Utkarsh Bars Private Limited

Manufactures TMT steel bars and deals in steel and alloy steel products.

1988 | Ahmedabad, Gujarat (India) | Active
Last Updated: November 15, 2024

Utkarsh Bars Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 2.77 Cr
  • Company Age 36 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 25.41 Cr
  • Satisfied Charges ₹ 21.00 Cr
  • Revenue Growth 18.52%
  • Profit Growth 50.38%
  • Ebitda 40.40%
  • Net Worth 20.02%
  • Total Assets 91.63%

About Utkarsh Bars

Utkarsh Bars Private Limited (UBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 September 1988 and has a history of 36 years and four months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Sunil Synthetics Private Limited. 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 5.00 Cr and a paid-up capital of Rs 2.77 Cr.

The company currently has active open charges totaling ₹25.41 Cr. The company has closed loans amounting to ₹21.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Niraj Arya, Arpana Arya, and Vedsi Arya serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27100GJ1988PTC011222

  • Company No.

    011222

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Sep 1988

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Metals and Minerals

Who are the key members and board of directors at Utkarsh Bars?

Executive Team (2)

NameDesignationAppointment DateStatus
Niraj Arya Country flag representing In Managing Director02-Jul-2002Current
Vedsi Arya Country flag representing In Managing Director01-Jul-2023Current

Board Members (1)

NameDesignationAppointment DateStatus
Arpana Arya Country flag representing In Whole-Time Director 27-Sep-2014Current

Financial Performance of Utkarsh Bars.

Utkarsh Bars Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.52% increase. The company also saw a substantial improvement in profitability, with a 50.38% increase in profit. The company's net worth Soared by an impressive increase of 20.02%.

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
18.52%
Revenue from Operations
18.49%
Total Assets
91.63%
Profit or Loss
50.38%
Net Worth
20.02%
EBITDA
40.40%

What is the Ownership and Shareholding Structure of Utkarsh Bars?

In 2023, Utkarsh Bars had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹25.41 Cr

Satisfied Charges

₹21.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 25.41 Cr

Latest Charge Details

DateLenderAmountStatus
01 Nov 2022Others₹24.50 CrOpen
26 Aug 2011Others₹9.09 MOpen
25 Oct 2011Others₹21.00 CrSatisfied

How Many Employees Work at Utkarsh Bars?

Utkarsh Bars has a workforce of 9 employees as of Nov 14, 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 Utkarsh 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 Utkarsh 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 Utkarsh Bars

Recent activity within the organization

  • Annual General Meeting

    Utkarsh Bars Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Vedsi Niraj Arya was appointed as a Managing Director was appointed as a Managing Director on 01 Jul 2023 & has been associated with this company since 1 year 7 months .

    01 Jul 2023

  • Balance Sheet

    Utkarsh Bars Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 0.91 Cr registered on 26 Aug 2011 with Charge ID 10304013 was modified on 20 Jan 2023.

    20 Jan 2023

  • Charges

    A charge with Others of Rs. 24.50 Cr registered on 01 Nov 2022 with Charge ID 100629942 was modified on 26 Dec 2022.

    26 Dec 2022

  • Charges

    A charge registered on 25 Oct 2011 via Charge ID 10315337 with Others was fully satisfied on 05 Dec 2022.

    05 Dec 2022

Frequently asked questions

  • Utkarsh Bars Private Limited was incorporated on 07 Sep 1988.

  • The authorized share capital of Utkarsh Bars Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.77 Cr.

  • Currently 3 directors are associated with Utkarsh Bars Private Limited.

    • Niraj Jaidev Arya
    • Arpana Niraj Arya
    • Vedsi Niraj Arya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Utkarsh Bars Private Limited is Block C1203 Ratnakar Appartments -3 Opp Kaladarshan Apts, Prernatirthjainderasar Satellite India, Ahmedabad, Gujarat, 380015.

  • The corporate identification number (CIN) of Utkarsh Bars Private Limited is U27100GJ1988PTC011222 and the company number is 011222 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Utkarsh Bars Private Limited is https://www.aryagroup.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Utkarsh Bars Private Limited has risen by 18.52%.

  • As Per 2023 financial reports, 9 employees are currently employed by Utkarsh Bars Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Utkarsh Bars Private Limited has experienced an upsurge of 20.02%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Utkarsh Bars Private Limited amount to ₹ 25.41 Cr.

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

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