About Friends Ispat Limited
Data last updated: 08 January 2026
Friends Ispat Limited is a public limited company based in Ahmedabad, Gujarat, India. It specialises in metal manufacturing and processing, a part of the broader metals and mining sector. Incorporated on 22 December 1997, the company has been in operation for over 29 years.
Registered with ROC Ahmedabad under CIN U27100DL1997PTC091279.
Capital: an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹1.06 Cr. Formerly known as Friends Ispat Private Limited and Friends Limited. It is led by directors including Ankit Devendrakumar Goyal and Misha Naveen Jain.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹48.22 Cr, a decline of 16% compared to the previous year.
The company has a workforce of approximately 23 employees as per the latest available data.
As per MCA filings, the company has open charges of ₹4.4 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website friendssteel.co.in.
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Registered AddressPlot No. – 1502 – 1503 Nr. Darpan Ispat Kerala Gidc Taluka – B, Avla, Ahmedabad, Gujarat, India – 382220
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IndustryMetals and Minerals, Metal 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
Name History of Friends Ispat Limited
Friends Ispat Limited has undergone 3 name changes throughout its history. The company was previously known as Friends Ispat Private Limited, Friends Limited, and Friends Ispat Udyog Private Limited. The current legal name is Friends Ispat Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Friends Ispat Limited | Current |
| Friends Ispat Private Limited | Previous |
| Friends Limited | Previous |
| Friends Ispat Udyog Private Limited | Previous |
CIN History of Friends Ispat Limited
Friends Ispat Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U27100GJ1997PLC107731, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27100GJ1997PLC107731 | Current |
| U27100DL1997PTC091279 | Previous |
| U27100DL1997PLC091279 | Previous |
Business Activity of Friends Ispat Limited
Friends Ispat Limited is engaged in the principal business activity of manufacturing, with detailed activities including metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details for Friends Ispat Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
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Board of Directors of Friends Ispat Limited
Friends Ispat Limited is currently managed by 3 directors, with 3 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 |
|---|---|---|---|---|
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Ankit Devendrakumar Goyal
Also directs:
Nkg Infrastructure Limited, Darpan Ispat Private Limited
|
Director | 16 Dec 2010 | 15 Years 8 Months | Current |
| Misha Naveen Jain | Director | 26 Aug 2016 | 10 Years 0 Months | Current |
|
Devendra Kumar Goyal
Also directs:
Aashiana Rolling Mills Limited
|
Director | 01 Aug 1998 | 28 Years 0 Months | Current |
Financials of Friends Ispat Limited FY 2025 filings available
Friends Ispat Limited reported revenue of ₹48.22 Cr (down 16.00% YoY) for FY 2024.
Ten-year financial statements for Friends Ispat Limited
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Charges & Borrowings of Friends Ispat Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Jun 2022 | Others | ₹1.4 Cr | Open |
| 27 May 2000 | Canara Bank | ₹3 Cr | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Friends Ispat Limited
View historical data on people associated with Friends Ispat Limited, including employment history and EPFO contributions.
Employee and EPFO history for Friends Ispat Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Friends Ispat Limited
GST registrations and filing compliance for Friends Ispat Limited
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Credit Ratings, Litigation & Regulatory Alerts for Friends Ispat Limited
Credit ratings, litigation, and regulatory alerts for Friends Ispat Limited
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MSME Payment Delays by Friends Ispat Limited
MSME payment history for Friends Ispat Limited
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Subsidiaries & Group Companies of Friends Ispat Limited
Corporate group structure for Friends Ispat Limited
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MCA Filings & Documents of Friends Ispat Limited
MCA filings and documents for Friends Ispat Limited
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- Annual returns and statements
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Recent Activity on Friends Ispat Limited
Frequently Asked Questions about Friends Ispat Limited
Friends Ispat Limited is an active public limited company in the metals and minerals sector based in Ahmedabad, Gujarat, India. It was incorporated on 22 December 1997 (29+ years old) and is registered under CIN U27100GJ1997PLC107731. The company has 23 employees.
Friends Ispat Limited reported revenue of ₹48.22 Cr for FY 2024 (down 16.00% YoY).
The current directors of Friends Ispat Limited are:
- Ankit Devendrakumar Goyal - Director
- Misha Naveen Jain - Director
- Devendra Kumar Goyal - Director
The primary industry of Friends Ispat Limited is metals and minerals. The company specifically operates in metal manufacturing and processing. The company is currently active in this sector.
Friends Ispat Limited can be reached at the registered office: Plot No. – 1502 – 1503 Nr. Darpan Ispat Kerala Gidc Taluka – B, Avla, Ahmedabad, Gujarat, India – 382220, or through the website friendssteel.co.in.
The authorised capital is ₹1.1 Cr, and the paid-up capital is ₹1.06 Cr.