Chase Bright Steel Limited - Company Profile

Q: Where is Chase Bright Steel Limited headquartered?

Chase Bright Steel Limited is headquartered at Office-D115 S.Mkt., Plot-514 Steel Chamber, Panvel, Maharashtra, 410218.

It is a metals and minerals public limited company based in Panvel, Maharashtra, India, established in 1959.

1959 Panvel, Maharashtra, India Active

Last Updated: February 24, 2026

About Chase Bright Steel Limited

Chase Bright Steel Limited, a active public limited company, was established on 16 October 1959 in Panvel, Maharashtra, India. Engaging in steel manufacturing & processing within the manufacturing sector, it holds CIN: L99999MH1959PLC011479. Registered under ROC Roc Mumbai Ii. it is listed on BSE: 504671. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹1.69 Cr.

It upholds a compliant status. Employing 2 professional, Its leadership includes Kanika Vijayvergiya (Director), Avinash Alok Jajodia (Person Incharge), Shilpa Dutt (Director). Past directors included Olasail Varghese Kuruvilla, Kanika Vijayvergiya, Nand Gopal Khaitan. It holds no open charges and ₹21.60 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Office-D/115 S.Mkt., Plot-514 Steel Chamber, Panvel, Maharashtra, 410218.

Company Details

CIN/LLPIN
L99999MH1959PLC011479
Registration Number
011479
Incorporation Date
16 October 1959
Authorized Capital
₹2.00 Cr
Paid-Up Capital
₹1.69 Cr
ROC Code
Roc Mumbai Ii
Listing Status
Listed (BSE: 504671)
Company Status
Active

Key Metrics

Authorised Capital ₹ 2.00 Cr as on 24-02-2026
Paid Up Capital ₹ 1.69 Cr as on 24-02-2026
Company Age 66 Year, 4 Months
Last Filing with ROC 31 Mar 2025
Satisfied Charges ₹ 21.60 Cr as on 24-02-2026
Revenue Growth **** -63.68% (FY 2022)
Profit Growth **** 85.52% (FY 2022)
Ebitda **** 87.32% (FY 2022)
Net Worth -12.50% (FY 2022)
Total Assets -27.34% (FY 2022)

Comprehensive Company Insights

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

Access Report

Who are the key members and board of directors at Chase Bright Steel Limited?

Current Directors

Name	Designation	Appointment Date	Status
Kanika Vijayvergiya	Director	11 Nov 2016	Current
Avinash Alok Jajodia	Person Incharge	05 Aug 2015	Current
Shilpa Dutt	Director	12 Nov 2021	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	30 Apr 2011	Past
Pramod Abcsdd	Additional Director	30 Sep 2021	Past
Pramod Abcsdd	Director	01 Aug 2021	Past
Pramod Abcsdd	Company Secretary	-	Past
Pramod Abcsdd	Cfo	-	Past
Pramod Abcsdd	Director	26 Mar 2019	Past

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Financial Performance of Chase Bright Steel.

Chase Bright Steel Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 63.68% decrease. The company also saw a substantial improvement in profitability, with a 85.52% increase in profit. The company's net worth observed a substantial decline by a decrease of 12.5%.

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

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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

********

-63.68%

*******

Revenue from Operations

*******

-42.39%

*******

Total Assets

*******

-27.34%

*******

Profit or Loss

*******

85.52%

*******

Net Worth

*******

-12.50%

*******

EBITDA

*******

87.32%

*******

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What is the Ownership and Shareholding Structure of Chase Bright Steel?

In 2022, Chase Bright Steel had a promoter holding of 72.32% and a public holding of 27.69%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

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

₹216,027,500.00

Charges Breakdown by Lending Institutions

Allahabad Bank : 12.44 Cr
Religare Finvest Limited : 7.50 Cr
Others : 1.50 Cr
Reliance Capital Ltd : 0.17 Cr

Latest Charge Details

Date	Lender	Amount	Status
30 Apr 2016	Others	₹1.50 Cr	Satisfied
31 Aug 2015	Reliance Capital Ltd	₹1.66 M	Satisfied
30 May 2015	Religare Finvest Limited	₹1.75 Cr	Satisfied
10 Dec 2014	Religare Finvest Limited	₹3.25 Cr	Satisfied
28 Feb 2013	Religare Finvest Limited	₹2.50 Cr	Satisfied

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How Many Employees Work at Chase Bright Steel?

Chase Bright Steel has a workforce of 2 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Chase Bright Steel, 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 Chase Bright Steel's trajectory.

Rating

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

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 Chase Bright Steel

Recent Activity within the Organization

Annual General Meeting

Progress on Chase Bright Steel Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.
30 Sep 2025
Balance Sheet

Progress on Chase Bright Steel Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii. was documented.
31 Mar 2025
Director Appointment

Franklin Anthony Tavares was appointed as a Cfo was appointed as a Cfo on 16 Dec 2024 & has been associated with this company since 1 year 2 months . was recorded as a recent event.
16 Dec 2024
Director Appointment

The activity Nidhi Darshan Kothari was appointed as a Company Secretary was appointed as a Company Secretary on 09 Nov 2024 & has been associated with this company since 1 year 3 months . was completed.
09 Nov 2024
Director Appointment

Shilpa Dutt was appointed as a Director was appointed as a Director on 12 Nov 2021 & has been associated with this company since 4 years 3 months . was recorded as a recent event.
12 Nov 2021
Charges

The activity A charge registered on 31 Aug 2015 via Charge ID 10589349 with Reliance Capital Ltd was fully satisfied on 07 Dec 2018. was completed.
07 Dec 2018

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