About Sumeet Bazaar
Sumeet Bazaar is a Consumer company based in Raipur (India) founded in 1984. Retail and wholesale of textiles, garments, and home furnishings in India. It operates in the Consumer and Industrial Goods & Manufacturing sectors. The company has 2,314 employees. Its Indian entity Sumeet Synfab India Private Limited reported revenue of ₹581 Cr. Sumeet Bazaar offers products and services including Textiles and Garments and Home Furnishing. Its focus areas include Retail, Apparel and Home Furnishings, Textiles and Garments and Home Furnishing Products.
Company details
Sumeet Bazaar is identified as the retail brand of Sumeet Synfab India Private Limited, which handles wholesale trading of textiles, garments, home furnishing, household, and luggage products. The company is recognized in regions like Chhattisgarh, Orissa, and Vidarbh, having been established in 1984. Its operations focus on supplying products to meet the needs of the mass population at reasonable prices, supported by a strong wholesale foundation. Efforts are directed towards building trusted partnerships and expanding to a pan-India presence by 2025, while maintaining ethical practices and customer-centric approaches in the retail sector.
- Headquarters Raipur, India
- Employees 2,314
- SectorsConsumerIndustrial Goods & Manufacturing
- Social Facebook
- Legal Name Sumeet Synfab India Private Limited
- Date of Incorporation 19 Jun, 2000
- Jurisdiction Raipur, Chhattisgarh, India
- Annual Revenue₹581 Cr
FY 2025 · +1% YoY
- Net Profit₹12.68 Cr
FY 2025 · 2% margin
- EBITDA₹44.07 Cr
FY 2025 · 8% margin
- Employee Count2,314
Associated legal entities of Sumeet Bazaar
Sumeet Bazaar operates through Sumeet Synfab India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Sumeet Synfab India Private Limited CIN U17121CT2000PTC014282 | Active | 19 Jun 2000 | Raipur, Chhattisgarh | ₹581 Cr | 2,314 | 4 | View details |
Products & Services of Sumeet Bazaar
Sumeet Bazaar offers a comprehensive portfolio of products and services, including Textiles and Garments and Home Furnishing.
Textiles and garments are traded wholesale and supplied to retail stores to meet regional demands
Home furnishing and household items are provided through wholesale channels and retail outlets for everyday use
Board of directors of Sumeet Synfab India Private Limited (Sumeet Bazaar)
Sumeet Synfab India Private Limited is the primary company behind Sumeet Bazaar. The board of Sumeet Synfab India Private Limited currently have 4 directors; the longest-serving is Ajit Kumar Kankariya, appointed in 2000. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ajit Kumar Kankariya DIN 00496008 | Managing Director | 19 Jun 2000 | 26 yrs 4 mo | Sumeet Synfab India Private Limited |
| Ashok Kumar Kankaria DIN 00390791 | Director | 27 Jan 2004 | 22 yrs 8 mo | Sumeet Synfab India Private Limited |
| Vijay Kumar Kankaria DIN 00391067 | Managing Director | 25 Mar 2004 | 22 yrs 6 mo | Sumeet Synfab India Private Limited |
| Sanyam Kankariya DIN 06857376 | Managing Director | 05 Jun 2016 | 10 yrs 4 mo | Sumeet Synfab India Private Limited |
Financials of Sumeet Bazaar
Figures of Sumeet Synfab India Private Limited, the primary company behind Sumeet Bazaar, for FY 2025. Revenue was ₹581 Cr (+1% year on year). Net profit was ₹12.68 Cr (2% margin). EBITDA was ₹44.07 Cr (8% margin). Revenue has grown at a compounded annual rate of +6% over three years and +7% over five years.
- ₹581 CrRevenue · FY 2025 · +1% YoY
- ₹12.68 CrNet profit · 2% margin
- ₹44.07 CrEBITDA · 8% margin
- ₹88.8 LakhPaid-up capital
- 2,314Employees (provident fund records)
- +6%Revenue CAGR, 3 years
- +7%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Sumeet Synfab India Private Limited are on its company page.
Detailed financial statements for Sumeet Bazaar
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Top companies in Home & Living Products
3 companies that operate in the same segment as Sumeet Bazaar (Home & Living Products) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of interior design and renovation services for homes and offices | 2014 | Bengaluru, Karnataka, India | USD 511.55 M | USD 172.66 M | 4,353 | |
Multi-category products are rented via subscription model. | 2014 | Bengaluru, Karnataka, India | USD 58.71 M | USD 14.82 M | 422 | |
Internet-first brand offering multi-category home furniture | 2012 | Bengaluru, Karnataka, India | USD 108.06 M | USD 26.92 B | 43,024 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Sumeet Bazaar
Sumeet Bazaar was founded in 1984.
Sumeet Bazaar is headquartered in Raipur, India. It is registered at Raipur, Chhattisgarh, India.
Sumeet Bazaar has 2,314 employees.
The primary company behind Sumeet Bazaar, Sumeet Synfab India Private Limited, reported revenue of ₹581 Cr for FY 2025, up 1% year on year.
Sumeet Bazaar is identified as the retail brand of Sumeet Synfab India Private Limited, which handles wholesale trading of textiles, garments, home furnishing, household, and luggage products. The company is recognized in regions like Chhattisgarh, Orissa, and Vidarbh, having been established in 1984. Its operations focus on supplying products to meet the needs of the mass population at reasonable prices, supported by a strong wholesale foundation. Efforts are directed towards building trusted partnerships and expanding to a pan-India presence by 2025, while maintaining ethical practices and customer-centric approaches in the retail sector.
Sumeet Bazaar offers Textiles and Garments and Home Furnishing.
Sumeet Bazaar operates through Sumeet Synfab India Private Limited.
The legal entities of Sumeet Bazaar currently have 4 directors, including Sanyam Kankariya, Vijay Kumar Kankaria, Ashok Kumar Kankaria and others.