Akshar Ispat Limited
About Akshar Ispat Limited
Data last updated:
Akshar Ispat Limited is a public limited company based in Himatnagar, Gujarat, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 25 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U28990GJ2011PLC065595. Its GSTIN is 24AAJCA4887H1ZE (Gujarat).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.24 Cr. It is led by directors including Yogeshkumar Rameshbhai Patel (Managing Director) and Daxesh Manaharlal Thakkar.
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 Block No.158 Nr. G.E.B. Sub – Station Nikoda Chokadi At & Post: Bavsar, Himatnagar, Gujarat, India – 383001.
As per the financials filed for FY 2025, the company reported a revenue of ₹420.77 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹99.65 Lakh (net margin 0.2%) and EBITDA of ₹4.11 Cr (EBITDA margin 1%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 6% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹21 Cr and satisfied charges of ₹62.2 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Akshar Ispat Limited's registered office is in Himatnagar, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBlock No.158 Nr. G.E.B. Sub – Station Nikoda Chokadi At & Post: Bavsar, Himatnagar, Gujarat, India – 383001
- IndustryMetals and Minerals, Steel Manufacturing & Processing, Metal Manufacturing & Processing
To see the full contact details of Akshar Ispat 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 Akshar Ispat 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 Akshar Ispat Limited, buy the company report.
Financials of Akshar Ispat Limited
FY 2025 filings availableAkshar Ispat Limited reported revenue of ₹420.77 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 1% growth in the latest year. EBITDA fell 1% 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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| EBITDA | ₹4.11 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹99.65 Lakh | ||||
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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 | 1% | ||||
| Net Profit Margin | 0.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Akshar Ispat Limited, buy the company report.
Board of directors of Akshar Ispat Limited
Akshar Ispat has 5 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Daxesh Manaharlal Thakkar Also directs: Steelact India Limited | Director | 25 May 2011 | 15 Years 5 Months | Current |
| Kamleshkumar Kacharalal Patel | Director | 09 Sep 2013 | 13 Years 1 Months | Current |
| Charulkumar Jayantibhai Patel | Director | 13 Oct 2015 | 11 Years 0 Months | Current |
| Yogeshkumar Rameshbhai Patel | Managing Director | 30 Mar 2017 | 9 Years 7 Months | Current |
| Kiritkumar Ranchhodbhai Patel | Director | 13 Oct 2015 | 11 Years 0 Months | Current |
Peer comparison
Akshar Ispat Limited is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Metals), 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 |
|---|---|---|---|---|---|---|
| Jagdish Aluminium Private Limited | ₹426.04 Cr (FY 2024) | -1.0% | Ahmedabad, Gujarat, India | |||
| Euro Panel Products Limited | ₹424.36 Cr (FY 2025) | 7.0% | Mumbai, Maharashtra, India | |||
| G B R Metals Private Limited | ₹421.1 Cr (FY 2025) | 2.0% | Chennai, Tamil Nadu, India | |||
| Akshar Ispat Limitedthis company | ₹420.77 Cr (FY 2025) | ₹99.65 Lakh | 0.2% | 1.0% | 7 | Himatnagar, Gujarat, India |
| Souro Metals & Alloys Private Limited | ₹400.24 Cr (FY 2025) | -9.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Akshar Ispat Limited, buy the company report.
Auditor
Akshar Ispat Limited is audited by PURVI JIGNESH SHAH & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PURVI JIGNESH SHAH & CO | FY 2023 | 146112W |
Shareholding
The shareholding of Akshar Ispat 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 Akshar Ispat Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Oct 2017 | 100132057 | Others | ₹21 Cr | Open | |
| 09 May 2015 | 10567892 | Hdfc Bank Limited | ₹13.8 Cr | Satisfied | |
| 20 May 2014 | 10496170 | Idbi Bank Limited | ₹12.35 Cr | Satisfied | |
| 29 Mar 2014 | 10488127 | Idbi Bank Limited | ₹12.35 Cr | Satisfied | |
| 20 Mar 2012 | 10345330 | Bank of Maharashtra | ₹11.85 Cr | Satisfied |
To see the full charge records of Akshar Ispat Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Akshar Ispat Limited has 2 court cases on record: 2 filed by Akshar Ispat. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sabarkantha at Himmatnagar, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Sabarkantha at Himmatnagar, Gujarat | Criminal miscellaneous application | Filed by the company against Fortune Infra - Gaurav Dineshkumar Soni | Disposed |
To see the full case history of Akshar Ispat 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 Akshar Ispat Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Akshar Ispat Limited has a workforce of 7 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Akshar Ispat has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCA4887H1ZE | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Akshar Ispat Limited, buy the company report.
Recent activity
Akshar Ispat Limited has 13 board changes on record since 2011: 5 appointments and 8 cessations. The latest: Jayendrakumar Rameshbhai Patel ceased to be Whole-Time Director on 31 Mar 2021.
19 earlier events are in the company report.
Frequently asked questions
Akshar Ispat is an active public limited company based in Himatnagar, Gujarat, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 25 May 2011 (15+ years old) and is registered under CIN U28990GJ2011PLC065595.
Akshar Ispat has 5 current directors:
- Yogeshkumar Rameshbhai Patel - Managing Director
- Daxesh Manaharlal Thakkar - Director
- Kamleshkumar Kacharalal Patel - Director
- Charulkumar Jayantibhai Patel - Director
- Kiritkumar Ranchhodbhai Patel - Director
The latest financial statements of Akshar Ispat 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 Akshar Ispat is 24AAJCA4887H1ZE, registered in Gujarat.
The CIN (Corporate Identification Number) of Akshar Ispat is U28990GJ2011PLC065595. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akshar Ispat has 2 court cases on record: 2 filed by the company. 1 is pending.
Akshar Ispat was incorporated on 25 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Akshar Ispat by revenue are Jagdish Aluminium Private Limited, Euro Panel Products Limited, G B R Metals Private Limited, Souro Metals & Alloys Private Limited, all in the Metals and Minerals industry (Metals), with the same principal business activity (metal and metal products).
Jayendrakumar Rameshbhai Patel ceased to be Whole-Time Director on 31 Mar 2021. Bipinkumar Maganlal Patel ceased to be Director on 01 Jun 2018. Yogeshkumar Rameshbhai Patel ceased to be Director on 01 Apr 2018. Akshar Ispat has 13 board changes on record in total.
The registered office of Akshar Ispat is at Block No.158 Nr. G.E.B. Sub – Station Nikoda Chokadi At & Post: Bavsar, Himatnagar, Gujarat, India – 383001.
Akshar Ispat operates in the metals and minerals industry, in the steel manufacturing and processing segment.
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