Startup India Government of India
Bansari Alloys Private Limited
Bansari Alloys Private Limited - metals and minerals in Village - Punsari, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹3.88 Lakh
▼ 77% YoY
Net profit · FY 2022
₹6,482
Net margin 1.7%
EBITDA · FY 2022
₹6,482
EBITDA margin 1.7%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹10 Cr
Issued & subscribed
Open charges
₹39 Cr
Satisfied ₹39 Cr
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
About Bansari Alloys Private Limited
Data last updated:
Bansari Alloys Private Limited is a private limited company based in Village - Punsari, Gujarat, India, recognised as a startup by DPIIT. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 28 June 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27320GJ2017PTC098055. Its GSTIN is 24AAHCB3173D1Z2 (Gujarat).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹10 Cr. It is led by directors Dharmendra Dineshbhai Patel and Sonalben Dharmendrakumar Patel.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at At Post – Punsari Taluka – Prantij, Village – Punsari, Gujarat, India – 383307.
As per the financials filed for FY 2022, the company reported a revenue of ₹3.88 Lakh, a decline of 77% compared to the previous year. For the same year it recorded a net profit of ₹6,482 (net margin 1.7%) and EBITDA of ₹6,482 (EBITDA margin 1.7%).
As per MCA filings, the company has open charges of ₹39 Cr and satisfied charges of ₹39 Cr on record. Court records list 7 cases involving the company, including 2 filed by the company and 5 filed against it; 2 cases are pending.
Bansari Alloys Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-21-0003051). The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN U27320GJ2017PTC098055
Registration Number 098055
Incorporation Date 28 June 2017
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Non-Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-GJ-21-0003051
Recognitions & Rankings of Bansari Alloys
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-GJ-21-0003051
Contact details
Bansari Alloys Private Limited's registered office is in Village - Punsari, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressAt Post – Punsari Taluka – Prantij, Village – Punsari, Gujarat, India – 383307
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Bansari Alloys Private Limited, buy the company report.
Comprehensive company report
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- 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 Bansari Alloys is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Bansari Alloys Private Limited, buy the company report.
Financials of Bansari Alloys Private Limited
FY 2022 filings availableBansari Alloys Private Limited reported revenue of ₹3.88 Lakh (down 77% YoY) for FY 2022.
Revenue · FY 2022
₹3.88 Lakh ▼ 77%
Net profit · FY 2022
₹6,482 margin 1.7%
EBITDA · FY 2022
₹6,482 margin 1.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 77%
EBITDA CAGR growth
1 year
▼ 87%
Revenue fell 77% in the latest year. EBITDA fell 87% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.88 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹6,482 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6,482 | ||||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.7% | ||||
| Net Profit Margin | 1.7% | ||||
| 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 Bansari Alloys Private Limited, buy the company report.
Board of directors of Bansari Alloys Private Limited
Bansari Alloys has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dharmendra Dineshbhai Patel Also directs: Aakshaar Moulds Private Limited | Director | 28 Jun 2017 | 9 Years 4 Months | Current |
| Sonalben Dharmendrakumar Patel Also directs: Aakshaar Moulds Private Limited | Director | 28 Jun 2017 | 9 Years 4 Months | Current |
Auditor
Bansari Alloys Private Limited is audited by RAMANI & VASOYA for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMANI & VASOYA | FY 2022 | 135828W |
Shareholding
The shareholding of Bansari Alloys Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2018 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Bansari Alloys Private Limited, buy the company report.
Charges & borrowings
Open charges
₹39 Cr
Satisfied charges
₹39 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2017 | 100161096 | Indian Bank | ₹39 Cr | Satisfied |
To see the full charge records of Bansari Alloys Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Bansari Alloys Private Limited has 7 court cases on record: 2 filed by Bansari Alloys, 5 filed against it. 2 cases are pending and 5 are disposed.
Total cases
7
Filed by the company
2
Filed against the company
5
Pending
2
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 2 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Sanghi Industries Ltd / Gaurang Jayantilal Bhatt | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Sabarkantha at Himmatnagar, Gujarat | Criminal miscellaneous application | Filed against the company by Indian Bank Through Authorised Officer Mr. Rohit Ranjan | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Indian Bank (Allahabad Bank) | Disposed |
To see the full case history of Bansari Alloys Private 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bansari Alloys Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bansari Alloys has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCB3173D1Z2 | Gujarat | Active | 05 Sep 2017 |
To see the full GST registrations and return filing status of Bansari Alloys Private Limited, buy the company report.
Recent activity
Bansari Alloys Private Limited has 6 board changes on record since 2017: 4 appointments and 2 cessations. The latest: Dhruvil Nareshbhai Patel ceased to be Director on 18 Mar 2025.
Ceased
Dhruvil Nareshbhai Patel ceased to be Director.
Ceased
Parshotam Manjibhai Vaghani ceased to be Director.
Charges
A charge registered on 30 Dec 2017 via Charge ID 100161096 with Indian Bank was fully satisfied on 06 Mar 2025.
AGM
Bansari Alloys Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Bansari Alloys Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ahmedabad.
Charges
A charge with Indian Bank amounted to Rs. 39.00 Cr with Charge ID 100161096 was registered on 30 Dec 2017.
Appointed
Dharmendra Dineshbhai Patel was appointed as Director.
Appointed
Dhruvil Nareshbhai Patel was appointed as Director.
Appointed
Parshotam Manjibhai Vaghani was appointed as Director.
Appointed
Sonalben Dharmendrakumar Patel was appointed as Director.
Incorporation
28 Jun 2017
Bansari Alloys Private Limited was registered on 28 Jun 2017 with Roc Ahmedabad & aged 9 years 4 months as per MCA records.
Frequently asked questions
Bansari Alloys is an active private limited company based in Village - Punsari, Gujarat, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 28 June 2017 (9+ years old) and is registered under CIN U27320GJ2017PTC098055.
Bansari Alloys has 2 current directors:
- Dharmendra Dineshbhai Patel - Director
- Sonalben Dharmendrakumar Patel - Director
The latest financial statements of Bansari Alloys on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Bansari Alloys is 24AAHCB3173D1Z2, registered in Gujarat.
The CIN (Corporate Identification Number) of Bansari Alloys is U27320GJ2017PTC098055. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bansari Alloys has 7 court cases on record: 2 filed by the company and 5 filed against it. 2 are pending. Most are in the district courts.
Bansari Alloys was incorporated on 28 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Dhruvil Nareshbhai Patel ceased to be Director on 18 Mar 2025. Parshotam Manjibhai Vaghani ceased to be Director on 18 Mar 2025. Dharmendra Dineshbhai Patel was appointed as Director on 28 Jun 2017. Bansari Alloys has 6 board changes on record in total.
Yes, Bansari Alloys is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Bansari Alloys is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-21-0003051).
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