Ignite Steel Private Limited - Company Profile

It is a business services private limited company based in Jamshedpur, Jharkhand, India, established in 1997.
1997 Jamshedpur, Jharkhand, India Active
Last Updated:
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About Ignite Steel Private Limited

Ignite Steel Private Limited, a active private limited company, was established on 05 November 1997 in Jamshedpur, Jharkhand, India. it holds CIN: U00331JH1997PTC008218. Registered under ROC Roc Ranchi. it is unlisted. It has an authorized capital of ₹1.30 Cr and a paid-up capital of ₹1.19 Cr.

It upholds a active non-compliant status. Its leadership includes Ashok Kumar Shah (Director), Jitendra Kumar Agarwal (Additional Director), Jugal Kishore Agarwal (Director). Past directors included Vijay Kumar Agarwal, Jitendra Kumar Agarwal, Vijay Kumar Agrawal. It holds ₹2.00 Cr open charges and ₹6.37 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Marwari Para Road,Jugsalai,Jamshedpur., Jamshedpur, Jharkhand.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U00331JH1997PTC008218

  • Registration Number

    008218

  • Incorporation Date

    05 November 1997

  • Authorized Capital

    ₹1.30 Cr

  • Paid-Up Capital

    ₹1.19 Cr

  • ROC Code

    Roc Ranchi

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.30 Cr
  • Paid Up Capital ₹ 1.19 Cr
  • Company Age 28 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.00 Cr
  • Satisfied Charges ₹ 6.37 Cr
  • Revenue Growth **** %
  • Profit Growth **** 0.84%
  • Ebitda **** 0.84%
  • Net Worth -0.12%
  • Total Assets -0.16%
Company report

Ignite Steel Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Ignite Steel Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Ignite Steel Private Limited?
Current Directors
Name Designation Appointment Date Status
Ashok Kumar Shah Director 29 Sep 1999 Current
Jitendra Kumar Agarwal Additional Director 20 Oct 2023 Current
Jugal Kishore Agarwal Director 05 Nov 1997 Current
Vijay Kumar Agrawal Additional Director 20 Oct 2023 Current
Anjani Kumar Mishra Director 05 Nov 1997 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director - Past
Pramod Abcsdd Director 01 Nov 2013 Past
Pramod Abcsdd Director 11 Mar 2020 Past

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Financial Performance of Ignite Steel.

Ignite Steel Private Limited, for the financial year ended 2021, experienced no change in revenue, with a 0% increase. The company also saw a slight improvement in profitability, with a 0.84% increase in profit. The company's net worth dipped by a decrease of 0.12%.

Ignite Steel revenue growth over time
Ignite Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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*******
*******
*******
*******
*******
Revenue from Operations
*******
*******
*******
*******
*******
*******
Total Assets
*******
 -0.16%
*******
*******
*******
*******
Profit or Loss
*******
 0.84%
*******
*******
*******
*******
Net Worth
*******
 -0.12%
*******
*******
*******
*******
EBITDA
*******
 0.84%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Ignite Steel?

In 2021, Ignite Steel had a promoter holding of 34.86% and a public holding of 65.14%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹20,000,000.00

Satisfied Charges

₹63,700,000.00

Charges Breakdown by Lending Institutions
  • West Bengal Financial Corporation : 2.00 Cr
Latest Charge Details
Date Lender Amount Status
10 Oct 2002 West Bengal Financial Corporation ₹2.00 Cr Open
05 Nov 2009 Axis Bank Limited ₹4.00 Cr Satisfied
01 Aug 2007 Small Industrial Development Bank Of India ₹8.70 M Satisfied
29 Aug 1999 Bank Of Baroda ₹5.00 M Satisfied
03 Dec 1998 Small Industries Development Bank Of India ₹1.00 Cr Satisfied

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How Many Employees Work at Ignite Steel?

Unlock and access historical data on people associated with Ignite Steel, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ignite Steel, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Ignite Steel's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Ignite Steel
Recent Activity within the Organization
  • Annual General Meeting

    The activity Ignite Steel Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Ignite Steel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ranchi. was completed.

  • Director Appointment

    Progress on Jitendra Kumar Agarwal was appointed as a Additional Director was appointed as a Additional Director on 20 Oct 2023 & has been associated with this company since 2 years 3 months . was documented.

  • Director Appointment

    Progress on Vijay Kumar Agrawal was appointed as a Additional Director was appointed as a Additional Director on 20 Oct 2023 & has been associated with this company since 2 years 3 months . was documented.

  • Charges

    A charge registered on 05 Nov 2009 via Charge ID 10191844 with Axis Bank Limited was fully satisfied on 01 Jun 2019. was recorded as a recent event.

  • Charges

    Progress on A charge with Axis Bank Limited of Rs. 4.00 Cr registered on 05 Nov 2009 with Charge ID 10191844 was modified on 03 Nov 2012. was documented.

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Frequently Asked Questions
What is the CIN of Ignite Steel Private Limited?

The CIN of Ignite Steel Private Limited is U00331JH1997PTC008218.

Where is Ignite Steel Private Limited headquartered?

Ignite Steel Private Limited is headquartered at Marwari Para Road,Jugsalai,Jamshedpur., Jamshedpur, Jharkhand.

When was Ignite Steel Private Limited incorporated?

Ignite Steel Private Limited was incorporated on 05 November 1997.

Who are the current directors of Ignite Steel Private Limited?

The current directors of Ignite Steel Private Limited are

Is Ignite Steel Private Limited a listed company?

Ignite Steel Private Limited is unlisted.

What is the capital structure of Ignite Steel Private Limited?

The authorized capital of Ignite Steel Private Limited is ₹1.30 Cr, and the paid-up capital is ₹1.19 Cr.

What is the compliance status of Ignite Steel Private Limited?

The compliance status of Ignite Steel Private Limited is Active Non-Compliant.

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