Goa Ispat Private Limited - metals and minerals in Madkaim, Goa, India. FY 2026 financials & compliance.
CIN U35923GA1997PTC015722 Incorporated 09 June 1997 ROC Goa HQ Madkaim, Goa, India
Active Private Limited Company metals and minerals MSME · Medium
Data last updated
Revenue · FY 2025
₹262.94 Cr
▼ 10% YoY
Net profit · FY 2025
₹2.28 Cr
Net margin 0.9%
EBITDA · FY 2025
₹9.65 Cr
EBITDA margin 3.7%
Authorised capital
₹5.5 Cr
Registered with MCA
Paid-up capital
₹5.11 Cr
Issued & subscribed
Open charges
₹78.21 Cr
Satisfied ₹83.66 Cr
Company age
29 yrs
Est. 1997
Employees · EPFO
14
Provident fund records

About Goa Ispat Private Limited

Data last updated:

Goa Ispat Private Limited is a private limited company based in Madkaim, Goa, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 09 June 1997 and has been in existence for over 29 years.

The company is registered with the Registrar of Companies (ROC), Goa, under CIN U35923GA1997PTC015722. Its GSTIN is 30AAACG6497L1ZD (Goa). The company holds 3 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹5.5 Cr and a paid-up capital of ₹5.11 Cr. It was formerly known as Goa Ispat Limited. It is led by directors including Sanjeev Kumar Mathiyan (Whole-Time Director) and Akash Singhal.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at E – 6 Madkaim Ind. Estate, Goa, India – 403404.

As per the financials filed for FY 2025, the company reported a revenue of ₹262.94 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹2.28 Cr (net margin 0.9%) and EBITDA of ₹9.65 Cr (EBITDA margin 3.7%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 3% over five years.

The company has about 14 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹78.21 Cr and satisfied charges of ₹83.66 Cr on record. Court records list 34 cases involving the company, including 19 filed by the company and 15 filed against it; 6 cases are pending.

Goa Ispat Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GA-02-0002845). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website goaispat.com.

Company details

CIN U35923GA1997PTC015722
Registration Number 015722
Incorporation Date 09 June 1997
ROC Goa
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GA-02-0002845

CIN history

Goa Ispat has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U35923GA1997PTC015722, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U35923GA1997PTC015722Current
U35923DL1997PTC087812Previous
U35923DL1997PLC087812Previous

Recognitions & Rankings of Goa Ispat

MSME (Udyam registered) Ministry of MSME
Category
Medium (2023-24)
Udyam number
UDYAM-GA-02-0002845

Contact details

Goa Ispat Private Limited's registered office is in Madkaim, Goa. Its website is goaispat.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    E – 6 Madkaim Ind. Estate, Goa, India – 403404
  • Industry
    Metals and Minerals, Steel Manufacturing & Processing

To see the full contact details of Goa Ispat Private Limited, buy the company report.

Comprehensive company report
Goa Ispat Private Limited - one report that includes everything
  • 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
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Business activity

The main business activities of Goa Ispat are manufacturing and wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers manufacture of basic metals and wholesale trade, except of motor vehicles and motorcycles. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing24Manufacture of basic metals
GWholesale and retail trade; repair of motor vehicles and motorcycles46Wholesale trade, except of motor vehicles and motorcycles

To see the full business activity and turnover split of Goa Ispat Private Limited, buy the company report.

Financials of Goa Ispat Private Limited

FY 2025 filings available

Goa Ispat Private Limited reported revenue of ₹262.94 Cr (down 10% YoY) for FY 2025.

Revenue · FY 2025
₹262.94 Cr ▼ 10%
Net profit · FY 2025
₹2.28 Cr margin 0.9%
EBITDA · FY 2025
₹9.65 Cr margin 3.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 10%
3 years · compounded
▲ 4%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 17%
5 years · compounded
▲ 22%

Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA rose 3% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹9.65 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.28 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin3.7%
Net Profit Margin0.9%
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 Goa Ispat Private Limited, buy the company report.

