Bhagwati Steel Cast Private Limited

Manufactures MS billets and TMT bars with annual capacity of 1,00,000 MT and 1,08,000 MT.

1984 | Mumbai, Maharashtra (India) | Active
Last Updated: November 15, 2024

Bhagwati Steel Cast Profile

Key Indicators

  • Authorised Capital ₹ 5.50 Cr
  • Paid Up Capital ₹ 4.99 Cr
  • Company Age 40 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 46.09 Cr
  • Satisfied Charges ₹ 20.65 Cr
  • Revenue Growth -6.94%
  • Profit Growth -31.82%
  • Ebitda -35.45%
  • Net Worth 22.42%
  • Total Assets 5.13%

About Bhagwati Steel Cast

Bhagwati Steel Cast Private Limited (BSCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 April 1984 and has a history of 40 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Bhagwati Steel Cast Ltd. 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 5.50 Cr and a paid-up capital of Rs 4.99 Cr.

The company currently has active open charges totaling ₹46.09 Cr. The company has closed loans amounting to ₹20.65 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Bhagwati Steel Cast Private Limited India is Amit Burakia as CEO. Amit Burakia and Mahendra 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

    U27101MH1984PTC170753

  • Company No.

    170753

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Apr 1984

  • 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 Steel Cast Private Limited offer?

Bhagwati Steel Cast Private Limited offers a wide range of products and services, including Metal & Metal Made Products, Metal Ingots, Metal Angles, Steel Angles, TMT Bars, TMT Steel Bars, Steel & Stainless Steel Products, Industrial Steel, Iron TMT Bar, Mild Steel Flats.

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

Executive Team (2)

Name Designation Appointment Date Status
Mahendra Agarwal Country flag representing In Managing Director 29-Apr-1995 Current
Amit Burakia CEO 22-Apr-2024 Current

Board Members (1)

Name Designation Appointment Date Status
Amit Burakia Country flag representing In Whole-Time Director 05-Jun-2003 Current

Financial Performance of Bhagwati Steel Cast.

Bhagwati Steel Cast Private Limited, for the financial year ended 2024, experienced Minor drop in revenue, with a 6.94% decrease. The company also saw a substantial fall in profitability, with a 31.82% decrease in profit. The company's net worth Soared by an impressive increase of 22.42%.

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
-6.94%
Revenue from Operations
-7.00%
Total Assets
5.13%
Profit or Loss
-31.82%
Net Worth
22.42%
EBITDA
-35.45%

What is the Ownership and Shareholding Structure of Bhagwati Steel Cast?

In 2023, Bhagwati Steel Cast had a promoter holding of 34.29% and a public holding of 65.71%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹46.09 Cr

Satisfied Charges

₹20.65 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 46.09 Cr

Latest Charge Details

Date Lender Amount Status
30 Jan 2002 State Bank Of India ₹46.09 Cr Open
24 Sep 2003 State Bank Of India ₹8.40 Cr Satisfied
24 Sep 2003 State Bank Of India ₹8.40 Cr Satisfied
30 Jan 2002 State Bank Of India ₹3.85 Cr Satisfied

How Many Employees Work at Bhagwati Steel Cast?

Bhagwati Steel Cast has a workforce of 253 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 Steel Cast, 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 Steel Cast'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 Steel Cast

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 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 Steel Cast Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 30 Jan 2002 via Charge ID 90265154 with State Bank Of India was fully satisfied on 20 Apr 2022.

    20 Apr 2022

  • Charges

    A charge with State Bank Of India of Rs. 46.09 Cr registered on 30 Jan 2002 with Charge ID 90265850 was modified on 31 Dec 2020.

    31 Dec 2020

  • Charges

    A charge registered on 24 Sep 2003 via Charge ID 90265959 with State Bank Of India was fully satisfied on 04 May 2017.

    04 May 2017

Frequently asked questions

  • Bhagwati Steel Cast Private Limited was incorporated on 16 Apr 1984.

  • The authorized share capital of Bhagwati Steel Cast Private Limited is ₹ 5.50 Cr and paid-up capital is ₹ 4.99 Cr.

  • Currently 3 directors are associated with Bhagwati Steel Cast Private Limited.

    • Amit Burakia
    • Mahendra Kumar Agarwal
    • Amit Burakia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bhagwati Steel Cast 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 Steel Cast Private Limited is U27101MH1984PTC170753 and the company number is 170753 as per Ministry of Corporate Affairs (MCA).

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

  • According to the financial reports for the fiscal year 2024, the revenue trend for Bhagwati Steel Cast Private Limited has fallen by -6.94%.

  • As Per 2024 financial reports, 253 employees are currently employed by Bhagwati Steel Cast Private Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Bhagwati Steel Cast Private Limited has experienced an upsurge of 22.42%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Bhagwati Steel Cast Private Limited amount to ₹ 46.09 Cr.

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

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