BSFC Distributors Private Limited
About BSFC Distributors Private Limited
Data last updated:
BSFC Distributors Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 16 July 2013.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51109MH2013PTC245727. Its GSTIN is 27AADCJ4093N1Z2 (Maharashtra). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Junaid Trading Private Limited. It is led by directors including Vishal Rajenbhai Jariwala and Kavita Vishal Jariwala.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Unit No 21 4th Floor Air Conditioned Market Bldg Malviya Marg Tardeo Main Road, Mumbai, Maharashtra, India – 400034.
As per the financials filed for FY 2022, the company reported a revenue of ₹16.04 Cr, a growth of 43% compared to the previous year. For the same year it recorded a net loss of ₹1.18 Cr (net margin -7.4%) and EBITDA of -₹1.18 Cr (EBITDA margin -7.4%). Revenue has declined at a compounded annual rate (CAGR) of 35% over three years and 27% over five years.
As per MCA filings, the company has open charges of ₹35 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 1 case is pending.
Company details
Contact details
BSFC Distributors Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressUnit No 21 4th Floor Air Conditioned Market Bldg Malviya Marg Tardeo Main Road, Mumbai, Maharashtra, India – 400034
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of BSFC Distributors 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 BSFC Distributors 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 BSFC Distributors Private Limited, buy the company report.
Financials of BSFC Distributors Private Limited
FY 2022 filings availableBSFC Distributors Private Limited reported revenue of ₹16.04 Cr (up 43% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 43% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 27%. EBITDA fell 246% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹16.04 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.18 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.18 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -7.4% | ||||
| Net Profit Margin | -7.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 BSFC Distributors Private Limited, buy the company report.
Board of directors of BSFC Distributors Private Limited
BSFC Distributors has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishal Rajenbhai Jariwala | Director | 04 Jun 2015 | 11 Years 4 Months | As last reported |
| Kavita Vishal Jariwala | Director | 10 Feb 2017 | 9 Years 8 Months | As last reported |
| Lalit Kumar Dangi Arjunlal Also directs: Libord Finance Limited, Libord Securities Limited, Libord Exports Private Limited and 5 more | Irp/Rp/Liquidator | 28 Sep 2023 | 3 Years 0 Months | As last reported |
Peer comparison
BSFC Distributors Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| S R Yarn Private Limited | ₹16.13 Cr (FY 2024) | -29.0% | Delhi, India | |||
| M.K.Sarawgi Textiles Private Limited | ₹16.1 Cr (FY 2025) | 5.0% | Purulia, West Bengal, India | |||
| Elecom Exports P. Ltd. | ₹16.09 Cr (FY 2025) | -29.0% | Kolkata, West Bengal, India | |||
| BSFC Distributors Private Limitedthis company | ₹16.04 Cr (FY 2022) | -₹1.18 Cr | -7.4% | 43.0% | Mumbai, Maharashtra, India | |
| Zivon Lifestyle Private Limited | ₹15.97 Cr (FY 2025) | 91.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of BSFC Distributors Private Limited, buy the company report.
Auditor
BSFC Distributors Private Limited is audited by M M PARIKH & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M M PARIKH & CO | FY 2022 | 107557W |
Shareholding
The shareholding of BSFC Distributors Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of BSFC Distributors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Sep 2020 | 100382168 | Others | ₹35 Cr | Open |
Total charge records: 1 View all charges
Legal cases
BSFC Distributors Private Limited has 4 court cases on record: 2 filed by BSFC Distributors, 2 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 1 |
| NCLT | 1 | 0 | 0 |
| NCLAT | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, West Bengal | Civil suit | Filed against the company by Regaal Resources Private Limited | Pending |
| High Court, West Bengal | Civil suit | Filed against the company by Regaal Resources Pvt Ltd. | Disposed |
| NCLAT, Company Appeal(AT)(Ins) | Insolvency matter | Filed by the company against S. Kumar Nationwide Limited ;Undergoing Liquidation; ;Represented Through Its Liquidator Om Prakash Agrawal; and Anr. and 1 other | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed by the company against individuals | Disposed |
To see the full case history of BSFC Distributors 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 BSFC Distributors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
BSFC Distributors has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCJ4093N1Z2 | Maharashtra | Active | 01 Jul 2017 |
| 24AADCJ4093N1Z8 | Gujarat | Active | 16 Apr 2018 |
| 07AADCJ4093N1Z4 | Delhi | Active | 01 Sep 2019 |
| 06AADCJ4093N1Z6 | Haryana | Active | 28 Sep 2019 |
To see the full GST registrations and return filing status of BSFC Distributors Private Limited, buy the company report.
Recent activity
BSFC Distributors Private Limited has 9 board changes on record since 2015: 3 appointments and 6 cessations. The latest: Lalit Kumar Dangi Arjunlal was appointed as Irp/Rp/Liquidator on 28 Sep 2023.
1 earlier event is in the company report.
Frequently asked questions
BSFC Distributors is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
BSFC Distributors is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 16 July 2013 and is registered under CIN U51109MH2013PTC245727. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
BSFC Distributors has 3 current directors:
- Vishal Rajenbhai Jariwala - Director
- Kavita Vishal Jariwala - Director
- Lalit Kumar Dangi Arjunlal - Irp/Rp/Liquidator
The latest financial statements of BSFC Distributors on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of BSFC Distributors is U51109MH2013PTC245727. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
BSFC Distributors has open charges of ₹35 Cr and no satisfied charges on record as per latest MCA filings.
BSFC Distributors has 4 court cases on record: 2 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
BSFC Distributors was incorporated on 16 July 2013. It is registered with the Registrar of Companies, Mumbai.
The peers of BSFC Distributors by revenue are S R Yarn Private Limited, M.K.Sarawgi Textiles Private Limited, Elecom Exports P. Ltd, Zivon Lifestyle Private Limited, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Lalit Kumar Dangi Arjunlal was appointed as Irp/Rp/Liquidator on 28 Sep 2023. Kavita Vishal Jariwala ceased to be Additional Director on 30 Sep 2017. Prakash Ranka ceased to be Director on 10 Jun 2017. BSFC Distributors has 9 board changes on record in total.
The registered office of BSFC Distributors is at Unit No 21 4th Floor Air Conditioned Market Bldg Malviya Marg Tardeo Main Road, Mumbai, Maharashtra, India – 400034.