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About Advance Ispat (India) Limited
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Advance Ispat (India) Limited is a public limited company based in Delhi, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 05 April 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U27101DL1990PLC039747. Its GSTIN is 07AACCA2873J1ZM (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.46 Cr. It is led by directors including Aashish Agarwal (Managing Director) and Lalit Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 81 Functional Industrialestate Patparganj, Delhi, India – 110092.
As per the financials filed for FY 2025, the company reported a revenue of ₹10 Cr, a decline of 42% compared to the previous year. For the same year it recorded a net profit of ₹25.95 Lakh (net margin 2.6%) and EBITDA of ₹76.31 Lakh (EBITDA margin 7.6%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 8% over five years.
As per MCA filings, the company has open charges of ₹5.5 Cr and satisfied charges of ₹30.34 Cr on record. Court records list 9 cases involving the company, including 7 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website advance.co.in.
Company details
Contact details
Advance Ispat (India) Limited's registered office is in Delhi, Delhi. Its website is advance.co.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address81 Functional Industrialestate Patparganj, Delhi, India – 110092
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Advance Ispat (India) 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 Advance 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 Advance Ispat (India) Limited, buy the company report.
Financials of Advance Ispat (India) Limited
FY 2025 filings availableAdvance Ispat (India) Limited reported revenue of ₹10 Cr (down 42% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 42% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 57% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹76.31 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹25.95 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.6% | ||||
| Net Profit Margin | 2.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Advance Ispat (India) Limited, buy the company report.
Board of directors of Advance Ispat (India) Limited
Advance Ispat (India) has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aashish Agarwal Also directs: Deserving Enterprises LLP, Advance Infrasolutions LLP, Dahegaon Coal and Power LLP and 5 more | Managing Director | 01 Jan 1995 | 31 Years 10 Months | Current |
| Lalit Agarwal Also directs: Advance Steel Tubes Limited, Tirupati Structurals Limited, Realopolis Pro-Estates LLP and 5 more | Director | 05 Apr 1990 | 36 Years 7 Months | Current |
| Deoki Nandan Agarwal Also directs: Advance Steel Tubes Limited, TSL Piping Solutions Private Limited, Shaksham International Private Limited and 2 more | Director | 05 Apr 1990 | 36 Years 7 Months | Current |
| Daulat Ram Agarwal | Director | 23 Apr 2010 | 16 Years 6 Months | Current |
Peer comparison
Advance Ispat (India) Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| RNG Ispat Udyog Pvt.Ltd. | ₹10.08 Cr (FY 2024) | -14.0% | Kolkata, West Bengal, India | |||
| Ramdiha Mercantile Private Limited | ₹10.03 Cr (FY 2024) | -23.0% | Kolkata, West Bengal, India | |||
| Ispat Exports Private Limited | ₹10.01 Cr (FY 2025) | -10.0% | Kolkata, West Bengal, India | |||
| Advance Ispat (India) Limitedthis company | ₹10 Cr (FY 2025) | ₹25.95 Lakh | 2.6% | -42.0% | Delhi, India | |
| Sachdeva Hitech Private Limited | ₹9.99 Cr (FY 2025) | -11.0% | Rourkela, Odisha, India | |||
| MK Ispat Trades Private Limited | ₹9.93 Cr (FY 2025) | 2.0% | Howarh, West Bengal, India |
To see the full peer comparison of Advance Ispat (India) Limited, buy the company report.
Auditor
Advance Ispat (India) Limited is audited by Y. AGARWAL & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Y. AGARWAL & CO | FY 2023 | 005818N |
Shareholding
The shareholding of Advance Ispat (India) 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 Advance Ispat (India) Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jul 2023 | 100771486 | Hdfc Bank Limited | ₹49.9 Lakh | Open | |
| 22 Feb 2022 | 100571280 | Hdfc Bank Limited | ₹5 Cr | Open | |
| 29 Jun 2017 | 100123020 | Others | ₹5 Cr | Satisfied | |
| 22 Apr 2014 | 10490421 | Bank of India | ₹2 Cr | Satisfied | |
| 31 Mar 2014 | 10490654 | Standard Chartered Bank | ₹5.04 Cr | Satisfied |
To see the full charge records of Advance Ispat (India) Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Advance Ispat (India) Limited has 9 court cases on record: 7 filed by Advance Ispat (India), 2 filed against it. 1 case is pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 2 | 1 |
| High courts | 3 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Interim or miscellaneous application | Filed by the company against M/S Frequent Freight Services Pvt. Ltd. and 1 other | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed by the company against Green Meadows Pvt Ltd and Ors | Disposed |
| District court, Ahmedabad, Gujarat | Civil suit | Filed against the company by an individual | Pending |
| District court, East, Delhi | Cheque dishonour complaint | Filed by the company against individuals | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed by the company against an individual | Disposed |
To see the full case history of Advance Ispat (India) 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 Advance Ispat (India) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Advance Ispat (India) has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCA2873J1ZM | Delhi | Active | 01 Jul 2017 |
| 09AACCA2873J1ZI | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Advance Ispat (India) Limited, buy the company report.
Recent activity
Advance Ispat (India) Limited has 6 board changes on record since 1990: 5 appointments and 1 cessation. The latest: Subhash Chandra Jain ceased to be Director on 16 Aug 2011.
22 earlier events are in the company report.
Frequently asked questions
Advance Ispat (India) is an active public limited company based in Delhi, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 05 April 1990 (36+ years old) and is registered under CIN U27101DL1990PLC039747.
Advance Ispat (India) has 4 current directors:
- Aashish Agarwal - Managing Director
- Lalit Agarwal - Director
- Deoki Nandan Agarwal - Director
- Daulat Ram Agarwal - Director
The latest financial statements of Advance Ispat (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Advance Ispat (India) is 07AACCA2873J1ZM, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AACCA2873J1ZI (Uttar Pradesh).
The CIN (Corporate Identification Number) of Advance Ispat (India) is U27101DL1990PLC039747. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Advance Ispat (India) has 9 court cases on record: 7 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Advance Ispat (India) was incorporated on 05 April 1990, making it 36+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Advance Ispat (India) by revenue are RNG Ispat Udyog Pvt.Ltd, Ramdiha Mercantile Private Limited, Ispat Exports Private Limited, Sachdeva Hitech Private Limited, MK Ispat Trades Private Limited, all in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading).
Subhash Chandra Jain ceased to be Director on 16 Aug 2011. Daulat Ram Agarwal was appointed as Director on 23 Apr 2010. Subhash Chandra Jain was appointed as Director on 23 Apr 2010. Advance Ispat (India) has 6 board changes on record in total.
Advance Ispat (India) can be reached through the website advance.co.in. Its registered office is in Delhi, India.
The registered office of Advance Ispat (India) is at 81 Functional Industrialestate Patparganj, Delhi, India – 110092.
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