Kanika Ispat Private Limited
About Kanika Ispat Private Limited
Data last updated:
Kanika Ispat Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 03 April 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U27104KA2009PTC049531. Its GSTIN is 29AADCK6357L1ZY (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹36 Lakh. It is led by directors including Subash Chand Goel and Mohit Goel.
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 506 Barton Centre No:84 M G Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2025, the company reported a revenue of ₹209.54 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net profit of ₹18.2 Lakh (net margin 0.1%) and EBITDA of ₹1.32 Cr (EBITDA margin 0.6%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 19% over five years.
As per MCA filings, the company has open charges of ₹10 Cr and satisfied charges of ₹9.68 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 2 deals on record (1 secondary share transfer, 1 funding round), with disclosed funding of ₹35 Lakh; the latest was in February 2016. Its 3 peer companies in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 1 smaller; the largest is Starlight Ispat Private Limited with revenue of ₹211.49 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Kanika Ispat Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address506 Barton Centre No:84 M G Road, Bangalore, Karnataka, India – 560001
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Kanika Ispat 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 Kanika Ispat 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 Kanika Ispat Private Limited, buy the company report.
Financials of Kanika Ispat Private Limited
FY 2025 filings availableKanika Ispat Private Limited reported revenue of ₹209.54 Cr (down 36% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 36% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 19%. EBITDA fell 51% 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 | ₹1.32 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹18.2 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.6% | ||||
| Net Profit Margin | 0.1% | ||||
| 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 Kanika Ispat Private Limited, buy the company report.
Board of directors of Kanika Ispat Private Limited
Kanika Ispat has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subash Chand Goel | Director | 03 Apr 2009 | 17 Years 7 Months | Current |
| Mohit Goel | Director | 20 Dec 2023 | 2 Years 10 Months | Current |
| Rohit Goel | Director | 03 Apr 2009 | 17 Years 7 Months | Current |
Peer comparison
Kanika Ispat Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Starlight Ispat Private Limited | ₹211.49 Cr (FY 2025) | 1.0% | Kolkata, West Bengal, India | |||
| Hempshier Steel Private Limited | ₹209.96 Cr (FY 2025) | 0.0% | Mumbai, Maharashtra, India | |||
| Kanika Ispat Private Limitedthis company | ₹209.54 Cr (FY 2025) | ₹18.2 Lakh | 0.1% | -36.0% | Bangalore, Karnataka, India | |
| NLB Steels Private Limited | ₹206.27 Cr (FY 2025) | -11.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Kanika Ispat Private Limited, buy the company report.
Auditor
Kanika Ispat Private Limited is audited by S.P. GUPTA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.P. GUPTA & CO. | FY 2023 | 050059S |
Shareholding
The shareholding of Kanika Ispat 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 Kanika Ispat Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Aug 2014 | 10515387 | Axis Bank Limited | ₹10 Cr | Open | |
| 10 Jan 2014 | 10478257 | Kotak Mahindra Prime Limited | ₹9.68 Lakh | Satisfied |
To see the full charge records of Kanika Ispat Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Kanika Ispat Private Limited has 2 deals on record (1 secondary share transfer, 1 funding round), with disclosed funding of ₹35 Lakh; the latest was in February 2016.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2016 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2014 | Funding round | ₹35 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Kanika Ispat Private Limited has 1 court case on record: 1 filed by Kanika Ispat. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against M/S MPK Ispat (I) Pvt Ltd and 3 others | Disposed |
To see the full case history of Kanika Ispat 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 Kanika Ispat Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kanika Ispat has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCK6357L1ZY | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kanika Ispat Private Limited, buy the company report.
Recent activity
Kanika Ispat Private Limited has 7 board changes on record since 2009: 3 appointments and 4 cessations. The latest: Mukta Goel ceased to be Director on 29 Jan 2024.
2 earlier events are in the company report.
Frequently asked questions
Kanika Ispat is an active private limited company based in Bangalore, Karnataka, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 03 April 2009 (17+ years old) and is registered under CIN U27104KA2009PTC049531.
Kanika Ispat has 3 current directors:
- Subash Chand Goel - Director
- Mohit Goel - Director
- Rohit Goel - Director
The latest financial statements of Kanika Ispat 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 Kanika Ispat is 29AADCK6357L1ZY, registered in Karnataka.
The CIN (Corporate Identification Number) of Kanika Ispat is U27104KA2009PTC049531. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kanika Ispat has 1 court case on record: 1 filed by the company.
Kanika Ispat was incorporated on 03 April 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
Kanika Ispat has 2 deals on record (1 secondary share transfer, 1 funding round), with disclosed funding of ₹35 Lakh; the latest was in February 2016.
The peers of Kanika Ispat by revenue are Starlight Ispat Private Limited, Hempshier Steel Private Limited, NLB Steels Private Limited, all in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading).
Mukta Goel ceased to be Director on 29 Jan 2024. Mohit Goel was appointed as Director on 20 Dec 2023. Anita Goel ceased to be Director on 20 Aug 2019. Kanika Ispat has 7 board changes on record in total.
The registered office of Kanika Ispat is at 506 Barton Centre No:84 M G Road, Bangalore, Karnataka, India – 560001.
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.
