Bangad Steels Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
as on 23-10-2024
- Paid Up Capital ₹ 4.20 M
as on 23-10-2024
- Company Age 29 Year, 21 Days
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 1.06 Cr
as on 23-10-2024
- Revenue -4.70%
(FY 2023)
- Profit 64.87%
(FY 2023)
- Ebitda -1.36%
(FY 2023)
- Net Worth 1.85%
(FY 2023)
- Total Assets 6.75%
(FY 2023)
About Bangad Steels
The Company is engaged in the Metals And Minerals 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 Cr and a paid-up capital of Rs 4.20 M.
The company has closed loans amounting to ₹1.06 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Ramesh Bangad, Seema Jhawar, Pavan Kumar, and One other member serve as directors at the Company.
- CIN/LLPIN
U27109TG1995PTC022686
- Company No.
022686
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Dec 1995
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Bangad Steels?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramesh Bangad  | Managing Director | 22-Dec-1995 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Seema Jhawar | Director | 14-Aug-2023 | Current |
| Pavan Kumar | Whole-Time Director | 01-Apr-2013 | Current |
| Archana Bangad | Director | 14-Aug-2023 | Current |
Financial Performance of Bangad Steels.
Bangad Steels Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.7% decrease. The company also saw a substantial improvement in profitability, with a 64.87% increase in profit. The company's net worth moved up by a moderate rise of 1.85%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Bangad Steels?
In 2023, Bangad Steels had a promoter holding of 86.24% and a public holding of 13.76%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
The Karur Vysya Bank Ltd Creation Date: 18 May 2007 | ₹1.60 M | Satisfied |
Lakshmi Vilas Bank Limited Creation Date: 19 Aug 2003 | ₹9.00 M | Satisfied |
How Many Employees Work at Bangad Steels?
Unlock and access historical data on people associated with Bangad Steels, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Bangad 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 Bangad Steels's trajectory.
Rating
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
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.
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