Bhandari Steels Limited Company Logo

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:

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

  • 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 Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.62 Cr
  • Company Age 26 Year, 15 Days
  • 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

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

NameDesignationAppointment DateStatus
Makesh ShanmuganathanDirector28 Jan 2019Current
Jagdish Kumar BhandariManaging Director17 Nov 1999Current
BalasubramanianDirector Appointed In Casual Vacancy01 Oct 2018Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector01 Aug 2018Past
Pramod AbcsddAdditional Director30 Sep 2019Past
Pramod AbcsddDirector29 Jan 2016Past
Pramod AbcsddDirector01 Oct 2018Past
Pramod AbcsddDirector01 Jan 2015Past
Pramod AbcsddAdditional Director15 Mar 2014Past

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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
  • 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
-47.00%
Revenue from Operations
-47.08%
Total Assets
15.33%
Profit or Loss
-13.89%
Net Worth
-16.58%
EBITDA
-34.97%

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 Indicator graph

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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

DateLenderAmountStatus
26 Sep 2019Others₹11.00 CrSatisfied
04 Aug 2005State Bank Of India₹23.00 CrSatisfied
04 Jan 2005Indian Overseas Bank₹4.00 CrSatisfied

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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 growth trends for Bhandari Steels Limited

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.

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

    Bhandari Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 26 Sep 2019 via Charge ID 100301321 with Others was fully satisfied on 08 Jul 2022. was documented.

  • Charges

    Progress on A charge with Others amounted to Rs. 11.00 Cr with Charge ID 100301321 was registered on 26 Sep 2019. was documented.

  • 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

    The activity Makesh Shanmuganathan was appointed as a Director was appointed as a Director on 28 Jan 2019 & has been associated with this company since 6 years 10 months . was completed.

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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