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 Vipul Jain.
Last AGM: 28 September 2023. Financial statements filed for year ended 31 March 2023. Office: Kolkata, West Bengal.
As per the financials filed for FY 2023, the company reported a revenue of ₹854.08 Cr, a growth of 13% compared to the previous year.
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.
-
Email*****@*****.com
-
Telephone+91-****-******
-
Website
-
Social Media**************
-
Registered Address35, Chittaranjan Avenue India, Kolkata, West Bengal, India – 700012
-
IndustryMetals and Minerals, Steel Manufacturing & Processing
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
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 | ********* |
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 | blur-value | blur-value | blur-value |
Board of Directors of Ankit Metal & Power Limited
Ankit Metal & Power Limited is currently managed by 10 directors, with 30 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subham Bhagat | Managing Director | 08 Mar 2021 | 5 Years 4 Months | As last reported |
|
Vipul Jain
Also directs:
Septimus Enterprises Private Limited
|
Cfo | 30 May 2022 | 4 Years 1 Months | As last reported |
|
Sujata Agarwal
Also directs:
Fingeek Digital Private Limited
|
Director | 23 Mar 2015 | 11 Years 3 Months | As last reported |
|
Rajesh Kumar Agrawal
Also directs:
Excel Restructuring Advisory Llp, Victory Maintenance Services P Ltd, Nocil Mercantile Pvt Ltd and 4 more
|
Irp/Rp/Liquidator | 05 Mar 2024 | 2 Years 4 Months | As last reported |
| Sharat Malik | Director | 14 Aug 2019 | 6 Years 10 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 | 6 Years 10 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. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| 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
View historical data on people associated with Ankit Metal & Power Limited, including employment history and EPFO contributions.
Employee Count & EPFO Data of Ankit Metal & Power Limited
Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.
GST Compliance of Ankit Metal & Power Limited
GSTIN & GST Filing Data of Ankit Metal & Power Limited
Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.
Credit Ratings, Litigation & Regulatory Alerts for Ankit Metal & Power Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Ankit Metal & Power Limited
Access complete credit rating history, litigation records, regulatory alerts, and compliance data.
MSME Payment Delays by Ankit Metal & Power Limited
MSME Payment Delays by Ankit Metal & Power Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Ankit Metal & Power Limited
Subsidiaries & Group Companies of Ankit Metal & Power Limited
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Ankit Metal & Power Limited with ownership details.
MCA Filings & Documents of Ankit Metal & Power Limited
MCA Filings & Documents of Ankit Metal & Power Limited
Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.
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 ₹854.08 Cr for FY 2023 (up 13.00% YoY).
The current directors of Ankit Metal & Power Limited are:
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).