Basa Silk Mills Pvt Ltd
About Basa Silk Mills Pvt Ltd
Data last updated:
Basa Silk Mills 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 19 May 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17116MH1993PTC072047. Its GSTIN is 27AAACB1641D1ZA (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹29.84 Lakh. It is led by directors Sonu Ranjeetkumar Kothari and Naresh Sagarmal Jain.
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 8/10 Telwadi 1st Floor Kalbadevi Road, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.32 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹13.37 Lakh (net margin 3.1%) and EBITDA of ₹25.48 Lakh (EBITDA margin 5.9%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 17% over five years.
Court records list 21 cases involving the company, including 19 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Basa Silk Mills Pvt Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address8/10 Telwadi 1st Floor Kalbadevi Road, Mumbai, Maharashtra, India – 400002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Basa Silk Mills Pvt Ltd, 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
Business activity
The main business activity of Basa Silk Mills is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Basa Silk Mills Pvt Ltd, buy the company report.
Financials of Basa Silk Mills Pvt Ltd
FY 2024 filings availableBasa Silk Mills Pvt Ltd reported revenue of ₹4.32 Cr (down 25% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 25% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA fell 22% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹25.48 Lakh | ||||
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| Net Profit (PAT) | ₹13.37 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 5.9% | ||||
| Net Profit Margin | 3.1% | ||||
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To see the full financial statements and ratios of Basa Silk Mills Pvt Ltd, buy the company report.
Board of directors of Basa Silk Mills Pvt Ltd
Basa Silk Mills has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sonu Ranjeetkumar Kothari | Director | 01 Sep 2012 | 14 Years 1 Months | Current |
| Naresh Sagarmal Jain Also directs: Moon Star Krafts Private Limited | Director | 12 Dec 2007 | 18 Years 10 Months | Current |
Peer comparison
Basa Silk Mills Pvt Ltd is compared with the 6 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sree Abirami Textiles Private Limited | ₹4.33 Cr (FY 2025) | 63.0% | Madurai, Tamil Nadu, India | |||
| Laavanjaipur Private Limited | ₹4.32 Cr (FY 2025) | -17.0% | Jaipur, Rajasthan, India | |||
| Jmhome Design Private Limited | ₹4.32 Cr (FY 2024) | 30.0% | Mumbai, Maharashtra, India | |||
| Rajaji Tilokchand Textiles Private Limited | ₹4.32 Cr (FY 2024) | -1.0% | Mumbai, Maharashtra, India | |||
| Basa Silk Mills Pvt Ltdthis company | ₹4.32 Cr (FY 2024) | ₹13.37 Lakh | 3.1% | -25.0% | Mumbai, Maharashtra, India | |
| Aananda Lakshmi Spinning Mills Limited | ₹4.32 Cr (FY 2025) | -36.0% | Secunderabad, Telangana, India | |||
| Umiya Garments Private Limited | ₹4.31 Cr (FY 2023) | -42.0% | Thane, Maharashtra, India |
To see the full peer comparison of Basa Silk Mills Pvt Ltd, buy the company report.
Auditor
Basa Silk Mills Pvt Ltd is audited by K DAVE & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K DAVE & CO | FY 2022 | 114718W |
Shareholding
The shareholding of Basa Silk Mills Pvt Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Basa Silk Mills Pvt Ltd, buy the company report.
Legal cases
Basa Silk Mills Pvt Ltd has 21 court cases on record: 19 filed by Basa Silk Mills, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 21 | 2 | 0 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CHOL) | Filed by the company against Lokmat Fabrics Pvt. Ltd. | Disposed |
| Bombay High Court | Court case (CHS) | Filed by the company against Lokmat Fabrics Pvt. Ltd. and Jagannath Nanakram (Applicants) and Anr | Disposed |
| Bombay High Court | Court case (RP) | Filed against the company by Lokmat Fabrics Pvt. Ltd. | Disposed |
| Bombay High Court | Court case (EXA) | Filed by the company against Lokmat Fabrics Pvt. Ltd. | Disposed |
| Bombay High Court | Court case (SJ) | Filed by the company against Lokmat Fabrics Pvt Ltd | Disposed |
To see the full case history of Basa Silk Mills Pvt Ltd, 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 Basa Silk Mills Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Basa Silk Mills has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACB1641D1ZA | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Basa Silk Mills Pvt Ltd, buy the company report.
Recent activity
Basa Silk Mills Pvt Ltd has 5 board changes on record since 2007: 2 appointments and 3 cessations. The latest: Sagarmal Chunilal Jain ceased to be Director on 07 Feb 2023.
Frequently asked questions
Basa Silk Mills 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 19 May 1993 (33+ years old) and is registered under CIN U17116MH1993PTC072047.
Basa Silk Mills has 2 current directors:
- Sonu Ranjeetkumar Kothari - Director
- Naresh Sagarmal Jain - Director
The latest financial statements of Basa Silk Mills 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 Basa Silk Mills is 27AAACB1641D1ZA, 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 Basa Silk Mills is U17116MH1993PTC072047. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Basa Silk Mills has 21 court cases on record: 19 filed by the company and 2 filed against it.
Basa Silk Mills was incorporated on 19 May 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Basa Silk Mills by revenue are Sree Abirami Textiles Private Limited, Laavanjaipur Private Limited, Jmhome Design Private Limited, Rajaji Tilokchand Textiles Private Limited, Aananda Lakshmi Spinning Mills Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Sagarmal Chunilal Jain ceased to be Director on 07 Feb 2023. Sachin Naresh Jain ceased to be Director on 17 Sep 2012. Sonu Ranjeetkumar Kothari was appointed as Director on 01 Sep 2012. Basa Silk Mills has 5 board changes on record in total.
The registered office of Basa Silk Mills is at 810 Telwadi 1st Floor Kalbadevi Road, Mumbai, Maharashtra, India – 400002.
Basa Silk Mills operates in the manufacturing industry, in the textile and fabric production segment.