Keyur Ispat Limited
About Keyur Ispat Limited
Data last updated:
Keyur Ispat Limited was a public limited company based in Sihor, Gujarat, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 31 August 1999.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27100GJ1999PLC146989. Its GSTIN is 24AABCK4045K1ZN (Gujarat).
The company had an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.19 Cr. It was led by directors including Gaurang Bhupatrai Shah and Smit Dharmendrabhai Shah.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at C/O Keyur Ispat, Vadiya Gam Sihor, Gujarat, India – 364240.
As per the financials filed for FY 2024, the company reported a revenue of ₹61.33 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹6.02 Lakh (net margin 0.1%) and EBITDA of ₹32.22 Lakh (EBITDA margin 0.5%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 1% over five years.
The company had about 2 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had open charges of ₹96.18 Cr on record. Court records list 13 cases involving the company, including 7 filed by the company and 6 filed against it; 2 cases are pending.
Company details
CIN history
Keyur Ispat has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U27100GJ1999PLC146989, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27100GJ1999PLC146989 | Current |
| L27100MH1999PLC121538 | Previous |
| U27100MH1999PLC121538 | Previous |
Contact details
Keyur Ispat Limited's registered office is in Sihor, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC/O Keyur Ispat, Vadiya Gam Sihor, Gujarat, India – 364240
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of Keyur Ispat 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 Keyur 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 Keyur Ispat Limited, buy the company report.
Financials of Keyur Ispat Limited
FY 2024 filings availableKeyur Ispat Limited reported revenue of ₹61.33 Cr (down 3% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 3% fall in the latest year. EBITDA fell 24% 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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| Total Expenses | |||||
| EBITDA | ₹32.22 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.02 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
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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 | 0.5% | ||||
| Net Profit Margin | 0.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Keyur Ispat Limited, buy the company report.
Board of directors of Keyur Ispat Limited
Keyur Ispat 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 |
|---|---|---|---|---|
| Gaurang Bhupatrai Shah Also directs: Padamavati Products Private Limited (TRF.) | Director | 27 Sep 2008 | 18 Years 1 Months | As last reported |
| Smit Dharmendrabhai Shah Also directs: Possitive Steel Association | Director | 19 Oct 2021 | 5 Years 0 Months | As last reported |
| Tejas Jaysukhlal Shah Also directs: Padamavati Products Private Limited (TRF.) | Director | 25 Aug 2016 | 10 Years 2 Months | As last reported |
Peer comparison
Keyur Ispat Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Sabari Alloys & Metals India Private Limited | ₹62.34 Cr (FY 2025) | 4.0% | Chennai, Tamil Nadu, India | |||
| Ned Metals Private Limited | ₹61.62 Cr (FY 2023) | -2.0% | Ludhiana, Punjab, India | |||
| Keyur Ispat Limitedthis company | ₹61.33 Cr (FY 2024) | ₹6.02 Lakh | 0.1% | -3.0% | 2 | Sihor, Gujarat, India |
| Alommex Profiles Private Limited | ₹60.92 Cr (FY 2024) | -9.0% | Sriperumbudur, Tamil Nadu, India | |||
| Shree Shankeshwar Metals and Warehouse Private Limited | ₹60.58 Cr (FY 2025) | -4.0% | Jodhpur, Rajasthan, India |
To see the full peer comparison of Keyur Ispat Limited, buy the company report.
Auditor
Keyur Ispat Limited is audited by M A SHAH & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M A SHAH & ASSOCIATES | FY 2022 | 128726W |
Shareholding
The shareholding of Keyur Ispat Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Keyur Ispat Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jan 2009 | 10139621 | Others | ₹96.18 Cr | Open |
To see the full charge records of Keyur Ispat Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Keyur Ispat Limited has 13 court cases on record: 7 filed by Keyur Ispat, 6 filed against it. 2 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 4 | 2 |
| High courts | 3 | 2 | 0 |
| Supreme Court | 1 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Court case (MCA) | Filed by the company against The Oriental Insurance Company Limited and 1 other | Disposed |
| District court, kachchh at Bhuj, Gujarat | Court case (WC MIS LC) | Filed against the company by an individual | Pending |
| District court, Bhavnagar, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Pending |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed by the company against an individual | Disposed |
| High Court, GUJARAT | Appeal | Filed against the company by individuals | Disposed |
To see the full case history of Keyur 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 Keyur Ispat Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Keyur Ispat Limited has a workforce of 2 employees on its EPFO records as of Jun 2025, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2025-26 | 2 |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Keyur Ispat Limited, buy the company report.
GST
Keyur Ispat has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCK4045K1ZN | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Keyur Ispat Limited, buy the company report.
Recent activity
Keyur Ispat Limited has 9 board changes on record since 2008: 3 appointments and 6 cessations. The latest: Smit Dharmendrabhai Shah ceased to be Additional Director on 30 Nov 2021.
2 earlier events are in the company report.
Frequently asked questions
Keyur Ispat has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Keyur Ispat was a public limited company based in Sihor, Gujarat, India. The company worked in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 31 August 1999 and is registered under CIN U27100GJ1999PLC146989. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Keyur Ispat was incorporated on 31 August 1999. It is registered with the Registrar of Companies, Ahmedabad.
Keyur Ispat had 3 directors:
- Gaurang Bhupatrai Shah - Director
- Smit Dharmendrabhai Shah - Director
- Tejas Jaysukhlal Shah - Director
The CIN (Corporate Identification Number) of Keyur Ispat is U27100GJ1999PLC146989. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Keyur Ispat is at CO Keyur Ispat, Vadiya Gam Sihor, Gujarat, India – 364240.
The latest financial statements of Keyur Ispat on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Keyur Ispat is 24AABCK4045K1ZN, registered in Gujarat.
Keyur Ispat operated in the metals and minerals industry, in the metal manufacturing and processing segment.
The peers of Keyur Ispat by revenue are Sabari Alloys & Metals India Private Limited, Ned Metals Private Limited, Alommex Profiles Private Limited, Shree Shankeshwar Metals and Warehouse Private Limited, all in the Metals and Minerals industry (Metals), with the same principal business activity (metal and metal products).
Keyur Ispat has 13 court cases on record: 7 filed by the company and 6 filed against it. 2 are pending. Most are in the district courts.
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