Besto Textiles Private Limited
About Besto Textiles Private Limited
Data last updated:
Besto Textiles Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 19 September 1996.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U17110MH1996PTC102679. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8.66 Lakh. It was led by directors Ismailbhai Ebrahimbhai Electricwala (Managing Director) and Ibrahim Shaikh Akberali Electricwala.
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 was at 293 Dr Bhadkamkar Roadnear Grant Road Bridge Grant Road, Mumbai, Maharashtra, India – 400007.
As per the financials filed for FY 2023, the company reported a revenue of ₹16.31 Lakh, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹3.21 Lakh (net margin 19.7%) and EBITDA of ₹3.9 Lakh (EBITDA margin 23.9%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 8% over five years.
Court records list 5 cases involving the company, including 5 filed by the company.
Company details
Contact details
Besto Textiles Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address293 Dr Bhadkamkar Roadnear Grant Road Bridge Grant Road, Mumbai, Maharashtra, India – 400007
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Besto Textiles 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 Besto Textiles 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 Besto Textiles Private Limited, buy the company report.
Financials of Besto Textiles Private Limited
FY 2023 filings availableBesto Textiles Private Limited reported revenue of ₹16.31 Lakh (up 15% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 15% growth in the latest year. EBITDA fell 4% 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 |
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| EBITDA | ₹3.9 Lakh | ||||
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| Net Profit (PAT) | ₹3.21 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 23.9% | ||||
| Net Profit Margin | 19.7% | ||||
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To see the full financial statements and ratios of Besto Textiles Private Limited, buy the company report.
Board of directors of Besto Textiles Private Limited
Besto Textiles has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ibrahim Shaikh Akberali Electricwala | Director | 19 Sep 1996 | 30 Years 1 Months | As last reported |
| Ismailbhai Ebrahimbhai Electricwala Also directs: Besto Textiles LLP | Managing Director | 19 Sep 1996 | 30 Years 1 Months | As last reported |
Auditor
Besto Textiles Private Limited is audited by FATEHI & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| FATEHI & ASSOCIATES | FY 2017 | 102840W |
Shareholding
The shareholding of Besto Textiles 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 Besto Textiles Private Limited, buy the company report.
Legal cases
Besto Textiles Private Limited has 5 court cases on record: 5 filed by Besto Textiles. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (NMA) | Filed by the company against M/S. Estelle Estates Pvt. Ltd Mumbai and Three Others. | Disposed |
| Bombay High Court | Court case (CHOL) | Filed by the company against M/S. Estelle Estates Pvt. Ltd. and Ors. | Disposed |
| Bombay High Court | Court case (APP) | Filed by the company against M/S. Estelle Estates Pvt. Ltd Mumbai and Three Others. | Disposed |
| Bombay High Court | Court case (S) | Filed by the company against M/S. Estelle Estates Pvt. Ltd. and Ors. | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against M/S Estelle Estates Pvt. Ltd. and 3 Ors. | Disposed |
To see the full case history of Besto Textiles 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 Besto Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Besto Textiles 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 Besto Textiles Private Limited, buy the company report.
Recent activity
Besto Textiles Private Limited has 2 board changes on record since 1996: 2 appointments. The latest: Ibrahim Shaikh Akberali Electricwala was appointed as Director on 19 Sep 1996.
Frequently asked questions
Besto Textiles has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Besto Textiles was a private limited company based in Mumbai, Maharashtra, India. The company worked in other wholesale, within the trading industry. It was incorporated on 19 September 1996 and is registered under CIN U17110MH1996PTC102679. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Besto Textiles is U17110MH1996PTC102679. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Besto Textiles had 2 directors:
- Ismailbhai Ebrahimbhai Electricwala - Managing Director
- Ibrahim Shaikh Akberali Electricwala - Director
Besto Textiles was incorporated on 19 September 1996. It is registered with the Registrar of Companies, Mumbai.
The registered office of Besto Textiles is at 293 Dr Bhadkamkar Roadnear Grant Road Bridge Grant Road, Mumbai, Maharashtra, India – 400007.
The latest financial statements of Besto Textiles 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.
No. Besto Textiles has 1 GST registration on record and it is cancelled or inactive.
Besto Textiles operated in the trading industry, in the other wholesale segment.
Besto Textiles has 5 court cases on record: 5 filed by the company.