Bannari Amman Steels Private Limited

Manufacturer of MS ingots, selling in Kerala and Tamil Nadu with monthly capacity of 2,000-2,300 MT.

1993 | Palakkad, Kerala (India) | Active
Last Updated: January 13, 2025

Bannari Amman Steels Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.74 Cr
  • Company Age 31 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 11.85 Cr
  • Revenue Growth 77726.84%
  • Profit Growth -314.73%
  • Ebitda -94567.58%
  • Net Worth -7.54%
  • Total Assets -33.42%

About Bannari Amman Steels

Bannari Amman Steels Private Limited (BASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 April 1993 and has a history of 31 years and nine months. Its registered office is in Palakkad, Kerala, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.74 Cr.

The company currently has active open charges totaling ₹11.85 Cr.

Rangasamy Elangovan and Elangovan Kamalaveni serve as directors at the Company.

Company Details

  • Location

    Palakkad, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27104KL1993PTC007923

  • Company No.

    007923

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Apr 1993

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Metals and Minerals

Who are the key members and board of directors at Bannari Amman Steels?

Board Members (2)

Name Designation Appointment Date Status
Rangasamy Elangovan Country flag representing In Director 26-Apr-1993 Current
Elangovan Kamalaveni Country flag representing In Director 08-Feb-2005 Current

Financial Performance of Bannari Amman Steels.

Bannari Amman Steels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 77726.84% increase. The company also saw a substantial fall in profitability, with a 314.73% decrease in profit. The company's net worth dipped by a decrease of 7.54%.

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
77726.84%
Revenue from Operations
Total Assets
-33.42%
Profit or Loss
-314.73%
Net Worth
-7.54%
EBITDA
-94567.58%

What is the Ownership and Shareholding Structure of Bannari Amman Steels?

Unlock access to Bannari Amman Steels's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹11.85 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Federal Bank Ltd : 10.85 Cr
  • The Federal Bank Ltd. : 1.00 Cr

Latest Charge Details

Date Lender Amount Status
01 Mar 1995 The Federal Bank Ltd ₹10.85 Cr Open
01 Mar 1995 The Federal Bank Ltd. ₹1.00 Cr Open

How Many Employees Work at Bannari Amman Steels?

Unlock and access historical data on people associated with Bannari Amman Steels, 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 Bannari Amman 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 Bannari Amman Steels'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 Bannari Amman Steels

Recent activity within the organization

  • Annual General Meeting

    Bannari Amman Steels Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Balance Sheet

    Bannari Amman Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.

    31 Mar 2024

  • Charges

    A charge with The Federal Bank Ltd of Rs. 10.85 Cr registered on 01 Mar 1995 with Charge ID 80018656 was modified on 29 Mar 2014.

    29 Mar 2014

  • Director Appointment

    Elangovan Kamalaveni was appointed as a Director was appointed as a Director on 08 Feb 2005 & has been associated with this company since 19 years 11 months .

    08 Feb 2005

  • Charges

    A charge with The Federal Bank Ltd. of Rs. 1.00 Cr registered on 01 Mar 1995 with Charge ID 90022125 was modified on 21 Sep 1998.

    21 Sep 1998

  • Charges

    A charge with The Federal Bank Ltd. amounted to Rs. 1.00 Cr with Charge ID 90022125 was registered on 01 Mar 1995.

    01 Mar 1995

Frequently asked questions

  • Bannari Amman Steels Private Limited was incorporated on 26 Apr 1993.

  • The authorized share capital of Bannari Amman Steels Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.74 Cr.

  • Currently 2 directors are associated with Bannari Amman Steels Private Limited.

    • Rangasamy Elangovan
    • Elangovan Kamalaveni
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bannari Amman Steels Private Limited is No 333 Nallepilly Villagenattukkal Po Chittur Taluk India, Palakkad, Kerala, 678554.

  • The corporate identification number (CIN) of Bannari Amman Steels Private Limited is U27104KL1993PTC007923 and the company number is 007923 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bannari Amman Steels Private Limited has risen by 77726.84%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bannari Amman Steels Private Limited has experienced an downturn of -7.54%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bannari Amman Steels Private Limited amount to ₹ 11.85 Cr.

  • The most recent Balance Sheet for Bannari Amman Steels Private Limited was filed with the ROC on 31 Mar 2024.