Banspani Iron Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 2.70 Cr
- Company Age 30 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 8.11 Cr
- Satisfied Charges ₹ 18.13 Cr
- Revenue Growth -12.46%
- Profit Growth -5.90%
- Ebitda -43.63%
- Net Worth 1.68%
- Total Assets 0.74%
About Banspani Iron
Banspani Iron Ltd (BIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 September 1994 and has a history of 30 years and five months. Its registered office is in Kendujhar, Odisha, India.
The Company is engaged in the Environment 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 10.00 Cr and a paid-up capital of Rs 2.70 Cr.
The company currently has active open charges totaling ₹8.11 Cr. The company has closed loans amounting to ₹18.13 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Banspani Iron Ltd India is Samish Mohanty as COMPANY SECRETARY. Saroj Patnaik, Ashutosh Mohanty, Hirak Mazumder, and One other member serve as directors at the Company.
Company Details
- Location
Kendujhar, Odisha, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U51420OR1994PLC003707
- Company No.
003707
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
16 Sep 1994
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Cuttack
Industry
Who are the key members and board of directors at Banspani Iron?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Samish Mohanty  | Company Secretary | 15-Jan-2002 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Saroj Patnaik | Whole-Time Director | 16-Sep-1994 | Current |
| Ashutosh Mohanty | Director | 30-Jun-2023 | Current |
| Hirak Mazumder | Director | 30-Jun-2023 | Current |
| Sandip De | Director | 30-Jun-2023 | Current |
Financial Performance of Banspani Iron.
Banspani Iron Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 12.46% decrease. The company also saw a slight decrease in profitability, with a 5.9% decrease in profit. The company's net worth moved up by a moderate rise of 1.68%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Banspani Iron?
In 2023, Banspani Iron had a promoter holding of 99.97% and a public holding of 0.03%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Stark Ridge Paper Private LimitedSaroj Patnaik is a mutual person
Rungta Sons Pvt LtdAshutosh Mohanty and Hirak Mazumder are mutual person
Rungta Mines LimitedAshutosh Mohanty and Hirak Mazumder are mutual person
Eastern Zone Mining AssociationSaroj Patnaik is a mutual person
Patnaik Minerals Private LimitedSaroj Patnaik is a mutual person
Modern Mineral Processing Co Pvt LtdSaroj Patnaik is a mutual person
Charges (Loans)
₹8.11 Cr
₹18.13 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 6.93 Cr
- Icici Bank Limited : 1.18 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jun 2022 | Hdfc Bank Limited | ₹8.50 M | Open |
| 23 Mar 2021 | Hdfc Bank Limited | ₹1.88 Cr | Open |
| 27 Jul 2017 | Hdfc Bank Limited | ₹1.75 Cr | Open |
| 30 May 2017 | Hdfc Bank Limited | ₹1.75 Cr | Open |
| 20 Jul 2012 | Hdfc Bank Limited | ₹7.00 M | Open |
How Many Employees Work at Banspani Iron?
Banspani Iron has a workforce of 71 employees as of Apr 07, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Banspani Iron, 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 Banspani Iron'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.
