About Ankit Metal & Power Limited
Data last updated: 30 July 2025
Ankit Metal & Power Limited is a public limited company based in Kolkata, West Bengal, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It specialises in steel manufacturing and processing, a part of the broader metals and mining sector. Incorporated on 07 August 2002, the company has been in operation for over 24 years.
Registered with ROC Kolkata under CIN L27101WB2002PLC094979. Listed on BSE: 532870 and NSE: ANKITMETAL.
Capital: an authorised share capital of ₹141.2 Cr and a paid-up capital of ₹141.11 Cr. Formerly known as Ankit Steel Works Private Limited. It is led by directors including Subham Bhagat and Aritro Roy.
Last AGM: 28 September 2023. Financial statements filed for year ended 31 March 2023. Office: Kolkata, West Bengal.
As per NSE-filed standalone financials for FY 2023, the company reported a revenue of ₹853.99 Cr, a growth of 12.85% compared to the previous year. Total assets are valued at ₹1,195.05 Cr.
The company is associated with 1 brand - Ankit Metal & Power. As per MCA filings, the company has open charges of ₹5,882.5 Cr and satisfied charges of ₹52 Cr on record.
The company is undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional, and the company may not be able to independently enter into new commitments. The last known website on record is ankitmetal.com.
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Registered Address35, Chittaranjan Avenue India, Kolkata, West Bengal, India – 700012
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IndustryMetals and Minerals, Steel Manufacturing & Processing
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
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CIN History of Ankit Metal & Power Limited
Ankit Metal & Power Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L27101WB2002PLC094979, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L27101WB2002PLC094979 | Current |
| U27101WB2002PTC094979 | Previous |
| U27101WB2002PLC094979 | Previous |
Associated Brands with Ankit Metal & Power Limited
Ankit Metal & Power Limited operates one associated brand: Ankit Metal & Power. These brands represent Ankit Metal & Power Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Ferro alloys and steel products are manufactured in Kolkata, India. | ankitmetal.com |
Business Activity of Ankit Metal & Power Limited
Ankit Metal & Power Limited is engaged in the principal business activity of manufacturing, with detailed activities including chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details for Ankit Metal & Power Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
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Auditor Details of Ankit Metal & Power Limited
Ankit Metal & Power Limited is audited by J.B.S & Company for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J.B.S & Company | Locked | Locked | Locked |
Complete auditor history for Ankit Metal & Power Limited
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Board of Directors and KMP of Ankit Metal & Power Limited
Ankit Metal & Power Limited currently reports 5 directors and 1 key managerial person. 25 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Vipul Jain
Also directs:
Septimus Enterprises Private Limited
|
Cfo | 30 May 2022 | 4 Years 2 Months | As last reported |
| Subham Bhagat | Managing Director | 08 Mar 2021 | 5 Years 5 Months | As last reported |
| Aritro Roy | Director | 20 Mar 2021 | 5 Years 5 Months | As last reported |
| Satish Kumar Singh | Director | 14 Aug 2021 | 5 Years 0 Months | As last reported |
| Sharat Malik | Director | 14 Aug 2019 | 7 Years 0 Months | As last reported |
|
Debasish Mukherjee
Also directs:
Skp Mining Private Limited, Whitestone Suppliers Pvt Ltd, Patni Metal & Ferro Alloys Ltd and 5 more
|
Director | 14 Aug 2019 | 7 Years 0 Months | As last reported |
Financials of Ankit Metal & Power Limited FY 2023 filings available
Ankit Metal & Power Limited reported revenue of ₹853.99 Cr (up 12.85% YoY) for FY 2023.
