Bgs Steel Industries Private Limited

Steel trading and manufacturing company based in Chennai, established in 1995.

1995 | Tiruvallur, Tamil Nadu (India) | Active
Last Updated:

Bgs Steel Industries Profile

Key Indicators

  • Authorised Capital ₹ 4.90 M
  • Paid Up Capital ₹ 4.40 M
  • Company Age 29 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 1.80 Cr
  • Revenue Growth -28.08%
  • Profit Growth -65.74%
  • Ebitda -146.91%
  • Net Worth 8.23%
  • Total Assets 28.47%

About Bgs Steel Industries

Bgs Steel Industries Private Limited (BSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 April 1995 and has a history of 29 years and ten months. Its registered office is in Tiruvallur, Tamil Nadu, India.

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 4.90 M and a paid-up capital of Rs 4.40 M.

The company has closed loans amounting to ₹1.80 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Raunaq Rungta and Leeladhar Rungta serve as directors at the Company.

Company Details

  • Location

    Tiruvallur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27104TN1995PTC030821

  • Company No.

    030821

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Apr 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Metals and Minerals

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

Financial Performance of Bgs Steel Industries.

Bgs Steel Industries Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 28.08% decrease. The company also saw a substantial fall in profitability, with a 65.74% decrease in profit. The company's net worth moved up by a moderate rise of 8.23%.

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
-28.08%
Revenue from Operations
-30.42%
Total Assets
28.47%
Profit or Loss
-65.74%
Net Worth
8.23%
EBITDA
-146.91%

What is the Ownership and Shareholding Structure of Bgs Steel Industries?

In 2023, Bgs Steel Industries 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

₹18.00 M

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 1.80 Cr

Latest Charge Details

DateLenderAmountStatus
25 Oct 2011Indian Overseas Bank₹1.55 CrSatisfied
04 Jan 1999Indian Overseas Bank₹2.50 MSatisfied

How Many Employees Work at Bgs Steel Industries?

Bgs Steel Industries has a workforce of 20 employees as of Apr 09, 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 Bgs Steel Industries, 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 Bgs Steel Industries'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 Bgs Steel Industries

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Bgs Steel Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge registered on 04 Jan 1999 via Charge ID 90281512 with Indian Overseas Bank was fully satisfied on 20 Apr 2018.

    20 Apr 2018

  • Charges

    A charge registered on 25 Oct 2011 via Charge ID 10317261 with Indian Overseas Bank was fully satisfied on 27 Sep 2014.

    27 Sep 2014

  • Charges

    A charge with Indian Overseas Bank of Rs. 15.50 M registered on 25 Oct 2011 with Charge ID 10317261 was modified on 05 Jan 2012.

    05 Jan 2012

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 15.50 M with Charge ID 10317261 was registered on 25 Oct 2011.

    25 Oct 2011

Frequently asked questions

  • What is the Incorporation or founding date of Bgs Steel Industries Private Limited?

    Bgs Steel Industries Private Limited was incorporated on 05 Apr 1995.

  • What is authorized share capital and paid-up capital of Bgs Steel Industries Private Limited?

    The authorized share capital of Bgs Steel Industries Private Limited is ₹ 4.90 M and paid-up capital is ₹ 4.40 M.

  • Who are the current board members & directors of Bgs Steel Industries Private Limited?

    Currently 2 directors are associated with Bgs Steel Industries Private Limited.

    • Raunaq Rungta
    • Leeladhar Rungta

  • What is the registered address of Bgs Steel Industries Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Bgs Steel Industries Private Limited is No.1 Sathyamoorthy Nagar Manali Express Road, India, Chennai - 19., Tamil Nadu, 600019.

  • What is the corporate identification number (CIN) and company number of Bgs Steel Industries Private Limited?

    The corporate identification number (CIN) of Bgs Steel Industries Private Limited is U27104TN1995PTC030821 and the company number is 030821 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Bgs Steel Industries Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Bgs Steel Industries Private Limited has fallen by -28.08%.

  • How many employees does Bgs Steel Industries Private Limited currently have?

    As Per 2023 financial reports, 20 employees are currently employed by Bgs Steel Industries Private Limited.

  • What change has been observed in the net worth of Bgs Steel Industries Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Bgs Steel Industries Private Limited has experienced an upsurge of 8.23%.

  • When was the last Balance Sheet of Bgs Steel Industries Private Limited filed with the ROC?

    The most recent Balance Sheet for Bgs Steel Industries Private Limited was filed with the ROC on 31 Mar 2024.

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