Bhagwat Steel Limited

Steel company setting up plant in Chhattisgarh, registered in Surat, Gujarat.

2005 | Surat, Gujarat (India) | Active
Last Updated:

Bhagwat Steel Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 12.20 Cr
  • Company Age 19 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -88.63%
  • Profit Growth -97.73%
  • Ebitda -656.20%
  • Net Worth 0.91%
  • Total Assets -4.74%

About Bhagwat Steel

Bhagwat Steel Limited (BSL) is a Public Limited Foreign Company Incorporated In India incorporated in India on 17 June 2005 and has a history of 19 years and eight months. Its registered office is in Surat, Gujarat, India.

The Corporate was formerly known as Essar Steel (Chhattisgarh) 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 20.00 Cr and a paid-up capital of Rs 12.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Bhagwat Steel Limited India is Arasappan Thirumaran as CFO. Muthukrishnan Balajee, Alok Mehta, and Ranjan Dhar serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27100GJ2005FLC046274

  • Company No.

    046274

  • Company Classification

    Public Limited Foreign Company Incorporated In India

  • Incorporation Date

    17 Jun 2005

  • Date of AGM

    26 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Metals and Minerals

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

Executive Team (1)

NameDesignationAppointment DateStatus
Arasappan Thirumaran CFO14-Jun-2023Current

Board Members (3)

NameDesignationAppointment DateStatus
Muthukrishnan Balajee Country flag representing In Director 19-Oct-2022Current
Alok Mehta Country flag representing In Director 02-Apr-2024Current
Ranjan Dhar Country flag representing In Director 19-Oct-2022Current

Financial Performance of Bhagwat Steel.

Bhagwat Steel Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 88.63% decrease. The company also saw a substantial fall in profitability, with a 97.73% decrease in profit. The company's net worth moved up by a moderate rise of 0.91%.

Bhagwat Steel revenue growth over time
Bhagwat Steel 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
-88.63%
Revenue from Operations
Total Assets
-4.74%
Profit or Loss
-97.73%
Net Worth
0.91%
EBITDA
-656.20%

What is the Ownership and Shareholding Structure of Bhagwat Steel?

In 2023, Bhagwat Steel 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Bhagwat Steel?

Bhagwat Steel has a workforce of 0 employees as of Mar 27, 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.

Employee growth trends for Bhagwat Steel Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bhagwat 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 Bhagwat 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 Bhagwat Steel

Recent activity within the organization

  • Annual General Meeting

    Bhagwat Steel Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.

  • Director Appointment

    Alok Kumar Mehta was appointed as a Director was appointed as a Director on 02 Apr 2024 & has been associated with this company since 11 months 6 days .

  • Balance Sheet

    Bhagwat Steel Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Director Appointment

    Arasappan Thirumaran was appointed as a Cfo was appointed as a Cfo on 14 Jun 2023 & has been associated with this company since 1 year 8 months .

  • Director Appointment

    Muthukrishnan Balajee was appointed as a Director was appointed as a Director on 19 Oct 2022 & has been associated with this company since 2 years 4 months .

  • Director Appointment

    Ranjan Sanjeevkumar Dhar was appointed as a Director was appointed as a Director on 19 Oct 2022 & has been associated with this company since 2 years 4 months .

Frequently asked questions

  • What is the Incorporation or founding date of Bhagwat Steel Limited?

    Bhagwat Steel Limited was incorporated on 17 Jun 2005.

  • What is authorized share capital and paid-up capital of Bhagwat Steel Limited?

    The authorized share capital of Bhagwat Steel Limited is ₹ 20.00 Cr and paid-up capital is ₹ 12.20 Cr.

  • Who are the current board members & directors of Bhagwat Steel Limited?

    Currently 4 directors are associated with Bhagwat Steel Limited.

    • Muthukrishnan Balajee
    • Alok Kumar Mehta
    • Arasappan Thirumaran
    • Ranjan Sanjeevkumar Dhar

  • What is the registered address of Bhagwat Steel Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Bhagwat Steel Limited is Amns House Township 27Th Km -Hazira Road Hazira, India, Surat, Gujarat, 394270.

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

    The corporate identification number (CIN) of Bhagwat Steel Limited is U27100GJ2005FLC046274 and the company number is 046274 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Bhagwat Steel Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Bhagwat Steel Limited has fallen by -88.63%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Bhagwat Steel Limited has experienced an upsurge of 0.91%.

  • When was the last Balance Sheet of Bhagwat Steel Limited filed with the ROC?

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

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