Banga Iron And Steel Private Limited

Manufactures metallurgy machinery since 2008, based in Ahmedabad, Gujarat.

2008 | Ahmedabad, Gujarat (India) | Active
Last Updated: July 18, 2024

Banga Iron And Steel Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 2.70 M
  • Company Age 16 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.50 Cr
  • Satisfied Charges ₹ 8.50 M
  • Revenue Growth 30.01%
  • Profit Growth 10.02%
  • Ebitda 31.70%
  • Net Worth 7.65%
  • Total Assets -21.47%

About Banga Iron And Steel

Banga Iron And Steel Private Limited (BIASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 June 2008 and has a history of 16 years and eight months. Its registered office is in Ahmedabad, Gujarat, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 2.70 M.

The company currently has active open charges totaling ₹2.50 Cr. The company has closed loans amounting to ₹8.50 M, as per Ministry of Corporate Affairs (MCA) records.

Bhupindersingh Banga and Jasvinderkaur Banga serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    bangairon.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27100GJ2008PTC054128

  • Company No.

    054128

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Jun 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

Who are the key members and board of directors at Banga Iron And Steel?

Board Members (2)

Name Designation Appointment Date Status
Bhupindersingh Banga Country flag representing In Director 04-Jun-2008 Current
Jasvinderkaur Banga Country flag representing In Director 10-Nov-2009 Current

Financial Performance of Banga Iron And Steel.

Banga Iron And Steel Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 30.01% increase. The company also saw a substantial improvement in profitability, with a 10.02% increase in profit. The company's net worth moved up by a moderate rise of 7.65%.

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
30.01%
Revenue from Operations
30.04%
Total Assets
-21.47%
Profit or Loss
10.02%
Net Worth
7.65%
EBITDA
31.70%

What is the Ownership and Shareholding Structure of Banga Iron And Steel?

In 2023, Banga Iron And 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

₹25.00 M

Satisfied Charges

₹8.50 M

Charges Breakdown by Lending Institutions

  • Kotak Mahindra Bank Limited : 2.50 Cr

Latest Charge Details

Date Lender Amount Status
30 Nov 2015 Kotak Mahindra Bank Limited ₹2.50 Cr Open
21 Jan 2010 Central Bank Of India ₹8.50 M Satisfied

How Many Employees Work at Banga Iron And Steel?

Unlock and access historical data on people associated with Banga Iron And Steel, 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 Banga Iron And 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 Banga Iron And 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 Banga Iron And Steel

Recent activity within the organization

  • Annual General Meeting

    Banga Iron And 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

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

    31 Mar 2023

  • Charges

    A charge registered on 21 Jan 2010 via Charge ID 10201342 with Central Bank Of India was fully satisfied on 24 Feb 2016.

    24 Feb 2016

  • Charges

    A charge with Kotak Mahindra Bank Limited amounted to Rs. 25.00 M with Charge ID 10617754 was registered on 30 Nov 2015.

    30 Nov 2015

  • Charges

    A charge with Central Bank Of India of Rs. 8.50 M registered on 21 Jan 2010 with Charge ID 10201342 was modified on 15 Jun 2011.

    15 Jun 2011

  • Charges

    A charge with Central Bank Of India amounted to Rs. 8.50 M with Charge ID 10201342 was registered on 21 Jan 2010.

    21 Jan 2010

Frequently asked questions

  • Banga Iron And Steel Private Limited was incorporated on 04 Jun 2008.

  • The authorized share capital of Banga Iron And Steel Private Limited is ₹ 5.00 M and paid-up capital is ₹ 2.70 M.

  • Currently 2 directors are associated with Banga Iron And Steel Private Limited.

    • Bhupindersingh Balbirsingh Banga
    • Jasvinderkaur Balbirsingh Banga
  • As per Ministry of Corporate Affairs (Mca), the registered address of Banga Iron And Steel Private Limited is 45 Nandan Baug Farm House Nr. Sardar Patel Ring Road Naroda Dehgam Road Bilassiya Nar, Oda, Ahmedabad, Gujarat, India, 380025.

  • The corporate identification number (CIN) of Banga Iron And Steel Private Limited is U27100GJ2008PTC054128 and the company number is 054128 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Banga Iron And Steel Private Limited is https://www.bangairon.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Banga Iron And Steel Private Limited has risen by 30.01%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Banga Iron And Steel Private Limited has experienced an upsurge of 7.65%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Banga Iron And Steel Private Limited amount to ₹ 2.50 Cr.

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

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