About Ispat Infrastructure (India) Limited
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Ispat Infrastructure (India) Limited is a public limited company based in Navi Mumbai, Maharashtra, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 19 December 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45203MH2000PLC130118. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹14 Cr. It was formerly known as Ispat Infrastructure (India) Private Limited. It is led by directors including Kapil Ravi Ghai (Managing Director) and Nikhil Ravi Ghai (Whole-Time Director).
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 470 Central Facility Bldg. No. 2 Apmc Market – Iip Phase – II Sector – 19 Vashi, Navi Mumbai, Maharashtra, India – 400705.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.19 Lakh, a decline of 88% compared to the previous year. For the same year it recorded a net loss of ₹17.37 Lakh and EBITDA of -₹17.37 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 51% over three years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.51 Cr and satisfied charges of ₹46.64 Cr on record. Court records list 52 cases involving the company, including 6 filed by the company and 28 filed against it; 5 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website iiipl.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address470 Central Facility Bldg. No. 2 Apmc Market – Iip Phase – II Sector – 19 Vashi, Navi Mumbai, Maharashtra, India – 400705
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
- 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 Ispat Infrastructure (India) Limited
The main business activity of Ispat Infrastructure (India) is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated 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 Ispat Infrastructure (India) Limited FY 2025 filings available
Ispat Infrastructure (India) Limited reported revenue of ₹1.19 Lakh (down 88% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ispat Infrastructure (India) Limited
Revenue has declined at a compounded annual rate (CAGR) of 51% over three years, including a 88% fall in the latest year. EBITDA rose 89% 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 Ispat Infrastructure (India) Limited
| 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 | -₹17.37 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹17.37 Lakh | •••• | •••• | •••• | •••• |
| 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 Ispat Infrastructure (India) Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Ispat Infrastructure (India) 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.
Peer Comparison of Ispat Infrastructure (India) Limited
Ispat Infrastructure (India) Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Alpic Engineers Private Limited | ₹1.27 Lakh (FY 2023) | •••• | •••• | -97.0% | •••• | Delhi, India |
| Fata Hunter India Private Limited | ₹1.26 Lakh (FY 2021) | •••• | •••• | -37.0% | •••• | New Delhi, Delhi, India |
| Geometrix Weldtech India Private Limited | ₹1.25 Lakh (FY 2021) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Madhusudan Worldwide Private Limited | ₹1.21 Lakh (FY 2025) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Jai Bhavani Services and Manufacturing Private Limited | ₹1.2 Lakh (FY 2025) | •••• | •••• | •••• | Belthangady, Karnataka, India | |
| Ispat Infrastructure (India) Limited this company | ₹1.19 Lakh (FY 2025) | •••• | •••• | -88.0% | •••• | Navi Mumbai, Maharashtra, India |
| Torsolo Tech Private Limited | ₹1.19 Lakh (FY 2024) | •••• | •••• | 118.0% | •••• | Aurangabad, Maharashtra, India |
| Summas Traders & Engineers Pvt Ltd. | ₹1.18 Lakh (FY 2025) | •••• | •••• | -95.0% | •••• | Kolkata, West Bengal, India |
| Kamra Events & Exhibits Private Limited | ₹1.17 Lakh (FY 2022) | •••• | •••• | -82.0% | •••• | Mumbai, Maharashtra, India |
| Tech Fog Private Limited | ₹1.16 Lakh (FY 2025) | •••• | •••• | 9870.0% | •••• | New Delhi, Delhi, India |
| Beta Commotrade Private Limited | ₹1.13 Lakh (FY 2024) | •••• | •••• | 62.0% | •••• | Bengaluru, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Ispat Infrastructure (India) by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), 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 Ispat Infrastructure (India) Limited
Ispat Infrastructure (India) Limited is audited by M/s N K SHAH & ASSOCIATE for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M/s N K SHAH & ASSOCIATE | 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.
