- Category
- Micro (2022-23)
- Udyam number
- UDYAM-MH-19-0166254

Banswara Brands Private Limited
About Banswara Brands Private Limited
Data last updated:
Banswara Brands Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the online apparel retail segment of the e-commerce sector. It was incorporated on 23 August 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17299MH2022PTC389094. Its GSTIN is 27AALCB0166G1ZR (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹7.5 Cr. It is led by directors including Rakesh Mehra and Shaleen Toshniwal.
Its last annual general meeting (AGM) was held on 29 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹97.03 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2.6 Cr (net margin -267.9%) and EBITDA of -₹1.92 Cr (EBITDA margin -197.4%).
Banswara Brands Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0166254). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Banswara Brands
Contact details
Banswara Brands Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address53 Floor – 5 Plot – 199 Gopal Bhavan Shamaldas Gandhi Marg Chira Bazar Kalb, Adevi, Mumbai, Maharashtra, India – 400002
- IndustryE-Commerce, Online Apparel Retail
To see the full contact details of Banswara Brands 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 Banswara Brands is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Banswara Brands Private Limited, buy the company report.
Financials of Banswara Brands Private Limited
FY 2025 filings availableBanswara Brands Private Limited reported revenue of ₹97.03 Lakh (up 229% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 229% in the latest year. EBITDA fell 6% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | -₹1.92 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹2.6 Cr | ||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -197.4% | ||
| Net Profit Margin | -267.9% | ||
| 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 Banswara Brands Private Limited, buy the company report.
Board of directors of Banswara Brands Private Limited
Banswara Brands has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Mehra Also directs: Banswara Syntex Ltd, Confederation of Indian Textile Industry, Tesca Textiles & Seat Components (India) Private Limited and 3 more | Director | 03 Nov 2023 | 2 Years 11 Months | Current |
| Rahul Mehta Narendra | Additional Director | 04 Aug 2025 | 1 Years 2 Months | Current |
| Shaleen Toshniwal Also directs: Banswara Syntex Ltd, Speedshore Trading Company Private Limited, Bharat Tex Trade Federation and 1 more | Director | 23 Aug 2022 | 4 Years 2 Months | Current |
Peer comparison
Banswara Brands Private Limited is compared with the 4 companies closest to it by revenue in the Ecommerce and Internet industry (Apparel), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Apace Apparels and Equipments Private Limited | ₹99.14 Lakh (FY 2025) | -25.0% | Pune, Maharashtra, India | |||
| Toyzrin Apparels Private Limited | ₹98.22 Lakh (FY 2022) | 45.0% | Kolkata, West Bengal, India | |||
| Ars Conscious Collective Private Limited | ₹97.49 Lakh (FY 2025) | 23.0% | Mumbai, Maharashtra, India | |||
| Banswara Brands Private Limitedthis company | ₹97.03 Lakh (FY 2025) | -₹2.6 Cr | -267.9% | 229.0% | Mumbai, Maharashtra, India | |
| Adele Apparel Private Limited | ₹93.28 Lakh (FY 2025) | -34.0% | West Bengal, India |
To see the full peer comparison of Banswara Brands Private Limited, buy the company report.
Auditor
Banswara Brands Private Limited is audited by AAUM & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AAUM & CO. | FY 2023 | 152063W |
Shareholding
The shareholding of Banswara Brands Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Banswara Brands Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Banswara Brands 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 Banswara Brands Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Banswara Brands Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
GST
Banswara Brands has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALCB0166G1ZR | Maharashtra | Active | 03 Oct 2022 |
| 26AALCB0166G1ZT | Daman & Diu | Active | 10 Mar 2023 |
To see the full GST registrations and return filing status of Banswara Brands Private Limited, buy the company report.
Recent activity
Banswara Brands Private Limited has 5 board changes on record since 2022: 3 appointments and 2 cessations. The latest: Rahul Mehta Narendra was appointed as Additional Director on 04 Aug 2025.
Frequently asked questions
Banswara Brands is an active private limited company based in Mumbai, Maharashtra, India. The company works in online apparel retail, within the e-commerce industry. It was incorporated on 23 August 2022 (4+ years old) and is registered under CIN U17299MH2022PTC389094.
Banswara Brands has 3 current directors:
- Rakesh Mehra - Director
- Rahul Mehta Narendra - Additional Director
- Shaleen Toshniwal - Director
The latest financial statements of Banswara Brands on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 July 2025. Year-wise statements from FY 2023 are in the company report.
The GSTIN of Banswara Brands is 27AALCB0166G1ZR, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 26AALCB0166G1ZT (Daman & Diu).
The CIN (Corporate Identification Number) of Banswara Brands is U17299MH2022PTC389094. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Banswara Brands was incorporated on 23 August 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Banswara Brands by revenue are Apace Apparels and Equipments Private Limited, Toyzrin Apparels Private Limited, Ars Conscious Collective Private Limited, Adele Apparel Private Limited, all in the Ecommerce and Internet industry (Apparel), with the same principal business activity (retail trading).
Rahul Mehta Narendra was appointed as Additional Director on 04 Aug 2025. Rakesh Mehra ceased to be Additional Director on 02 Aug 2024. Nilesh Yogesh Mehra ceased to be Director on 31 Dec 2023. Banswara Brands has 5 board changes on record in total.
Yes, Banswara Brands is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0166254).
The registered office of Banswara Brands is at 53 Floor – 5 Plot – 199 Gopal Bhavan Shamaldas Gandhi Marg Chira Bazar Kalb, Adevi, Mumbai, Maharashtra, India – 400002.
Banswara Brands operates in the e-commerce industry, in the online apparel retail segment.

