
Ishwar Ispat Industries Private Limited
About Ishwar Ispat Industries Private Limited
Data last updated:
Ishwar Ispat Industries Private Limited is a private limited company based in Raipur, Chhattisgarh, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 18 October 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U02710CT2005PTC018046. Its GSTIN is 22AABCI4258C1Z3 (Chattisgarh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹19.16 Cr. It is led by directors Anil Kumar Patel and Vijay Patel.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 168 Sector – C Urla Industrial Area Urla, Raipur, Chhattisgarh, India – 493221.
As per the financials filed for FY 2025, the company reported a revenue of ₹172.96 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net loss of ₹61.26 Lakh (net margin -0.4%) and EBITDA of ₹4.67 Cr (EBITDA margin 2.7%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 5% over five years.
The company has about 53 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹29.99 Cr and satisfied charges of ₹34.73 Cr on record. Court records list 3 cases involving the company, including 3 filed against it. The company has 19 deals on record (12 secondary share transfers, 7 funding rounds), with disclosed funding of ₹21.72 Cr; the latest was in April 2024. Its 5 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 4 larger and 1 smaller; the largest is Ratnakar Ispat India Private Limited with revenue of ₹173.4 Cr. The company has 14 MSME Form 1 returns on record between 2019 and 2024, listing 910 overdue payments to 67 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ishwar Ispat Industries Private Limited's registered office is in Raipur, Chhattisgarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 168 Sector – C Urla Industrial Area Urla, Raipur, Chhattisgarh, India – 493221
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Ishwar Ispat Industries 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 Ishwar Ispat Industries 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 Ishwar Ispat Industries Private Limited, buy the company report.
Financials of Ishwar Ispat Industries Private Limited
FY 2025 filings availableIshwar Ispat Industries Private Limited reported revenue of ₹172.96 Cr (down 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 25% fall in the latest year. EBITDA rose 4% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹4.67 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹61.26 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.7% | ||||
| Net Profit Margin | -0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Ishwar Ispat Industries Private Limited, buy the company report.
Board of directors of Ishwar Ispat Industries Private Limited
Ishwar Ispat Industries has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil Kumar Patel | Director | 18 Oct 2005 | 21 Years 0 Months | Current |
| Vijay Patel Also directs: Surya Ratan Iron & Steel Private Limited | Director | 20 Jun 2017 | 9 Years 4 Months | Current |
Peer comparison
Ishwar Ispat Industries Private Limited is compared with the 5 companies closest to it by revenue in the Metals and Minerals industry (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 |
|---|---|---|---|---|---|---|
| Ratnakar Ispat India Private Limited | ₹173.4 Cr (FY 2025) | -45.0% | Bhilwara, Rajasthan, India | |||
| Addi Alloys Private Limited | ₹173.33 Cr (FY 2025) | -1.0% | Punjab, India | |||
| Narmada Iron and Steel Pvt Ltd. | ₹173.31 Cr (FY 2025) | 92.0% | Raigarh, Chhattisgarh, India | |||
| Sunil Re-Rollers and Steels Pvt Ltd | ₹173.27 Cr (FY 2025) | 20.0% | Raipur, Chhattisgarh, India | |||
| Ishwar Ispat Industries Private Limitedthis company | ₹172.96 Cr (FY 2025) | -₹61.26 Lakh | -0.4% | -25.0% | 53 | Raipur, Chhattisgarh, India |
| N.H. Steels Private Limited | ₹172.34 Cr (FY 2025) | -24.0% | Ghaziabad, Uttar Pradesh, India |
To see the full peer comparison of Ishwar Ispat Industries Private Limited, buy the company report.
Auditor
Ishwar Ispat Industries Private Limited is audited by Ashok K. & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ashok K. & Co. | FY 2023 | 006971C |
Shareholding
The shareholding of Ishwar Ispat Industries 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 Ishwar Ispat Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Mar 2020 | 100335354 | Others | ₹29.99 Cr | Open | |
| 31 Oct 2015 | 10604339 | Hdfc Bank Limited | ₹15 Cr | Satisfied | |
| 29 Mar 2006 | 80037060 | State Bank of India | ₹19.73 Cr | Satisfied |
To see the full charge records of Ishwar Ispat Industries Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Ishwar Ispat Industries Private Limited has 19 deals on record (12 secondary share transfers, 7 funding rounds), with disclosed funding of ₹21.72 Cr; the latest was in April 2024.
