rajkumar Borana as Cfo. Kanav Sunder, Ankur Borana, Rajkumar Borana, and Three other members serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17299GJ2020PLC117745

  • Company No.

    117745

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Oct 2020

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Appreal & Fashion
Company report

Borana Weaves Limited

Explore comprehensive data for Borana Weaves Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Borana Weaves?

Executive Team (4)

NameDesignationAppointment DateStatus
Mangilal Borana Country flag representing In Managing Director14-Jun-2021Current
Ankur Borana CEO03-Oct-2024Current
Seema Luniya Company Secretary03-Oct-2024Current
Rajkumar Borana CFO03-Oct-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Kanav Sunder Country flag representing In Director 17-Jul-2024Current
Ankur Borana Country flag representing In Director 17-Nov-2022Current
Rajkumar Borana Country flag representing In Director 17-Nov-2022Current
Arvind Rathi Country flag representing In Director 17-Jul-2024Current
Nitika Soni Country flag representing In Director 17-Jul-2024Current

Financial Performance of Borana Weaves.

Borana Weaves Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 219.94% increase. The company also saw a substantial improvement in profitability, with a 796.23% increase in profit. The company's net worth Soared by an impressive increase of 1217.5%.

Borana Weaves revenue growth over time
Borana Weaves 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
219.94%
Revenue from Operations
219.84%
Total Assets
133.06%
Profit or Loss
796.23%
Net Worth
1217.50%
EBITDA
216.63%

What is the Ownership and Shareholding Structure of Borana Weaves?

In 2023, Borana Weaves had a promoter holding of 43.98% and a public holding of 56.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹96.90 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 47.87 Cr
  • The Sutex Co-Operative Bank Ltd. : 30.03 Cr
  • Others : 19.00 Cr

Latest Charge Details

DateLenderAmountStatus
01 Mar 2024Hdfc Bank Limited₹9.82 CrOpen
16 Nov 2023Hdfc Bank Limited₹38.05 CrOpen
21 Jul 2022Others₹7.00 CrOpen
21 Jul 2022Others₹12.00 CrOpen
30 Jul 2021The Sutex Co-Operative Bank Ltd.₹15.50 CrOpen

How Many Employees Work at Borana Weaves?

Borana Weaves has a workforce of 51 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 Borana Weaves Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Borana Weaves, 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 Borana Weaves'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 Borana Weaves

Recent activity within the organization

  • Director Appointment

    Ankur Mangilal Borana was appointed as a Ceo was appointed as a Ceo on 03 Oct 2024 & has been associated with this company since 7 months 19 days .

  • Director Appointment

    Seema Manish Luniya was appointed as a Company Secretary was appointed as a Company Secretary on 03 Oct 2024 & has been associated with this company since 7 months 19 days .

  • Director Appointment

    Rajkumar Mangilal Borana was appointed as a Cfo was appointed as a Cfo on 03 Oct 2024 & has been associated with this company since 7 months 19 days .

  • Annual General Meeting

    Borana Weaves Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Director Appointment

    Kanav Sham Arora Sunder was appointed as a Director was appointed as a Director on 17 Jul 2024 & has been associated with this company since 10 months 5 days .

  • Director Appointment

    Arvind Kumar Rathi was appointed as a Director was appointed as a Director on 17 Jul 2024 & has been associated with this company since 10 months 5 days .

Frequently asked questions

  • What is the Incorporation or founding date of Borana Weaves Limited?

    Borana Weaves Limited was incorporated on 28 Oct 2020.

  • What is authorized share capital and paid-up capital of Borana Weaves Limited?

    The authorized share capital of Borana Weaves Limited is ₹ 30.00 Cr and paid-up capital is ₹ 19.94 Cr.

  • Who are the current board members & directors of Borana Weaves Limited?

    Currently 9 directors are associated with Borana Weaves Limited.

    • Kanav Sham Arora Sunder
    • Ankur Mangilal Borana
    • Rajkumar Mangilal Borana
    • Mangilal Ambalal Borana
    • Arvind Kumar Rathi
    • Nitika Abhishek Soni
    • Ankur Mangilal Borana
    • Seema Manish Luniya
    • Rajkumar Mangilal Borana

  • What is the registered address of Borana Weaves Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Borana Weaves Limited is Plot No Aa/34 B 16/16 Hojiwala Ind. Estate Susml Sachin, India, Surat, Gujarat, 394230.

  • What is the corporate identification number (CIN) and company number of Borana Weaves Limited?

    The corporate identification number (CIN) of Borana Weaves Limited is U17299GJ2020PLC117745 and the company number is 117745 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Borana Weaves Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Borana Weaves Limited has risen by 219.94%.

  • How many employees does Borana Weaves Limited currently have?

    As Per 2023 financial reports, 51 employees are currently employed by Borana Weaves Limited.

  • What change has been observed in the net worth of Borana Weaves Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Borana Weaves Limited has experienced an upsurge of 1217.50%.

  • What are the total open charges for Borana Weaves Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Borana Weaves Limited amount to ₹ 96.90 Cr.

  • When was the last Balance Sheet of Borana Weaves Limited filed with the ROC?

    The most recent Balance Sheet for Borana Weaves Limited was filed with the ROC on 31 Mar 2024.

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