About Bamnipal Steel Limited
Data last updated:
Bamnipal Steel Limited was a public limited company based in Palghar, Maharashtra, India, operated as a subsidiary of Tata Steel 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 metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 19 January 2018.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U27310MH2018PLC304494. Its GSTIN is 27AAHCB6269N1Z0 (Maharashtra).
The company had an authorised share capital of ₹30,500 Cr and a paid-up capital of ₹258.9 Cr. It was led by directors including Samita Shah (Managing Director) and Dibyendu Bose.
Its last annual general meeting (AGM) was held on 15 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Tarapur Complex Plot No. F8 MIDC Tarapur Industrial Area, Palghar, Maharashtra, India – 401506.
As per the financials filed for FY 2021, the company reported a revenue of ₹44.54 Lakh, a decline of 72% compared to the previous year. For the same year it recorded a net profit of ₹31.2 Lakh (net margin 70.1%) and EBITDA of ₹36.59 Lakh (EBITDA margin 82.2%).
Court records list 4 cases involving the company, including 4 filed against it; 2 cases are pending.
The last known website on record is tatasteel.com.
Company details
Contact details
Bamnipal Steel Limited's registered office is in Palghar, Maharashtra. Its website is tatasteel.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressTarapur Complex Plot No. F8 MIDC Tarapur Industrial Area, Palghar, Maharashtra, India – 401506
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of Bamnipal Steel 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
Financials of Bamnipal Steel Limited
FY 2021 filings availableBamnipal Steel Limited reported revenue of ₹44.54 Lakh (down 72% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 72% in the latest year. EBITDA fell 76% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹44.54 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹36.59 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹31.2 Lakh | |||
| 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 82.2% | |||
| Net Profit Margin | 70.1% | |||
| 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 Bamnipal Steel Limited, buy the company report.
Board of directors and KMP of Bamnipal Steel Limited
Bamnipal Steel Limited currently reports 4 directors and 1 key managerial person. 5 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dibyendu Bose | Director | 25 Apr 2018 | 8 Years 6 Months | As last reported |
| Sandip Biswas Also directs: Liberty Steel SBQ Limited, Adhunik Metaliks Limited, Indianext Ventures Private Limited and 3 more | Director | 19 Jan 2018 | 8 Years 9 Months | As last reported |
| Samita Shah Also directs: TRF Limited., Tata Steel Downstream Products Limited, Tata Bluescope Steel Private Limited and 3 more | Managing Director | 14 Dec 2018 | 7 Years 10 Months | As last reported |
| Raghupathy Ranganath Rao | Director | 25 Apr 2018 | 8 Years 6 Months | As last reported |
| Pooja Kishore Maru | Company Secretary | 14 Dec 2018 | 7 Years 10 Months | As last reported |
Peer comparison
Bamnipal Steel Limited is compared with the 10 companies closest to it by revenue in the Metals and Minerals industry (Metals, Steel), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shaurya Casting Private Limited | ₹44.99 Lakh (FY 2022) | -71.0% | Ahmedabad, Gujarat, India | |||
| Kridhan Petrochemicals Private Limited | ₹44.92 Lakh (FY 2025) | 191.0% | Mumbai, Maharashtra, India | |||
| Shivanchal Alloys Private Limited | ₹44.81 Lakh (FY 2025) | 252.0% | Jaipur, Rajasthan, India | |||
| Karambhumi Metal Industries Private Limited | ₹44.8 Lakh (FY 2023) | 11.0% | Modasa, Gujarat, India | |||
| World Metal Industries Limited | ₹44.64 Lakh (FY 2025) | 55700.0% | Bhubaneswar, Odisha, India | |||
| Bamnipal Steel Limitedthis company | ₹44.54 Lakh (FY 2021) | ₹31.2 Lakh | 70.1% | -72.0% | Palghar, Maharashtra, India | |
| Karen Steel Private Limited | ₹44.51 Lakh (FY 2025) | Bangalore, Karnataka, India | ||||
| Meghalai Steels Private Limited | ₹44.46 Lakh (FY 2025) | -94.0% | Coimbatore, Tamil Nadu, India | |||
| Cosmos Ispat Private Limited | ₹44.44 Lakh (FY 2025) | 6.0% | Raipur, Chhattisgarh, India | |||
| Pioneer Steel Furniture Private Limited | ₹44.36 Lakh (FY 2024) | -35.0% | Kagal, Maharashtra, India | |||
| Neelgiri Steels Private Limited | ₹44.34 Lakh (FY 2025) | 10.0% | Punjab, India |
To see the full peer comparison of Bamnipal Steel Limited, buy the company report.
Auditor
Bamnipal Steel Limited is audited by A M K & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A M K & ASSOCIATES | FY 2018 | 327817E |
Shareholding
The shareholding of Bamnipal Steel Limited is on record for FY 2018, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2018 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Bamnipal Steel Limited, buy the company report.
Legal cases
Bamnipal Steel Limited has 4 court cases on record: 4 filed against it. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 4 | 4 | 2 |
Cases on record (2 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by individuals | Pending |
| NCLAT, Court III | Tribunal matter | Filed against the company by individuals | Disposed |
To see the full case history of Bamnipal Steel Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Bamnipal Steel Limited was last rated by Icra on 12 Apr 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 12 Apr 2019 |
To see the full credit ratings and regulatory alerts of Bamnipal Steel Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bamnipal Steel Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bamnipal Steel has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCB6269N1Z0 | Maharashtra | Active | 04 Apr 2018 |
To see the full GST registrations and return filing status of Bamnipal Steel Limited, buy the company report.
Recent activity
Bamnipal Steel Limited has 10 board changes on record since 2018: 5 appointments and 5 cessations. The latest: Pooja Kishore Maru was appointed as Company Secretary on 14 Dec 2018.
1 earlier event is in the company report.
News
Frequently asked questions
Bamnipal Steel 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.
Bamnipal Steel was a public limited company based in Palghar, Maharashtra, India. The company worked in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 19 January 2018 and is registered under CIN U27310MH2018PLC304494. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Bamnipal Steel was incorporated on 19 January 2018. It is registered with the Registrar of Companies, Mumbai.
Bamnipal Steel had 5 directors and KMP:
- Samita Shah - Managing Director
- Dibyendu Bose - Director
- Sandip Biswas - Director
- Raghupathy Ranganath Rao - Director
- Pooja Kishore Maru - Company Secretary
The CIN (Corporate Identification Number) of Bamnipal Steel is U27310MH2018PLC304494. 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 Bamnipal Steel is at Tarapur Complex Plot No. F8 MIDC Tarapur Industrial Area, Palghar, Maharashtra, India – 401506.
Bamnipal Steel can be reached through the website tatasteel.com. Its registered office is in Palghar, Maharashtra, India.
The latest financial statements of Bamnipal Steel on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 15 September 2021. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Bamnipal Steel is 27AAHCB6269N1Z0, registered in Maharashtra.
Bamnipal Steel operated in the metals and minerals industry, in the metal manufacturing and processing segment.
The peers of Bamnipal Steel by revenue are Shaurya Casting Private Limited, Kridhan Petrochemicals Private Limited, Shivanchal Alloys Private Limited, Karambhumi Metal Industries Private Limited, World Metal Industries Limited and 5 more, all in the Metals and Minerals industry (Metals, Steel).