About Isitva Steel Private Limited
Data last updated:
Isitva Steel Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Isitva Ventures Private Limited. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 09 November 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U27109TG1994PTC018716. Its GSTIN is 33AADCA8805D1Z3 (Tamil Nadu). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.8 Cr. It was formerly known as Arm Steel Limited and Icomm Steel Limited. It is led by directors Bhaskara Rao Koganti and Suresh Babu Kavuri.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 45 – 60 Keesara Road Nagaram, Hyderabad, Telangana, India – 500083.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.1 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹1.09 Cr and EBITDA of -₹32.24 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 94% over three years and 82% over five years.
The company has about 38 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹250.19 Cr and satisfied charges of ₹165.86 Cr on record. Court records list 9 cases involving the company, including 5 filed by the company and 4 filed against it; 1 case is pending. The company has 6 deals on record (4 secondary share transfers, 1 acquisition, 1 funding round), with disclosed funding of ₹1.3 Cr; the latest was in January 2017.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website isitva.in.
Company details
Name history
Isitva Steel has undergone 4 name changes throughout its history. The current legal name is Isitva Steel Private Limited.
| Company Name | Status |
|---|---|
| Isitva Steel Private Limited | Current |
| Arm Steel Limited | Previous |
| Icomm Steel Limited | Previous |
| A R M Steel Limited | Previous |
| Isitva Steel Limited | Previous |
CIN history
Isitva Steel has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U27109TG1994PTC018716, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27109TG1994PTC018716 | Current |
| U27109AP1994PTC018716 | Previous |
| U27109AP1994PLC018716 | Previous |
Contact details
Isitva Steel Private Limited's registered office is in Hyderabad, Telangana. Its website is isitva.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address45 – 60 Keesara Road Nagaram, Hyderabad, Telangana, India – 500083
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Isitva 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 activity of Isitva Steel 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 Isitva Steel Private Limited, buy the company report.
Financials of Isitva Steel Private Limited
FY 2024 filings availableIsitva Steel Private Limited reported revenue of ₹1.1 Lakh (down 99% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 82% over five years, including a 99% fall 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.1 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹32.24 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.09 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| 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 Isitva Steel Private Limited, buy the company report.
Board of directors of Isitva Steel Private Limited
Isitva Steel has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhaskara Rao Koganti | Director | 25 Apr 2018 | 8 Years 6 Months | Current |
| Suresh Babu Kavuri | Director | 21 Jun 2016 | 10 Years 4 Months | Current |
Auditor
Isitva Steel Private Limited is audited by K Srikanth & Co Char tered Accountants for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K Srikanth & Co Char tered Accountants | FY 2023 | 013352S |
Shareholding
The shareholding of Isitva 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 Isitva Steel Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jun 2015 | 10582344 | Central Bank of India | ₹4.04 Cr | Open | |
| 30 Dec 2014 | 10547414 | Idbi Trusteeship Services Limited | ₹168.15 Cr | Open | |
| 05 Nov 2014 | 10540731 | Il&Fs Financial Services Limited | ₹78 Cr | Open | |
| 29 Sep 2017 | 100133074 | Lakshmi Vilas Bank Limited | ₹54 Cr | Satisfied | |
| 30 Mar 2009 | 10152497 | Lakshmi Vilas Bank Limited | ₹36.46 Cr | Satisfied |
To see the full charge records of Isitva Steel Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Isitva Steel Private Limited has 6 deals on record (4 secondary share transfers, 1 acquisition, 1 funding round), with disclosed funding of ₹1.3 Cr; the latest was in January 2017.
Deals on record (4 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Dec 2012 | Funding round | ₹1.3 Cr | Investors: Isitva Ventures Private Limited , 2 individuals |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: Isitva Ventures Private Limited , an individual Seller: Isitva Ventures Private Limited , an individual |
| Mar 2008 | Acquisition | ₹2.45 Cr | Buyer: Isitva Ventures Private Limited |
To see the full deal history of Isitva Steel 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
Isitva Steel Private Limited has 9 court cases on record: 5 filed by Isitva Steel, 4 filed against it. 1 case is pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 1 |
| NCLAT | 3 | 3 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Writ petition | Filed by the company against individuals | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Sameer Nagpal Suspended Director of Vikram Solar Limited | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| High Court, TELANGANA | Appeal | Filed by the company against The State of Telangana and 3 others | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against The State of Telangana and 3 others | Disposed |
To see the full case history of Isitva 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 Isitva Steel Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Isitva Steel has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCA8805D1Z3 | Tamil Nadu | Active | 08 Apr 2019 |
To see the full GST registrations and return filing status of Isitva Steel Private Limited, buy the company report.
Recent activity
Isitva Steel Private Limited has 10 board changes on record since 2010: 2 appointments and 8 cessations. The latest: Bhaskara Rao Koganti was appointed as Director on 25 Apr 2018.
15 earlier events are in the company report.
Frequently asked questions
Isitva Steel is an active private limited company based in Hyderabad, Telangana, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 09 November 1994 (32+ years old) and is registered under CIN U27109TG1994PTC018716.
Isitva Steel has 2 current directors:
- Bhaskara Rao Koganti - Director
- Suresh Babu Kavuri - Director
The latest financial statements of Isitva Steel on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Isitva Steel is 33AADCA8805D1Z3, registered in Tamil Nadu. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Isitva Steel is U27109TG1994PTC018716. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Isitva Steel has 9 court cases on record: 5 filed by the company and 4 filed against it. 1 is pending. Most are in the high courts.
Isitva Steel was incorporated on 09 November 1994, making it 32+ years old. It is registered with the Registrar of Companies, Hyderabad.
Isitva Steel has 6 deals on record (4 secondary share transfers, 1 acquisition, 1 funding round), with disclosed funding of ₹1.3 Cr; the latest was in January 2017.
Bhaskara Rao Koganti was appointed as Director on 25 Apr 2018. Sridhar Gadde ceased to be Director on 25 Apr 2018. Suresh Babu Kavuri ceased to be Additional Director on 30 Sep 2016. Isitva Steel has 10 board changes on record in total.
Isitva Steel can be reached through the website isitva.in. Its registered office is in Hyderabad, Telangana, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
