Ipi Steel Ltd - Company Profile

It is a metals and minerals public limited company based in Dhenkal, Orissa, India, established in 1983.
1983 Dhenkal, Orissa, India Active
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About Ipi Steel Ltd

Ipi Steel Ltd, a active public limited company, was established on 26 February 1983 in Dhenkal, Orissa, India. Engaging in steel manufacturing & processing within the manufacturing sector, it holds CIN: U27101OR1983PLC001173. Registered under ROC Roc Cuttack. it is unlisted. It has an authorized capital of ₹7.50 Cr and a paid-up capital of ₹6.39 Cr.

It upholds a compliant status. Its leadership includes Sophina Sahoo (Director), Suprasanna Sahoo (Director), Sonal Sahoo (Director). Past directors included Jogen Sahoo Kumar, Natarajan Hariharan, Chitta Ranjan Rath. It holds no open charges and ₹78.18 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Company S Factory Sitegundichapada, Dhenkal, Orissa, 759025.

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

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U27101OR1983PLC001173

  • Registration Number

    001173

  • Incorporation Date

    26 February 1983

  • Authorized Capital

    ₹7.50 Cr

  • Paid-Up Capital

    ₹6.39 Cr

  • ROC Code

    Roc Cuttack

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 7.50 Cr
  • Paid Up Capital ₹ 6.39 Cr
  • Company Age 43 Year, 6 Days
  • Last Filing with ROC 31 Mar 2025
  • Satisfied Charges ₹ 78.18 Cr
  • Revenue Growth **** %
  • Profit Growth **** -25.77%
  • Ebitda **** -738.93%
  • Net Worth -1.67%
  • Total Assets -1.21%
Company report

Ipi Steel Ltd

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Ipi Steel Ltd — 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 Ipi Steel Ltd?
Current Directors
Name Designation Appointment Date Status
Sophina Sahoo Director 18 Nov 2009 Current
Suprasanna Sahoo Director 04 Aug 2006 Current
Sonal Sahoo Director 04 Aug 2006 Current
Shrinibash Sahoo Director 04 Aug 2006 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 01 Nov 2020 Past
Pramod Abcsdd Director 26 Sep 2013 Past
Pramod Abcsdd Director 01 Nov 2020 Past
Pramod Abcsdd Director 01 Nov 2020 Past
Pramod Abcsdd Whole-Time Director 01 Apr 2012 Past

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Financial Performance of Ipi Steel.

Ipi Steel Ltd, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 25.77% decrease in profit. The company's net worth dipped by a decrease of 1.67%.

Ipi Steel revenue growth over time
Ipi 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
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Total Assets
*******
 -1.21%
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Profit or Loss
*******
 -25.77%
*******
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Net Worth
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 -1.67%
*******
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*******
*******
EBITDA
*******
 -738.93%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Ipi Steel?

In 2023, Ipi Steel had a promoter holding of 98.80% and a public holding of 1.21%. 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

₹0

Satisfied Charges

₹781,790,220.00

Charges Breakdown by Lending Institutions
  • State Bank Of India : 46.62 Cr
  • Srei Equipment Finance Private Limited : 20.56 Cr
  • Others : 5.00 Cr
  • Small Industries Development Bank Of India (Sidbi) : 4.00 Cr
  • Axis Bank Limited : 2.00 Cr
Latest Charge Details
Date Lender Amount Status
15 Mar 2017 Others ₹5.00 Cr Satisfied
27 Sep 2013 Axis Bank Limited ₹2.00 Cr Satisfied
22 Dec 2012 Srei Equipment Finance Private Limited ₹10.56 Cr Satisfied
15 Dec 2010 Srei Equipment Finance Private Limited ₹10.00 Cr Satisfied
15 Jul 2010 Small Industries Development Bank Of India (Sidbi) ₹4.00 Cr Satisfied

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How Many Employees Work at Ipi Steel?

Unlock and access historical data on people associated with Ipi 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 Ipi 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 Ipi 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 Ipi Steel
Recent Activity within the Organization
  • Annual General Meeting

    Ipi Steel Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Ipi Steel Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Cuttack. was documented.

  • Charges

    A charge registered on 15 Mar 2017 via Charge ID 100112163 with Others was fully satisfied on 27 Aug 2021. was recorded as a recent event.

  • Charges

    The activity A charge registered on 22 Dec 2012 via Charge ID 10401881 with Srei Equipment Finance Private Limited was fully satisfied on 27 Aug 2021. was completed.

  • Charges

    A charge registered on 15 Jul 2010 via Charge ID 10228990 with Small Industries Development Bank Of India (Sidbi) was fully satisfied on 25 Aug 2021. was recorded as a recent event.

  • Charges

    The activity A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100112163 was registered on 15 Mar 2017. was completed.

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Frequently Asked Questions
What is the CIN of Ipi Steel Ltd?

The CIN of Ipi Steel Ltd is U27101OR1983PLC001173.

Where is Ipi Steel Ltd headquartered?

Ipi Steel Ltd is headquartered at Company S Factory Sitegundichapada, Dhenkal, Orissa, 759025.

When was Ipi Steel Ltd incorporated?

Ipi Steel Ltd was incorporated on 26 February 1983.

Who are the current directors of Ipi Steel Ltd?

The current directors of Ipi Steel Ltd are

What is the primary industry of Ipi Steel Ltd?

The primary industry of Ipi Steel Ltd is Manufacturing.

Is Ipi Steel Ltd a listed company?

Ipi Steel Ltd is unlisted.

What is the capital structure of Ipi Steel Ltd?

The authorized capital of Ipi Steel Ltd is ₹7.50 Cr, and the paid-up capital is ₹6.39 Cr.

What is the compliance status of Ipi Steel Ltd?

The compliance status of Ipi Steel Ltd is Compliant.

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