Baleshwar Synthetics Textiles Pvt Ltd

Baleshwar Synthetics Textiles Pvt Ltd - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U17120MH1981PTC025685 Incorporated 23 November 1981 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company manufacturing MSME · Micro
Revenue · FY 2025
₹4.25 Cr
▲ 96% YoY
Net loss · FY 2025
₹52.18 Lakh
Net margin -12.3%
EBITDA · FY 2025
₹7.45 Lakh
EBITDA margin 1.8%
Authorised capital
₹51 Lakh
Registered with MCA
Paid-up capital
₹48.6 Lakh
Issued & subscribed
Satisfied charges
₹80.09 Cr
No open charges
Company age
45 yrs
Est. 1981
Directors on board
5
As per MCA filings

About Baleshwar Synthetics Textiles Pvt Ltd

Data last updated:

Baleshwar Synthetics Textiles Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 23 November 1981 and has been in existence for over 45 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17120MH1981PTC025685. Its GSTIN is 27AAACB4597L1Z8 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹51 Lakh and a paid-up capital of ₹48.6 Lakh. It was formerly known as Baleshwar Synthetics Pvt Ltd. It is led by directors including Shivratan Rajendrakumar Biyani (Whole-Time Director) and Mainadevi Rajendrakumar Biyani (Whole-Time Director).

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹4.25 Cr, a growth of 96% compared to the previous year. For the same year it recorded a net loss of ₹52.18 Lakh (net margin -12.3%) and EBITDA of ₹7.45 Lakh (EBITDA margin 1.8%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 27% over five years.

As per MCA filings, the company has satisfied charges of ₹80.09 Cr on record. Court records list 11 cases involving the company, including 11 filed by the company; 7 cases are pending.

Baleshwar Synthetics Textiles Pvt Ltd is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0173123). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website baleshwar.co.in.

Company details

CIN U17120MH1981PTC025685
Registration Number 025685
Incorporation Date 23 November 1981
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0173123

Recognitions & Rankings of Baleshwar Synthetics Textiles

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-19-0173123

Contact details

Baleshwar Synthetics Textiles Pvt Ltd's registered office is in Mumbai, Maharashtra. Its website is baleshwar.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    602 Harlalka Hights Co – Op Housing Society Building 162/164/166 2nd Fanaswadi Sitaram Podda, R Marg, Mumbai, Maharashtra, India – 400002
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Baleshwar Synthetics Textiles Pvt Ltd, buy the company report.

Comprehensive company report
Baleshwar Synthetics Textiles Pvt Ltd - 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
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Business activity

The main business activity of Baleshwar Synthetics Textiles is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Baleshwar Synthetics Textiles Pvt Ltd, buy the company report.

Financials of Baleshwar Synthetics Textiles Pvt Ltd

FY 2024 filings available

Baleshwar Synthetics Textiles Pvt Ltd reported revenue of ₹4.25 Cr (up 96% YoY) for FY 2025.

Revenue · FY 2025
₹4.25 Cr ▲ 96%
Net loss · FY 2025
₹52.18 Lakh margin -12.3%
EBITDA · FY 2025
₹7.45 Lakh margin 1.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 96%
3 years · compounded
▲ 14%
5 years · compounded
▼ 27%
EBITDA CAGR growth
1 year
▼ 98%
3 years · compounded
▼ 35%
5 years · compounded
▼ 20%

Revenue rose 96% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 27%. EBITDA fell 98% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹7.45 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹52.18 Lakh
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin1.8%
Net Profit Margin-12.3%
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 Baleshwar Synthetics Textiles Pvt Ltd, buy the company report.

Board of directors of Baleshwar Synthetics Textiles Pvt Ltd

Baleshwar Synthetics Textiles has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Siddhant Shivratan BiyaniDirector01 Apr 20224 Years 7 MonthsCurrent
Rajendrakumar Madanlal BiyaniDirector25 Aug 199432 Years 2 MonthsCurrent
Shivratan Rajendrakumar BiyaniWhole-Time Director01 Mar 199432 Years 8 MonthsCurrent
Mainadevi Rajendrakumar BiyaniWhole-Time Director30 Mar 201511 Years 7 MonthsCurrent
Manisha Shivratan BiyaniWhole-Time Director30 Mar 201511 Years 7 MonthsCurrent

Peer comparison

Baleshwar Synthetics Textiles Pvt Ltd is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Manmohan Commercials Limited₹4.26 Cr (FY 2025)27.0%Kanpur, Uttar Pradesh, India
Satyam Weavetech Private Limited₹4.26 Cr (FY 2025)-22.0%Surat, Gujarat, India
J'yani Fabrics Private Limited₹4.26 Cr (FY 2025)19.0%Satara, Maharashtra, India
Baleshwar Synthetics Textiles Pvt Ltdthis company₹4.25 Cr (FY 2025)-₹52.18 Lakh-12.3%96.0%Mumbai, Maharashtra, India
Augustan Garments Private Limited₹4.25 Cr (FY 2025)-10.0%Coimbatore, Tamil Nadu, India

To see the full peer comparison of Baleshwar Synthetics Textiles Pvt Ltd, buy the company report.

