MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MP-17-0001908
Kesar Ispat Limited
Kesar Ispat Limited - metals and minerals in Pithampur, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹10.01 Cr
▼ 54% YoY
Net loss · FY 2024
₹1.43 Cr
Net margin -14.2%
EBITDA · FY 2024
₹50.76 Lakh
EBITDA margin 5.1%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.86 Cr
Issued & subscribed
Open charges
₹9.34 Cr
Satisfied ₹18.6 Cr
Company age
18 yrs
Est. 2008
Employees · EPFO
7
Provident fund records
About Kesar Ispat Limited
Data last updated:
Kesar Ispat Limited is a public limited company based in Pithampur, Madhya Pradesh, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 30 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U27107MP2008PLC020650. Its GSTIN is 23AADCT4837C1ZN (Madhya Pradesh).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.86 Cr. It was formerly known as Taneja Ispat Limited. It is led by directors including Madhu Jain and Saurabh Jain.
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 Plot No. 619 – 621 Secror III, Pithampur, Madhya Pradesh, India – 454774.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.01 Cr, a decline of 54% compared to the previous year. For the same year it recorded a net loss of ₹1.43 Cr (net margin -14.2%) and EBITDA of ₹50.76 Lakh (EBITDA margin 5.1%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years and 32% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹9.34 Cr and satisfied charges of ₹18.6 Cr on record. Court records list 3 cases involving the company, including 3 filed against it.
Kesar Ispat Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-17-0001908). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U27107MP2008PLC020650
Registration Number 020650
Incorporation Date 30 April 2008
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MP-17-0001908
Recognitions & Rankings of Kesar Ispat
Contact details
Kesar Ispat Limited's registered office is in Pithampur, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 619 – 621 Secror III, Pithampur, Madhya Pradesh, India – 454774
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Kesar Ispat Limited, buy the company report.
Comprehensive company report
Kesar Ispat Limited - one report that includes everything
- 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
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Business activity
The main business activity of Kesar Ispat 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 Kesar Ispat Limited, buy the company report.
Financials of Kesar Ispat Limited
FY 2025 filings availableKesar Ispat Limited reported revenue of ₹10.01 Cr (down 54% YoY) for FY 2024.
Revenue · FY 2024
₹10.01 Cr ▼ 54%
Net loss · FY 2024
₹1.43 Cr margin -14.2%
EBITDA · FY 2024
₹50.76 Lakh margin 5.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 54%
3 years · compounded
▼ 42%
5 years · compounded
▼ 32%
EBITDA CAGR growth
1 year
▼ 75%
3 years · compounded
▼ 48%
5 years · compounded
▼ 28%
Revenue has declined at a compounded annual rate (CAGR) of 32% over five years, including a 54% fall in the latest year. EBITDA fell 75% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹50.76 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.43 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.1% | ||||
| Net Profit Margin | -14.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Quick Ratio | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Kesar Ispat Limited, buy the company report.
Board of directors of Kesar Ispat Limited
Kesar Ispat has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhu Jain Also directs: Gangwal Industries Private Limited | Director | 25 Jun 2024 | 2 Years 4 Months | Current |
| Saurabh Jain | Director | 23 Dec 2017 | 8 Years 10 Months | Current |
| Sonam Jain | Director | 23 Dec 2017 | 8 Years 10 Months | Current |
Auditor
Kesar Ispat Limited is audited by Harish Khandelwal & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Harish Khandelwal & Co. | FY 2023 | 004116C |
Shareholding
The shareholding of Kesar Ispat 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 Kesar Ispat Limited, buy the company report.
Charges & borrowings
Open charges
₹9.34 Cr
Satisfied charges
₹18.6 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Sep 2023 | 100795805 | Hdfc Bank Limited | ₹9 Lakh | Open | |
| 10 Mar 2023 | 100691754 | Indian Overseas Bank | ₹9.25 Cr | Open | |
| 19 Jul 2014 | 10513578 | Indian Overseas Bank | ₹18.6 Cr | Satisfied |
To see the full charge records of Kesar Ispat Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Kesar Ispat Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Total cases
3
Filed against the company
3
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Indore, Madhya Pradesh | Court case (MACC) | Filed against the company by an individual | Disposed |
| District court, Indore, Madhya Pradesh | Court case (MACC) | Filed against the company by an individual | Disposed |
| District court, Dhar, Madhya Pradesh | Court case (SC NIA) | Filed against the company by Sneh Silicate Ltd.C/O.Vikesh | Disposed |
To see the full case history of Kesar Ispat 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 Kesar Ispat Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kesar Ispat Limited has a workforce of 7 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
7
Active EPFO establishments
1
Employee growth
-22.22%
GST
Kesar Ispat has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AADCT4837C1ZN | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kesar Ispat Limited, buy the company report.
Recent activity
Kesar Ispat Limited has 15 board changes on record since 2012: 3 appointments and 12 cessations. The latest: Madhu Jain was appointed as Director on 25 Jun 2024.
AGM
Kesar Ispat Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Kesar Ispat Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Appointed
Madhu Jain was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.09 Cr with Charge ID 100795805 was registered on 25 Sep 2023.
Charges
A charge with Indian Overseas Bank amounted to Rs. 9.25 Cr with Charge ID 100691754 was registered on 10 Mar 2023.
Charges
A charge registered on 19 Jul 2014 via Charge ID 10513578 with Indian Overseas Bank was fully satisfied on 06 Feb 2023.
Charges
A charge with Indian Overseas Bank of Rs. 18.60 Cr registered on 19 Jul 2014 with Charge ID 10513578 was modified on 26 Mar 2019.
Ceased
Bhagwan Das Jagetia ceased to be Additional Director.
Ceased
Saurabh Jain ceased to be Additional Director.
Ceased
Sonam Jain ceased to be Additional Director.
Ceased
Aashish Jain ceased to be Director.
Ceased
Ashok Kumar Jain ceased to be Director.
11 earlier events are in the company report.
Frequently asked questions
Kesar Ispat is an active public limited company based in Pithampur, Madhya Pradesh, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 30 April 2008 (18+ years old) and is registered under CIN U27107MP2008PLC020650.
Kesar Ispat has 3 current directors:
- Madhu Jain - Director
- Saurabh Jain - Director
- Sonam Jain - Director
The latest financial statements of Kesar 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 Kesar Ispat is 23AADCT4837C1ZN, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Kesar Ispat is U27107MP2008PLC020650. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kesar Ispat has 3 court cases on record: 3 filed against it.
Kesar Ispat was incorporated on 30 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Gwalior.
Madhu Jain was appointed as Director on 25 Jun 2024. Bhagwan Das Jagetia ceased to be Additional Director on 29 Sep 2018. Saurabh Jain ceased to be Additional Director on 29 Sep 2018. Kesar Ispat has 15 board changes on record in total.
Yes, Kesar Ispat is registered as a small enterprise under Udyam registration (number: UDYAM-MP-17-0001908).
The registered office of Kesar Ispat is at Plot No. 619 – 621 Secror III, Pithampur, Madhya Pradesh, India – 454774.
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