Barakaat Steels Private Limited

Metal trading company offering aluminum and steel products, including connectors and sieves.

1985 | Mumbai, Maharashtra (India) | Active
Last Updated: December 23, 2024

Barakaat Steels Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 39 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 2.75 Cr
  • Revenue Growth 109.60%
  • Profit Growth 332.95%
  • Ebitda 231.53%
  • Net Worth 42.18%
  • Total Assets 21.08%

About Barakaat Steels

Barakaat Steels Private Limited (BSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 March 1985 and has a history of 39 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Glasscon (India) Private Limited. 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 M and a paid-up capital of Rs 0.50 M.

The company has closed loans amounting to ₹2.75 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Moiz Kachwala and Nafisa Kachwalla serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U26100MH1985PTC035547

  • Company No.

    035547

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Mar 1985

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

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

Board Members (2)

NameDesignationAppointment DateStatus
Moiz Kachwala Country flag representing In Director 01-Apr-1994Current
Nafisa Kachwalla Country flag representing In Director 05-Mar-1985Current

Financial Performance of Barakaat Steels.

Barakaat Steels Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 109.6% increase. The company also saw a substantial improvement in profitability, with a 332.95% increase in profit. The company's net worth Soared by an impressive increase of 42.18%.

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
109.60%
Revenue from Operations
111.54%
Total Assets
21.08%
Profit or Loss
332.95%
Net Worth
42.18%
EBITDA
231.53%

What is the Ownership and Shareholding Structure of Barakaat Steels?

In 2020, Barakaat Steels had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹27.54 M

Charges Breakdown by Lending Institutions

  • Others : 2.60 Cr
  • Bombay Mercantile Co-Op Bank Ltd : 0.15 Cr

Latest Charge Details

DateLenderAmountStatus
24 Jun 2016Others₹1.00 CrSatisfied
24 Jun 2016Others₹3.00 MSatisfied
24 May 2016Others₹1.30 CrSatisfied
16 Jun 1986Bombay Mercantile Co-Op Bank Ltd₹0.90 MSatisfied
08 Jan 1986Bombay Mercantile Co-Op Bank Ltd₹0.14 MSatisfied

How Many Employees Work at Barakaat Steels?

Unlock and access historical data on people associated with Barakaat 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 Barakaat 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 Barakaat 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 Barakaat Steels

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Barakaat Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 24 Jun 2016 via Charge ID 100045892 with Others was fully satisfied on 30 Jun 2022.

    30 Jun 2022

  • Charges

    A charge registered on 24 Jun 2016 via Charge ID 100045902 with Others was fully satisfied on 30 Jun 2022.

    30 Jun 2022

  • Charges

    A charge registered on 24 May 2016 via Charge ID 100045890 with Others was fully satisfied on 30 Jun 2022.

    30 Jun 2022

  • Charges

    A charge with Others amounted to Rs. 10.00 M with Charge ID 100045892 was registered on 24 Jun 2016.

    24 Jun 2016

Frequently asked questions

  • Barakaat Steels Private Limited was incorporated on 05 Mar 1985.

  • The authorized share capital of Barakaat Steels Private Limited is ₹ 2.00 M and paid-up capital is ₹ 0.50 M.

  • Currently 2 directors are associated with Barakaat Steels Private Limited.

    • Moiz Abdulhusain Kachwala
    • Nafisa Moiz Kachwalla
  • As per Ministry of Corporate Affairs (Mca), the registered address of Barakaat Steels Private Limited is B/17 Shreyas Industrial Estate Off Western Express High Way Next To Ja Ycoach, India, Goregaon, Maharashtra, 400063.

  • The corporate identification number (CIN) of Barakaat Steels Private Limited is U26100MH1985PTC035547 and the company number is 035547 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Barakaat Steels Private Limited has risen by 109.60%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Barakaat Steels Private Limited has experienced an upsurge of 42.18%.

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