MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-05-0003467
Hothur Ispat Private Limited - metals and minerals in Bellary, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹144.12 Cr
▲ 119% YoY
Net profit · FY 2024
₹1.4 Cr
Net margin 1%
EBITDA · FY 2024
₹7.08 Cr
EBITDA margin 4.9%
Authorised capital
₹127 Cr
Registered with MCA
Paid-up capital
₹127 Cr
Issued & subscribed
Open charges
₹5.49 Cr
Satisfied ₹120.47 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
94
Provident fund records
About Hothur Ispat Private Limited
Data last updated:
Hothur Ispat Private Limited is a private limited company based in Bellary, Karnataka, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 15 September 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U28123KA2004PTC034689. Its GSTIN is 29AABCH4679J1Z2 (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹127 Cr and a paid-up capital of ₹127 Cr. It was formerly known as Hothur Iron & Steel Private Limited and Hothur Iron and Steel Private Limited. It is led by directors including Iqbal Hothur (Managing Director) and Zahaan Mohamad Iqbal.
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 Sy.No.283/283A Hothur Estates NH – 63 Hospet Road Veniveerapur Village, Bellary, Karnataka, India – 583115.
As per the financials filed for FY 2024, the company reported a revenue of ₹144.12 Cr, a growth of 119% compared to the previous year. For the same year it recorded a net profit of ₹1.4 Cr (net margin 1%) and EBITDA of ₹7.08 Cr (EBITDA margin 4.9%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 3% over five years.
The company has about 94 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5.49 Cr and satisfied charges of ₹120.47 Cr on record. Court records list 12 cases involving the company, including 7 filed by the company and 5 filed against it; 8 cases are pending. The company has 8 deals on record (4 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹45 Cr; the latest was in March 2024.
Hothur Ispat Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-05-0003467). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hothurindia.com.
Company details
CIN U28123KA2004PTC034689
Registration Number 034689
Incorporation Date 15 September 2004
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-05-0003467
Name history
Hothur Ispat has undergone 2 name changes throughout its history. The company was previously known as Hothur Iron & Steel Private Limited, and Hothur Iron And Steel Private Limited. The current legal name is Hothur Ispat Private Limited.
| Company Name | Status |
|---|---|
| Hothur Ispat Private Limited | Current |
| Hothur Iron & Steel Private Limited | Previous |
| Hothur Iron And Steel Private Limited | Previous |
Recognitions & Rankings of Hothur Ispat
Contact details
Hothur Ispat Private Limited's registered office is in Bellary, Karnataka. Its website is hothurindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSy.No.283/283A Hothur Estates NH – 63 Hospet Road Veniveerapur Village, Bellary, Karnataka, India – 583115
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Hothur Ispat Private Limited, buy the company report.
Comprehensive company report
Hothur 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 activity of Hothur Ispat is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Hothur Ispat Private Limited, buy the company report.
Financials of Hothur Ispat Private Limited
FY 2024 filings availableHothur Ispat Private Limited reported revenue of ₹144.12 Cr (up 119% YoY) for FY 2024.
Revenue · FY 2024
₹144.12 Cr ▲ 119%
Net profit · FY 2024
₹1.4 Cr margin 1%
EBITDA · FY 2024
₹7.08 Cr margin 4.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 119%
3 years · compounded
▼ 2%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▲ 12%
3 years · compounded
▼ 10%
Revenue rose 119% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 12% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹7.08 Cr | ||||
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| Net Profit (PAT) | ₹1.4 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 4.9% | ||||
| Net Profit Margin | 1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Hothur Ispat Private Limited, buy the company report.
Board of directors of Hothur Ispat Private Limited
Hothur Ispat has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Zahaan Mohamad Iqbal | Director | 01 Aug 2016 | 10 Years 2 Months | Current |
| Iqbal Hothur Also directs: Hmi Projects Private Limited, Grand Infrastructure Private Limited, Trident Mining Co Private Limited and 1 more | Managing Director | 15 Sep 2004 | 22 Years 1 Months | Current |
| Nadirra Aleem Also directs: Hmi Projects Private Limited, Grand Infrastructure Private Limited | Director | 15 Sep 2004 | 22 Years 1 Months | Current |
| Sharmeen Iqbal Also directs: Grand Infrastructure Private Limited | Director | 20 Aug 2015 | 11 Years 2 Months | Current |
| Zarah Iqbal Also directs: Grand Infrastructure Private Limited | Director | 20 Aug 2015 | 11 Years 2 Months | Current |
Auditor
Hothur Ispat Private Limited is audited by VEERA PRABHAKAR & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VEERA PRABHAKAR & CO. | FY 2023 | 012653S |
Shareholding
The shareholding of Hothur 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hothur Ispat Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5.49 Cr
Satisfied charges
₹120.47 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Oct 2024 | 101009513 | Axis Bank Limited | ₹5 Cr | Open | |
| 17 Jul 2019 | 100287557 | Axis Bank Limited | ₹48.55 Lakh | Open | |
| 30 Nov 2018 | 100245568 | State Bank of India | ₹51.27 Cr | Satisfied | |
| 02 May 2005 | 90194613 | State Bank of India | ₹69.2 Cr | Satisfied |
To see the full charge records of Hothur Ispat Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Hothur Ispat Private Limited has 8 deals on record (4 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹45 Cr; the latest was in March 2024.
