The company was originally incorporated as Bansal Tradeworld Private Limited at Ahmedabad, Gujarat as a Private Limited Company under the provision of Companies Act, 1956 vide Certificate of Incorporation dated November 27, 2013 issued by the Registrar of Companies, Gujarat, Dadra and Nagar Havelli. The name of the company was changed to Bansal Multiflex Private Limited on August 24, 2016 vide a fresh Certificate of Incorporation issued by the Deputy ROC, Registrar of Companies, Ahmedabad, Gujarat. Subsequently the company was converted into a public limited company pursuant to special resolution passed by the members in Extraordinary General Meeting held on August 17, 2016 and the name of the company was changed to Bansal Multiflex Limited vide a Fresh Certificate of Incorporation dated September 01, 2016, issued by Deputy ROC, Registrar of Companies, Ahmedabad Gujarat.

The company procures fabric from traders, dealers or distributors through direct purchase from different parts of Ahmedabad. It resale the semi furnished fabric to retailers and manufacturers. It processes the grey cloth through job work and supplies the same to garment houses and apparel manufacturers with criteria with respect to dimension, colour fastness, etc. The company also caters to domestic chemical market as per the customers’ specifications and specializes in trading of chemical product like Linear Alkyl Benzene Euphonic Acid (LABSA) among other chemicals. LABSA is the largest-volume synthetic surfactant that is widely used in the formulation of Domestic Detergent Powder, Cake & Dish wash cleaners. It constitutes the formulation of industrial cleaners and also acts as emulsifier and coupling agent.

Business area of the company

The company is engaged in trading of cloth, different type of semi furnished fabrics, varieties of finished fabrics. Since December 2016, the company has also been engaged in trading of different type of chemicals primarily used in making detergent and soaps. It also engage services of third party job workers for processing of grey cloth which includes dying, bleaching, printing, drying etc. The company sells the semi-finished and finished product to garment houses for manufacturing of garments in the apparel industry. Its Product portfolio comprises of Grey fabric, Cotton Fabric, Dress materials, Matchings Twill Fabrics, Satin fabrics, Slub Satin Fabrics, Cotton Slub fabrics, Dobby fabrics, Meti fabrics, Jute Fabrics, Denim Fabric, Xford Fabrics, Rencho Fabrics, Micro Cotton Fabrics and Raymond Cotton Fabrics under the spectrum of fabric and cloth and Acid Slury (LABSA), AOS Chemicals, Caustic Flakes, Caustic Soda Flakes under the spectrum of chemicals.