Indian Bright Steel Co Profile
Key Indicators
- Authorised Capital ₹ 83.00 Cr
- Paid Up Capital ₹ 29.13 Cr
- Company Age 64 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 12.77 Cr
- Revenue Growth -23.81%
- Profit Growth 50.55%
- Ebitda 49.27%
- Net Worth -54.19%
- Total Assets -37.79%
About Indian Bright Steel Co
Indian Bright Steel Co Limited (IBSCL) was founded in India on 25 August 1960 and has a glorious history of 64 years and six months.Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 504731.
The Company is engaged in the Equipment & Machinery 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 83.00 Cr and a paid-up capital of Rs 29.13 Cr.
The company has closed loans amounting to ₹12.77 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Indian Bright Steel Co Limited India is Vedant Bhatt as COMPANY SECRETARY. Bupinder Chadha, Charanjeet Chadha, Ramesh Pareek, and Two other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L29100MH1960PLC011794
- Company No.
011794
- Stock Symbol
BSE : 504731
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
25 Aug 1960
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Equipment & Machinery
Who are the key members and board of directors at Indian Bright Steel Co?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bupinder Chadha  | Managing Director | 02-May-2024 | Current |
| Vedant Bhatt | Company Secretary | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sheetal Nagda | Director | 16-Feb-2024 | Current |
| Charanjeet Chadha | Director | 02-May-2024 | Current |
| Ramesh Pareek | Director | 03-May-2024 | Current |
| Nitin Sarfare | Director | 06-May-2024 | Current |
Financial Performance of Indian Bright Steel Co.
Indian Bright Steel Co Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 23.81% decrease. The company also saw a substantial improvement in profitability, with a 50.55% increase in profit. The company's net worth observed a substantial decline by a decrease of 54.19%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Indian Bright Steel Co?
In 2023, Indian Bright Steel Co had a promoter holding of 35.56% and a public holding of 64.45%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Oriental Foundry Private LimitedSheetal Nagda is a mutual person
Azad Coach Builders Private LimitedBupinder Chadha and Charanjeet Chadha are mutual person
Oriental Rail Infrastructure LimitedSheetal Nagda is a mutual person
- Azad Evergreen Ev Private Limited
Bupinder Chadha is a mutual person
- Nae Mobility Private Limited
Bupinder Chadha and Charanjeet Chadha are mutual person
- Green Drive Solutions Private Limited
Bupinder Chadha and Charanjeet Chadha are mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹12.77 Cr
Charges Breakdown by Lending Institutions
- Industrial Development Bank Of India Limited : 9.00 Cr
- Indian Overseas Bank : 3.70 Cr
- The Punjab National Bank : 0.08 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Aug 2005 | Industrial Development Bank Of India Limited | ₹9.00 Cr | Satisfied |
| 15 Aug 2002 | Indian Overseas Bank | ₹0.30 M | Satisfied |
| 11 Oct 1982 | Indian Overseas Bank | ₹3.00 M | Satisfied |
| 06 Aug 1982 | Indian Overseas Bank | ₹9.87 M | Satisfied |
| 05 Aug 1982 | Indian Overseas Bank | ₹1.24 Cr | Satisfied |
How Many Employees Work at Indian Bright Steel Co?
Unlock and access historical data on people associated with Indian Bright Steel Co, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Indian Bright Steel Co, 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 Indian Bright Steel Co'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 Indian Bright Steel Co
Recent activity within the organization
- Director Appointment
Nitin Atmaram Sarfare was appointed as a Director was appointed as a Director on 06 May 2024 & has been associated with this company since 10 months 5 days .
- Director Appointment
Ramesh Chandra Pareek was appointed as a Director was appointed as a Director on 03 May 2024 & has been associated with this company since 10 months 8 days .
- Director Appointment
Bupinder Singh Chadha was appointed as a Managing Director was appointed as a Managing Director on 02 May 2024 & has been associated with this company since 10 months 9 days .
- Director Appointment
Charanjeet Singh Chadha was appointed as a Director was appointed as a Director on 02 May 2024 & has been associated with this company since 10 months 9 days .
- Director Appointment
Sheetal Bhavin Nagda was appointed as a Director was appointed as a Director on 16 Feb 2024 & has been associated with this company since 1 year 24 days .
- Annual General Meeting
Indian Bright Steel Co Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
Frequently asked questions
What is the Incorporation or founding date of Indian Bright Steel Co Limited?
Indian Bright Steel Co Limited was incorporated on 25 Aug 1960.
What is authorized share capital and paid-up capital of Indian Bright Steel Co Limited?
The authorized share capital of Indian Bright Steel Co Limited is ₹ 83.00 Cr and paid-up capital is ₹ 29.13 Cr.
Who are the current board members & directors of Indian Bright Steel Co Limited?
Currently 6 directors are associated with Indian Bright Steel Co Limited.
- Bupinder Singh Chadha
- Charanjeet Singh Chadha
- Ramesh Chandra Pareek
- Nitin Atmaram Sarfare
- Sheetal Bhavin Nagda
- Vedant Bhatt
What is the registered address of Indian Bright Steel Co Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Indian Bright Steel Co Limited is G-6 8Th Floor Everest Building Janata Nagar Tardeo Road, India, Mumbai, Maharashtra, 400034.
What is the corporate identification number (CIN) and company number of Indian Bright Steel Co Limited?
The corporate identification number (CIN) of Indian Bright Steel Co Limited is L29100MH1960PLC011794 and the company number is 011794 as per Ministry of Corporate Affairs (MCA).
Is Indian Bright Steel Co Limited registered with any stock exchange in India?
Yes, Indian Bright Steel Co Limited is registered on Bombay Stock Exchange (BSE).
What is the official website of Indian Bright Steel Co Limited?
The Official website of Indian Bright Steel Co Limited is https://www.indianbrightsteel.com
What has been the recent revenue trend for Indian Bright Steel Co Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Indian Bright Steel Co Limited has fallen by -23.81%.
What change has been observed in the net worth of Indian Bright Steel Co Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Indian Bright Steel Co Limited has experienced an downturn of -54.19%.
When was the last Balance Sheet of Indian Bright Steel Co Limited filed with the ROC?
The most recent Balance Sheet for Indian Bright Steel Co Limited was filed with the ROC on 31 Mar 2023.
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