MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0027442
Krishnaping Alloys Limited - metals and minerals in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹65.34 Cr
▼ 16% YoY
Net loss · FY 2025
₹70.2 Lakh
Net margin -1.1%
EBITDA · FY 2025
₹7.36 Cr
EBITDA margin 11.3%
Authorised capital
₹11 Cr
Registered with MCA
Paid-up capital
₹4.19 Cr
Issued & subscribed
Open charges
₹2.44 Cr
Satisfied ₹94.07 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
165
Provident fund records
About Krishnaping Alloys Limited
Data last updated:
Krishnaping Alloys Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 16 July 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27104MH1999PLC120845. Its GSTIN is 27AACCK0121F1Z6 (Maharashtra). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹11 Cr and a paid-up capital of ₹4.19 Cr. It was formerly known as Krishnaping Alloys Private Limited. It is led by directors including Sanjeev Ramesh Khandelwal (Managing Director) and Jesal Surendrakumar Doshi.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 402 Pinnacle Corporate Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹65.34 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net loss of ₹70.2 Lakh (net margin -1.1%) and EBITDA of ₹7.36 Cr (EBITDA margin 11.3%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 6% over five years.
The company has about 165 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Krishnaping. As per MCA filings, the company has open charges of ₹2.44 Cr and satisfied charges of ₹94.07 Cr on record. Court records list 34 cases involving the company, including 12 filed by the company and 22 filed against it; 12 cases are pending.
Krishnaping Alloys Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0027442). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website krishnaping.in.
Company details
CIN U27104MH1999PLC120845
Registration Number 120845
Incorporation Date 16 July 1999
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 28 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-18-0027442
CIN history
Krishnaping Alloys has one previous CIN (Corporate Identification Number): U27104MH1999PTC120845. The current CIN is U27104MH1999PLC120845, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27104MH1999PLC120845 | Current |
| U27104MH1999PTC120845 | Previous |
Key People
Sanjeev Ramesh Khandelwal Managing Director Jesal Surendrakumar Doshi Director Rajendra Prasad Gulabchand Rajput Director Recognitions & Rankings of Krishnaping Alloys
Contact details
Krishnaping Alloys Limited's registered office is in Mumbai, Maharashtra. Its website is krishnaping.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address402 Pinnacle Corporate Park Near Trade Opp. Mtnl Bandra Kurla Complex Bandra E, Ast, Mumbai, Maharashtra, India – 400051
- IndustryMetals and Minerals, Mining & Mineral Extraction
To see the full contact details of Krishnaping Alloys Limited, buy the company report.
Comprehensive company report
Krishnaping Alloys 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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Brands
Krishnaping Alloys operates one associated brand: Krishnaping. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manganese Ore mining, Ferro Alloys production, and natural resources trading in India. | krishnaping.in |
Business activity
The main business activities of Krishnaping Alloys are manufacturing and mining and quarrying. In detail, this covers metal and metal products and mining of metal ores. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| B | Mining and quarrying | B3 | Mining of Metal Ores |
To see the full business activity and turnover split of Krishnaping Alloys Limited, buy the company report.
Financials of Krishnaping Alloys Limited
FY 2024 filings availableKrishnaping Alloys Limited reported revenue of ₹65.34 Cr (down 16% YoY) for FY 2025.
Revenue · FY 2025
₹65.34 Cr ▼ 16%
Net loss · FY 2025
₹70.2 Lakh margin -1.1%
EBITDA · FY 2025
₹7.36 Cr margin 11.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 16%
3 years · compounded
▲ 4%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 81%
3 years · compounded
▲ 39%
5 years · compounded
▲ 10%
Revenue fell 16% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA rose 81% 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 |
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| Total Expenses | |||||
| EBITDA | ₹7.36 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹70.2 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.3% | ||||
| Net Profit Margin | -1.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Krishnaping Alloys Limited, buy the company report.
Board of directors of Krishnaping Alloys Limited
Krishnaping Alloys has 5 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 |
|---|---|---|---|---|
| Jesal Surendrakumar Doshi Also directs: Bajaj Sindhudurg Rice Mills Limited | Director | 31 Jul 2025 | 1 Years 2 Months | Current |
| Rajendra Prasad Gulabchand Rajput Also directs: Krishnaping Minerals Private Limited, Green Field Paper Projects India Limited, Veda Cements Limited and 1 more | Director | 15 Oct 2019 | 7 Years 0 Months | Current |
| Sanjeev Ramesh Khandelwal | Managing Director | 16 Jul 1999 | 27 Years 3 Months | Current |
| Gopikrishna Bubna Bilasrai | Director | 15 Oct 2019 | 7 Years 0 Months | Current |
| Sandeep Ravindra Shah | Director | 26 Feb 2025 | 1 Years 8 Months | Current |
Auditor
Krishnaping Alloys Limited is audited by SGCO & CO. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SGCO & CO. LLP | FY 2023 | W100184 |
Shareholding
The shareholding of Krishnaping Alloys 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Krishnaping Alloys Limited, buy the company report.
Charges & borrowings
Open charges
₹2.44 Cr
Satisfied charges
₹94.07 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Nov 2018 | 100232362 | Standard Chartered Bank | ₹2.44 Cr | Open | |
| 12 Dec 2017 | 100144773 | Others | ₹2 Cr | Satisfied | |
| 22 Feb 2017 | 100083715 | Tata Capital Financial Services Limited | ₹19.1 Lakh | Satisfied | |
| 17 Nov 2016 | 100065409 | Others | ₹1.63 Cr | Satisfied | |
| 22 Jan 2016 | 10621587 | Srei Equipment Finance Limited | ₹3 Cr | Satisfied |
To see the full charge records of Krishnaping Alloys Limited, buy the company report.
