- Category
- Small (2024-25)
- Udyam number
- UDYAM-UP-75-0020494

M.B. Sarees Private Limited
About M.B. Sarees Private Limited
Data last updated:
M.B. Sarees Private Limited is a private limited company based in Varanasi, Uttar Pradesh, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 15 October 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U17112UP1993PTC015826. Its GSTIN is 09AABCM5305N1ZA (Uttar Pradesh).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹2.49 Cr. It is led by directors including Nilesh Agarwal and Sanjeev Kumar Agrawal.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ck – 13/3 (1 – K) Katara Anup Sarrof Kunj Gali Varanasi, Uttar Pradesh, India – 221001.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.85 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹25.33 Lakh (net margin 1.3%) and EBITDA of ₹97.83 Lakh (EBITDA margin 5.2%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 8% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.21 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
M.B. Sarees Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-75-0020494). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of M.B. Sarees
Contact details
M.B. Sarees Private Limited's registered office is in Varanasi, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressCk – 13/3 (1 – K) Katara Anup Sarrof Kunj Gali Varanasi, Uttar Pradesh, India – 221001
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of M.B. Sarees 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 M.B. Sarees 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 M.B. Sarees Private Limited, buy the company report.
Financials of M.B. Sarees Private Limited
FY 2025 filings availableM.B. Sarees Private Limited reported revenue of ₹18.85 Cr (down 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA rose 13% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹97.83 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹25.33 Lakh | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.2% | ||||
| Net Profit Margin | 1.3% | ||||
| 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 M.B. Sarees Private Limited, buy the company report.
Board of directors of M.B. Sarees Private Limited
M.B. Sarees has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nilesh Agarwal Also directs: Shweta Infratech LLP | Director | 30 Mar 2016 | 10 Years 7 Months | Current |
| Sanjeev Kumar Agrawal Also directs: Shweta Infratech LLP, Siddheevinayak Infrazone LLP, Siddhee Vinayak Infrahome Private Limited and 2 more | Director | 15 Oct 1994 | 32 Years 0 Months | Current |
| Manju Agrawal | Director | 15 Oct 1993 | 33 Years 0 Months | Current |
Peer comparison
M.B. Sarees Private Limited is compared with the 5 companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution, Sarees), 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 |
|---|---|---|---|---|---|---|
| HM Clothing Private Limited | ₹19.05 Cr (FY 2025) | -43.0% | Bangalore, Karnataka, India | |||
| M L Aggarwal Hosiery Private Limited | ₹18.96 Cr (FY 2025) | 0.0% | Ludhiana, Punjab, India | |||
| Transbarrier Traders and Services Private Limited | ₹18.87 Cr (FY 2025) | 29.0% | Ernakulam, Kerala, India | |||
| M.B. Sarees Private Limitedthis company | ₹18.85 Cr (FY 2025) | ₹25.33 Lakh | 1.3% | -15.0% | 19 | Varanasi, Uttar Pradesh, India |
| Jhilimili Textile Private Limited | ₹18.84 Cr (FY 2025) | 0.0% | Bhubaneswar, Odisha, India | |||
| Nbazaar Retail Private Limited | ₹18.73 Cr (FY 2025) | 8.0% | Lucknow, Uttar Pradesh, India |
To see the full peer comparison of M.B. Sarees Private Limited, buy the company report.
Auditor
M.B. Sarees Private Limited is audited by V.K. JINDAL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.K. JINDAL & CO. | FY 2023 | 001468C |
Shareholding
The shareholding of M.B. Sarees Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of M.B. Sarees Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Dec 2024 | 101053491 | Hdfc Bank Limited | ₹20 Lakh | Open | |
| 24 Jan 2022 | 100556923 | Hdfc Bank Limited | ₹2.5 Cr | Open | |
| 06 Oct 2021 | 100536090 | Hdfc Bank Limited | ₹51.38 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
M.B. Sarees Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Varanasi, Uttar Pradesh | Criminal case | Filed against the company by State of U.P. | Disposed |
To see the full case history of M.B. Sarees 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 M.B. Sarees Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
M.B. Sarees Private Limited has a workforce of 19 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
M.B. Sarees has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AABCM5305N1ZA | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of M.B. Sarees Private Limited, buy the company report.
Recent activity
M.B. Sarees Private Limited has 10 board changes on record since 1993: 3 appointments and 7 cessations. The latest: Savitri Devi Agrawal ceased to be Director on 15 Jan 2022.
4 earlier events are in the company report.
Frequently asked questions
M.B. Sarees is an active private limited company based in Varanasi, Uttar Pradesh, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 15 October 1993 (33+ years old) and is registered under CIN U17112UP1993PTC015826.
M.B. Sarees has 3 current directors:
- Nilesh Agarwal - Director
- Sanjeev Kumar Agrawal - Director
- Manju Agrawal - Director
The latest financial statements of M.B. Sarees on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of M.B. Sarees is 09AABCM5305N1ZA, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of M.B. Sarees is U17112UP1993PTC015826. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
M.B. Sarees has 2 court cases on record: 2 filed against it.
M.B. Sarees was incorporated on 15 October 1993, making it 33+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
The peers of M.B. Sarees by revenue are HM Clothing Private Limited, M L Aggarwal Hosiery Private Limited, Transbarrier Traders and Services Private Limited, Jhilimili Textile Private Limited, Nbazaar Retail Private Limited, all in the Apparel industry (Apparel Retail and Distribution, Sarees), with the same principal business activity (wholesale trading).
Savitri Devi Agrawal ceased to be Director on 15 Jan 2022. Bhagawati Prasad Agrawal ceased to be Director on 12 Jan 2019. Shweta Bhuwalka ceased to be Director on 12 Jan 2019. M.B. Sarees has 10 board changes on record in total.
Yes, M.B. Sarees is registered as a small enterprise under Udyam registration (number: UDYAM-UP-75-0020494).
The registered office of M.B. Sarees is at Ck – 133 1 – K Katara Anup Sarrof Kunj Gali Varanasi, Uttar Pradesh, India – 221001.

