Baba Steels Private Limited

Manufacturer of bright steel bars, CHQ wires, and other steel products for automotive and machinery industries.

2004 | Raigarh, Maharashtra (India) | Active
Last Updated: October 24, 2024

Baba Steels Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.92 M
  • Company Age 21 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.48 Cr
  • Satisfied Charges ₹ 7.51 Cr
  • Revenue Growth 12.97%
  • Profit Growth 119.65%
  • Ebitda 388.90%
  • Net Worth 20.80%
  • Total Assets -8.75%

About Baba Steels

Baba Steels Private Limited (BSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 January 2004 and has a history of 21 years and one month. Its registered office is in Raigarh, Maharashtra, India.

The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.92 M.

The company currently has active open charges totaling ₹3.48 Cr. The company has closed loans amounting to ₹7.51 Cr, as per Ministry of Corporate Affairs (MCA) records.

Anil Agrawal, Sanjay Agrawal, Rajesh Agrawal, and Two other members serve as directors at the Company.

Company Details

  • Location

    Raigarh, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    babasteels.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27100MH2004PTC143986

  • Company No.

    143986

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Jan 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

What products or services does Baba Steels Private Limited offer?

Baba Steels Private Limited offers a wide range of products and services, including Metal and Alloy Wires, Steel Wire.

Who are the key members and board of directors at Baba Steels?

Board Members (5)

NameDesignationAppointment DateStatus
Sanjay Agrawal Country flag representing In Director 13-Jan-2004Current
Abhishek Agrawal Country flag representing In Director 07-Jun-2021Current
Anil Agrawal Country flag representing In Director 13-Jan-2004Current
Rajesh Agrawal Country flag representing In Director 13-Jan-2004Current
Soham Agarwal Country flag representing In Additional Director 01-Aug-2022Current

Financial Performance of Baba Steels.

Baba Steels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.97% increase. The company also saw a substantial improvement in profitability, with a 119.65% increase in profit. The company's net worth Soared by an impressive increase of 20.8%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • 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
12.97%
Revenue from Operations
14.40%
Total Assets
-8.75%
Profit or Loss
119.65%
Net Worth
20.80%
EBITDA
388.90%

What is the Ownership and Shareholding Structure of Baba Steels?

In 2023, Baba Steels had a promoter holding of 16.38% and a public holding of 83.62%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹34.83 M

Satisfied Charges

₹75.07 M

Charges Breakdown by Lending Institutions

  • Religare Finvest Limited : 2.42 Cr
  • Standard Chartered Bank : 0.81 Cr
  • Others : 0.20 Cr
  • Hdfc Bank Limited : 0.05 Cr

Latest Charge Details

DateLenderAmountStatus
21 Nov 2022Others₹2.00 MOpen
09 Mar 2022Hdfc Bank Limited₹0.53 MOpen
20 Jul 2020Standard Chartered Bank₹2.56 MOpen
27 Jun 2017Standard Chartered Bank₹5.50 MOpen
07 Dec 2015Religare Finvest Limited₹2.42 CrOpen

How Many Employees Work at Baba Steels?

Baba Steels has a workforce of 15 employees as of Apr 06, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Baba Steels, 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 Baba Steels'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.

Latest Updates, News, and FAQs on Baba Steels

Recent activity within the organization

  • Annual General Meeting

    Baba Steels Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Baba Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 2.00 M with Charge ID 100652017 was registered on 21 Nov 2022.

    21 Nov 2022

  • Director Appointment

    Soham Sanjay Agarwal was appointed as a Additional Director was appointed as a Additional Director on 01 Aug 2022 & has been associated with this company since 2 years 6 months .

    01 Aug 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.53 M with Charge ID 100552332 was registered on 09 Mar 2022.

    09 Mar 2022

  • Director Appointment

    Abhishek Sanjay Agrawal was appointed as a Director was appointed as a Director on 07 Jun 2021 & has been associated with this company since 3 years 8 months .

    07 Jun 2021

Frequently asked questions

  • Baba Steels Private Limited was incorporated on 13 Jan 2004.

  • The authorized share capital of Baba Steels Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.92 M.

  • Currently 5 directors are associated with Baba Steels Private Limited.

    • Anil Ramniwas Agrawal
    • Sanjay Ramnivas Agrawal
    • Rajesh Ramniwas Agrawal
    • Soham Sanjay Agarwal
    • Abhishek Sanjay Agrawal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Baba Steels Private Limited is Survey No. 102/2B Savroli Village Road Tal.-, Di St.-Raigad India, Khalapur, Maharashtra, 410202.

  • The corporate identification number (CIN) of Baba Steels Private Limited is U27100MH2004PTC143986 and the company number is 143986 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Baba Steels Private Limited is https://www.babasteels.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Baba Steels Private Limited has risen by 12.97%.

  • As Per 2023 financial reports, 15 employees are currently employed by Baba Steels Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Baba Steels Private Limited has experienced an upsurge of 20.80%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Baba Steels Private Limited amount to ₹ 3.48 Cr.

  • The most recent Balance Sheet for Baba Steels Private Limited was filed with the ROC on 31 Mar 2023.

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