- Category
- Medium (2023-24)
- Udyam number
- UDYAM-GA-02-0002845

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 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.
| CIN | Status |
|---|---|
| U35923GA1997PTC015722 | Current |
| U35923DL1997PTC087812 | Previous |
| U35923DL1997PLC087812 | Previous |
Recognitions & Rankings of Goa Ispat
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
- Website
- Registered AddressE – 6 Madkaim Ind. Estate, Goa, India – 403404
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Goa Ispat 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 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 code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 24 | Manufacture of basic metals | |
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale 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 availableGoa Ispat Private Limited reported revenue of ₹262.94 Cr (down 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹9.65 Cr | ||||
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| Net Profit (PAT) | ₹2.28 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.7% | ||||
| Net Profit Margin | 0.9% | ||||
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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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akash Singhal Also directs: Haryana Rice Mills Private Limited | Director | 11 Mar 2020 | 6 Years 7 Months | Current |
| Surender Kumar Goel Also directs: Amba Iron and Steel Co. Limited TFR. From U.P. to Delhi, Sidharth Luminairs Private Limited, Amba Infrastructure Limited and 1 more | Director | 23 Sep 2015 | 11 Years 1 Months | Current |
| Sanjeev Kumar Mathiyan | Whole-Time Director | 01 Apr 2013 | 13 Years 6 Months | Current |
Auditor
Goa Ispat Private Limited is audited by A JAIN AGARWAL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A JAIN AGARWAL & CO. | FY 2023 | 013330C |
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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 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
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Mar 2023 | 100730765 | Hdfc Bank Limited | ₹36.45 Lakh | Open | |
| 14 Oct 2022 | 100629855 | Others | ₹8.89 Lakh | Open | |
| 13 Sep 2022 | 100611869 | Others | ₹13 Lakh | Open | |
| 29 Mar 2022 | 100562114 | Others | ₹7.13 Cr | Open | |
| 08 Feb 2022 | 100547929 | Others | ₹68.13 Cr | Open |
To see the full charge records of Goa Ispat Private Limited, buy the company report.
Total charge records: 16 View all charges
Legal cases
Goa Ispat Private Limited has 34 court cases on record: 19 filed by Goa Ispat, 15 filed against it. 6 cases are pending and 28 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 17 | 3 | 3 |
| District courts | 16 | 11 | 3 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 34)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North Goa, Goa | Court case (SCS) | Filed by the company against M/S. Delcon Engineering Pvt. Ltd. | Pending |
| District court, North Goa, Goa | Court case (SCS) | Filed by the company against Ms GVPR Engineers Ltd | Disposed |
| District court, North Goa, Goa | Appeal | Filed against the company by an individual | Pending |
| High Court, GOA | Court case (MCA) | Filed by the company against State Government of Goa Through Its Chief Secretary and 2 Ors and 2 others | Pending |
| District court, North Goa, Goa | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Goa Ispat 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.
Credit ratings & regulatory alerts
Goa Ispat Private Limited was last rated by Icra on 23 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 23 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.
GST
Goa Ispat has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AAACG6497L1ZD | Goa | Active | 01 Jul 2017 |
| 30AAACG6497L1DM | Goa | Active | 05 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.
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:
- Sanjeev Kumar Mathiyan - Whole-Time Director
- Akash Singhal - Director
- Surender Kumar Goel - Director
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.