MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0077390
Krunal Ispat Private Limited
Krunal Ispat Private Limited - metals and minerals in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹97.17 Cr
▼ 28% YoY
Net profit · FY 2025
₹1.13 Cr
Net margin 1.2%
EBITDA · FY 2025
₹1.87 Cr
EBITDA margin 1.9%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹21 Lakh
Issued & subscribed
Open charges
₹13 Cr
Satisfied ₹9.15 Cr
Company age
16 yrs
Est. 2010
Directors on board
3
As per MCA filings
About Krunal Ispat Private Limited
Data last updated:
Krunal Ispat Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 15 April 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51109MH2010PTC202047. Its GSTIN is 27AADCK9225B1ZQ (Maharashtra).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹21 Lakh. It is led by directors including Krunal Bhupendra Sanghavi and Usha Bhupendra Sanghvi.
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 is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹97.17 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net profit of ₹1.13 Cr (net margin 1.2%) and EBITDA of ₹1.87 Cr (EBITDA margin 1.9%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹13 Cr and satisfied charges of ₹9.15 Cr on record.
Krunal Ispat Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0077390). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U51109MH2010PTC202047
Registration Number 202047
Incorporation Date 15 April 2010
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0077390
Key People
Krunal Bhupendra Sanghavi Director Usha Bhupendra Sanghvi Director Bhupendra Dharamdas Sanghvi Director Recognitions & Rankings of Krunal Ispat
Contact details
Krunal Ispat Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address703 Shiv Shakti Heights Behind Popular Hotel Hingwala Cross Lane Patel Chowk Ghatko, Par – E, Mumbai, Maharashtra, India – 400075
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Krunal Ispat Private Limited, buy the company report.
Comprehensive company report
Krunal Ispat Private 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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Secure checkout · GST invoice included
Business activity
The main business activity of Krunal 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 Krunal Ispat Private Limited, buy the company report.
Financials of Krunal Ispat Private Limited
FY 2024 filings availableKrunal Ispat Private Limited reported revenue of ₹97.17 Cr (down 28% YoY) for FY 2025.
Revenue · FY 2025
₹97.17 Cr ▼ 28%
Net profit · FY 2025
₹1.13 Cr margin 1.2%
EBITDA · FY 2025
₹1.87 Cr margin 1.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 28%
3 years · compounded
▼ 6%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▼ 28%
3 years · compounded
▼ 5%
5 years · compounded
▲ 26%
Revenue fell 28% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 28% 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 | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.87 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.13 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.9% | ||||
| Net Profit Margin | 1.2% | ||||
| 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 Krunal Ispat Private Limited, buy the company report.
Board of directors of Krunal Ispat Private Limited
Krunal Ispat has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krunal Bhupendra Sanghavi | Director | 31 Jan 2020 | 6 Years 9 Months | Current |
| Usha Bhupendra Sanghvi | Director | 15 Apr 2010 | 16 Years 6 Months | Current |
| Bhupendra Dharamdas Sanghvi | Director | 15 Apr 2010 | 16 Years 6 Months | Current |
Peer comparison
Krunal Ispat Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Jaisuka Iron and Power Private Limited | ₹97.89 Cr (FY 2024) | 314.0% | Jamshedpur, Jharkhand, India | |||
| Scorpio Tie Up Private Limited | ₹97.58 Cr (FY 2025) | 20.0% | Kolkata, West Bengal, India | |||
| Anmol Ferro Impex Private Limited | ₹97.55 Cr (FY 2017) | 532.0% | Chennai, Tamil Nadu, India | |||
| Welcome Impex Private Limited | ₹97.22 Cr (FY 2025) | 2.0% | Ahedabad, Gujarat, India | |||
| Krunal Ispat Private Limitedthis company | ₹97.17 Cr (FY 2025) | ₹1.13 Cr | 1.2% | -28.0% | Mumbai, Maharashtra, India | |
| Jay Market Creators Pvt Ltd | ₹96.87 Cr (FY 2024) | 18.0% | Kolkata, West Bengal, India | |||
| Shriomsai Steels Private Limited | ₹96.41 Cr (FY 2025) | -32.0% | Hubli, Karnataka, India | |||
| Lendcierge Estate Private Limited | ₹95.96 Cr (FY 2024) | -55.0% | Chennai, Tamil Nadu, India | |||
| Vrundavan Iron & Steel Private Limited | ₹95.89 Cr (FY 2025) | -29.0% | Raipur, Chhattisgarh, India |
To see the full peer comparison of Krunal Ispat Private Limited, buy the company report.
