
About Ilc Iron & Steel Private Limited
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Ilc Iron & Steel Private Limited is a private limited company based in Hospet, Karnataka, India, a subsidiary of Ilc Industries Limited. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 17 October 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U27310KA2008PTC048045. Its GSTIN is 29AACCI3099J1Z4 (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹80 Cr and a paid-up capital of ₹52.69 Cr. It is led by directors including Thimmappaiah Srinivasa and Uppala Venkatabaji Nagaraju.
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 C 30 Industrial Estate Dam Road, Hospet, Karnataka, India – 583203.
As per the financials filed for FY 2024, the company reported a revenue of ₹362.74 Cr, a growth of 106% compared to the previous year. For the same year it recorded a net profit of ₹3.87 Cr (net margin 1.1%) and EBITDA of ₹14.06 Cr (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 11% over five years.
The company has about 111 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹25.92 Cr and satisfied charges of ₹68.2 Cr on record. Court records list 17 cases involving the company, including 9 filed by the company and 8 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ilcironandsteel.com.
Company details
Contact details
Ilc Iron & Steel Private Limited's registered office is in Hospet, Karnataka. Its website is ilcironandsteel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC 30 Industrial Estate Dam Road, Hospet, Karnataka, India – 583203
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of Ilc Iron & Steel 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
Business activity
The main business activities of Ilc Iron & Steel are manufacturing and electricity, gas, steam and air condition supply. In detail, this covers metal and metal products and electric power generation, transmission and distribution. 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 | |
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Ilc Iron & Steel Private Limited, buy the company report.
Financials of Ilc Iron & Steel Private Limited
FY 2024 filings availableIlc Iron & Steel Private Limited reported revenue of ₹362.74 Cr (up 106% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 106% growth in the latest year. EBITDA rose 6% 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 | ₹14.06 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.87 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.9% | ||||
| Net Profit Margin | 1.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ilc Iron & Steel Private Limited, buy the company report.
Board of directors of Ilc Iron & Steel Private Limited
Ilc Iron & Steel has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thimmappaiah Srinivasa | Director | 21 May 2018 | 8 Years 5 Months | Current |
| Uppala Venkatabaji Nagaraju | Director | 30 Sep 2013 | 13 Years 1 Months | Current |
| Sunil Kovvur Chandrashekhar Kumar Also directs: Karatagi Refineries Private Limited | Director | 30 Sep 2013 | 13 Years 1 Months | Current |
| Chandrashekhar Kovvur Also directs: Karatagi Refineries Private Limited, Ilc Industries Limited | Director | 17 Oct 2008 | 18 Years 0 Months | Current |
Peer comparison
Ilc Iron & Steel Private Limited is compared with the 7 companies closest to it by revenue in the Metals and Minerals industry (Metals, 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 |
|---|---|---|---|---|---|---|
| Jaiambe Ispat Private Limited | ₹364.5 Cr (FY 2025) | 91.0% | Raipur, Chhattisgarh, India | |||
| Tarini Steel Company Private Limited | ₹364.42 Cr (FY 2025) | 4.0% | Pune, Maharashtra, India | |||
| Dwaraka Iron Industries Private Limited | ₹364.25 Cr (FY 2025) | -15.0% | Hyderabad, Telangana, India | |||
| Trimula Industries Limited | ₹363.84 Cr (FY 2025) | -22.0% | Uttar Pradesh, India | |||
| India Steel Continental Private Limited | ₹363.39 Cr (FY 2024) | -6.0% | Palhori, Himachal Pradesh, India | |||
| Ilc Iron & Steel Private Limitedthis company | ₹362.74 Cr (FY 2024) | ₹3.87 Cr | 1.1% | 106.0% | 111 | Hospet, Karnataka, India |
| New Laxmi Steel & Power Private Limited | ₹362.1 Cr (FY 2025) | -23.0% | Bhubaneswar, Odisha, India | |||
| Gopani Metal Industries Private Limited | ₹361.9 Cr (FY 2024) | -7.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Ilc Iron & Steel Private Limited, buy the company report.
