About Ankit Metal & Power Limited
Data last updated:
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 operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 07 August 2002.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN L27101WB2002PLC094979. Its GSTIN is 19AAECA5230B1Z7 (West Bengal). The company holds 3 GST registrations, of which 1 is active. It is a listed company as per MCA records. Its shares are listed on BSE: 532870 and NSE: ANKITMETAL.
The company has an authorised share capital of ₹141.2 Cr and a paid-up capital of ₹141.11 Cr. It was formerly known as Ankit Steel Works Private Limited. It is led by directors including Subham Bhagat (Managing Director) and Aritro Roy.
Its last annual general meeting (AGM) was held on 28 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Kolkata, West Bengal.
As per the latest standalone financials for FY 2022-23, the company reported a revenue of ₹853.99 Cr, a growth of 12.9% compared to the previous year. For the same year it recorded a net loss of ₹98.75 Cr (net margin -11.6%) and EBITDA of -₹63.45 Cr (EBITDA margin -7.4%). Total assets are valued at ₹226.95 Cr (down 36.7% YoY).
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. Court records list 203 cases involving the company, including 101 filed by the company and 103 filed against it; 32 cases are pending. The company has 62 deals on record (51 market trades, 7 secondary share transfers, 3 funding rounds), with disclosed funding of ₹368.17 Cr; the latest was in September 2015.
The last known website on record is ankitmetal.com.
Company details
CIN history
Ankit Metal & Power 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 |
Contact details
Ankit Metal & Power Limited's registered office is in Kolkata, West Bengal. Its website is ankitmetal.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address35, Chittaranjan Avenue India, Kolkata, West Bengal, India – 700012
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Ankit Metal & Power 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
Brands
Ankit Metal & Power operates one associated brand: Ankit Metal & Power. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Ferro alloys and steel products are manufactured in Kolkata, India. | ankitmetal.com |
Business activity
The main business activity of Ankit Metal & Power is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Ankit Metal & Power Limited, buy the company report.
Financials of Ankit Metal & Power Limited
FY 2022-23 filings availableAnkit Metal & Power Limited reported revenue of ₹853.99 Cr (up 12.9% YoY) for FY 2022-23.
Financial Highlights
FY 2014-15 · ConsolidatedFinancial summary ₹ Cr
| Metrics | FY 2014-15 |
|---|---|
| Income statement | |
| Revenue | 1,148 |
| EBITDA | (16.83) |
| EBITDA margin | -1.5% |
| Profit before tax | (193) |
| Net profit | (202) |
| Net profit margin | -17.6% |
| EPS (₹) | 0.00 |
| Balance sheet | |
| Total assets | 1,511 |
| Net worth | 309 |
| Total debt | 1,202 |
| Cash & bank | 25.01 |
| Net working capital | 734 |
| Cash flow | |
| Cash from operations | (255) |
| Cash from investing | 16.76 |
| Cash from financing | 243 |
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 854 | 757 | 418 | 548 | 409 | 186 | 23.61 |
| Revenue growth | +12.9% | +81.1% | -23.8% | +34.0% | +119.6% | +689.2% | - |
