Basant Marketing Limited
About Basant Marketing Limited
Data last updated:
Basant Marketing Limited is a public limited company based in Kolkata, West Bengal, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 06 May 1982.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U32106WB1982PLC034865. The company has 4 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹13.65 Cr. It was formerly known as Basant Marketing Pvt Ltd. It is led by directors including Kailash Narsing Thakur (Managing Director) and Anand Shankar Tedginkeri.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Imax Lohia Square Office No.4B 4th Floor Premises No.23 Gangadhar Babu Lane, Kolkata, West Bengal, India – 700012.
As per the financials filed for FY 2020, the company reported a revenue of ₹63.56 Lakh, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹5.14 Cr and EBITDA of -₹4.88 Cr. Revenue has declined at a compounded annual rate (CAGR) of 89% over three years and 63% over five years.
Court records list 1 case involving the company, including 1 filed against it.
Company details
CIN history
Basant Marketing has one previous CIN (Corporate Identification Number): U32106WB1982PTC034865. The current CIN is U32106WB1982PLC034865, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U32106WB1982PLC034865 | Current |
| U32106WB1982PTC034865 | Previous |
Contact details
Basant Marketing Limited's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered AddressImax Lohia Square Office No.4B 4th Floor Premises No.23 Gangadhar Babu Lane, Kolkata, West Bengal, India – 700012
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Basant Marketing 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 Basant Marketing 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 Basant Marketing Limited, buy the company report.
Financials of Basant Marketing Limited
FY 2020 filings availableBasant Marketing Limited reported revenue of ₹63.56 Lakh (down 97% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 63% over five years, including a 97% fall in the latest year. EBITDA rose 95% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | -₹4.88 Cr | ||||
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| Net Profit (PAT) | -₹5.14 Cr | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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To see the full financial statements and ratios of Basant Marketing Limited, buy the company report.
Board of directors of Basant Marketing Limited
Basant Marketing has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Shankar Tedginkeri Also directs: Aneri Industries Limited, Gagann Polyplast Limited, Kil Infrastructures Limited and 4 more | Director | 12 Aug 2016 | 10 Years 2 Months | As last reported |
| Javed Abdul Kadir Shaikh Also directs: Aneri Industries Limited, Gagann Polyplast Limited, Kil Infrastructures Limited and 4 more | Director | 14 Feb 2019 | 7 Years 8 Months | As last reported |
| Kailash Narsing Thakur Also directs: Aneri Industries Limited, Gagann Polyplast Limited, Kil Infrastructures Limited and 3 more | Managing Director | 14 Feb 2019 | 7 Years 8 Months | As last reported |
Auditor
Basant Marketing Limited is audited by K S P M & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K S P M & ASSOCIATES | FY 2019 | 104723W |
Shareholding
The shareholding of Basant Marketing Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Basant Marketing Limited, buy the company report.
Legal cases
Basant Marketing Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by State Cbi Acb Mumbai | Disposed |
To see the full case history of Basant Marketing Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Basant Marketing Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Basant Marketing has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Basant Marketing Limited, buy the company report.
Recent activity
Basant Marketing Limited has 16 board changes on record since 2008: 3 appointments and 13 cessations. The latest: Javed Abdul Kadir Shaikh ceased to be Additional Director on 30 Sep 2019.
7 earlier events are in the company report.
Frequently asked questions
Basant Marketing is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Basant Marketing is a company under liquidation, formerly operating as a public limited company based in Kolkata, West Bengal, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 06 May 1982 and is registered under CIN U32106WB1982PLC034865. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Basant Marketing has 3 current directors:
- Kailash Narsing Thakur - Managing Director
- Anand Shankar Tedginkeri - Director
- Javed Abdul Kadir Shaikh - Director
The latest financial statements of Basant Marketing on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Basant Marketing is U32106WB1982PLC034865. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Basant Marketing has 1 court case on record: 1 filed against it.
Basant Marketing was incorporated on 06 May 1982. It is registered with the Registrar of Companies, Kolkata.
Javed Abdul Kadir Shaikh ceased to be Additional Director on 30 Sep 2019. Kailash Narsing Thakur ceased to be Additional Director on 30 Sep 2019. Anand Shankar Tedginkeri ceased to be Director on 29 Sep 2019. Basant Marketing has 16 board changes on record in total.
The registered office of Basant Marketing is at Imax Lohia Square Office No.4B 4th Floor Premises No.23 Gangadhar Babu Lane, Kolkata, West Bengal, India – 700012.
No. Basant Marketing has 4 GST registrations on record and all of them are cancelled or inactive.
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