Banas Steel Private Limited

Manufacturer and distributor of iron and steel products, including stainless steel, sheets, plates, and rods.

2009 | Banaskantha, Gujarat (India) | Active
Last Updated: October 23, 2024

Banas Steel Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.48 M
  • Company Age 15 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.25 Cr
  • Revenue Growth -8.94%
  • Profit Growth -92.81%
  • Ebitda -78.58%
  • Net Worth 26.49%
  • Total Assets 7.05%

About Banas Steel

Banas Steel Private Limited (BSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 October 2009 and has a history of 15 years and three months. Its registered office is in Banaskantha, Gujarat, 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 5.00 M and a paid-up capital of Rs 4.48 M.

The company currently has active open charges totaling ₹4.25 Cr.

Mohamadasafak Pathan, Ansarkhan Pathan, and Masuqkhan Pathan serve as directors at the Company.

Company Details

  • Location

    Banaskantha, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27109GJ2009PTC058428

  • Company No.

    058428

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Oct 2009

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing
Metals and Minerals

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

Board Members (3)

Name Designation Appointment Date Status
Mohamadasafak Pathan Country flag representing In Director 24-Aug-2019 Current
Ansarkhan Pathan Country flag representing In Director 26-Oct-2009 Current
Masuqkhan Pathan Country flag representing In Director 26-Oct-2009 Current

Financial Performance of Banas Steel.

Banas Steel Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 8.94% decrease. The company also saw a substantial fall in profitability, with a 92.81% decrease in profit. The company's net worth Soared by an impressive increase of 26.49%.

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
-8.94%
Revenue from Operations
-9.42%
Total Assets
7.05%
Profit or Loss
-92.81%
Net Worth
26.49%
EBITDA
-78.58%

What is the Ownership and Shareholding Structure of Banas Steel?

In 2023, Banas Steel had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹42.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Dena Bank : 2.75 Cr
  • City Union Bank Limited : 1.50 Cr

Latest Charge Details

Date Lender Amount Status
23 Apr 2024 City Union Bank Limited ₹1.50 Cr Open
13 Mar 2012 Dena Bank ₹2.75 Cr Open

How Many Employees Work at Banas Steel?

Banas Steel has a workforce of 4 employees as of Apr 02, 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 Banas Steel, 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 Banas Steel'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 Banas Steel

Recent activity within the organization

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 15.00 M with Charge ID 100914948 was registered on 23 Apr 2024.

    23 Apr 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Banas Steel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Mohamadasafak Isrilkhan Pathan was appointed as a Director was appointed as a Director on 24 Aug 2019 & has been associated with this company since 5 years 5 months .

    24 Aug 2019

  • Charges

    A charge with Dena Bank of Rs. 27.50 M registered on 13 Mar 2012 with Charge ID 10427551 was modified on 21 Mar 2012.

    21 Mar 2012

  • Charges

    A charge with Dena Bank amounted to Rs. 27.50 M with Charge ID 10427551 was registered on 13 Mar 2012.

    13 Mar 2012

Frequently asked questions

  • Banas Steel Private Limited was incorporated on 26 Oct 2009.

  • The authorized share capital of Banas Steel Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.48 M.

  • Currently 3 directors are associated with Banas Steel Private Limited.

    • Mohamadasafak Isrilkhan Pathan
    • Ansarkhan Mehmoodkhan Pathan
    • Masuqkhan Mehmudkhan Pathan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Banas Steel Private Limited is Plot No. 125-129 Gidc Estate, Chandisar India, Palanpur, Gujarat, 385510.

  • The corporate identification number (CIN) of Banas Steel Private Limited is U27109GJ2009PTC058428 and the company number is 058428 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Banas Steel Private Limited has fallen by -8.94%.

  • As Per 2023 financial reports, 4 employees are currently employed by Banas Steel Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Banas Steel Private Limited has experienced an upsurge of 26.49%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Banas Steel Private Limited amount to ₹ 4.25 Cr.

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