Banswara Syntex Limited was incorporated in the year 1976. While incorporation it was a joint sector company with RIICO Ltd. (A Govt. of Rajasthan Undertaking) and Mr. R.L.Toshniwal.  In 1982 Mr.Toshniwal purchased the shares from RIICO.  Presently it is a Public Limited Company, the promoters holding is 53.54% of Equity Share Capital.

Initially it was a spinning mill with 12500 spindles.  As the journey continued the Company completed expansion, diversification and modernization plans.  Over the last 3 decades, Company besides increasing the Spinning capacity to 143240 spindles started production of Fabric from 1993, Readymade Garments from 2004,  Made-up's and Worsted Spinning from 2008.  The Company also entered into Joint Venture with French Company Carreman in 2006.

The present installed capacity is 143240 Ring Spindles including 14400 Spindles for Worsted Yarn Spinning, 592 Air Jet Spindles, 250 Shuttles-less Looms, 24-Air Jet Jacquard Looms,  5 Stenters with processing capacity of 5 million meters per month, besides ready-made garment production capacity for trousers 2.70 lac pieces and 25000 pieces Jackets per month at Daman and Surat.

The Company also has a large dye house with latest technology machines for dyeing of fiber, yarn & wool 40 Tons/day. It also started the production of laminated & other type of technical fabrics for high altitude weather & also suitable for sports wear etc. The company has also started production of wool & wool mixed fabrics in the brand name of  "UNITY CARLO" for domestic supply. It is also supplying all wool & P/W fabrics world's most reputed brands all around the globe. Commenced generation of power on 2nd unit of Thermal Power Plant of 15 MW capacity.

The company has a track record of expanding, modernizing and diversifying its activities from time to time keeping in view the increasing demands, quality expectation of the customers, changing market requirements etc.

The company embarked on cloth weaving activity in the year 1993 by setting up a state-of-art weaving plant to manufacture quality fabrics in the brand name of BANTEX mainly for domestic market. The company manufacturing fabrics with Lycra purchased from international brand,  Dupont.  Banswara Syntex Limited exports its products to more than 50 countries including US, UK, Canada, Spain, Germany, Italy, France, Philippines, Turkey and GCC countries.

BSL again diversified its activities into Cotton spinning and Readymade Garment manufacturing in the year 2004. For Readymade Garments, a separate unit was set up at Daman (U.T.) to manufacture trousers in the brand name of INTEGRATION. Second Garmenting Unit was set up in SEZ at Surat.

In the year 2005, Banswara Textile Mills Ltd., an associate firm engaged in fabric finishing activity, amalgamated with the company. The Company is also introducing technical fabric and has setup coating unit for the same.

The company is a Government recognized Two Star Export House having IS/ISO 9001:2000 certification by the Bureau of Indian Standards.

BSL, backed by a fashion-savvy team with a motto of producing wide range of textile products with utmost quality consciousness, is exporting its products and has won several awards for its best export performance. It has continuously won highest Export Award  from SRTEPC for last 8 years in a row.

Recently launched fashion brand i.e. SaintX for both formal & casual wear - Fabric & Garments