Board of directors of Goa Ispat Private Limited

Goa Ispat has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Akash SinghalDirector11 Mar 20206 Years 7 MonthsCurrent
Surender Kumar GoelDirector23 Sep 201511 Years 1 MonthsCurrent
Sanjeev Kumar MathiyanWhole-Time Director01 Apr 201313 Years 6 MonthsCurrent

Auditor

Goa Ispat Private Limited is audited by A JAIN AGARWAL & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
A JAIN AGARWAL & CO.FY 2023013330C

Shareholding

The shareholding of Goa Ispat Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Goa Ispat Private Limited, buy the company report.

Charges & borrowings

Open charges
₹78.21 Cr
Satisfied charges
₹83.66 Cr
Breakdown by lending institutions
Others₹75.48 Cr
Hdfc Bank Limited₹2.73 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
23 Mar 2023100730765Hdfc Bank Limited₹36.45 LakhOpen
14 Oct 2022100629855Others₹8.89 LakhOpen
13 Sep 2022100611869Others₹13 LakhOpen
29 Mar 2022100562114Others₹7.13 CrOpen
08 Feb 2022100547929Others₹68.13 CrOpen

To see the full charge records of Goa Ispat Private Limited, buy the company report.

Total charge records: 16 View all charges

Credit ratings & regulatory alerts

Goa Ispat Private Limited was last rated by Icra on 23 Sep 2021.

Rating agencyRated onRating
Icra23 Sep 2021

To see the full credit ratings and regulatory alerts of Goa Ispat Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Goa Ispat Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Goa Ispat Private Limited has a workforce of 14 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.

Employee count
14
Active EPFO establishments
1
Employee growth
-64.1%

GST

Goa Ispat has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
30AAACG6497L1ZDGoaActive01 Jul 2017
30AAACG6497L1DMGoaActive05 Nov 2024

To see the full GST registrations and return filing status of Goa Ispat Private Limited, buy the company report.

Recent activity

Goa Ispat Private Limited has 5 board changes on record since 2013: 3 appointments and 2 cessations. The latest: Shubhankar Goel ceased to be Director on 01 Nov 2024.

Charges
A charge with Others of Rs. 68.13 Cr registered on 08 Feb 2022 with Charge ID 100547929 was modified on 07 Nov 2025.
AGM
Goa Ispat Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Goa Ispat Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Goa.
Ceased
Shubhankar Goel ceased to be Director.
Ceased
Harshvardhan Shravan Sing Mittal ceased to be Whole-Time Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.36 Cr with Charge ID 100730765 was registered on 23 Mar 2023.
Charges
A charge with Others amounted to Rs. 0.09 Cr with Charge ID 100629855 was registered on 14 Oct 2022.
Charges
A charge with Others amounted to Rs. 0.13 Cr with Charge ID 100611869 was registered on 13 Sep 2022.
Charges
A charge registered on 13 Jan 2021 via Charge ID 100433376 with Hdfc Bank Limited was fully satisfied on 19 Apr 2022.
Charges
A charge with Others amounted to Rs. 7.13 Cr with Charge ID 100562114 was registered on 29 Mar 2022.
Charges
A charge with Others amounted to Rs. 68.13 Cr with Charge ID 100547929 was registered on 08 Feb 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100497965 was registered on 18 Oct 2021.

26 earlier events are in the company report.

Frequently asked questions

Goa Ispat is an active private limited company based in Madkaim, Goa, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 09 June 1997 (29+ years old) and is registered under CIN U35923GA1997PTC015722.

Goa Ispat has 3 current directors:

The latest financial statements of Goa Ispat on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Goa Ispat is 30AAACG6497L1ZD, registered in Goa. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 30AAACG6497L1DM (Goa).

The CIN (Corporate Identification Number) of Goa Ispat is U35923GA1997PTC015722. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Goa Ispat has 34 court cases on record: 19 filed by the company and 15 filed against it. 6 are pending. Most are in the high courts.

Goa Ispat was incorporated on 09 June 1997, making it 29+ years old. It is registered with the Registrar of Companies, Goa.

Shubhankar Goel ceased to be Director on 01 Nov 2024. Harshvardhan Shravan Sing Mittal ceased to be Whole-Time Director on 26 Apr 2024. Akash Singhal was appointed as Director on 11 Mar 2020. Goa Ispat has 5 board changes on record in total.

Yes, Goa Ispat is registered as a medium enterprise under Udyam registration (number: UDYAM-GA-02-0002845).

Goa Ispat can be reached through the website goaispat.com. Its registered office is in Madkaim, Goa, India.