Banashankari Pipes Private Limited

Manufactures and trades steel pipes for various industries, including automotive and construction.

2005 | Active
Last Updated: October 24, 2024

Banashankari Pipes Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 19 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.50 Cr
  • Revenue Growth 23.14%
  • Profit Growth 13.91%
  • Ebitda 45.52%
  • Net Worth 48.94%
  • Total Assets 42.07%

About Banashankari Pipes

Banashankari Pipes Private Limited (BPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 February 2005 and has a history of 19 years and 11 months. Its registered office is in Na, Karnataka.

The Corporate was formerly known as Kapila Pipes Private Limited. 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 0.50 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹1.50 Cr.

Neetu Chugh, Yogi Chugh, Prakash Chugh, and Two other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U27109KA2005PTC035602

  • Company No.

    035602

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Feb 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Manufacturing

What products or services does Banashankari Pipes Private Limited offer?

Banashankari Pipes Private Limited offers a wide range of products and services, including Steel Pipes, Black Steel Pipes, Galvanized Pipe, Galvanized Iron Pipes.

Who are the key members and board of directors at Banashankari Pipes?

Board Members (5)

Name Designation Appointment Date Status
Prakash Chugh Country flag representing In Director 14-Feb-2005 Current
Neetu Chugh Country flag representing In Director 14-Feb-2005 Current
Yogi Chugh Country flag representing In Director 14-Feb-2005 Current
Nicky Chugh Country flag representing In Director 14-Feb-2005 Current
Radha Chugh Country flag representing In Director 14-Feb-2005 Current

Financial Performance of Banashankari Pipes.

Banashankari Pipes Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.14% increase. The company also saw a substantial improvement in profitability, with a 13.91% increase in profit. The company's net worth Soared by an impressive increase of 48.94%.

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
23.14%
Revenue from Operations
23.88%
Total Assets
42.07%
Profit or Loss
13.91%
Net Worth
48.94%
EBITDA
45.52%

What is the Ownership and Shareholding Structure of Banashankari Pipes?

In 2023, Banashankari Pipes 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

₹15.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 1.50 Cr

Latest Charge Details

Date Lender Amount Status
29 Dec 2022 Others ₹5.00 M Open
17 Jul 2019 Others ₹1.00 Cr Open

How Many Employees Work at Banashankari Pipes?

Unlock and access historical data on people associated with Banashankari Pipes, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Banashankari Pipes, 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 Banashankari Pipes'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 Banashankari Pipes

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Banashankari Pipes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 5.00 M with Charge ID 100665836 was registered on 29 Dec 2022.

    29 Dec 2022

  • Charges

    A charge with Others amounted to Rs. 10.00 M with Charge ID 100277369 was registered on 17 Jul 2019.

    17 Jul 2019

  • Director Appointment

    Neetu Prakash Chugh was appointed as a Director was appointed as a Director on 14 Feb 2005 & has been associated with this company since 19 years 11 months .

    14 Feb 2005

  • Director Appointment

    Yogi Prakash Chugh was appointed as a Director was appointed as a Director on 14 Feb 2005 & has been associated with this company since 19 years 11 months .

    14 Feb 2005

Frequently asked questions

  • Banashankari Pipes Private Limited was incorporated on 14 Feb 2005.

  • The authorized share capital of Banashankari Pipes Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 5 directors are associated with Banashankari Pipes Private Limited.

    • Neetu Prakash Chugh
    • Yogi Prakash Chugh
    • Prakash B Chugh
    • Nicky Prakash Chugh
    • Radha Prakash Chugh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Banashankari Pipes Private Limited is No.166 Lalbagh Road4Th Cross Bangalore. Kartaka India, Na, Karnataka.

  • The corporate identification number (CIN) of Banashankari Pipes Private Limited is U27109KA2005PTC035602 and the company number is 035602 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Banashankari Pipes Private Limited is https://www.banashankaripipes.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Banashankari Pipes Private Limited has risen by 23.14%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Banashankari Pipes Private Limited has experienced an upsurge of 48.94%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Banashankari Pipes Private Limited amount to ₹ 1.50 Cr.

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