
Bhagawati Steels Private Limited
About Bhagawati Steels Private Limited
Data last updated:
Bhagawati Steels Private Limited was a private limited company based in Kolabira, Odisha, India, operated as a subsidiary of Penguin Trading & Agencies Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 22 October 2002.
The company was registered with the Registrar of Companies (ROC), Cuttack, under CIN U13100OR2002PTC006951. Its GSTIN is 21AACCB1998D1Z0 (Odisha).
The company had an authorised share capital of ₹4.25 Cr and a paid-up capital of ₹4.24 Cr. It was led by directors including Nirmal Kumar Bathwal and Poonam Bathwal.
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 was at C/O Seven Star Steels Limited Kalendamal Gudigaon, Kolabira, Odisha, India – 768201.
As per the financials filed for FY 2019, the company reported a revenue of ₹18.02 Cr, a growth of 38% compared to the previous year. For the same year it recorded a net profit of ₹1.69 Cr (net margin 9.4%) and EBITDA of ₹2.71 Cr (EBITDA margin 15%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years.
The company had about 60 employees on its provident fund (EPFO) records before it was dissolved.
Company details
Contact details
Bhagawati Steels Private Limited's registered office is in Kolabira, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC/O Seven Star Steels Limited Kalendamal Gudigaon, Kolabira, Odisha, India – 768201
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Bhagawati Steels Private Limited, buy the company report.
- 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 Bhagawati Steels is mining and quarrying. In detail, this covers other mining & quarrying activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | B4 | Other Mining & Quarrying Activities |
To see the full business activity and turnover split of Bhagawati Steels Private Limited, buy the company report.
Financials of Bhagawati Steels Private Limited
FY 2019 filings availableBhagawati Steels Private Limited reported revenue of ₹18.02 Cr (up 38% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over three years, including 38% growth in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹2.71 Cr | ||||
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| Net Profit (PAT) | ₹1.69 Cr | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA Margin | 15% | ||||
| Net Profit Margin | 9.4% | ||||
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To see the full financial statements and ratios of Bhagawati Steels Private Limited, buy the company report.
Board of directors of Bhagawati Steels Private Limited
Bhagawati Steels has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirmal Kumar Bathwal Also directs: Pengune Cowork LLP, Perennial Instaspaces LLP, Shalini Fertilisers Private Ltd and 5 more | Director | 19 Oct 2011 | 15 Years 0 Months | As last reported |
| Poonam Bathwal Also directs: Pengune Cowork LLP, Perennial Instaspaces LLP, Shalini Fertilisers Private Ltd and 5 more | Director | 29 Sep 2017 | 9 Years 1 Months | As last reported |
| Kattamuri Annapurneswara Rao | Director | 30 Sep 2016 | 10 Years 1 Months | As last reported |
| Soham Bathwal Also directs: Pengune Cowork LLP, Perennial Instaspaces LLP, Shalini Fertilisers Private Ltd and 5 more | Director | 15 Jul 2018 | 8 Years 3 Months | As last reported |
Auditor
Bhagawati Steels Private Limited is audited by S K SINGHANIA & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S K SINGHANIA & CO | FY 2018 | 302206E |
Shareholding
The shareholding of Bhagawati Steels Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Bhagawati Steels Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Bhagawati Steels 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 Bhagawati Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bhagawati Steels Private Limited has 1 active EPFO establishment as of Oct 24, 2026.
GST
Bhagawati Steels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AACCB1998D1Z0 | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bhagawati Steels Private Limited, buy the company report.
Recent activity
Bhagawati Steels Private Limited has 9 board changes on record since 2007: 4 appointments and 5 cessations. The latest: Soham Bathwal ceased to be Additional Director on 29 Sep 2018.
Frequently asked questions
Bhagawati Steels has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Bhagawati Steels was a private limited company based in Kolabira, Odisha, India. The company worked in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 22 October 2002 and is registered under CIN U13100OR2002PTC006951. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Bhagawati Steels was incorporated on 22 October 2002. It is registered with the Registrar of Companies, Cuttack.
Bhagawati Steels had 4 directors:
- Nirmal Kumar Bathwal - Director
- Poonam Bathwal - Director
- Kattamuri Annapurneswara Rao - Director
- Soham Bathwal - Director
The CIN (Corporate Identification Number) of Bhagawati Steels is U13100OR2002PTC006951. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Bhagawati Steels is at CO Seven Star Steels Limited Kalendamal Gudigaon, Kolabira, Odisha, India – 768201.
The latest financial statements of Bhagawati Steels 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 2015 are in the company report.
The GSTIN of Bhagawati Steels is 21AACCB1998D1Z0, registered in Odisha.
Bhagawati Steels operated in the metals and minerals industry, in the steel manufacturing and processing segment.
Soham Bathwal ceased to be Additional Director on 29 Sep 2018. Soham Bathwal was appointed as Director on 15 Jul 2018. Poonam Bathwal was appointed as Director on 29 Sep 2017. Bhagawati Steels has 9 board changes on record in total.

