
Am Ispat Limited
About Am Ispat Limited
Data last updated:
Am Ispat Limited was a public limited company based in Sihor, Gujarat, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 31 August 1999.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27100GJ1999PLC146264. Its GSTIN is 24AACCA7279A1ZZ (Gujarat).
The company had an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.22 Cr. It was led by directors including Bhadresh Jaysukhlal Shah and Bhavesh Chimanlal Shah.
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 was at Survey L.S. No. 225/P1 226/Pvillage Ghanghali, Taluka Sihor Ghanghli Bhavnagar Sihor, Gujarat, India – 364240.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.31 Lakh, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹13.41 Lakh (net margin -130.1%) and EBITDA of -₹2.76 Lakh (EBITDA margin -26.8%). Revenue has declined at a compounded annual rate (CAGR) of 84% over three years and 69% over five years.
The company had about 3 employees on its provident fund (EPFO) records before it was dissolved.
Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
Company details
CIN history
Am Ispat has one previous CIN (Corporate Identification Number): U27100MH1999PLC121539. The current CIN is U27100GJ1999PLC146264, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27100GJ1999PLC146264 | Current |
| U27100MH1999PLC121539 | Previous |
Contact details
Am Ispat Limited's registered office is in Sihor, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSurvey L.S. No. 225/P1 226/Pvillage Ghanghali, Taluka Sihor Ghanghli Bhavnagar Sihor, Gujarat, India – 364240
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Am 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
Financials of Am Ispat Limited
FY 2024 filings availableAm Ispat Limited reported revenue of ₹10.31 Lakh (down 98% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 69% over five years, including a 98% fall in the latest year. EBITDA fell 169% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Other Income | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹2.76 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹13.41 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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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 | -26.8% | ||||
| Net Profit Margin | -130.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
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To see the full financial statements and ratios of Am Ispat Limited, buy the company report.
Board of directors of Am Ispat Limited
Am Ispat has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhadresh Jaysukhlal Shah | Director | 25 Sep 2008 | 18 Years 1 Months | As last reported |
| Bhavesh Chimanlal Shah Also directs: Sunbeam High Tech Builders LLP, Paras Ship Breakers Limited, Dalkan Ship Breaking Limited and 1 more | Director | 25 Aug 2016 | 10 Years 2 Months | As last reported |
| Dharmendra Shah Vinaychand | Director | 25 Sep 2008 | 18 Years 1 Months | As last reported |
Peer comparison
Am Ispat Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Zestha Steel Structurals Private Limited | ₹10.47 Lakh (FY 2022) | 41.0% | New Delhi, Delhi, India | |||
| Am Ispat Limitedthis company | ₹10.31 Lakh (FY 2024) | -₹13.41 Lakh | -130.1% | -98.0% | 3 | Sihor, Gujarat, India |
| Katlia Steel Industries Pvt Ltd | ₹10.24 Lakh (FY 2024) | 4.0% | Howrah, West Bengal, India | |||
| Shiva Stainless Steel Private Limited | ₹10.21 Lakh (FY 2025) | -99.0% | Delhi, India | |||
| Dilavar Steel Private Limited | ₹10.18 Lakh (FY 2025) | -73.0% | Babra, Gujarat, India |
To see the full peer comparison of Am Ispat Limited, buy the company report.
Auditor
Am Ispat Limited is audited by MINKESH A SHAH for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MINKESH A SHAH | FY 2023 | 111004 |
Shareholding
The shareholding of Am 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 Am Ispat Limited, buy the company report.
Legal cases
Am Ispat Limited has 3 court cases on record: 2 filed by Am Ispat, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Ahmedabad | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| District court, Bhavnagar, Gujarat | Court case (DST LC) | Filed against the company by an individual | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against individuals | Disposed |
To see the full case history of Am 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.
Credit ratings & regulatory alerts
Am Ispat Limited was last rated by Brickwork on 12 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 12 Nov 2020 |
To see the full credit ratings and regulatory alerts of Am Ispat Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Am Ispat Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Am Ispat Limited has a workforce of 3 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Am Ispat has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCA7279A1ZZ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Am Ispat Limited, buy the company report.
Recent activity
Am Ispat Limited has 7 board changes on record since 2008: 3 appointments and 4 cessations. The latest: Bhavesh Chimanlal Shah ceased to be Additional Director on 30 Sep 2016.
Frequently asked questions
Am Ispat has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Am Ispat was a public limited company based in Sihor, Gujarat, India. The company worked in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 31 August 1999 and is registered under CIN U27100GJ1999PLC146264. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Am Ispat was incorporated on 31 August 1999. It is registered with the Registrar of Companies, Ahmedabad.
Am Ispat had 3 directors:
- Bhadresh Jaysukhlal Shah - Director
- Bhavesh Chimanlal Shah - Director
- Dharmendra Shah Vinaychand - Director
The CIN (Corporate Identification Number) of Am Ispat is U27100GJ1999PLC146264. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Am Ispat is at Survey L.S. No. 225P1 226Pvillage Ghanghali, Taluka Sihor Ghanghli Bhavnagar Sihor, Gujarat, India – 364240.
The latest financial statements of Am Ispat 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 Am Ispat is 24AACCA7279A1ZZ, registered in Gujarat.
Am Ispat operated in the metals and minerals industry, in the steel manufacturing and processing segment.
The peers of Am Ispat by revenue are Zestha Steel Structurals Private Limited, Katlia Steel Industries Pvt Ltd, Shiva Stainless Steel Private Limited, Dilavar Steel Private Limited, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Am Ispat has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the district courts.

