Bhavesh Textile Private Limited
About Bhavesh Textile Private Limited
Data last updated:
Bhavesh Textile Private Limited was a private limited company based in Ahmedabad, Gujarat, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 28 August 2002.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17123GJ2002PTC041199. Its GSTIN is 24AABCB9369F2ZL (Gujarat). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Amaratlal Natvarlal Patel and Kirtikumar Amrutlal Patel.
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 04 New Bhagwati Clothmarket Paanch Kuva Kalupur, Ahmedabad, Gujarat, India – 380002.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.43 Cr, a decline of 48% compared to the previous year. For the same year it recorded a net loss of ₹24.39 Lakh (net margin -10%) and EBITDA of -₹16.72 Lakh (EBITDA margin -6.9%). Revenue has declined at a compounded annual rate (CAGR) of 176% over three years and 19% over five years.
As per MCA filings, the company had satisfied charges of ₹1.4 Cr on record.
Company details
Contact details
Bhavesh Textile Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address04 New Bhagwati Clothmarket Paanch Kuva Kalupur, Ahmedabad, Gujarat, India – 380002
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Bhavesh Textile 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 Bhavesh Textile is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Bhavesh Textile Private Limited, buy the company report.
Financials of Bhavesh Textile Private Limited
FY 2023 filings availableBhavesh Textile Private Limited reported revenue of ₹2.43 Cr (down 48% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 19% over five years, including a 48% fall in the latest year. EBITDA fell 189% 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 | -₹16.72 Lakh | ||||
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| Net Profit (PAT) | -₹24.39 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 | -6.9% | ||||
| Net Profit Margin | -10% | ||||
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To see the full financial statements and ratios of Bhavesh Textile Private Limited, buy the company report.
Board of directors of Bhavesh Textile Private Limited
Bhavesh Textile has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amaratlal Natvarlal Patel | Director | 28 Aug 2002 | 24 Years 2 Months | As last reported |
| Kirtikumar Amrutlal Patel | Director | 25 Feb 2020 | 6 Years 8 Months | As last reported |
Peer comparison
Bhavesh Textile Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bhavesh Textile Private Limitedthis company | ₹2.43 Cr (FY 2023) | -₹24.39 Lakh | -10% | -48.0% | Ahmedabad, Gujarat, India | |
| Kirti Barter Private Limited. | ₹2.43 Cr (FY 2016) | -38.0% | Howrah, West Bengal, India | |||
| Nafees Collections Private Limited | ₹2.43 Cr (FY 2025) | -31.0% | Maunath Bhanjan, Uttar Pradesh, India | |||
| Laxman Logistics Private Limited | ₹2.43 Cr (FY 2017) | -26.0% | Mumbai Central, Maharashtra, India |
To see the full peer comparison of Bhavesh Textile Private Limited, buy the company report.
Auditor
Bhavesh Textile Private Limited is audited by MEHTA PATEL & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MEHTA PATEL & CO | FY 2021 | 115312W |
Shareholding
The shareholding of Bhavesh Textile Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Bhavesh Textile Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Mar 2021 | 100427906 | Others | ₹1 Cr | Satisfied | |
| 17 Feb 2004 | 90110691 | The Navnirman Co-Operative Bank Limited | ₹40 Lakh | Satisfied |
To see the full charge records of Bhavesh Textile Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Bhavesh Textile Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bhavesh Textile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bhavesh Textile has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCB9369F2ZL | Gujarat | Active | 20 Jul 2020 |
To see the full GST registrations and return filing status of Bhavesh Textile Private Limited, buy the company report.
Recent activity
Bhavesh Textile Private Limited has 5 board changes on record since 2002: 2 appointments and 3 cessations. The latest: Kirtikumar Amrutlal Patel ceased to be Additional Director on 30 Sep 2020.
1 earlier event is in the company report.
Frequently asked questions
Bhavesh Textile has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Bhavesh Textile was a private limited company based in Ahmedabad, Gujarat, India. The company worked in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 28 August 2002 and is registered under CIN U17123GJ2002PTC041199. The company has been struck off by the Registrar of Companies and is no longer operational.
Bhavesh Textile had 2 directors:
- Amaratlal Natvarlal Patel - Director
- Kirtikumar Amrutlal Patel - Director
The CIN (Corporate Identification Number) of Bhavesh Textile is U17123GJ2002PTC041199. 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 Bhavesh Textile is at 04 New Bhagwati Clothmarket Paanch Kuva Kalupur, Ahmedabad, Gujarat, India – 380002.
Bhavesh Textile was incorporated on 28 August 2002. It is registered with the Registrar of Companies, Ahmedabad.
The latest financial statements of Bhavesh Textile 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.
The GSTIN of Bhavesh Textile is 24AABCB9369F2ZL, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Bhavesh Textile operated in the home and lifestyle industry, in the textile retail and distribution segment. It worked in this industry before it was struck off.
The peers of Bhavesh Textile by revenue are Kirti Barter Private Limited, Nafees Collections Private Limited, Laxman Logistics Private Limited, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Kirtikumar Amrutlal Patel ceased to be Additional Director on 30 Sep 2020. Manish Amaratlal Patel ceased to be Director on 29 Feb 2020. Vanitaben Manishkumar Patel ceased to be Director on 29 Feb 2020. Bhavesh Textile has 5 board changes on record in total.
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