Garware Bestretch Limited - Company Profile

It is a manufacturing public limited company based in Mumbai, Maharashtra, India, established in 1994.
1994 Mumbai, Maharashtra, India Amalgamated
Last Updated:
Access Report
About Garware Bestretch Limited

Garware Bestretch Limited, a amalgamated public limited company, was established on 12 October 1994 in Mumbai, Maharashtra, India. Engaging in rubber-based products within the manufacturing sector, it holds CIN: U24130MH1994PLC142451. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹17.00 Cr and a paid-up capital of ₹5.61 Cr.

Formerly known as Bestretch Elastomers International Limited. It upholds a compliant status. Employing 140 professional, Its leadership includes Praveen Purushottam Kadle (Director), Chhaya Manoj Palrecha (Director), Diya Garware Ibanez (Managing Director). Past directors included Shridhar Shrikrishna Rajpathak, Munesh Narinder Khanna, Praveen Purushottam Kadle. It holds no open charges and ₹129.95 Cr settled loans. Its latest AGM occurred on 21 September 2020, with the balance sheet filed on 31 March 2020. It is based at 2-A(3), Maker Bhavan Ii, Plot No. 18 New Marine Lines, Cs No. 1433, Division, - Fort, Mumbai, Maharashtra, 400020.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U24130MH1994PLC142451

  • Registration Number

    142451

  • Incorporation Date

    12 October 1994

  • Authorized Capital

    ₹17.00 Cr

  • Paid-Up Capital

    ₹5.61 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Amalgamated

Key Metrics
  • Authorised Capital ₹ 17.00 Cr
  • Paid Up Capital ₹ 5.61 Cr
  • Company Age 31 Year, 4 Months
  • Last Filing with ROC 31 Mar 2020
  • Satisfied Charges ₹ 129.95 Cr
  • Revenue Growth **** 1.54%
  • Profit Growth **** -5.73%
  • Ebitda **** -12.14%
  • Net Worth -21.16%
  • Total Assets -6.25%
Company report

Garware Bestretch Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Garware Bestretch Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report Banner Element
Who are the key members and board of directors at Garware Bestretch Limited?
Current Directors
Name Designation Appointment Date Status
Praveen Purushottam Kadle Director 21 Sep 2019 Current
Chhaya Manoj Palrecha Director 01 Sep 2015 Current
Diya Garware Ibanez Managing Director 04 Oct 2004 Current
Sudhir Rajaram Pitre Whole-Time Director 04 Nov 2013 Current
Shreechandra Pandurang Raykar Director 16 Jun 2018 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 14 May 2014 Past
Pramod Abcsdd Additional Director 25 Mar 2009 Past
Pramod Abcsdd Additional Director 21 Sep 2019 Past
Pramod Abcsdd Additional Director 29 Sep 2015 Past
Pramod Abcsdd Managing Director 01 Nov 2020 Past
Pramod Abcsdd Managing Director 30 Sep 2013 Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Garware Bestretch.

Garware Bestretch Limited, for the financial year ended 2020, experienced modest growth in revenue, with a 1.54% increase. The company also saw a slight decrease in profitability, with a 5.73% decrease in profit. The company's net worth observed a substantial decline by a decrease of 21.16%.

Garware Bestretch revenue growth over time
Garware Bestretch profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 1.54%
*******
*******
*******
*******
Revenue from Operations
*******
 0.11%
*******
*******
*******
*******
Total Assets
*******
 -6.25%
*******
*******
*******
*******
Profit or Loss
*******
 -5.73%
*******
*******
*******
*******
Net Worth
*******
 -21.16%
*******
*******
*******
*******
EBITDA
*******
 -12.14%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Garware Bestretch?

In 2020, Garware Bestretch had a promoter holding of 99.68% and a public holding of 0.33%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹1,299,512,000.00

Charges Breakdown by Lending Institutions
  • Others : 75.92 Cr
  • Export-Import Bank Of India : 26.15 Cr
  • Bank Of India Midcorp Branch Lead Bank : 15.00 Cr
  • Bank Of India : 7.15 Cr
  • Uti Bank Limited : 2.87 Cr
  • Others : 2.86 Cr
Latest Charge Details
Date Lender Amount Status
30 Jun 2016 Others ₹2.08 M Satisfied
13 Apr 2016 Others ₹0.84 M Satisfied
14 Mar 2016 Others ₹6.30 M Satisfied
16 Sep 2004 Others ₹75.00 Cr Satisfied
30 Dec 2003 Export-Import Bank Of India ₹7.70 Cr Satisfied

Explore comprehensive loan charge details -

How Many Employees Work at Garware Bestretch?

Garware Bestretch has a workforce of 140 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Garware Bestretch, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Garware Bestretch's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Garware Bestretch
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Garware Bestretch Limited last Annual general meeting of members was held on 21 Sep 2020 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Garware Bestretch Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Mumbai. was documented.

  • Director Appointment

    The activity Praveen Purushottam Kadle was appointed as a Director was appointed as a Director on 21 Sep 2019 & has been associated with this company since 6 years 4 months . was completed.

  • Charges

    A charge registered on 30 Jun 2016 via Charge ID 100059896 with Others was fully satisfied on 04 Jul 2019. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 13 Apr 2016 via Charge ID 100029218 with Others was fully satisfied on 18 Apr 2019. was documented.

  • Charges

    The activity A charge registered on 16 Sep 2004 via Charge ID 80010053 with Others was fully satisfied on 29 Mar 2019. was completed.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Garware Bestretch Limited?

The CIN of Garware Bestretch Limited is U24130MH1994PLC142451.

Where is Garware Bestretch Limited headquartered?

Garware Bestretch Limited is headquartered at 2-A(3), Maker Bhavan Ii, Plot No. 18 New Marine Lines, Cs No. 1433, Division, - Fort, Mumbai, Maharashtra, 400020.

When was Garware Bestretch Limited incorporated?

Garware Bestretch Limited was incorporated on 12 October 1994.

Who are the current directors of Garware Bestretch Limited?

The current directors of Garware Bestretch Limited are

What is the primary industry of Garware Bestretch Limited?

The primary industry of Garware Bestretch Limited is Manufacturing.

Is Garware Bestretch Limited a listed company?

Garware Bestretch Limited is unlisted.

What is the capital structure of Garware Bestretch Limited?

The authorized capital of Garware Bestretch Limited is ₹17.00 Cr, and the paid-up capital is ₹5.61 Cr.

What is the compliance status of Garware Bestretch Limited?

The compliance status of Garware Bestretch Limited is Compliant.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available