Auditor
Krunal Ispat Private Limited is audited by SUTARIA ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUTARIA ASSOCIATES | FY 2023 | 110728W |
Shareholding
The shareholding of Krunal Ispat Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Krunal Ispat Private Limited, buy the company report.
Charges & borrowings
Open charges
₹13 Cr
Satisfied charges
₹9.15 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Dec 2024 | 101035366 | Standard Chartered Bank | ₹12 Cr | Open | |
| 03 May 2021 | 100451609 | Standard Chartered Bank | ₹1 Cr | Open | |
| 29 Nov 2017 | 100148022 | Yes Bank Limited | ₹6 Cr | Satisfied | |
| 14 Oct 2010 | 10249401 | Others | ₹3.15 Cr | Satisfied |
To see the full charge records of Krunal Ispat Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Krunal Ispat Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Krunal Ispat Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Krunal Ispat has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCK9225B1ZQ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Krunal Ispat Private Limited, buy the company report.
Recent activity
Krunal Ispat Private Limited has 4 board changes on record since 2010: 3 appointments and 1 cessation. The latest: Krunal Bhupendra Sanghavi ceased to be Additional Director on 26 Dec 2020.
Charges
A charge with Standard Chartered Bank amounted to Rs. 1,200.00 Lakh with Charge ID 101035366 was registered on 20 Dec 2024.
AGM
Krunal Ispat Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Krunal Ispat Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Standard Chartered Bank amounted to Rs. 100.00 Lakh with Charge ID 100451609 was registered on 03 May 2021.
Charges
A charge registered on 29 Nov 2017 via Charge ID 100148022 with Yes Bank Limited was fully satisfied on 25 Jan 2021.
Ceased
Krunal Bhupendra Sanghavi ceased to be Additional Director.
Appointed
Krunal Bhupendra Sanghavi was appointed as Director.
Charges
A charge with Yes Bank Limited of Rs. 600.00 Lakh registered on 29 Nov 2017 with Charge ID 100148022 was modified on 25 Apr 2019.
Charges
A charge registered on 14 Oct 2010 via Charge ID 10249401 with Others was fully satisfied on 27 Mar 2018.
Charges
A charge with Yes Bank Limited amounted to Rs. 600.00 Lakh with Charge ID 100148022 was registered on 29 Nov 2017.
Charges
A charge with Others of Rs. 315.00 Lakh registered on 14 Oct 2010 with Charge ID 10249401 was modified on 06 Aug 2016.
Charges
A charge with Others amounted to Rs. 315.00 Lakh with Charge ID 10249401 was registered on 14 Oct 2010.
3 earlier events are in the company report.
Frequently asked questions
Krunal Ispat is an active private limited company based in Mumbai, Maharashtra, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 15 April 2010 (16+ years old) and is registered under CIN U51109MH2010PTC202047.
Krunal Ispat has 3 current directors:
- Krunal Bhupendra Sanghavi - Director
- Usha Bhupendra Sanghvi - Director
- Bhupendra Dharamdas Sanghvi - Director
The latest financial statements of Krunal 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 Krunal Ispat is 27AADCK9225B1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Krunal Ispat is U51109MH2010PTC202047. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Krunal Ispat was incorporated on 15 April 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Krunal Ispat by revenue are Jaisuka Iron and Power Private Limited, Scorpio Tie Up Private Limited, Anmol Ferro Impex Private Limited, Welcome Impex Private Limited, Jay Market Creators Pvt Ltd and 3 more, all in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading).
Krunal Bhupendra Sanghavi ceased to be Additional Director on 26 Dec 2020. Krunal Bhupendra Sanghavi was appointed as Director on 31 Jan 2020. Bhupendra Dharamdas Sanghvi was appointed as Director on 15 Apr 2010. Krunal Ispat has 4 board changes on record in total.
Yes, Krunal Ispat is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0077390).
The registered office of Krunal Ispat is at 703 Shiv Shakti Heights Behind Popular Hotel Hingwala Cross Lane Patel Chowk Ghatko, Par – E, Mumbai, Maharashtra, India – 400075.
Krunal Ispat operates in the metals and minerals industry, in the metal retail and distribution segment.
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