- Category
- Medium (2024-25)
- Udyam number
- UDYAM-WB-06-0004069

About Bankaa Steels Private Limited
Data last updated:
Bankaa Steels Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 12 January 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74110WB1995PTC067368. Its GSTIN is 19AAACD8899H2ZY (West Bengal). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹99.87 Lakh. It was formerly known as Deskset Commerce Pvt. Ltd. and S S Banka Private Limited. It is led by directors including Arpit Banka (Whole-Time Director) and Raghav Banka (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 18/1 Maharshi Devendra Road 5th Floor Room No. 064, Kolkata, West Bengal, India – 700007.
As per the financials filed for FY 2023, the company reported a revenue of ₹129.08 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹63.7 Lakh (net margin 0.5%) and EBITDA of ₹1.32 Cr (EBITDA margin 1%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹6 Cr and satisfied charges of ₹6.5 Cr on record. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹98 Lakh; the latest was in March 2021.
Bankaa Steels Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-06-0004069). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bankaasteel.com.
Company details
Name history
Bankaa Steels has undergone 7 name changes throughout its history. The current legal name is Bankaa Steels Private Limited.
| Company Name | Status |
|---|---|
| Bankaa Steels Private Limited | Current |
| Deskset Commerce Pvt. Ltd. | Previous |
| S S Banka Private Limited | Previous |
| Deskset Commerce Pvt. Ltd | Previous |
| Bankka Steels Private Limited | Previous |
| S Banka Private Limited | Previous |
| Veer India Private Limited | Previous |
| Veer Steels Private Limited | Previous |
CIN history
Bankaa Steels has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74110WB1995PTC067368, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110WB1995PTC067368 | Current |
| U99999WB1995PTC067368 | Previous |
| U51219WB1995PTC067368 | Previous |
Recognitions & Rankings of Bankaa Steels
Contact details
Bankaa Steels Private Limited's registered office is in Kolkata, West Bengal. Its website is bankaasteel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address18/1 Maharshi Devendra Road 5th Floor Room No. 064, Kolkata, West Bengal, India – 700007
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Bankaa 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
Financials of Bankaa Steels Private Limited
FY 2025 filings availableBankaa Steels Private Limited reported revenue of ₹129.08 Cr (up 44% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 44% growth in the latest year. EBITDA fell 27% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹129.08 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹1.32 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹63.7 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1% | ||||
| Net Profit Margin | 0.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Bankaa Steels Private Limited, buy the company report.
Board of directors of Bankaa Steels Private Limited
Bankaa Steels has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arpit Banka | Whole-Time Director | 01 Dec 2017 | 8 Years 11 Months | Current |
| Shashak Banka Also directs: Veer Impex Private Limited | Director | 13 Jul 2001 | 25 Years 3 Months | Current |
| Raghav Banka | Whole-Time Director | 01 Aug 2018 | 8 Years 3 Months | Current |
Auditor
Bankaa Steels Private Limited is audited by S NANDY & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S NANDY & CO. | FY 2023 | 329028E |
Shareholding
The shareholding of Bankaa Steels Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bankaa Steels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Oct 2010 | 10253089 | Others | ₹6 Cr | Open | |
| 01 Feb 2022 | 100560034 | Hdfc Bank Limited | ₹5 Cr | Satisfied | |
| 11 Jun 2007 | 10059507 | Centurion Bank of Punjab Limited | ₹1.5 Cr | Satisfied |
To see the full charge records of Bankaa Steels Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Bankaa Steels Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹98 Lakh; the latest was in March 2021.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Shashank Banka, Arpit Banka, Raghav Banka Seller: S.s. Banka & Sons (Huf), Shyam Sunder Banka, Nisha Banka |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Sarita Banka, Shashak Banka & Sons, Nisha Banka Seller: Lucas Financial Services Pvt Ltd , Kumpepar Construction Private Limited, Flamingo Metal Processors Private Limited |
| Mar 2012 | Funding round | ₹98 Lakh | Investors: Shashak Banka & Sons, Sarita Banka, S.s. Banka & Sons (Huf) |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Bankaa 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 Bankaa Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bankaa Steels has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACD8899H2ZY | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bankaa Steels Private Limited, buy the company report.
Recent activity
Bankaa Steels Private Limited has 9 board changes on record since 2001: 3 appointments and 6 cessations. The latest: Shashak Banka ceased to be Director on 04 Nov 2025.
6 earlier events are in the company report.
Frequently asked questions
Bankaa Steels is an active private limited company based in Kolkata, West Bengal, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 12 January 1995 (31+ years old) and is registered under CIN U74110WB1995PTC067368.
Bankaa Steels has 3 current directors:
- Arpit Banka - Whole-Time Director
- Raghav Banka - Whole-Time Director
- Shashak Banka - Director
The latest financial statements of Bankaa Steels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Bankaa Steels is 19AAACD8899H2ZY, registered in West Bengal. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Bankaa Steels is U74110WB1995PTC067368. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bankaa Steels was incorporated on 12 January 1995, making it 31+ years old. It is registered with the Registrar of Companies, Kolkata.
Bankaa Steels has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹98 Lakh; the latest was in March 2021.
Shashak Banka ceased to be Director on 04 Nov 2025. Raghav Banka was appointed as Whole-Time Director on 01 Aug 2018. Nisha Banka ceased to be Director on 02 Jul 2018. Bankaa Steels has 9 board changes on record in total.
Yes, Bankaa Steels is registered as a medium enterprise under Udyam registration (number: UDYAM-WB-06-0004069).
Bankaa Steels can be reached through the website bankaasteel.com. Its registered office is in Kolkata, West Bengal, India.

