U P Bone Mills Private Limited
About U P Bone Mills Private Limited
Data last updated:
U P Bone Mills Private Limited is a private limited company based in New Delhi, Delhi, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 11 May 1999.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1999PTC099721. Its GSTIN is 05AAACU6084D1ZI (Uttarakhand). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.57 Cr. It is led by directors including Shamshad Ahmad and Mohinder Singh (Irp/Rp/Liquidator).
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 108 – 109 Pratap Bhawan 5, Bahadur Shah Zafar Marg India, New Delhi, Delhi, India – 110002.
As per the financials filed for FY 2023, the company reported a revenue of ₹195.6 Cr, a growth of 46% compared to the previous year. For the same year it recorded a net loss of ₹19.04 Cr (net margin -9.7%) and EBITDA of -₹18 Cr (EBITDA margin -9.2%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 32% over five years.
As per MCA filings, the company has open charges of ₹15.35 Cr and satisfied charges of ₹3.12 Cr on record. Court records list 10 cases involving the company, including 2 filed by the company and 8 filed against it; 5 cases are pending.
Company details
Contact details
U P Bone Mills Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address108 – 109 Pratap Bhawan 5, Bahadur Shah Zafar Marg India, New Delhi, Delhi, India – 110002
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of U P Bone Mills 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 U P Bone Mills 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 U P Bone Mills Private Limited, buy the company report.
Financials of U P Bone Mills Private Limited
FY 2023 filings availableU P Bone Mills Private Limited reported revenue of ₹195.6 Cr (up 46% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 46% growth in the latest year. EBITDA fell 100% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹195.6 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹18 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹19.04 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -9.2% | ||||
| Net Profit Margin | -9.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of U P Bone Mills Private Limited, buy the company report.
Board of directors of U P Bone Mills Private Limited
U P Bone Mills has 3 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shamshad Ahmad | Director | 01 Nov 2017 | 9 Years 0 Months | As last reported |
| Mohinder Singh Also directs: Newple Consulting Private Limited | Irp/Rp/Liquidator | 25 Jan 2024 | 2 Years 9 Months | As last reported |
| Arshi Jamal | Director | 01 Nov 2017 | 9 Years 0 Months | As last reported |
Peer comparison
U P Bone Mills Private Limited is compared with the 8 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Avdesh Steel Works Private Limited | ₹197.83 Cr (FY 2025) | -3.0% | Mumbai, Maharashtra, India | |||
| Proxima Steel Forge Private Limited | ₹197.74 Cr (FY 2025) | 36.0% | Punjab, India | |||
| Hira Steels Limited | ₹195.71 Cr (FY 2025) | -37.0% | Chhattisgarh, India | |||
| Mankasia Steel Private Limited | ₹195.65 Cr (FY 2025) | -6.0% | Howrah, West Bengal, India | |||
| U P Bone Mills Private Limitedthis company | ₹195.6 Cr (FY 2023) | -₹19.04 Cr | -9.7% | 46.0% | New Delhi, Delhi, India | |
| Shree Shyamsunder Alloys Private Limited | ₹195.12 Cr (FY 2025) | 7.0% | Gandhinagar, Gujarat, India | |||
| Silcon Steels Private Limited | ₹195.06 Cr (FY 2025) | 6.0% | Bangalore, Karnataka, India | |||
| P.D.Industries Pvt Ltd | ₹194.25 Cr (FY 2025) | 7.0% | Kolkata, West Bengal, India | |||
| M Nellaiyah Rolling Mill Private Limited | ₹194.14 Cr (FY 2025) | -1.0% | Gummudipoondi, Tamil Nadu, India |
To see the full peer comparison of U P Bone Mills Private Limited, buy the company report.
Auditor
U P Bone Mills Private Limited is audited by SANJAY LALIT AND CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJAY LALIT AND CO. | FY 2023 | 009763C |
Shareholding
The shareholding of U P Bone Mills Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of U P Bone Mills Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2020 | 100402525 | Others | ₹1 Cr | Open | |
| 14 Oct 2008 | 10126052 | Ge Capital Transportation Financial Services Limited | ₹25.2 Lakh | Open | |
| 04 Mar 2004 | 80000584 | Punjab National Bank | ₹3.48 Cr | Open | |
| 04 Mar 2004 | 90038793 | Punjab National Bank | ₹3.48 Cr | Open | |
| 07 Jul 2003 | 80046218 | Punjab National Bank | ₹1.14 Cr | Open |
To see the full charge records of U P Bone Mills Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
U P Bone Mills Private Limited has 10 court cases on record: 2 filed by U P Bone Mills, 8 filed against it. 5 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 3 |
| High courts | 3 | 1 | 2 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, New Delhi Bench Court-III | Insolvency matter | Filed against the company by Jambudwip Exports and Imports Limited | Disposed |
| District court, Faridabad, Haryana | Civil suit | Filed against the company by Gayatri Traders | Pending |
| District court, Muzaffarnagar, Uttar Pradesh | Criminal case | Filed against the company by State of U.P. | Pending |
| High Court, UTTARAKHAND | Tax appeal | Filed against the company by Commissioner of Central Excise and Service Tax | Pending |
| District court, Haridwar, Uttarakhand | Court case (Motor Vehc Act(Not in use)) | Filed against the company by State of Uttarakhand | Pending |
To see the full case history of U P Bone Mills 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 U P Bone Mills Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
U P Bone Mills has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 05AAACU6084D1ZI | Uttarakhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of U P Bone Mills Private Limited, buy the company report.
Recent activity
U P Bone Mills Private Limited has 20 board changes on record since 2008: 3 appointments and 17 cessations. The latest: Mohinder Singh was appointed as Irp/Rp/Liquidator on 25 Jan 2024.
27 earlier events are in the company report.
Frequently asked questions
U P Bone Mills is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
U P Bone Mills is a company under insolvency, formerly operating as a private limited company based in New Delhi, Delhi, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 11 May 1999 and is registered under CIN U74899DL1999PTC099721. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
U P Bone Mills has 3 current directors:
- Shamshad Ahmad - Director
- Arshi Jamal - Director
- Mohinder Singh - Irp/Rp/Liquidator
The latest financial statements of U P Bone Mills 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 CIN (Corporate Identification Number) of U P Bone Mills is U74899DL1999PTC099721. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
U P Bone Mills has open charges of ₹15.35 Cr and satisfied charges of ₹3.12 Cr as per latest MCA filings.
U P Bone Mills has 10 court cases on record: 2 filed by the company and 8 filed against it. 5 are pending. Most are in the district courts.
U P Bone Mills was incorporated on 11 May 1999. It is registered with the Registrar of Companies, Delhi.
The peers of U P Bone Mills by revenue are Avdesh Steel Works Private Limited, Proxima Steel Forge Private Limited, Hira Steels Limited, Mankasia Steel Private Limited, Shree Shyamsunder Alloys Private Limited and 3 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Mohinder Singh was appointed as Irp/Rp/Liquidator on 25 Jan 2024. Sanjay Gupta ceased to be Irp/Rp/Liquidator on 25 Jan 2024. Irtiza Rana ceased to be Director on 10 Nov 2017. U P Bone Mills has 20 board changes on record in total.
The registered office of U P Bone Mills is at 108 – 109 Pratap Bhawan 5, Bahadur Shah Zafar Marg India, New Delhi, Delhi, India – 110002.
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