About Barracks Retail India Private Limited
Data last updated:
Barracks Retail India Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 25 January 2016.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2016PTC272362. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.25 Cr. It was formerly known as Barracks Lifestyle India Private Limited and Barracks Retail Private Limited. It is led by directors including Aashima Puneet Bhatia and Puneet Parshotamlal Bhatia.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Flat No103 Building No 27 Evershine Millenium Paradise Thakur Village Kandivali East, Mumbai, Maharashtra, India – 400101.
As per the financials filed for FY 2023, the company reported a revenue of ₹21.41 Lakh, a growth of 85% compared to the previous year. For the same year it recorded a net loss of ₹11.3 Lakh (net margin -52.8%) and EBITDA of -₹11.3 Lakh (EBITDA margin -52.8%). Revenue has declined at a compounded annual rate (CAGR) of 52% over five years.
The company is associated with 1 brand: BRIPL. As per MCA filings, the company has open charges of ₹36.84 Cr on record. Court records list 3 cases involving the company, including 3 filed against it.
The last known website on record is bripl.asia.
Company details
Name history
Barracks Retail India has undergone 3 name changes throughout its history. The company was previously known as Barracks Lifestyle India Private Limited, Barracks Retail Private Limited, and Efficient Globetex Private Limited. The current legal name is Barracks Retail India Private Limited.
| Company Name | Status |
|---|---|
| Barracks Retail India Private Limited | Current |
| Barracks Lifestyle India Private Limited | Previous |
| Barracks Retail Private Limited | Previous |
| Efficient Globetex Private Limited | Previous |
Contact details
Barracks Retail India Private Limited's registered office is in Mumbai, Maharashtra. Its website is bripl.asia. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFlat No103 Building No 27 Evershine Millenium Paradise Thakur Village Kandivali East, Mumbai, Maharashtra, India – 400101
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Barracks Retail India 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
Barracks Retail India operates one associated brand: BRIPL. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of apparel, fashion accessories, and related services in the textile industry. | bripl.asia |
Business activity
The main business activity of Barracks Retail India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Barracks Retail India Private Limited, buy the company report.
Financials of Barracks Retail India Private Limited
FY 2023 filings availableBarracks Retail India Private Limited reported revenue of ₹21.41 Lakh (up 85% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 85% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 52%. EBITDA rose 48% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹21.41 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹11.3 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹11.3 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -52.8% | ||||
| Net Profit Margin | -52.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Barracks Retail India Private Limited, buy the company report.
Board of directors of Barracks Retail India Private Limited
Barracks Retail India has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aashima Puneet Bhatia Also directs: Aastha Prints LLP, Touchwood Weaves Private Limited | Director | 05 Jun 2018 | 8 Years 4 Months | As last reported |
| Puneet Parshotamlal Bhatia Also directs: Aastha Prints LLP, Touchwood Weaves Private Limited | Director | 01 Dec 2016 | 9 Years 10 Months | As last reported |
| Ganesh Venkata Siva Rama Krishna Remani | Irp/Rp/Liquidator | 19 Feb 2024 | 2 Years 8 Months | As last reported |
Auditor
Barracks Retail India Private Limited is audited by Rishi Sekhri & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Rishi Sekhri & Associates | FY 2023 | 128216W |
Shareholding
The shareholding of Barracks Retail India Private Limited is on record for 5 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 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Barracks Retail India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2020 | 100352670 | Others | ₹3 Cr | Open | |
| 21 Mar 2020 | 100352667 | Others | ₹2.13 Lakh | Open | |
| 21 Mar 2020 | 100352674 | Others | ₹1.65 Lakh | Open | |
| 19 Mar 2020 | 100352680 | Others | ₹1.23 Cr | Open | |
| 19 Mar 2020 | 100352676 | Others | ₹15.41 Lakh | Open |
To see the full charge records of Barracks Retail India Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Barracks Retail India Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (1 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by State of Maharashtra | Disposed |
To see the full case history of Barracks Retail India 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 Barracks Retail India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Barracks Retail India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Barracks Retail India Private Limited, buy the company report.
Recent activity
Barracks Retail India Private Limited has 9 board changes on record since 2016: 3 appointments and 6 cessations. The latest: Ganesh Venkata Siva Rama Krishna Remani was appointed as Irp/Rp/Liquidator on 19 Feb 2024.
20 earlier events are in the company report.
Frequently asked questions
Barracks Retail India is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Barracks Retail India is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 25 January 2016 and is registered under CIN U74999MH2016PTC272362. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Barracks Retail India has 3 current directors:
- Aashima Puneet Bhatia - Director
- Puneet Parshotamlal Bhatia - Director
- Ganesh Venkata Siva Rama Krishna Remani - Irp/Rp/Liquidator
The latest financial statements of Barracks Retail India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2016 are in the company report.
The CIN (Corporate Identification Number) of Barracks Retail India is U74999MH2016PTC272362. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Barracks Retail India has open charges of ₹36.84 Cr and no satisfied charges on record as per latest MCA filings.
Barracks Retail India has 3 court cases on record: 3 filed against it.
Barracks Retail India was incorporated on 25 January 2016. It is registered with the Registrar of Companies, Mumbai.
Ganesh Venkata Siva Rama Krishna Remani was appointed as Irp/Rp/Liquidator on 19 Feb 2024. Aashima Puneet Bhatia ceased to be Additional Director on 29 Sep 2018. Aashima Puneet Bhatia was appointed as Director on 05 Jun 2018. Barracks Retail India has 9 board changes on record in total.
Barracks Retail India can be reached through the website bripl.asia. Its registered office is in Mumbai, Maharashtra, India.
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