About Basar Jewels Private Limited
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Basar Jewels Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 09 April 2007.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U36996MH2007PTC169785. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Abdul Khalique Basar and Huma Basar.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Shop No.3 131 Yusufmanzil Pandit Madan Mohan Malviya Marg Tardeo, Mumbai, Maharashtra, India – 400034.
As per the financials filed for FY 2019, the company reported a revenue of ₹13.69 Lakh, a decline of 65% compared to the previous year. For the same year it recorded a net loss of ₹381 (net margin 0%) and EBITDA of ₹2.69 Lakh (EBITDA margin 19.6%). Revenue has declined at a compounded annual rate (CAGR) of 66% over three years.
The last known website on record is basarjewels.com.
Company details
Contact details
Basar Jewels Private Limited's registered office is in Mumbai, Maharashtra. Its website is basarjewels.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressShop No.3 131 Yusufmanzil Pandit Madan Mohan Malviya Marg Tardeo, Mumbai, Maharashtra, India – 400034
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Basar Jewels 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 Basar Jewels is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Basar Jewels Private Limited, buy the company report.
Financials of Basar Jewels Private Limited
FY 2019 filings availableBasar Jewels Private Limited reported revenue of ₹13.69 Lakh (down 65% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 66% over three years, including a 65% fall in the latest year. EBITDA fell 33% 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
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| EBITDA | ₹2.69 Lakh | ||||
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| Net Profit (PAT) | -₹381 | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA Margin | 19.6% | ||||
| Net Profit Margin | 0% | ||||
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To see the full financial statements and ratios of Basar Jewels Private Limited, buy the company report.
Board of directors of Basar Jewels Private Limited
Basar Jewels has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abdul Khalique Basar | Director | 09 Apr 2007 | 19 Years 6 Months | As last reported |
| Huma Basar | Director | 09 Apr 2007 | 19 Years 6 Months | As last reported |
Auditor
Basar Jewels Private Limited is audited by C V K & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C V K & ASSOCIATES | FY 2018 | 101745W |
Shareholding
The shareholding of Basar Jewels Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Basar Jewels Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Basar Jewels 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 Basar Jewels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Basar Jewels 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 Basar Jewels Private Limited, buy the company report.
Recent activity
Basar Jewels Private Limited has 3 board changes on record since 2007: 2 appointments and 1 cessation. The latest: Uzair Basar ceased to be Director on 17 Mar 2015.
Frequently asked questions
Basar Jewels has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Basar Jewels was a private limited company based in Mumbai, Maharashtra, India. The company worked in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 09 April 2007 and is registered under CIN U36996MH2007PTC169785. The company has been struck off by the Registrar of Companies and is no longer operational.
Basar Jewels had 2 directors:
- Abdul Khalique Basar - Director
- Huma Basar - Director
The CIN (Corporate Identification Number) of Basar Jewels is U36996MH2007PTC169785. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Basar Jewels is at Shop No.3 131 Yusufmanzil Pandit Madan Mohan Malviya Marg Tardeo, Mumbai, Maharashtra, India – 400034.
Basar Jewels was incorporated on 09 April 2007. It is registered with the Registrar of Companies, Mumbai.
Basar Jewels can be reached through the website basarjewels.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Basar Jewels on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Basar Jewels has 1 GST registration on record and it is cancelled or inactive.
Basar Jewels operated in the consumer goods industry, in the jewelry and gemstone retail and distribution segment. It worked in this industry before it was struck off.