Banshi Cotton Private Limited

Banshi Cotton Private Limited - manufacturing in Rajkot, Gujarat, India. FY 2026 financials & compliance.
CIN U17121GJ2006PTC049280 Incorporated 27 October 2006 ROC Ahmedabad HQ Rajkot, Gujarat, India
Active Private Limited Company manufacturing MSME · Small
Revenue · FY 2026
₹24.19 Cr
▼ 9% YoY
Net profit · FY 2026
₹20.43 Lakh
Net margin 0.8%
EBITDA · FY 2026
₹45.47 Lakh
EBITDA margin 1.9%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.46 Cr
Issued & subscribed
Open charges
₹9 Cr
Satisfied ₹100.85 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
3,485
Provident fund records

About Banshi Cotton Private Limited

Data last updated:

Banshi Cotton Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 27 October 2006 and has been in existence for over 20 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17121GJ2006PTC049280. Its GSTIN is 24AACCB9695D1ZK (Gujarat).

The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.46 Cr. It is led by directors including Viralkumar Kishorchandra Jivani and Kiritchandra Bhagvanlal Jivani.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 304 Center One Near Wockhardt Hospital Kalawad Road, Rajkot, Gujarat, India – 360005.

As per the financials filed for FY 2026, the company reported a revenue of ₹24.19 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹20.43 Lakh (net margin 0.8%) and EBITDA of ₹45.47 Lakh (EBITDA margin 1.9%). Revenue has declined at a compounded annual rate (CAGR) of 1% over five years.

The company has about 3,485 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹9 Cr and satisfied charges of ₹100.85 Cr on record. Court records list 11 cases involving the company, including 3 filed by the company and 8 filed against it; 9 cases are pending.

Banshi Cotton Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0022856). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U17121GJ2006PTC049280
Registration Number 049280
Incorporation Date 27 October 2006
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-20-0022856
Key People
Viralkumar Kishorchandra Jivani Director Kiritchandra Bhagvanlal Jivani Director Dharmesh Rameshchandra Jivani Director

Recognitions & Rankings of Banshi Cotton

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-20-0022856

Contact details

Banshi Cotton Private Limited's registered office is in Rajkot, Gujarat. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    304 Center One Near Wockhardt Hospital Kalawad Road, Rajkot, Gujarat, India – 360005
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Banshi Cotton Private Limited, buy the company report.

Comprehensive company report
Banshi Cotton 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
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Business activity

The main business activities of Banshi Cotton are manufacturing and support service to organizations. In detail, this covers manufacture of textiles and other support services to organizations. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing13Manufacture of textiles
NSupport service to OrganizationsN7Other support services to organizations

To see the full business activity and turnover split of Banshi Cotton Private Limited, buy the company report.

Financials of Banshi Cotton Private Limited

FY 2026 filings available

Banshi Cotton Private Limited reported revenue of ₹24.19 Cr (down 9% YoY) for FY 2026.

Revenue · FY 2026
₹24.19 Cr ▼ 9%
Net profit · FY 2026
₹20.43 Lakh margin 0.8%
EBITDA · FY 2026
₹45.47 Lakh margin 1.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 9%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▼ 16%
3 years · compounded
▼ 2%
5 years · compounded
▼ 5%

Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 9% fall in the latest year. EBITDA fell 16% 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 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹24.19 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹45.47 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹20.43 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 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin1.9%
Net Profit Margin0.8%
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 Banshi Cotton Private Limited, buy the company report.

Board of directors of Banshi Cotton Private Limited

Banshi Cotton has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Viralkumar Kishorchandra JivaniDirector09 Sep 200818 Years 2 MonthsCurrent
Kiritchandra Bhagvanlal JivaniDirector09 Sep 200818 Years 2 MonthsCurrent
Dharmesh Rameshchandra Jivani
Also directs: Heart House Hotel Private Limited, Infiniteworx Omnichannel Private Limited, Rajkot Builders Association and 1 more
Director09 Sep 200818 Years 2 MonthsCurrent
View all directors

Auditor

Banshi Cotton Private Limited is audited by FINAVA AND ASSOCIATES for the financial year 2026.

Auditor firmFinancial yearFirm registration number
FINAVA AND ASSOCIATESFY 2026117362W

Shareholding

The shareholding of Banshi Cotton Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2026FY 2025FY 2024FY 2023FY 2022
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Banshi Cotton Private Limited, buy the company report.