Deals on record (5 of 19)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: Harilal Bhai Patel & Sons HUF, 3 individuals Seller: 4 individuals |
| Sep 2022 | Secondary share transfer | Undisclosed | Buyer: Anil Shantilal Patel Huf, 3 individuals Seller: 4 individuals |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Shantilal Bhai Patel & Sons HUF, Harilal Bhai Patel & Sons HUF, 2 individuals Seller: Dhanji Mulji Patel Huf, Lavji Karshan & Sons HUF, 2 individuals |
| Jun 2021 | Secondary share transfer | Undisclosed | Buyer: Harilal Bhai Patel & Sons HUF, 3 individuals Seller: Hitesh Patel & Sons HUF, 3 individuals |
To see the full deal history of Ishwar Ispat Industries Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ishwar Ispat Industries Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, CHHATTISGARH | Court case (TAXC) | Filed against the company by The Deputy Commissioner of Income Tax, Cirxcle - 2( | Disposed |
| High Court of Chhattisgarh | Motor accident claim | Filed against the company by an individual | Disposed |
| District court, Bilaspur, Chhattisgarh | Court case (COMPT. CASES) | Filed against the company by Registrar of Companies | Disposed |
To see the full case history of Ishwar Ispat Industries 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
Ishwar Ispat Industries Private Limited was last rated by Care on 17 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 17 Sep 2021 |
To see the full credit ratings and regulatory alerts of Ishwar Ispat Industries Private Limited, buy the company report.
MSME payment delays
Ishwar Ispat Industries Private Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 910 overdue payments to 67 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 67)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Maharshi Metal Product Private Limited | |||
| Lupin Gases Pvt. Ltd. | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Ishwar Ispat Industries Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ishwar Ispat Industries Private Limited has a workforce of 53 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 53 |
| 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 |
To see the full employee and EPFO history of Ishwar Ispat Industries Private Limited, buy the company report.
GST
Ishwar Ispat Industries has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AABCI4258C1Z3 | Chattisgarh | Active | 01 Jul 2017 |
| 22AABCI4258C1DC | Chattisgarh | Active | 13 Feb 2025 |
To see the full GST registrations and return filing status of Ishwar Ispat Industries Private Limited, buy the company report.
Recent activity
Ishwar Ispat Industries Private Limited has 8 board changes on record since 2005: 2 appointments and 6 cessations. The latest: Dharmendra Patel ceased to be Director on 01 Aug 2022.
7 earlier events are in the company report.
Frequently asked questions
Ishwar Ispat Industries is an active private limited company based in Raipur, Chhattisgarh, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 18 October 2005 (21+ years old) and is registered under CIN U02710CT2005PTC018046.
Ishwar Ispat Industries has 2 current directors:
- Anil Kumar Patel - Director
- Vijay Patel - Director
The latest financial statements of Ishwar Ispat Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ishwar Ispat Industries is 22AABCI4258C1Z3, registered in Chattisgarh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 22AABCI4258C1DC (Chattisgarh).
The CIN (Corporate Identification Number) of Ishwar Ispat Industries is U02710CT2005PTC018046. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ishwar Ispat Industries has 3 court cases on record: 3 filed against it. Most are in the high courts.
Ishwar Ispat Industries was incorporated on 18 October 2005, making it 21+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
Ishwar Ispat Industries has 19 deals on record (12 secondary share transfers, 7 funding rounds), with disclosed funding of ₹21.72 Cr; the latest was in April 2024.
The peers of Ishwar Ispat Industries by revenue are Ratnakar Ispat India Private Limited, Addi Alloys Private Limited, Narmada Iron and Steel Pvt Ltd, Sunil Re-Rollers and Steels Pvt Ltd, N.H. Steels Private Limited, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Dharmendra Patel ceased to be Director on 01 Aug 2022. Raveena Agrawal ceased to be Company Secretary on 30 Jun 2020. Haresh Patel ceased to be Director on 31 Mar 2019. Ishwar Ispat Industries has 8 board changes on record in total.
Ishwar Ispat Industries has 14 MSME Form 1 returns on record between 2019 and 2024, listing 910 overdue payments to 67 micro and small suppliers. The latest return was filed on 30 Apr 2024.
The registered office of Ishwar Ispat Industries is at Plot No. 168 Sector – C Urla Industrial Area Urla, Raipur, Chhattisgarh, India – 493221.