| Metrics | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Revenue from Operations | ₹853.99 Cr | ₹756.72 Cr | ₹417.87 Cr | ₹548.28 Cr |
| Other Income | ₹8.68 Lakh | ₹76.69 Lakh | ₹5.18 Lakh | ₹6.11 Lakh |
| Total Income | ₹854.08 Cr | ₹757.49 Cr | ₹417.92 Cr | ₹548.34 Cr |
| Cost of Materials Consumed | ₹530.01 Cr | ₹459.88 Cr | ₹488.73 Cr | ₹342.38 Cr |
| Purchases of Stock-in-Trade | ₹113.07 Cr | ₹76.57 Cr | ₹32.53 Cr | ₹17.92 Cr |
| Changes in Inventories | ₹71.03 Cr | ₹26.42 Cr | -₹192.85 Cr | ₹74.66 Cr |
| Employee Benefit Expense | ₹12.59 Cr | ₹11.7 Cr | ₹9.77 Cr | ₹20.63 Cr |
| Finance Costs | ₹7.55 Lakh | ₹4.8 Cr | ₹18.65 Cr | ₹44.23 Cr |
| Depreciation & Amortisation | ₹35.28 Cr | ₹42.4 Cr | ₹44.31 Cr | ₹51.13 Cr |
| Other Expenses | ₹190.78 Cr | ₹187.34 Cr | ₹92.48 Cr | ₹72.44 Cr |
| Total Expenses | ₹952.83 Cr | ₹809.11 Cr | ₹493.62 Cr | ₹623.38 Cr |
| Profit Before Exceptional Items & Tax | -₹98.75 Cr | -₹51.62 Cr | -₹75.71 Cr | -₹75.04 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹98.75 Cr | -₹51.62 Cr | -₹75.71 Cr | -₹75.04 Cr |
| Total Tax Expense | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Profit | -₹98.75 Cr | -₹51.62 Cr | -₹75.71 Cr | -₹75.04 Cr |
| attributable to Owners | - | - | - | ₹0 |
| attributable to NCI | - | - | - | ₹0 |
| Other Comprehensive Income | ₹1.28 Cr | ₹63.12 Lakh | ₹24.53 Lakh | -₹76.27 Lakh |
| Total Comprehensive Income | -₹97.46 Cr | -₹50.99 Cr | -₹75.46 Cr | -₹75.81 Cr |
| EBITDA (computed) | -₹63.39 Cr | -₹4.43 Cr | -₹12.75 Cr | ₹20.32 Cr |
| Basic EPS | ₹-7.00 | ₹-3.66 | ₹-5.36 | ₹-5.32 |
| Diluted EPS | ₹-7.00 | ₹-3.66 | ₹-5.36 | ₹-5.32 |
| Metrics | FY 2023 |
|---|---|
| Total Assets | ₹1,195.05 Cr |
| Non-current Assets | ₹476.1 Cr |
| Current Assets | ₹718.95 Cr |
| Property, Plant & Equipment | ₹426.24 Cr |
| Inventories | ₹571.86 Cr |
| Trade Receivables | ₹61.49 Cr |
| Cash & Equivalents | ₹1.09 Cr |
| Equity (Net Worth) | -₹882.64 Cr |
| Equity Share Capital | ₹141.11 Cr |
| Borrowings (Non-current) | ₹11.03 Cr |
| Borrowings (Current) | ₹1,093.88 Cr |
| Total Debt (computed) | ₹1,104.91 Cr |
| Current Liabilities | ₹2,061.98 Cr |
| Total Liabilities | ₹2,077.69 Cr |
| Metrics | FY 2023 | FY 2022 |
|---|---|---|
| Operating Cash Flow | ₹53.97 Cr | ₹60.1 Cr |
| Investing Cash Flow | -₹18.67 Cr | -₹28.35 Cr |
| Financing Cash Flow | -₹34.83 Cr | -₹32.01 Cr |
| Capital Expenditure | ₹18.83 Cr | ₹28.4 Cr |
| Free Cash Flow (computed) | ₹35.14 Cr | ₹31.7 Cr |
| Dividends Paid | ₹0 | ₹0 |
| Net Change in Cash | ₹46.96 Lakh | -₹25.01 Lakh |
| Metrics | Q3 FY24 | Q2 FY24 | Q1 FY24 | Q4 FY23 | Q3 FY23 | Q2 FY23 | Q1 FY23 | Q4 FY22 | Q3 FY22 | Q2 FY22 | Q1 FY22 | Q4 FY21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹146.87 Cr | ₹205.9 Cr | ₹202.91 Cr | ₹262.32 Cr | ₹197.17 Cr | ₹187.37 Cr | ₹207.13 Cr | ₹238.66 Cr | ₹149.31 Cr | ₹206.31 Cr | ₹140.65 Cr | ₹208.99 Cr |
| Other Income | ₹0 | ₹6.92 Cr | ₹1.17 Lakh | ₹3.46 Lakh | ₹1.75 Lakh | ₹3.3 Lakh | ₹17,000 | ₹73.45 Lakh | ₹3.15 Lakh | ₹5.71 Cr | ₹16.09 Cr | ₹2,000 |
