Banaras Glass Beads Private Limited

Banaras Glass Beads Private Limited - home & lifestyle in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U51101DL1990PTC339668 Incorporated 29 October 1990 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company home and lifestyle MSME · Micro
Data last updated
Revenue · FY 2025
₹28.66 Lakh
▼ 69% YoY
Net profit · FY 2025
₹6.31 Lakh
Net margin 22%
EBITDA · FY 2025
₹8.6 Lakh
EBITDA margin 30%
Authorised capital
₹4.26 Cr
Registered with MCA
Paid-up capital
₹2.8 Cr
Issued & subscribed
Company age
36 yrs
Est. 1990
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered

About Banaras Glass Beads Private Limited

Data last updated:

Banaras Glass Beads Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the handicrafts and artisan products manufacturing segment of the home and lifestyle products sector. It was incorporated on 29 October 1990 and has been in existence for over 36 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51101DL1990PTC339668. Its GSTIN is 09AAACG9279Q1ZM (Uttar Pradesh).

The company has an authorised share capital of ₹4.26 Cr and a paid-up capital of ₹2.8 Cr. It was formerly known as G M Rangrej Ltd and G M Rangrej Ltd. It is led by directors including Mohit Gupta and Adarsh Kumar Mullick.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C – 144 Between C – 143 To C – 132 East Of Kailash, New Delhi, Delhi, India – 110065.

As per the financials filed for FY 2025, the company reported a revenue of ₹28.66 Lakh, a decline of 69% compared to the previous year. For the same year it recorded a net profit of ₹6.31 Lakh (net margin 22%) and EBITDA of ₹8.6 Lakh (EBITDA margin 30%). Revenue has declined at a compounded annual rate (CAGR) of 59% over three years and 23% over five years.

Court records list 9 cases involving the company, including 7 filed by the company and 2 filed against it; 4 cases are pending.

Banaras Glass Beads Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-75-0009442). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website banarasbead.com.

Company details

CIN U51101DL1990PTC339668
Registration Number 339668
Incorporation Date 29 October 1990
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-UP-75-0009442

Name history

Banaras Glass Beads has undergone 4 name changes throughout its history. The current legal name is Banaras Glass Beads Private Limited.

Company NameStatus
Banaras Glass Beads Private LimitedCurrent
G M Rangrej LtdPrevious
G M Rangrej LtdPrevious
Banaras Glass Beads LimitedPrevious
G M Rangrej Pvt LtdPrevious

CIN history

Banaras Glass Beads has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U51101DL1990PTC339668, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U51101DL1990PTC339668Current
U51101WB1990PLC050085Previous
U51101DL1990PLC339668Previous
Key People
Mohit Gupta Director Adarsh Kumar Mullick Director Siddharth Gupta Director

Recognitions & Rankings of Banaras Glass Beads

MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-UP-75-0009442

Contact details

Banaras Glass Beads Private Limited's registered office is in New Delhi, Delhi. Its website is banarasbead.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    banarasbead.com
  • Registered Address
    C – 144 Between C – 143 To C – 132 East Of Kailash, New Delhi, Delhi, India – 110065
  • Industry
    Home & Lifestyle, Handicrafts & Artisan Products Manufacturing

To see the full contact details of Banaras Glass Beads Private Limited, buy the company report.

Comprehensive company report
Banaras Glass Beads Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Banaras Glass Beads is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC3Wood and wood products, furniture, paper and paper products

Financials of Banaras Glass Beads Private Limited

FY 2025 filings available

Banaras Glass Beads Private Limited reported revenue of ₹28.66 Lakh (down 69% YoY) for FY 2025.

