Company Intelligence Profile
Banswara Syntex Ltd
Banswara Syntex Ltd is a vertically integrated textile company established in 1976, one of the largest single-mill setups of fibre-dyed yarn in Asia.
Last updated 6 September 2026
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Deeper analysis, financial signals and peer comparisons.
Company Identity
Confirmed| Registered name | Banswara Syntex Ltd |
|---|---|
| CIN | L24302RJ1976PLC001684 |
| PAN | AAACB8403F |
| Status | Active |
| Listing |
|
| Incorporated | 05 May 1976 |
| ROC | RoC Rajasthan |
| Sector (NIC) | Manufacturing - Textiles (yarn, fabric, technical/automotive/fire-retardant fabric, readymade garments); vertically integrated textile mill |
| Registered address |
|
| Authorized capital | Rs 68.8-68.85 Cr |
| Paid-up capital | Rs 17.1-17.12 Cr |
Business Overview
Confirmed- Banswara Syntex Ltd is a vertically integrated textile company established in 1976, one of the largest single-mill setups of fibre-dyed yarn in Asia
- Product lines: synthetic and acrylic yarn, performance/technical/automotive/fire-retardant fabric, and readymade garments (jackets, trousers)
- Operates captive thermal power generation (30+ MW)
- Certified ISO 9001:2008 and ISO 14001:2004; recognized as a Three Star Export House
- Exports to 50+ countries; major clients cited on its own site include Uniqlo, Calvin Klein, Marks & Spencer, Next, and Zara
Directors
Partial / conflicting| Name | DIN | Role | Appointed |
|---|---|---|---|
| Shaleen Toshniwal | 00246432 | Managing Director | - |
| Rakesh Mehra | 00467321 | Whole-time Director & Chairman | - |
| Ravindrakumar Toshniwal | 00106789 | Managing Director | - |
| Jagdeesh Mal Mehta | 00847311 | Director | - |
| Rahul Mehta Narendra | - | Director | - |
| Kavita Soni | - | Whole-time Director | - |
| Ajay Sharma | - | Director | - |
| Narendra Kumar Anand Ambwani | - | Director | - |
| Udeypaul Singh Gill | - | Additional Director | - |
Financials
Partial / conflicting- Latest available: Revenue (Sales) Rs 1,356 Cr
- EBITDA ~Rs 183 Cr (Operating Profit Rs 130 Cr + Depreciation Rs 53 Cr)
- PAT Rs 28 Cr
- Net Worth Rs 581 Cr (Equity Capital Rs 17 Cr + Reserves Rs 564 Cr)
- Borrowings/Debt Rs 475 Cr. Status: partial
In the News
ConfirmedBanswara Syntex promoter group member sells 6,861 shares
scanx.trade · 16 days ago
Banswara Syntex Ltd Upgraded to Sell on Technical Improvements Despite Flat Financials
MarketsMojo · 18 days ago
Banswara Syntex Ltd. Shareholding Pattern – Promoters, FIIs & DIIs
Value Research · 21 days ago
Banswara Syntex Ltd. Peer Comparison – Compare with Others
Value Research · 21 days ago
Banswara Syntex Dips 1.33% to ₹116.88: Textile Stock Holds Above Key Support Zone - Rectangle Pattern
siam.in · 23 days ago
Headlines about Banswara Syntex Ltd reported by third-party publications. Recur Club does not author or endorse this coverage. Last checked 14 days ago.
Source: Google News aggregated headlines
Charges
Partial / conflicting- Per Tofler charges page - total open charges ~Rs 891.6 Cr across 6 charge holders, all currently open (no satisfied charges shown): PNB Investment Services Limited - 2 charges, Rs 804.2 Cr total, latest Rs 359.0 Cr dated 19 Sep 2025 (plus an earlier Rs 445.2 Cr entry dated 08 Dec 2023)
- Punjab National Bank - Rs 78.0 Cr, 12 Mar 2025
- Bank of Baroda - Rs 8.8 Cr, 15 Apr 2022
- The Industrial Credit & Investment Corp. of India Ltd. - Rs 0.1 Cr, 26 Feb 1982 (legacy, likely dormant/pre-satisfaction-filing era)
- Rajasthan State Industrial Development & Investment Corp
- Ltd. - Rs 0.5 Cr, 30 Oct 1981 (legacy)
- Note per data-source caveat: "no charges" would mean no open charges, not none ever - here charges are explicitly shown as open
- Single-source; not cross-verified
Legal
Partial / conflicting- Multiple historical cases found via Indian Kanoon, mostly tax/excise/customs disputes typical of a decades-old manufacturer, none indicating current insolvency or fraud proceedings: Banswara Syntex Ltd vs U.O.I. & Ors (10 Jan 2011, Rajasthan HC Jodhpur - amalgamation-status matter)
- Banswara Syntex Ltd vs Union of India (17 Jul 2007, Rajasthan HC Jaipur)
- Banswara Syntex Ltd vs Union of India (10 Oct 1994, Bombay HC - duty exemption, references sister company Banswara Fabrics Limited)
- Banswara Syntex Ltd vs Rajasthan State Electricity & Others (13 Mar 1992, Rajasthan HC Jaipur)
- Banswara Syntex Ltd vs The A.C.I.T. (22 Sep 2006, ITAT Jodhpur)
- Assistant CIT vs Banswara Syntex Ltd (22 Sep 2004, Rajasthan HC Jaipur)
- C.I.T. Udaipur vs M/S Banswara Syntex Ltd (15 Jan 2013, Rajasthan HC Jodhpur)
- M/S Banswara Syntex Ltd vs CCE, Jaipur-II (7 May 2015, CESTAT)
- Banswara Syntex Ltd vs Commissioner Central Excise (24 Sep 2018, Rajasthan HC Jodhpur)
- Source: indiankanoon.org search results
Competitors
Partial / conflictingFrequently Asked Questions
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