MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-KL-08-0002181
Minar Ispat Private Limited - metals and minerals in Kozhikode, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹173.83 Cr
▼ 12% YoY
Net profit · FY 2025
₹79.66 Lakh
Net margin 0.5%
EBITDA · FY 2025
₹3.42 Cr
EBITDA margin 2%
Authorised capital
₹13 Cr
Registered with MCA
Paid-up capital
₹11.15 Cr
Issued & subscribed
Open charges
₹25.9 Cr
Satisfied ₹96.41 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
75
Provident fund records
About Minar Ispat Private Limited
Data last updated:
Minar Ispat Private Limited is a private limited company based in Kozhikode, Kerala, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 17 October 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U27109KL2005PTC018715. Its GSTIN is 32AAECM5765F1ZJ (Kerala). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹13 Cr and a paid-up capital of ₹11.15 Cr. It is led by directors including Mohammed Shafi (Managing Director) and Abdul Khader.
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 Door No. 13/180 Anakuzhikkara Kuttikkattoor .P .O, Kozhikode, Kerala, India – 673008.
As per the financials filed for FY 2025, the company reported a revenue of ₹173.83 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹79.66 Lakh (net margin 0.5%) and EBITDA of ₹3.42 Cr (EBITDA margin 2%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 4% over five years.
The company has about 75 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹25.9 Cr and satisfied charges of ₹96.41 Cr on record. Court records list 54 cases involving the company, including 42 filed by the company and 12 filed against it; 18 cases are pending.
Minar Ispat Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-08-0002181). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website minargroup.in.
Company details
CIN U27109KL2005PTC018715
Registration Number 018715
Incorporation Date 17 October 2005
ROC Ernakulam
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-KL-08-0002181
Recognitions & Rankings of Minar Ispat
Contact details
Minar Ispat Private Limited's registered office is in Kozhikode, Kerala. Its website is minargroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressDoor No. 13/180 Anakuzhikkara Kuttikkattoor .P .O, Kozhikode, Kerala, India – 673008
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Minar Ispat Private Limited, buy the company report.
Comprehensive company report
Minar 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Minar 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 Minar Ispat Private Limited, buy the company report.
Financials of Minar Ispat Private Limited
FY 2024 filings availableMinar Ispat Private Limited reported revenue of ₹173.83 Cr (down 12% YoY) for FY 2025.
Revenue · FY 2025
₹173.83 Cr ▼ 12%
Net profit · FY 2025
₹79.66 Lakh margin 0.5%
EBITDA · FY 2025
₹3.42 Cr margin 2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 12%
3 years · compounded
▼ 5%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▼ 21%
3 years · compounded
▼ 7%
5 years · compounded
▼ 3%
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 21% 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 | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.42 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹79.66 Lakh | ||||
| 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 | 2% | ||||
| Net Profit Margin | 0.5% | ||||
| 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 Minar Ispat Private Limited, buy the company report.
Board of directors of Minar Ispat Private Limited
Minar Ispat has 11 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abdul Khader Also directs: Minar Castings Private Limited | Director | 01 Aug 2008 | 18 Years 2 Months | Current |
| Meeran Abdul Majeed Also directs: Minar Alloys and Forgings Private Limited | Director | 01 Sep 2015 | 11 Years 1 Months | Current |
| Mohammed Kutty Valiya Valappil | Director | 01 Aug 2008 | 18 Years 2 Months | Current |
| Abdunnisar Also directs: Gulfcare Services LLP | Director | 29 Sep 2017 | 9 Years 0 Months | Current |
| Thekke Madantavida Abdullathif Also directs: Minar Castings Private Limited | Director | 01 Aug 2008 | 18 Years 2 Months | Current |
| Alavi Karu Parambath Also directs: Minar Alloys and Forgings Private Limited | Director | 17 Oct 2005 | 21 Years 0 Months | Current |
Showing 6 of 11 current directors. View all directors
Peer comparison
Minar Ispat Private Limited is compared with the 9 companies closest to it by revenue in the Metals and Minerals industry (Steel), 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 |
|---|---|---|---|---|---|---|
| Ranmak Works Private Limited | ₹175.76 Cr (FY 2025) | -29.0% | Kolkata, West Bengal, India | |||
| Sar Ispat Private Limited | ₹174.62 Cr (FY 2018) | 4.0% | Chennai, Tamil Nadu, India | |||
| Chaman Metallics Limited | ₹174.17 Cr (FY 2025) | -9.0% | Tadali, Maharashtra, India | |||
| Shailputri Iron and Steels Private Limited | ₹173.94 Cr (FY 2025) | 31.0% | Giridih, Jharkhand, India | |||
| Minar Ispat Private Limitedthis company | ₹173.83 Cr (FY 2025) | ₹79.66 Lakh | 0.5% | -12.0% | 75 | Kozhikode, Kerala, India |
| A.K. Concast Private Limited | ₹173.75 Cr (FY 2025) | 10.0% | Ludhiana, Punjab, India | |||
| Alok Ingots (Mumbai) Private Limited | ₹173.6 Cr (FY 2025) | -5.0% | Mumbai, Maharashtra, India | |||
| Ratnakar Ispat India Private Limited | ₹173.4 Cr (FY 2025) | -45.0% | Bhilwara, Rajasthan, India | |||
| Addi Alloys Private Limited | ₹173.33 Cr (FY 2025) | -1.0% | Punjab, India | |||
| Narmada Iron and Steel Pvt Ltd. | ₹173.31 Cr (FY 2025) | 92.0% | Raigarh, Chhattisgarh, India |
To see the full peer comparison of Minar Ispat Private Limited, buy the company report.
