Basar Steel Private Limited

Manufacturer and exporter of stainless steel products such as cutlery, service ware, and kitchen tools.

2006 | Mumbai, Maharashtra (India) | Active
Last Updated: December 24, 2024

Basar Steel Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 18 Year, 9 Months
  • Last Filing with ROC 31 Mar 2020
  • Open Charges ₹ 17.50 Cr
  • Revenue Growth -27.57%
  • Profit Growth -1.59%
  • Ebitda 33.07%
  • Net Worth -2.39%
  • Total Assets -0.13%

About Basar Steel

Basar Steel Private Limited (BSPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 May 2006 and has a history of 18 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Food And Beverages Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2020. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹17.50 Cr.

Mohammed Ansari and Mohammad Shaikh serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    basarworld.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27105MH2006PTC161758

  • Company No.

    161758

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 May 2006

  • Date of AGM

    05 Feb 2021

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Food and Beverages
Metals and Minerals

What products or services does Basar Steel Private Limited offer?

Basar Steel Private Limited offers a wide range of products and services, including Dinnerware and Serving Utensils, Serving Tong, Teapot, Coffee Mugs & Tea Sets, Tea Sets, Fast Food & Beverages Machinery, Coffee Processing Machine, Barware and Bar Accessories, Ice Bucket, Cookware and Cooking Utensils, Cookware.

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

Board Members (2)

NameDesignationAppointment DateStatus
Mohammed Ansari Country flag representing In Director 22-Jan-2019Current
Mohammad Shaikh Country flag representing In Director 22-Jan-2019Current

Financial Performance of Basar Steel.

Basar Steel Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 27.57% decrease. The company also saw a slight decrease in profitability, with a 1.59% decrease in profit. The company's net worth dipped by a decrease of 2.39%.

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
-27.57%
Revenue from Operations
Total Assets
-0.13%
Profit or Loss
-1.59%
Net Worth
-2.39%
EBITDA
33.07%

What is the Ownership and Shareholding Structure of Basar Steel?

In 2020, Basar Steel had a promoter holding of 95.99% and a public holding of 4.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹17.50 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Union Bank Of India : 17.50 Cr

Latest Charge Details

DateLenderAmountStatus
28 Sep 2011Union Bank Of India₹2.50 CrOpen
25 Nov 2009Union Bank Of India₹15.00 CrOpen

How Many Employees Work at Basar Steel?

Basar Steel has a workforce of 0 employees as of Apr 06, 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 Basar 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 Basar 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 Basar Steel

Recent activity within the organization

  • Annual General Meeting

    Basar Steel Private Limited last Annual general meeting of members was held on 05 Feb 2021 as per latest MCA records.

    05 Feb 2021

  • Balance Sheet

    Basar Steel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Mumbai.

    31 Mar 2020

  • Director Appointment

    Mohammed Juned Ansari was appointed as a Director was appointed as a Director on 22 Jan 2019 & has been associated with this company since 6 years 1 month .

    22 Jan 2019

  • Director Appointment

    Mohammad Sadiq Mohammad Sultan Shaikh was appointed as a Director was appointed as a Director on 22 Jan 2019 & has been associated with this company since 6 years 1 month .

    22 Jan 2019

  • Charges

    A charge with Union Bank Of India of Rs. 15.00 Cr registered on 25 Nov 2009 with Charge ID 10192531 was modified on 31 May 2012.

    31 May 2012

  • Charges

    A charge with Union Bank Of India amounted to Rs. 2.50 Cr with Charge ID 10314327 was registered on 28 Sep 2011.

    28 Sep 2011

Frequently asked questions

  • Basar Steel Private Limited was incorporated on 11 May 2006.

  • The authorized share capital of Basar Steel Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 2 directors are associated with Basar Steel Private Limited.

    • Mohammed Juned Ansari
    • Mohammad Sadiq Mohammad Sultan Shaikh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Basar Steel Private Limited is 201 Standard House 83 Maharshi Karve Road, Marine Lines India, Mumbai, Maharashtra, 400002.

  • The corporate identification number (CIN) of Basar Steel Private Limited is U27105MH2006PTC161758 and the company number is 161758 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Basar Steel Private Limited is https://www.basarworld.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Basar Steel Private Limited has fallen by -27.57%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Basar Steel Private Limited has experienced an downturn of -2.39%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Basar Steel Private Limited amount to ₹ 17.50 Cr.

  • The most recent Balance Sheet for Basar Steel Private Limited was filed with the ROC on 31 Mar 2020.

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