Total charge records: 20 View all charges
Legal cases
Krishnaping Alloys Limited has 34 court cases on record: 12 filed by Krishnaping Alloys, 22 filed against it. 12 cases are pending and 22 are disposed.
Total cases
34
Filed by the company
12
Filed against the company
22
Pending
12
Disposed
22
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 19 | 8 |
| High courts | 12 | 2 | 3 |
| Supreme Court | 1 | 0 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 34)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Execution petition | Filed against the company by Eaw Safeguard Security Pvt. Ltd. | Pending |
| District court, Nagpur, Maharashtra | Court case (M.J.Cases) | Filed against the company by Eaw Safeguard Security Private Limited, | Pending |
| High Court of Madhya Pradesh | Writ petition | Filed by the company against Madhya Pradesh Poorv Kshetra Vidyut Vitaran Company Ltd. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ms Srei Equipment Finance Pvt. Ltd. | Pending |
| District court, Nagpur, Maharashtra | Court case (M.A.N.R.J.I.) | Filed against the company by E A W Safeguard Security Pvt Ltd | Disposed |
To see the full case history of Krishnaping Alloys 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.
Credit ratings & regulatory alerts
Krishnaping Alloys Limited was last rated by Crisil on 13 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 13 Nov 2020 |
To see the full credit ratings and regulatory alerts of Krishnaping Alloys Limited, buy the company report.
MSME payment delays
Krishnaping Alloys Limited has 6 MSME Form 1 returns on record between 2019 and 2022, listing 94 overdue payments to 24 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 24)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| S G C O & Co LLP | |||
| an individual supplier | |||
| Wisdom Enterprises | |||
| an individual supplier |
To see the full MSME payment records of Krishnaping Alloys Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Krishnaping Alloys Limited has a workforce of 165 employees on its EPFO records as of Apr 06, 2024, across 2 active EPFO establishments.
Employee count
165
Active EPFO establishments
2
Employee growth
19.57%
GST
Krishnaping Alloys has 4 GST registrations: 3 active and 1 cancelled or inactive.
Total GSTINs
4
Active
3
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCK0121F1Z6 | Maharashtra | Active | 01 Jul 2017 |
| 23AACCK0121F1ZE | Madhya Pradesh | Active | 01 Jul 2017 |
| 37AACCK0121F1Z5 | Andhra Pradesh | Active | 25 Jun 2018 |
To see the full GST registrations and return filing status of Krishnaping Alloys Limited, buy the company report.
Recent activity
Krishnaping Alloys Limited has 17 board changes on record since 1999: 5 appointments and 12 cessations. The latest: Jesal Surendrakumar Doshi ceased to be Additional Director on 29 Sep 2025.
Ceased
Jesal Surendrakumar Doshi ceased to be Additional Director.
Ceased
Sandeep Ravindra Shah ceased to be Additional Director.
Ceased
Hasan Bohra ceased to be Additional Director.
Appointed
Jesal Surendrakumar Doshi was appointed as Director.
Appointed
Sandeep Ravindra Shah was appointed as Director.
AGM
Krishnaping Alloys Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.
Filing
Krishnaping Alloys Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge registered on 24 Aug 2012 via Charge ID 10374186 with Union Bank Of India was fully satisfied on 22 Mar 2024.
Charges
A charge registered on 25 Nov 2009 via Charge ID 10192481 with Union Bank Of India was fully satisfied on 22 Mar 2024.
Charges
A charge registered on 22 Feb 2017 via Charge ID 100083715 with Tata Capital Financial Services Limited was fully satisfied on 16 Apr 2021.
Ceased
Gopikrishna Bubna Bilasrai ceased to be Additional Director.
Ceased
Harsh Ashok Kesharia ceased to be Additional Director.
48 earlier events are in the company report.
Frequently asked questions
Krishnaping Alloys is an active public limited company based in Mumbai, Maharashtra, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 16 July 1999 (27+ years old) and is registered under CIN U27104MH1999PLC120845.
Krishnaping Alloys has 5 current directors:
- Sanjeev Ramesh Khandelwal - Managing Director
- Jesal Surendrakumar Doshi - Director
- Rajendra Prasad Gulabchand Rajput - Director
- Gopikrishna Bubna Bilasrai - Director
- Sandeep Ravindra Shah - Director
The latest financial statements of Krishnaping Alloys on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Krishnaping Alloys is 27AACCK0121F1Z6, registered in Maharashtra. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 23AACCK0121F1ZE (Madhya Pradesh), 37AACCK0121F1Z5 (Andhra Pradesh).
The CIN (Corporate Identification Number) of Krishnaping Alloys is U27104MH1999PLC120845. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Krishnaping Alloys has 34 court cases on record: 12 filed by the company and 22 filed against it. 12 are pending. Most are in the district courts.
Krishnaping Alloys was incorporated on 16 July 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
Jesal Surendrakumar Doshi ceased to be Additional Director on 29 Sep 2025. Sandeep Ravindra Shah ceased to be Additional Director on 29 Sep 2025. Hasan Bohra ceased to be Additional Director on 31 Jul 2025. Krishnaping Alloys has 17 board changes on record in total.
Yes, Krishnaping Alloys is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0027442).
Krishnaping Alloys has 6 MSME Form 1 returns on record between 2019 and 2022, listing 94 overdue payments to 24 micro and small suppliers. The latest return was filed on 01 Sep 2023.
Krishnaping Alloys can be reached through the website krishnaping.in. Its registered office is in Mumbai, Maharashtra, India.