Chase Bright Steel Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.69 Cr
- Company Age 65 Year, 4 Months
- Last Filing with ROC 31 Mar 2022
- Satisfied Charges ₹ 21.60 Cr
- Revenue Growth -63.68%
- Profit Growth 85.52%
- Ebitda 87.32%
- Net Worth -12.50%
- Total Assets -27.34%
About Chase Bright Steel
Chase Bright Steel Limited (CBSL) was founded in India on 16 October 1959 and has a glorious history of 65 years and four months.Its registered office is in Raigarh, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 504671.
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 2022. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.69 Cr.
The company has closed loans amounting to ₹21.60 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Chase Bright Steel Limited India are Nidhi Jain as COMPANY SECRETARY and Franklin Tavares as Cfo. Kanika Vijayvergiya, Shilpa Dutt, and Avinash Jajodia serve as directors at the Company.
Company Details
- Location
Raigarh, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L99999MH1959PLC011479
- Company No.
011479
- Stock Symbol
BSE : 504671
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
16 Oct 1959
- Date of AGM
30 Sep 2022
- Date of Balance Sheet
31 Mar 2022
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
What products or services does Chase Bright Steel Limited offer?
Chase Bright Steel Limited offers a wide range of products and services, including Stainless Steel Bars, Stainless Steel Hexagon Bar, Steel Bars, Rods, Plates & Sheets, Mild Steel Bars, Steel Bars, Free Cutting Steel, Mild Steel Round Bar, Steel Rods, Alloy Steel Rod.
Who are the key members and board of directors at Chase Bright Steel?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nidhi Jain  | Company Secretary | 09-Nov-2024 | Current |
| Franklin Tavares | CFO | 16-Dec-2024 | Current |
| Avinash Jajodia | Managing Director | 12-Jun-1998 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kanika Vijayvergiya | Director | 11-Nov-2016 | Current |
| Shilpa Dutt | Director | 12-Nov-2021 | Current |
Financial Performance of Chase Bright Steel.
Chase Bright Steel Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 63.68% decrease. The company also saw a substantial improvement in profitability, with a 85.52% increase in profit. The company's net worth observed a substantial decline by a decrease of 12.5%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Chase Bright Steel?
In 2022, Chase Bright Steel had a promoter holding of 72.32% and a public holding of 27.69%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Aurum Ventures Private LimitedAvinash Jajodia is a mutual person
Selfin India Financial Services Private LimitedNidhi Jain is a mutual person
Chase Enterprises Pvt LtdAvinash Jajodia is a mutual person
- Rose Investment Private Limited
Avinash Jajodia is a mutual person
Charges (Loans)
₹0
₹21.60 Cr
Charges Breakdown by Lending Institutions
- Allahabad Bank : 12.44 Cr
- Religare Finvest Limited : 7.50 Cr
- Others : 1.50 Cr
- Reliance Capital Ltd : 0.17 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Apr 2016 | Others | ₹1.50 Cr | Satisfied |
| 31 Aug 2015 | Reliance Capital Ltd | ₹1.66 M | Satisfied |
| 30 May 2015 | Religare Finvest Limited | ₹1.75 Cr | Satisfied |
| 10 Dec 2014 | Religare Finvest Limited | ₹3.25 Cr | Satisfied |
| 28 Feb 2013 | Religare Finvest Limited | ₹2.50 Cr | Satisfied |
How Many Employees Work at Chase Bright Steel?
Chase Bright Steel has a workforce of 2 employees as of Apr 08, 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 Chase Bright Steel, 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 Chase Bright Steel'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.
