Barbarik Steel Private Limited

Manufactures sponge iron with 150 MTPD capacity in Rourkela, Odisha.

2002 | Sundergarh, Odisha (India) | Active
Last Updated: November 15, 2024

Barbarik Steel Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 7.80 Cr
  • Company Age 22 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 15.50 Cr
  • Satisfied Charges ₹ 75.21 Cr
  • Revenue Growth -5.20%
  • Profit Growth -3.88%
  • Ebitda -14.52%
  • Net Worth 10.55%
  • Total Assets -0.76%

About Barbarik Steel

Barbarik Steel Private Limited (BSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 November 2002 and has a history of 22 years and two months. Its registered office is in Sundergarh, Odisha, India.

The Corporate was formerly known as Seeta Integrated Steel & Energy 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 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 7.80 Cr.

The company currently has active open charges totaling ₹15.50 Cr. The company has closed loans amounting to ₹75.21 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rahul Mittal, Akash Agarwal, and Vivek Agarwal serve as directors at the Company.

Company Details

  • Location

    Sundergarh, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27102OR2002PTC006973

  • Company No.

    006973

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Nov 2002

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Metals and Minerals

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

Board Members (3)

Name Designation Appointment Date Status
Rahul Mittal Country flag representing In Director 09-Jun-2010 Current
Akash Agarwal Country flag representing In Director 11-Jul-2020 Current
Vivek Agarwal Country flag representing In Director 01-Aug-2023 Current

Financial Performance of Barbarik Steel.

Barbarik Steel Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 5.2% decrease. The company also saw a slight decrease in profitability, with a 3.88% decrease in profit. The company's net worth Soared by an impressive increase of 10.55%.

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
-5.20%
Revenue from Operations
-5.23%
Total Assets
-0.76%
Profit or Loss
-3.88%
Net Worth
10.55%
EBITDA
-14.52%

What is the Ownership and Shareholding Structure of Barbarik Steel?

In 2023, Barbarik Steel had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹15.50 Cr

Satisfied Charges

₹75.21 Cr

Charges Breakdown by Lending Institutions

  • Others : 15.00 Cr
  • Axis Bank Limited : 0.40 Cr
  • Hdfc Bank Limited : 0.10 Cr

Latest Charge Details

Date Lender Amount Status
29 Dec 2023 Others ₹15.00 Cr Open
14 Jul 2023 Axis Bank Limited ₹4.00 M Open
21 Oct 2022 Hdfc Bank Limited ₹1.00 M Open
29 Dec 2023 Others ₹4.69 M Satisfied
01 Dec 2021 Axis Bank Limited ₹15.00 Cr Satisfied

How Many Employees Work at Barbarik Steel?

Barbarik Steel has a workforce of 104 employees as of Apr 08, 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 Barbarik 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 Barbarik 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 Barbarik Steel

Recent activity within the organization

  • Charges

    A charge registered on 29 Dec 2023 via Charge ID 100850929 with Others was fully satisfied on 14 Aug 2024.

    14 Aug 2024

  • Charges

    A charge registered on 02 Feb 2021 via Charge ID 100418969 with Axis Bank Limited was fully satisfied on 23 Jan 2024.

    23 Jan 2024

  • Charges

    A charge registered on 01 Dec 2021 via Charge ID 100510624 with Axis Bank Limited was fully satisfied on 02 Jan 2024.

    02 Jan 2024

  • Charges

    A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100850930 was registered on 29 Dec 2023.

    29 Dec 2023

  • Charges

    A charge with Others amounted to Rs. 0.47 Cr with Charge ID 100850929 was registered on 29 Dec 2023.

    29 Dec 2023

  • Annual General Meeting

    Barbarik Steel Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

Frequently asked questions

  • Barbarik Steel Private Limited was incorporated on 18 Nov 2002.

  • The authorized share capital of Barbarik Steel Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 7.80 Cr.

  • Currently 3 directors are associated with Barbarik Steel Private Limited.

    • Rahul Mittal
    • Akash Agarwal
    • Vivek Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Barbarik Steel Private Limited is Bb-11 2Nd Floor Civil Township, Rourkela India, Roukela, Orissa, 769012.

  • The corporate identification number (CIN) of Barbarik Steel Private Limited is U27102OR2002PTC006973 and the company number is 006973 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Barbarik Steel Private Limited has fallen by -5.20%.

  • As Per 2023 financial reports, 104 employees are currently employed by Barbarik Steel Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Barbarik Steel Private Limited has experienced an upsurge of 10.55%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Barbarik Steel Private Limited amount to ₹ 15.50 Cr.

  • The most recent Balance Sheet for Barbarik Steel Private Limited was filed with the ROC on 31 Mar 2023.

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