About Abhay Ispat (India) Private Limited
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Abhay Ispat (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 15 April 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27104MH2002PTC135533. Its GSTIN is 27AADCA6167C1ZV (Maharashtra). The company holds 11 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹33.47 Cr. It is led by directors Vinesh Tulsidas Mehta (Managing Director) and Abhay Navinbhai Mehta.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 304 Platinum Jawahar Road Ghatkopar (East), Mumbai, Maharashtra, India – 400077.
As per the financials filed for FY 2024, the company reported a revenue of ₹3,279.28 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹6.5 Cr (net margin 0.2%) and EBITDA of ₹72.26 Cr (EBITDA margin 2.2%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 5% over five years.
The company has about 11 employees on its provident fund (EPFO) records. Its group structure includes 5 subsidiaries.
The company is associated with 1 brand: Abhay Ispat. As per MCA filings, the company has open charges of ₹195.36 Cr and satisfied charges of ₹202 Cr on record. Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it. The company has 8 deals on record (8 secondary share transfers); the latest was in March 2023. Its 4 peer companies in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 2 smaller; the largest is Worlds Window Impex India Private Limited with revenue of ₹4,419.39 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website abhayispat.com.
Company details
Contact details
Abhay Ispat (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is abhayispat.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address304 Platinum Jawahar Road Ghatkopar (East), Mumbai, Maharashtra, India – 400077
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Abhay Ispat (India) 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
Brands
Abhay Ispat (India) operates one associated brand: Abhay Ispat. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Steel coils, corrugated sheets, and bars are manufactured and sheared. | abhayispat.com |
Business activity
The main business activity of Abhay Ispat (India) is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Abhay Ispat (India) Private Limited, buy the company report.
Financials of Abhay Ispat (India) Private Limited
FY 2024 filings availableAbhay Ispat (India) Private Limited reported revenue of ₹3,279.28 Cr (up 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 9% growth in the latest year. EBITDA rose 33% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹72.26 Cr | ||||
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| Net Profit (PAT) | ₹6.5 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.2% | ||||
| Net Profit Margin | 0.2% | ||||
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To see the full financial statements and ratios of Abhay Ispat (India) Private Limited, buy the company report.
Board of directors of Abhay Ispat (India) Private Limited
Abhay Ispat (India) has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinesh Tulsidas Mehta Also directs: Colorshine India Private Limited, Colorshine Coated Private Limited, Anm Ispat Private Limited and 1 more | Managing Director | 15 Apr 2002 | 24 Years 6 Months | Current |
| Abhay Navinbhai Mehta Also directs: Anm Ispat Private Limited, Vijayalaxmi Tulsidas Mehta Foundation, Ratnesh Engineering Private Limited and 3 more | Director | 01 Apr 2023 | 3 Years 7 Months | Current |
Peer comparison
Abhay Ispat (India) Private Limited is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Worlds Window Impex India Private Limited | ₹4,419.39 Cr (FY 2019) | -17.0% | New Delhi, Delhi, India | |||
| Veritas (India) Limited | ₹4,103.92 Cr (FY 2025) | 5.0% | Mumbai, Maharashtra, India | |||
| Abhay Ispat (India) Private Limitedthis company | ₹3,279.28 Cr (FY 2024) | ₹6.5 Cr | 0.2% | 9.0% | 11 | Mumbai, Maharashtra, India |
| Frost Infrastructure and Energy Limited | ₹3,136.1 Cr (FY 2018) | -23.0% | Kanpur, Uttar Pradesh, India | |||
| M S Metals and Steels Private Limited | ₹2,514.82 Cr (FY 2025) | -15.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Abhay Ispat (India) Private Limited, buy the company report.
Auditor
Abhay Ispat (India) Private Limited is audited by K P M R & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K P M R & CO | FY 2023 | 104497W |
Shareholding
The shareholding of Abhay Ispat (India) 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 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Abhay Ispat (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Oct 2022 | 100625983 | Hdfc Bank Limited | ₹50 Cr | Open | |
| 24 Dec 2020 | 100404089 | State Bank of India | ₹20 Cr | Open | |
| 16 May 2014 | 10502268 | State Bank of India | ₹9.98 Cr | Open | |
| 29 Jun 2009 | 10171885 | Others | ₹115.38 Cr | Open | |
| 10 Mar 2021 | 100426273 | Yes Bank Limited | ₹13.5 Cr | Satisfied |
To see the full charge records of Abhay Ispat (India) Private Limited, buy the company report.