| EBITDA | (63.45) | (5.16) | (12.78) | 20.26 | (44.77) | (78.54) | (244) |
| EBITDA margin | -7.4% | -0.7% | -3.1% | +3.7% | -10.9% | -42.2% | -1034.2% |
| Profit before tax | (98.75) | (51.61) | (75.69) | (75.04) | (92.28) | (181) | (299) |
| Net profit | (98.75) | (51.61) | (75.69) | (75.04) | (92.28) | (181) | (291) |
| Net profit margin | -11.6% | -6.8% | -18.1% | -13.7% | -22.6% | -97.3% | -1232.0% |
| EPS (₹) | (7.00) | (3.66) | (5.36) | (5.32) | (6.54) | 0.00 | 0.00 |
| Balance sheet | |||||||
| Total assets | 227 | 359 | 440 | 538 | 637 | 749 | 935 |
| Net worth | (883) | (785) | (734) | (659) | (583) | (491) | (309) |
| Total debt | 1,105 | 1,140 | 1,170 | 1,197 | 1,220 | 1,239 | 1,245 |
| Cash & bank | 1.09 | 0.65 | 0.91 | 0.62 | 0.64 | 2.20 | 6.62 |
| Net working capital | (249) | (133) | (65.40) | (12.96) | 33.54 | 101 | 246 |
| Cash flow | |||||||
| Cash from operations | 53.97 | 60.10 | 27.01 | 212 | 139 | 108 | 84.10 |
| Cash from investing | (18.67) | (28.35) | 0.04 | 0.06 | (0.02) | 4.17 | (5.86) |
| Cash from financing | (34.83) | (32.01) | (26.78) | (212) | (140) | (113) | (80.78) |
| Particulars | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 147 | 206 | 203 | 262 | 197 | 187 | 207 | 239 |
| Revenue growth (YoY) | -25.5% | +9.9% | -2.0% | +9.9% | +32.1% | - | - | - |
| Other income | 0.00 | 6.92 | 0.01 | 0.03 | 0.02 | 0.03 | 0.00 | 0.73 |
| Total expenses | 213 | 300 | 248 | 285 | 231 | 190 | 212 | 224 |
| EBITDA | (66.52) | (94.46) | (44.78) | (22.39) | (33.71) | (2.90) | (4.48) | 14.31 |
| EBITDA margin | -45.6% | -49.3% | -23.1% | -9.4% | -17.2% | -2.0% | -2.6% | +7.2% |
| Depreciation | 9.53 | 9.36 | 8.39 | 8.20 | 9.44 | 8.64 | 9.01 | 9.43 |
| Interest | 0.00 | 0.10 | 0.02 | 0.02 | 0.02 | 0.03 | 0.02 | 0.02 |
| Profit before tax | (76.05) | (97.00) | (53.18) | (30.58) | (43.15) | (11.54) | (13.51) | 5.59 |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Financial Statements
| Particulars | FY 2014-15 |
|---|---|
| Revenue | 1,148 |
| Other income | 10.26 |
| Total expenses | 1,165 |
| Employee cost | 16.94 |
| EBITDA | (16.83) |
| EBITDA margin | -1.5% |
| Depreciation | 73.66 |
| Interest | 113 |
| Profit before tax | (193) |
| Tax | 0.00 |
| Net profit | (202) |
| Net profit margin | -17.6% |
| EPS (₹) | 0.00 |
| Particulars | FY 2014-15 |
|---|---|
| Equity & liabilities | |
| Share capital | 122 |
| Reserves & surplus | 187 |
| Shareholders' funds (net worth) | 309 |
| Minority interest | 0.00 |
| Secured loans | 1,136 |
| Unsecured loans | 66.21 |
| Total debt | 1,202 |
| Total liabilities | 1,511 |
| Assets | |
| Gross block | 1,007 |
| Net block | 776 |
| Capital work in progress | 1.18 |
| Investments | 0.11 |
| Inventories | 653 |
| Sundry debtors | 331 |
| Cash & bank balances | 25.01 |
| Loans & advances | 171 |
| Total current assets | 1,181 |
| Total current liabilities | 447 |
| Net working capital | 734 |
| Total assets | 1,511 |
| Particulars | FY 2014-15 |
|---|---|
| Opening cash | 1.02 |
| Net cash from operating activities | (255) |
| Net cash from investing activities | 16.76 |
| Net cash from financing activities | 243 |
| Net change in cash | 4.93 |
| Closing cash | 25.01 |
| Particulars | FY 2014-15 |
|---|---|
| Growth | |
| PBT growth | +9997.0% |
| Profitability & leverage | |
| Net income margin | -16.9% |
| Return on capital employed | 0.0% |
