MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-01-0023796
Bancan India Private Limited
Bancan India Private Limited - home & lifestyle in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹99.32 Cr
▼ 15% YoY
Net profit · FY 2025
₹36.66 Lakh
Net margin 0.4%
EBITDA · FY 2025
₹1.06 Cr
EBITDA margin 1.1%
Authorised capital
₹2.51 Cr
Registered with MCA
Paid-up capital
₹2.51 Cr
Issued & subscribed
Open charges
₹9 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
About Bancan India Private Limited
Data last updated:
Bancan India Private Limited is a private limited company based in Delhi, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 08 November 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U17299DL2021PTC389432. Its GSTIN is 07AAKCB2811K1ZP (Delhi).
The company has an authorised share capital of ₹2.51 Cr and a paid-up capital of ₹2.51 Cr. It is led by directors Mukesh Kumar Bansal and Chirag Mukesh Bansal.
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 Shop No – 266 Azad Market, Delhi, India – 110006.
As per the financials filed for FY 2025, the company reported a revenue of ₹99.32 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹36.66 Lakh (net margin 0.4%) and EBITDA of ₹1.06 Cr (EBITDA margin 1.1%).
As per MCA filings, the company has open charges of ₹9 Cr on record.
Bancan India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-01-0023796).
Company details
CIN U17299DL2021PTC389432
Registration Number 389432
Incorporation Date 08 November 2021
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-DL-01-0023796
Recognitions & Rankings of Bancan India
Contact details
Bancan India Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No – 266 Azad Market, Delhi, India – 110006
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Bancan India Private Limited, buy the company report.
Comprehensive company report
Bancan India 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
Business activity
The main business activity of Bancan India is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Bancan India Private Limited, buy the company report.
Financials of Bancan India Private Limited
FY 2025 filings availableBancan India Private Limited reported revenue of ₹99.32 Cr (down 15% YoY) for FY 2025.
Revenue · FY 2025
₹99.32 Cr ▼ 15%
Net profit · FY 2025
₹36.66 Lakh margin 0.4%
EBITDA · FY 2025
₹1.06 Cr margin 1.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 15%
EBITDA CAGR growth
1 year
▲ 80%
3 years · compounded
▲ 719%
Revenue fell 15% in the latest year. EBITDA rose 80% 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 |
|---|---|---|---|---|
| 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 | ₹1.06 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹36.66 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 1.1% | |||
| Net Profit Margin | 0.4% | |||
| 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 Bancan India Private Limited, buy the company report.
Board of directors of Bancan India Private Limited
Bancan India has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukesh Kumar Bansal Also directs: Bancan Bharat Private Limited | Director | 08 Nov 2021 | 4 Years 11 Months | Current |
| Chirag Mukesh Bansal Also directs: Bancan Bharat Private Limited, Isb Plasticraft LLP | Director | 08 Nov 2021 | 4 Years 11 Months | Current |
Peer comparison
Bancan India Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trade, except of motor vehicles and motorcycles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sunny Iron and Steel Processors Private Limited | ₹101.09 Cr (FY 2025) | 23.0% | Delhi, India | |||
| A. S. Yarn Tex Private Limited | ₹100.96 Cr (FY 2025) | -27.0% | Kolkata, West Bengal, India | |||
| Aggarwal Dress Materials Private Limited | ₹99.7 Cr (FY 2025) | -1.0% | New Delhi, Delhi, India | |||
| Bancan India Private Limitedthis company | ₹99.32 Cr (FY 2025) | ₹36.66 Lakh | 0.4% | -15.0% | Delhi, India | |
| Pry Fashion Private Limited | ₹98.15 Cr (FY 2025) | 183.0% | Tirupur, Tamil Nadu, India |
To see the full peer comparison of Bancan India Private Limited, buy the company report.
Auditor
Bancan India Private Limited is audited by S.B.G.&CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.B.G.&CO. | FY 2023 | 001818N |
Shareholding
The shareholding of Bancan India Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Bancan India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Mar 2024 | 100892912 | Canara Bank | ₹9 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Bancan India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bancan India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bancan India Private Limited has 1 active EPFO establishment as of Mar 29, 2024.
Active EPFO establishments
1
GST
Bancan India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAKCB2811K1ZP | Delhi | Active | 17 Oct 2022 |
To see the full GST registrations and return filing status of Bancan India Private Limited, buy the company report.
Recent activity
Bancan India Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Chirag Mukesh Bansal was appointed as Director on 08 Nov 2021.
AGM
Bancan India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Bancan India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge with Canara Bank amounted to Rs. 9.00 Cr with Charge ID 100892912 was registered on 07 Mar 2024.
Appointed
Chirag Mukesh Bansal was appointed as Director.
Appointed
Mukesh Kumar Bansal was appointed as Director.
Incorporation
08 Nov 2021
Bancan India Private Limited was registered on 08 Nov 2021 with Roc Delhi & aged 4 years 11 months as per MCA records.
Frequently asked questions
Bancan India is an active private limited company based in Delhi, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 08 November 2021 (5+ years old) and is registered under CIN U17299DL2021PTC389432.
Bancan India has 2 current directors:
- Mukesh Kumar Bansal - Director
- Chirag Mukesh Bansal - Director
The latest financial statements of Bancan India 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 2022 are in the company report.
The GSTIN of Bancan India is 07AAKCB2811K1ZP, registered in Delhi.
The CIN (Corporate Identification Number) of Bancan India is U17299DL2021PTC389432. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bancan India was incorporated on 08 November 2021, making it 5+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Bancan India by revenue are Sunny Iron and Steel Processors Private Limited, A. S. Yarn Tex Private Limited, Aggarwal Dress Materials Private Limited, Pry Fashion Private Limited, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trade, except of motor vehicles and motorcycles).
Chirag Mukesh Bansal was appointed as Director on 08 Nov 2021. Mukesh Kumar Bansal was appointed as Director on 08 Nov 2021.
Yes, Bancan India is registered as a small enterprise under Udyam registration (number: UDYAM-DL-01-0023796).
The registered office of Bancan India is at Shop No – 266 Azad Market, Delhi, India – 110006.
Bancan India operates in the home and lifestyle industry, in the textile retail and distribution segment.
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