Meenakshi Bright Steel Bars Profile
Key Indicators
- Authorised Capital ₹ 1.90 Cr
- Paid Up Capital ₹ 1.87 Cr
- Company Age 32 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 60.00 Cr
- Satisfied Charges ₹ 45.44 Cr
- Revenue Growth 23.12%
- Profit Growth 34.79%
- Ebitda -6.70%
- Net Worth 18.23%
- Total Assets 8.69%
About Meenakshi Bright Steel Bars
Meenakshi Bright Steel Bars Private Limited (MBSBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 August 1992 and has a history of 32 years and seven months. Its registered office is in Bangaluru, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.90 Cr and a paid-up capital of Rs 1.87 Cr.
The company currently has active open charges totaling ₹60.00 Cr. The company has closed loans amounting to ₹45.44 Cr, as per Ministry of Corporate Affairs (MCA) records.
Shubham Bhuwalka, Kishan Bhuwalka, and Sajan Bhuwalka serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27109KA1992PTC066284
- Company No.
066284
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 Aug 1992
- Date of AGM
09 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Metals and Minerals
Who are the key members and board of directors at Meenakshi Bright Steel Bars?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shubham Bhuwalka  | Director | 25-Sep-2023 | Current |
| Kishan Bhuwalka | Director | 01-Jun-2011 | Current |
| Sajan Bhuwalka | Director | 01-Jun-2011 | Current |
Financial Performance of Meenakshi Bright Steel Bars.
Meenakshi Bright Steel Bars Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.12% increase. The company also saw a substantial improvement in profitability, with a 34.79% increase in profit. The company's net worth Soared by an impressive increase of 18.23%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Meenakshi Bright Steel Bars?
In 2023, Meenakshi Bright Steel Bars had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Bhuwalka Alloys Private Limited
Shubham Bhuwalka, Kishan Bhuwalka and 1 more are mutual person
- Bhuwalka & Sons Private Limited
Shubham Bhuwalka, Kishan Bhuwalka and 1 more are mutual person
- Vishwakarma International Private Limited
Kishan Bhuwalka is a mutual person
- Bhuwalka Castings And Forging Private Limited
Kishan Bhuwalka is a mutual person
- Vishwakarma Refractories Private Limited
Kishan Bhuwalka is a mutual person
B-Easy Solutions India Private LimitedShubham Bhuwalka and Kishan Bhuwalka are mutual person
Charges (Loans)
Open Charges
₹60.00 Cr
Satisfied Charges
₹45.44 Cr
Charges Breakdown by Lending Institutions
- Others : 60.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Oct 2023 | Others | ₹60.00 Cr | Open |
| 03 Nov 2018 | Hdfc Bank Limited | ₹1.50 M | Satisfied |
| 28 Oct 2011 | Axis Bank Limited | ₹30.45 Cr | Satisfied |
| 26 Aug 2009 | State Bank Of Hyderabad | ₹11.50 Cr | Satisfied |
| 15 Jun 2005 | Punjab & Sind Bank | ₹3.19 Cr | Satisfied |
How Many Employees Work at Meenakshi Bright Steel Bars?
Meenakshi Bright Steel Bars has a workforce of 15 employees as of Apr 03, 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 Meenakshi Bright Steel Bars, 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 Meenakshi Bright Steel Bars'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 Meenakshi Bright Steel Bars
Recent activity within the organization
- Annual General Meeting
Meenakshi Bright Steel Bars Private Limited last Annual general meeting of members was held on 09 Sep 2024 as per latest MCA records.
- Charges
A charge with Others of Rs. 60.00 Cr registered on 10 Oct 2023 with Charge ID 100803556 was modified on 08 Aug 2024.
- Balance Sheet
Meenakshi Bright Steel Bars Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge registered on 28 Oct 2011 via Charge ID 10317017 with Axis Bank Limited was fully satisfied on 09 Nov 2023.
- Charges
A charge registered on 03 Nov 2018 via Charge ID 100217022 with Hdfc Bank Limited was fully satisfied on 08 Nov 2023.
- Charges
A charge with Others amounted to Rs. 60.00 Cr with Charge ID 100803556 was registered on 10 Oct 2023.
Frequently asked questions
What is the Incorporation or founding date of Meenakshi Bright Steel Bars Private Limited?
Meenakshi Bright Steel Bars Private Limited was incorporated on 12 Aug 1992.
What is authorized share capital and paid-up capital of Meenakshi Bright Steel Bars Private Limited?
The authorized share capital of Meenakshi Bright Steel Bars Private Limited is ₹ 1.90 Cr and paid-up capital is ₹ 1.87 Cr.
Who are the current board members & directors of Meenakshi Bright Steel Bars Private Limited?
Currently 3 directors are associated with Meenakshi Bright Steel Bars Private Limited.
- Shubham Bhuwalka
- Kishan Kumar Bhuwalka
- Sajan Kumar Bhuwalka
What is the registered address of Meenakshi Bright Steel Bars Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Meenakshi Bright Steel Bars Private Limited is No.5 Bhuwalka Landmark Walker Lane (On Langford Road) Richmond Town, India, Bangalore, Karnataka, 560025.
What is the corporate identification number (CIN) and company number of Meenakshi Bright Steel Bars Private Limited?
The corporate identification number (CIN) of Meenakshi Bright Steel Bars Private Limited is U27109KA1992PTC066284 and the company number is 066284 as per Ministry of Corporate Affairs (MCA).
What is the official website of Meenakshi Bright Steel Bars Private Limited?
The Official website of Meenakshi Bright Steel Bars Private Limited is https://www.bhuwalka.co.in
What has been the recent revenue trend for Meenakshi Bright Steel Bars Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Meenakshi Bright Steel Bars Private Limited has risen by 23.12%.
How many employees does Meenakshi Bright Steel Bars Private Limited currently have?
As Per 2023 financial reports, 15 employees are currently employed by Meenakshi Bright Steel Bars Private Limited.
What change has been observed in the net worth of Meenakshi Bright Steel Bars Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Meenakshi Bright Steel Bars Private Limited has experienced an upsurge of 18.23%.
What are the total open charges for Meenakshi Bright Steel Bars Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Meenakshi Bright Steel Bars Private Limited amount to ₹ 60.00 Cr.
When was the last Balance Sheet of Meenakshi Bright Steel Bars Private Limited filed with the ROC?
The most recent Balance Sheet for Meenakshi Bright Steel Bars Private Limited was filed with the ROC on 31 Mar 2024.
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