About Durable Ispat & Alloys Private Limited
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Durable Ispat & Alloys Private Limited was a private limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 05 November 2004.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2004PTC100332. Its GSTIN is 19AAICS6279A2Z3 (West Bengal). The company held 7 GST registrations, of which 2 are active.
The company had an authorised share capital of ₹9 Lakh and a paid-up capital of ₹8.55 Lakh. It was formerly known as Sure-Safe Vyapaar Private Limited. It was led by directors Ramniwas Kanodia (Whole-Time Director) and Madhu Sureka.
Its last annual general meeting (AGM) was held on 30 December 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 7 C R Avenue Laha Paint House, Kolkata, West Bengal, India – 700072.
As per the financials filed for FY 2022, the company reported a revenue of ₹33.34 Lakh, a decline of 55% compared to the previous year. For the same year it recorded a net loss of ₹69.53 Lakh (net margin -208.6%) and EBITDA of -₹52.12 Lakh (EBITDA margin -156.3%). Revenue has declined at a compounded annual rate (CAGR) of 87% over three years and 69% over five years.
The company had about 18 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 2 brands: Durable Ispat & Alloys and Beekay Steel. As per MCA filings, the company had satisfied charges of ₹15.2 Lakh on record. Court records list 22 cases involving the company, including 20 filed by the company and 2 filed against it; 4 cases are pending.
The last known website on record is beekaysteel.com.
Company details
Contact details
Durable Ispat & Alloys Private Limited's registered office is in Kolkata, West Bengal. Its website is beekaysteel.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address7 C R Avenue Laha Paint House, Kolkata, West Bengal, India – 700072
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Durable Ispat & Alloys 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
Brands
Durable Ispat & Alloys operates two associated brands: Durable Ispat & Alloys and Beekay Steel. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Industrial steel products are manufactured for various sectors. | durableispat.com | |
| Steel products are manufactured by Beekay Steel in India. | beekaysteel.com |
Business activity
The main business activity of Durable Ispat & Alloys 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 Durable Ispat & Alloys Private Limited
FY 2022 filings availableDurable Ispat & Alloys Private Limited reported revenue of ₹33.34 Lakh (down 55% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 69% over five years, including a 55% fall in the latest year. EBITDA fell 243% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Total Expenses | |||||
| EBITDA | -₹52.12 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹69.53 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -156.3% | ||||
| Net Profit Margin | -208.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Durable Ispat & Alloys Private Limited, buy the company report.
Board of directors of Durable Ispat & Alloys Private Limited
Durable Ispat & Alloys has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramniwas Kanodia | Whole-Time Director | 31 Mar 2007 | 19 Years 7 Months | As last reported |
| Madhu Sureka | Director | 06 Sep 2007 | 19 Years 2 Months | As last reported |
Peer comparison
Durable Ispat & Alloys Private Limited is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| BCBW Arihant Commodeal Limited | ₹33.54 Lakh (FY 2022) | -30.0% | Kolkata, West Bengal, India | |||
| Durable Ispat & Alloys Private Limitedthis company | ₹33.34 Lakh (FY 2022) | -₹69.53 Lakh | -208.6% | -55.0% | 18 | Kolkata, West Bengal, India |
| Shree Shyam Tradehouse Private Limited | ₹33.14 Lakh (FY 2025) | 0.0% | Bhilwara, Rajasthan, India | |||
| Akshata Mercantile Private Limited | ₹33.11 Lakh (FY 2018) | -100.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Durable Ispat & Alloys Private Limited, buy the company report.
Auditor
Durable Ispat & Alloys Private Limited is audited by D R M S & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D R M S & ASSOCIATES | FY 2020 | 323853E |
Shareholding
The shareholding of Durable Ispat & Alloys Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Durable Ispat & Alloys Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Dec 2016 | 100083857 | Hdfc Bank Limited | ₹6 Lakh | Satisfied | |
| 07 Dec 2016 | 100069763 | Hdfc Bank Limited | ₹9.2 Lakh | Satisfied |
To see the full charge records of Durable Ispat & Alloys Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Durable Ispat & Alloys Private Limited has 22 court cases on record: 20 filed by Durable Ispat & Alloys, 2 filed against it. 4 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 1 | 4 |
| High courts | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Rangareddy, Telangana | Court case (STC-NI) | Filed by the company against Stallion Telecom Pvt Ltd Rep by K.Ramachandran and 1 other | Pending |
| District court, Chennai, Tamil Nadu | Criminal complaint | Filed by the company against Sathya Industrial Components Pvt Ltd Rep by Kuppan Purushothaman | Pending |
| District court, Medchal Malkajgiri, Telangana | Cheque dishonour complaint | Filed by the company against M/S. Stallion Telecom Pvt Ltd, Rep by K.Ramachandran | Disposed |
| District court, Rangareddy, Telangana | Cheque dishonour complaint | Filed by the company against Stallion Telecom Pvt Ltd Rep by K.Ramachandran | Disposed |
| High Court, TELANGANA | Court case (CRLP) | Filed against the company by M/S Stallion Telecom Pvt.Ltd., | Disposed |
To see the full case history of Durable Ispat & Alloys 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 Durable Ispat & Alloys Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Durable Ispat & Alloys Private Limited has a workforce of 18 employees on its EPFO records as of Feb 2019, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2018-19 | 18 |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Durable Ispat & Alloys Private Limited, buy the company report.
GST
Durable Ispat & Alloys has 7 GST registrations: 2 active and 5 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAICS6279A2Z3 | West Bengal | Active | 21 Mar 2018 |
| 27AAICS6279A1Z7 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Durable Ispat & Alloys Private Limited, buy the company report.
Recent activity
Durable Ispat & Alloys Private Limited has 5 board changes on record since 2007: 2 appointments and 3 cessations. The latest: Ramniwas Kanodia ceased to be Director on 01 Apr 2016.
News
Frequently asked questions
Durable Ispat & Alloys has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Durable Ispat & Alloys was a private limited company based in Kolkata, West Bengal, India. The company worked in metal retail and distribution, within the metals and minerals industry. It was incorporated on 05 November 2004 and is registered under CIN U51909WB2004PTC100332. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Durable Ispat & Alloys was incorporated on 05 November 2004. It is registered with the Registrar of Companies, Kolkata.
Durable Ispat & Alloys had 2 directors:
- Ramniwas Kanodia - Whole-Time Director
- Madhu Sureka - Director
The CIN (Corporate Identification Number) of Durable Ispat & Alloys is U51909WB2004PTC100332. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Durable Ispat & Alloys is at 7 C R Avenue Laha Paint House, Kolkata, West Bengal, India – 700072.
Durable Ispat & Alloys can be reached through the website beekaysteel.com. Its registered office is in Kolkata, West Bengal, India.
The latest financial statements of Durable Ispat & Alloys on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 December 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Durable Ispat & Alloys is 19AAICS6279A2Z3, registered in West Bengal. The company has 7 GST registrations in all, of which 2 are active and 5 are cancelled or inactive. Other active GSTINs include 27AAICS6279A1Z7 (Maharashtra).
Durable Ispat & Alloys operated in the metals and minerals industry, in the metal retail and distribution segment.
The peers of Durable Ispat & Alloys by revenue are BCBW Arihant Commodeal Limited, Shree Shyam Tradehouse Private Limited, Akshata Mercantile Private Limited, all in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading).
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