About Baazar Retail Limited
Data last updated:
Baazar Retail Limited was a public limited company based in Howrah, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the hypermarkets and large retail chains segment of the consumer services sector. It was incorporated on 28 August 1998.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U51311WB1998PLC087828. Its GSTIN is 19AAGCS8862B1Z3 (West Bengal). The company held 10 GST registrations, of which 6 are active.
The company had an authorised share capital of ₹20 Cr and a paid-up capital of ₹4.13 Cr. It was formerly known as Baazar Retail Private Limited. It was led by directors including Manoj Khemka (Managing Director) and Ramamurthy Mohan Kumar.
Its last annual general meeting (AGM) was held on 06 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at 493 B G.T. Road Warehouse No. M7 Bjm Industries Compound, Howrah, West Bengal, India – 711102.
As per the financials filed for FY 2022, the company reported a revenue of ₹649.85 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹30.2 Cr (net margin 4.6%) and EBITDA of ₹84.59 Cr (EBITDA margin 13%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 10% over five years.
The company had about 4,810 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹112.37 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it. The company has 10 deals on record (5 funding rounds, 5 secondary share transfers), with disclosed funding of ₹134.43 Cr; the latest was in March 2019. Its 8 peer companies in the Consumer Services industry (Hypermarkets), with the same principal business activity (retail trading) are compared by revenue, 5 larger and 3 smaller; the largest is Patel Retail Limited with revenue of ₹825.99 Cr.
The last known website on record is baazarkolkata.com.
Company details
CIN history
Baazar Retail has one previous CIN (Corporate Identification Number): U51311WB1998PTC087828. The current CIN is U51311WB1998PLC087828, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51311WB1998PLC087828 | Current |
| U51311WB1998PTC087828 | Previous |
Contact details
Baazar Retail Limited's registered office is in Howrah, West Bengal. Its website is baazarkolkata.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address493 B G.T. Road Warehouse No. M7 Bjm Industries Compound, Howrah, West Bengal, India – 711102
- IndustryConsumer Services, Hypermarkets & Large Retail Chains
To see the full contact details of Baazar Retail 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 Baazar Retail 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 Baazar Retail Limited, buy the company report.
Financials of Baazar Retail Limited
FY 2019 filings availableBaazar Retail Limited reported revenue of ₹649.85 Cr (up 40% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 40% growth in the latest year. EBITDA rose 23% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹84.59 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹30.2 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13% | ||||
| Net Profit Margin | 4.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Baazar Retail Limited, buy the company report.
Board of directors and KMP of Baazar Retail Limited
Baazar Retail Limited currently reports 10 directors and 1 key managerial person. 15 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramamurthy Mohan Kumar | Director | 12 Jan 2019 | 7 Years 9 Months | As last reported |
| Pavan Guru Ranga | Director | 28 Nov 2018 | 7 Years 10 Months | As last reported |
| Anchal Saraf Also directs: Acube Brands Private Limited | Director | 12 Jan 2019 | 7 Years 9 Months | As last reported |
| Rishab Goenka Also directs: Baazar Retail Private Limited | Director | 15 Dec 2016 | 9 Years 10 Months | As last reported |
| Abhishek Khemka Also directs: Baazar Retail Private Limited, Bansidhar Infrastructure LLP, Mkark Management Consulting LLP and 3 more | Director | 15 Dec 2016 | 9 Years 10 Months | As last reported |
| Kumar Aviral Jain Also directs: Aek Management Consulting LLP, Baazar Retail Private Limited, Dui Investment Advisors LLP and 4 more | Director | 28 Nov 2018 | 7 Years 10 Months | As last reported |
Peer comparison
Baazar Retail Limited is compared with the 8 companies closest to it by revenue in the Consumer Services industry (Hypermarkets), 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 |
|---|---|---|---|---|---|---|
| Patel Retail Limited | ₹825.99 Cr (FY 2025) | 1.0% | Ambernath, Maharashtra, India | |||
| Vijetha Supermarkets Private Limited(Part IX) | ₹804.7 Cr (FY 2024) | 8.0% | Hyderabad, Telangana, India | |||
| Savemax Wholesale Club Private Limited | ₹715.34 Cr (FY 2016) | 50.0% | Delhi, India | |||
| Shubham K-Mart Private Limited | ₹688.12 Cr (FY 2025) | 55.0% | Raipur, Chhattisgarh, India | |||
| P Y D Retail Private Limited | ₹675.31 Cr (FY 2025) | 109.0% | Gurgaon, Haryana, India | |||
| Baazar Retail Limitedthis company | ₹649.85 Cr (FY 2022) | ₹30.2 Cr | 4.6% | 40.0% | 4,810 | Howrah, West Bengal, India |
| Shri Rathna Akshaya Estates Private Limited | ₹583.07 Cr (FY 2024) | 33.0% | Chennai, Tamil Nadu, India | |||
| Foclo Technologies Private Limited | ₹485.42 Cr (FY 2025) | 17.0% | Hyderabad, Telangana, India | |||
| Dufry India Retail Private Limited | ₹450.8 Cr (FY 2025) | 1149.0% | Bengaluru, Karnataka, India |
To see the full peer comparison of Baazar Retail Limited, buy the company report.
