HMB Ispat Private Limited
About HMB Ispat Private Limited
Data last updated:
HMB 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 23 June 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U27109WB2005PTC103895. Its GSTIN is 19AACCB6516F1ZT (West Bengal). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹11 Cr and a paid-up capital of ₹1.33 Cr. It was formerly known as Brgd Ingot Private Limited. It is led by directors including Madhav Beriwala (Managing Director) and Hari Mohan Beriwala.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Kolkata, West Bengal.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,180.98 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹23.72 Cr (net margin 2%) and EBITDA of ₹52.42 Cr (EBITDA margin 4.4%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 20% over five years.
The company has about 426 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Maantmt. As per MCA filings, the company has open charges of ₹412.34 Cr and satisfied charges of ₹126.82 Cr on record. Court records list 18 cases involving the company, including 14 filed by the company and 4 filed against it; 8 cases are pending. The company has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹6.1 Cr; the latest was in March 2025. Its 8 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 5 larger and 3 smaller; the largest is Mitc Rolling Mills Private Limited with revenue of ₹1,236.94 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
HMB 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 AddressGodrej Genesis Unit No – 1103 11th Plot No – XI – 9 10 13&14 Block – Ep&Gp Sect, Or – V, Kolkata, West Bengal, India – 700091
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of HMB 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
Brands
HMB Ispat operates one associated brand: Maantmt. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces TMT bars and steel for infrastructure development and manufacturing needs. | maantmt.com |
Business activity
The main business activities of HMB Ispat are manufacturing and trade. In detail, this covers metal and metal products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of HMB Ispat Private Limited, buy the company report.
Financials of HMB Ispat Private Limited
FY 2024 filings availableHMB Ispat Private Limited reported revenue of ₹1,180.98 Cr (up 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 22% growth in the latest year. EBITDA rose 104% 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 | ₹52.42 Cr | ||||
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| Net Profit (PAT) | ₹23.72 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 4.4% | ||||
| Net Profit Margin | 2% | ||||
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To see the full financial statements and ratios of HMB Ispat Private Limited, buy the company report.
Board of directors of HMB Ispat Private Limited
HMB Ispat has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhav Beriwala Also directs: HMB Steel Private Limited, HMB Ferrotech Private Limited, HMB Estate Private Limited and 1 more | Managing Director | 31 Mar 2021 | 5 Years 7 Months | Current |
| Hari Mohan Beriwala Also directs: HMB Steel Private Limited, HMB Ferrotech Private Limited, HMB Estate Private Limited and 2 more | Director | 31 Mar 2021 | 5 Years 7 Months | Current |
| Manju Beriwala Also directs: HMB Ferrotech Private Limited, HMB Properties Private Limited | Director | 08 Jan 2010 | 16 Years 9 Months | Current |
Peer comparison
HMB Ispat Private Limited is compared with the 8 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mitc Rolling Mills Private Limited | ₹1,236.94 Cr (FY 2025) | 27.0% | Nashik, Maharashtra, India | |||
| MSP Sponge Iron Limited | ₹1,227.82 Cr (FY 2025) | 0.0% | Kolkata, West Bengal, India | |||
| Salsan Steels Private Limited | ₹1,220.63 Cr (FY 2025) | -9.0% | New Delhi, Delhi, India | |||
| Amit Metaliks Limited | ₹1,215.18 Cr (FY 2025) | 32.0% | Durgapur, West Bengal, India | |||
| Sanyo Special Steel Manufacturing India Private Limited | ₹1,190.85 Cr (FY 2022) | 43.0% | Khalapur, Maharashtra, India | |||
| HMB Ispat Private Limitedthis company | ₹1,180.98 Cr (FY 2025) | ₹23.72 Cr | 2% | 22.0% | 426 | Kolkata, West Bengal, India |
| Prakash Ferrous Industries Private Limited | ₹1,152.53 Cr (FY 2025) | -13.0% | Andhra Pradesh, India | |||
| Gajkesari Steels and Alloys Private Limited | ₹1,149.18 Cr (FY 2025) | 9.0% | Jalna, Maharashtra, India | |||
| Chandra Hasni Ispat Private Limited | ₹1,130.27 Cr (FY 2025) | 6.0% | Raigarh, Chhattisgarh, India |
To see the full peer comparison of HMB Ispat Private Limited, buy the company report.
