About Ispat Damodar Private Limited
Data last updated:
Ispat Damodar Private Limited is a private limited company based in Circus Avenue, West Bengal, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 08 April 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74140WB1996PTC079124. Its GSTIN is 19AABCB1228R1ZE (West Bengal). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹12.1 Cr and a paid-up capital of ₹9.08 Cr. It was formerly known as Brand Projects Ltd and Ispat Damodar Limited. It is led by directors Arup Majee and Sumita Majee.
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 Circus Avenue, West Bengal.
As per the financials filed for FY 2025, the company reported a revenue of ₹440.9 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹1.63 Cr (net margin 0.4%) and EBITDA of ₹18.85 Cr (EBITDA margin 4.3%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 17% over five years.
The company has about 524 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹93.19 Cr and satisfied charges of ₹298.06 Cr on record. Court records list 51 cases involving the company, including 37 filed by the company and 14 filed against it; 8 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website damodaargroups.com.
Company details
Name history
Ispat Damodar has undergone 2 name changes throughout its history. The company was previously known as Brand Projects Ltd, and Ispat Damodar Limited. The current legal name is Ispat Damodar Private Limited.
| Company Name | Status |
|---|---|
| Ispat Damodar Private Limited | Current |
| Brand Projects Ltd | Previous |
| Ispat Damodar Limited | Previous |
CIN history
Ispat Damodar has one previous CIN (Corporate Identification Number): U74140WB1996PLC079124. The current CIN is U74140WB1996PTC079124, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140WB1996PTC079124 | Current |
| U74140WB1996PLC079124 | Previous |
Contact details
Ispat Damodar Private Limited's registered office is in Circus Avenue, West Bengal. Its website is damodaargroups.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address8 Camac Street Shantiniketan Building, 4th Floor 8 Unit, Circus Avenue, West Bengal, India – 700017
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Ispat Damodar 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 Damodar 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 Ispat Damodar Private Limited, buy the company report.
Financials of Ispat Damodar Private Limited
FY 2025 filings availableIspat Damodar Private Limited reported revenue of ₹440.9 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 8% growth in the latest year. EBITDA rose 3% 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 |
|---|---|---|---|---|---|
| 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 | ₹18.85 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.63 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.3% | ||||
| Net Profit Margin | 0.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Ispat Damodar Private Limited, buy the company report.
Board of directors of Ispat Damodar Private Limited
Ispat Damodar 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 |
|---|---|---|---|---|
| Arup Majee Also directs: Mark Enclave Private Limited, Majee Iron & Minerals Private Limited, Jai Shree Ambhay Industries Private Limited and 2 more | Director | 03 Jan 2019 | 7 Years 9 Months | Current |
| Sumita Majee | Director | 19 Jul 2022 | 4 Years 3 Months | Current |
Peer comparison
Ispat Damodar Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Shera Metal Private Limited | ₹451.03 Cr (FY 2025) | 53.0% | Jaipur, Rajasthan, India | |||
| Jajoo Rashmi Refractories Limited | ₹450.07 Cr (FY 2025) | 33.0% | Jaipur, Rajasthan, India | |||
| Venus Alloys Pvt Ltd | ₹448.68 Cr (FY 2025) | -15.0% | Mandsaur, Madhya Pradesh, India | |||
| Ispat Damodar Private Limitedthis company | ₹440.9 Cr (FY 2025) | ₹1.63 Cr | 0.4% | 8.0% | 524 | Circus Avenue, West Bengal, India |
| Sant Aluminium Private Limited | ₹440.02 Cr (FY 2025) | 9.0% | New Delhi, Delhi, India | |||
| Harit Polytech Private Limited | ₹440 Cr (FY 2025) | 12.0% | Bagru, Rajasthan, India | |||
| Leebo Metals Private Limited | ₹438.29 Cr (FY 2025) | 25.0% | Maharashtra, India | |||
| Skytech Rolling Mill Private Limited | ₹435.53 Cr (FY 2025) | 31.0% | Mumbai, Maharashtra, India | |||
| Guru Rajendra Metalloys India Private Limited | ₹435.21 Cr (FY 2025) | -17.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Ispat Damodar Private Limited, buy the company report.
