About Ira Formwork Private Limited
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Ira Formwork Private Limited is a private limited company based in Raipur, Chhattisgarh, India. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 04 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U28999CT2020PTC010682. Its GSTIN is 22AAFCI8342H1ZO (Chattisgarh).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1.23 Lakh. It is led by directors including Kamini Agarwal and Gourav Agarwal.
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 Ph No. 100/28 Bilaspur Road Rawabhata Ind. Area Siltara, Raipur, Chhattisgarh, India – 493221.
As per the financials filed for FY 2024, the company reported a revenue of ₹49.22 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹1.68 Cr (net margin 3.4%) and EBITDA of ₹2.21 Cr (EBITDA margin 4.5%). Revenue has grown at a compounded annual rate (CAGR) of 110% over three years.
As per MCA filings, the company has open charges of ₹2.28 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website irasteels.com.
Company details
Contact details
Ira Formwork Private Limited's registered office is in Raipur, Chhattisgarh. Its website is irasteels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPh No. 100/28 Bilaspur Road Rawabhata Ind. Area Siltara, Raipur, Chhattisgarh, India – 493221
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of Ira Formwork 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 Ira Formwork is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Ira Formwork Private Limited, buy the company report.
Financials of Ira Formwork Private Limited
FY 2024 filings availableIra Formwork Private Limited reported revenue of ₹49.22 Cr (up 23% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 110% over three years, including 23% growth in the latest year. EBITDA rose 145% 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹49.22 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹2.21 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.68 Cr | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
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| Inventories | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 4.5% | |||
| Net Profit Margin | 3.4% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Ira Formwork Private Limited, buy the company report.
Board of directors of Ira Formwork Private Limited
Ira Formwork has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamini Agarwal | Director | 31 Aug 2021 | 5 Years 1 Months | Current |
| Gourav Agarwal | Director | 04 Oct 2020 | 6 Years 0 Months | Current |
| Sachin Gupta | Director | 23 Aug 2024 | 2 Years 2 Months | Current |
Peer comparison
Ira Formwork Private Limited is compared with the 7 companies closest to it by revenue in the Metals and Minerals industry (Metals), 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 |
|---|---|---|---|---|---|---|
| DRK Metallurgical Private Limited | ₹50.15 Cr (FY 2024) | -50.0% | Kolkata, West Bengal, India | |||
| M. Bafna Technovations Private Limited | ₹49.88 Cr (FY 2024) | 15.0% | Jaipur, Rajasthan, India | |||
| Shri Bhagyodaya Metals Private Limited | ₹49.85 Cr (FY 2025) | 49.0% | Ahmedabad, Gujarat, India | |||
| Umiya Metals Private Limited | ₹49.43 Cr (FY 2025) | -5.0% | Mehsana, Gujarat, India | |||
| Ira Formwork Private Limitedthis company | ₹49.22 Cr (FY 2024) | ₹1.68 Cr | 3.4% | 23.0% | Raipur, Chhattisgarh, India | |
| Kepco Metals Private Limited | ₹49.05 Cr (FY 2024) | -14.0% | Talod, Gujarat, India | |||
| Ambaji Jewellers Private Limited | ₹48.84 Cr (FY 2025) | 117.0% | Hyderabad, Telangana, India | |||
| Saideep Alloys Extrusion Private Limited | ₹48.54 Cr (FY 2025) | 16.0% | Ahmednagar, Maharashtra, India |
To see the full peer comparison of Ira Formwork Private Limited, buy the company report.
Auditor
Ira Formwork Private Limited is audited by SACHIN K AGRAWAL AND COMPANY for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SACHIN K AGRAWAL AND COMPANY | FY 2024 | 023548C |
Shareholding
The shareholding of Ira Formwork Private Limited is on record for 3 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ira Formwork Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Apr 2024 | 100919861 | Others | ₹15 Lakh | Open | |
| 09 Feb 2024 | 100866593 | Others | ₹13 Lakh | Open | |
| 29 Sep 2023 | 100800241 | Others | ₹2 Cr | Open |
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Ira Formwork Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ira Formwork Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ira Formwork Private Limited has 1 active EPFO establishment as of Apr 09, 2024.
GST
Ira Formwork has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AAFCI8342H1ZO | Chattisgarh | Active | 03 Dec 2020 |
To see the full GST registrations and return filing status of Ira Formwork Private Limited, buy the company report.
Recent activity
Ira Formwork Private Limited has 4 board changes on record since 2020: 3 appointments and 1 cessation. The latest: Sachin Gupta was appointed as Director on 23 Aug 2024.
Frequently asked questions
Ira Formwork is an active private limited company based in Raipur, Chhattisgarh, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 04 October 2020 (6+ years old) and is registered under CIN U28999CT2020PTC010682.
Ira Formwork has 3 current directors:
- Kamini Agarwal - Director
- Gourav Agarwal - Director
- Sachin Gupta - Director
The latest financial statements of Ira Formwork 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 FY 2021 are in the company report.
The GSTIN of Ira Formwork is 22AAFCI8342H1ZO, registered in Chattisgarh.
The CIN (Corporate Identification Number) of Ira Formwork is U28999CT2020PTC010682. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ira Formwork was incorporated on 04 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
The peers of Ira Formwork by revenue are DRK Metallurgical Private Limited, M. Bafna Technovations Private Limited, Shri Bhagyodaya Metals Private Limited, Umiya Metals Private Limited, Kepco Metals Private Limited and 2 more, all in the Metals and Minerals industry (Metals), with the same principal business activity (metal and metal products).
Sachin Gupta was appointed as Director on 23 Aug 2024. Jeetendra Bhalla ceased to be Director on 05 Sep 2022. Kamini Agarwal was appointed as Director on 31 Aug 2021. Ira Formwork has 4 board changes on record in total.
Ira Formwork can be reached through the website irasteels.com. Its registered office is in Raipur, Chhattisgarh, India.
The registered office of Ira Formwork is at Ph No. 10028 Bilaspur Road Rawabhata Ind. Area Siltara, Raipur, Chhattisgarh, India – 493221.
Ira Formwork operates in the metals and minerals industry, in the metal manufacturing and processing segment.