Auditor
HMB Ispat Private Limited is audited by AJIT KUMAR & CO for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AJIT KUMAR & CO | FY 2024 | 317110E |
Shareholding
The shareholding of HMB Ispat Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of HMB Ispat Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 May 2025 | 101145559 | Hdfc Bank Limited | ₹1.2 Cr | Open | |
| 10 Jul 2023 | 100752380 | Others | ₹60 Cr | Open | |
| 24 May 2023 | 100723775 | Hdfc Bank Limited | ₹40 Cr | Open | |
| 22 Oct 2022 | 100717876 | Hdfc Bank Limited | ₹55 Lakh | Open | |
| 22 Dec 2020 | 100408594 | Hdfc Bank Limited | ₹215.57 Cr | Open |
To see the full charge records of HMB Ispat Private Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
HMB Ispat Private Limited has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹6.1 Cr; the latest was in March 2025.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Hari Mohan Beriwala & Others Huf, an individual |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2010 | Secondary share transfer | Undisclosed | Buyer: Hari Mohan Beriwala & Others Huf, Swarnsathi Advisory Services Private Limited, 2 individuals Seller: Ambuj Vinimay Pvt Ltd , Vinayak Fincon Private Limited , 2 individuals |
| Sep 2009 | Secondary share transfer | Undisclosed | Buyer: Vinayak Fincon Private Limited , Mukund Vyapaar Private Limited , Ishana Traders Private Limited Seller: Specie Finance Private Limited , Kishan Chemicals & Fertiliser Private Limited, Shree Balarka Distributors Private Limited |
| Mar 2008 | Funding round | ₹1.85 Cr | Investors: H G Investment and Enterprises Pvt Ltd , Prajapati Marketing Pvt Ltd , Specie Finance Private Limited |
To see the full deal history of HMB 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
HMB Ispat Private Limited has 18 court cases on record: 14 filed by HMB Ispat, 4 filed against it. 8 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 2 | 4 |
| District courts | 5 | 1 | 4 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Court case (CO) | Filed against the company by Maithan Ispat Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Maithan Ispat Limited | Disposed |
| Supreme Court | Court case (1100-Arbitration Matters : SLPs challenging Arbitration Matters) | Filed against the company by M/S Jindal Rolling Mills Pvt. Ltd. Through Ayush Jindal Director (Previously Known As M/S Jindal Rolling Mills Ltd.) 92, 1St Floor Nambardar Estate, Taimoor Nagar, New Friends Colony ,New Delhi , Delhi and 1 other | Disposed |
| High Court, West Bengal | Arbitration matter | Filed by the company against M/S. Jindal Rolling Mills Limited and Ors. | Disposed |
| NCLT, Kolkata | Insolvency matter | Filed by the company against M/S. Mcnally Bharat Engineering Co. Limited | Disposed |
To see the full case history of HMB 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
HMB Ispat Private Limited was last rated by Indiarating on 11 Aug 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 11 Aug 2023 |
To see the full credit ratings and regulatory alerts of HMB Ispat Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for HMB Ispat Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
HMB Ispat Private Limited has a workforce of 426 employees on its EPFO records as of Oct 09, 2025, across 1 active EPFO establishment.
GST
HMB Ispat has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCB6516F1ZT | West Bengal | Active | 01 Jul 2017 |
| 19AACCB6516F1D2 | West Bengal | Active | 06 Nov 2024 |
| 21AACCB6516F1Z8 | Odisha | Active | 10 Mar 2025 |
To see the full GST registrations and return filing status of HMB Ispat Private Limited, buy the company report.
Recent activity
HMB Ispat Private Limited has 11 board changes on record since 2007: 3 appointments and 8 cessations. The latest: Hari Mohan Beriwala ceased to be Additional Director on 30 Nov 2021.
30 earlier events are in the company report.
Frequently asked questions
HMB 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 23 June 2005 (21+ years old) and is registered under CIN U27109WB2005PTC103895.
HMB Ispat has 3 current directors:
- Madhav Beriwala - Managing Director
- Hari Mohan Beriwala - Director
- Manju Beriwala - Director
The latest financial statements of HMB Ispat on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of HMB Ispat is 19AACCB6516F1ZT, registered in West Bengal. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 19AACCB6516F1D2 (West Bengal), 21AACCB6516F1Z8 (Odisha).
The CIN (Corporate Identification Number) of HMB Ispat is U27109WB2005PTC103895. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
HMB Ispat has 18 court cases on record: 14 filed by the company and 4 filed against it. 8 are pending. Most are in the high courts.
HMB Ispat was incorporated on 23 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Kolkata.
HMB Ispat has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹6.1 Cr; the latest was in March 2025.
The peers of HMB Ispat by revenue are Mitc Rolling Mills Private Limited, MSP Sponge Iron Limited, Salsan Steels Private Limited, Amit Metaliks Limited, Sanyo Special Steel Manufacturing India Private Limited and 3 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Hari Mohan Beriwala ceased to be Additional Director on 30 Nov 2021. Madhav Beriwala ceased to be Additional Director on 30 Nov 2021. Subhash Chand Gupta ceased to be Director on 16 Apr 2021. HMB Ispat has 11 board changes on record in total.
The registered office of HMB Ispat is at Godrej Genesis Unit No – 1103 11th Plot No – XI – 9 10 13&14 Block – Ep&Gp Sect, Or – V, Kolkata, West Bengal, India – 700091.
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