Bhuwalka Steel Industries Profile
Key Indicators
- Authorised Capital ₹ 49.50 Cr
- Paid Up Capital ₹ 0.10 M
- Company Age 43 Year, 6 Months
- Last Filing with ROC 31 Mar 2015
- Open Charges ₹ 273.78 Cr
- Satisfied Charges ₹ 13.00 Cr
- Revenue Growth 133.30%
- Profit Growth 117.26%
- Ebitda -29.89%
- Net Worth 64.16%
- Total Assets 0.28%
About Bhuwalka Steel Industries
Bhuwalka Steel Industries Limited (BSIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 18 August 1981 and has a history of 43 years and six months. Its registered office is in Bangalore, Karnataka, India.
The Company is engaged in the Metal & Minerals Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2015. It's a company limited by shares with an authorized capital of Rs 49.50 Cr and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹273.78 Cr. The company has closed loans amounting to ₹13.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Amit Pitale, Lalitha Cheripalli, and Anand Shroff serve as directors at the Company.
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
L27209KA1981PLC004343
- Company No.
004343
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
18 Aug 1981
- Date of AGM
09 Nov 2015
- Date of Balance Sheet
31 Mar 2015
- Listing Status
Listed
- ROC Code
Roc Bangalore
Industry
Metal & Minerals
Who are the key members and board of directors at Bhuwalka Steel Industries?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anand Shroff  | Managing Director | 09-Nov-2022 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Amit Pitale | Director | 09-Nov-2022 | Current |
| Lalitha Cheripalli | Director | 09-Nov-2022 | Current |
Financial Performance of Bhuwalka Steel Industries.
Bhuwalka Steel Industries Limited, for the financial year ended 2015, experienced significant growth in revenue, with a 133.3% increase. The company also saw a substantial improvement in profitability, with a 117.26% increase in profit. The company's net worth Soared by an impressive increase of 64.16%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Bhuwalka Steel Industries?
In 2015, Bhuwalka Steel Industries had a promoter holding of 70.94% and a public holding of 29.06%. The company had 2 Subsidiaries and 10 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Starteck Finance LimitedAmit Pitale and Anand Shroff are mutual person
- Starteck Corporate Services Private Limited
Anand Shroff is a mutual person
Sw Investments LimitedLalitha Cheripalli is a mutual person
- Sw1 Advisory Private Limited
Amit Pitale and Lalitha Cheripalli are mutual person
- Sw Commodities Private Limited
Amit Pitale is a mutual person
Charges (Loans)
Open Charges
₹273.78 Cr
Satisfied Charges
₹13.00 Cr
Charges Breakdown by Lending Institutions
- Canara Bank & Idbi Bank Limited : 165.28 Cr
- Idbi Bank Limited : 30.80 Cr
- Industrial Development Bank Of India Limited : 24.00 Cr
- Canara Bank : 19.00 Cr
- Indian Overseas Bank : 14.84 Cr
- Others : 19.86 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Feb 2014 | Canara Bank | ₹10.00 Cr | Open |
| 10 May 2013 | Sbi Global Factors Limited | ₹12.71 Cr | Open |
| 24 Jan 2011 | Indian Overseas Bank | ₹14.84 Cr | Open |
| 09 Jan 2009 | Canara Bank | ₹3.00 Cr | Open |
| 03 Oct 2008 | Tata Capital Limited | ₹2.55 Cr | Open |
How Many Employees Work at Bhuwalka Steel Industries?
Bhuwalka Steel Industries has a workforce of 79 employees as of Mar 21, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Bhuwalka Steel Industries, 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 Bhuwalka Steel Industries'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.
Latest Updates, News, and FAQs on Bhuwalka Steel Industries
Recent activity within the organization
- Director Appointment
Amit Subhash Pitale was appointed as a Director was appointed as a Director on 09 Nov 2022 & has been associated with this company since 2 years 3 months .
- Director Appointment
Lalitha Satyanarayan Cheripalli was appointed as a Director was appointed as a Director on 09 Nov 2022 & has been associated with this company since 2 years 3 months .
- Director Appointment
Anand Gopal Shroff was appointed as a Managing Director was appointed as a Managing Director on 09 Nov 2022 & has been associated with this company since 2 years 3 months .
- Annual General Meeting
Bhuwalka Steel Industries Limited last Annual general meeting of members was held on 09 Nov 2015 as per latest MCA records.
- Balance Sheet
Bhuwalka Steel Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2015 with Roc Bangalore.
- Charges
A charge with Canara Bank amounted to Rs. 10.00 Cr with Charge ID 10483069 was registered on 21 Feb 2014.
Frequently asked questions
What is the Incorporation or founding date of Bhuwalka Steel Industries Limited?
Bhuwalka Steel Industries Limited was incorporated on 18 Aug 1981.
What is authorized share capital and paid-up capital of Bhuwalka Steel Industries Limited?
The authorized share capital of Bhuwalka Steel Industries Limited is ₹ 49.50 Cr and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Bhuwalka Steel Industries Limited?
Currently 3 directors are associated with Bhuwalka Steel Industries Limited.
- Amit Subhash Pitale
- Lalitha Satyanarayan Cheripalli
- Anand Gopal Shroff
What is the registered address of Bhuwalka Steel Industries Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Bhuwalka Steel Industries Limited is 10Th Mile Old Madras Road Bandapura Village India, Bangalore, Karnataka, 560049.
What is the corporate identification number (CIN) and company number of Bhuwalka Steel Industries Limited?
The corporate identification number (CIN) of Bhuwalka Steel Industries Limited is L27209KA1981PLC004343 and the company number is 004343 as per Ministry of Corporate Affairs (MCA).
What is the official website of Bhuwalka Steel Industries Limited?
The Official website of Bhuwalka Steel Industries Limited is https://www.bhuwalkagroup.com
What has been the recent revenue trend for Bhuwalka Steel Industries Limited?
According to the financial reports for the fiscal year 2015, the revenue trend for Bhuwalka Steel Industries Limited has risen by 133.30%.
How many employees does Bhuwalka Steel Industries Limited currently have?
As Per 2015 financial reports, 79 employees are currently employed by Bhuwalka Steel Industries Limited.
What change has been observed in the net worth of Bhuwalka Steel Industries Limited, and by what percentage?
The financial reports for the fiscal year 2015 indicates that The net worth of Bhuwalka Steel Industries Limited has experienced an upsurge of 64.16%.
What are the total open charges for Bhuwalka Steel Industries Limited?
As per the financial statements for fiscal Year 2015, The total open charges for Bhuwalka Steel Industries Limited amount to ₹ 273.78 Cr.
When was the last Balance Sheet of Bhuwalka Steel Industries Limited filed with the ROC?
The most recent Balance Sheet for Bhuwalka Steel Industries Limited was filed with the ROC on 31 Mar 2015.
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