About Best Textiles Limited.
Data last updated: 26 July 2025
Best Textiles Limited. is a public limited company based in New Delhi, Delhi, India, a subsidiary of Best Global Limited. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It specialises in textile and fabric production, a part of the broader manufacturing sector. Incorporated on 05 August 1996, the company has been in operation for over 30 years.
Registered with ROC Delhi under CIN U51390DL1996PLC157651.
Capital: an authorised share capital of ₹15 Cr and a paid-up capital of ₹9.85 Cr. Formerly known as Spank Marketing and Services Private Limited. It is led by directors including Ashok Rawat and Sanjeev Dhawan.
Last AGM: 29 September 2018. Financial statements filed for year ended 31 March 2018. Office: B – 85 Okhla Industrial Area Phase – Ii, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2017, the company reported a revenue of ₹71.38 Cr, a decline of 3% compared to the previous year.
The company has a workforce of approximately 10 employees as per the latest available data. It operates as a subsidiary of Best Global Limited. Its group structure includes 2 subsidiaries.
As per MCA filings, the company has open charges of ₹244.8 Cr and satisfied charges of ₹3.48 Cr on record.
The company is currently under liquidation - its assets are being sold to settle outstanding debts. It may lack the legal capacity to fulfil new agreements, and creditors are prioritised in the distribution of proceeds. The last known website on record is besttextiles.in.
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Registered AddressB – 85 Okhla Industrial Area Phase – Ii, New Delhi, Delhi, India – 110020
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IndustryManufacturing, Textile & Fabric Production
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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Business Activity of Best Textiles Limited.
Best Textiles Limited. is engaged in the principal business activity of manufacturing, with detailed activities including textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details for Best Textiles Limited.
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Best Textiles Limited.
Best Textiles Limited. is audited by GUNJAN AGRAWAL & ASSOCIATES for the financial year 2017. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GUNJAN AGRAWAL & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history for Best Textiles Limited.
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of Best Textiles Limited.
Best Textiles Limited. is currently managed by 3 directors, with 8 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Rawat | Director | 01 Feb 2017 | 9 Years 6 Months | As last reported |
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Sanjeev Dhawan
Also directs:
Best Natural Resources Limited, Best Global Limited, Salil Textiles Private Limited and 3 more
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Managing Director | 05 Aug 1996 | 30 Years 0 Months | As last reported |
| Rajvir Singh Kushwaha | Director | 20 Nov 2015 | 10 Years 8 Months | As last reported |
Financials of Best Textiles Limited. FY 2018 filings available
Best Textiles Limited. reported revenue of ₹71.38 Cr (down 3.00% YoY) for FY 2017.
Ten-year financial statements for Best Textiles Limited.
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
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Ownership and Shareholding of Best Textiles Limited.
Shareholding and ownership data for Best Textiles Limited.
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Group Structure of Best Textiles Limited.
Best Textiles Limited. has 2 subsidiary companies. This group structure data is as of FY 2018. The corporate group structure reflects Best Textiles Limited.'s business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Best Natural Resources Limited | U15144DL2008PLC181626 | Locked |
| Best Retail Limited | U52190DL2008PLC172820 | Locked |
Showing major subsidiaries. Total: 2.
Charges & Borrowings of Best Textiles Limited.
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jun 2014 | Oriental Bank of Commerce | ₹20 Cr | Open |
| 28 Feb 2013 | Oriental Bank of Commerce | ₹2 Cr | Open |
| 30 Jun 2011 | Oriental Bank of Commerce | ₹1 Cr | Open |
| 05 Sep 2009 | Oriental Bank of Commerce | ₹80 Lakh | Open |
| 13 Aug 2007 | Oriental Bank of Commerce | ₹10 Lakh | Open |
Total charge records: 8 View all charges
Employees and EPFO Compliance at Best Textiles Limited.
Best Textiles Limited. has a workforce of 10 employees as of Mar 26, 2024.
Employee and EPFO history for Best Textiles Limited.
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Best Textiles Limited.
GST registrations and filing compliance for Best Textiles Limited.
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Best Textiles Limited.
Credit ratings, litigation, and regulatory alerts for Best Textiles Limited.
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Best Textiles Limited.
MSME payment history for Best Textiles Limited.
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Best Textiles Limited.
Corporate group structure for Best Textiles Limited.
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Best Textiles Limited.
MCA filings and documents for Best Textiles Limited.
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Best Textiles Limited.
Frequently Asked Questions about Best Textiles Limited.
Best Textiles Limited. is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Best Textiles Limited. is a company under liquidation, formerly operating as a public limited company in the manufacturing sector based in New Delhi, Delhi, India. It was incorporated on 05 August 1996 and is registered under CIN U51390DL1996PLC157651. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Best Textiles Limited. reported revenue of ₹71.38 Cr for FY 2017 (down 3.00% YoY).
The current directors of Best Textiles Limited. are:
- Ashok Rawat - Director
- Sanjeev Dhawan - Managing Director
- Rajvir Singh Kushwaha - Director
The CIN (Corporate Identification Number) of Best Textiles Limited. is U51390DL1996PLC157651. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Best Textiles Limited. has open charges of ₹244.8 Cr and satisfied charges of ₹3.48 Cr as per latest MCA filings.