About Basantar Breweries Private Limited
Data last updated:
Basantar Breweries Private Limited is a private limited company based in Samba, Jammu And Kashmir, 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 alcoholic beverage manufacturing and distribution segment of the food and beverages sector. It was incorporated on 08 February 2013.
The company is registered with the Registrar of Companies (ROC), Jammu, under CIN U15122JK2013PTC003785. Its GSTIN is 01AAFCB3874M1ZL (Jammu and Kashmir). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹2.25 Cr and a paid-up capital of ₹2.25 Cr. It is led by directors Naveen Singh Asambyal (Managing Director) and Raj Slathia.
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 Basantar Group Of Industries Industrial Growth Centre SIDCO Phase – I, Samba, Jammu and Kashmir, India – 184121.
As per the financials filed for FY 2023, the company reported a revenue of ₹75.39 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net loss of ₹2.59 Lakh (net margin 0%) and EBITDA of ₹1.8 Cr (EBITDA margin 2.4%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years.
The company has about 17 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹51.65 Cr on record. Court records list 15 cases involving the company, including 9 filed by the company and 6 filed against it; 7 cases are pending.
The last known website on record is basantarbreweriespvtltd.blogspot.com.
Company details
Contact details
Basantar Breweries Private Limited's registered office is in Samba, Jammu And Kashmir. Its website is basantarbreweriespvtltd.blogspot.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBasantar Group Of Industries Industrial Growth Centre SIDCO Phase – I, Samba, Jammu and Kashmir, India – 184121
- IndustryFood and Beverages, Alcoholic Beverage Manufacturing & Distribution
To see the full contact details of Basantar Breweries 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
Business activity
The main business activity of Basantar Breweries is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Basantar Breweries Private Limited, buy the company report.
Financials of Basantar Breweries Private Limited
FY 2023 filings availableBasantar Breweries Private Limited reported revenue of ₹75.39 Cr (up 3% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 3% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 10%. EBITDA rose 32% 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 | ₹75.39 Cr | ||||
| Other Income | |||||
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| EBITDA | ₹1.8 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.59 Lakh | ||||
| Balance Sheet | |||||
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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 | 2.4% | ||||
| Net Profit Margin | 0% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Basantar Breweries Private Limited, buy the company report.
Board of directors of Basantar Breweries Private Limited
Basantar Breweries has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raj Slathia | Director | 08 Feb 2013 | 13 Years 8 Months | As last reported |
| Naveen Singh Asambyal | Managing Director | 08 Feb 2013 | 13 Years 8 Months | As last reported |
Peer comparison
Basantar Breweries Private Limited is compared with the 5 companies closest to it by revenue in the Food and Beverages industry (Alcoholic Beverages), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Brima Sagar Maharashtra Distilleries Limited | ₹77.97 Cr (FY 2025) | 26.0% | Mumbai, Maharashtra, India | |||
| Ravi Kumar Distilleries Limited | ₹77.9 Cr (FY 2025) | 18.0% | Puducherry, India | |||
| Lilasons Industries Limited | ₹76.12 Cr (FY 2025) | 4.0% | Bhopal, Madhya Pradesh, India | |||
| Basantar Breweries Private Limitedthis company | ₹75.39 Cr (FY 2023) | -₹2.59 Lakh | 0% | 3.0% | 17 | Samba, Jammu And Kashmir, India |
| Sengupta & Sengupta Pvt Ltd | ₹73.02 Cr (FY 2025) | 2.0% | Kolkata, West Bengal, India | |||
| Empire Alcobrev Private Limited | ₹70.16 Cr (FY 2025) | -60.0% | Chandigarh, India |
To see the full peer comparison of Basantar Breweries Private Limited, buy the company report.
Auditor
Basantar Breweries Private Limited is audited by V K SURI & CAO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V K SURI & CAO. | FY 2023 | 000646N |
Shareholding
The shareholding of Basantar Breweries 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Basantar Breweries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jan 2014 | 10479510 | The Jammu and Kashmir Bank Limited | ₹51.65 Cr | Open |
To see the full charge records of Basantar Breweries Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Basantar Breweries Private Limited has 15 court cases on record: 9 filed by Basantar Breweries, 6 filed against it. 7 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 1 | 4 |
| District courts | 5 | 4 | 3 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Jammu and Kashmir and Ladakh | Criminal miscellaneous application | Filed by the company against Jammu and Kashmir Bank Ltd. Th. Mandeep Dev Singh | Pending |
| High Court, JAMMUKASHMIR | Writ petition | Filed by the company against Jammu and Kashmir Bank Ltd. Th Its Chairman and Others | Pending |
| High Court, JAMMUKASHMIR | Criminal miscellaneous application | Filed by the company against Jammu and Kashmir Bank Limited Th Vice President Law Jammu | Pending |
| District court, Jammu, Jammu and Kashmir | Cheque dishonour complaint | Filed against the company by The Jammu and Kashmir Bank Ltd. | Pending |
| High Court, JAMMUKASHMIR | Writ petition | Filed by the company against The Jammu and Kashmir Bank Ltd. Th. Its Chairman and Others | Disposed |
To see the full case history of Basantar Breweries 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 Basantar Breweries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Basantar Breweries Private Limited has a workforce of 17 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Basantar Breweries has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 01AAFCB3874M1ZL | Jammu and Kashmir | Active | 26 Jul 2017 |
| 09AAFCB3874M1Z5 | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Basantar Breweries Private Limited, buy the company report.
Recent activity
Basantar Breweries Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Naveen Singh Asambyal was appointed as Managing Director on 08 Feb 2013.
Frequently asked questions
Basantar Breweries 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.
Basantar Breweries is a company under insolvency, formerly operating as a private limited company based in Samba, Jammu And Kashmir, India. The company works in alcoholic beverage manufacturing and distribution, within the food and beverages industry. It was incorporated on 08 February 2013 and is registered under CIN U15122JK2013PTC003785. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Basantar Breweries has 2 current directors:
- Naveen Singh Asambyal - Managing Director
- Raj Slathia - Director
The latest financial statements of Basantar Breweries 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Basantar Breweries is U15122JK2013PTC003785. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Basantar Breweries has open charges of ₹51.65 Cr and no satisfied charges on record as per latest MCA filings.
Basantar Breweries has 15 court cases on record: 9 filed by the company and 6 filed against it. 7 are pending. Most are in the high courts.
Basantar Breweries was incorporated on 08 February 2013. It is registered with the Registrar of Companies, Jammu.
The peers of Basantar Breweries by revenue are Brima Sagar Maharashtra Distilleries Limited, Ravi Kumar Distilleries Limited, Lilasons Industries Limited, Sengupta & Sengupta Pvt Ltd, Empire Alcobrev Private Limited, all in the Food and Beverages industry (Alcoholic Beverages), with the same principal business activity (food, beverages and tobacco products).
Naveen Singh Asambyal was appointed as Managing Director on 08 Feb 2013. Raj Slathia was appointed as Director on 08 Feb 2013.
Basantar Breweries can be reached through the website basantarbreweriespvtltd.blogspot.com. Its registered office is in Samba, Jammu And Kashmir, India.