Total deals
8
Funding rounds
4
Rights issues
2
Secondary share transfers
2
Disclosed funding
₹45 Cr
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jul 2021 | Funding round | ₹10 Cr | Investors: an individual |
| Mar 2019 | Rights issue | ₹35 Cr | Investors: an individual |
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2016 | Rights issue | ₹37 Cr | Investors: 4 individuals |
To see the full deal history of Hothur 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
Hothur Ispat Private Limited has 12 court cases on record: 7 filed by Hothur Ispat, 5 filed against it. 8 cases are pending and 4 are disposed.
Total cases
12
Filed by the company
7
Filed against the company
5
Pending
8
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 5 | 6 |
| High courts | 4 | 0 | 2 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BALLARI, Karnataka | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| District court, BALLARI, Karnataka | Court case (R.A.) | Filed by the company against an individual | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against The Additional Commissioner of Central | Pending |
| District court, BALLARI, Karnataka | Court case (AA) | Filed by the company against The Special Land Acquisition Officer, National Highway Authority of India, Ballari. | Pending |
| District court, BALLARI, Karnataka | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Hothur 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
Hothur Ispat Private Limited was last rated by Care on 06 Jul 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 06 Jul 2023 |
To see the full credit ratings and regulatory alerts of Hothur Ispat Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hothur Ispat Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Hothur Ispat Private Limited has a workforce of 94 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
Employee count
94
Active EPFO establishments
1
Employee growth
-24.8%
GST
Hothur Ispat has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCH4679J1Z2 | Karnataka | Active | 01 Jul 2017 |
| 36AOFPR3468C1ZV | Telangana | Active | 25 Mar 2025 |
To see the full GST registrations and return filing status of Hothur Ispat Private Limited, buy the company report.
Recent activity
Hothur Ispat Private Limited has 7 board changes on record since 2004: 6 appointments and 1 cessation. The latest: Abdulla Syed Farooq ceased to be Director on 30 Nov 2020.
Charges
A charge registered on 30 Nov 2018 via Charge ID 100245568 with State Bank Of India was fully satisfied on 12 Dec 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 5.00 Cr with Charge ID 101009513 was registered on 15 Oct 2024.
AGM
Hothur Ispat Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Hothur Ispat Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with State Bank Of India of Rs. 51.27 Cr registered on 30 Nov 2018 with Charge ID 100245568 was modified on 30 Mar 2022.
Ceased
Abdulla Syed Farooq ceased to be Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.49 Cr with Charge ID 100287557 was registered on 17 Jul 2019.
Charges
A charge with State Bank Of India amounted to Rs. 51.27 Cr with Charge ID 100245568 was registered on 30 Nov 2018.
Appointed
Abdulla Syed Farooq was appointed as Director.
Charges
A charge registered on 02 May 2005 via Charge ID 90194613 with State Bank Of India was fully satisfied on 01 Feb 2017.
Appointed
Zahaan Mohamad Iqbal was appointed as Director.
Appointed
Sharmeen Iqbal was appointed as Director.
6 earlier events are in the company report.
Frequently asked questions
Hothur Ispat is an active private limited company based in Bellary, Karnataka, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 15 September 2004 (22+ years old) and is registered under CIN U28123KA2004PTC034689.
Hothur Ispat has 5 current directors:
- Iqbal Hothur - Managing Director
- Zahaan Mohamad Iqbal - Director
- Nadirra Aleem - Director
- Sharmeen Iqbal - Director
- Zarah Iqbal - Director
The latest financial statements of Hothur 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 Hothur Ispat is 29AABCH4679J1Z2, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 36AOFPR3468C1ZV (Telangana).
The CIN (Corporate Identification Number) of Hothur Ispat is U28123KA2004PTC034689. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hothur Ispat has 12 court cases on record: 7 filed by the company and 5 filed against it. 8 are pending. Most are in the district courts.
Hothur Ispat was incorporated on 15 September 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.
Hothur Ispat has 8 deals on record (4 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹45 Cr; the latest was in March 2024.
Abdulla Syed Farooq ceased to be Director on 30 Nov 2020. Abdulla Syed Farooq was appointed as Director on 31 Jan 2018. Zahaan Mohamad Iqbal was appointed as Director on 01 Aug 2016. Hothur Ispat has 7 board changes on record in total.
Yes, Hothur Ispat is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-05-0003467).