MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0054871
Bagster Retail Private Limited - home & lifestyle in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹4.83 Cr
▲ 38% YoY
Net loss · FY 2022
₹1.43 Cr
Net margin -29.7%
EBITDA · FY 2022
-₹53.79 Lakh
EBITDA margin -11.1%
Authorised capital
₹1.2 Cr
Registered with MCA
Paid-up capital
₹1.02 Cr
Issued & subscribed
Open charges
₹80.9 Lakh
Secured borrowings
Company age
12 yrs
Est. 2014
Directors on board
3
As per MCA filings
About Bagster Retail Private Limited
Data last updated:
Bagster Retail Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the lifestyle products and accessories manufacturing segment of the home and lifestyle products sector. It was incorporated on 05 September 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2014PTC076226. Its GSTIN is 29AAGCB0311G1Z5 (Karnataka). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1.2 Cr and a paid-up capital of ₹1.02 Cr. It is led by directors including Sanjay Kumar Jain and Mdtarik Khan.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2022, the company reported a revenue of ₹4.83 Cr, a growth of 38% compared to the previous year. For the same year it recorded a net loss of ₹1.43 Cr (net margin -29.7%) and EBITDA of -₹53.79 Lakh (EBITDA margin -11.1%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 48% over five years.
The company is associated with 2 brands: Vedic Saga and Zwart. As per MCA filings, the company has open charges of ₹80.9 Lakh on record. Court records list 15 cases involving the company, including 15 filed against it; 12 cases are pending.
Bagster Retail Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0054871). 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 zwart.in.
Company details
CIN U74900KA2014PTC076226
Registration Number 076226
Incorporation Date 05 September 2014
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Non-Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0054871
Key People
Sanjay Kumar Jain Director Mdtarik Khan Director Shabeena Anjum Ameen Additional Director Recognitions & Rankings of Bagster Retail
Contact details
Bagster Retail Private Limited's registered office is in Bangalore, Karnataka. Its website is zwart.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address# 202 Amberwoods 6th Cross Venkatadri Layout Behind Apollo Hospital Off Bannerghata, Road, Bangalore, Karnataka, India – 560076
- IndustryHome & Lifestyle, Lifestyle Products & Accessories Manufacturing
To see the full contact details of Bagster Retail Private Limited, buy the company report.
Comprehensive company report
Bagster Retail Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Bagster Retail operates two associated brands: Vedic Saga and Zwart. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online sales of organic Stevia and Ayurvedic products for health and wellness. | vedicsaga.com | |
| Zwart is recognized as a growing Indian brand specializing in bags and luggage. | zwart.in |
Business activity
The main business activity of Bagster 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 Bagster Retail Private Limited, buy the company report.
Financials of Bagster Retail Private Limited
FY 2022 filings availableBagster Retail Private Limited reported revenue of ₹4.83 Cr (up 38% YoY) for FY 2022.
Revenue · FY 2022
₹4.83 Cr ▲ 38%
Net loss · FY 2022
₹1.43 Cr margin -29.7%
EBITDA · FY 2022
-₹53.79 Lakh margin -11.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 38%
3 years · compounded
▼ 33%
5 years · compounded
▲ 48%
EBITDA CAGR growth
1 year
▼ 559%
3 years · compounded
▼ 34%
5 years · compounded
▼ 61%
Revenue has grown at a compounded annual rate (CAGR) of 48% over five years, including 38% growth in the latest year. EBITDA fell 559% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4.83 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹53.79 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.43 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -11.1% | ||||
| Net Profit Margin | -29.7% | ||||
| 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 Bagster Retail Private Limited, buy the company report.
Board of directors of Bagster Retail Private Limited
Bagster Retail has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Kumar Jain | Director | 27 Jun 2018 | 8 Years 3 Months | Current |
| Mdtarik Khan | Director | 05 Jan 2015 | 11 Years 9 Months | Current |
| Shabeena Anjum Ameen | Additional Director | 29 May 2025 | 1 Years 4 Months | Current |
Auditor
Bagster Retail Private Limited is audited by DSB and Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DSB and Associates | FY 2022 | 015978S |
Shareholding
The shareholding of Bagster Retail Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bagster Retail Private Limited, buy the company report.
