Nava Karnataka Steels Profile
Key Indicators
- Authorised Capital ₹ 7.00 Cr
- Paid Up Capital ₹ 6.58 Cr
- Company Age 52 Year, 6 Months
- Last Filing with ROC 31 Mar 2017
- Open Charges ₹ 33.36 Cr
- Satisfied Charges ₹ 28.75 Cr
- Revenue Growth -97.29%
- Profit Growth -190.43%
- Ebitda -1386.72%
- Net Worth -164.91%
- Total Assets -15.55%
About Nava Karnataka Steels
Nava Karnataka Steels Private Limited (NKSPL) was founded in India on 04 September 1972 and has a glorious history of 52 years and six 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 2017. It's a company limited by shares with an authorized capital of Rs 7.00 Cr and a paid-up capital of Rs 6.58 Cr.
The company currently has active open charges totaling ₹33.36 Cr. The company has closed loans amounting to ₹28.75 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ajay Bhuwalka and Ankit 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
U27100KA1972PTC002239
- Company No.
002239
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
04 Sep 1972
- Date of AGM
28 Sep 2017
- Date of Balance Sheet
31 Mar 2017
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Metals and Minerals
Nava Karnataka Steels Private Limited
Explore comprehensive data for Nava Karnataka Steels Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Nava Karnataka Steels?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ajay Bhuwalka  | Whole-Time Director | 14-Aug-2001 | Current |
| Ankit Bhuwalka | Whole-Time Director | 29-Jun-2004 | Current |
Financial Performance of Nava Karnataka Steels.
Nava Karnataka Steels Private Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 97.29% decrease. The company also saw a substantial fall in profitability, with a 190.43% decrease in profit. The company's net worth observed a substantial decline by a decrease of 164.91%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Nava Karnataka Steels?
In 2017, Nava Karnataka Steels had a promoter holding of 100.00%. The company had 2 Subsidiaries and 10 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Mahesh Sponge Iron And Power Limited
Ajay Bhuwalka and Ankit Bhuwalka are mutual person
- Shri Durga Trade Links Private Limited
Ajay Bhuwalka and Ankit Bhuwalka are mutual person
Charges (Loans)
Open Charges
₹33.36 Cr
Satisfied Charges
₹28.75 Cr
Charges Breakdown by Lending Institutions
- Indian Overseas Bank : 32.76 Cr
- L & T Finance Limited : 0.60 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 May 2010 | Indian Overseas Bank | ₹32.76 Cr | Open |
| 05 Apr 2010 | L & T Finance Limited | ₹6.00 M | Open |
| 16 Oct 1991 | Canara Bank | ₹28.75 Cr | Satisfied |
How Many Employees Work at Nava Karnataka Steels?
Nava Karnataka Steels has a workforce of 76 employees as of Mar 28, 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 Nava Karnataka Steels, 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 Nava Karnataka Steels'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 Nava Karnataka Steels
Recent activity within the organization
- Annual General Meeting
Nava Karnataka Steels Private Limited last Annual general meeting of members was held on 28 Sep 2017 as per latest MCA records.
- Balance Sheet
Nava Karnataka Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Bangalore.
- Charges
A charge with Indian Overseas Bank of Rs. 32.76 Cr registered on 05 May 2010 with Charge ID 10230514 was modified on 11 Jan 2012.
- Charges
A charge registered on 16 Oct 1991 via Charge ID 80028884 with Canara Bank was fully satisfied on 24 Sep 2011.
- Charges
A charge with Indian Overseas Bank amounted to Rs. 32.76 Cr with Charge ID 10230514 was registered on 05 May 2010.
- Charges
A charge with L & T Finance Limited amounted to Rs. 0.60 Cr with Charge ID 10214781 was registered on 05 Apr 2010.
Frequently asked questions
What is the Incorporation or founding date of Nava Karnataka Steels Private Limited?
Nava Karnataka Steels Private Limited was incorporated on 04 Sep 1972.
What is authorized share capital and paid-up capital of Nava Karnataka Steels Private Limited?
The authorized share capital of Nava Karnataka Steels Private Limited is ₹ 7.00 Cr and paid-up capital is ₹ 6.58 Cr.
Who are the current board members & directors of Nava Karnataka Steels Private Limited?
Currently 2 directors are associated with Nava Karnataka Steels Private Limited.
- Ajay Kumar Bhuwalka
- Ankit Bhuwalka
What is the registered address of Nava Karnataka Steels Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Nava Karnataka Steels Private Limited is 10Th Mile Old Madras Road Bandapura Village India, Bangalore, Karnataka, 560049.
What is the corporate identification number (CIN) and company number of Nava Karnataka Steels Private Limited?
The corporate identification number (CIN) of Nava Karnataka Steels Private Limited is U27100KA1972PTC002239 and the company number is 002239 as per Ministry of Corporate Affairs (MCA).
What is the official website of Nava Karnataka Steels Private Limited?
The Official website of Nava Karnataka Steels Private Limited is https://www.bhuwalkagroup.com
What has been the recent revenue trend for Nava Karnataka Steels Private Limited?
According to the financial reports for the fiscal year 2017, the revenue trend for Nava Karnataka Steels Private Limited has fallen by -97.29%.
How many employees does Nava Karnataka Steels Private Limited currently have?
As Per 2017 financial reports, 76 employees are currently employed by Nava Karnataka Steels Private Limited.
What change has been observed in the net worth of Nava Karnataka Steels Private Limited, and by what percentage?
The financial reports for the fiscal year 2017 indicates that The net worth of Nava Karnataka Steels Private Limited has experienced an downturn of -164.91%.
What are the total open charges for Nava Karnataka Steels Private Limited?
As per the financial statements for fiscal Year 2017, The total open charges for Nava Karnataka Steels Private Limited amount to ₹ 33.36 Cr.
When was the last Balance Sheet of Nava Karnataka Steels Private Limited filed with the ROC?
The most recent Balance Sheet for Nava Karnataka Steels Private Limited was filed with the ROC on 31 Mar 2017.
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