Bajaj Steel Industries Limited

Manufacturer of cotton ginning automation, machinery, spare parts, PEBs, and electrical panels.

1961 | Nagpur, Maharashtra (India) | Active
Last Updated: November 17, 2024

Bajaj Steel Industries Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 2.60 Cr
  • Company Age 64 Year, 7 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 203.04 Cr
  • Satisfied Charges ₹ 106.18 Cr
  • Revenue Growth 15.03%
  • Profit Growth 75.34%
  • Ebitda 64.43%
  • Net Worth 29.14%
  • Total Assets 9.27%

About Bajaj Steel Industries

Bajaj Steel Industries Limited (BSIL) was founded in India on 14 February 1961 and has a glorious history of 64 years . Its registered office is in Nagpur, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 507944.

The Corporate was formerly known as Bajaj Steel Industries Private Limited. The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 2.60 Cr.

The company currently has active open charges totaling ₹203.04 Cr. The company has closed loans amounting to ₹106.18 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Bajaj Steel Industries Limited India are Manish Sharma as CFO and Rachit Jain as Company Secretary. Rakesh Khator, Lav Bajaj, Sunil Bajaj, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    bajajngp.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L27100MH1961PLC011936

  • Company No.

    011936

  • Stock Symbol

    BSE : 507944

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Feb 1961

  • Date of AGM

    04 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Bajaj Steel Industries Limited offer?

Bajaj Steel Industries Limited offers a wide range of products and services, including Apparel & Textile Machinery, Textile Processing Machines, Industrial Air Conditioner & Devices, Air Ducts, Hydraulic & Pneumatic Machines, Hydraulic Baling Press, Material Cutting Services, CNC Cutting Service, Electrical Panels & Distribution Box, Electric Control Panel.

Who are the key members and board of directors at Bajaj Steel Industries?

Executive Team (3)

NameDesignationAppointment DateStatus
Manish Sharma Country flag representing In CFO01-Apr-2014Current
Rachit Jain Country flag representing In Company Secretary08-Jul-2022Current
Rohit Bajaj Country flag representing In Managing Director01-Jul-2009Current

Board Members (9)

NameDesignationAppointment DateStatus
Rakesh Khator Country flag representing In Director 17-Apr-2024Current
Gaurav Sarda Country flag representing In Director 01-Nov-2024Current
Bhanupriya Sharma Country flag representing In Director 14-Nov-2018Current
Lav Bajaj Country flag representing In Director 01-Nov-2024Current
Sunil Bajaj Country flag representing In Whole-Time Director 01-Oct-1985Current
Deepak Batra Country flag representing In Director 10-Oct-2023Current

Financial Performance of Bajaj Steel Industries.

Bajaj Steel Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.03% increase. The company also saw a substantial improvement in profitability, with a 75.34% increase in profit. The company's net worth Soared by an impressive increase of 29.14%.

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
15.03%
Revenue from Operations
14.88%
Total Assets
9.27%
Profit or Loss
75.34%
Net Worth
29.14%
EBITDA
64.43%

What is the Ownership and Shareholding Structure of Bajaj Steel Industries?

In 2023, Bajaj Steel Industries had a promoter holding of 47.69% and a public holding of 52.31%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹203.04 Cr

Satisfied Charges

₹106.18 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 193.04 Cr
  • Others : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
21 Aug 2024Hdfc Bank Limited₹1.27 MOpen
06 Aug 2024Hdfc Bank Limited₹1.75 MOpen
01 Aug 2024Hdfc Bank Limited₹2.98 MOpen
01 Aug 2024Hdfc Bank Limited₹4.37 MOpen
02 Nov 2023Hdfc Bank Limited₹15.00 CrOpen

How Many Employees Work at Bajaj Steel Industries?

Bajaj Steel Industries has a workforce of 260 employees as of Apr 08, 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 Bajaj Steel Industries, 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 Bajaj Steel Industries'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 Bajaj Steel Industries

Recent activity within the organization

  • Director Appointment

    Lav Bajaj was appointed as a Director was appointed as a Director on 01 Nov 2024 & has been associated with this company since 3 months 22 days .

    01 Nov 2024

  • Director Appointment

    Gaurav Damodar Sarda was appointed as a Director was appointed as a Director on 01 Nov 2024 & has been associated with this company since 3 months 22 days .

    01 Nov 2024

  • Annual General Meeting

    Bajaj Steel Industries Limited last Annual general meeting of members was held on 04 Sep 2024 as per latest MCA records.

    04 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.13 Cr with Charge ID 100970521 was registered on 21 Aug 2024.

    21 Aug 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 100961614 was registered on 06 Aug 2024.

    06 Aug 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.30 Cr with Charge ID 100963747 was registered on 01 Aug 2024.

    01 Aug 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Bajaj Steel Industries Limited was incorporated on 14 Feb 1961.

  • The authorized share capital of Bajaj Steel Industries Limited is ₹ 15.00 Cr and paid-up capital is ₹ 2.60 Cr.

  • Currently 12 directors are associated with Bajaj Steel Industries Limited.

    • Rakesh Kumar Khator
    • Lav Bajaj
    • Sunil Hargovind Bajaj
    • Gaurav Damodar Sarda
    • Deepak Rajendranath Batra
    • Raja Iyer
    • Bhanupriya Shriram Sharma
    • Manish Sharma
    • Rachit Rakesh Jain
    • Pankaj Krishnamurari Agrawal
    • Mahendra Kumar Mahavir Prasad Sharma
    • Rohit Hargovind Bajaj
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bajaj Steel Industries Limited is Plot No. C-108 Midc Industrial Area, Hingna India, Nagpur (Urban), Maharashtra, 440016.

  • The corporate identification number (CIN) of Bajaj Steel Industries Limited is L27100MH1961PLC011936 and the company number is 011936 as per Ministry of Corporate Affairs (MCA).

  • Yes, Bajaj Steel Industries Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Bajaj Steel Industries Limited is https://www.bajajngp.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bajaj Steel Industries Limited has risen by 15.03%.

  • As Per 2023 financial reports, 260 employees are currently employed by Bajaj Steel Industries Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bajaj Steel Industries Limited has experienced an upsurge of 29.14%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bajaj Steel Industries Limited amount to ₹ 203.04 Cr.

  • The most recent Balance Sheet for Bajaj Steel Industries Limited was filed with the ROC on 31 Mar 2024.

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