
Ispat Associates Private Limited
About Ispat Associates Private Limited
Data last updated:
Ispat Associates Private Limited is a private limited company based in Baripada, Odisha, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 16 October 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U51430OR2009PTC011231. Its GSTIN is 21AACCI1534J1Z0 (Odisha).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹40.6 Lakh. It is led by directors Sunil Kuimar Agarwalla and Tulsiram Agarwalla.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Palbani, Baripada, Odisha, India – 757001.
As per the financials filed for FY 2020, the company reported a revenue of ₹11.35 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹36.67 Lakh (net margin 3.2%) and EBITDA of ₹49.61 Lakh (EBITDA margin 4.4%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 4% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ispat Associates Private Limited's registered office is in Baripada, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPalbani, Baripada, Odisha, India – 757001
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Ispat Associates 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 Ispat Associates is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Ispat Associates Private Limited, buy the company report.
Financials of Ispat Associates Private Limited
FY 2020 filings availableIspat Associates Private Limited reported revenue of ₹11.35 Cr (down 26% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 26% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹11.35 Cr | ||||
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| Total Expenses | |||||
| EBITDA | ₹49.61 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹36.67 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.4% | ||||
| Net Profit Margin | 3.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ispat Associates Private Limited, buy the company report.
Board of directors of Ispat Associates Private Limited
Ispat Associates has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Kuimar Agarwalla Also directs: Shree Kamdhenu Agrobased Industries Private Limited | Director | 16 Oct 2009 | 17 Years 0 Months | Current |
| Tulsiram Agarwalla | Director | 16 Oct 2009 | 17 Years 0 Months | Current |
Peer comparison
Ispat Associates Private Limited is compared with the 6 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kali Maa Forge & Fitting Engineering Private Limited | ₹11.49 Cr (FY 2025) | -15.0% | Ahmedabad, Gujarat, India | |||
| Tigerish Trading Private Limited | ₹11.45 Cr (FY 2023) | 24.0% | Mumbai, Maharashtra, India | |||
| Karnavati Commercial Private Limited | ₹11.39 Cr (FY 2025) | -8.0% | Ahmedabad, Gujarat, India | |||
| Ispat Associates Private Limitedthis company | ₹11.35 Cr (FY 2020) | ₹36.67 Lakh | 3.2% | -26.0% | Baripada, Odisha, India | |
| Kakda Construction & Manufacturers Pvt Ltd | ₹11.35 Cr (FY 2025) | -69.0% | Bhopal, Madhya Pradesh, India | |||
| Jagdhatri Consultants Private Limited | ₹11.32 Cr (FY 2023) | -22.0% | Kolkata, West Bengal, India | |||
| Bubna Venture Private Limited | ₹11.31 Cr (FY 2025) | 58.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Ispat Associates Private Limited, buy the company report.
Auditor
Ispat Associates Private Limited is audited by MATRUDUTTA DAS & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MATRUDUTTA DAS & CO | FY 2020 | 324109E |
Shareholding
The shareholding of Ispat Associates Private Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ispat Associates Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ispat Associates 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 Ispat Associates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ispat Associates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AACCI1534J1Z0 | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ispat Associates Private Limited, buy the company report.
Recent activity
Ispat Associates Private Limited has 2 board changes on record since 2009: 2 appointments. The latest: Sunil Kuimar Agarwalla was appointed as Director on 16 Oct 2009.
Frequently asked questions
Ispat Associates is an active private limited company based in Baripada, Odisha, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 16 October 2009 (17+ years old) and is registered under CIN U51430OR2009PTC011231.
Ispat Associates has 2 current directors:
- Sunil Kuimar Agarwalla - Director
- Tulsiram Agarwalla - Director
The latest financial statements of Ispat Associates on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Ispat Associates is 21AACCI1534J1Z0, registered in Odisha.
The CIN (Corporate Identification Number) of Ispat Associates is U51430OR2009PTC011231. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ispat Associates was incorporated on 16 October 2009, making it 17+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Ispat Associates by revenue are Kali Maa Forge & Fitting Engineering Private Limited, Tigerish Trading Private Limited, Karnavati Commercial Private Limited, Kakda Construction & Manufacturers Pvt Ltd, Jagdhatri Consultants Private Limited and 1 more, all in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading).
Sunil Kuimar Agarwalla was appointed as Director on 16 Oct 2009. Tulsiram Agarwalla was appointed as Director on 16 Oct 2009.
The registered office of Ispat Associates is at Palbani, Baripada, Odisha, India – 757001.
Ispat Associates operates in the metals and minerals industry, in the metal retail and distribution segment.
The compliance status of Ispat Associates is compliant as of 11 September 2026. The company is actively filing with the Registrar of Companies.