| Return on net worth | 0.0% |
| Debt / equity | 3.89 |
| Long-term debt / equity | 1.80 |
| Interest cover | -124.99 |
| Efficiency & per share | |
| Fixed asset turnover | 1.26 |
| Inventory turnover | 1.95 |
| Debtors turnover | 3.85 |
| EPS (₹) | 0.00 |
| Dividend per share (₹) | 0.00 |
| Book value per share (₹) | 25.31 |
| Particulars | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 147 | 206 | 203 | 262 | 197 | 187 | 207 | 239 |
| Revenue growth (YoY) | -25.5% | +9.9% | -2.0% | +9.9% | +32.1% | - | - | - |
| Other income | 0.00 | 6.92 | 0.01 | 0.03 | 0.02 | 0.03 | 0.00 | 0.73 |
| Total expenses | 213 | 300 | 248 | 285 | 231 | 190 | 212 | 224 |
| EBITDA | (66.52) | (94.46) | (44.78) | (22.39) | (33.71) | (2.90) | (4.48) | 14.31 |
| EBITDA margin | -45.6% | -49.3% | -23.1% | -9.4% | -17.2% | -2.0% | -2.6% | +7.2% |
| Depreciation | 9.53 | 9.36 | 8.39 | 8.20 | 9.44 | 8.64 | 9.01 | 9.43 |
| Interest | 0.00 | 0.10 | 0.02 | 0.02 | 0.02 | 0.03 | 0.02 | 0.02 |
| Profit before tax | (76.05) | (97.00) | (53.18) | (30.58) | (43.15) | (11.54) | (13.51) | 5.59 |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|---|---|
| Revenue | 854 | 757 | 418 | 548 | 409 | 186 | 23.61 |
| Revenue growth | +12.9% | +81.1% | -23.8% | +34.0% | +119.6% | +689.2% | - |
| Other income | 0.09 | 0.77 | 0.05 | 0.06 | 0.06 | 0.17 | 0.51 |
| Total expenses | 917 | 762 | 431 | 528 | 454 | 265 | 268 |
| Employee cost | 12.59 | 11.70 | 9.77 | 20.63 | 11.91 | 0.65 | 0.43 |
| EBITDA | (63.45) | (5.16) | (12.78) | 20.26 | (44.77) | (78.54) | (244) |
| EBITDA margin | -7.4% | -0.7% | -3.1% | +3.7% | -10.9% | -42.2% | -1034.2% |
| Depreciation | 35.28 | 42.40 | 44.31 | 51.13 | 44.91 | 41.21 | 40.53 |
| Interest | 0.11 | 4.82 | 18.65 | 44.23 | 2.66 | 61.72 | 15.10 |
| Profit before tax | (98.75) | (51.61) | (75.69) | (75.04) | (92.28) | (181) | (299) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | (98.75) | (51.61) | (75.69) | (75.04) | (92.28) | (181) | (291) |
| Net profit margin | -11.6% | -6.8% | -18.1% | -13.7% | -22.6% | -97.3% | -1232.0% |
| EPS (₹) | (7.00) | (3.66) | (5.36) | (5.32) | (6.54) | 0.00 | 0.00 |
| Particulars | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 141 | 141 | 141 | 141 | 141 | 141 | 141 |
| Reserves & surplus | (1,024) | (926) | (875) | (800) | (724) | (632) | (450) |
| Shareholders' funds (net worth) | (883) | (785) | (734) | (659) | (583) | (491) | (309) |
| Secured loans | 1,094 | 1,129 | 1,152 | 1,177 | 1,201 | 1,222 | 1,222 |
| Unsecured loans | 11.03 | 11.03 | 18.32 | 19.67 | 18.65 | 17.01 | 22.49 |
| Total debt | 1,105 | 1,140 | 1,170 | 1,197 | 1,220 | 1,239 | 1,245 |
| Total liabilities | 227 | 359 | 440 | 538 | 637 | 749 | 935 |
| Assets | |||||||
| Gross block | 787 | 787 | 787 | 787 | 787 | 787 | 787 |
| Net block | 426 | 461 | 504 | 548 | 599 | 644 | 685 |
| Capital work in progress | 47.20 | 28.40 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.07 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 |
| Inventories | 572 | 597 | 570 | 531 | 531 | 545 | 526 |
| Sundry debtors | 61.49 | 35.54 | 51.33 | 112 | 147 | 150 | 255 |
| Cash & bank balances | 1.09 | 0.65 | 0.91 | 0.62 | 0.64 | 2.20 | 6.62 |
| Loans & advances | 84.51 | 94.17 | 89.37 | 80.80 | 149 | 140 | 140 |
| Total current assets | 719 | 727 | 712 | 724 | 827 | 837 | 928 |
