Banspani Iron Ltd

Handles cargo for land transport, established in 1994, based in Orissa.

1994 | Kendujhar, Odisha (India) | Active
Last Updated:

Banspani Iron Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 2.70 Cr
  • Company Age 30 Year, 6 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 six 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

Environment
Infrastructure and Utilities

Who are the key members and board of directors at Banspani Iron?

Executive Team (1)

NameDesignationAppointment DateStatus
Samish Mohanty Country flag representing In Company Secretary15-Jan-2002Current

Board Members (4)

NameDesignationAppointment DateStatus
Saroj Patnaik Country flag representing In Whole-Time Director 16-Sep-1994Current
Ashutosh Mohanty Country flag representing In Director 30-Jun-2023Current
Hirak Mazumder Country flag representing In Director 30-Jun-2023Current
Sandip De Country flag representing In Director 30-Jun-2023Current

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%.

Banspani Iron revenue growth over time
Banspani Iron 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
-12.46%
Revenue from Operations
-23.12%
Total Assets
0.74%
Profit or Loss
-5.90%
Net Worth
1.68%
EBITDA
-43.63%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹8.11 Cr

Satisfied Charges

₹18.13 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 6.93 Cr
  • Icici Bank Limited : 1.18 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jun 2022Hdfc Bank Limited₹8.50 MOpen
23 Mar 2021Hdfc Bank Limited₹1.88 CrOpen
27 Jul 2017Hdfc Bank Limited₹1.75 CrOpen
30 May 2017Hdfc Bank Limited₹1.75 CrOpen
20 Jul 2012Hdfc Bank Limited₹7.00 MOpen

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.

Employee growth trends for Banspani Iron Ltd

Deals i

Graph showing company valuation over time

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

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 Banspani Iron

Recent activity within the organization

  • Annual General Meeting

    Banspani Iron Ltd last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

  • Director Appointment

    Ashutosh Mohanty was appointed as a Director was appointed as a Director on 30 Jun 2023 & has been associated with this company since 1 year 8 months .

  • Director Appointment

    Hirak Mazumder was appointed as a Director was appointed as a Director on 30 Jun 2023 & has been associated with this company since 1 year 8 months .

  • Director Appointment

    Sandip De was appointed as a Director was appointed as a Director on 30 Jun 2023 & has been associated with this company since 1 year 8 months .

  • Balance Sheet

    Banspani Iron Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Cuttack.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.85 Cr with Charge ID 100591739 was registered on 30 Jun 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Banspani Iron Ltd?

    Banspani Iron Ltd was incorporated on 16 Sep 1994.

  • What is authorized share capital and paid-up capital of Banspani Iron Ltd?

    The authorized share capital of Banspani Iron Ltd is ₹ 10.00 Cr and paid-up capital is ₹ 2.70 Cr.

  • Who are the current board members & directors of Banspani Iron Ltd?

    Currently 5 directors are associated with Banspani Iron Ltd.

    • Saroj Kumar Patnaik
    • Ashutosh Mohanty
    • Hirak Mazumder
    • Sandip De
    • Samish Kumar Mohanty

  • What is the registered address of Banspani Iron Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Banspani Iron Ltd is Banaikala, Joda India, Keonjhar, Orissa, 758038.

  • What is the corporate identification number (CIN) and company number of Banspani Iron Ltd?

    The corporate identification number (CIN) of Banspani Iron Ltd is U51420OR1994PLC003707 and the company number is 003707 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Banspani Iron Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Banspani Iron Ltd has fallen by -12.46%.

  • How many employees does Banspani Iron Ltd currently have?

    As Per 2023 financial reports, 71 employees are currently employed by Banspani Iron Ltd.

  • What change has been observed in the net worth of Banspani Iron Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Banspani Iron Ltd has experienced an upsurge of 1.68%.

  • What are the total open charges for Banspani Iron Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Banspani Iron Ltd amount to ₹ 8.11 Cr.

  • When was the last Balance Sheet of Banspani Iron Ltd filed with the ROC?

    The most recent Balance Sheet for Banspani Iron Ltd was filed with the ROC on 31 Mar 2023.

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