About Basar Enterprises Private Limited
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Basar Enterprises Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 28 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2012PTC228858. Its GSTIN is 27AAECB9473B1ZO (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Mohammed Juned Ansari and Mohammad Sadiq Mohammad Sultan Shaikh.
Its last annual general meeting (AGM) was held on 05 February 2021, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 201 – Standard House 83 – Maharshi Karve Road Marine Lines, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2020, the company reported a revenue of ₹19.6 Lakh. For the same year it recorded a net loss of ₹6,701 (net margin -0.3%) and EBITDA of -₹7,000 (EBITDA margin -0.4%).
Its group structure includes 4 subsidiaries.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website basarworld.com.
Company details
Contact details
Basar Enterprises Private Limited's registered office is in Mumbai, Maharashtra. Its website is basarworld.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address201 – Standard House 83 – Maharshi Karve Road Marine Lines, Mumbai, Maharashtra, India – 400002
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Basar Enterprises 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 Basar Enterprises 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 |
Financials of Basar Enterprises Private Limited
FY 2020 filings availableBasar Enterprises Private Limited reported revenue of ₹19.6 Lakh for FY 2020.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹19.6 Lakh | ||||
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| EBITDA | -₹7,000 | ||||
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| Net Profit (PAT) | -₹6,701 | ||||
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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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| Profitability | |||||
| EBITDA Margin | -0.4% | ||||
| Net Profit Margin | -0.3% | ||||
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To see the full financial statements and ratios of Basar Enterprises Private Limited, buy the company report.
Board of directors of Basar Enterprises Private Limited
Basar Enterprises has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohammed Juned Ansari Also directs: Basar Foods Private Limited, Basar Steel Private Limited, Basar Global Private Limited and 5 more | Director | 22 Jan 2019 | 7 Years 9 Months | Current |
| Mohammad Sadiq Mohammad Sultan Shaikh Also directs: Basar Foods Private Limited, Basar Steel Private Limited, Basar Constructions Private Limited and 5 more | Director | 22 Jan 2019 | 7 Years 9 Months | Current |
Auditor
Basar Enterprises Private Limited is audited by C V K & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C V K & ASSOCIATES | FY 2019 | 101745W |
Shareholding
The shareholding of Basar Enterprises Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Basar Enterprises Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Basar Enterprises 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 Basar Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Basar Enterprises has 4 subsidiary companies. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Basar Foods Private Limited | U01110MH2012PTC225812 | |
| Red Cherry Fashion & Accessories Private Limited | U17222MH2015PTC264326 | |
| Right Choice Global Private Limited | U52100MH2015PTC261599 | |
| Viva Diamonds Private Limited | U74900MH2015PTC269303 |
To see the full group structure of Basar Enterprises Private Limited, buy the company report.
GST
Basar Enterprises has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECB9473B1ZO | Maharashtra | Active | 12 Mar 2018 |
To see the full GST registrations and return filing status of Basar Enterprises Private Limited, buy the company report.
Recent activity
Basar Enterprises Private Limited has 8 board changes on record since 2012: 2 appointments and 6 cessations. The latest: Mohammad Sadiq Mohammad Sultan Shaikh was appointed as Director on 22 Jan 2019.
Frequently asked questions
Basar Enterprises is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 28 March 2012 (14+ years old) and is registered under CIN U74999MH2012PTC228858.
Basar Enterprises has 2 current directors:
- Mohammed Juned Ansari - Director
- Mohammad Sadiq Mohammad Sultan Shaikh - Director
The latest financial statements of Basar Enterprises on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 05 February 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Basar Enterprises is 27AAECB9473B1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Basar Enterprises is U74999MH2012PTC228858. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Basar Enterprises was incorporated on 28 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Mohammad Sadiq Mohammad Sultan Shaikh was appointed as Director on 22 Jan 2019. Mohammed Juned Ansari was appointed as Director on 22 Jan 2019. Shrikant S Patil ceased to be Director on 22 Jan 2019. Basar Enterprises has 8 board changes on record in total.
Basar Enterprises can be reached through the website basarworld.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Basar Enterprises is at 201 – Standard House 83 – Maharshi Karve Road Marine Lines, Mumbai, Maharashtra, India – 400002.
Basar Enterprises operates in the machinery and equipment industry, in the industrial machinery manufacturing segment.