Bhandari Steels Limited - Company Profile

It is a metals and minerals public limited company based in Chennai - 600 001., Tamil Nadu, India, established in 1999.
1999 Chennai - 600 001., Tamil Nadu, India Active
Last Updated:
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About Bhandari Steels Limited

Bhandari Steels Limited, a active public limited company, was established on 17 November 1999 in Chennai - 600 001., Tamil Nadu, India. Engaging in metal retail & distribution within the trade sector, it holds CIN: U27105TN1999PLC043575. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹3.00 Cr and a paid-up capital of ₹2.62 Cr.

Formerly known as Bhandari Steels Private Limited. It upholds a compliant status. Its leadership includes Makesh Shanmuganathan (Director), Jagdish Kumar Bhandari (Managing Director), Balasubramanian (Director Appointed In Casual Vacancy). Past directors included Harsh Kantilal Shah, Makesh Shanmuganathan, Aditya Gupta. It holds no open charges and ₹38.00 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 27B, Mookar Nallamuthu Street,Chennai - 1 Chennai - 1, Chennai - 600 001., Tamil Nadu, 600001.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U27105TN1999PLC043575

  • Registration Number

    043575

  • Incorporation Date

    17 November 1999

  • Authorized Capital

    ₹3.00 Cr

  • Paid-Up Capital

    ₹2.62 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.62 Cr
  • Company Age 26 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 38.00 Cr
  • Revenue Growth **** -47.00%
  • Profit Growth **** -13.89%
  • Ebitda **** -34.97%
  • Net Worth -16.58%
  • Total Assets **** 15.33%
Company report

Bhandari Steels Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Bhandari Steels Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Bhandari Steels Limited?
Current Directors
Name Designation Appointment Date Status
Makesh Shanmuganathan Director 28 Jan 2019 Current
Jagdish Kumar Bhandari Managing Director 17 Nov 1999 Current
Balasubramanian Director Appointed In Casual Vacancy 01 Oct 2018 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 01 Aug 2018 Past
Pramod Abcsdd Additional Director 30 Sep 2019 Past
Pramod Abcsdd Director 29 Jan 2016 Past
Pramod Abcsdd Director 01 Oct 2018 Past
Pramod Abcsdd Director 01 Jan 2015 Past
Pramod Abcsdd Additional Director 15 Mar 2014 Past

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Financial Performance of Bhandari Steels.

Bhandari Steels Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 47% decrease. The company also saw a substantial fall in profitability, with a 13.89% decrease in profit. The company's net worth observed a substantial decline by a decrease of 16.58%.

Bhandari Steels revenue growth over time
Bhandari Steels profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -47.00%
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Revenue from Operations
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 -47.08%
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Total Assets
*******
 15.33%
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*******
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Profit or Loss
*******
 -13.89%
*******
*******
*******
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Net Worth
*******
 -16.58%
*******
*******
*******
*******
EBITDA
*******
 -34.97%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Bhandari Steels?

In 2022, Bhandari Steels had a promoter holding of 72.53% and a public holding of 27.48%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹380,000,000.00

Charges Breakdown by Lending Institutions
  • State Bank Of India : 23.00 Cr
  • Others : 11.00 Cr
  • Indian Overseas Bank : 4.00 Cr
Latest Charge Details
Date Lender Amount Status
26 Sep 2019 Others ₹11.00 Cr Satisfied
04 Aug 2005 State Bank Of India ₹23.00 Cr Satisfied
04 Jan 2005 Indian Overseas Bank ₹4.00 Cr Satisfied

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How Many Employees Work at Bhandari Steels?

Unlock and access historical data on people associated with Bhandari Steels, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bhandari Steels, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Bhandari Steels's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Bhandari Steels
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Bhandari Steels Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Bhandari Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was completed.

  • Charges

    A charge registered on 26 Sep 2019 via Charge ID 100301321 with Others was fully satisfied on 08 Jul 2022. was recorded as a recent event.

  • Charges

    A charge with Others amounted to Rs. 11.00 Cr with Charge ID 100301321 was registered on 26 Sep 2019. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 04 Aug 2005 via Charge ID 80025606 with State Bank Of India was fully satisfied on 08 Aug 2019. was documented.

  • Director Appointment

    Progress on Makesh Shanmuganathan was appointed as a Director was appointed as a Director on 28 Jan 2019 & has been associated with this company since 7 years 16 days . was documented.

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Frequently Asked Questions
What is the CIN of Bhandari Steels Limited?

The CIN of Bhandari Steels Limited is U27105TN1999PLC043575.

Where is Bhandari Steels Limited headquartered?

Bhandari Steels Limited is headquartered at 27B, Mookar Nallamuthu Street,Chennai - 1 Chennai - 1, Chennai - 600 001., Tamil Nadu, 600001.

When was Bhandari Steels Limited incorporated?

Bhandari Steels Limited was incorporated on 17 November 1999.

Who are the current directors of Bhandari Steels Limited?

The current directors of Bhandari Steels Limited are

What is the primary industry of Bhandari Steels Limited?

The primary industry of Bhandari Steels Limited is Trade.

Is Bhandari Steels Limited a listed company?

Bhandari Steels Limited is unlisted.

What is the capital structure of Bhandari Steels Limited?

The authorized capital of Bhandari Steels Limited is ₹3.00 Cr, and the paid-up capital is ₹2.62 Cr.

What is the compliance status of Bhandari Steels Limited?

The compliance status of Bhandari Steels Limited is Compliant.

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