About Baazar Retail Private Limited
Data last updated:
Baazar Retail Private Limited is a private limited company based in Kolkata, West Bengal, India, a subsidiary of Teen Investment Advisors Llp. It operates in the hypermarkets and large retail chains segment of the consumer services sector. It was incorporated on 10 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74110WB2018PTC228448. Its GSTIN is 19AAICB0626Q1Z9 (West Bengal). The company holds 16 GST registrations, of which 15 are active.
The company has an authorised share capital of ₹1,000 Cr and a paid-up capital of ₹704.73 Cr. It was formerly known as Bees Merchandise Private Limited. It is led by directors including Manoj Khemka (Managing Director) and Shiraz Bugwadia Homi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Kolkata, West Bengal.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,334.41 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net loss of ₹127.48 Cr (net margin -9.6%) and EBITDA of ₹136.72 Cr (EBITDA margin 10.2%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 15% over five years.
The company is associated with 1 brand: Baazar Kolkata. As per MCA filings, the company has open charges of ₹167.2 Cr and satisfied charges of ₹89 Cr on record. Court records list 6 cases involving the company, including 6 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website baazarkolkata.com.
Company details
CIN history
Baazar Retail has one previous CIN (Corporate Identification Number): U93000WB2018PTC228448. The current CIN is U74110WB2018PTC228448, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110WB2018PTC228448 | Current |
| U93000WB2018PTC228448 | Previous |
Contact details
Baazar Retail Private Limited's registered office is in Kolkata, 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 AddressPs Srijan Corporate Park Office No.1103 Tower – 1 Block – Gp Sector, V, Kolkata, West Bengal, India – 700091
- IndustryConsumer Services, Hypermarkets & Large Retail Chains
To see the full contact details of Baazar Retail 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
Brands
Baazar Retail operates one associated brand: Baazar Kolkata. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Baazar Kolkata is recognized as a leading fashion retailer in Eastern India. | baazarkolkata.com |
Business activity
The main business activities of Baazar Retail are manufacturing, trade and professional, scientific and technical. In detail, this covers textile, leather and other apparel products, retail trading and management consultancy activities. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | |
| G | Trade | G2 | Retail Trading | |
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Baazar Retail Private Limited, buy the company report.
Financials of Baazar Retail Private Limited
FY 2025 filings availableBaazar Retail Private Limited reported revenue of ₹1,334.41 Cr (up 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 12% growth in the latest year. EBITDA fell 19% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1,334.41 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹136.72 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹127.48 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 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.2% | ||||
| Net Profit Margin | -9.6% | ||||
| 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 Baazar Retail Private Limited, buy the company report.
Board of directors of Baazar Retail Private Limited
Baazar Retail has 8 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shiraz Bugwadia Homi Also directs: Aek Management Consulting LLP, Jyeshtha Consultancy LLP, Dui Investment Advisors LLP and 5 more | Director | 10 Oct 2018 | 8 Years 0 Months | Current |
| Kumar Aviral Jain Also directs: Aek Management Consulting LLP, Dui Investment Advisors LLP, Teen Investment Advisors LLP and 3 more | Director | 10 Oct 2018 | 8 Years 0 Months | Current |
| Pavan Guru Ranga | Director | 16 Mar 2020 | 6 Years 7 Months | Current |
| Manoj Khemka | Managing Director | 16 Mar 2020 | 6 Years 7 Months | Current |
| Deepesh Garg Also directs: Blue Origin Consultancy LLP, Jyeshtha Consultancy LLP, DX Diagnostic Tech LLP and 5 more | Director | 16 Mar 2020 | 6 Years 7 Months | Current |
| Abhishek Khemka Also directs: Mkark Management Consulting LLP, Blue Origin Consultancy LLP, Bansidhar Infrastructure LLP and 2 more | Director | 16 Mar 2020 | 6 Years 7 Months | Current |
Auditor
Baazar Retail Private Limited is audited by MSKA & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MSKA & Associates | FY 2022 | 105047W |
Shareholding
The shareholding of Baazar Retail Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2019 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Baazar Retail Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jan 2026 | 101276251 | Axis Bank Limited | ₹70 Lakh | Open | |
| 06 Jan 2026 | 101276936 | Axis Bank Limited | ₹70 Lakh | Open | |
| 30 Nov 2024 | 101075042 | Hdfc Bank Limited | ₹80 Lakh | Open | |
| 04 Mar 2024 | 100890122 | Axis Bank Limited | ₹75 Cr | Open | |
| 05 Apr 2023 | 100710998 | State Bank of India | ₹90 Cr | Open |
To see the full charge records of Baazar Retail Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Baazar Retail Private Limited has 6 court cases on record: 6 filed by Baazar Retail. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 0 |
| High courts | 2 | 0 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (TMA) | Filed by the company against an individual | Pending |
| District court, Paschim Medinpur, West Bengal | Court case (Other Suit) | Filed by the company against an individual | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| High Court, West Bengal | Writ petition | Filed by the company against Asansol Municipal Corporation and Ors | Disposed |
| District court, Ranchi, Jharkhand | Commercial matter | Filed by the company against individuals | Disposed |
To see the full case history of Baazar Retail Private 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 Private Limited was last rated by Crisil on 15 Feb 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 15 Feb 2021 |
To see the full credit ratings and regulatory alerts of Baazar Retail Private Limited, buy the company report.