Auditor

Baleshwar Synthetics Textiles Pvt Ltd is audited by KHANDELWAL JAIN &CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
KHANDELWAL JAIN &CO.FY 2023105049W

Shareholding

The shareholding of Baleshwar Synthetics Textiles Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Baleshwar Synthetics Textiles Pvt Ltd, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹80.09 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹32.18 Cr
Yes Bank Limited₹17.00 Cr
Bank of Baroda₹14.57 Cr
Central Bank of India₹11.92 Cr
Sicom Ltd₹2.83 Cr
Others₹1.60 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
17 Jul 2020100354050Hdfc Bank Limited₹32.18 CrSatisfied
16 Mar 2018100162477Yes Bank Limited₹8.5 CrSatisfied
28 Nov 2017100141681Yes Bank Limited₹8.5 CrSatisfied
24 Jan 2017100095707Others₹1 CrSatisfied
23 Jul 200810117312Bank of Baroda₹6.5 CrSatisfied

To see the full charge records of Baleshwar Synthetics Textiles Pvt Ltd, buy the company report.

Total charge records: 22 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Baleshwar Synthetics Textiles Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Baleshwar Synthetics Textiles has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AAACB4597L1Z8MaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Baleshwar Synthetics Textiles Pvt Ltd, buy the company report.

Recent activity

Baleshwar Synthetics Textiles Pvt Ltd has 11 board changes on record since 1994: 5 appointments and 6 cessations. The latest: Siddhant Shivratan Biyani ceased to be Additional Director on 10 Mar 2023.

Charges
A charge registered on 17 Jul 2020 via Charge ID 100354050 with Hdfc Bank Limited was fully satisfied on 13 Dec 2024.
AGM
Baleshwar Synthetics Textiles Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Baleshwar Synthetics Textiles Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Siddhant Shivratan Biyani ceased to be Additional Director.
Charges
A charge registered on 13 Sep 1996 via Charge ID 90188659 with Sicom Ltd was fully satisfied on 15 Nov 2022.
Charges
A charge registered on 27 Jan 1995 via Charge ID 90189123 with Sicom Ltd was fully satisfied on 15 Nov 2022.
Charges
A charge registered on 30 Jun 1986 via Charge ID 90189045 with The State Industrial Invest Ment Of Maharashtra Ltd was fully satisfied on 15 Nov 2022.
Appointed
Siddhant Shivratan Biyani was appointed as Director.
Charges
A charge with Hdfc Bank Limited of Rs. 3,217.69 Lakh registered on 17 Jul 2020 with Charge ID 100354050 was modified on 03 May 2021.
Ceased
Krishnagopal Rajendrakumar Biyani ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 3,217.69 Lakh with Charge ID 100354050 was registered on 17 Jul 2020.
Charges
A charge registered on 16 Mar 2018 via Charge ID 100162477 with Yes Bank Limited was fully satisfied on 05 Dec 2019.

54 earlier events are in the company report.

Frequently asked questions

Baleshwar Synthetics Textiles is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 23 November 1981 (45+ years old) and is registered under CIN U17120MH1981PTC025685.

Baleshwar Synthetics Textiles has 5 current directors:

The latest financial statements of Baleshwar Synthetics Textiles on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Baleshwar Synthetics Textiles is 27AAACB4597L1Z8, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Baleshwar Synthetics Textiles is U17120MH1981PTC025685. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Baleshwar Synthetics Textiles has 11 court cases on record: 11 filed by the company. 7 are pending.

Baleshwar Synthetics Textiles was incorporated on 23 November 1981, making it 45+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Baleshwar Synthetics Textiles by revenue are Manmohan Commercials Limited, Satyam Weavetech Private Limited, J'yani Fabrics Private Limited, Augustan Garments Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).

Siddhant Shivratan Biyani ceased to be Additional Director on 10 Mar 2023. Siddhant Shivratan Biyani was appointed as Director on 01 Apr 2022. Krishnagopal Rajendrakumar Biyani ceased to be Director on 30 Sep 2020. Baleshwar Synthetics Textiles has 11 board changes on record in total.

Yes, Baleshwar Synthetics Textiles is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0173123).

Baleshwar Synthetics Textiles can be reached through the website baleshwar.co.in. Its registered office is in Mumbai, Maharashtra, India.