Bhagawati Steels Private Limited

Bhagawati Steels Private Limited - metals and minerals in Kolabira, Odisha, India. Directors, charges & compliance details.
CIN U13100OR2002PTC006951 Incorporated 22 October 2002 ROC Cuttack HQ Kolabira, Odisha, India
Merged Private Limited Company metals and minerals
Revenue · FY 2019
₹18.02 Cr
▲ 38% YoY
Net profit · FY 2019
₹1.69 Cr
Net margin 9.4%
EBITDA · FY 2019
₹2.71 Cr
EBITDA margin 15%
Authorised capital
₹4.25 Cr
Registered with MCA
Paid-up capital
₹4.24 Cr
Issued & subscribed
Company age
24 yrs
Est. 2002
Employees · EPFO
60
Provident fund records
Directors on board
4
As per MCA filings

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

CIN U13100OR2002PTC006951
Registration Number 006951
Incorporation Date 22 October 2002
ROC Cuttack
Listing Status Unlisted
Company Status Amalgamated
Parent Company Penguin Trading & Agencies Limited
Compliance Status Active Compliant

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 Address
    C/O Seven Star Steels Limited Kalendamal Gudigaon, Kolabira, Odisha, India – 768201
  • Industry
    Metals and Minerals, Steel Manufacturing & Processing

To see the full contact details of Bhagawati Steels Private Limited, buy the company report.

Comprehensive company report
Bhagawati Steels Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Bhagawati Steels is mining and quarrying. In detail, this covers other mining & quarrying activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
BMining and quarryingB4Other 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 available

Bhagawati Steels Private Limited reported revenue of ₹18.02 Cr (up 38% YoY) for FY 2019.

Revenue · FY 2019
₹18.02 Cr ▲ 38%
Net profit · FY 2019
₹1.69 Cr margin 9.4%
EBITDA · FY 2019
₹2.71 Cr margin 15%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 38%
3 years · compounded
▲ 17%
EBITDA CAGR growth
3 years · compounded
▲ 50%

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

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹2.71 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.69 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin15%
Net Profit Margin9.4%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

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.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Nirmal Kumar BathwalDirector19 Oct 201115 Years 0 MonthsAs last reported
Poonam BathwalDirector29 Sep 20179 Years 1 MonthsAs last reported
Kattamuri Annapurneswara RaoDirector30 Sep 201610 Years 1 MonthsAs last reported
Soham BathwalDirector15 Jul 20188 Years 3 MonthsAs last reported

Auditor

Bhagawati Steels Private Limited is audited by S K SINGHANIA & CO for the financial year 2018.

Auditor firmFinancial yearFirm registration number
S K SINGHANIA & COFY 2018302206E

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 categoryFY 2018FY 2017FY 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.

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.

Active EPFO establishments
1

GST

Bhagawati Steels has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
21AACCB1998D1Z0OdishaActive01 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.

AGM
Bhagawati Steels Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Filing
Bhagawati Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Cuttack.
Ceased
Soham Bathwal ceased to be Additional Director.
Appointed
Soham Bathwal was appointed as Director.
Appointed
Poonam Bathwal was appointed as Director.
Ceased
Nikunj Bathwal ceased to be Director.
Appointed
Kattamuri Annapurneswara Rao was appointed as Director.
Ceased
Satish Kumar Agarwal ceased to be Director.
Ceased
Shyam Sundar Agarwal ceased to be Director.
Appointed
Nirmal Kumar Bathwal was appointed as Director.
Ceased
Lalit Kumar Agarwala ceased to be Director.
Incorporation
22 Oct 2002
Bhagawati Steels Private Limited was registered on 22 Oct 2002 with Roc Cuttack & aged 24 years 22 days as per MCA records.

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:

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.