MSME payment delays
Baazar Retail Private Limited has 14 MSME Form 1 returns on record between 2020 and 2024, listing 520 overdue payments to 207 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 207)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Prince | |||
| Shivasaa Apparels Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Baazar Retail Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Baazar Retail has 16 GST registrations: 15 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAICB0626Q1Z9 | West Bengal | Active | 25 Feb 2019 |
| 19AAICB0626Q2Z8 | West Bengal | Active | 16 Jun 2020 |
| 18AAICB0626Q1ZB | Assam | Active | 20 Feb 2020 |
| 21AAICB0626Q1ZO | Odisha | Active | 25 Feb 2020 |
To see the full GST registrations and return filing status of Baazar Retail Private Limited, buy the company report.
Recent activity
Baazar Retail Private Limited has 8 board changes on record since 2018: 8 appointments. The latest: Shaun Prakash Khubchandani was appointed as Director on 22 Aug 2024.
12 earlier events are in the company report.
Frequently asked questions
Baazar Retail is an active private limited company based in Kolkata, West Bengal, India. The company works in hypermarkets and large retail chains, within the consumer services industry. It was incorporated on 10 October 2018 (8+ years old) and is registered under CIN U74110WB2018PTC228448.
Baazar Retail has 8 current directors:
- Manoj Khemka - Managing Director
- Shiraz Bugwadia Homi - Director
- Kumar Aviral Jain - Director
- Pavan Guru Ranga - Director
- Deepesh Garg - Director
- Abhishek Khemka - Director
- Rishab Goenka - Director
- Shaun Prakash Khubchandani - Director
The latest financial statements of Baazar Retail on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Baazar Retail is 19AAICB0626Q1Z9, registered in West Bengal. The company has 16 GST registrations in all, of which 15 are active and 1 is cancelled or inactive. Other active GSTINs include 19AAICB0626Q2Z8 (West Bengal), 18AAICB0626Q1ZB (Assam), 21AAICB0626Q1ZO (Odisha).
The CIN (Corporate Identification Number) of Baazar Retail is U74110WB2018PTC228448. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Baazar Retail has 6 court cases on record: 6 filed by the company. 1 is pending. Most are in the district courts.
Baazar Retail was incorporated on 10 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Kolkata.
Shaun Prakash Khubchandani was appointed as Director on 22 Aug 2024. Abhishek Khemka was appointed as Director on 16 Mar 2020. Deepesh Garg was appointed as Director on 16 Mar 2020. Baazar Retail has 8 board changes on record in total.
Baazar Retail has 14 MSME Form 1 returns on record between 2020 and 2024, listing 520 overdue payments to 207 micro and small suppliers. The latest return was filed on 29 May 2024.
Baazar Retail can be reached through the website baazarkolkata.com. Its registered office is in Kolkata, West Bengal, India.
The registered office of Baazar Retail is at Ps Srijan Corporate Park Office No.1103 Tower – 1 Block – Gp Sector, V, Kolkata, West Bengal, India – 700091.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
