Bains Steels Private Limited

Steel manufacturing and sales, including wire rod and annealing of steel wire.

1996 | Ludhiana, Punjab (India) | Active
Last Updated:

Bains Steels Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.30 M
  • Company Age 29 Year, 20 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.33 Cr
  • Revenue Growth 22.67%
  • Profit Growth -3.51%
  • Ebitda -7.45%
  • Net Worth 46.79%
  • Total Assets 41.60%

About Bains Steels

Bains Steels Private Limited (BSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 March 1996 and has a history of 29 years. Its registered office is in Ludhiana, Punjab, India.

The Company is engaged in the Manufacturing 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 1.50 M and a paid-up capital of Rs 1.30 M.

The company currently has active open charges totaling ₹4.33 Cr.

Satinder Bains and Divyaveer Bains serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U13100PB1996PTC017813

  • Company No.

    017813

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Mar 1996

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing

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

Board Members (2)

NameDesignationAppointment DateStatus
Satinder Bains Country flag representing In Director 07-Mar-1996Current
Divyaveer Bains Country flag representing In Director 09-Jan-2019Current

Financial Performance of Bains Steels.

Bains Steels Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 22.67% increase. The company also saw a slight decrease in profitability, with a 3.51% decrease in profit. The company's net worth Soared by an impressive increase of 46.79%.

Bains Steels revenue growth over time
Bains Steels 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
22.67%
Revenue from Operations
22.63%
Total Assets
41.60%
Profit or Loss
-3.51%
Net Worth
46.79%
EBITDA
-7.45%

What is the Ownership and Shareholding Structure of Bains Steels?

Unlock access to Bains Steels's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹43.29 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 2.46 Cr
  • Uco Bank : 1.77 Cr
  • Punjab Financial Corporation : 0.10 Cr

Latest Charge Details

DateLenderAmountStatus
18 Dec 2006State Bank Of India₹2.46 CrOpen
31 Aug 2006Uco Bank₹1.77 CrOpen
22 Sep 1997Punjab Financial Corporation₹1.00 MOpen

How Many Employees Work at Bains Steels?

Bains Steels has a workforce of 6 employees as of Apr 04, 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.

Employee growth trends for Bains Steels Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bains 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 Bains 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 Bains Steels

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

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

  • Director Appointment

    Divyaveer Singh Bains was appointed as a Director was appointed as a Director on 09 Jan 2019 & has been associated with this company since 6 years 2 months .

  • Charges

    A charge with State Bank Of India of Rs. 24.60 M registered on 18 Dec 2006 with Charge ID 10035432 was modified on 27 May 2008.

  • Charges

    A charge with State Bank Of India amounted to Rs. 24.60 M with Charge ID 10035432 was registered on 18 Dec 2006.

  • Charges

    A charge with Uco Bank amounted to Rs. 17.69 M with Charge ID 10021360 was registered on 31 Aug 2006.

Frequently asked questions

  • What is the Incorporation or founding date of Bains Steels Private Limited?

    Bains Steels Private Limited was incorporated on 07 Mar 1996.

  • What is authorized share capital and paid-up capital of Bains Steels Private Limited?

    The authorized share capital of Bains Steels Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.30 M.

  • Who are the current board members & directors of Bains Steels Private Limited?

    Currently 2 directors are associated with Bains Steels Private Limited.

    • Satinder Paul Singh Bains
    • Divyaveer Singh Bains

  • What is the registered address of Bains Steels Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Bains Steels Private Limited is Mittal Kanda Lane, Industrial Area-C Dhandhari Kalan India, Ludhiana, Punjab, 141010.

  • What is the corporate identification number (CIN) and company number of Bains Steels Private Limited?

    The corporate identification number (CIN) of Bains Steels Private Limited is U13100PB1996PTC017813 and the company number is 017813 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Bains Steels Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Bains Steels Private Limited has risen by 22.67%.

  • How many employees does Bains Steels Private Limited currently have?

    As Per 2022 financial reports, 6 employees are currently employed by Bains Steels Private Limited.

  • What change has been observed in the net worth of Bains Steels Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Bains Steels Private Limited has experienced an upsurge of 46.79%.

  • What are the total open charges for Bains Steels Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Bains Steels Private Limited amount to ₹ 4.33 Cr.

  • When was the last Balance Sheet of Bains Steels Private Limited filed with the ROC?

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

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