About Ismt Limited
Data last updated:
Ismt Limited was a public limited company based in Pune, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 01 September 1999.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN L27109PN1999PLC016417. Its GSTIN is 27AAACJ9917A1ZP (Maharashtra). The company held 2 GST registrations, of which 1 is active. Its shares are listed on BSE: 532479 and NSE: ISMTLTD.
The company had an authorised share capital of ₹158.5 Cr and a paid-up capital of ₹150.25 Cr. It was led by directors including Ektare Nishikant Balakrishna (Managing Director) and Kanakraj Madhavan.
Its last annual general meeting (AGM) was held on 27 July 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Panama House (Earlier Known As Lunkad Towers) Vimannagar, Pune, Maharashtra, India – 411014.
As per the financials filed for FY 2023, the company reported a revenue of ₹2,598.18 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹87.74 Cr (net margin 3.4%) and EBITDA of ₹228.85 Cr (EBITDA margin 8.8%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 11% over five years.
The company had about 1,772 employees on its provident fund (EPFO) records before it was dissolved. Its group structure included 5 subsidiaries.
The company was associated with 1 brand: ISMT. As per MCA filings, the company had open charges of ₹530 Cr and satisfied charges of ₹5,370.29 Cr on record. Court records list 186 cases involving the company, including 113 filed by the company and 60 filed against it; 22 cases are pending. The company has 20 deals on record (16 market trades, 2 funding rounds, 1 acquisition), with disclosed funding of ₹486.65 Cr; the latest was in November 2023. Its 10 peer companies in the Metals and Minerals industry (Steel) are compared by revenue, 5 larger and 5 smaller; the largest is Mukand Sumi Special Steel Limited with revenue of ₹2,736.76 Cr. The company has 26 MSME Form 1 returns on record between 2019 and 2024, listing 3,584 overdue payments to 202 micro and small suppliers.
The last known website on record is ismt.com.
CIN History of Ismt Limited
Ismt has one previous CIN (Corporate Identification Number): U27109PN1999PLC016417. The current CIN is L27109PN1999PLC016417, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L27109PN1999PLC016417 | Current |
| U27109PN1999PLC016417 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPanama House (Earlier Known As Lunkad Towers) Vimannagar, Pune, Maharashtra, India – 411014
- IndustryMetals and Minerals, Steel Manufacturing & Processing
- 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
- One PDF report, delivered after checkout
Business Activity of Ismt Limited
The main business activity of Ismt is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ismt Limited FY 2023 filings available
Ismt Limited reported revenue of ₹2,598.18 Cr (up 19% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Ismt Limited
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 19% growth in the latest year. EBITDA fell 91% 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 of Ismt Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹228.85 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹87.74 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 of Ismt Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ismt are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors and KMP of Ismt Limited
Ismt Limited currently reports 6 directors and 1 key managerial person. 27 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kanakraj Madhavan | Director | 01 Mar 2019 | 7 Years 7 Months | As last reported |
| Sathya Moorthy Venkataramani Also directs: Kirloskar Ferrous Industries Ltd, Kirloskar Industries Limited, Oliver Engineering Private Limited and 2 more | Director | 10 Mar 2022 | 4 Years 7 Months | As last reported |
| Shalini Sarin Also directs: Kirloskar Ferrous Industries Ltd, Kirloskar Oil Engines Limited, Polyplex Corporation Limited and 5 more | Director | 10 Mar 2022 | 4 Years 7 Months | As last reported |
| Rahul Chandrakant Kirloskar Also directs: Snow Leopard Global Technology LLP, Snow Leopard Momentum-Ii LLP, Rykenthorus Ventures LLP and 5 more | Director | 10 Mar 2022 | 4 Years 7 Months | As last reported |
| Ravindranath Venkatesh Gumaste | Director | 10 Mar 2022 | 4 Years 7 Months | As last reported |
| Ektare Nishikant Balakrishna | Managing Director | 10 Mar 2022 | 4 Years 7 Months | As last reported |
Peer Comparison of Ismt Limited
Ismt Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Steel). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mukand Sumi Special Steel Limited | ₹2,736.76 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Kalwa, Maharashtra, India |
| Hi-Tech Pipes Ltd Listed | ₹2,700.47 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | New Delhi, Delhi, India |
| Jaideep Ispat and Alloys Private Limited | ₹2,699.75 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Indore, Madhya Pradesh, India |
| Orissa Steel & Power Private Limited | ₹2,691.1 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Kolkata, West Bengal, India |
| The Cosmos Bank Limited | ₹2,655.3 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | Maharashtra, India |
| Ismt Limited this company | ₹2,598.18 Cr (FY 2023) | •••• | •••• | 19.0% | •••• | Pune, Maharashtra, India |
| SMC Power Generation Limited | ₹2,579.32 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Jharsuguda, Odisha, India |
| Thriveni Pellets Private Limited | ₹2,528.22 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Via: Joda, Odisha, India |
| M S Metals and Steels Private Limited | ₹2,514.82 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Mumbai, Maharashtra, India |
| S R J Peety Steels Private Limited | ₹2,510.69 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Jalna, Maharashtra, India |
| Shri Jagannath Steels & Power Limited | ₹2,465.8 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Barbil, Odisha, India |
Peers are the five companies nearest above and the five nearest below Ismt by revenue in the Metals and Minerals industry (Steel), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ismt Limited
Ismt Limited is audited by P G BHAGWAT LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P G BHAGWAT LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Ismt Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ismt Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Jul 2015 | Others | ₹405.5 Cr | Satisfied |
| 10 Jul 2015 | State Bank of India | ₹15 Cr | Satisfied |
| 30 Mar 2015 | Bank of Maharashtra | ₹20 Cr | Satisfied |
| 27 Mar 2015 | Bank of Baroda | ₹50 Cr | Satisfied |
| 23 Mar 2015 | Andhra Bank | ₹22.5 Cr | Satisfied |
Total charge records: 81 View all charges
Deals & Funding of Ismt Limited
Ismt Limited has 20 deals on record (16 market trades, 2 funding rounds, 1 acquisition), with disclosed funding of ₹486.65 Cr; the latest was in November 2023.
