Meenakshi Bright Steel Bars Profile
Key Indicators
- Authorised Capital ₹ 1.90 Cr
as on 29-06-2024
- Paid Up Capital ₹ 1.87 Cr
as on 29-06-2024
- Company Age 32 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 45.00 Cr
as on 29-06-2024
- Satisfied Charges ₹ 45.44 Cr
as on 29-06-2024
- Revenue 23.12%
(FY 2023)
- Profit 34.79%
(FY 2023)
- Ebitda -6.70%
(FY 2023)
- Net Worth 18.23%
(FY 2023)
- Total Assets 8.69%
(FY 2023)
About Meenakshi Bright Steel Bars
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 2023. 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 ₹45.00 Cr. The company has closed loans amounting to ₹45.44 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sajan Bhuwalka, Kishan Bhuwalka, and Shubham Bhuwalka serve as directors at the Company.
- CIN/LLPIN
U27109KA1992PTC066284
- Company No.
066284
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 Aug 1992
- Date of AGM
25 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Meenakshi Bright Steel Bars?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sajan Bhuwalka  | Director | 01-Jun-2011 | Current |
| Kishan Bhuwalka | Director | 01-Jun-2011 | Current |
| Shubham Bhuwalka | Director | 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
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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 LimitedActive 20 years 3 monthsSajan Bhuwalka, Kishan Bhuwalka and 1 more are mutual person
- Bhuwalka & Sons Private LimitedActive 20 years 3 months
Sajan Bhuwalka, Kishan Bhuwalka and 1 more are mutual person
- Vishwakarma International Private LimitedActive 19 years 8 months
Kishan Bhuwalka is a mutual person
- Bhuwalka Castings And Forging Private LimitedActive 20 years 3 months
Kishan Bhuwalka is a mutual person
B-Easy Solutions India Private LimitedActive 8 years 7 monthsKishan Bhuwalka and Shubham Bhuwalka are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 10 Oct 2023 | ₹45.00 Cr | Open |
Hdfc Bank Limited Creation Date: 03 Nov 2018 | ₹1.50 M | Satisfied |
Axis Bank Limited Creation Date: 28 Oct 2011 | ₹30.45 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.