Auditor
Ilc Iron & Steel Private Limited is audited by SEENAM BHAT & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SEENAM BHAT & CO | FY 2023 | 018392S |
Shareholding
The shareholding of Ilc Iron & Steel 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ilc Iron & Steel Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jul 2024 | 100961539 | Hdfc Bank Limited | ₹25 Cr | Open | |
| 28 Jun 2024 | 100949985 | Hdfc Bank Limited | ₹39.5 Lakh | Open | |
| 11 Sep 2023 | 100789050 | Hdfc Bank Limited | ₹32 Lakh | Open | |
| 11 Apr 2023 | 100716631 | Hdfc Bank Limited | ₹20 Lakh | Open | |
| 28 Jun 2023 | 100740301 | Canara Bank | ₹20 Lakh | Satisfied |
To see the full charge records of Ilc Iron & Steel Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Ilc Iron & Steel Private Limited has 17 court cases on record: 9 filed by Ilc Iron & Steel, 8 filed against it. 5 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 5 | 3 |
| District courts | 5 | 3 | 2 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, KARNATAKA | Writ petition | Filed by the company against Karnataka Power Transmission Corporation Limited and 2 others | Pending |
| District court, VIJAYANAGAR, Karnataka | Criminal complaint | Filed by the company against M/S. Diematrix Toolings | Pending |
| High Court of Karnataka | Court case (MSA) | Filed by the company against individuals | Pending |
| High Court of Karnataka | Writ petition | Filed against the company by Sathavahana Ispat Private Limited | Pending |
| District court, BENGALURU, Karnataka | Court case (SPL.C) | Filed against the company by an individual | Pending |
To see the full case history of Ilc Iron & Steel 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ilc Iron & Steel Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ilc Iron & Steel Private Limited has a workforce of 111 employees on its EPFO records as of May 2026.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 111 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 | |
| FY 2015-16 | |
| FY 2014-15 |
To see the full employee and EPFO history of Ilc Iron & Steel Private Limited, buy the company report.
GST
Ilc Iron & Steel has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCI3099J1Z4 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ilc Iron & Steel Private Limited, buy the company report.
Recent activity
Ilc Iron & Steel Private Limited has 11 board changes on record since 2008: 4 appointments and 7 cessations. The latest: Vankadara Kaleshwari Bhanu ceased to be Director on 04 Sep 2025.
11 earlier events are in the company report.
Frequently asked questions
Ilc Iron & Steel is an active private limited company based in Hospet, Karnataka, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 17 October 2008 (18+ years old) and is registered under CIN U27310KA2008PTC048045.
Ilc Iron & Steel has 4 current directors:
- Thimmappaiah Srinivasa - Director
- Uppala Venkatabaji Nagaraju - Director
- Sunil Kovvur Chandrashekhar Kumar - Director
- Chandrashekhar Kovvur - Director
The latest financial statements of Ilc Iron & Steel 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 Ilc Iron & Steel is 29AACCI3099J1Z4, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Ilc Iron & Steel is U27310KA2008PTC048045. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ilc Iron & Steel has 17 court cases on record: 9 filed by the company and 8 filed against it. 5 are pending. Most are in the high courts.
Ilc Iron & Steel was incorporated on 17 October 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Ilc Iron & Steel by revenue are Jaiambe Ispat Private Limited, Tarini Steel Company Private Limited, Dwaraka Iron Industries Private Limited, Trimula Industries Limited, India Steel Continental Private Limited and 2 more, all in the Metals and Minerals industry (Metals, Steel), with the same principal business activity (metal and metal products).
Vankadara Kaleshwari Bhanu ceased to be Director on 04 Sep 2025. Somasekhar Kovvur ceased to be Director on 23 Jan 2022. Thimmappaiah Srinivasa ceased to be Additional Director on 29 Sep 2018. Ilc Iron & Steel has 11 board changes on record in total.
Ilc Iron & Steel can be reached through the website ilcironandsteel.com. Its registered office is in Hospet, Karnataka, India.
The registered office of Ilc Iron & Steel is at C 30 Industrial Estate Dam Road, Hospet, Karnataka, India – 583203.