Auditor
Ispat Damodar Private Limited is audited by GORA & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GORA & Co. | FY 2023 | 0330091E |
Shareholding
The shareholding of Ispat Damodar 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 Ispat Damodar Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Aug 2025 | 101144887 | Others | ₹30 Lakh | Open | |
| 10 Dec 2024 | 101020711 | Others | ₹11.61 Lakh | Open | |
| 10 Dec 2024 | 101021229 | Others | ₹15.62 Lakh | Open | |
| 22 Nov 2024 | 101016881 | Others | ₹1.4 Cr | Open | |
| 13 May 2004 | 80039996 | State Bank of India | ₹91.22 Cr | Open |
To see the full charge records of Ispat Damodar Private Limited, buy the company report.
Total charge records: 38 View all charges
Legal cases
Ispat Damodar Private Limited has 51 court cases on record: 37 filed by Ispat Damodar, 14 filed against it. 8 cases are pending and 43 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 34 | 6 | 7 |
| District courts | 15 | 6 | 1 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 51)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Paschim Bardhaman, West Bengal | Interim or miscellaneous application | Filed by the company against Carbon Resources Private Limited | Disposed |
| Calcutta High Court | Court case (AP-COM) | Filed by the company against Carbon Resources Private Limited | Disposed |
| High Court, West Bengal | Court case (FMAT) | Filed against the company by Carbon Resources Pvt Ltd | Disposed |
| District court, Paschim Bardhaman, West Bengal | Interim or miscellaneous application | Filed against the company by Carbon Resources Private Limited | Disposed |
| High Court, West Bengal | Arbitration matter | Filed by the company against Carbon Resources Private Limited | Disposed |
To see the full case history of Ispat Damodar 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
Ispat Damodar Private Limited was last rated by Crisil on 25 Feb 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 25 Feb 2020 |
To see the full credit ratings and regulatory alerts of Ispat Damodar Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ispat Damodar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ispat Damodar Private Limited has a workforce of 524 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Ispat Damodar has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCB1228R1ZE | West Bengal | Active | 01 Jul 2017 |
| 19AABCB1228R1DN | West Bengal | Active | 04 Nov 2024 |
To see the full GST registrations and return filing status of Ispat Damodar Private Limited, buy the company report.
Recent activity
Ispat Damodar Private Limited has 8 board changes on record since 2007: 2 appointments and 6 cessations. The latest: Vikas Bansal ceased to be Director on 07 Oct 2022.
74 earlier events are in the company report.
Frequently asked questions
Ispat Damodar is an active private limited company based in Circus Avenue, West Bengal, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 08 April 1996 (30+ years old) and is registered under CIN U74140WB1996PTC079124.
Ispat Damodar has 2 current directors:
- Arup Majee - Director
- Sumita Majee - Director
The latest financial statements of Ispat Damodar 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 Ispat Damodar is 19AABCB1228R1ZE, registered in West Bengal. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 19AABCB1228R1DN (West Bengal).
The CIN (Corporate Identification Number) of Ispat Damodar is U74140WB1996PTC079124. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ispat Damodar has 51 court cases on record: 37 filed by the company and 14 filed against it. 8 are pending. Most are in the high courts.
Ispat Damodar was incorporated on 08 April 1996, making it 30+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Ispat Damodar by revenue are Shera Metal Private Limited, Jajoo Rashmi Refractories Limited, Venus Alloys Pvt Ltd, Sant Aluminium Private Limited, Harit Polytech Private Limited and 3 more, all in the Metals and Minerals industry (Metals), with the same principal business activity (metal and metal products).
Vikas Bansal ceased to be Director on 07 Oct 2022. Sumita Majee was appointed as Director on 19 Jul 2022. Satpal Bansal ceased to be Director on 11 Jan 2021. Ispat Damodar has 8 board changes on record in total.
Ispat Damodar can be reached through the website damodaargroups.com. Its registered office is in Circus Avenue, West Bengal, India.
The registered office of Ispat Damodar is at 8 Camac Street Shantiniketan Building, 4th Floor 8 Unit, Circus Avenue, West Bengal, India – 700017.
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.