Board of Directors of Ispat Infrastructure (India) Limited
Ispat Infrastructure (India) has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Ravi Ghai Also directs: Icaro Machines (India) Private Limited, Dhiren Electronics Pvt Ltd, Mast Climber Equipement India Private Limited and 1 more | Whole-Time Director | 19 Dec 2000 | 25 Years 9 Months | Current |
| Ashish Ravinder Ghai Also directs: Icaro Machines (India) Private Limited, Dhiren Electronics Pvt Ltd, Mast Climber Equipement India Private Limited and 2 more | Whole-Time Director | 19 Dec 2000 | 25 Years 9 Months | Current |
| Kapil Ravi Ghai | Managing Director | 19 Dec 2000 | 25 Years 9 Months | Current |
Ownership and Shareholding of Ispat Infrastructure (India) 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 Ispat Infrastructure (India) Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 May 2024 | Others | ₹2.51 Cr | Open |
| 20 Oct 2007 | Others | ₹46.64 Cr | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Ispat Infrastructure (India) Limited
Ispat Infrastructure (India) Limited has 52 court cases on record: 6 filed by Ispat Infrastructure (India), 28 filed against it, 18 where it is another party. 5 cases are pending and 47 are disposed. Status as checked between 28 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 32 | 17 | 1 |
| High courts | 20 | 11 | 4 |
Cases on record (5 of 52)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (NMA) | Filed by the company against Union Roadways Ltd. | Disposed |
| Bombay High Court | Court case (APP) | Filed by the company against Union Roadways Ltd. | Disposed |
| Bombay High Court | Court case (CHOL) | Filed against the company by Union Roadways Ltd. | Disposed |
| Bombay High Court | Appeal | Filed against the company by Union Roadways Ltd. | Disposed |
| Bombay High Court | Company petition | Filed against the company by Union Roadways Ltd. | Disposed |
Full case history
All 52 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.
Employees and EPFO Compliance at Ispat Infrastructure (India) Limited
Ispat Infrastructure (India) Limited has a workforce of 8 employees as of Mar 27, 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.
CIN History of Ispat Infrastructure (India) Limited
Ispat Infrastructure (India) has one previous CIN (Corporate Identification Number): U45203MH2000PTC130118. The current CIN is U45203MH2000PLC130118, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45203MH2000PLC130118 | Current |
| U45203MH2000PTC130118 | Previous |
Recent Activity on Ispat Infrastructure (India) Limited
Ispat Infrastructure (India) Limited has 9 board changes on record since 2000: 3 appointments and 6 cessations. The latest: Mahera Saifudin Rangwala ceased to be Director on 01 Apr 2011.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ispat Infrastructure (India) 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.
MSME Payment Delays by Ispat Infrastructure (India) Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ispat Infrastructure (India) 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 Ispat Infrastructure (India) Limited
Ispat Infrastructure (India) has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Ispat Infrastructure (India) 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.
Frequently Asked Questions about Ispat Infrastructure (India) Limited
Ispat Infrastructure (India) is an active public limited company based in Navi Mumbai, Maharashtra, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 19 December 2000 (26+ years old) and is registered under CIN U45203MH2000PLC130118.
Ispat Infrastructure (India) reported revenue of ₹1.19 Lakh for FY 2025 (down 88% YoY).
Ispat Infrastructure (India) has 3 current directors:
- Kapil Ravi Ghai - Managing Director
- Nikhil Ravi Ghai - Whole-Time Director
- Ashish Ravinder Ghai - Whole-Time Director
Ispat Infrastructure (India) reported a net loss of ₹17.37 Lakh and EBITDA of -₹17.37 Lakh for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ispat Infrastructure (India) is -51% over three years. In the latest year (FY 2025) revenue fell 88%. CAGR is the steady yearly rate that links the first and the last year.
No. Ispat Infrastructure (India) has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Ispat Infrastructure (India) is U45203MH2000PLC130118. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ispat Infrastructure (India) has 52 court cases on record: 6 filed by the company and 28 filed against it. 5 are pending. Most are in the district courts.
Ispat Infrastructure (India) was incorporated on 19 December 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ispat Infrastructure (India) by revenue are Alpic Engineers Private Limited, Fata Hunter India Private Limited, Geometrix Weldtech India Private Limited, Madhusudan Worldwide Private Limited, Jai Bhavani Services and Manufacturing Private Limited and 5 more, all in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution).
Mahera Saifudin Rangwala ceased to be Director on 01 Apr 2011. John Joe Lobo ceased to be Additional Director on 29 Sep 2010. Sandeep Dagdu Shinde ceased to be Additional Director on 29 Sep 2010. Ispat Infrastructure (India) has 9 board changes on record in total.