Auditor
Baazar Retail Limited is audited by CHHAPARIA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHHAPARIA & ASSOCIATES | FY 2019 | 322169E |
Shareholding
The shareholding of Baazar Retail Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Baazar Retail Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Dec 2017 | 100145109 | Hdfc Bank Limited | ₹7.5 Cr | Satisfied | |
| 31 Aug 2012 | 10378343 | Kotak Mahindra Bank Limited | ₹39.75 Cr | Satisfied | |
| 20 May 2008 | 10110613 | 3I Infotech Trusteeship Services Limited | ₹4 Cr | Satisfied | |
| 20 May 2008 | 10107131 | 3I Infotech Trusteeship Services Limited | ₹4 Cr | Satisfied | |
| 17 Nov 2007 | 10076735 | State Bank of India | ₹26.82 Cr | Satisfied |
To see the full charge records of Baazar Retail Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Baazar Retail Limited has 10 deals on record (5 funding rounds, 5 secondary share transfers), with disclosed funding of ₹134.43 Cr; the latest was in March 2019.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Funding round | ₹123.53 Cr | Investors: Mkark Management Consulting LLP , 3 individuals |
| Jul 2018 | Secondary share transfer | Undisclosed | Buyer: Baazar Retail Private Limited, 3 individuals Seller: 3 individuals |
| Mar 2018 | Funding round | ₹2.04 Cr | Investors: Sra Merchandise Private Limited , Bansidhar Infrastructure LLP , an individual |
| Sep 2010 | Secondary share transfer | Undisclosed | Buyer: Sra Merchandise Private Limited Seller: Tulsi Merchandise Private Limited |
| Dec 2007 | Secondary share transfer | Undisclosed | Buyer: Greenland Commodities Pvt Ltd , Tulsi Merchandise Private Limited , 2 individuals Seller: Zither Tracom Pvt. Ltd. , Dicord Trading Pvt.Ltd. , Others Baazar Retail Limited |
To see the full deal history of Baazar Retail Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Baazar Retail Limited has 4 court cases on record: 2 filed by Baazar Retail, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Allahabad, Uttar Pradesh | Criminal case | Filed against the company by State of U.P. | Disposed |
| District court, Calcutta, West Bengal | Criminal case | Filed against the company by Registrar of Companies | Disposed |
| District court, Khurda, Orissa | Civil suit | Filed by the company against Bhubaneswar Municipal Corporation | Disposed |
| High Court | Writ petition | Filed by the company against State of West Bengal and Anr | Disposed |
To see the full case history of Baazar Retail 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.
Credit ratings & regulatory alerts
Baazar Retail Limited was last rated by Crisil on 19 Nov 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 19 Nov 2019 |
To see the full credit ratings and regulatory alerts of Baazar Retail Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Baazar Retail Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Baazar Retail Limited has a workforce of 4,810 employees on its EPFO records as of Apr 07, 2024, across 2 active EPFO establishments.
GST
Baazar Retail has 10 GST registrations: 6 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAGCS8862B1Z3 | West Bengal | Active | 01 Jul 2017 |
| 19AAGCS8862B2Z2 | West Bengal | Active | 25 Aug 2017 |
| 09AAGCS8862B1Z4 | Uttar Pradesh | Active | 01 Jul 2017 |
| 10AAGCS8862B3ZJ | Bihar | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Baazar Retail Limited, buy the company report.
Recent activity
Baazar Retail Limited has 25 board changes on record since 2002: 11 appointments and 14 cessations. The latest: Varun Kohli was appointed as Company Secretary on 11 Jun 2019.
39 earlier events are in the company report.
Frequently asked questions
Baazar Retail has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Baazar Retail was a public limited company based in Howrah, West Bengal, India. The company worked in hypermarkets and large retail chains, within the consumer services industry. It was incorporated on 28 August 1998 and is registered under CIN U51311WB1998PLC087828. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Baazar Retail was incorporated on 28 August 1998. It is registered with the Registrar of Companies, Kolkata.
Baazar Retail had 11 directors and KMP:
- Manoj Khemka - Managing Director
- Ramamurthy Mohan Kumar - Director
- Pavan Guru Ranga - Director
- Anchal Saraf - Director
- Rishab Goenka - Director
- Abhishek Khemka - Director
- Kumar Aviral Jain - Director
- Shiraz Bugwadia Homi - Director
- Gagan Kapur - Director
- Deepesh Garg - Director
- Varun Kohli - Company Secretary
The CIN (Corporate Identification Number) of Baazar Retail is U51311WB1998PLC087828. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Baazar Retail is at 493 B G.T. Road Warehouse No. M7 Bjm Industries Compound, Howrah, West Bengal, India – 711102.
Baazar Retail can be reached through the website baazarkolkata.com. Its registered office is in Howrah, West Bengal, India.
The latest financial statements of Baazar Retail on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 06 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Baazar Retail is 19AAGCS8862B1Z3, registered in West Bengal. The company has 10 GST registrations in all, of which 6 are active and 4 are cancelled or inactive. Other active GSTINs include 19AAGCS8862B2Z2 (West Bengal), 09AAGCS8862B1Z4 (Uttar Pradesh), 10AAGCS8862B3ZJ (Bihar).
Baazar Retail operated in the consumer services industry, in the hypermarkets and large retail chains segment.
Baazar Retail has 10 deals on record (5 funding rounds, 5 secondary share transfers), with disclosed funding of ₹134.43 Cr; the latest was in March 2019.