- Category
- Medium (2024-25)
- Udyam number
- UDYAM-WB-08-0007730

About BDG Polysteel Limited
Data last updated:
BDG Polysteel Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the home furnishings manufacturing segment of the consumer goods sector. It was incorporated on 06 November 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U25209WB1997PLC085837. Its GSTIN is 19AABCH2788N1ZX (West Bengal). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹2.25 Cr and a paid-up capital of ₹1.71 Cr. It was formerly known as Hooghly Metals Limited. It is led by directors including Sumit Bhatt and Sushila Devi Agarwala.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 5th Floor Hmp House 4 Fairlie Place, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2025, the company reported a revenue of ₹56.16 Cr, a growth of 43% compared to the previous year. For the same year it recorded a net profit of ₹1.4 Cr (net margin 2.5%) and EBITDA of ₹5 Cr (EBITDA margin 8.9%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 4% over five years.
The company has about 34 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹23.42 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 2 cases are pending. The company has 7 deals on record (4 secondary share transfers, 2 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹10.15 Cr; the latest was in February 2022. Its 4 peer companies in the Consumer Products industry (Home Furnishings Manufacturers, Plastics and Resins), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 4 larger; the largest is Atharva Polymers Private Limited with revenue of ₹56.42 Cr.
BDG Polysteel Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-08-0007730). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website goyalgroup.in.
Company details
CIN history
BDG Polysteel has one previous CIN (Corporate Identification Number): U27104WB1997PLC085837. The current CIN is U25209WB1997PLC085837, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25209WB1997PLC085837 | Current |
| U27104WB1997PLC085837 | Previous |
Recognitions & Rankings of BDG Polysteel
Contact details
BDG Polysteel Limited's registered office is in Kolkata, West Bengal. Its website is goyalgroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address5th Floor Hmp House 4 Fairlie Place, Kolkata, West Bengal, India – 700001
- IndustryConsumer Goods, Home Furnishings Manufacturing
To see the full contact details of BDG Polysteel 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 BDG Polysteel is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of BDG Polysteel Limited, buy the company report.
Financials of BDG Polysteel Limited
FY 2024 filings availableBDG Polysteel Limited reported revenue of ₹56.16 Cr (up 43% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 43% growth in the latest year. EBITDA rose 14% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹5 Cr | ||||
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| Net Profit (PAT) | ₹1.4 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.9% | ||||
| Net Profit Margin | 2.5% | ||||
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To see the full financial statements and ratios of BDG Polysteel Limited, buy the company report.
Board of directors of BDG Polysteel Limited
BDG Polysteel has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumit Bhatt Also directs: BDG Polyplast India Private Limited, Neo Essel Dispoware Private Limited, Bankura Project Private Limited and 2 more | Director | 01 Apr 2022 | 4 Years 7 Months | Current |
| Sushila Devi Agarwala Also directs: Arham Mangal Ltd, BDG Metal & Power Limited, Ashmira Trading Private Limited and 3 more | Director | 09 Jun 2015 | 11 Years 4 Months | Current |
| Alok Goyal Also directs: BDG Steel Udyog LLP, BDG Polyplast India Private Limited, BDG Shanti Polypack Private Limited and 5 more | Director | 09 Jun 2015 | 11 Years 4 Months | Current |
Peer comparison
BDG Polysteel Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Home Furnishings Manufacturers, Plastics and Resins), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Atharva Polymers Private Limited | ₹56.42 Cr (FY 2025) | 0.0% | Pune, Maharashtra, India | |||
| Harshdeep Hortico Limited | ₹56.42 Cr (FY 2025) | 17.0% | Thane, Maharashtra, India | |||
| Makevale Acrylics Private Limited | ₹56.4 Cr (FY 2025) | 34.0% | Post Mokshi, Gujarat, India | |||
| Siddh Chemiplast Private Limited | ₹56.35 Cr (FY 2024) | 27.0% | Delhi, India | |||
| BDG Polysteel Limitedthis company | ₹56.16 Cr (FY 2025) | ₹1.4 Cr | 2.5% | 43.0% | 34 | Kolkata, West Bengal, India |
To see the full peer comparison of BDG Polysteel Limited, buy the company report.
