Bhagwati Steelmet Private Limited

Steel trading company offering a wide range of steel products, including TMT bars and coils.

1999 | Howrah, West Bengal (India) | Active
Last Updated:

Bhagwati Steelmet Profile

Key Indicators

  • Authorised Capital ₹ 2.75 Cr
  • Paid Up Capital ₹ 2.33 Cr
  • Company Age 25 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 70.00 Cr
  • Satisfied Charges ₹ 46.57 Cr
  • Revenue Growth 24.61%
  • Profit Growth -57.04%
  • Ebitda -31.42%
  • Net Worth 5.04%
  • Total Assets 4.92%

About Bhagwati Steelmet

Bhagwati Steelmet Private Limited (BSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 December 1999 and has a history of 25 years and two months. Its registered office is in Howrah, West Bengal, India.

The Corporate was formerly known as P & P Ispat 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 2.75 Cr and a paid-up capital of Rs 2.33 Cr.

The company currently has active open charges totaling ₹70.00 Cr. The company has closed loans amounting to ₹46.57 Cr, as per Ministry of Corporate Affairs (MCA) records.

Chandni Kheria, Ashish Kheria, and Bimal Kheria serve as directors at the Company.

Company Details

  • Location

    Howrah, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    bhagwatisteelmet.net

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27109WB1999PTC090769

  • Company No.

    090769

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Dec 1999

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals

What products or services does Bhagwati Steelmet Private Limited offer?

Bhagwati Steelmet Private Limited offers a wide range of products and services, including Brackets, Holder & Hardware Fittings, Metal Channels, Steel Plates, Mild Steel Chequered Plates, Metal Sheets, Hot Rolled Sheets, Metal & Metal Made Products, Steel Sheets, MS Channel, Metal Beams.

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

Board Members (3)

NameDesignationAppointment DateStatus
Chandni Kheria Country flag representing In Director 10-Nov-2014Current
Ashish Kheria Country flag representing In Director 02-Aug-2003Current
Bimal Kheria Country flag representing In Director 16-Dec-1999Current

Financial Performance of Bhagwati Steelmet.

Bhagwati Steelmet Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 24.61% increase. The company also saw a substantial fall in profitability, with a 57.04% decrease in profit. The company's net worth moved up by a moderate rise of 5.04%.

Bhagwati Steelmet revenue growth over time
Bhagwati Steelmet 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
24.61%
Revenue from Operations
24.94%
Total Assets
4.92%
Profit or Loss
-57.04%
Net Worth
5.04%
EBITDA
-31.42%

What is the Ownership and Shareholding Structure of Bhagwati Steelmet?

In 2023, Bhagwati Steelmet had a promoter holding of 82.80% and a public holding of 17.20%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹70.00 Cr

Satisfied Charges

₹46.57 Cr

Charges Breakdown by Lending Institutions

  • Others : 70.00 Cr

Latest Charge Details

DateLenderAmountStatus
22 Jan 2024Others₹10.00 CrOpen
11 Jul 2022Others₹30.00 CrOpen
24 Jun 2022Others₹30.00 CrOpen
08 Dec 2021Axis Bank Limited₹5.00 CrSatisfied
30 Aug 2016Others₹5.00 CrSatisfied

How Many Employees Work at Bhagwati Steelmet?

Bhagwati Steelmet has a workforce of 26 employees as of Apr 06, 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 Bhagwati Steelmet Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bhagwati Steelmet, 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 Steelmet'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 Steelmet

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100850303 was registered on 22 Jan 2024.

  • Annual General Meeting

    Bhagwati Steelmet Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Bhagwati Steelmet Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

  • Charges

    A charge registered on 08 Dec 2021 via Charge ID 100514740 with Axis Bank Limited was fully satisfied on 01 Dec 2022.

  • Charges

    A charge with Others amounted to Rs. 30.00 Cr with Charge ID 100590265 was registered on 11 Jul 2022.

  • Charges

    A charge with Others amounted to Rs. 30.00 Cr with Charge ID 100592949 was registered on 24 Jun 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Bhagwati Steelmet Private Limited?

    Bhagwati Steelmet Private Limited was incorporated on 16 Dec 1999.

  • What is authorized share capital and paid-up capital of Bhagwati Steelmet Private Limited?

    The authorized share capital of Bhagwati Steelmet Private Limited is ₹ 2.75 Cr and paid-up capital is ₹ 2.33 Cr.

  • Who are the current board members & directors of Bhagwati Steelmet Private Limited?

    Currently 3 directors are associated with Bhagwati Steelmet Private Limited.

    • Chandni Kheria
    • Ashish Kheria
    • Bimal Kumar Kheria

  • What is the registered address of Bhagwati Steelmet Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Bhagwati Steelmet Private Limited is 493/B/44 G.T. Road South, Howrah, West Bengal, India, 711102.

  • What is the corporate identification number (CIN) and company number of Bhagwati Steelmet Private Limited?

    The corporate identification number (CIN) of Bhagwati Steelmet Private Limited is U27109WB1999PTC090769 and the company number is 090769 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Bhagwati Steelmet Private Limited?

    The Official website of Bhagwati Steelmet Private Limited is https://www.bhagwatisteelmet.net

  • What has been the recent revenue trend for Bhagwati Steelmet Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Bhagwati Steelmet Private Limited has risen by 24.61%.

  • How many employees does Bhagwati Steelmet Private Limited currently have?

    As Per 2023 financial reports, 26 employees are currently employed by Bhagwati Steelmet Private Limited.

  • What change has been observed in the net worth of Bhagwati Steelmet Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Bhagwati Steelmet Private Limited has experienced an upsurge of 5.04%.

  • What are the total open charges for Bhagwati Steelmet Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Bhagwati Steelmet Private Limited amount to ₹ 70.00 Cr.

  • When was the last Balance Sheet of Bhagwati Steelmet Private Limited filed with the ROC?

    The most recent Balance Sheet for Bhagwati Steelmet Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Metal Retail & Distribution