Ankit Ispat Private Limited
About Ankit Ispat Private Limited
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Ankit Ispat Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Corbin Trades Investments Ltd.. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 13 August 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U27310TN2003PTC051377. Its GSTIN is 33AAECA3639E2Z1 (Tamil Nadu). The company holds 5 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors Anuj Kumar Behera and Bishan Singh.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at New No.9(Old No.3) Gopalapuram 6th Main Street, Chennai, Tamil Nadu, India – 600086.
As per the financials filed for FY 2019, the company reported a revenue of ₹27.39 Lakh, a growth of 22% compared to the previous year. For the same year it recorded a net loss of ₹1.43 Cr and EBITDA of ₹26.72 Lakh (EBITDA margin 97.6%). Revenue has declined at a compounded annual rate (CAGR) of 59% over three years and 65% over five years.
As per MCA filings, the company has open charges of ₹16.45 Cr and satisfied charges of ₹22.25 Cr on record. Court records list 39 cases involving the company, including 35 filed by the company and 4 filed against it; 6 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Ankit Ispat Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNew No.9(Old No.3) Gopalapuram 6th Main Street, Chennai, Tamil Nadu, India – 600086
- IndustryManufacturing, Die Casting & Metal Forming
To see the full contact details of Ankit Ispat 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
Business activity
The main business activity of Ankit Ispat 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 |
Financials of Ankit Ispat Private Limited
FY 2019 filings availableAnkit Ispat Private Limited reported revenue of ₹27.39 Lakh (up 22% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 22% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 65%. EBITDA rose 145% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹27.39 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹26.72 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.43 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 97.6% | ||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Ankit Ispat Private Limited, buy the company report.
Board of directors of Ankit Ispat Private Limited
Ankit Ispat has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anuj Kumar Behera | Director | 10 Apr 2015 | 11 Years 6 Months | Current |
| Bishan Singh | Director | 20 Jul 2015 | 11 Years 3 Months | Current |
Auditor
Ankit Ispat Private Limited is audited by RAJESH JANGID & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJESH JANGID & CO | FY 2019 | 011666S |
Shareholding
The shareholding of Ankit Ispat Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ankit Ispat Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jul 2015 | 10608953 | Bkl Steels Private Limited | ₹3.45 Cr | Open | |
| 04 Mar 2015 | 10608271 | Toughened Alloys & Steels Private Limited | ₹3 Cr | Open | |
| 02 Aug 2010 | 10239435 | State Bank of India | ₹10 Cr | Open | |
| 10 Jul 2013 | 10446349 | Dnepro Advisory Private Limited | ₹5 Cr | Satisfied | |
| 24 Sep 2007 | 10074576 | Standard Chartered Bank | ₹5 Cr | Satisfied |
To see the full charge records of Ankit Ispat Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Ankit Ispat Private Limited has 39 court cases on record: 35 filed by Ankit Ispat, 4 filed against it. 6 cases are pending and 33 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 33 | 2 | 6 |
| District courts | 5 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 39)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Civil suit | Filed by the company against Ashok Magnetics Limited and 1 other | Disposed |
| District court, Chennai, Tamil Nadu | Criminal complaint | Filed against the company by Ms. Shri Veerganapathi Steels Pvt. Ltd Rep. by. Mr. Narayan Maheswari | Disposed |
| High Court, TAMIL NADU | Company petition | Filed against the company by M/S.Micky Metals Limited | Disposed |
| High Court, TAMIL NADU | Appeal | Filed by the company against Joint Commissioner of Central Excise and Service Tax | Pending |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against The Assistant Commissioner of Income Tax | Pending |
To see the full case history of Ankit Ispat 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ankit Ispat Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ankit Ispat Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
Ankit Ispat has 5 GST registrations: 2 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAECA3639E2Z1 | Tamil Nadu | Active | 28 Dec 2018 |
| 34AAECA3639E3ZY | Puducherry | Active | 27 Jul 2017 |
To see the full GST registrations and return filing status of Ankit Ispat Private Limited, buy the company report.
Recent activity
Ankit Ispat Private Limited has 11 board changes on record since 2008: 3 appointments and 8 cessations. The latest: Ajay Kumar Agarwal ceased to be Additional Director on 30 Sep 2015.
14 earlier events are in the company report.
Frequently asked questions
Ankit Ispat is an active private limited company based in Chennai, Tamil Nadu, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 13 August 2003 (23+ years old) and is registered under CIN U27310TN2003PTC051377.
Ankit Ispat has 2 current directors:
- Anuj Kumar Behera - Director
- Bishan Singh - Director
The latest financial statements of Ankit Ispat on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Ankit Ispat is 33AAECA3639E2Z1, registered in Tamil Nadu. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 34AAECA3639E3ZY (Puducherry).
The CIN (Corporate Identification Number) of Ankit Ispat is U27310TN2003PTC051377. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ankit Ispat has 39 court cases on record: 35 filed by the company and 4 filed against it. 6 are pending. Most are in the high courts.
Ankit Ispat was incorporated on 13 August 2003, making it 23+ years old. It is registered with the Registrar of Companies, Chennai.
Ajay Kumar Agarwal ceased to be Additional Director on 30 Sep 2015. Anuj Kumar Behera ceased to be Additional Director on 30 Sep 2015. Bishan Singh ceased to be Additional Director on 30 Sep 2015. Ankit Ispat has 11 board changes on record in total.
The registered office of Ankit Ispat is at New No.9Old No.3 Gopalapuram 6th Main Street, Chennai, Tamil Nadu, India – 600086.
Ankit Ispat operates in the manufacturing industry, in the die casting and metal forming segment.