About Ispt India Private Limited
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Ispt India Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India, a subsidiary of Ispt Llc. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 10 February 2015.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U28910TZ2015PTC021110. Its GSTIN is 33AADCI8056N1Z7 (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Indoshell Precision Technologies India Private Limited. It is led by directors Ramki Ramakrishnen and Obliswamynaidu Suresh.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Coimbatore, Tamil Nadu.
As per the financials filed for FY 2023, the company reported a revenue of ₹9.59 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹77.93 Lakh (net margin 8.1%) and EBITDA of ₹2.54 Cr (EBITDA margin 26.5%). Revenue has declined at a compounded annual rate (CAGR) of 64% over three years and 2% over five years.
The company has about 29 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹11.66 Cr and satisfied charges of ₹20.56 Cr on record. Court records list 30 cases involving the company, including 16 filed by the company and 14 filed against it; 11 cases are pending.
The last known website on record is isptglobal.com.
Company details
Contact details
Ispt India Private Limited's registered office is in Coimbatore, Tamil Nadu. Its website is isptglobal.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1/490R Sf No.186/2 Anna Nagar Road Near Kathir College Ne, Elambur, Coimbatore, Tamil Nadu, India – 641026
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of Ispt India 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 Ispt India 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 Ispt India Private Limited, buy the company report.
Financials of Ispt India Private Limited
FY 2023 filings availableIspt India Private Limited reported revenue of ₹9.59 Cr (up 186% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 186% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA rose 634% 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 | ₹9.59 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹2.54 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹77.93 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 26.5% | ||||
| Net Profit Margin | 8.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Ispt India Private Limited, buy the company report.
Board of directors of Ispt India Private Limited
Ispt India 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 |
|---|---|---|---|---|
| Ramki Ramakrishnen | Director | 10 Feb 2015 | 11 Years 8 Months | As last reported |
| Obliswamynaidu Suresh | Additional Director | 20 Jan 2025 | 1 Years 9 Months | As last reported |
Peer comparison
Ispt India Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| B.D. Hardwares Private Limited | ₹9.6 Cr (FY 2024) | -16.0% | Jodhpur, Rajasthan, India | |||
| Adinath Grinding Mills Private Limited | ₹9.59 Cr (FY 2025) | 30.0% | Ajmer, Rajasthan, India | |||
| HM Aluminium Alloys Private Limited | ₹9.59 Cr (FY 2025) | 16.0% | Jaipur, Rajasthan, India | |||
| Ig Steel Private Limited | ₹9.59 Cr (FY 2024) | -15.0% | Bhavnagar, Gujarat, India | |||
| Ispt India Private Limitedthis company | ₹9.59 Cr (FY 2023) | ₹77.93 Lakh | 8.1% | 186.0% | 29 | Coimbatore, Tamil Nadu, India |
| Api Metals & Forge Private Limited | ₹9.51 Cr (FY 2024) | Ambarnath, Maharashtra, India | ||||
| Aseem Technologies Private Limited | ₹9.5 Cr (FY 2025) | 16.0% | Madhya Pradesh, India |
To see the full peer comparison of Ispt India Private Limited, buy the company report.
Auditor
Ispt India Private Limited is audited by SHYAMSARAN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHYAMSARAN & ASSOCIATES | FY 2023 | 071503S |
Shareholding
The shareholding of Ispt India 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 Ispt India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Dec 2021 | 100550315 | Others | ₹64.21 Lakh | Open | |
| 16 Dec 2021 | 100550307 | Others | ₹40 Lakh | Open | |
| 30 May 2020 | 100338186 | Others | ₹1.8 Cr | Open | |
| 30 Oct 2018 | 100222254 | Others | ₹8.82 Cr | Open | |
| 12 Jan 2018 | 100184425 | Others | ₹1.6 Cr | Satisfied |
To see the full charge records of Ispt India Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Ispt India Private Limited has 30 court cases on record: 16 filed by Ispt India, 14 filed against it. 11 cases are pending and 19 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 11 | 3 |
| High courts | 11 | 0 | 6 |
| NCLAT | 3 | 3 | 2 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 30)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Interim or miscellaneous application | Filed by the company against Tamil Nadu Transmission Corporation Limited (Tantransco) and 2 others | Disposed |
| District court, Coimbatore, Tamil Nadu | Court case (COS) | Filed against the company by Indo Shell Mould Limited | Disposed |
| District court, Coimbatore, Tamil Nadu | Civil suit | Filed against the company by Hemant Tools Private Limited | Disposed |
| NCLT, Chennai | Insolvency matter | Filed by the company against Indo Shell Mould Limited | Disposed |
| District court, Coimbatore, Tamil Nadu | Civil suit | Filed against the company by Indo Shell Mould Limited | Disposed |
To see the full case history of Ispt India 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 Ispt India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ispt India Private Limited has a workforce of 29 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Ispt India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCI8056N1Z7 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ispt India Private Limited, buy the company report.
Recent activity
Ispt India Private Limited has 14 board changes on record since 2015: 6 appointments and 8 cessations. The latest: Chinnasamy Paraneetharan ceased to be Director on 24 Feb 2025.
29 earlier events are in the company report.
Frequently asked questions
Ispt India is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Ispt India is a company under insolvency, formerly operating as a private limited company based in Coimbatore, Tamil Nadu, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 10 February 2015 and is registered under CIN U28910TZ2015PTC021110. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Ispt India has 2 current directors:
- Ramki Ramakrishnen - Director
- Obliswamynaidu Suresh - Additional Director
The latest financial statements of Ispt India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Ispt India is U28910TZ2015PTC021110. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ispt India has open charges of ₹11.66 Cr and satisfied charges of ₹20.56 Cr as per latest MCA filings.
Ispt India has 30 court cases on record: 16 filed by the company and 14 filed against it. 11 are pending. Most are in the district courts.
Ispt India was incorporated on 10 February 2015. It is registered with the Registrar of Companies, Coimbatore.
The peers of Ispt India by revenue are B.D. Hardwares Private Limited, Adinath Grinding Mills Private Limited, HM Aluminium Alloys Private Limited, Ig Steel Private Limited, Api Metals & Forge Private Limited and 1 more, all in the Metals and Minerals industry (Metals), with the same principal business activity (metal and metal products).
Chinnasamy Paraneetharan ceased to be Director on 24 Feb 2025. Devarajan ceased to be Director on 24 Feb 2025. Kumaresan ceased to be Director on 24 Feb 2025. Ispt India has 14 board changes on record in total.
Ispt India can be reached through the website isptglobal.com. Its registered office is in Coimbatore, Tamil Nadu, India.
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