Kapil Steels Ltd.
About Kapil Steels Ltd.
Data last updated:
Kapil Steels Ltd. is a public limited company based in Indore, Madhya Pradesh, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 19 February 1987.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U27105MP1987PLC003834. Its GSTIN is 23AABCK6548D2ZR (Madhya Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4.25 Cr and a paid-up capital of ₹2.4 Cr. It is led by directors including Subhash Kumar Jaiswal and Rupendra Jaiswal Kumar.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 101 To 103 Indore Trade Centre 2/3 South Tukoganj, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2017, the company reported a revenue of ₹9.87 Cr, a decline of 89% compared to the previous year. For the same year it recorded a net loss of ₹38.62 Cr (net margin -391.3%) and EBITDA of -₹33.4 Cr (EBITDA margin -338.4%).
As per MCA filings, the company has open charges of ₹52.36 Cr and satisfied charges of ₹25.31 Cr on record. Court records list 13 cases involving the company, including 3 filed by the company and 10 filed against it; 4 cases are pending.
Company details
Contact details
Kapil Steels Ltd.'s registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address101 To 103 Indore Trade Centre 2/3 South Tukoganj, Madhya Pradesh, India – 452001
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Kapil Steels Ltd., 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
Financials of Kapil Steels Ltd.
FY 2019 filings availableKapil Steels Ltd. reported revenue of ₹9.87 Cr (down 89% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 89% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹9.87 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹33.4 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹38.62 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -338.4% | ||
| Net Profit Margin | -391.3% | ||
| 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 Kapil Steels Ltd., buy the company report.
Board of directors of Kapil Steels Ltd.
Kapil Steels has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subhash Kumar Jaiswal Also directs: Millennium Structurals (India) Limited | Director | 25 Aug 2011 | 15 Years 2 Months | As last reported |
| Rupendra Jaiswal Kumar Also directs: Chirag Ingots Limited | Director | 17 Mar 2018 | 8 Years 7 Months | As last reported |
| Manish Malviya | Director | 21 Dec 2007 | 18 Years 10 Months | As last reported |
Peer comparison
Kapil Steels Ltd. is compared with the 10 companies closest to it by revenue in the Metals and Minerals industry (Steel), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mohan Super Alloys Private Limited | ₹9.95 Cr (FY 2024) | 10.0% | Chandigarh, India | |||
| STR Steel Private Limited | ₹9.92 Cr (FY 2024) | 122.0% | Chennai, Tamil Nadu, India | |||
| Bhakti Profile Tech Private Limited | ₹9.91 Cr (FY 2025) | 19.0% | Aurangabad, Maharashtra, India | |||
| Ugac Steels Private Limited | ₹9.89 Cr (FY 2025) | -26.0% | Nagpur, Maharashtra, India | |||
| Velankani Machine Craft Private Limited | ₹9.88 Cr (FY 2025) | 36.0% | Thane, Maharashtra, India | |||
| Kapil Steels Ltd.this company | ₹9.87 Cr (FY 2017) | -₹38.62 Cr | -391.3% | -89.0% | Indore, Madhya Pradesh, India | |
| Progressive Steel Processors Private Limited | ₹9.87 Cr (FY 2025) | -35.0% | Mumbai, Maharashtra, India | |||
| Gates Metal Experts Private Limited | ₹9.85 Cr (FY 2025) | 48.0% | Jalandhar, Punjab, India | |||
| Isani Steel Private Limited | ₹9.84 Cr (FY 2025) | -11.0% | Pune, Maharashtra, India | |||
| Sri Bhagirathi Steel Private Limited | ₹9.84 Cr (FY 2025) | 14.0% | Chennai, Tamil Nadu, India | |||
| S M Steels and Powver Limited | ₹9.82 Cr (FY 2025) | 265349.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Kapil Steels Ltd., buy the company report.
Auditor
Kapil Steels Ltd. is audited by C H PADLIYA & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C H PADLIYA & CO | FY 2017 | 003151C |
Shareholding
The shareholding of Kapil Steels Ltd. is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Kapil Steels Ltd., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Dec 2014 | 10542210 | Others | ₹1.96 Cr | Open | |
| 29 Jan 2013 | 10412315 | Hdfc Bank Limited | ₹40 Lakh | Open | |
| 12 Nov 2010 | 10252718 | Corporation Bank | ₹50 Cr | Open | |
| 16 May 2015 | 10576772 | Kotak Mahindra Prime Limited | ₹8.75 Lakh | Satisfied | |
| 24 Dec 2007 | 10079051 | L & T Finance Limited | ₹20 Cr | Satisfied |
To see the full charge records of Kapil Steels Ltd., buy the company report.
Total charge records: 13 View all charges
Legal cases
Kapil Steels Ltd. has 13 court cases on record: 3 filed by Kapil Steels, 10 filed against it. 4 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 4 |
| NCLT | 6 | 3 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed against the company by L and T Finance Limited | Pending |
| NCLT, Indore | Insolvency matter | Filed against the company by Om Coal Company Private Limited | Disposed |
| District court, Indore, Madhya Pradesh | Court case (SC NIA) | Filed against the company by an individual | Pending |
| District court, Indore, Madhya Pradesh | Court case (UN CR) | Filed against the company by M/S Bhtiya Global Trading Ltd. Through B.S. Chouhan | Pending |
| NCLT, Indore | Insolvency matter | Filed by the company | Disposed |
To see the full case history of Kapil Steels Ltd., 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 Kapil Steels Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kapil Steels Ltd. has 1 active EPFO establishment as of Apr 09, 2024.
GST
Kapil Steels has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AABCK6548D2ZR | Madhya Pradesh | Active | 07 Oct 2020 |
To see the full GST registrations and return filing status of Kapil Steels Ltd., buy the company report.
Recent activity
Kapil Steels Ltd. has 11 board changes on record since 2007: 3 appointments and 8 cessations. The latest: Rupendra Jaiswal Kumar ceased to be Additional Director on 30 Sep 2018.
31 earlier events are in the company report.
Frequently asked questions
Kapil Steels is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Kapil Steels is a company under liquidation, formerly operating as a public limited company based in Indore, Madhya Pradesh, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 19 February 1987 and is registered under CIN U27105MP1987PLC003834. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Kapil Steels has 3 current directors:
- Subhash Kumar Jaiswal - Director
- Rupendra Jaiswal Kumar - Director
- Manish Malviya - Director
The latest financial statements of Kapil Steels on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Kapil Steels is U27105MP1987PLC003834. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kapil Steels has open charges of ₹52.36 Cr and satisfied charges of ₹25.31 Cr as per latest MCA filings.
Kapil Steels has 13 court cases on record: 3 filed by the company and 10 filed against it. 4 are pending. Most are in the district courts.
Kapil Steels was incorporated on 19 February 1987. It is registered with the Registrar of Companies, Gwalior.
The peers of Kapil Steels by revenue are Mohan Super Alloys Private Limited, STR Steel Private Limited, Bhakti Profile Tech Private Limited, Ugac Steels Private Limited, Velankani Machine Craft Private Limited and 5 more, all in the Metals and Minerals industry (Steel).
Rupendra Jaiswal Kumar ceased to be Additional Director on 30 Sep 2018. Kishore Jaiswal ceased to be Managing Director on 17 Mar 2018. Rupendra Jaiswal Kumar was appointed as Director on 17 Mar 2018. Kapil Steels has 11 board changes on record in total.
The registered office of Kapil Steels is at 101 To 103 Indore Trade Centre 23 South Tukoganj, Madhya Pradesh, India – 452001.
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