Bansal Aradhya Steel Private Limited

Manufacturer of tyre bead wires and other steel products in Karnataka.

1989 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

Bansal Aradhya Steel Profile

Key Indicators

  • Authorised Capital ₹ 48.00 Cr
  • Paid Up Capital ₹ 46.82 Cr
  • Company Age 36 Year, 28 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 225.31 Cr
  • Satisfied Charges ₹ 371.51 Cr
  • Revenue Growth 63.93%
  • Profit Growth 479.08%
  • Ebitda 69.61%
  • Net Worth 22.93%
  • Total Assets 0.64%

About Bansal Aradhya Steel

Bansal Aradhya Steel Private Limited (BASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 January 1989 and has a history of 36 years. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Aradhya Steel Wires 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 2024. It's a company limited by shares with an authorized capital of Rs 48.00 Cr and a paid-up capital of Rs 46.82 Cr.

The company currently has active open charges totaling ₹225.31 Cr. The company has closed loans amounting to ₹371.51 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Bansal Aradhya Steel Private Limited India is Lalit as COMPANY SECRETARY. Arun Gupta, Anita Gupta, Pranav Bansal, and Two other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U00361KA1989PTC009761

  • Company No.

    009761

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Jan 1989

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Manufacturing

What products or services does Bansal Aradhya Steel Private Limited offer?

Bansal Aradhya Steel Private Limited offers a wide range of products and services, including Metal and Alloy Wires, Binding Wire, Engineering and Shipping Ropes, Rope, Bobbin, Packaging Solutions, Goods Packaging Service, Industrial Steel, Spring Steel, Steel Wire.

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

Executive Team (1)

Name Designation Appointment Date Status
Lalit Company Secretary 30-May-2024 Current

Board Members (5)

Name Designation Appointment Date Status
Sonakshi Mittal Country flag representing In Director Current
Arun Gupta Country flag representing In Director 09-Oct-2020 Current
Anita Gupta Country flag representing In Director 09-Oct-2020 Current
Pranav Bansal Country flag representing In Director 09-Oct-2020 Current
Ankush Garg Country flag representing In Director 09-Oct-2020 Current

Financial Performance of Bansal Aradhya Steel.

Bansal Aradhya Steel Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 63.93% increase. The company also saw a substantial improvement in profitability, with a 479.08% increase in profit. The company's net worth Soared by an impressive increase of 22.93%.

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
63.93%
Revenue from Operations
63.90%
Total Assets
0.64%
Profit or Loss
479.08%
Net Worth
22.93%
EBITDA
69.61%

What is the Ownership and Shareholding Structure of Bansal Aradhya Steel?

In 2023, Bansal Aradhya Steel had a promoter holding of 97.00% and a public holding of 3.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹225.31 Cr

Satisfied Charges

₹371.51 Cr

Charges Breakdown by Lending Institutions

  • Others : 225.16 Cr
  • Canara Bank : 0.15 Cr

Latest Charge Details

Date Lender Amount Status
27 May 2024 Canara Bank ₹1.47 M Open
26 Sep 2023 Others ₹20.00 Cr Open
21 May 2021 Others ₹205.16 Cr Open
01 Mar 2019 Others ₹8.00 Cr Satisfied
30 Nov 2018 Others ₹5.00 Cr Satisfied

How Many Employees Work at Bansal Aradhya Steel?

Bansal Aradhya Steel has a workforce of 127 employees as of Apr 09, 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 Bansal Aradhya 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 Bansal Aradhya 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 Bansal Aradhya Steel

Recent activity within the organization

  • Annual General Meeting

    Bansal Aradhya Steel Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Lalit was appointed as a Company Secretary was appointed as a Company Secretary on 30 May 2024 & has been associated with this company since 8 months 9 days .

    30 May 2024

  • Charges

    A charge with Canara Bank amounted to Rs. 0.15 Cr with Charge ID 100972957 was registered on 27 May 2024.

    27 May 2024

  • Balance Sheet

    Bansal Aradhya Steel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100797306 was registered on 26 Sep 2023.

    26 Sep 2023

  • Charges

    A charge with Others of Rs. 205.16 Cr registered on 21 May 2021 with Charge ID 100453713 was modified on 01 Sep 2023.

    01 Sep 2023

Frequently asked questions

  • Bansal Aradhya Steel Private Limited was incorporated on 09 Jan 1989.

  • The authorized share capital of Bansal Aradhya Steel Private Limited is ₹ 48.00 Cr and paid-up capital is ₹ 46.82 Cr.

  • Currently 6 directors are associated with Bansal Aradhya Steel Private Limited.

    • Arun Gupta
    • Anita Gupta
    • Pranav Bansal
    • Ankush Garg
    • Lalit
    • Sonakshi Mittal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bansal Aradhya Steel Private Limited is 40/1A 5Th Floor Basappa Complex Lavelle Road, India, Bangalore, Karnataka, 560001.

  • The corporate identification number (CIN) of Bansal Aradhya Steel Private Limited is U00361KA1989PTC009761 and the company number is 009761 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bansal Aradhya Steel Private Limited is https://www.bansalwire.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bansal Aradhya Steel Private Limited has risen by 63.93%.

  • As Per 2023 financial reports, 127 employees are currently employed by Bansal Aradhya Steel Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bansal Aradhya Steel Private Limited has experienced an upsurge of 22.93%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bansal Aradhya Steel Private Limited amount to ₹ 225.31 Cr.

  • The most recent Balance Sheet for Bansal Aradhya Steel Private Limited was filed with the ROC on 31 Mar 2024.

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