| Total current liabilities | 968 | 861 | 777 | 737 | 793 | 737 | 682 |
| Net working capital | (249) | (133) | (65.40) | (12.96) | 33.54 | 101 | 246 |
| Total assets | 227 | 359 | 440 | 538 | 637 | 749 | 935 |
| Particulars | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.62 | 0.87 | 0.60 | 0.62 | 2.20 | 2.65 | 5.20 |
| Net cash from operating activities | 53.97 | 60.10 | 27.01 | 212 | 139 | 108 | 84.10 |
| Net cash from investing activities | (18.67) | (28.35) | 0.04 | 0.06 | (0.02) | 4.17 | (5.86) |
| Net cash from financing activities | (34.83) | (32.01) | (26.78) | (212) | (140) | (113) | (80.78) |
| Net change in cash | 0.47 | (0.25) | 0.28 | (0.02) | (1.57) | (0.45) | (2.55) |
| Closing cash | 1.09 | 0.65 | 0.91 | 0.62 | 0.64 | 2.20 | 6.62 |
| Particulars | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +12.9% | +81.1% | -23.8% | +34.0% | +119.6% | +689.2% | - |
| EBITDA growth | -1129.7% | +59.6% | -163.1% | +145.3% | +43.0% | +67.8% | - |
| PBT growth | -91.3% | +31.8% | -0.9% | +18.7% | +49.1% | +39.4% | +16.2% |
| Net income growth | -91.3% | +31.8% | -0.9% | +18.7% | +49.1% | +37.7% | - |
| Revenue CAGR (3Y) | +15.9% | +22.8% | +30.9% | +185.3% | -24.8% | -45.5% | -74.8% |
| EBITDA CAGR (3Y) | - | -51.3% | -45.4% | - | -34.9% | +67.3% | - |
| Profitability & leverage | |||||||
| Net income margin | -11.6% | -6.8% | -18.1% | -13.7% | -22.6% | -97.3% | -1267.7% |
| Return on capital employed | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Return on net worth | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | -0.11 | -10.13 | -32.67 | -143.28 | -2.97 | -51.54 | -5.30 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.08 | 0.96 | 0.53 | 0.70 | 0.52 | 0.24 | 0.03 |
| Inventory turnover | 1.46 | 1.30 | 0.76 | 1.03 | 0.76 | 0.35 | 0.04 |
| Debtors turnover | 17.60 | 17.42 | 5.13 | 4.24 | 2.76 | 0.93 | 0.09 |
| EPS (₹) | (7.00) | (3.66) | (5.36) | (5.32) | (6.54) | 0.00 | 0.00 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | (62.55) | (55.64) | (52.03) | (46.68) | (41.31) | (34.77) | (21.92) |
To see the full year-wise statements and ratios of Ankit Metal & Power Limited, buy the company report.
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 4 Months | As last reported |
| Subham Bhagat | Managing Director | 08 Mar 2021 | 5 Years 7 Months | As last reported |
| Aritro Roy | Director | 20 Mar 2021 | 5 Years 7 Months | As last reported |
| Satish Kumar Singh | Director | 14 Aug 2021 | 5 Years 2 Months | As last reported |
| Sharat Malik | Director | 14 Aug 2019 | 7 Years 2 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 2 Months | As last reported |
Auditor
Ankit Metal & Power Limited is audited by J.B.S & Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J.B.S & Company | FY 2023 | 323734E |
Shareholding
The shareholding of Ankit Metal & Power Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ankit Metal & Power Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Dec 2014 | 10552842 | Others | ₹1,280.03 Cr | Open | |
| 17 Oct 2014 | 10534495 | State Bank of Hyderabad | ₹44.89 Cr | Open | |
| 30 Sep 2014 | 10532658 | Indian Overseas Bank | ₹127.18 Cr | Open | |
| 04 Sep 2013 | 10448688 | Allahabad Bank | ₹50 Cr | Open | |
| 13 Aug 2013 | 10448021 | Indian Overseas Bank | ₹102.78 Cr | Open |
To see the full charge records of Ankit Metal & Power Limited, buy the company report.
