Basco Stainless Steel Private Limited
About Basco Stainless Steel Private Limited
Data last updated:
Basco Stainless Steel Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the service-based operations segment of the business services sector. It was incorporated on 09 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC105436.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Syed Mohammed Rafisab and Dakshinamurthy Midhankumar.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 87/5st Choultry Near Anjan Theatre Magadi Main Road, Bangalore, Karnataka, India – 560023.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.8 Cr, a growth of 137% compared to the previous year. For the same year it recorded a net profit of ₹1.25 Lakh (net margin 0.7%) and EBITDA of ₹2.03 Lakh (EBITDA margin 1.1%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Basco Stainless Steel Private Limited's registered office is in Bangalore, Karnataka.
- Registered Address87/5st Choultry Near Anjan Theatre Magadi Main Road, Bangalore, Karnataka, India – 560023
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Basco Stainless Steel is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Basco Stainless Steel Private Limited, buy the company report.
Financials of Basco Stainless Steel Private Limited
FY 2019 filings availableBasco Stainless Steel Private Limited reported revenue of ₹1.8 Cr (up 137% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 137% in the latest year. EBITDA rose 57% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 |
|---|---|---|
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| Other Income | ||
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| EBITDA | ₹2.03 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹1.25 Lakh | |
| Balance Sheet | ||
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| Reserves and Surplus | ||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 1.1% | |
| Net Profit Margin | 0.7% | |
| Return on Equity (ROE) | ||
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To see the full financial statements and ratios of Basco Stainless Steel Private Limited, buy the company report.
Board of directors of Basco Stainless Steel Private Limited
Basco Stainless Steel has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Syed Mohammed Rafisab Also directs: Glomac Stainless Steel Private Limited | Director | 09 Aug 2017 | 9 Years 3 Months | Current |
| Dakshinamurthy Midhankumar | Director | 09 Aug 2017 | 9 Years 3 Months | Current |
Legal cases
No court or tribunal cases involving Basco Stainless Steel Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Basco Stainless Steel Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Basco Stainless Steel Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Basco Stainless Steel Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Dakshinamurthy Midhankumar was appointed as Director on 09 Aug 2017.
Frequently asked questions
Basco Stainless Steel is an active private limited company based in Bangalore, Karnataka, India. The company works in other services, within the business services industry. It was incorporated on 09 August 2017 (9+ years old) and is registered under CIN U74999KA2017PTC105436.
Basco Stainless Steel has 2 current directors:
- Syed Mohammed Rafisab - Director
- Dakshinamurthy Midhankumar - Director
The latest financial statements of Basco Stainless Steel on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Basco Stainless Steel is U74999KA2017PTC105436. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Basco Stainless Steel was incorporated on 09 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Dakshinamurthy Midhankumar was appointed as Director on 09 Aug 2017. Syed Mohammed Rafisab was appointed as Director on 09 Aug 2017.
The registered office of Basco Stainless Steel is at 875st Choultry Near Anjan Theatre Magadi Main Road, Bangalore, Karnataka, India – 560023.
Basco Stainless Steel operates in the business services industry, in the other services segment.
The compliance status of Basco Stainless Steel is compliant as of 15 August 2026. The company is actively filing with the Registrar of Companies.
Basco Stainless Steel can be reached at its registered office: 875st Choultry Near Anjan Theatre Magadi Main Road, Bangalore, Karnataka, India – 560023.
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