Bhandari Steels Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.62 Cr
- Company Age 25 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 38.00 Cr
- Revenue Growth -47.00%
- Profit Growth -13.89%
- Ebitda -34.97%
- Net Worth -16.58%
- Total Assets 15.33%
About Bhandari Steels
Bhandari Steels Limited (BSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 17 November 1999 and has a history of 25 years and three months. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Bhandari Steels 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 3.00 Cr and a paid-up capital of Rs 2.62 Cr.
The company has closed loans amounting to ₹38.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Jagdish Bhandari, Balasubramanian, and Makesh Shanmuganathan serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U27105TN1999PLC043575
- Company No.
043575
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
17 Nov 1999
- Date of AGM
30 Oct 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
What products or services does Bhandari Steels Limited offer?
Bhandari Steels Limited offers a wide range of products and services, including Steel Bars, Rods, Plates & Sheets, Steel Plates, Steel & Stainless Steel Products, Stainless Steel Products, Steel Rods, Rounded Pipe, Stainless Steel Round Pipe, Steel Pipes, Carbon Steel Pipes, Stainless Steel Pipes.
Who are the key members and board of directors at Bhandari Steels?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jagdish Bhandari  | Managing Director | 17-Nov-1999 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Balasubramanian | Director Appointed In Casual Vacancy | 01-Oct-2018 | Current |
| Makesh Shanmuganathan | Director | 28-Jan-2019 | Current |
Financial Performance of Bhandari Steels.
Bhandari Steels Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 47% decrease. The company also saw a substantial fall in profitability, with a 13.89% decrease in profit. The company's net worth observed a substantial decline by a decrease of 16.58%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Bhandari Steels?
In 2022, Bhandari Steels had a promoter holding of 72.53% and a public holding of 27.48%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Resurgent Power Projects LimitedBalasubramanian and Makesh Shanmuganathan are mutual person
Media Monitors Technology Private LimitedJagdish Bhandari is a mutual person
- Serene Senior Living Private Limited
Makesh Shanmuganathan is a mutual person
- Shree Adinath Epc Ventures Private Limited
Makesh Shanmuganathan is a mutual person
Charges (Loans)
₹0
₹38.00 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 23.00 Cr
- Others : 11.00 Cr
- Indian Overseas Bank : 4.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Sep 2019 | Others | ₹11.00 Cr | Satisfied |
| 04 Aug 2005 | State Bank Of India | ₹23.00 Cr | Satisfied |
| 04 Jan 2005 | Indian Overseas Bank | ₹4.00 Cr | Satisfied |
How Many Employees Work at Bhandari Steels?
Unlock and access historical data on people associated with Bhandari Steels, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Bhandari Steels, 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 Bhandari Steels's trajectory.
Rating
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
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.
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