Charges & borrowings

Open charges
₹9 Cr
Satisfied charges
₹100.85 Cr
Breakdown by lending institutions
Others₹9.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
14 Jul 2021100475028Others₹2 CrOpen
24 Apr 2021100448796Others₹7 CrOpen
29 May 201410502234Idbi Bank Limited₹36.05 CrSatisfied
28 Mar 201410502286Idbi Bank Limited₹36.05 CrSatisfied
19 Jun 200910164261Hdfc Bank Limited₹19.3 CrSatisfied

To see the full charge records of Banshi Cotton Private Limited, buy the company report.

Total charge records: 6 View all charges

Credit ratings & regulatory alerts

Banshi Cotton Private Limited was last rated by Care on 02 Jun 2020.

Rating agencyRated onRating
Care02 Jun 2020

To see the full credit ratings and regulatory alerts of Banshi Cotton Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Banshi Cotton Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Banshi Cotton Private Limited has a workforce of 3,485 employees on its EPFO records as of Jun 2026.

Employee count
3,485
Employee growth
-99.8%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-278
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17
FY 2015-16
FY 2014-15
FY 2013-14
FY 2012-13

To see the full employee and EPFO history of Banshi Cotton Private Limited, buy the company report.

GST

Banshi Cotton has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AACCB9695D1ZKGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Banshi Cotton Private Limited, buy the company report.

Recent activity

Banshi Cotton Private Limited has 7 board changes on record since 2008: 3 appointments and 4 cessations. The latest: Jignesh Rasiklal Kotecha ceased to be Additional Director on 27 Oct 2008.

Filing
Banshi Cotton Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
AGM
Banshi Cotton Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100475028 was registered on 14 Jul 2021.
Charges
A charge with Others of Rs. 7.00 Cr registered on 24 Apr 2021 with Charge ID 100448796 was modified on 14 Jul 2021.
Charges
A charge registered on 29 May 2014 via Charge ID 10502234 with Idbi Bank Limited was fully satisfied on 11 Jun 2021.
Charges
A charge registered on 28 Mar 2014 via Charge ID 10502286 with Idbi Bank Limited was fully satisfied on 11 Jun 2021.
Charges
A charge with Others amounted to Rs. 7.00 Cr with Charge ID 100448796 was registered on 24 Apr 2021.
Charges
A charge with Idbi Bank Limited amounted to Rs. 36.05 Cr with Charge ID 10502234 was registered on 29 May 2014.
Charges
A charge registered on 19 Jun 2009 via Charge ID 10164261 with Hdfc Bank Limited was fully satisfied on 24 Apr 2014.
Charges
A charge with Idbi Bank Limited amounted to Rs. 36.05 Cr with Charge ID 10502286 was registered on 28 Mar 2014.
Charges
A charge with Hdfc Bank Limited of Rs. 19.30 Cr registered on 19 Jun 2009 with Charge ID 10164261 was modified on 18 Oct 2013.
Charges
A charge registered on 03 Oct 2007 via Charge ID 10096378 with State Bank Of India was fully satisfied on 29 Jun 2009.

11 earlier events are in the company report.

Frequently asked questions

Banshi Cotton is an active private limited company based in Rajkot, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 27 October 2006 (20+ years old) and is registered under CIN U17121GJ2006PTC049280.

Banshi Cotton has 3 current directors:

The latest financial statements of Banshi Cotton on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Banshi Cotton is 24AACCB9695D1ZK, registered in Gujarat.

The CIN (Corporate Identification Number) of Banshi Cotton is U17121GJ2006PTC049280. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Banshi Cotton has 11 court cases on record: 3 filed by the company and 8 filed against it. 9 are pending. Most are in the nclat.

Banshi Cotton was incorporated on 27 October 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Jignesh Rasiklal Kotecha ceased to be Additional Director on 27 Oct 2008. Mrudula Pravinchandra Kotecha ceased to be Director on 27 Oct 2008. Nayanaben Hasmukhbhai Kotecha ceased to be Director on 27 Oct 2008. Banshi Cotton has 7 board changes on record in total.

Yes, Banshi Cotton is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-20-0022856).

The registered office of Banshi Cotton is at 304 Center One Near Wockhardt Hospital Kalawad Road, Rajkot, Gujarat, India – 360005.