| Total Income | ₹146.87 Cr | ₹212.82 Cr | ₹202.93 Cr | ₹262.36 Cr | ₹197.19 Cr | ₹187.4 Cr | ₹207.13 Cr | ₹239.39 Cr | ₹149.35 Cr | ₹212.01 Cr | ₹156.74 Cr | ₹208.99 Cr |
| Cost of Materials Consumed | ₹115.94 Cr | ₹153.18 Cr | ₹148.69 Cr | ₹186.79 Cr | ₹138.28 Cr | ₹84.3 Cr | ₹120.63 Cr | ₹125.41 Cr | ₹101.42 Cr | ₹167.77 Cr | ₹108.52 Cr | ₹192.65 Cr |
| Purchases of Stock-in-Trade | ₹9.05 Cr | ₹14.39 Cr | ₹17.55 Cr | ₹35.76 Cr | ₹29.4 Cr | ₹19.95 Cr | ₹27.96 Cr | ₹33.9 Cr | ₹16.43 Cr | ₹16.78 Cr | ₹9.47 Cr | ₹14.99 Cr |
| Changes in Inventories | ₹39.1 Cr | ₹67.09 Cr | ₹13.53 Cr | -₹27.11 Cr | ₹15.19 Cr | ₹39.2 Cr | ₹32.1 Cr | ₹10.9 Cr | -₹5.3 Cr | -₹1.13 Cr | ₹21.95 Cr | -₹32.48 Cr |
| Employee Benefit Expense | ₹3.62 Cr | ₹3.52 Cr | ₹3.59 Cr | ₹3.18 Cr | ₹3.37 Cr | ₹2.78 Cr | ₹3.26 Cr | ₹3.01 Cr | ₹2.21 Cr | ₹3.46 Cr | ₹3.02 Cr | ₹3.35 Cr |
| Finance Costs | ₹40,000 | ₹9.83 Lakh | ₹1.64 Lakh | ₹1.62 Lakh | ₹1.76 Lakh | ₹2.53 Lakh | ₹1.64 Lakh | ₹2.09 Lakh | ₹1.4 Cr | ₹1.7 Cr | ₹1.67 Cr | ₹1.85 Cr |
| Depreciation & Amortisation | ₹9.53 Cr | ₹9.36 Cr | ₹8.39 Cr | ₹8.2 Cr | ₹9.44 Cr | ₹8.64 Cr | ₹9.01 Cr | ₹9.43 Cr | ₹9.58 Cr | ₹10.89 Cr | ₹12.5 Cr | ₹14 Cr |
| Other Expenses | ₹45.68 Cr | ₹62.18 Cr | ₹64.33 Cr | ₹86.09 Cr | ₹44.63 Cr | ₹44.03 Cr | ₹27.67 Cr | ₹51.12 Cr | ₹29.91 Cr | ₹24.28 Cr | ₹38.78 Cr | ₹27.87 Cr |
| Total Expenses | ₹222.93 Cr | ₹309.82 Cr | ₹256.1 Cr | ₹292.92 Cr | ₹240.33 Cr | ₹198.93 Cr | ₹220.64 Cr | ₹233.79 Cr | ₹155.66 Cr | ₹223.75 Cr | ₹195.91 Cr | ₹222.22 Cr |
| Profit Before Exceptional Items & Tax | -₹76.06 Cr | -₹97 Cr | -₹53.17 Cr | -₹30.56 Cr | -₹43.15 Cr | -₹11.53 Cr | -₹13.51 Cr | ₹5.6 Cr | -₹6.31 Cr | -₹11.74 Cr | -₹39.17 Cr | -₹13.23 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹76.06 Cr | -₹97 Cr | -₹53.17 Cr | -₹30.56 Cr | -₹43.15 Cr | -₹11.53 Cr | -₹13.51 Cr | ₹5.6 Cr | -₹6.31 Cr | -₹11.74 Cr | -₹39.17 Cr | -₹13.23 Cr |
| Total Tax Expense | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Profit | -₹76.06 Cr | -₹97 Cr | -₹53.17 Cr | -₹30.56 Cr | -₹43.15 Cr | -₹11.53 Cr | -₹13.51 Cr | ₹5.6 Cr | -₹6.31 Cr | -₹11.74 Cr | -₹39.17 Cr | -₹13.23 Cr |
| Other Comprehensive Income | ₹32.12 Lakh | ₹32.12 Lakh | ₹32.13 Lakh | ₹1.13 Cr | ₹15.78 Lakh | ₹15.78 Lakh | ₹15.78 Lakh | ₹47.38 Lakh | ₹5.25 Lakh | ₹5.24 Lakh | ₹5.24 Lakh | ₹4.44 Lakh |
| Total Comprehensive Income | -₹75.74 Cr | -₹96.68 Cr | -₹52.85 Cr | -₹29.44 Cr | -₹42.99 Cr | -₹11.37 Cr | -₹13.35 Cr | ₹6.07 Cr | -₹6.26 Cr | -₹11.68 Cr | -₹39.12 Cr | -₹13.19 Cr |
| EBITDA (computed) | -₹66.52 Cr | -₹87.54 Cr | -₹44.77 Cr | -₹22.35 Cr | -₹33.69 Cr | -₹2.87 Cr | -₹4.48 Cr | ₹15.04 Cr | ₹4.67 Cr | ₹85.12 Lakh | -₹25 Cr | ₹2.62 Cr |
| Basic EPS | ₹-5.39 | ₹-6.87 | ₹-3.77 | ₹-2.17 | ₹-3.06 | ₹-0.82 | ₹-0.96 | ₹0.40 | ₹-0.45 | ₹-0.83 | ₹-2.78 | ₹-0.94 |
| Diluted EPS | ₹-5.39 | ₹-6.87 | ₹-3.77 | ₹-2.17 | ₹-3.06 | ₹-0.82 | ₹-0.96 | ₹0.40 | ₹-0.45 | ₹-0.83 | ₹-2.78 | ₹-0.94 |
Shareholding Pattern of Ankit Metal & Power Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2024, promoters hold 71.02%, public shareholders hold 28.98% of Ankit Metal & Power Limited.
| Mar 2024 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | |
