H P Ispat Private Limited
About H P Ispat Private Limited
Data last updated:
H P Ispat Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 11 November 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U93000WB2004PTC100392. Its GSTIN is 19AABCH6183K1Z6 (West Bengal). The company holds 7 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹5.84 Cr. It is led by directors Mahesh Kumar Kandoi and Kallol Das.
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 1 R N Mukherjee Road 2nd Floor Room No. 210, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2023, the company reported a revenue of ₹859.41 Cr, a growth of 65% compared to the previous year. For the same year it recorded a net profit of ₹8.32 Cr (net margin 1%) and EBITDA of ₹9.72 Cr (EBITDA margin 1.1%). Revenue has grown at a compounded annual rate (CAGR) of 86% over three years and 49% over five years.
The company has about 102 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹105.97 Cr and satisfied charges of ₹59.41 Cr on record. Court records list 141 cases involving the company, including 132 filed by the company and 9 filed against it; 92 cases are pending. The company has 11 deals on record (7 secondary share transfers, 4 funding rounds), with disclosed funding of ₹20.02 Cr; the latest was in March 2024.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
H P Ispat has one previous CIN (Corporate Identification Number): U27109WB2004PTC100392. The current CIN is U93000WB2004PTC100392, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U93000WB2004PTC100392 | Current |
| U27109WB2004PTC100392 | Previous |
Contact details
H P Ispat Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1 R N Mukherjee Road 2nd Floor Room No. 210, Kolkata, West Bengal, India – 700001
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of H P 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
Financials of H P Ispat Private Limited
FY 2025 filings availableH P Ispat Private Limited reported revenue of ₹859.41 Cr (up 65% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 49% over five years, including 65% growth in the latest year. EBITDA fell 14% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹859.41 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹9.72 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.32 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.1% | ||||
| Net Profit Margin | 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 H P Ispat Private Limited, buy the company report.
Board of directors of H P Ispat Private Limited
H P Ispat has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Kumar Kandoi | Director | 29 Mar 2014 | 12 Years 7 Months | Current |
| Kallol Das Also directs: Chandika Distributors Private Limited., Novelty Commosales Private Limited, Kandoi Infra Private Limited and 1 more | Director | 23 Jun 2023 | 3 Years 4 Months | Current |
Auditor
H P Ispat Private Limited is audited by AGARWAL GUPTA NOKARI & RUSTAGI ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGARWAL GUPTA NOKARI & RUSTAGI ASSOCIATES | FY 2023 | 310041E |
Shareholding
The shareholding of H P 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 H P Ispat Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 2024 | 100910721 | Axis Bank Limited | ₹18.75 Lakh | Open | |
| 20 Mar 2024 | 100883812 | Others | ₹30 Cr | Open | |
| 01 Mar 2024 | 100877911 | Others | ₹30 Cr | Open | |
| 16 Dec 2023 | 100900185 | Hdfc Bank Limited | ₹9.11 Lakh | Open | |
| 05 Dec 2022 | 100723543 | Hdfc Bank Limited | ₹26.9 Lakh | Open |
To see the full charge records of H P Ispat Private Limited, buy the company report.
Total charge records: 14 View all charges
Deals & funding
H P Ispat Private Limited has 11 deals on record (7 secondary share transfers, 4 funding rounds), with disclosed funding of ₹20.02 Cr; the latest was in March 2024.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: Kandoi Alloys & Ispat Private Limited Seller: 2 individuals |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Expandable Enterprises Private Limited , Alishan Steel Private Limited Seller: Novelty Commosales Private Limited , Kandoi Alloys & Ispat Private Limited , MK Kandoi & Sons (HUF), an individual |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Novelty Commosales Private Limited , 3 individuals Seller: Alishan Steel Private Limited, Expandable Enterprises Private Limited , an individual |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: MK Kandoi & Sons (HUF), Alishan Steel Private Limited, 2 individuals Seller: Variety Retails Private Limited , Krishan Kr Sailesh Kr Huf, Krishan Cotton Spinning Private Limited , an individual |
| Mar 2014 | Funding round | ₹3.28 Cr | Investors: Expandable Enterprises Private Limited , Alishan Steel Private Limited, 2 individuals |
To see the full deal history of H P Ispat Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
H P Ispat Private Limited has 141 court cases on record: 132 filed by H P Ispat, 9 filed against it. 92 cases are pending and 49 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 88 | 4 | 71 |
| High courts | 49 | 5 | 20 |
| Supreme Court | 4 | 0 | 1 |
Cases on record (5 of 141)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (OMP (ENF.) (COMM.)) | Filed against the company by M/S Antritech Pvt Ltd | Pending |
| Supreme Court | Court case | Filed by the company against Damodar Valley Corporation | Pending |
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed against the company by M/S Antritech Private Limited | Disposed |
| Supreme Court | Interim or miscellaneous application | Filed by the company against Damodar Valley Corporation | Disposed |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed by the company against Damodar Valley Corporation | Disposed |
To see the full case history of H P 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for H P Ispat Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
H P Ispat Private Limited has a workforce of 102 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
H P Ispat has 7 GST registrations: 6 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCH6183K1Z6 | West Bengal | Active | 01 Jul 2017 |
| 19AABCH6183K1DF | West Bengal | Active | 11 Nov 2024 |
| 21AABCH6183K1ZL | Odisha | Active | 08 Jan 2024 |
| 36AABCH6183K1ZA | Telangana | Active | 07 Jan 2025 |
To see the full GST registrations and return filing status of H P Ispat Private Limited, buy the company report.
Recent activity
H P Ispat Private Limited has 4 board changes on record since 2014: 2 appointments and 2 cessations. The latest: Kallol Das ceased to be Additional Director on 29 Sep 2023.
17 earlier events are in the company report.
Frequently asked questions
H P Ispat is an active private limited company based in Kolkata, West Bengal, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 11 November 2004 (22+ years old) and is registered under CIN U93000WB2004PTC100392.
H P Ispat has 2 current directors:
- Mahesh Kumar Kandoi - Director
- Kallol Das - Director
The latest financial statements of H P 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 H P Ispat is 19AABCH6183K1Z6, registered in West Bengal. The company has 7 GST registrations in all, of which 6 are active and 1 is cancelled or inactive. Other active GSTINs include 19AABCH6183K1DF (West Bengal), 21AABCH6183K1ZL (Odisha), 36AABCH6183K1ZA (Telangana).
The CIN (Corporate Identification Number) of H P Ispat is U93000WB2004PTC100392. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
H P Ispat has 141 court cases on record: 132 filed by the company and 9 filed against it. 92 are pending. Most are in the district courts.
H P Ispat was incorporated on 11 November 2004, making it 22+ years old. It is registered with the Registrar of Companies, Kolkata.
H P Ispat has 11 deals on record (7 secondary share transfers, 4 funding rounds), with disclosed funding of ₹20.02 Cr; the latest was in March 2024.
Kallol Das ceased to be Additional Director on 29 Sep 2023. Subhas Das ceased to be Director on 22 Sep 2023. Kallol Das was appointed as Director on 23 Jun 2023. H P Ispat has 4 board changes on record in total.
The registered office of H P Ispat is at 1 R N Mukherjee Road 2nd Floor Room No. 210, Kolkata, West Bengal, India – 700001.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
