MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-25-0014589
Bestquest Industries Limited - manufacturing in Vapi, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹67.54 Cr
▲ 179% YoY
Net profit · FY 2020
₹2.41 Cr
Net margin 3.6%
EBITDA · FY 2020
₹3.46 Cr
EBITDA margin 5.1%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.6 Cr
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
33
Provident fund records
Directors on board
3
As per MCA filings
About Bestquest Industries Limited
Data last updated:
Bestquest Industries Limited is a public limited company based in Vapi, Gujarat, India. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 08 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U21015GJ2019PLC105939. Its GSTIN is 24AAICB2054J1ZU (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.6 Cr. It is led by directors including Mohdamjad Abdulmajid Hasmani (Managing Director) and Abdul Majid Kasam Hasmani (Whole-Time Director).
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 31 Sahara Market Ground Floor Imran Nagar Vap Silvasa Vapi, Gujarat, India – 396191.
As per the financials filed for FY 2020, the company reported a revenue of ₹67.54 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.41 Cr (net margin 3.6%) and EBITDA of ₹3.46 Cr (EBITDA margin 5.1%).
The company has about 33 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Best Quest Industries Ltd. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 2 cases are pending.
Bestquest Industries Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-25-0014589). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bestquestgroup.com.
Company details
CIN U21015GJ2019PLC105939
Registration Number 105939
Incorporation Date 08 January 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-25-0014589
Key People
Mohdamjad Abdulmajid Hasmani Managing Director Abdul Majid Kasam Hasmani Whole-Time Director Ashiyabanu Mohmed Amjad Hasmani Director Recognitions & Rankings of Bestquest Industries
Contact details
Bestquest Industries Limited's registered office is in Vapi, Gujarat. Its website is bestquestgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address31 Sahara Market Ground Floor Imran Nagar Vap Silvasa Vapi, Gujarat, India – 396191
- IndustryManufacturing, Paper & Packaging Products
To see the full contact details of Bestquest Industries Limited, buy the company report.
Comprehensive company report
Bestquest Industries Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Brands
Bestquest Industries operates one associated brand: Best Quest Industries Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of Kraft Paper and Starch for industrial applications in India. | bestquestgroup.com |
Financials of Bestquest Industries Limited
FY 2025 filings availableBestquest Industries Limited reported revenue of ₹67.54 Cr (up 179% YoY) for FY 2020.
Revenue · FY 2020
₹67.54 Cr ▲ 179%
Net profit · FY 2020
₹2.41 Cr margin 3.6%
EBITDA · FY 2020
₹3.46 Cr margin 5.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 179%
Revenue rose 179% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹67.54 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹3.46 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹2.41 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 2019-20 | FY 2018-19 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 5.1% | |
| Net Profit Margin | 3.6% | |
| 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 Bestquest Industries Limited, buy the company report.
Board of directors of Bestquest Industries Limited
Bestquest Industries has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohdamjad Abdulmajid Hasmani Also directs: Aurex Industries Limited | Managing Director | 08 Jan 2019 | 7 Years 10 Months | Current |
| Ashiyabanu Mohmed Amjad Hasmani Also directs: Aurex Industries Limited | Director | 08 Jan 2019 | 7 Years 10 Months | Current |
| Abdul Majid Kasam Hasmani Also directs: Aurex Industries Limited | Whole-Time Director | 08 Jan 2019 | 7 Years 10 Months | Current |
Auditor
Bestquest Industries Limited is audited by ANIL BANSAL & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANIL BANSAL & ASSOCIATES | FY 2020 | 100421W |
Shareholding
The shareholding of Bestquest Industries Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Bestquest Industries Limited, buy the company report.
Legal cases
Bestquest Industries Limited has 4 court cases on record: 2 filed by Bestquest Industries, 2 filed against it. 2 cases are pending and 2 are disposed.
Total cases
4
Filed by the company
2
Filed against the company
2
Pending
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 2 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Commercial matter | Filed against the company by Jayprakash Karamshibhai Patel Autho Per of Rawal Wasia Textile Industries Pvt Ltd | Pending |
| District court, Valsad, Gujarat | Commercial matter | Filed against the company by Muinuddin Badruddin Shaikh Prop. of M/S M B Enterprises | Pending |
| District court, Valsad, Gujarat | Court case (CMA SC) | Filed by the company against Muinuddin Badruddin Shaikh Prop. of M/S M B Enterprises and 1 other | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against The Chief Commissioner of State Tax and 5 others | Disposed |
To see the full case history of Bestquest Industries 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 Bestquest Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bestquest Industries has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICB2054J1ZU | Gujarat | Active | 22 Jan 2019 |
| 24AAICB2054J2ZT | Gujarat | Active | 12 Dec 2019 |
To see the full GST registrations and return filing status of Bestquest Industries Limited, buy the company report.
Recent activity
Bestquest Industries Limited has 5 board changes on record since 2019: 3 appointments and 2 cessations. The latest: Chirag Dilipkumar Shah ceased to be Director on 28 Jul 2020.
AGM
Bestquest Industries Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Bestquest Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Chirag Dilipkumar Shah ceased to be Director.
Ceased
Kishorbhai Ramubhai Bhandari ceased to be Director.
Appointed
Abdul Majid Kasam Hasmani was appointed as Whole-Time Director.
Appointed
Ashiyabanu Mohmed Amjad Hasmani was appointed as Director.
Appointed
Mohdamjad Abdulmajid Hasmani was appointed as Managing Director.
Incorporation
08 Jan 2019
Bestquest Industries Limited was registered on 08 Jan 2019 with Roc Ahmedabad & aged 7 years 10 months as per MCA records.
Frequently asked questions
Bestquest Industries is an active public limited company based in Vapi, Gujarat, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 08 January 2019 (7+ years old) and is registered under CIN U21015GJ2019PLC105939.
Bestquest Industries has 3 current directors:
- Mohdamjad Abdulmajid Hasmani - Managing Director
- Abdul Majid Kasam Hasmani - Whole-Time Director
- Ashiyabanu Mohmed Amjad Hasmani - Director
The latest financial statements of Bestquest Industries 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 FY 2019 are in the company report.
The GSTIN of Bestquest Industries is 24AAICB2054J1ZU, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAICB2054J2ZT (Gujarat).
The CIN (Corporate Identification Number) of Bestquest Industries is U21015GJ2019PLC105939. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bestquest Industries has 4 court cases on record: 2 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
Bestquest Industries was incorporated on 08 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Chirag Dilipkumar Shah ceased to be Director on 28 Jul 2020. Kishorbhai Ramubhai Bhandari ceased to be Director on 02 Jun 2020. Abdul Majid Kasam Hasmani was appointed as Whole-Time Director on 08 Jan 2019. Bestquest Industries has 5 board changes on record in total.
Yes, Bestquest Industries is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-25-0014589).
Bestquest Industries can be reached through the website bestquestgroup.com. Its registered office is in Vapi, Gujarat, India.
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