About Garware Bestretch Limited
Data last updated: 24 July 2025
Garware Bestretch Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Garware Holdings Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It specialised in rubber-based products, a part of the broader manufacturing sector. Incorporated on 12 October 1994.
Registered with ROC Mumbai under CIN U24130MH1994PLC142451.
Capital: an authorised share capital of ₹17 Cr and a paid-up capital of ₹5.61 Cr. Formerly known as Bestretch Elastomers International Limited. It was led by directors including Praveen Purushottam Kadle and Chhaya Manoj Palrecha.
Last AGM: 21 September 2020. Financial statements filed for year ended 31 March 2020. Office: 2 – A(3) Maker Bhavan Ii Plot No. 18 New Marine Lines Cs No. 1433 Division – Fort, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2020, the company reported a revenue of ₹339.27 Cr, a growth of 3% compared to the previous year.
The company had a reported workforce of approximately 140 employees prior to being dissolved. It operated as a subsidiary of Garware Holdings Limited.
The company was associated with 1 brand - Garware Bestretch. As per MCA filings, the company had satisfied charges of ₹129.95 Cr on record.
The company has been merged (amalgamated) with another entity and no longer exists separately. Business activities, if any, continue under the successor entity. The last known website on record is garwarebeil.com.
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Registered Address2 – A(3) Maker Bhavan Ii Plot No. 18 New Marine Lines Cs No. 1433 Division – Fort, Mumbai, Maharashtra, India – 400020
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IndustryManufacturing, Rubber-Based Products
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Garware Bestretch Limited
Garware Bestretch Limited has one previous CIN (Corporate Identification Number): U24130MH2003PLC142451. The current CIN is U24130MH1994PLC142451, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24130MH1994PLC142451 | Current |
| U24130MH2003PLC142451 | Previous |
Associated Brands with Garware Bestretch Limited
Garware Bestretch Limited operates one associated brand: Garware Bestretch. These brands represent Garware Bestretch Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Contract manufacturing of plastic products is conducted for clients. | garwarebeil.com |
Competitors & Alternatives of Garware Bestretch Limited
Brands and companies operating in the same space as Garware Bestretch Limited include Radiant Design, Roni House Holds, MPH Group and 4 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Radiant Design
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Manufacturer and designer of injection molds and plastic products | Chennai, India, India | 2014 |
Roni House Holds
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Plastic products are manufactured under contract in India. | Jalgaon, India, India | 2017 |
MPH Group
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Manufactures plastic crates, bins, and storage solutions for industrial use. | New Delhi, India, India | 1980 |
Mascot Plastic Industries
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Manufactures and supplies precision plastic injection moulded parts to multiple sectors. | Vadodara, India, India | 2001 |
Panchmal Plastics
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Manufactures unbreakable plastic products for agriculture, construction, and household use. | Bengaluru, India, India | 2009 |
Druk Exporting
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Manufactures and exports ball pens, gel pens, and other writing instruments internationally. | Ahmedabad, India, India | 2016 |
Chemco
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Manufacturer of plastic packaging products | Mumbai, India, India | 1980 |
Business Activity of Garware Bestretch Limited
Garware Bestretch Limited is engaged in the principal business activity of manufacturing, with detailed activities including plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
Business activity turnover details for Garware Bestretch Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Garware Bestretch Limited
Garware Bestretch Limited is audited by P G BHAGWAT for the financial year 2020. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P G BHAGWAT | Locked | Locked | Locked |
Complete auditor history for Garware Bestretch 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 Garware Bestretch Limited
Garware Bestretch Limited is currently managed by 5 directors, with 16 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 |
|---|---|---|---|---|
|
Praveen Purushottam Kadle
Also directs:
Garware Fulflex India Private Limited, Shivakrtih Realtors Llp, Veedol Corporation Limited and 5 more
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Director | 21 Sep 2019 | 6 Years 11 Months | As last reported |
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Chhaya Manoj Palrecha
Also directs:
Universal Sompo General Insurance Company Limited
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Director | 01 Sep 2015 | 10 Years 11 Months | As last reported |
| Diya Garware Ibanez | Managing Director | 04 Oct 2004 | 21 Years 10 Months | As last reported |
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Sudhir Rajaram Pitre
Also directs:
Leafland Agro Tourism Private Limited, Garware Fulflex India Private Limited, Suramex Private Limited and 2 more
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Whole-Time Director | 04 Nov 2013 | 12 Years 9 Months | As last reported |
| Shreechandra Pandurang Raykar | Director | 16 Jun 2018 | 8 Years 2 Months | As last reported |
Financials of Garware Bestretch Limited FY 2020 filings available
Garware Bestretch Limited reported revenue of ₹339.27 Cr (up 3.00% YoY) for FY 2020.
Ten-year financial statements for Garware Bestretch Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
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Ownership and Shareholding of Garware Bestretch Limited
Shareholding and ownership data for Garware Bestretch Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Charges & Borrowings of Garware Bestretch Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jun 2016 | Others | ₹20.77 Lakh | Satisfied |
| 13 Apr 2016 | Others | ₹8.35 Lakh | Satisfied |
| 14 Mar 2016 | Others | ₹63 Lakh | Satisfied |
| 16 Sep 2004 | Others | ₹75 Cr | Satisfied |
| 30 Dec 2003 | Export-Import Bank of India | ₹7.7 Cr | Satisfied |
Total charge records: 17 View all charges
Employees and EPFO Compliance at Garware Bestretch Limited
Garware Bestretch Limited has a workforce of 140 employees as of Apr 05, 2024.
Employee and EPFO history for Garware Bestretch 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 Garware Bestretch Limited
GST registrations and filing compliance for Garware Bestretch 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 Garware Bestretch Limited
Credit ratings, litigation, and regulatory alerts for Garware Bestretch 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 Garware Bestretch Limited
MSME payment history for Garware Bestretch 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 Garware Bestretch Limited
Corporate group structure for Garware Bestretch 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 Garware Bestretch Limited
MCA filings and documents for Garware Bestretch 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 Garware Bestretch Limited
Frequently Asked Questions about Garware Bestretch Limited
Garware Bestretch Limited has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Garware Bestretch Limited is a amalgamated public limited company in the manufacturing sector based in Mumbai, Maharashtra, India. It was incorporated on 12 October 1994 and is registered under CIN U24130MH1994PLC142451. The company was amalgamated as per MCA records and no longer exists as a legal entity.
Garware Bestretch Limited was incorporated on 12 October 1994. Registered with ROC Mumbai.
The current directors of Garware Bestretch Limited are:
- Praveen Purushottam Kadle - Director
- Chhaya Manoj Palrecha - Director
- Diya Garware Ibanez - Managing Director
- Sudhir Rajaram Pitre - Whole-Time Director
- Shreechandra Pandurang Raykar - Director
The CIN (Corporate Identification Number) of Garware Bestretch Limited is U24130MH1994PLC142451. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The primary industry of Garware Bestretch Limited is manufacturing. The company specifically operates in rubber-based products.