Bhagwati Ferro Metal Private Limited

Manufacturer of TMT bars and MS billets, serving construction and infrastructure companies in Maharashtra and Gujarat.

2003 | Mumbai, Maharashtra (India) | Active
Last Updated: November 15, 2024

Bhagwati Ferro Metal Profile

Key Indicators

  • Authorised Capital ₹ 27.00 Cr
  • Paid Up Capital ₹ 26.60 Cr
  • Company Age 21 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 220.37 Cr
  • Satisfied Charges ₹ 246.16 Cr
  • Revenue Growth -5.76%
  • Profit Growth 8.48%
  • Ebitda 7.88%
  • Net Worth 17.90%
  • Total Assets 51.90%

About Bhagwati Ferro Metal

Bhagwati Ferro Metal Private Limited (BFMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 June 2003 and has a history of 21 years and eight months. Its registered office is in Mumbai, Maharashtra, 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 27.00 Cr and a paid-up capital of Rs 26.60 Cr.

The company currently has active open charges totaling ₹220.37 Cr. The company has closed loans amounting to ₹246.16 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Bhagwati Ferro Metal Private Limited India are Anuj Agarwal as Cfo, Amit Burakia as Ceo, and Jyotiprakash Das as Company Secretary. Amit Burakia, Mahendra Agarwal, and Anuj Agarwal serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    bhagwatisteel.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27100MH2003PTC140750

  • Company No.

    140750

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Jun 2003

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

What products or services does Bhagwati Ferro Metal Private Limited offer?

Bhagwati Ferro Metal Private Limited offers a wide range of products and services, including Steel Bars, Rods, Plates & Sheets, Steel Bars.

Who are the key members and board of directors at Bhagwati Ferro Metal?

Executive Team (4)

Name Designation Appointment Date Status
Anuj Agarwal CFO 22-Apr-2024 Current
Amit Burakia CEO 22-Apr-2024 Current
Mahendra Agarwal Country flag representing In Managing Director 05-Jun-2003 Current
Jyotiprakash Das Country flag representing In Company Secretary 06-Jun-2019 Current

Board Members

People

No Directors or KMP associated with company. Upon reviewing the records, we can confirm that there are no Directors or Key Management Personnel (KMP) associated with this company at present.

Financial Performance of Bhagwati Ferro Metal.

Bhagwati Ferro Metal Private Limited, for the financial year ended 2024, experienced Minor drop in revenue, with a 5.76% decrease. The company also saw a slight improvement in profitability, with a 8.48% increase in profit. The company's net worth Soared by an impressive increase of 17.9%.

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
-5.76%
Revenue from Operations
-5.90%
Total Assets
51.90%
Profit or Loss
8.48%
Net Worth
17.90%
EBITDA
7.88%

What is the Ownership and Shareholding Structure of Bhagwati Ferro Metal?

In 2023, Bhagwati Ferro Metal 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

₹220.37 Cr

Satisfied Charges

₹246.16 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 220.37 Cr

Latest Charge Details

Date Lender Amount Status
03 Dec 2022 Hdfc Bank Limited ₹1.10 Cr Open
22 May 2018 Hdfc Bank Limited ₹218.72 Cr Open
07 Apr 2017 Hdfc Bank Limited ₹5.49 M Open
23 Mar 2016 Others ₹5.00 Cr Satisfied
21 Mar 2011 Union Bank Of India ₹41.00 Cr Satisfied

How Many Employees Work at Bhagwati Ferro Metal?

Bhagwati Ferro Metal has a workforce of 819 employees as of Nov 15, 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 Bhagwati Ferro Metal, 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 Bhagwati Ferro Metal'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 Bhagwati Ferro Metal

Recent activity within the organization

  • Annual General Meeting

    Bhagwati Ferro Metal Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Anuj Agarwal was appointed as a Cfo was appointed as a Cfo on 22 Apr 2024 & has been associated with this company since 9 months 24 days .

    22 Apr 2024

  • Director Appointment

    Amit Burakia was appointed as a Ceo was appointed as a Ceo on 22 Apr 2024 & has been associated with this company since 9 months 24 days .

    22 Apr 2024

  • Balance Sheet

    Bhagwati Ferro Metal Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 218.72 Cr registered on 22 May 2018 with Charge ID 100182066 was modified on 15 Feb 2024.

    15 Feb 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.10 Cr with Charge ID 100661117 was registered on 03 Dec 2022.

    03 Dec 2022

Frequently asked questions

  • Bhagwati Ferro Metal Private Limited was incorporated on 05 Jun 2003.

  • The authorized share capital of Bhagwati Ferro Metal Private Limited is ₹ 27.00 Cr and paid-up capital is ₹ 26.60 Cr.

  • Currently 6 directors are associated with Bhagwati Ferro Metal Private Limited.

    • Anuj Agarwal
    • Amit Burakia
    • Amit Burakia
    • Mahendra Kumar Agarwal
    • Anuj Agarwal
    • Jyotiprakash Das
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bhagwati Ferro Metal Private Limited is Unit No 601-A 6Th Floor Western Edge-I Kanakia Spaces Dattapad Road Off W E Highway, Bo Rivili(E) India, Mumbai, Maharashtra, 400066.

  • The corporate identification number (CIN) of Bhagwati Ferro Metal Private Limited is U27100MH2003PTC140750 and the company number is 140750 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bhagwati Ferro Metal Private Limited is https://www.bhagwatisteel.co.in

  • According to the financial reports for the fiscal year 2024, the revenue trend for Bhagwati Ferro Metal Private Limited has fallen by -5.76%.

  • As Per 2024 financial reports, 819 employees are currently employed by Bhagwati Ferro Metal Private Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Bhagwati Ferro Metal Private Limited has experienced an upsurge of 17.90%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Bhagwati Ferro Metal Private Limited amount to ₹ 220.37 Cr.

  • The most recent Balance Sheet for Bhagwati Ferro Metal Private Limited was filed with the ROC on 31 Mar 2024.