Total charge records: 40 View all charges
Deals & funding
Ankit Metal & Power Limited has 62 deals on record (51 market trades, 7 secondary share transfers, 3 funding rounds), with disclosed funding of ₹368.17 Cr; the latest was in September 2015.
Deals on record (5 of 62)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2015 | Funding round | ₹38.07 Cr | Investors: Astabhuja Properties Private Limited , 2 individuals |
| Aug 2015 | Market trade | ₹25.4 Lakh | Buyer: Varaprada Distributors Private Limited Seller: Varaprada Distributors Private Limited |
| Aug 2015 | Market trade | ₹50 Lakh | Seller: Rotomac Vinimay Pvt Ltd , Singrodia Bros Holding Private Limited |
| May 2014 | Market trade | ₹52.8 Lakh | Seller: Mayank Global Finance Limited |
| Oct 2013 | Funding round | ₹80.1 Cr | Investors: Shreyansh Leafin Pvt.Ltd. , Whitestone Suppliers Pvt Ltd , Arthodock Vinimay Pvt Ltd |
To see the full deal history of Ankit Metal & Power Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ankit Metal & Power Limited has 203 court cases on record: 101 filed by Ankit Metal & Power, 103 filed against it. 32 cases are pending and 171 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 129 | 48 | 11 |
| District courts | 37 | 24 | 13 |
| NCLAT | 19 | 16 | 5 |
| Supreme Court | 10 | 7 | 3 |
| NCLT | 8 | 8 | 0 |
Cases on record (5 of 203)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sundargarh, Odisha | Court case (EXECUITION CASES) | Filed against the company by M/S Passary Minerals Ltd. | Disposed |
| High Court | Court case (AP-COM) | Filed against the company by R S Fuel Pvt Ltd | Disposed |
| High Court, West Bengal | Arbitration matter | Filed by the company against R S Fuel Pvt Ltd | Disposed |
| District court, Kamrup Metro, Assam | Interim or miscellaneous application | Filed against the company by M/S Shri Jagdamba Iron and Steels | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by an individual | Pending |
To see the full case history of Ankit Metal & Power 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 Metal & Power Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ankit Metal & Power has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAECA5230B1Z7 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ankit Metal & Power Limited, buy the company report.
Recent activity
Ankit Metal & Power Limited has 46 board changes on record since 2002: 26 appointments and 20 cessations. The latest: Sujata Agarwal ceased to be Director on 03 Mar 2025.
98 earlier events are in the company report.
News
Frequently asked questions
Ankit Metal & Power 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 is a company under insolvency, formerly operating as a public limited company based in Kolkata, West Bengal, India. The company works in steel manufacturing and processing, within the metals and minerals industry. 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 reported revenue of ₹853.99 Cr for FY 2022-23 (up 12.9% YoY) based on standalone financials.
Ankit Metal & Power has 6 current directors and KMP:
- Subham Bhagat - Managing Director
- Aritro Roy - Director
- Satish Kumar Singh - Director
- Sharat Malik - Director
- Debasish Mukherjee - Director
- Vipul Jain - Cfo
The latest financial statements of Ankit Metal & Power on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 28 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Ankit Metal & Power 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 is a listed company as per MCA records. Its shares are listed on both BSE (code: 532870) and NSE (symbol: ANKITMETAL).
Ankit Metal & Power has open charges of ₹5,882.5 Cr and satisfied charges of ₹52 Cr as per latest MCA filings.
Ankit Metal & Power has 203 court cases on record: 101 filed by the company and 103 filed against it. 32 are pending. Most are in the high courts.
Ankit Metal & Power was incorporated on 07 August 2002. It is registered with the Registrar of Companies, Kolkata.