About Bawree Fashions Private Limited
Data last updated:
Bawree Fashions Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Sanwree Bawree Fashions Private Limited. The company has been dissolved under section 54 as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the footwear retail and distribution segment of the consumer goods sector. It was incorporated on 11 April 2003.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U18100MH2003PTC140025. Its GSTIN is 27AACCB4613R1ZD (Maharashtra).
The company had an authorised share capital of ₹12 Cr and a paid-up capital of ₹1.4 Cr. It was formerly known as Bawree Fashions Limited. It was led by directors Mittal Dhiren Bheda and Dhiren Raghavji Bheda.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at T6 Vaishali Shopping Centres V Road Malad West, Mumbai, Maharashtra, India – 400064.
As per the financials filed for FY 2017, the company reported a revenue of ₹118.19 Cr, a decline of 29% compared to the previous year. For the same year it recorded a net loss of ₹13.66 Cr (net margin -11.6%) and EBITDA of -₹19.13 Lakh (EBITDA margin -0.2%).
The company had about 1 employee on its provident fund (EPFO) records before it was dissolved. Its group structure included 1 subsidiary.
The company was associated with 1 brand: Bawree. As per MCA filings, the company had open charges of ₹151.68 Cr and satisfied charges of ₹42.66 Cr on record. Court records list 42 cases involving the company, including 3 filed by the company and 39 filed against it; 11 cases are pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹9 Cr; the latest was in March 2017.
The last known website on record is bawree.com.
Company details
Contact details
Bawree Fashions Private Limited's registered office is in Mumbai, Maharashtra. Its website is bawree.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressT6 Vaishali Shopping Centres V Road Malad West, Mumbai, Maharashtra, India – 400064
- IndustryConsumer Goods, Footwear Retail & Distribution
To see the full contact details of Bawree Fashions 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
Bawree Fashions operates one associated brand: Bawree. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A direct-to-consumer brand offering ethnic wear for women. | bawree.com |
Business activity
The main business activity of Bawree Fashions 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 Bawree Fashions Private Limited, buy the company report.
Financials of Bawree Fashions Private Limited
FY 2018 filings availableBawree Fashions Private Limited reported revenue of ₹118.19 Cr (down 29% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 29% in the latest year. EBITDA fell 101% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹118.19 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹19.13 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹13.66 Cr | ||
| 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -0.2% | ||
| Net Profit Margin | -11.6% | ||
| 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 Bawree Fashions Private Limited, buy the company report.
Board of directors of Bawree Fashions Private Limited
Bawree Fashions has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mittal Dhiren Bheda Also directs: Saryu Impex Pvt Ltd, Sanwree Bawree Fashions Private Limited | Director | 29 Sep 2017 | 9 Years 1 Months | As last reported |
| Dhiren Raghavji Bheda Also directs: Dharrnna Bawree Fashions LLP, Rukhmani Bawree Fashions LLP, Saryu Impex Pvt Ltd and 1 more | Director | 11 Apr 2003 | 23 Years 6 Months | As last reported |
Auditor
Bawree Fashions Private Limited is audited by KASHYAP UMESH & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KASHYAP UMESH & ASSOCIATES | FY 2017 | 125097W |
Shareholding
The shareholding of Bawree Fashions 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 Bawree Fashions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jul 2016 | 100040787 | Hdfc Bank Limited | ₹4 Cr | Open | |
| 01 Jul 2016 | 100037701 | Standard Chartered Bank | ₹52.47 Cr | Open | |
| 30 Mar 2016 | 100030874 | Standard Chartered Bank | ₹56.47 Cr | Open | |
| 15 Oct 2015 | 10607332 | Religare Finvest Limited | ₹13.29 Cr | Open | |
| 30 Jul 2014 | 10525568 | Others | ₹25.45 Cr | Open |
To see the full charge records of Bawree Fashions Private Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Bawree Fashions Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹9 Cr; the latest was in March 2017.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Vijay Jagshi Chheda Huf, 3 individuals |
| Oct 2012 | Funding round | ₹9 Cr | Investors: Sanwree Bawree Fashions Private Limited , Raghvji H.Bheda Huf, 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Bawree Fashions Private Limited has 42 court cases on record: 3 filed by Bawree Fashions, 39 filed against it. 11 cases are pending and 31 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 41 | 38 | 11 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 42)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Raj Couture Pvt Ltd | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Shruti Embroidery Pvt Ltd | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by M/S Palak Fashion (P) Ltd | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by M/S. Gourisaria Collections (P) Ltd. | Pending |
| District court, Calcutta, West Bengal | Court case (CN) | Filed against the company by M/S Dev Darshan Designs P Ltd | Pending |
To see the full case history of Bawree Fashions 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 Bawree Fashions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Bawree Fashions has 1 subsidiary company. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Saryu Impex Pvt Ltd | U51900MH1992PTC067359 |
To see the full group structure of Bawree Fashions Private Limited, buy the company report.
Employees & EPFO
Bawree Fashions Private Limited has a workforce of 1 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Bawree Fashions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCB4613R1ZD | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bawree Fashions Private Limited, buy the company report.
Recent activity
Bawree Fashions Private Limited has 8 board changes on record since 2003: 2 appointments and 6 cessations. The latest: Mehul Sheth Maheshkumar ceased to be Additional Director on 29 Sep 2017.
19 earlier events are in the company report.
Frequently asked questions
Bawree Fashions has been "Dissolved Under Section 54" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Bawree Fashions was a private limited company based in Mumbai, Maharashtra, India. The company worked in footwear retail and distribution, within the consumer goods industry. It was incorporated on 11 April 2003 and is registered under CIN U18100MH2003PTC140025. The company is recorded as dissolved under section 54 in MCA records and no longer exists as a legal entity.
Bawree Fashions was incorporated on 11 April 2003. It is registered with the Registrar of Companies, Mumbai.
Bawree Fashions had 2 directors:
- Mittal Dhiren Bheda - Director
- Dhiren Raghavji Bheda - Director
The CIN (Corporate Identification Number) of Bawree Fashions is U18100MH2003PTC140025. 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 Bawree Fashions is at T6 Vaishali Shopping Centres V Road Malad West, Mumbai, Maharashtra, India – 400064.
Bawree Fashions can be reached through the website bawree.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Bawree Fashions on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Bawree Fashions is 27AACCB4613R1ZD, registered in Maharashtra.
Bawree Fashions operated in the consumer goods industry, in the footwear retail and distribution segment.