Charges & borrowings
Open charges
₹80.9 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jul 2021 | 100469027 | Idbi Bank Limited | ₹34.9 Lakh | Open | |
| 25 Jan 2018 | 100161916 | Idbi Bank Limited | ₹46 Lakh | Open |
To see the full charge records of Bagster Retail Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Bagster Retail Private Limited has 15 court cases on record: 15 filed against it. 12 cases are pending and 3 are disposed.
Total cases
15
Filed against the company
15
Pending
12
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 15 | 12 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed against the company by J K Texbond Pvt Ltd Through Mr Vikash Jain | Pending |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed against the company by M/S S K Fabrics and Trims | Pending |
| District court, West, Delhi | Cheque dishonour complaint | Filed against the company by an individual | Pending |
To see the full case history of Bagster 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bagster Retail Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bagster Retail has 4 GST registrations: 2 active and 2 cancelled or inactive.
Total GSTINs
4
Active
2
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCB0311G1Z5 | Karnataka | Active | 01 Jul 2017 |
| 33AAGCB0311G1ZG | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bagster Retail Private Limited, buy the company report.
Recent activity
Bagster Retail Private Limited has 10 board changes on record since 2014: 4 appointments and 6 cessations. The latest: Naziya Sharique Malgaonkar ceased to be Director on 30 May 2025.
Ceased
Naziya Sharique Malgaonkar ceased to be Director.
Appointed
Shabeena Anjum Ameen was appointed as Additional Director.
AGM
Bagster Retail Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Bagster Retail Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.
Charges
A charge with Idbi Bank Limited of Rs. 0.35 Cr registered on 15 Jul 2021 with Charge ID 100469027 was modified on 22 Mar 2022.
Ceased
Sanjay Kumar Jain ceased to be Director.
Charges
A charge with Idbi Bank Limited amounted to Rs. 0.35 Cr with Charge ID 100469027 was registered on 15 Jul 2021.
Charges
A charge with Idbi Bank Limited of Rs. 0.46 Cr registered on 25 Jan 2018 with Charge ID 100161916 was modified on 15 Jul 2021.
Appointed
Sanjay Kumar Jain was appointed as Director.
Charges
A charge with Idbi Bank Limited amounted to Rs. 0.46 Cr with Charge ID 100161916 was registered on 25 Jan 2018.
Ceased
Rakesh Ashok Lalwani ceased to be Director.
Ceased
Lalwani Anil Ashok ceased to be Director.
5 earlier events are in the company report.
Frequently asked questions
Bagster Retail is an active private limited company based in Bangalore, Karnataka, India. The company works in lifestyle products and accessories manufacturing, within the home and lifestyle industry. It was incorporated on 05 September 2014 (12+ years old) and is registered under CIN U74900KA2014PTC076226.
Bagster Retail has 3 current directors:
- Sanjay Kumar Jain - Director
- Mdtarik Khan - Director
- Shabeena Anjum Ameen - Additional Director
The latest financial statements of Bagster Retail on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Bagster Retail is 29AAGCB0311G1Z5, registered in Karnataka. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 33AAGCB0311G1ZG (Tamil Nadu).
The CIN (Corporate Identification Number) of Bagster Retail is U74900KA2014PTC076226. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bagster Retail has 15 court cases on record: 15 filed against it. 12 are pending.
Bagster Retail was incorporated on 05 September 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Naziya Sharique Malgaonkar ceased to be Director on 30 May 2025. Shabeena Anjum Ameen was appointed as Additional Director on 29 May 2025. Sanjay Kumar Jain ceased to be Director on 01 Sep 2021. Bagster Retail has 10 board changes on record in total.
Yes, Bagster Retail is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0054871).
Bagster Retail can be reached through the website zwart.in. Its registered office is in Bangalore, Karnataka, India.