Azad Ispat India Private Limited
About Azad Ispat India Private Limited
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Azad Ispat India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 28 February 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U27100KA2007PTC041943. Its GSTIN is 29AAGCA9896D1Z4 (Karnataka). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹17.66 Cr. It is led by directors Riyaz Khumar Ahmed and Mujjassim Ruksar Azad.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at No.1 2nd Cross Slaughterhouse Rd Behind Nr Rd, Bangalore, Karnataka, India – 560002.
As per the financials filed for FY 2018, the company reported a revenue of ₹82.82 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹9.09 Lakh (net margin 0.1%) and EBITDA of ₹3.09 Cr (EBITDA margin 3.7%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹17.49 Cr on record. Court records list 63 cases involving the company, including 46 filed by the company and 17 filed against it; 3 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Azad Ispat India Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo.1 2nd Cross Slaughterhouse Rd Behind Nr Rd, Bangalore, Karnataka, India – 560002
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Azad Ispat India 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 Azad Ispat India is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Azad Ispat India Private Limited, buy the company report.
Financials of Azad Ispat India Private Limited
FY 2018 filings availableAzad Ispat India Private Limited reported revenue of ₹82.82 Cr (up 26% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over three years, including 26% growth in the latest year. EBITDA fell 21% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹82.82 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹3.09 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹9.09 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 3.7% | |||
| Net Profit Margin | 0.1% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| 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 Azad Ispat India Private Limited, buy the company report.
Board of directors of Azad Ispat India Private Limited
Azad Ispat India has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Riyaz Khumar Ahmed | Director | 06 Mar 2017 | 9 Years 8 Months | Current |
| Mujjassim Ruksar Azad | Director | 24 Apr 2018 | 8 Years 6 Months | Current |
Peer comparison
Azad Ispat India Private 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 |
|---|---|---|---|---|---|---|
| Alishan Steels Private Limited | ₹82.94 Cr (FY 2025) | -31.0% | Durgapur, West Bengal, India | |||
| Azad Ispat India Private Limitedthis company | ₹82.82 Cr (FY 2018) | ₹9.09 Lakh | 0.1% | 26.0% | 6 | Bangalore, Karnataka, India |
| Nasik Ispat Private Limited | ₹82.79 Cr (FY 2025) | 23.0% | Nashik, Maharashtra, India | |||
| Vision Ispat Private Limited | ₹82.72 Cr (FY 2025) | -12.0% | Dibrugarh, Assam, India | |||
| Infinity Fabtech Private Limited | ₹82.61 Cr (FY 2024) | 88.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of Azad Ispat India Private Limited, buy the company report.
Auditor
Azad Ispat India Private Limited is audited by S P GUPTA & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S P GUPTA & CO | FY 2018 | 050059S |
Shareholding
The shareholding of Azad Ispat India Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Azad Ispat India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2014 | 10491331 | Andhra Pradesh State Financial Corporation | ₹3.5 Cr | Satisfied | |
| 18 Sep 2010 | 10247351 | Andhra Pradesh State Financial Corporation | ₹6.2 Cr | Satisfied | |
| 18 Sep 2010 | 10247357 | Andhra Pradesh State Financial Corporation | ₹2.19 Cr | Satisfied | |
| 23 Aug 2008 | 10123095 | Others | ₹5.6 Cr | Satisfied |
To see the full charge records of Azad Ispat India Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Azad Ispat India Private Limited has 63 court cases on record: 46 filed by Azad Ispat India, 17 filed against it. 3 cases are pending and 60 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 55 | 15 | 2 |
| District courts | 8 | 2 | 1 |
Cases on record (5 of 63)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sonepat, Haryana | Civil suit | Filed against the company by M/S Eastern Bearings Pvt. Ltd. | Pending |
| High Court | Criminal complaint | Filed by the company against individuals | Pending |
| High Court, ANDHRAPRADESH | Criminal complaint | Filed by the company against individuals | Pending |
| High Court of Andhra Pradesh | Writ petition | Filed by the company against The State of Ap and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Appeal | Filed against the company by an individual | Disposed |
To see the full case history of Azad Ispat India 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 Azad Ispat India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Azad Ispat India Private Limited has a workforce of 6 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Azad Ispat India has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCA9896D1Z4 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Azad Ispat India Private Limited, buy the company report.
Recent activity
Azad Ispat India Private Limited has 7 board changes on record since 2016: 3 appointments and 4 cessations. The latest: Ameer Azad was appointed as CEO on 25 Apr 2018.
7 earlier events are in the company report.
Frequently asked questions
Azad Ispat India is an active private limited company based in Bangalore, Karnataka, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 28 February 2007 (19+ years old) and is registered under CIN U27100KA2007PTC041943.
Azad Ispat India has 2 current directors:
- Riyaz Khumar Ahmed - Director
- Mujjassim Ruksar Azad - Director
The latest financial statements of Azad Ispat India on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Azad Ispat India is 29AAGCA9896D1Z4, registered in Karnataka. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Azad Ispat India is U27100KA2007PTC041943. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Azad Ispat India has 63 court cases on record: 46 filed by the company and 17 filed against it. 3 are pending. Most are in the high courts.
Azad Ispat India was incorporated on 28 February 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Azad Ispat India by revenue are Alishan Steels Private Limited, Nasik Ispat Private Limited, Vision Ispat Private Limited, Infinity Fabtech Private Limited, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Ameer Azad was appointed as CEO on 25 Apr 2018. Ameer Azad ceased to be Director on 24 Apr 2018. Mujjassim Ruksar Azad was appointed as Director on 24 Apr 2018. Azad Ispat India has 7 board changes on record in total.
The registered office of Azad Ispat India is at No.1 2nd Cross Slaughterhouse Rd Behind Nr Rd, Bangalore, Karnataka, India – 560002.
Azad Ispat India operates in the metals and minerals industry, in the steel manufacturing and processing segment.
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