Bhansali Ferromet Pvt Ltd

Global supplier of high-quality stainless steel materials for various industries.

1984 | Mumbai, Maharashtra (India) | Active
Last Updated: July 26, 2024

Bhansali Ferromet Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.41 M
  • Company Age 40 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.84 Cr
  • Satisfied Charges ₹ 75.33 Cr
  • Revenue Growth -51.51%
  • Profit Growth -60.28%
  • Ebitda -270.57%
  • Net Worth 1.17%
  • Total Assets 0.15%

About Bhansali Ferromet

Bhansali Ferromet Pvt Ltd (BFPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 November 1984 and has a history of 40 years and three 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 2023. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 1.41 M.

The company currently has active open charges totaling ₹1.84 Cr. The company has closed loans amounting to ₹75.33 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mukesh Bhansali and Shantilal Bhansali 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

    U27104MH1984PTC034559

  • Company No.

    034559

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Nov 1984

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

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

Board Members (2)

NameDesignationAppointment DateStatus
Mukesh Bhansali Country flag representing In Director 01-Apr-2013Current
Shantilal Bhansali Country flag representing In Director 30-Oct-1990Current

Financial Performance of Bhansali Ferromet.

Bhansali Ferromet Pvt Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 51.51% decrease. The company also saw a substantial fall in profitability, with a 60.28% decrease in profit. The company's net worth moved up by a moderate rise of 1.17%.

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
-51.51%
Revenue from Operations
Total Assets
0.15%
Profit or Loss
-60.28%
Net Worth
1.17%
EBITDA
-270.57%

What is the Ownership and Shareholding Structure of Bhansali Ferromet?

In 2023, Bhansali Ferromet 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

₹18.42 M

Satisfied Charges

₹753.30 M

Charges Breakdown by Lending Institutions

  • Allahabad Bank : 1.84 Cr

Latest Charge Details

DateLenderAmountStatus
13 Jan 1989Allahabad Bank₹8.60 MOpen
13 Jan 1989Allahabad Bank₹8.60 MOpen
27 Nov 1987Allahabad Bank₹1.22 MOpen
15 May 2006Bank Of India₹75.00 CrSatisfied
24 Dec 2004Bank Of India₹3.30 MSatisfied

How Many Employees Work at Bhansali Ferromet?

Unlock and access historical data on people associated with Bhansali Ferromet, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bhansali Ferromet, 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 Ferromet'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 Ferromet

Recent activity within the organization

  • Annual General Meeting

    Bhansali Ferromet Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Bhansali Ferromet Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 15 May 2006 via Charge ID 10008595 with Bank Of India was fully satisfied on 07 Dec 2021.

    07 Dec 2021

  • Charges

    A charge registered on 24 Dec 2004 via Charge ID 90241271 with Bank Of India was fully satisfied on 07 Dec 2021.

    07 Dec 2021

  • Director Appointment

    Mukesh Hiralal Bhansali was appointed as a Director was appointed as a Director on 01 Apr 2013 & has been associated with this company since 11 years 10 months .

    01 Apr 2013

  • Charges

    A charge with Bank Of India of Rs. 750.00 M registered on 15 May 2006 with Charge ID 10008595 was modified on 27 Feb 2012.

    27 Feb 2012

Frequently asked questions

  • Bhansali Ferromet Pvt Ltd was incorporated on 15 Nov 1984.

  • The authorized share capital of Bhansali Ferromet Pvt Ltd is ₹ 2.50 M and paid-up capital is ₹ 1.41 M.

  • Currently 2 directors are associated with Bhansali Ferromet Pvt Ltd.

    • Mukesh Hiralal Bhansali
    • Shantilal Hiralal Bhansali
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bhansali Ferromet Pvt Ltd is Madhav Bhavan 150Nanubhai Desai Rd, Mumbai, Maharashtra, India, 400004.

  • The corporate identification number (CIN) of Bhansali Ferromet Pvt Ltd is U27104MH1984PTC034559 and the company number is 034559 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bhansali Ferromet Pvt Ltd is https://www.bhansalisteel.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bhansali Ferromet Pvt Ltd has fallen by -51.51%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bhansali Ferromet Pvt Ltd has experienced an upsurge of 1.17%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bhansali Ferromet Pvt Ltd amount to ₹ 1.84 Cr.

  • The most recent Balance Sheet for Bhansali Ferromet Pvt Ltd was filed with the ROC on 31 Mar 2023.

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