Neelkanth Bright Bars Private Limited
About Neelkanth Bright Bars Private Limited
Data last updated:
Neelkanth Bright Bars Private Limited is a private limited company based in Hoskote, Karnataka, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 27 November 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U27100KA2008PTC048427. Its GSTIN is 29AACCN9168K1ZR (Karnataka).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹55.75 Lakh. It is led by directors including Rita Singhal and Balraj Singhal.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No. 20 D – Part KIADB Industrial Area Chokkahalli, Hoskote, Karnataka, India – 562114.
As per the financials filed for FY 2023, the company reported a revenue of ₹39.92 Lakh, a decline of 44% compared to the previous year. For the same year it recorded a net loss of ₹28.47 Lakh (net margin -71.3%) and EBITDA of -₹27.52 Lakh (EBITDA margin -68.9%). Revenue has declined at a compounded annual rate (CAGR) of 30% over three years and 48% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Neelkanth Bright Bars Private Limited's registered office is in Hoskote, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 20 D – Part KIADB Industrial Area Chokkahalli, Hoskote, Karnataka, India – 562114
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Neelkanth Bright Bars 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 Neelkanth Bright Bars is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Neelkanth Bright Bars Private Limited, buy the company report.
Financials of Neelkanth Bright Bars Private Limited
FY 2023 filings availableNeelkanth Bright Bars Private Limited reported revenue of ₹39.92 Lakh (down 44% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 48% over five years, including a 44% fall in the latest year. EBITDA fell 60% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹27.52 Lakh | ||||
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| Net Profit (PAT) | -₹28.47 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | -68.9% | ||||
| Net Profit Margin | -71.3% | ||||
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To see the full financial statements and ratios of Neelkanth Bright Bars Private Limited, buy the company report.
Board of directors of Neelkanth Bright Bars Private Limited
Neelkanth Bright Bars has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rita Singhal | Director | 24 Oct 2014 | 12 Years 0 Months | Current |
| Balraj Singhal | Director | 09 Nov 2016 | 9 Years 11 Months | Current |
| Sarvjit Singla | Director | 27 Nov 2008 | 17 Years 10 Months | Current |
Auditor
Neelkanth Bright Bars Private Limited is audited by ARIHANT KUMAR & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARIHANT KUMAR & ASSOCIATES | FY 2022 | 016603S |
Shareholding
The shareholding of Neelkanth Bright Bars Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Neelkanth Bright Bars Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2011 | 10313295 | Ing Vysya Bank Limited | ₹1 Cr | Open |
To see the full charge records of Neelkanth Bright Bars Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Neelkanth Bright Bars Private Limited has 3 court cases on record: 3 filed by Neelkanth Bright Bars. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Ms Vehicle Components India Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Ms TTP Technologies Pvt Ltd | Disposed |
| High Court of Karnataka | Court case (COP) | Filed by the company against M/S TTP Technologies P Ltd | Disposed |
To see the full case history of Neelkanth Bright Bars 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 Neelkanth Bright Bars Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Neelkanth Bright Bars Private Limited has a workforce of 10 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Neelkanth Bright Bars has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCN9168K1ZR | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Neelkanth Bright Bars Private Limited, buy the company report.
Recent activity
Neelkanth Bright Bars Private Limited has 7 board changes on record since 2008: 3 appointments and 4 cessations. The latest: Balraj Singhal ceased to be Additional Director on 29 Sep 2017.
Frequently asked questions
Neelkanth Bright Bars is an active private limited company based in Hoskote, Karnataka, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 27 November 2008 (18+ years old) and is registered under CIN U27100KA2008PTC048427.
Neelkanth Bright Bars has 3 current directors:
- Rita Singhal - Director
- Balraj Singhal - Director
- Sarvjit Singla - Director
The latest financial statements of Neelkanth Bright Bars on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Neelkanth Bright Bars is 29AACCN9168K1ZR, registered in Karnataka.
The CIN (Corporate Identification Number) of Neelkanth Bright Bars is U27100KA2008PTC048427. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neelkanth Bright Bars has 3 court cases on record: 3 filed by the company. Most are in the district courts.
Neelkanth Bright Bars was incorporated on 27 November 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
Balraj Singhal ceased to be Additional Director on 29 Sep 2017. Balraj Singhal was appointed as Director on 09 Nov 2016. Rita Singhal ceased to be Additional Director on 30 Sep 2015. Neelkanth Bright Bars has 7 board changes on record in total.
The registered office of Neelkanth Bright Bars is at No. 20 D – Part KIADB Industrial Area Chokkahalli, Hoskote, Karnataka, India – 562114.
Neelkanth Bright Bars operates in the metals and minerals industry, in the steel manufacturing and processing segment.