Total charge records: 14 View all charges
Deals & funding
Abhay Ispat (India) Private Limited has 8 deals on record (8 secondary share transfers); the latest was in March 2023.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: Khimji L Katarmal HUF, 3 individuals Seller: Kanoj Steels Limited, 3 individuals |
To see the full deal history of Abhay Ispat (India) Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Abhay Ispat (India) Private Limited has 7 court cases on record: 5 filed by Abhay Ispat (India), 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 0 |
| Supreme Court | 2 | 2 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against Ankur Iron (India) Pvt Ltd. and 2 others | Disposed |
| Supreme Court | Appeal | Filed against the company by Assistant Commissioner of Income Tax Circle 14 (1) (1) Mumbai | Disposed |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by Assistant Commissioner of Income Tax | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Assistant Commissioner of Income Tax Circle 14( and 3 others | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Assistant Commissioner of Income Tax Circle 14 1 1 and 3 others | Disposed |
To see the full case history of Abhay Ispat (India) 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.
Credit ratings & regulatory alerts
Abhay Ispat (India) Private Limited was last rated by Indiarating on 18 Feb 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 18 Feb 2022 |
To see the full credit ratings and regulatory alerts of Abhay Ispat (India) Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Abhay Ispat (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Abhay Ispat (India) has 5 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Metal Strips Private Limited | U27209MH2022PTC379051 | |
| Colorshine India Private Limited | U28999MH2021PTC365913 | |
| Colorshine Coated Private Limited | U51109MH2009PTC197161 | |
| Anm Ispat Private Limited | U74999MH2015PTC262628 | |
| Vijayalaxmi Tulsidas Mehta Foundation | U85300MH2020NPL338427 |
To see the full group structure of Abhay Ispat (India) Private Limited, buy the company report.
Employees & EPFO
Abhay Ispat (India) Private Limited has a workforce of 11 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 11 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Abhay Ispat (India) Private Limited, buy the company report.
GST
Abhay Ispat (India) has 11 GST registrations: 2 active and 9 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCA6167C1ZV | Maharashtra | Active | 01 Jul 2017 |
| 24AADCA6167C1Z1 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Abhay Ispat (India) Private Limited, buy the company report.
Recent activity
Abhay Ispat (India) Private Limited has 7 board changes on record since 2002: 3 appointments and 4 cessations. The latest: Samir Navinchandra Mehta was appointed as CEO on 07 Apr 2025.
31 earlier events are in the company report.
Frequently asked questions
Abhay Ispat (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 15 April 2002 (24+ years old) and is registered under CIN U27104MH2002PTC135533.
Abhay Ispat (India) has 2 current directors:
- Vinesh Tulsidas Mehta - Managing Director
- Abhay Navinbhai Mehta - Director
The latest financial statements of Abhay Ispat (India) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Abhay Ispat (India) is 27AADCA6167C1ZV, registered in Maharashtra. The company has 11 GST registrations in all, of which 2 are active and 9 are cancelled or inactive. Other active GSTINs include 24AADCA6167C1Z1 (Gujarat).
The CIN (Corporate Identification Number) of Abhay Ispat (India) is U27104MH2002PTC135533. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Abhay Ispat (India) has 7 court cases on record: 5 filed by the company and 2 filed against it. Most are in the high courts.
Abhay Ispat (India) was incorporated on 15 April 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
Abhay Ispat (India) has 8 deals on record (8 secondary share transfers); the latest was in March 2023.
The peers of Abhay Ispat (India) by revenue are Worlds Window Impex India Private Limited, Veritas (India) Limited, Frost Infrastructure and Energy Limited, M S Metals and Steels Private Limited, all in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading).
Samir Navinchandra Mehta was appointed as CEO on 07 Apr 2025. Abhay Navinbhai Mehta ceased to be Additional Director on 29 Sep 2023. Abhay Navinbhai Mehta was appointed as Director on 01 Apr 2023. Abhay Ispat (India) has 7 board changes on record in total.
Abhay Ispat (India) can be reached through the website abhayispat.com. Its registered office is in Mumbai, Maharashtra, India.
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