Insco Steels Private Limited
About Insco Steels Private Limited
Data last updated:
Insco Steels Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Indrajit Properties Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 19 September 1994.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1994PTC081233. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹40 Cr and a paid-up capital of ₹40 Cr. It was formerly known as Insco Steels Limited and Bharda Properties Private Limited. It was led by directors Sajan Jacob and Kailash Madanlal Parihar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Cabin No. 16 17 18 First Floor 38/39 Ahmedabad Street Masjid Bunder East, Mumbai, Maharashtra, India – 400009.
As per the financials filed for FY 2023, the company reported a revenue of ₹78.11 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹54.52 Cr (net margin 69.8%) and EBITDA of ₹54.52 Cr (EBITDA margin 69.8%). Revenue has declined at a compounded annual rate (CAGR) of 209% over three years and 40% over five years.
As per MCA filings, the company had satisfied charges of ₹250 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company. The company has 3 deals on record (2 secondary share transfers, 1 acquisition); the latest was in December 2011. Its 6 peer companies in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 3 larger and 3 smaller; the largest is Shree Paras Steelfab Private Limited with revenue of ₹78.7 Cr.
Company details
Name history
Insco Steels has undergone 3 name changes throughout its history. The company was previously known as Insco Steels Limited, Bharda Properties Private Limited, and Bhadra Properties Pvt Ltd. The current legal name is Insco Steels Private Limited.
| Company Name | Status |
|---|---|
| Insco Steels Private Limited | Current |
| Insco Steels Limited | Previous |
| Bharda Properties Private Limited | Previous |
| Bhadra Properties Pvt Ltd | Previous |
CIN history
Insco Steels has one previous CIN (Corporate Identification Number): U45200MH1994PLC081233. The current CIN is U45200MH1994PTC081233, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45200MH1994PTC081233 | Current |
| U45200MH1994PLC081233 | Previous |
Contact details
Insco Steels Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressCabin No. 16 17 18 First Floor 38/39 Ahmedabad Street Masjid Bunder East, Mumbai, Maharashtra, India – 400009
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Insco Steels 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 activity of Insco Steels is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Insco Steels Private Limited, buy the company report.
Financials of Insco Steels Private Limited
FY 2023 filings availableInsco Steels Private Limited reported revenue of ₹78.11 Cr (up 29% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 29% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 40%. 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹54.52 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹54.52 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 69.8% | ||||
| Net Profit Margin | 69.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Insco Steels Private Limited, buy the company report.
Board of directors of Insco Steels Private Limited
Insco Steels has 2 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sajan Jacob | Director | 17 Feb 2014 | 12 Years 8 Months | As last reported |
| Kailash Madanlal Parihar | Director | 01 Jun 2018 | 8 Years 4 Months | As last reported |
Peer comparison
Insco Steels Private Limited is compared with the 6 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shree Paras Steelfab Private Limited | ₹78.7 Cr (FY 2025) | -12.0% | New Delhi, Delhi, India | |||
| Rathi Loha Impex Private Limited | ₹78.34 Cr (FY 2024) | 12.0% | Kolkata, West Bengal, India | |||
| SRKM Steel Private Limited | ₹78.25 Cr (FY 2025) | -26.0% | Guwahati, Assam, India | |||
| Insco Steels Private Limitedthis company | ₹78.11 Cr (FY 2023) | ₹54.52 Cr | 69.8% | 29.0% | Mumbai, Maharashtra, India | |
| Goldwin Ispat Private Limited | ₹77.72 Cr (FY 2025) | 163.0% | Sambalpur, Odisha, India | |||
| SSS Loha Marketing Private Limited | ₹77.44 Cr (FY 2025) | 73.0% | Kolkata, West Bengal, India | |||
| Calcutta Forgings & Steel Industries Limited | ₹77.1 Cr (FY 2024) | 7.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Insco Steels Private Limited, buy the company report.
Auditor
Insco Steels Private Limited is audited by MTS & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MTS & Associates | FY 2022 | 130510W |
Shareholding
The shareholding of Insco Steels Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Insco Steels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Dec 2010 | 10259211 | Allahabad Bank | ₹250 Cr | Satisfied |
To see the full charge records of Insco Steels Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Insco Steels Private Limited has 3 deals on record (2 secondary share transfers, 1 acquisition); the latest was in December 2011.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2011 | Secondary share transfer | Undisclosed | Buyer: Indrajit Properties Private Limited Seller: Indrajit Power Private Limited |
| Jan 2011 | Acquisition | ₹39.95 Cr | Buyer: Indrajit Power Private Limited |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: Indrajit Infrastructure Private Limited & J K Sarada, Indrajit Infrastructure Private Limited & Riyaz Shaikh Ahmed, Parishram Properties Private Limited Seller: Cheerful Trade & Realty Developers Private Limited , 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Insco Steels Private Limited has 3 court cases on record: 3 filed by Insco Steels. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| Bombay High Court | Appeal | Filed by the company | Disposed |
To see the full case history of Insco Steels 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
Insco Steels Private Limited was last rated by Care on 19 Aug 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 19 Aug 2021 |
To see the full credit ratings and regulatory alerts of Insco Steels Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Insco Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Insco Steels has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Insco Steels Private Limited, buy the company report.
Recent activity
Insco Steels Private Limited has 14 board changes on record since 2009: 2 appointments and 12 cessations. The latest: Sonu Agarwal ceased to be Company Secretary on 31 Aug 2021.
8 earlier events are in the company report.
Frequently asked questions
Insco Steels has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Insco Steels was a private limited company based in Mumbai, Maharashtra, India. The company worked in metal retail and distribution, within the metals and minerals industry. It was incorporated on 19 September 1994 and is registered under CIN U45200MH1994PTC081233. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Insco Steels was incorporated on 19 September 1994. It is registered with the Registrar of Companies, Mumbai.
Insco Steels had 2 directors:
- Sajan Jacob - Director
- Kailash Madanlal Parihar - Director
The CIN (Corporate Identification Number) of Insco Steels is U45200MH1994PTC081233. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Insco Steels is at Cabin No. 16 17 18 First Floor 3839 Ahmedabad Street Masjid Bunder East, Mumbai, Maharashtra, India – 400009.
The latest financial statements of Insco Steels on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. Insco Steels has 1 GST registration on record and it is cancelled or inactive.
Insco Steels operated in the metals and minerals industry, in the metal retail and distribution segment.
Insco Steels has 3 deals on record (2 secondary share transfers, 1 acquisition); the latest was in December 2011.
The peers of Insco Steels by revenue are Shree Paras Steelfab Private Limited, Rathi Loha Impex Private Limited, SRKM Steel Private Limited, Goldwin Ispat Private Limited, SSS Loha Marketing Private Limited and 1 more, all in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading).