Bipush Steels Private Limited
About Bipush Steels Private Limited
Data last updated:
Bipush Steels Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the engineering components retail and distribution segment of the engineering sector. It was incorporated on 28 April 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1994PTC078053. Its GSTIN is 27AAACB8945Q1ZY (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Sethumadhavan Kozhikkulavantavita and Suresh Manappatty Purakkandy.
Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 121 Dimple Arcade Asha Nagar Thakkur Complex Kandivali East, Mumbai, Maharashtra, India – 400101.
As per the financials filed for FY 2020, the company reported a revenue of ₹17.41 Lakh, a decline of 24% compared to the previous year. For the same year it recorded a net loss of ₹1.76 Lakh (net margin -10.1%) and EBITDA of -₹1.61 Lakh (EBITDA margin -9.2%). Revenue has declined at a compounded annual rate (CAGR) of 70% over three years and 58% over five years.
As per MCA filings, the company has open charges of ₹40 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Bipush Steels has one previous CIN (Corporate Identification Number): U27106MH1994PTC078053. The current CIN is U99999MH1994PTC078053, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U99999MH1994PTC078053 | Current |
| U27106MH1994PTC078053 | Previous |
Contact details
Bipush Steels Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address121 Dimple Arcade Asha Nagar Thakkur Complex Kandivali East, Mumbai, Maharashtra, India – 400101
- IndustryEngineering, Engineering Components Retail & Distribution
To see the full contact details of Bipush 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
Business activity
The main business activity of Bipush Steels is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Bipush Steels Private Limited, buy the company report.
Financials of Bipush Steels Private Limited
FY 2020 filings availableBipush Steels Private Limited reported revenue of ₹17.41 Lakh (down 24% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 58% over five years, including a 24% fall 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹17.41 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Finance Costs | |||||
| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹1.61 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.76 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -9.2% | ||||
| Net Profit Margin | -10.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Bipush Steels Private Limited, buy the company report.
Board of directors of Bipush Steels Private Limited
Bipush Steels has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sethumadhavan Kozhikkulavantavita | Director | 28 Apr 1994 | 32 Years 5 Months | Current |
| Suresh Manappatty Purakkandy Also directs: Steelbond Service Centre LLP, Riddhi Bhumica Steel Enterprises LLP | Director | 28 Apr 1994 | 32 Years 5 Months | Current |
Auditor
Bipush Steels Private Limited is audited by DEEPAL RANA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DEEPAL RANA & CO | FY 2019 | 124681W |
Shareholding
The shareholding of Bipush Steels Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Bipush Steels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Oct 2002 | 90364596 | Indian Overseas Bank | ₹40 Lakh | Open |
To see the full charge records of Bipush Steels Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Bipush Steels Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Akola, Maharashtra | Civil suit | Filed against the company by Vikram Coils Pvt Ltd.Through Vinod Satyanarayan Jhunjhuwala | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed against the company by M/S Turakhia International Privated Limited | Disposed |
To see the full case history of Bipush Steels 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 Bipush Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bipush Steels has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACB8945Q1ZY | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bipush Steels Private Limited, buy the company report.
Recent activity
Bipush Steels Private Limited has 2 board changes on record since 1994: 2 appointments. The latest: Sethumadhavan Kozhikkulavantavita was appointed as Director on 28 Apr 1994.
Frequently asked questions
Bipush Steels is an active private limited company based in Mumbai, Maharashtra, India. The company works in engineering components retail and distribution, within the engineering industry. It was incorporated on 28 April 1994 (32+ years old) and is registered under CIN U99999MH1994PTC078053.
Bipush Steels has 2 current directors:
- Sethumadhavan Kozhikkulavantavita - Director
- Suresh Manappatty Purakkandy - Director
The latest financial statements of Bipush Steels on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Bipush Steels is 27AAACB8945Q1ZY, registered in Maharashtra. 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 Bipush Steels is U99999MH1994PTC078053. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bipush Steels has 2 court cases on record: 2 filed against it. 1 is pending.
Bipush Steels was incorporated on 28 April 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Sethumadhavan Kozhikkulavantavita was appointed as Director on 28 Apr 1994. Suresh Manappatty Purakkandy was appointed as Director on 28 Apr 1994.
The registered office of Bipush Steels is at 121 Dimple Arcade Asha Nagar Thakkur Complex Kandivali East, Mumbai, Maharashtra, India – 400101.
Bipush Steels operates in the engineering industry, in the engineering components retail and distribution segment.