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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:

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

  • 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 Indicators

  • Authorised Capital ₹ 1.30 Cr
  • Paid Up Capital ₹ 1.19 Cr
  • Company Age 28 Year, 23 Days
  • 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

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

NameDesignationAppointment DateStatus
Ashok Kumar ShahDirector29 Sep 1999Current
Jitendra Kumar AgarwalAdditional Director20 Oct 2023Current
Jugal Kishore AgarwalDirector05 Nov 1997Current
Vijay Kumar AgrawalAdditional Director20 Oct 2023Current
Anjani Kumar MishraDirector05 Nov 1997Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector-Past
Pramod AbcsddDirector01 Nov 2013Past
Pramod AbcsddDirector11 Mar 2020Past

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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
  • 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
Revenue from Operations
Total Assets
-0.16%
Profit or Loss
0.84%
Net Worth
-0.12%
EBITDA
0.84%

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 Indicator graph

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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

DateLenderAmountStatus
10 Oct 2002West Bengal Financial Corporation₹2.00 CrOpen
05 Nov 2009Axis Bank Limited₹4.00 CrSatisfied
01 Aug 2007Small Industrial Development Bank Of India₹8.70 MSatisfied
29 Aug 1999Bank Of Baroda₹5.00 MSatisfied
03 Dec 1998Small Industries Development Bank Of India₹1.00 CrSatisfied

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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 growth trends for Ignite Steel Private Limited

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.

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

    Ignite Steel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ranchi. was recorded as a recent event.

  • Director Appointment

    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 1 month . was recorded as a recent event.

  • 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 1 month . was documented.

  • Charges

    Progress on A charge registered on 05 Nov 2009 via Charge ID 10191844 with Axis Bank Limited was fully satisfied on 01 Jun 2019. was documented.

  • Charges

    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 recorded as a recent event.

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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