Meenakshi Bright Steel Bars Private Limited

Manufactures and trades steel products for construction and engineering industries.

1992 | Bangalore, Karnataka (India) | Active
Last Updated: June 29, 2024

Meenakshi Bright Steel Bars Profile

Key Indicators

  • Authorised Capital ₹ 1.90 Cr
  • Paid Up Capital ₹ 1.87 Cr
  • Company Age 32 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 45.00 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 six 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 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.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    bhuwalka.co.in

  • 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

    25 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • 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)

NameDesignationAppointment DateStatus
Sajan Bhuwalka Country flag representing In Director 01-Jun-2011Current
Kishan Bhuwalka Country flag representing In Director 01-Jun-2011Current
Shubham Bhuwalka Country flag representing In 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%.

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
23.12%
Revenue from Operations
23.09%
Total Assets
8.69%
Profit or Loss
34.79%
Net Worth
18.23%
EBITDA
-6.70%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹45.00 Cr

Satisfied Charges

₹45.44 Cr

Charges Breakdown by Lending Institutions

  • Others : 45.00 Cr

Latest Charge Details

DateLenderAmountStatus
10 Oct 2023Others₹45.00 CrOpen
03 Nov 2018Hdfc Bank Limited₹1.50 MSatisfied
28 Oct 2011Axis Bank Limited₹30.45 CrSatisfied
26 Aug 2009State Bank Of Hyderabad₹11.50 CrSatisfied
15 Jun 2005Punjab & Sind Bank₹3.19 CrSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 Meenakshi Bright Steel Bars

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 45.00 Cr registered on 10 Oct 2023 with Charge ID 100803556 was modified on 27 Nov 2023.

    27 Nov 2023

  • Charges

    A charge registered on 28 Oct 2011 via Charge ID 10317017 with Axis Bank Limited was fully satisfied on 09 Nov 2023.

    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.

    08 Nov 2023

  • Charges

    A charge with Others amounted to Rs. 45.00 Cr with Charge ID 100803556 was registered on 10 Oct 2023.

    10 Oct 2023

  • Annual General Meeting

    Meenakshi Bright Steel Bars Private Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.

    25 Sep 2023

  • Balance Sheet

    Meenakshi Bright Steel Bars Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

Frequently asked questions

  • Meenakshi Bright Steel Bars Private Limited was incorporated on 12 Aug 1992.

  • The authorized share capital of Meenakshi Bright Steel Bars Private Limited is ₹ 1.90 Cr and paid-up capital is ₹ 1.87 Cr.

  • Currently 3 directors are associated with Meenakshi Bright Steel Bars Private Limited.

    • Sajan Kumar Bhuwalka
    • Kishan Kumar Bhuwalka
    • Shubham Bhuwalka
  • 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, Bangalore, Karnataka, India, 560025.

  • 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).

  • The Official website of Meenakshi Bright Steel Bars Private Limited is https://www.bhuwalka.co.in

  • 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%.

  • As Per 2023 financial reports, 15 employees are currently employed by Meenakshi Bright Steel Bars Private Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Meenakshi Bright Steel Bars Private Limited amount to ₹ 45.00 Cr.

  • The most recent Balance Sheet for Meenakshi Bright Steel Bars Private Limited was filed with the ROC on 31 Mar 2023.

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