Bhuwalka Steel Industries Limited

Manufacturer of structural steel and TMT bars for construction and infrastructure industries in South India.

1981 | Bangalore, Karnataka (India) | Active
Last Updated: December 26, 2023

Bhuwalka Steel Industries Profile

Key Indicators

  • Authorised Capital ₹ 49.50 Cr
  • Paid Up Capital ₹ 0.10 M
  • Company Age 43 Year, 5 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 five months. Its registered office is in Bangalore, Karnataka, 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 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.

Lalitha Cheripalli, Amit Pitale, and Anand Shroff serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • 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

Metals and Minerals

Who are the key members and board of directors at Bhuwalka Steel Industries?

Executive Team (1)

NameDesignationAppointment DateStatus
Anand Shroff Country flag representing In Managing Director09-Nov-2022Current

Board Members (2)

NameDesignationAppointment DateStatus
Amit Pitale Country flag representing In Director 09-Nov-2022Current
Lalitha Cheripalli Country flag representing In Director 09-Nov-2022Current

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%.

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
133.30%
Revenue from Operations
133.39%
Total Assets
0.28%
Profit or Loss
117.26%
Net Worth
64.16%
EBITDA
-29.89%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
21 Feb 2014Canara Bank₹10.00 CrOpen
10 May 2013Sbi Global Factors Limited₹12.71 CrOpen
24 Jan 2011Indian Overseas Bank₹14.84 CrOpen
09 Jan 2009Canara Bank₹3.00 CrOpen
03 Oct 2008Tata Capital Limited₹2.55 CrOpen

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 Bhuwalka Steel Industries

Recent activity within the organization

  • 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 2 months .

    09 Nov 2022

  • 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 2 months .

    09 Nov 2022

  • 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 2 months .

    09 Nov 2022

  • Annual General Meeting

    Bhuwalka Steel Industries Limited last Annual general meeting of members was held on 09 Nov 2015 as per latest MCA records.

    09 Nov 2015

  • Balance Sheet

    Bhuwalka Steel Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2015 with Roc Bangalore.

    31 Mar 2015

  • Charges

    A charge with Canara Bank amounted to Rs. 10.00 Cr with Charge ID 10483069 was registered on 21 Feb 2014.

    21 Feb 2014

Frequently asked questions

  • Bhuwalka Steel Industries Limited was incorporated on 18 Aug 1981.

  • The authorized share capital of Bhuwalka Steel Industries Limited is ₹ 49.50 Cr and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Bhuwalka Steel Industries Limited.

    • Lalitha Satyanarayan Cheripalli
    • Amit Subhash Pitale
    • Anand Gopal Shroff
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bhuwalka Steel Industries Limited is 10Th Mile Old Madras Road, Bandapura Village, Bangalore, Karnataka, India, 560049.

  • 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).

  • The Official website of Bhuwalka Steel Industries Limited is https://www.bhuwalkagroup.com

  • According to the financial reports for the fiscal year 2015, the revenue trend for Bhuwalka Steel Industries Limited has risen by 133.30%.

  • As Per 2015 financial reports, 79 employees are currently employed by Bhuwalka Steel Industries Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2015, The total open charges for Bhuwalka Steel Industries Limited amount to ₹ 273.78 Cr.

  • The most recent Balance Sheet for Bhuwalka Steel Industries Limited was filed with the ROC on 31 Mar 2015.

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