|---|---|---|---|---|---|---|
| Promoters | 71.02% | 71.02% | 71.02% | 71.02% | 71.02% | 71.02% |
| Public | 28.98% | 28.98% | 28.98% | 28.98% | 28.98% | 28.98% |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Promoters | 71.02% | 71.02% | 71.02% | 71.02% | 71.02% | 71.02% | 71.02% | 71.02% | 71.02% |
| Public | 28.98% | 28.98% | 28.98% | 28.98% | 28.99% | 28.98% | 28.98% | 28.98% | 28.98% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | +0.00 | +0.00 | +0.00 | +0.00 | +0.00 | +0.00 | - |
Charges & Borrowings of Ankit Metal & Power Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Dec 2014 | Others | ₹1,280.03 Cr | Open |
| 17 Oct 2014 | State Bank of Hyderabad | ₹44.89 Cr | Open |
| 30 Sep 2014 | Indian Overseas Bank | ₹127.18 Cr | Open |
| 04 Sep 2013 | Allahabad Bank | ₹50 Cr | Open |
| 13 Aug 2013 | Indian Overseas Bank | ₹102.78 Cr | Open |
Total charge records: 40 View all charges
Employees and EPFO Compliance at Ankit Metal & Power Limited
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Employee and EPFO history for Ankit Metal & Power Limited
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GST Compliance of Ankit Metal & Power Limited
GST registrations and filing compliance for Ankit Metal & Power Limited
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Credit Ratings, Litigation & Regulatory Alerts for Ankit Metal & Power Limited
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MSME Payment Delays by Ankit Metal & Power Limited
MSME payment history for Ankit Metal & Power Limited
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Subsidiaries & Group Companies of Ankit Metal & Power Limited
Corporate group structure for Ankit Metal & Power Limited
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MCA Filings & Documents of Ankit Metal & Power Limited
MCA filings and documents for Ankit Metal & Power Limited
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Recent Activity on Ankit Metal & Power Limited
Recent News on Ankit Metal & Power Limited
Frequently Asked Questions about Ankit Metal & Power Limited
Ankit Metal & Power Limited is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Ankit Metal & Power Limited is a company under insolvency, formerly operating as a public limited company in the metals and minerals sector based in Kolkata, West Bengal, India. It was incorporated on 07 August 2002 and is registered under CIN L27101WB2002PLC094979. Listed on BSE: 532870 and NSE: ANKITMETAL. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Ankit Metal & Power Limited reported revenue of ₹853.99 Cr for FY 2023 (up 12.85% YoY) based on standalone NSE filings.
The current directors and KMP of Ankit Metal & Power Limited are:
- Vipul Jain - Cfo
- Subham Bhagat - Managing Director
- Aritro Roy - Director
- Satish Kumar Singh - Director
- Sharat Malik - Director
- Debasish Mukherjee - Director
The CIN (Corporate Identification Number) of Ankit Metal & Power Limited is L27101WB2002PLC094979. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Ankit Metal & Power Limited is listed on both BSE (code: 532870) and NSE (symbol: ANKITMETAL).