Shri Bhagavati Bright Bars Ltd

Manufacturer of bright bars and wires in various shapes and materials since 1991.

1991 | Rajkot, Gujarat (India) | Active
Last Updated:

Shri Bhagavati Bright Bars Profile

Key Indicators

  • Authorised Capital ₹ 5.25 Cr
  • Paid Up Capital ₹ 5.01 Cr
  • Company Age 33 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 15.89 Cr
  • Satisfied Charges ₹ 4.74 Cr
  • Revenue Growth 20.65%
  • Profit Growth 298.44%
  • Ebitda 70.20%
  • Net Worth 50.36%
  • Total Assets 12.02%

About Shri Bhagavati Bright Bars

Shri Bhagavati Bright Bars Ltd (SBBBL) is a leading Public Limited Indian Non-Government Company incorporated in India on 13 December 1991 and has a history of 33 years and four months. Its registered office is in Rajkot, Gujarat, India.

The Company is engaged in the Machinery And Equipment 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 5.25 Cr and a paid-up capital of Rs 5.01 Cr.

The company currently has active open charges totaling ₹15.89 Cr. The company has closed loans amounting to ₹4.74 Cr, as per Ministry of Corporate Affairs (MCA) records.

Umeshbhai Vekaria, Ramnikbhai Parmar, and Uma Vekaria serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27109GJ1991PLC016786

  • Company No.

    016786

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 Dec 1991

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment
Manufacturing

What products or services does Shri Bhagavati Bright Bars Ltd offer?

Shri Bhagavati Bright Bars Ltd offers a wide range of products and services, including Steel Bars, Bright Bar, Steel Bars, Rods, Plates & Sheets, Stainless Steel Bars.

Company report

Shri Bhagavati Bright Bars Ltd

Explore comprehensive data for Shri Bhagavati Bright Bars Ltd, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Shri Bhagavati Bright Bars?

Executive Team (1)

NameDesignationAppointment DateStatus
Umeshbhai Vekaria Country flag representing In Managing Director05-Jan-2007Current

Board Members (2)

NameDesignationAppointment DateStatus
Ramnikbhai Parmar Country flag representing In Whole-Time Director 19-Dec-1992Current
Uma Vekaria Country flag representing In Director 14-Mar-2015Current

Financial Performance of Shri Bhagavati Bright Bars.

Shri Bhagavati Bright Bars Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 20.65% increase. The company also saw a substantial improvement in profitability, with a 298.44% increase in profit. The company's net worth Soared by an impressive increase of 50.36%.

Shri Bhagavati Bright Bars revenue growth over time
Shri Bhagavati Bright Bars 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
20.65%
Revenue from Operations
22.12%
Total Assets
12.02%
Profit or Loss
298.44%
Net Worth
50.36%
EBITDA
70.20%

What is the Ownership and Shareholding Structure of Shri Bhagavati Bright Bars?

In 2023, Shri Bhagavati Bright Bars had a promoter holding of 55.99% and a public holding of 44.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹15.89 Cr

Satisfied Charges

₹4.74 Cr

Charges Breakdown by Lending Institutions

  • Others : 8.95 Cr
  • Hdfc Bank Limited : 6.94 Cr

Latest Charge Details

DateLenderAmountStatus
29 Jun 2023Others₹8.95 CrOpen
20 Dec 2017Hdfc Bank Limited₹6.94 CrOpen
23 Mar 2021Hdfc Bank Limited₹0.90 MSatisfied
04 May 2019Others₹7.50 MSatisfied
24 Mar 2014The Co-Operative Bank Of Rajkot Ltd.₹8.50 MSatisfied

How Many Employees Work at Shri Bhagavati Bright Bars?

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

Employee growth trends for Shri Bhagavati Bright Bars Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shri Bhagavati Bright 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 Shri Bhagavati Bright 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 Shri Bhagavati Bright Bars

Recent activity within the organization

  • Charges

    A charge registered on 23 Mar 2021 via Charge ID 100437250 with Hdfc Bank Limited was fully satisfied on 21 Apr 2024.

  • Annual General Meeting

    Shri Bhagavati Bright Bars Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge with Others of Rs. 8.95 Cr registered on 29 Jun 2023 with Charge ID 100749844 was modified on 07 Aug 2023.

  • Charges

    A charge with Others amounted to Rs. 8.95 Cr with Charge ID 100749844 was registered on 29 Jun 2023.

  • Balance Sheet

    Shri Bhagavati Bright Bars Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 6.94 Cr registered on 20 Dec 2017 with Charge ID 100146983 was modified on 24 Nov 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Shri Bhagavati Bright Bars Ltd?

    Shri Bhagavati Bright Bars Ltd was incorporated on 13 Dec 1991.

  • What is authorized share capital and paid-up capital of Shri Bhagavati Bright Bars Ltd?

    The authorized share capital of Shri Bhagavati Bright Bars Ltd is ₹ 5.25 Cr and paid-up capital is ₹ 5.01 Cr.

  • Who are the current board members & directors of Shri Bhagavati Bright Bars Ltd?

    Currently 3 directors are associated with Shri Bhagavati Bright Bars Ltd.

    • Umeshbhai Shivlal Vekaria
    • Ramnikbhai Mohanbhai Parmar
    • Uma Umeshbhai Vekaria
  • What is the registered address of Shri Bhagavati Bright Bars Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Shri Bhagavati Bright Bars Ltd is 9 Atika Industrial Area Patel Chowk Dhebar Roads, India, Rajkot, Gujarat, 360002.

  • What is the corporate identification number (CIN) and company number of Shri Bhagavati Bright Bars Ltd?

    The corporate identification number (CIN) of Shri Bhagavati Bright Bars Ltd is U27109GJ1991PLC016786 and the company number is 016786 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Shri Bhagavati Bright Bars Ltd?

    The Official website of Shri Bhagavati Bright Bars Ltd is https://www.sbbbl.com

  • What has been the recent revenue trend for Shri Bhagavati Bright Bars Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Shri Bhagavati Bright Bars Ltd has risen by 20.65%.

  • What change has been observed in the net worth of Shri Bhagavati Bright Bars Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Shri Bhagavati Bright Bars Ltd has experienced an upsurge of 50.36%.

  • What are the total open charges for Shri Bhagavati Bright Bars Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Shri Bhagavati Bright Bars Ltd amount to ₹ 15.89 Cr.

  • When was the last Balance Sheet of Shri Bhagavati Bright Bars Ltd filed with the ROC?

    The most recent Balance Sheet for Shri Bhagavati Bright Bars Ltd was filed with the ROC on 31 Mar 2023.

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