Bazari Synthetics Private Limited
About Bazari Synthetics Private Limited
Data last updated:
Bazari Synthetics Private Limited 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 02 March 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17110MH1998PTC113788. Its GSTIN is 27AAACB4601K1ZX (Maharashtra).
The company has an authorised share capital of ₹14 Cr and a paid-up capital of ₹11.72 Cr. It is led by directors Rakesh Agarwal Kishangopal and Nilesh Kisangopal Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Johri Mansion 3rd Floor259Kalbadevi Road, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.24 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹39.6 Lakh (net margin 6.3%) and EBITDA of ₹67.92 Lakh (EBITDA margin 10.9%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 8% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹55.24 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Bazari Synthetics Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressJohri Mansion 3rd Floor259Kalbadevi Road, Mumbai, Maharashtra, India – 400002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Bazari Synthetics 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 activities of Bazari Synthetics are manufacturing, trade and support service to organizations. In detail, this covers textile, leather and other apparel products, wholesale trading and other support services to organizations. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | |
| G | Trade | G1 | Wholesale Trading | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Bazari Synthetics Private Limited, buy the company report.
Financials of Bazari Synthetics Private Limited
FY 2025 filings availableBazari Synthetics Private Limited reported revenue of ₹6.24 Cr (down 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 5% fall in the latest year. EBITDA rose 91% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹67.92 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹39.6 Lakh | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.9% | ||||
| Net Profit Margin | 6.3% | ||||
| 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 Bazari Synthetics Private Limited, buy the company report.
Board of directors of Bazari Synthetics Private Limited
Bazari Synthetics 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 |
|---|---|---|---|---|
| Rakesh Agarwal Kishangopal | Director | 01 Jul 2002 | 24 Years 4 Months | Current |
| Nilesh Kisangopal Agarwal | Director | 01 Jul 2002 | 24 Years 4 Months | Current |
Peer comparison
Bazari Synthetics Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Vrishti Impex Private Limited | ₹6.25 Cr (FY 2025) | 13.0% | New Delhi, Delhi, India | |||
| Raunaq Fabrics Private Limited | ₹6.25 Cr (FY 2024) | 4.0% | Punjab, India | |||
| Mehta Clothing Private Limited | ₹6.25 Cr (FY 2025) | 9.0% | Ahmedabad, Gujarat, India | |||
| Blue Star Processors Private Limited | ₹6.25 Cr (FY 2025) | 34.0% | Ludhiana, Punjab, India | |||
| Elegant Textiles Private Limited | ₹6.25 Cr (FY 2017) | 84.0% | Panipat, Haryana, India | |||
| Bazari Synthetics Private Limitedthis company | ₹6.24 Cr (FY 2025) | ₹39.6 Lakh | 6.3% | -5.0% | 3 | Mumbai, Maharashtra, India |
| Sri Padmavathy Yarns India Private Limited | ₹6.22 Cr (FY 2024) | 3.0% | Tirupur, Tamil Nadu, India | |||
| Rajdhani Furnishing Private Limited | ₹6.22 Cr (FY 2024) | -8.0% | New Delhi, Delhi, India |
To see the full peer comparison of Bazari Synthetics Private Limited, buy the company report.
Auditor
Bazari Synthetics Private Limited is audited by N M AGARWAL & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N M AGARWAL & CO | FY 2017 | 100081W |
Shareholding
The shareholding of Bazari Synthetics Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Bazari Synthetics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Sep 2015 | 10613885 | Kotak Mahindra Bank Limited | ₹3.73 Cr | Satisfied | |
| 23 Jan 2013 | 10411633 | State Bank of India | ₹3.9 Cr | Satisfied | |
| 19 May 2009 | 10161349 | State Bank of India | ₹45.21 Cr | Satisfied | |
| 28 Jan 2006 | 80022700 | Bank of Baroda | ₹1.2 Cr | Satisfied | |
| 28 Jan 2006 | 80022701 | Bank of Baroda | ₹1.2 Cr | Satisfied |
To see the full charge records of Bazari Synthetics Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Bazari Synthetics Private Limited has 3 court cases on record: 3 filed by Bazari Synthetics. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against M/S Anjanimata Textiles and Ors and 2 others | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Ref-IDA) | Filed by the company against an individual | Disposed |
To see the full case history of Bazari Synthetics 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 Bazari Synthetics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bazari Synthetics Private Limited has a workforce of 3 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 3 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Bazari Synthetics Private Limited, buy the company report.
GST
Bazari Synthetics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACB4601K1ZX | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bazari Synthetics Private Limited, buy the company report.
Recent activity
Bazari Synthetics Private Limited has 3 board changes on record since 2002: 2 appointments and 1 cessation. The latest: Kishangopal Rameshwar Agarwal ceased to be Director on 25 Jan 2012.
8 earlier events are in the company report.
Frequently asked questions
Bazari Synthetics 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 02 March 1998 (28+ years old) and is registered under CIN U17110MH1998PTC113788.
Bazari Synthetics has 2 current directors:
- Rakesh Agarwal Kishangopal - Director
- Nilesh Kisangopal Agarwal - Director
The latest financial statements of Bazari Synthetics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Bazari Synthetics is 27AAACB4601K1ZX, registered in Maharashtra.
The CIN (Corporate Identification Number) of Bazari Synthetics is U17110MH1998PTC113788. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bazari Synthetics has 3 court cases on record: 3 filed by the company.
Bazari Synthetics was incorporated on 02 March 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Bazari Synthetics by revenue are Vrishti Impex Private Limited, Raunaq Fabrics Private Limited, Mehta Clothing Private Limited, Blue Star Processors Private Limited, Elegant Textiles Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Kishangopal Rameshwar Agarwal ceased to be Director on 25 Jan 2012. Nilesh Kisangopal Agarwal was appointed as Director on 01 Jul 2002. Rakesh Agarwal Kishangopal was appointed as Director on 01 Jul 2002.
The registered office of Bazari Synthetics is at Johri Mansion 3rd Floor259Kalbadevi Road, Mumbai, Maharashtra, India – 400002.
Bazari Synthetics operates in the manufacturing industry, in the textile and fabric production segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
