Banaras Creations Private Limited
About Banaras Creations Private Limited
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Banaras Creations Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 20 June 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U17111WB2002PTC094777. Its GSTIN is 19AACCB0809P1ZG (West Bengal).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Rakesh Kumar Biyani and Lata Biyani.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 13 Shivtalla Street, Kolkata, West Bengal, India – 700007.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.05 Cr, a decline of 47% compared to the previous year. For the same year it recorded a net profit of ₹32,091 (net margin 0.3%) and EBITDA of ₹51,294 (EBITDA margin 0.5%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Banaras Creations Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address13 Shivtalla Street, Kolkata, West Bengal, India – 700007
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Banaras Creations Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Banaras Creations is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Banaras Creations Private Limited, buy the company report.
Financials of Banaras Creations Private Limited
FY 2019 filings availableBanaras Creations Private Limited reported revenue of ₹1.05 Cr (down 47% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 19% over three years, including a 47% fall in the latest year. EBITDA rose 126% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹51,294 | ||||
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| Net Profit (PAT) | ₹32,091 | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | 0.5% | ||||
| Net Profit Margin | 0.3% | ||||
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To see the full financial statements and ratios of Banaras Creations Private Limited, buy the company report.
Board of directors of Banaras Creations Private Limited
Banaras Creations has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Kumar Biyani | Director | 20 Jun 2006 | 20 Years 4 Months | Current |
| Lata Biyani | Director | 08 May 2017 | 9 Years 5 Months | Current |
Auditor
Banaras Creations Private Limited is audited by AGARWAL MAHESWARI & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGARWAL MAHESWARI & CO | FY 2017 | 314030E |
Shareholding
The shareholding of Banaras Creations Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Banaras Creations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Banaras Creations Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Banaras Creations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Banaras Creations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCB0809P1ZG | West Bengal | Active | 26 Jul 2017 |
To see the full GST registrations and return filing status of Banaras Creations Private Limited, buy the company report.
Recent activity
Banaras Creations Private Limited has 4 board changes on record since 2006: 2 appointments and 2 cessations. The latest: Ashu Biyani ceased to be Director on 08 May 2017.
Frequently asked questions
Banaras Creations is an active private limited company based in Kolkata, West Bengal, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 20 June 2002 (24+ years old) and is registered under CIN U17111WB2002PTC094777.
Banaras Creations has 2 current directors:
- Rakesh Kumar Biyani - Director
- Lata Biyani - Director
The latest financial statements of Banaras Creations on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Banaras Creations is 19AACCB0809P1ZG, registered in West Bengal.
The CIN (Corporate Identification Number) of Banaras Creations is U17111WB2002PTC094777. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Banaras Creations was incorporated on 20 June 2002, making it 24+ years old. It is registered with the Registrar of Companies, Kolkata.
Ashu Biyani ceased to be Director on 08 May 2017. Lata Biyani was appointed as Director on 08 May 2017. Rajendra Kumar Biyani ceased to be Director on 14 Jan 2010. Banaras Creations has 4 board changes on record in total.
The registered office of Banaras Creations is at 13 Shivtalla Street, Kolkata, West Bengal, India – 700007.
Banaras Creations operates in the manufacturing industry, in the textile and fabric production segment.
The compliance status of Banaras Creations is compliant as of 05 August 2026. The company is actively filing with the Registrar of Companies.
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