About Hans Ispat Limited
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Hans Ispat Limited is a public limited company based in Ahmedabad, Gujarat, India, a subsidiary of Electrotherm (India) Limited. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 12 November 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51109GJ1991PLC057955. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹37 Cr and a paid-up capital of ₹36.42 Cr. It was formerly known as Hans Ispat Private Limited. It is led by directors including Chaitanyapratap Harish Sharma and Lubna Walia.
Its last annual general meeting (AGM) was held on 09 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 1 Skylark Apartment Satellite Road Satellite, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2025, the company reported a revenue of ₹27.39 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹40.47 Cr (net margin 147.8%) and EBITDA of ₹40.47 Cr (EBITDA margin 147.8%). Revenue has declined at a compounded annual rate (CAGR) of 41% over five years.
The company has about 58 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹252.57 Cr and satisfied charges of ₹174.7 Cr on record. Court records list 100 cases involving the company, including 60 filed by the company and 40 filed against it; 7 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in May 2010. The company has 35 MSME Form 1 returns on record between 2016 and 2023, listing 396 overdue payments to 27 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website electrotherm.com.
Company details
CIN history
Hans Ispat has one previous CIN (Corporate Identification Number): U51109UP1991PLC013695. The current CIN is U51109GJ1991PLC057955, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51109GJ1991PLC057955 | Current |
| U51109UP1991PLC013695 | Previous |
Contact details
Hans Ispat Limited's registered office is in Ahmedabad, Gujarat. Its website is electrotherm.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA – 1 Skylark Apartment Satellite Road Satellite, Ahmedabad, Gujarat, India – 380015
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Hans Ispat 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 activity of Hans Ispat is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
Financials of Hans Ispat Limited
FY 2025 filings availableHans Ispat Limited reported revenue of ₹27.39 Cr (up 8266% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 41% over five years. 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 | ₹40.47 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹40.47 Cr | ||||
| Balance Sheet | |||||
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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 | 147.8% | ||||
| Net Profit Margin | 147.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Hans Ispat Limited, buy the company report.
Board of directors and KMP of Hans Ispat Limited
Hans Ispat Limited currently reports 4 directors and 1 key managerial person. 18 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chaitanyapratap Harish Sharma Also directs: Electrotherm Engineering & Projects Limited, Zulu Enterprise LLP, Bhaskarpara Coal Company Limited and 2 more | Director | 28 Mar 2015 | 11 Years 7 Months | Current |
| Lubna Walia Also directs: Shree Ram Electro Cast Limited, Electrotherm Services Limited | Director | 02 Mar 2020 | 6 Years 8 Months | Current |
| Gouranga Charan Rout | Director | 07 Jun 2021 | 5 Years 5 Months | Current |
| Shailesh Bhanwarlal Bhandari Also directs: Electrotherm (India) Limited, Jayshri Petro-Yarn Private Limited, Sun Silicon Solutions Private Limited and 5 more | Director | 01 Jun 2010 | 16 Years 5 Months | Current |
| Amit Patwarika | Cfo | 02 Mar 2020 | 6 Years 8 Months | Current |
Auditor
Hans Ispat Limited is audited by Ashok Bhogilal & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ashok Bhogilal & Co. | FY 2023 | 119508W |
Shareholding
The shareholding of Hans Ispat 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 Hans Ispat Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Aug 2012 | 10376392 | State Bank of India | ₹60.3 Cr | Open | |
| 05 Sep 2011 | 10306522 | State Bank of India | ₹12.25 Cr | Open | |
| 05 Sep 2011 | 10306625 | Invent Assets Securitisation and Reconstruction Private Limited | ₹90.01 Cr | Open | |
| 05 Sep 2011 | 10306617 | Invent Assets Securitisation and Reconstruction Private Limited | ₹90.01 Cr | Open | |
| 13 Sep 2010 | 10244002 | State Bank of India | ₹63.49 Cr | Satisfied |
To see the full charge records of Hans Ispat Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Hans Ispat Limited has 1 deal on record (1 acquisition); the latest was in May 2010.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2010 | Acquisition | ₹58.18 Cr | Buyer: Electrotherm (India) Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Hans Ispat Limited has 100 court cases on record: 60 filed by Hans Ispat, 40 filed against it. 7 cases are pending and 93 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 67 | 17 | 4 |
| High courts | 32 | 22 | 2 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 100)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Kemo Steel Industries Private Ltd. by Authorised Signatory Amit Sharma General Manager (Operation) and 3 others | Pending |
| High Court, GUJARAT | Special civil application | Filed against the company by Kemo Steel Industries Private Ltd. Through Autho. Sign. Dharmeshkumar Harishkumar Thakar (Director) | Pending |
| Supreme Court | Court case (2809-Mercantile Laws, Commercial Transactions Including Banking : Matters relating to recovery of debts/bank loans due under the banks and financial institutions) | Filed against the company by Invent Assets Securitisation and Reconstruction Pvt. Ltd. 107, 10 Th Floor, Jolly Maker Chamber No. II, 225, Nariman Point, ,Mumbai , Maharashtra | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Jupiter Businesses Ltd | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by Invent Assets Securitisation and Reconstruction Private Limited | Disposed |
To see the full case history of Hans Ispat 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
Hans Ispat Limited has 35 MSME Form 1 returns on record between 2016 and 2023, listing 396 overdue payments to 27 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 27)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| H & K Rolling Mill Engineers Private Limited | |||
| Shreeji Carbonic Gases | |||
| an individual supplier | |||
| an individual supplier | |||
| Harjivandas Hathibhai Patel |
To see the full MSME payment records of Hans Ispat Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Hans Ispat Limited has a workforce of 58 employees on its EPFO records as of Apr 2022, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2022-23 | 58 |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Hans Ispat Limited, buy the company report.
GST
Hans Ispat has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Hans Ispat Limited, buy the company report.
Recent activity
Hans Ispat Limited has 35 board changes on record since 1991: 20 appointments and 15 cessations. The latest: Gouranga Charan Rout was appointed as Director on 07 Jun 2021.
46 earlier events are in the company report.
Frequently asked questions
Hans Ispat is an active public limited company based in Ahmedabad, Gujarat, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 12 November 1991 (35+ years old) and is registered under CIN U51109GJ1991PLC057955.
Hans Ispat has 5 current directors and KMP:
- Chaitanyapratap Harish Sharma - Director
- Lubna Walia - Director
- Gouranga Charan Rout - Director
- Shailesh Bhanwarlal Bhandari - Director
- Amit Patwarika - Cfo
The latest financial statements of Hans Ispat on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 09 September 2025. Year-wise statements from 2015 are in the company report.
No. Hans Ispat has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Hans Ispat is U51109GJ1991PLC057955. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hans Ispat has 100 court cases on record: 60 filed by the company and 40 filed against it. 7 are pending. Most are in the district courts.
Hans Ispat was incorporated on 12 November 1991, making it 35+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Hans Ispat has 1 deal on record (1 acquisition); the latest was in May 2010.
Gouranga Charan Rout was appointed as Director on 07 Jun 2021. Ravindra Mundrika Singh ceased to be Manager on 28 Nov 2020. Amit Patwarika was appointed as CFO on 02 Mar 2020. Hans Ispat has 35 board changes on record in total.
Hans Ispat has 35 MSME Form 1 returns on record between 2016 and 2023, listing 396 overdue payments to 27 micro and small suppliers. The latest return was filed on 04 Feb 2024.
Hans Ispat can be reached through the website electrotherm.com. Its registered office is in Ahmedabad, Gujarat, India.
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