About Kundil Ispat Limited.
Data last updated:
Kundil Ispat Limited. is a public limited company based in Tiswadi, Goa, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 31 July 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U27108GA1987PLC000766. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹6.76 Cr. It is led by directors including Ajay Choudhury and Minakshi Choudhury.
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 Tiswadi, Goa.
As per MCA filings, the company has open charges of ₹49.9 Cr on record. Court records list 30 cases involving the company, including 27 filed by the company and 3 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website kundilgroup.com.
Company details
CIN history
Kundil Ispat Limited has one previous CIN (Corporate Identification Number): U27108GA1987SGC000766. The current CIN is U27108GA1987PLC000766, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27108GA1987PLC000766 | Current |
| U27108GA1987SGC000766 | Previous |
Contact details
Kundil Ispat Limited.'s registered office is in Tiswadi, Goa. Its website is kundilgroup.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressH. No. 1005/14 Shop No – 4 Salvador Do Mundo, Alto Porvorim, Tiswadi, Goa, India – 403521
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Kundil 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
Financials of Kundil Ispat Limited.
FY 2025 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Kundil Ispat Limited., buy the company report.
Board of directors of Kundil Ispat Limited.
Kundil Ispat Limited has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Choudhury Also directs: Kundil Sponge Iron Limited, Mandovi Metals Private Limited, Kundil Rolling Mills Private Limited and 3 more | Director | 08 May 2023 | 3 Years 6 Months | Current |
| Minakshi Choudhury Also directs: Kundil Sponge Iron Limited, Kundil Rolling Mills Private Limited, Kundil Alloys Private Limited. and 2 more | Director | 08 May 2023 | 3 Years 6 Months | Current |
| Pulak Kalita Also directs: Kundil Sponge Iron Limited, Mandovi Metals Private Limited, Kundil Rolling Mills Private Limited and 4 more | Director | 25 Oct 2016 | 10 Years 0 Months | Current |
Auditor
Kundil Ispat Limited. is audited by N V KELKAR & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N V KELKAR & CO | FY 2021 | 104967W |
Shareholding
The shareholding of Kundil Ispat Limited. is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
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To see the full shareholding pattern of Kundil Ispat Limited., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jun 2003 | 90075790 | State Bank of India | ₹20.95 Cr | Open | |
| 18 Jun 2003 | 90077536 | State Bank of India | ₹20.95 Cr | Open | |
| 18 Feb 2003 | 90076836 | State Bank of India | ₹8 Cr | Open |
To see the full charge records of Kundil Ispat Limited., buy the company report.
Total charge records: 3 View all charges
Legal cases
Kundil Ispat Limited. has 30 court cases on record: 27 filed by Kundil Ispat Limited, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 2 | 0 |
| High courts | 15 | 1 | 0 |
Cases on record (5 of 30)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Axis Bank Ltd and 1 other | Disposed |
| Bombay High Court | Court case (COAP) | Filed by the company against Axis Bank Limited, Represented by Its Chairman. | Disposed |
| Bombay High Court | Court case (COP) | Filed against the company by Axis Bank Limited THR. Aothorised Attorney Mrs. Veena Kulkarni | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Axis Bank Ltd. and 2 others | Disposed |
| High Court of Karnataka | Interim or miscellaneous application | Filed by the company against M/S MSPL Limited & Others | Disposed |
To see the full case history of Kundil 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 Kundil Ispat Limited.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kundil Ispat Limited. has 1 active EPFO establishment as of Mar 25, 2024.
GST
Kundil Ispat Limited has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Kundil Ispat Limited., buy the company report.
Recent activity
Kundil Ispat Limited. has 13 board changes on record since 2009: 3 appointments and 10 cessations. The latest: Ajay Choudhury ceased to be Additional Director on 29 Sep 2023.
10 earlier events are in the company report.
Frequently asked questions
Kundil Ispat Limited is an active public limited company based in Tiswadi, Goa, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 31 July 1987 (39+ years old) and is registered under CIN U27108GA1987PLC000766.
Kundil Ispat Limited has 3 current directors:
- Ajay Choudhury - Director
- Minakshi Choudhury - Director
- Pulak Kalita - Director
The latest financial statements of Kundil Ispat Limited 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.
No. Kundil Ispat Limited has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Kundil Ispat Limited is U27108GA1987PLC000766. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kundil Ispat Limited has 30 court cases on record: 27 filed by the company and 3 filed against it. Most are in the district courts.
Kundil Ispat Limited was incorporated on 31 July 1987, making it 39+ years old. It is registered with the Registrar of Companies, Goa.
Ajay Choudhury ceased to be Additional Director on 29 Sep 2023. Minakshi Choudhury ceased to be Additional Director on 29 Sep 2023. Ajay Choudhury was appointed as Director on 08 May 2023. Kundil Ispat Limited has 13 board changes on record in total.
Kundil Ispat Limited can be reached through the website kundilgroup.com. Its registered office is in Tiswadi, Goa, India.
The registered office of Kundil Ispat Limited is at H. No. 100514 Shop No – 4 Salvador Do Mundo, Alto Porvorim, Tiswadi, Goa, India – 403521.
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