Aarnav Ispat Private Limited
About Aarnav Ispat Private Limited
Data last updated:
Aarnav Ispat Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 20 September 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U28112GJ2012PTC072047. Its GSTIN is 24AAKCA9904A1ZZ (Gujarat).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Lakh. It is led by directors Dharam Navinkumar Aggarwal and Prateek Jain.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 807 Pinnacle Business Park, Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹95.25 Cr, a decline of 29% compared to the previous year. For the same year it recorded a net loss of ₹11.04 Lakh (net margin -0.1%) and EBITDA of ₹98.74 Lakh (EBITDA margin 1%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹4.8 Cr and satisfied charges of ₹4.99 Cr on record. The company has 3 deals on record (3 secondary share transfers); the latest was in March 2024. Its 10 peer companies in the Metals and Minerals industry (Steel) are compared by revenue, 5 larger and 5 smaller; the largest is Om Steel Tubes Ltd with revenue of ₹95.91 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressB – 807 Pinnacle Business Park Opp. Royal Archade, Auda Garden Prahladnagar, Ahmedabad, Gujarat, India – 380015
- IndustryMetals and Minerals, Steel Manufacturing & Processing
- 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
- One PDF report, delivered after checkout
Business Activity of Aarnav Ispat Private Limited
The main business activity of Aarnav Ispat is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Aarnav Ispat Private Limited FY 2024 filings available
Aarnav Ispat Private Limited reported revenue of ₹95.25 Cr (down 29% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Aarnav Ispat Private Limited
Revenue fell 29% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 83% 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 of Aarnav Ispat Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹98.74 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹11.04 Lakh | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Aarnav Ispat Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Aarnav Ispat are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Aarnav Ispat Private Limited
Aarnav Ispat Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Steel). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Om Steel Tubes Ltd | ₹95.91 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | New Delhi, Delhi, India |
| Vrundavan Iron & Steel Private Limited | ₹95.89 Cr (FY 2025) | •••• | •••• | -29.0% | •••• | Raipur, Chhattisgarh, India |
| Technosteel Infraprojects Private Limited | ₹95.68 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Nagpur, Maharashtra, India |
| Manglam Alloys & Ispat Private Limited | ₹95.56 Cr (FY 2025) | •••• | •••• | 329.0% | •••• | Raipur, Chhattisgarh, India |
| Chitrakoot Steel and Power Private Limited | ₹95.26 Cr (FY 2023) | •••• | •••• | -6.0% | •••• | Chennai, Tamil Nadu, India |
| Aarnav Ispat Private Limited this company | ₹95.25 Cr (FY 2024) | •••• | •••• | -29.0% | •••• | Ahmedabad, Gujarat, India |
| A.S Brawny Metal & Alloys Private Limited | ₹94.89 Cr (FY 2023) | •••• | •••• | 95.0% | •••• | Sonipat, Haryana, India |
| Saturn Steels Private Limited | ₹94.83 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | Netaji Subhash Place, Delhi, India |
| Steel Emporium Ltd | ₹94.8 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Kolkata, West Bengal, India |
| Deem Roll-Tech Limited | ₹94.74 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Mehsana, Gujarat, India |
| Shri Chamunda Multimetals Private Limited | ₹94.53 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Mandi Gobindgarh, Punjab, India |
Peers are the five companies nearest above and the five nearest below Aarnav Ispat by revenue in the Metals and Minerals industry (Steel), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Aarnav Ispat Private Limited
Aarnav Ispat Private Limited is audited by K P S J & ASSOCIATES LLP for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K P S J & ASSOCIATES LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Aarnav Ispat Private Limited
Aarnav Ispat has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prateek Jain Also directs: Protec Infra Projects Private Limited, Largebox Warehousing Private Limited, Abeer Infraspace LLP and 2 more | Additional Director | 10 Aug 2022 | 4 Years 2 Months | Current |
| Dharam Navinkumar Aggarwal Also directs: Ashwika Warehousing LLP, Pinnacle Warehousing LLP, Titanium Logistics & Industrial Park LLP and 5 more | Director | 26 Oct 2012 | 13 Years 11 Months | Current |
Ownership and Shareholding of Aarnav Ispat Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Aarnav Ispat Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Sep 2022 | Hdfc Bank Limited | ₹30 Lakh | Open |
| 16 Dec 2014 | Indian Overseas Bank | ₹4.5 Cr | Open |
| 08 Apr 2024 | Hdfc Bank Limited | ₹4.99 Cr | Satisfied |
Total charge records: 3 View all charges
Deals & Funding of Aarnav Ispat Private Limited
Aarnav Ispat Private Limited has 3 deals on record (3 secondary share transfers); the latest was in March 2024.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Aarnav Ispat Private Limited
Employment history and EPFO contributions of people linked to Aarnav Ispat.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Aarnav Ispat Private Limited
Aarnav Ispat Private Limited has 5 board changes on record since 2012: 2 appointments and 3 cessations. The latest: Navinkumar Ramgopal Aggarwal ceased to be Director on 10 Aug 2022.
Credit Ratings, Litigation & Regulatory Alerts for Aarnav Ispat Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Aarnav Ispat Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Aarnav Ispat Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Aarnav Ispat Private Limited
Aarnav Ispat has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAKCA9904A1ZZ | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Aarnav Ispat Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Aarnav Ispat Private Limited
Aarnav Ispat is an active private limited company based in Ahmedabad, Gujarat, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 20 September 2012 (14+ years old) and is registered under CIN U28112GJ2012PTC072047.
Aarnav Ispat reported revenue of ₹95.25 Cr for FY 2024 (down 29% YoY).
Aarnav Ispat has 2 current directors:
- Prateek Jain - Additional Director
- Dharam Navinkumar Aggarwal - Director
Aarnav Ispat reported a net loss of ₹11.04 Lakh (net margin -0.1%) and EBITDA of ₹98.74 Lakh (EBITDA margin 1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Aarnav Ispat is 32% over three years and 5% over five years. In the latest year (FY 2024) revenue fell 29%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Aarnav Ispat is 24AAKCA9904A1ZZ, registered in Gujarat.
The CIN (Corporate Identification Number) of Aarnav Ispat is U28112GJ2012PTC072047. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aarnav Ispat was incorporated on 20 September 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Aarnav Ispat has 3 deals on record (3 secondary share transfers); the latest was in March 2024.
The peers of Aarnav Ispat by revenue are Om Steel Tubes Ltd, Vrundavan Iron & Steel Private Limited, Technosteel Infraprojects Private Limited, Manglam Alloys & Ispat Private Limited, Chitrakoot Steel and Power Private Limited and 5 more, all in the Metals and Minerals industry (Steel).
Navinkumar Ramgopal Aggarwal ceased to be Director on 10 Aug 2022. Prateek Jain was appointed as Additional Director on 10 Aug 2022. Sureshkumar Thakkar Rahchhodbhai ceased to be Director on 03 Jun 2016. Aarnav Ispat has 5 board changes on record in total.