Sitakant Bright Steel Private Limited - Company Profile

It is a metals and minerals private limited company based in Ahmedabad, Gujarat, India, established in 2019.
2019 Ahmedabad, Gujarat, India Active
Last Updated:
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About Sitakant Bright Steel Private Limited

Sitakant Bright Steel Private Limited, a active private limited company, was established on 25 January 2019 in Ahmedabad, Gujarat, India. Engaging in steel manufacturing & processing within the manufacturing sector, it holds CIN: U28999GJ2019PTC106268. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹2.00 M and a paid-up capital of ₹2.00 M.

It upholds a compliant status. Its leadership includes Prakash Kantilal Patel (Director), Jaymin Prakashkumar Patel (Director), Dakshaben Prakashbhai Patel (Director). It holds ₹1.81 Cr open charges and no settled loans. Its latest AGM occurred on 29 September 2024, with the balance sheet filed on 31 March 2024. It is based at 47, Ratnasagar Co. Op. H. Soc. Ltd., Nr. Tatanagar, Chamanpura, Asarva, Ahmedabad, Gujarat, 380016.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U28999GJ2019PTC106268

  • Registration Number

    106268

  • Incorporation Date

    25 January 2019

  • Authorized Capital

    ₹2.00 M

  • Paid-Up Capital

    ₹2.00 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 7 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.81 Cr
  • Revenue Growth **** 42.11%
  • Profit Growth **** 118.92%
  • Ebitda **** -111.67%
  • Net Worth 22.29%
  • Total Assets **** 15.37%
Company report

Sitakant Bright Steel Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Sitakant Bright Steel Private 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 Sitakant Bright Steel Private Limited?
Current Directors
Name Designation Appointment Date Status
Prakash Kantilal Patel Director 25 Jan 2019 Current
Jaymin Prakashkumar Patel Director 25 Jan 2019 Current
Dakshaben Prakashbhai Patel Director 25 Jan 2019 Current
Darshan Prakashbhai Patel Director 25 Jan 2019 Current

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Financial Performance of Sitakant Bright Steel.

Sitakant Bright Steel Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 42.11% increase. The company also saw a substantial improvement in profitability, with a 118.92% increase in profit. The company's net worth Soared by an impressive increase of 22.29%.

Sitakant Bright Steel revenue growth over time
Sitakant Bright Steel profit and loss trends over time
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
  • 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
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 42.11%
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Revenue from Operations
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 42.16%
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Total Assets
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 15.37%
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*******
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*******
Profit or Loss
*******
 118.92%
*******
*******
*******
*******
Net Worth
*******
 22.29%
*******
*******
*******
*******
EBITDA
*******
 -111.67%
*******
*******
*******
*******

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

In 2021, Sitakant Bright Steel had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • 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

₹18,100,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Others : 1.81 Cr
Latest Charge Details
Date Lender Amount Status
01 May 2019 Others ₹1.81 Cr Open

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How Many Employees Work at Sitakant Bright Steel?

Unlock and access historical data on people associated with Sitakant Bright Steel, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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

Rating
Graph displaying rating trends over time

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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.

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Latest Updates, News, and FAQs on Sitakant Bright Steel
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Sitakant Bright Steel Private Limited last Annual general meeting of members was held on 29 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Sitakant Bright Steel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was recorded as a recent event.

  • Charges

    The activity A charge with Others of Rs. 18.10 M registered on 01 May 2019 with Charge ID 100258976 was modified on 03 Jan 2023. was completed.

  • Charges

    Progress on A charge with Others amounted to Rs. 18.10 M with Charge ID 100258976 was registered on 01 May 2019. was documented.

  • Director Appointment

    Prakash Kantilal Patel was appointed as a Director was appointed as a Director on 25 Jan 2019 & has been associated with this company since 7 years 1 month . was recorded as a recent event.

  • Director Appointment

    Jaymin Prakashkumar Patel was appointed as a Director was appointed as a Director on 25 Jan 2019 & has been associated with this company since 7 years 1 month . was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Sitakant Bright Steel Private Limited?

The CIN of Sitakant Bright Steel Private Limited is U28999GJ2019PTC106268.

Where is Sitakant Bright Steel Private Limited headquartered?

Sitakant Bright Steel Private Limited is headquartered at 47, Ratnasagar Co. Op. H. Soc. Ltd., Nr. Tatanagar, Chamanpura, Asarva, Ahmedabad, Gujarat, 380016.

When was Sitakant Bright Steel Private Limited incorporated?

Sitakant Bright Steel Private Limited was incorporated on 25 January 2019.

Who are the current directors of Sitakant Bright Steel Private Limited?

The current directors of Sitakant Bright Steel Private Limited are

What is the primary industry of Sitakant Bright Steel Private Limited?

The primary industry of Sitakant Bright Steel Private Limited is Manufacturing.

Is Sitakant Bright Steel Private Limited a listed company?

Sitakant Bright Steel Private Limited is unlisted.

What is the capital structure of Sitakant Bright Steel Private Limited?

The authorized capital of Sitakant Bright Steel Private Limited is ₹2.00 M, and the paid-up capital is ₹2.00 M.

What is the compliance status of Sitakant Bright Steel Private Limited?

The compliance status of Sitakant Bright Steel Private Limited is Compliant.

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