Auditor
BDG Polysteel Limited is audited by S. DHAR & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. DHAR & ASSOCIATES | FY 2024 | 312173E |
Shareholding
The shareholding of BDG Polysteel Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of BDG Polysteel Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Aug 2020 | 100360404 | Indian Bank | ₹3.8 Cr | Open | |
| 19 Aug 2016 | 100049181 | Indian Bank | ₹19.62 Cr | Open |
To see the full charge records of BDG Polysteel Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
BDG Polysteel Limited has 7 deals on record (4 secondary share transfers, 2 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹10.15 Cr; the latest was in February 2022.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2022 | Secondary share transfer | Undisclosed | Buyer: Girija Vincom Private Limited , Canary Tradecom Private Limited , Liesha Trade-Link Private Limited Seller: Gream Traders Exporters Private Limited, M.A.Financial Services Pvt Ltd , Grewal Steel and Holdings P. Ltd. |
| Mar 2016 | Funding round | ₹4.5 Cr | Investors: Bankura Project Private Limited , Shakuntala Vyapaar Private Limited , Arham Mangal Ltd |
| Jun 2015 | Secondary share transfer | Undisclosed | Buyer: Liesha Trade-Link Private Limited , BDG Steel & Power Private Limited , 2 individuals Seller: Mohindra Finvest Private Limited , Mandyati Dealcom Private Limited, Lucky Holdings Private Limited |
| Feb 2015 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Vishwanath Agarwal & Others Huf, 3 individuals |
| Mar 2009 | Funding round | ₹65 Lakh | Investors: Mohindra Finvest Private Limited , Albatross Investment Private Limited, Chaplet Tracon Pvt Ltd |
To see the full deal history of BDG Polysteel Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
BDG Polysteel Limited has 5 court cases on record: 4 filed by BDG Polysteel, 1 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 2 |
| High courts | 1 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Harsoo Business (P) Ltd | Pending |
| NCLT, Kolkata | Insolvency matter | Filed by the company against Harsoo Business Private Limited | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Harsoo Busines Private | Pending |
| Calcutta High Court | Writ petition | Filed by the company against The State of West Bengal and Anr. | Disposed |
| District court, Howrah, West Bengal | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of BDG Polysteel 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
BDG Polysteel Limited was last rated by Care on 07 Jul 2025.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 07 Jul 2025 |
To see the full credit ratings and regulatory alerts of BDG Polysteel Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for BDG Polysteel Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
BDG Polysteel Limited has a workforce of 34 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
BDG Polysteel has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCH2788N1ZX | West Bengal | Active | 01 Jul 2017 |
| 19AABCH2788N2ZW | West Bengal | Active | 10 Nov 2022 |
To see the full GST registrations and return filing status of BDG Polysteel Limited, buy the company report.
Recent activity
BDG Polysteel Limited has 8 board changes on record since 2015: 3 appointments and 5 cessations. The latest: Sumit Bhatt ceased to be Additional Director on 30 Sep 2022.
2 earlier events are in the company report.
Frequently asked questions
BDG Polysteel is an active public limited company based in Kolkata, West Bengal, India. The company works in home furnishings manufacturing, within the consumer goods industry. It was incorporated on 06 November 1997 (29+ years old) and is registered under CIN U25209WB1997PLC085837.
BDG Polysteel has 3 current directors:
- Sumit Bhatt - Director
- Sushila Devi Agarwala - Director
- Alok Goyal - Director
The latest financial statements of BDG Polysteel on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of BDG Polysteel is 19AABCH2788N1ZX, registered in West Bengal. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 19AABCH2788N2ZW (West Bengal).
The CIN (Corporate Identification Number) of BDG Polysteel is U25209WB1997PLC085837. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
BDG Polysteel has 5 court cases on record: 4 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
BDG Polysteel was incorporated on 06 November 1997, making it 29+ years old. It is registered with the Registrar of Companies, Kolkata.
BDG Polysteel has 7 deals on record (4 secondary share transfers, 2 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹10.15 Cr; the latest was in February 2022.
The peers of BDG Polysteel by revenue are Atharva Polymers Private Limited, Harshdeep Hortico Limited, Makevale Acrylics Private Limited, Siddh Chemiplast Private Limited, all in the Consumer Products industry (Home Furnishings Manufacturers, Plastics and Resins), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Sumit Bhatt ceased to be Additional Director on 30 Sep 2022. Somnath Bhattacharyya ceased to be Director on 20 Apr 2022. Sumit Bhatt was appointed as Director on 01 Apr 2022. BDG Polysteel has 8 board changes on record in total.
Yes, BDG Polysteel is registered as a medium enterprise under Udyam registration (number: UDYAM-WB-08-0007730).