Deals on record (5 of 20)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2023 | Market trade | ₹115.73 Cr | Buyer: Kirloskar Industries Limited Seller: Asscher Enterprises Limited |
| Dec 2022 | Acquisition | ₹65.71 Cr | Buyer: Omsairam Steels and Alloys Private Limited Seller: Ismt Limited |
| Nov 2022 | Market trade | ₹78 Cr | Buyer: Kirloskar Industries Limited Seller: Asscher Enterprises Limited |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Kirloskar Ferrous Industries Ltd |
| Mar 2022 | Funding round | ₹476.63 Cr | Investors: Kirloskar Ferrous Industries Ltd |
Full deal history
All 20 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Ismt Limited
Ismt Limited has 186 court cases on record: 113 filed by Ismt, 60 filed against it, 13 where it is another party. 22 cases are pending and 164 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 93 | 29 | 14 |
| District courts | 88 | 28 | 7 |
| NCLAT | 3 | 2 | 1 |
| Supreme Court | 2 | 1 | 0 |
Cases on record (5 of 186)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Appeal | Filed by the company against Shivganga Prestressed Pipes Private Limited | Pending |
| NCLAT, Chennai | Insolvency matter | Filed by the company against Nagarjuna Oil Corporation Limited | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Jindal Pipes Limited | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Varron Aluminiumm Private Limited | Disposed |
| District court, Nagpur, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by Fuelco Coal India Limited | Disposed |
Full case history
All 186 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Ismt Limited
Ismt Limited has 26 MSME Form 1 returns on record between 2019 and 2024, listing 3,584 overdue payments to 202 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 202)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sun Enterprises | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Alka Industries | •••• | •••• | •••• |
| C N K J B M S and Associates | •••• | •••• | •••• |
| Geometric Steels Roll Forming Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 26 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Ismt Limited
Ismt Limited has a workforce of 1,772 employees as of Mar 30, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Ismt Limited
Ismt has 5 subsidiary companies. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Tridem Port And Power Company Private Limited | U10101TN2007PTC070594 | Locked |
| Nagapattinam Energy Private Limited | U40100TN2008PTC069515 | Locked |
| Success Power And Infraprojects Private Limited | U40108PN1996PTC099133 | Locked |
| Marshal Microware Infrastructure Development Company Private Limited | U45203PN2007PTC129795 | Locked |
| Best Exim Private Limited | U51399PN2004PTC019783 | Locked |
Showing major subsidiaries. Total: 5.
Recent Activity on Ismt Limited
Ismt Limited has 51 board changes on record since 2003: 29 appointments and 22 cessations. The latest: Raviprakasha Srinivasa Srivatsan was appointed as CFO on 06 Mar 2024.
236 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ismt Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ismt Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ismt Limited
Ismt has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACJ9917A1ZP | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ismt Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Ismt Limited
Frequently Asked Questions about Ismt Limited
Ismt 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.
Ismt was a public limited company based in Pune, Maharashtra, India. The company worked in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 01 September 1999 and is registered under CIN L27109PN1999PLC016417. Listed on BSE: 532479 and NSE: ISMTLTD. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Ismt was incorporated on 01 September 1999. It is registered with the Registrar of Companies, Pune.
Ismt had 7 directors and KMP:
- Ektare Nishikant Balakrishna - Managing Director
- Kanakraj Madhavan - Director
- Sathya Moorthy Venkataramani - Director
- Shalini Sarin - Director
- Rahul Chandrakant Kirloskar - Director
- Ravindranath Venkatesh Gumaste - Director
- Raviprakasha Srinivasa Srivatsan - Cfo
The CIN (Corporate Identification Number) of Ismt is L27109PN1999PLC016417. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Ismt is listed on both BSE (code: 532479) and NSE (symbol: ISMTLTD).
The registered office of Ismt is at Panama House Earlier Known As Lunkad Towers Vimannagar, Pune, Maharashtra, India – 411014.
Ismt can be reached through the website ismt.com. Its registered office is in Pune, Maharashtra, India.
Ismt reported revenue of ₹2,598.18 Cr for FY 2023 (up 19% YoY).
Ismt has an authorised share capital of ₹158.5 Cr and a paid-up capital of ₹150.25 Cr.
Ismt reported a net profit of ₹87.74 Cr (net margin 3.4%) and EBITDA of ₹228.85 Cr (EBITDA margin 8.8%) for FY 2023, as per its filed financial statements.
The GSTIN of Ismt is 27AAACJ9917A1ZP, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.