Bhansali Bright Bars Private Limited

Manufactures stainless steel bright bars and components for various industries, exporting to 40+ countries.

1990 | Mumbai, Maharashtra (India) | Active
Last Updated: November 17, 2024

Bhansali Bright Bars Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 2.33 Cr
  • Company Age 34 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 150.40 Cr
  • Revenue Growth -17.84%
  • Profit Growth -84.01%
  • Ebitda 43.67%
  • Net Worth 55.47%
  • Total Assets -24.51%

About Bhansali Bright Bars

Bhansali Bright Bars Private Limited (BBBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 October 1990 and has a history of 34 years and three months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Savita Nylons 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 5.00 Cr and a paid-up capital of Rs 2.33 Cr.

The company has closed loans amounting to ₹150.40 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Yashkumar Mehta and Mohit Pithva serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    bhansalisteel.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U12020MH1990PTC058711

  • Company No.

    058711

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Oct 1990

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

What products or services does Bhansali Bright Bars Private Limited offer?

Bhansali Bright Bars Private Limited offers a wide range of products and services, including Metal Wire, CNC Machined Components, Precision Turned Components, Industrial Valves, Pump Valves, Steel Bars, Cold Drawn Bright Bar, Nails, Fasteners, Rivets & Shackles, Threaded Rods, Steel Flanges.

Who are the key members and board of directors at Bhansali Bright Bars?

Board Members (2)

NameDesignationAppointment DateStatus
Yashkumar Mehta Country flag representing In Director 29-Sep-2021Current
Mohit Pithva Country flag representing In Director 29-Sep-2021Current

Financial Performance of Bhansali Bright Bars.

Bhansali Bright Bars Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 17.84% decrease. The company also saw a substantial fall in profitability, with a 84.01% decrease in profit. The company's net worth Soared by an impressive increase of 55.47%.

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
-17.84%
Revenue from Operations
-12.84%
Total Assets
-24.51%
Profit or Loss
-84.01%
Net Worth
55.47%
EBITDA
43.67%

What is the Ownership and Shareholding Structure of Bhansali Bright Bars?

In 2023, Bhansali Bright Bars had a promoter holding of 51.00% and a public holding of 49.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹150.40 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 150.40 Cr

Latest Charge Details

DateLenderAmountStatus
25 Aug 2010Bank Of India₹10.00 CrSatisfied
27 Aug 2005Bank Of India₹4.00 MSatisfied
10 Jul 1998Bank Of India₹75.00 CrSatisfied
21 Jul 1997Bank Of India₹65.00 CrSatisfied

How Many Employees Work at Bhansali Bright Bars?

Bhansali Bright Bars has a workforce of 35 employees as of Apr 09, 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 Bhansali Bright Bars, 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 Bhansali Bright Bars'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 Bhansali Bright Bars

Recent activity within the organization

  • Annual General Meeting

    Bhansali Bright Bars Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Bhansali Bright Bars Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 25 Aug 2010 via Charge ID 10247483 with Bank Of India was fully satisfied on 07 Dec 2021.

    07 Dec 2021

  • Charges

    A charge registered on 10 Jul 1998 via Charge ID 90152525 with Bank Of India was fully satisfied on 07 Dec 2021.

    07 Dec 2021

  • Charges

    A charge registered on 21 Jul 1997 via Charge ID 90153394 with Bank Of India was fully satisfied on 07 Dec 2021.

    07 Dec 2021

  • Director Appointment

    Yashkumar Shankarlal Mehta was appointed as a Director was appointed as a Director on 29 Sep 2021 & has been associated with this company since 3 years 4 months .

    29 Sep 2021

Frequently asked questions

  • Bhansali Bright Bars Private Limited was incorporated on 29 Oct 1990.

  • The authorized share capital of Bhansali Bright Bars Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.33 Cr.

  • Currently 2 directors are associated with Bhansali Bright Bars Private Limited.

    • Yashkumar Shankarlal Mehta
    • Mohit Jayesh Pithva
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bhansali Bright Bars Private Limited is 150 Nanubhaidesai Road India, Mumbai, Maharashtra, 400004.

  • The corporate identification number (CIN) of Bhansali Bright Bars Private Limited is U12020MH1990PTC058711 and the company number is 058711 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bhansali Bright Bars Private Limited is https://www.bhansalisteel.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bhansali Bright Bars Private Limited has fallen by -17.84%.

  • As Per 2023 financial reports, 35 employees are currently employed by Bhansali Bright Bars Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bhansali Bright Bars Private Limited has experienced an upsurge of 55.47%.

  • The most recent Balance Sheet for Bhansali Bright Bars Private Limited was filed with the ROC on 31 Mar 2023.

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