What is the Incorporation or founding date of Garware Bestretch Limited?

Garware Bestretch Limited was incorporated on 12 Oct 1994.

What is authorized share capital and paid-up capital of Garware Bestretch Limited?

The authorized share capital of Garware Bestretch Limited is ₹ 170000000.0 and paid-up capital is ₹ 56144984.0.

Who are the current board members & directors of Garware Bestretch Limited?

Currently 6 directors are associated with Garware Bestretch Limited. Chhaya Manoj Palrecha, Diya Garware Ibanez And 4 More.

What is the registered address of Garware Bestretch Limited?

As per Ministry of Corporate Affairs (Mca), the registered address of Garware Bestretch Limited is 2-A(3) Maker Bhavan Ii Plot No. 18 New Marine Lines Cs 1433, Division - Fort India, Mumbai, Maharashtra, 400020.

What is the corporate identification number (CIN) and company number of Garware Bestretch Limited?

The corporate identification number (CIN) of Garware Bestretch Limited is U24130MH1994PLC142451 and the company number is 142451 as per Ministry of Corporate Affairs (MCA).

What is the official website of Garware Bestretch Limited?

The Official website of Garware Bestretch Limited is https://www.garwarebeil.com .

What has been the recent revenue trend for Garware Bestretch Limited?

According to the financial reports for the fiscal year 2020, the revenue trend for Garware Bestretch Limited has risen by 1.54%.

How many employees does Garware Bestretch Limited currently have?

As Per 2020 financial reports, 140 employees are currently employed by Garware Bestretch Limited.

What change has been observed in the net worth of Garware Bestretch Limited, and by what percentage?

The financial reports for the fiscal year 2020 indicates that The net worth of Garware Bestretch Limited has experienced an downturn of -21.16%.

When was the last Balance Sheet of Garware Bestretch Limited filed with the ROC?

The most recent Balance Sheet for Garware Bestretch Limited was filed with the ROC on 31 Mar 2020.

Garware Bestretch Limited | Company Details

Garware Bestretch Profile

Key Indicators

Authorised Capital ₹ 17.00 Cr as on 17-01-2025
Paid Up Capital ₹ 5.61 Cr as on 17-01-2025
Company Age 30 Year, 3 Months
Last Filing with ROC 31 Mar 2020
Satisfied Charges ₹ 129.95 Cr as on 17-01-2025
Revenue Growth 1.54% (FY 2020)
Profit Growth -5.73% (FY 2020)
Ebitda -12.14% (FY 2020)
Net Worth -21.16% (FY 2020)
Total Assets -6.25% (FY 2020)

About Garware Bestretch

Garware Bestretch Limited (GBL) is Amalgamated company established on 12 Oct 1994 with its office registered at Mumbai, Maharashtra, India and has been running since 30 Year, 3 Months with a paid up capital of 5.61 Cr. According to MCA records, 5 Directors and 1 Signatories are linked to this company as of 17 Jan 2025.

Company Details

Location

Mumbai, Maharashtra, India
Telephone
+91-XXXXXXXXXX
Email Address
Website

garwarebeil.com
Social Media

Corporate Identity Details

CIN/LLPIN
U24130MH1994PLC142451
Company No.
142451
Company Classification
Public Limited Indian Non-Government Company
Incorporation Date
12 Oct 1994
Date of AGM
21 Sep 2020
Date of Balance Sheet
31 Mar 2020
Listing Status
Unlisted
ROC Code
Roc Mumbai

Industry

Manufacturing

What products or services does Garware Bestretch Limited offer?

Garware Bestretch Limited offers a wide range of products and services, including Exercise & Fitness Equipment, Exercise Bands, Bandages & Dressing Disposables, Bandages, Rubber Sheets, Silicone Rubber Sheets, Latex Free Exercise Band.

Who are the key members and board of directors at Garware Bestretch?

Executive Team (2)

Name	Designation	Appointment Date	Status
Diya Ibanez	Managing Director	04-Oct-2004	Current
Nandan Shah	Company Secretary	20-Apr-2018	Current

Board Members (4)

Name	Designation	Appointment Date	Status
Sudhir Pitre	Whole-Time Director	04-Nov-2013	Current
Praveen Kadle	Director	21-Sep-2019	Current
Shreechandra Raykar	Director	16-Jun-2018	Current
Chhaya Palrecha	Director	01-Sep-2015	Current

Financial Performance of Garware Bestretch.

Garware Bestretch Limited, for the financial year ended 2020, experienced modest growth in revenue, with a 1.54% increase. The company also saw a slight decrease in profitability, with a 5.73% decrease in profit. The company's net worth observed a substantial decline by a decrease of 21.16%.

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

1.54%

Revenue from Operations

0.11%

Total Assets

-6.25%

Profit or Loss

-5.73%

Net Worth

-21.16%

EBITDA

-12.14%

What is the Ownership and Shareholding Structure of Garware Bestretch?

In 2020, Garware Bestretch had a promoter holding of 99.68% and a public holding of 0.33%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹129.95 Cr

Charges Breakdown by Lending Institutions

Others : 75.92 Cr
Export-Import Bank Of India : 26.15 Cr
Bank Of India Midcorp Branch Lead Bank : 15.00 Cr
Bank Of India : 7.15 Cr
Uti Bank Limited : 2.87 Cr
Others : 2.86 Cr

Latest Charge Details

Date	Lender	Amount	Status
30 Jun 2016	Others	₹2.08 M	Satisfied
13 Apr 2016	Others	₹0.84 M	Satisfied
14 Mar 2016	Others	₹6.30 M	Satisfied
16 Sep 2004	Others	₹75.00 Cr	Satisfied
30 Dec 2003	Export-Import Bank Of India	₹7.70 Cr	Satisfied

How Many Employees Work at Garware Bestretch?

Garware Bestretch has a workforce of 140 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.

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Garware Bestretch, 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 Garware Bestretch's trajectory.

Rating

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

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.

Garware Bestretch Limited