Bassi Steels Private Limited

Produces steel ingots for various industries.

1990 | Punjab, Punjab (India) | Active
Last Updated: June 17, 2024

Bassi Steels Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.00 M
  • Company Age 34 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 0.30 M
  • Satisfied Charges ₹ 9.90 Cr
  • Revenue Growth -44.63%
  • Profit Growth -126.38%
  • Ebitda -127.23%
  • Net Worth -3.92%
  • Total Assets -12.57%

About Bassi Steels

Bassi Steels Private Limited (BSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 June 1990 and has a history of 34 years and eight months. Its registered office is in Punjab, Punjab, India.

The Corporate was formerly known as Bassi Steels 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 2023. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹0.30 M. The company has closed loans amounting to ₹9.90 Cr, as per Ministry of Corporate Affairs (MCA) records.

Natwar Goyal, Rattan Goyal, and Gurmukh Dass serve as directors at the Company.

Company Details

  • Location

    Punjab, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45202PB1990PTC010470

  • Company No.

    010470

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Jun 1990

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Metals and Minerals

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

Board Members (3)

NameDesignationAppointment DateStatus
Natwar Goyal Country flag representing In Director 31-Dec-2016Current
Rattan Goyal Country flag representing In Director 22-Oct-1990Current
Gurmukh Dass Country flag representing In Director 14-Jun-2022Current

Financial Performance of Bassi Steels.

Bassi Steels Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 44.63% decrease. The company also saw a substantial fall in profitability, with a 126.38% decrease in profit. The company's net worth dipped by a decrease of 3.92%.

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
-44.63%
Revenue from Operations
-44.86%
Total Assets
-12.57%
Profit or Loss
-126.38%
Net Worth
-3.92%
EBITDA
-127.23%

What is the Ownership and Shareholding Structure of Bassi Steels?

In 2023, Bassi Steels had a promoter holding of 60.05% and a public holding of 39.95%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.03 Cr

Satisfied Charges

₹9.90 Cr

Charges Breakdown by Lending Institutions

  • Punjab National Bank : 0.03 Cr

Latest Charge Details

DateLenderAmountStatus
01 Sep 1993Punjab National Bank₹0.30 MOpen
29 Jan 2008Punjab & Sind Bank₹7.00 CrSatisfied
30 Dec 2003O.B.C.₹4.00 MSatisfied
24 Mar 1999Oriental Bank Of Commerce₹2.50 CrSatisfied

How Many Employees Work at Bassi Steels?

Bassi Steels has a workforce of 4 employees as of Mar 21, 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 Bassi 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 Bassi 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 Bassi Steels

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Bassi Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Director Appointment

    Gurmukh Dass was appointed as a Director was appointed as a Director on 14 Jun 2022 & has been associated with this company since 2 years 8 months .

    14 Jun 2022

  • Charges

    A charge registered on 29 Jan 2008 via Charge ID 10091349 with Punjab & Sind Bank was fully satisfied on 14 Sep 2018.

    14 Sep 2018

  • Director Appointment

    Natwar Goyal was appointed as a Director was appointed as a Director on 31 Dec 2016 & has been associated with this company since 8 years 1 month .

    31 Dec 2016

  • Charges

    A charge registered on 30 Dec 2003 via Charge ID 90183173 with O.B.C. was fully satisfied on 16 May 2010.

    16 May 2010

Frequently asked questions

  • Bassi Steels Private Limited was incorporated on 14 Jun 1990.

  • The authorized share capital of Bassi Steels Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.00 M.

  • Currently 3 directors are associated with Bassi Steels Private Limited.

    • Natwar Goyal
    • Rattan Lal Goyal
    • Gurmukh Dass
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bassi Steels Private Limited is Vill Gholumajrateh Dera Bassi Distt Patiala, Punjab, India.

  • The corporate identification number (CIN) of Bassi Steels Private Limited is U45202PB1990PTC010470 and the company number is 010470 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bassi Steels Private Limited has fallen by -44.63%.

  • As Per 2023 financial reports, 4 employees are currently employed by Bassi Steels Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bassi Steels Private Limited has experienced an downturn of -3.92%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bassi Steels Private Limited amount to ₹ 0.30 M.

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

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