Purvi Bharat Steel Ltd

Manufactures and trades Hermo-Mechanically Treated (TMT) bars, managed by Kandoi family since 1995.

1995 | Cuttack, Odisha (India) | Active
Last Updated: December 03, 2024

Purvi Bharat Steel Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 5.41 Cr
  • Company Age 30 Year, 26 Days
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 5.00 M
  • Satisfied Charges ₹ 10.00 Cr
  • Revenue Growth 4610.95%
  • Profit Growth 150.05%
  • Ebitda 148.45%
  • Net Worth 9.87%
  • Total Assets 7.53%

About Purvi Bharat Steel

Purvi Bharat Steel Ltd (PBSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 06 January 1995 and has a history of 30 years. Its registered office is in Cuttack, Odisha, 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 2022. It's a company limited by shares with an authorized capital of Rs 6.00 Cr and a paid-up capital of Rs 5.41 Cr.

The company currently has active open charges totaling ₹5.00 M. The company has closed loans amounting to ₹10.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ratana Kandoi, Navin Kandoi, and Ganesh Kandoi serve as directors at the Company.

Company Details

  • Location

    Cuttack, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27104OR1995PLC003820

  • Company No.

    003820

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    06 Jan 1995

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Metals and Minerals

Who are the key members and board of directors at Purvi Bharat Steel?

Executive Team (1)

Name Designation Appointment Date Status
Navin Kandoi Country flag representing In Managing Director 06-Mar-2003 Current

Board Members (2)

Name Designation Appointment Date Status
Ratana Kandoi Country flag representing In Director 06-Jul-2012 Current
Ganesh Kandoi Country flag representing In Director 06-Jan-1995 Current

Financial Performance of Purvi Bharat Steel.

Purvi Bharat Steel Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 4610.95% increase. The company also saw a substantial improvement in profitability, with a 150.05% increase in profit. The company's net worth moved up by a moderate rise of 9.87%.

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
4610.95%
Revenue from Operations
5266.77%
Total Assets
7.53%
Profit or Loss
150.05%
Net Worth
9.87%
EBITDA
148.45%

What is the Ownership and Shareholding Structure of Purvi Bharat Steel?

In 2022, Purvi Bharat Steel 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

₹0.50 Cr

Satisfied Charges

₹10.00 Cr

Charges Breakdown by Lending Institutions

  • Orissa State Financial Corporation : 0.50 Cr

Latest Charge Details

Date Lender Amount Status
08 Apr 1997 Orissa State Financial Corporation ₹5.00 M Open
23 Aug 2005 Bank Of India ₹10.00 Cr Satisfied

How Many Employees Work at Purvi Bharat Steel?

Unlock and access historical data on people associated with Purvi Bharat Steel, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Purvi Bharat Steel, 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 Purvi Bharat Steel'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 Purvi Bharat Steel

Recent activity within the organization

  • Annual General Meeting

    Purvi Bharat Steel Ltd last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Purvi Bharat Steel Ltd has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Cuttack.

    31 Mar 2022

  • Charges

    A charge registered on 23 Aug 2005 via Charge ID 90080486 with Bank Of India was fully satisfied on 18 Aug 2016.

    18 Aug 2016

  • Charges

    A charge with Bank Of India of Rs. 10.00 Cr registered on 23 Aug 2005 with Charge ID 90080486 was modified on 15 Jan 2014.

    15 Jan 2014

  • Director Appointment

    Ratana Kandoi was appointed as a Director was appointed as a Director on 06 Jul 2012 & has been associated with this company since 12 years 6 months .

    06 Jul 2012

  • Charges

    A charge with Bank Of India amounted to Rs. 10.00 Cr with Charge ID 90080486 was registered on 23 Aug 2005.

    23 Aug 2005

Frequently asked questions

  • Purvi Bharat Steel Ltd was incorporated on 06 Jan 1995.

  • The authorized share capital of Purvi Bharat Steel Ltd is ₹ 6.00 Cr and paid-up capital is ₹ 5.41 Cr.

  • Currently 3 directors are associated with Purvi Bharat Steel Ltd.

    • Ratana Kandoi
    • Navin Kumar Kandoi
    • Ganesh Prasad Kandoi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Purvi Bharat Steel Ltd is Kandoi House Mathasahi, Chauliaganj India, Cuttack, Orissa, 753003.

  • The corporate identification number (CIN) of Purvi Bharat Steel Ltd is U27104OR1995PLC003820 and the company number is 003820 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Purvi Bharat Steel Ltd has risen by 4610.95%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Purvi Bharat Steel Ltd has experienced an upsurge of 9.87%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Purvi Bharat Steel Ltd amount to ₹ 5.00 M.

  • The most recent Balance Sheet for Purvi Bharat Steel Ltd was filed with the ROC on 31 Mar 2022.

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