Chase Bright Steel Limited Company Logo

Chase Bright Steel Limited - Company Profile

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

1959 | Panvel, Maharashtra, India | Active
Last Updated:

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. 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 (Managing Director), 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 2022, with the balance sheet filed on 31 March 2022. 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

  • Listing Status

    Listed (BSE: 504671)

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.69 Cr
  • Company Age 66 Year, 1 Month
  • Last Filing with ROC 31 Mar 2022
  • Satisfied Charges ₹ 21.60 Cr
  • Revenue Growth -63.68%
  • Profit Growth 85.52%
  • Ebitda 87.32%
  • Net Worth -12.50%
  • Total Assets -27.34%
Company report

Chase Bright Steel Limited

Company Report FY 2025-2026

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.

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

Current Directors

NameDesignationAppointment DateStatus
Kanika VijayvergiyaDirector11 Nov 2016Current
Avinash Alok JajodiaManaging Director12 Jun 1998Current
Shilpa DuttDirector12 Nov 2021Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector30 Apr 2011Past
Pramod AbcsddAdditional Director30 Sep 2021Past
Pramod AbcsddDirector01 Aug 2021Past
Pramod AbcsddCompany Secretary-Past
Pramod AbcsddCfo-Past
Pramod AbcsddDirector26 Mar 2019Past

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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%.

Chase Bright Steel revenue growth over time
Chase Bright Steel 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
-63.68%
Revenue from Operations
-42.39%
Total Assets
-27.34%
Profit or Loss
85.52%
Net Worth
-12.50%
EBITDA
87.32%

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.

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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

DateLenderAmountStatus
30 Apr 2016Others₹1.50 CrSatisfied
31 Aug 2015Reliance Capital Ltd₹1.66 MSatisfied
30 May 2015Religare Finvest Limited₹1.75 CrSatisfied
10 Dec 2014Religare Finvest Limited₹3.25 CrSatisfied
28 Feb 2013Religare Finvest Limited₹2.50 CrSatisfied

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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 growth trends for Chase Bright Steel Limited

Deals i

Graph showing company valuation over time

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

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 Chase Bright Steel

Recent Activity within the Organization

  • Director Appointment

    The activity Franklin Anthony Tavares was appointed as a Cfo was appointed as a Cfo on 16 Dec 2024 & has been associated with this company since 11 months 15 days . was completed.

  • Director Appointment

    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 21 days . was recorded as a recent event.

  • Annual General Meeting

    Progress on Chase Bright Steel Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Chase Bright Steel Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai. was documented.

  • 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 18 days . was recorded as a recent event.

  • Charges

    A charge registered on 31 Aug 2015 via Charge ID 10589349 with Reliance Capital Ltd was fully satisfied on 07 Dec 2018. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Chase Bright Steel Limited?

    The CIN of Chase Bright Steel Limited is L99999MH1959PLC011479.

  • Where is Chase Bright Steel Limited headquartered?

    Chase Bright Steel Limited is headquartered at Office-D/115 S.Mkt., Plot-514 Steel Chamber, Panvel, Maharashtra, 410218.

  • When was Chase Bright Steel Limited incorporated?

    Chase Bright Steel Limited was incorporated on 16 October 1959.

  • Who are the current directors of Chase Bright Steel Limited?

    The current directors of Chase Bright Steel Limited are

  • What is the primary industry of Chase Bright Steel Limited?

    The primary industry of Chase Bright Steel Limited is Manufacturing.

  • Is Chase Bright Steel Limited a listed company?

    Chase Bright Steel Limited is listed. It is listed on BSE: 504671.

  • What is the capital structure of Chase Bright Steel Limited?

    The authorized capital of Chase Bright Steel Limited is ₹2.00 Cr, and the paid-up capital is ₹1.69 Cr.

  • What is the compliance status of Chase Bright Steel Limited?

    The compliance status of Chase Bright Steel Limited is Compliant.

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