Revenue · FY 2025
₹28.66 Lakh ▼ 69%
Net profit · FY 2025
₹6.31 Lakh margin 22%
EBITDA · FY 2025
₹8.6 Lakh margin 30%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 69%
3 years · compounded
▼ 59%
5 years · compounded
▼ 23%
EBITDA CAGR growth
1 year
▼ 90%
3 years · compounded
▼ 72%
5 years · compounded
▼ 38%

Revenue has declined at a compounded annual rate (CAGR) of 23% over five years, including a 69% fall in the latest year. EBITDA fell 90% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹8.6 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹6.31 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin30%
Net Profit Margin22%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Banaras Glass Beads Private Limited, buy the company report.

Board of directors of Banaras Glass Beads Private Limited

Banaras Glass Beads has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Mohit GuptaDirector15 Dec 200718 Years 10 MonthsCurrent
Adarsh Kumar Mullick
Also directs: Swastik Banaras Beads LLP, Banaras Beads Exports Private Limited
Director29 Dec 20232 Years 10 MonthsCurrent
Siddharth Gupta
Also directs: Swastik Banaras Beads LLP, Sanwaria Trade-Link LLP, BBL Banaras Beads LLP and 2 more
Director05 Apr 200422 Years 7 MonthsCurrent
View all directors

Auditor

Banaras Glass Beads Private Limited is audited by Singh Bajpai & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Singh Bajpai & AssociatesFY 2023071413

Shareholding

The shareholding of Banaras Glass Beads Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Banaras Glass Beads Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Banaras Glass Beads Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Banaras Glass Beads has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Associated companies

GST

Banaras Glass Beads has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
09AAACG9279Q1ZMUttar PradeshActive01 Jul 2017

To see the full GST registrations and return filing status of Banaras Glass Beads Private Limited, buy the company report.

Recent activity

Banaras Glass Beads Private Limited has 8 board changes on record since 2004: 3 appointments and 5 cessations. The latest: Adarsh Kumar Mullick was appointed as Director on 29 Dec 2023.

AGM
Banaras Glass Beads Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Banaras Glass Beads Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Appointed
Adarsh Kumar Mullick was appointed as Director.
Ceased
Kailash Gupta ceased to be Director.
Ceased
Ganesh Prasad Mehrotra ceased to be Director.
Ceased
Yogesh Gupta ceased to be Director.
Ceased
Gopal Lal Mehrotra ceased to be Director.
Ceased
Mohit Gupta ceased to be Additional Director.
Appointed
Mohit Gupta was appointed as Director.
Appointed
Siddharth Gupta was appointed as Director.
Incorporation
29 Oct 1990
Banaras Glass Beads Private Limited was registered on 29 Oct 1990 with Roc Delhi & aged 36 years 11 days as per MCA records.

News

Banaras Beads bags export orders worth USD 1 mn
27 Jul 2019 · Business Standard

Frequently asked questions

Banaras Glass Beads is an active private limited company based in New Delhi, Delhi, India. The company works in handicrafts and artisan products manufacturing, within the home and lifestyle industry. It was incorporated on 29 October 1990 (36+ years old) and is registered under CIN U51101DL1990PTC339668.

Banaras Glass Beads has 3 current directors:

The latest financial statements of Banaras Glass Beads on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Banaras Glass Beads is 09AAACG9279Q1ZM, registered in Uttar Pradesh.

The CIN (Corporate Identification Number) of Banaras Glass Beads is U51101DL1990PTC339668. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Banaras Glass Beads has 9 court cases on record: 7 filed by the company and 2 filed against it. 4 are pending. Most are in the high courts.

Banaras Glass Beads was incorporated on 29 October 1990, making it 36+ years old. It is registered with the Registrar of Companies, Delhi.

Adarsh Kumar Mullick was appointed as Director on 29 Dec 2023. Kailash Gupta ceased to be Director on 07 Dec 2023. Ganesh Prasad Mehrotra ceased to be Director on 20 Dec 2017. Banaras Glass Beads has 8 board changes on record in total.

Yes, Banaras Glass Beads is registered as a micro enterprise under Udyam registration (number: UDYAM-UP-75-0009442).

Banaras Glass Beads can be reached through the website banarasbead.com. Its registered office is in New Delhi, Delhi, India.