Auditor
Minar Ispat Private Limited is audited by SIVADAS C& COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SIVADAS C& COMPANY | FY 2023 | 011823S |
Shareholding
The shareholding of Minar Ispat Private 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 Minar Ispat Private Limited, buy the company report.
Charges & borrowings
Open charges
₹25.9 Cr
Satisfied charges
₹96.41 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Apr 2025 | 101104502 | Others | ₹25 Lakh | Open | |
| 06 Mar 2025 | 101061530 | Hdfc Bank Limited | ₹15 Lakh | Open | |
| 16 May 2024 | 100930550 | Others | ₹14.59 Lakh | Open | |
| 16 May 2024 | 100930536 | Others | ₹14.59 Lakh | Open | |
| 16 May 2024 | 100930535 | Others | ₹14.59 Lakh | Open |
To see the full charge records of Minar Ispat Private Limited, buy the company report.
Total charge records: 18 View all charges
Legal cases
Minar Ispat Private Limited has 54 court cases on record: 42 filed by Minar Ispat, 12 filed against it. 18 cases are pending and 36 are disposed.
Total cases
54
Filed by the company
42
Filed against the company
12
Pending
18
Disposed
36
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 39 | 6 | 14 |
| High courts | 14 | 5 | 4 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 54)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kozhikode, Kerala | Criminal case | Filed by the company against Chonorath Kandy Granites Pvt Ltd and 2 others | Pending |
| High Court of Kerala | Appeal | Filed against the company by City Union Bank Ltd. | Pending |
| High Court | Court case (Crl.MC) | Filed against the company by M/S Laltech Enterprise Pvt Ltd and 2 others | Disposed |
| District court, Kozhikode, Kerala | Court case (AS) | Filed against the company by The Indusind Bank | Disposed |
| District court, Kozhikode, Kerala | Court case (Crl.RP) | Filed against the company by M/S Laltech Enterprises Pvt. Ltd. and 1 other | Disposed |
To see the full case history of Minar Ispat Private 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 Minar Ispat Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Minar Ispat Private Limited has a workforce of 75 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
75
Active EPFO establishments
1
GST
Minar Ispat has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAECM5765F1ZJ | Kerala | Active | 01 Jul 2017 |
| 32AAECM5765F1DS | Kerala | Active | 23 Nov 2024 |
To see the full GST registrations and return filing status of Minar Ispat Private Limited, buy the company report.
Recent activity
Minar Ispat Private Limited has 12 board changes on record since 2005: 11 appointments and 1 cessation. The latest: Abdunnisar was appointed as Director on 29 Sep 2017.
Charges
A charge registered on 20 Apr 2022 via Charge ID 100568592 with Hdfc Bank Limited was fully satisfied on 07 Jul 2025.
Charges
A charge registered on 20 Apr 2022 via Charge ID 100568591 with Hdfc Bank Limited was fully satisfied on 07 Jul 2025.
Charges
A charge registered on 10 Feb 2022 via Charge ID 100541044 with Hdfc Bank Limited was fully satisfied on 07 May 2025.
Charges
A charge with Others amounted to Rs. 0.25 Cr with Charge ID 101104502 was registered on 21 Apr 2025.
Charges
A charge with State Bank Of India of Rs. 25.00 Cr registered on 27 Oct 2023 with Charge ID 100823422 was modified on 28 Mar 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 101061530 was registered on 06 Mar 2025.
Charges
A charge registered on 26 Apr 2021 via Charge ID 100442334 with Hdfc Bank Limited was fully satisfied on 24 Jan 2025.
AGM
Minar Ispat Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 20 Apr 2022 via Charge ID 100568600 with Hdfc Bank Limited was fully satisfied on 08 Jul 2024.
Charges
A charge with Others amounted to Rs. 0.15 Cr with Charge ID 100930550 was registered on 16 May 2024.
Charges
A charge with Others amounted to Rs. 0.15 Cr with Charge ID 100930536 was registered on 16 May 2024.
Charges
A charge with Others amounted to Rs. 0.15 Cr with Charge ID 100930535 was registered on 16 May 2024.
37 earlier events are in the company report.
Frequently asked questions
Minar Ispat is an active private limited company based in Kozhikode, Kerala, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 17 October 2005 (21+ years old) and is registered under CIN U27109KL2005PTC018715.
Minar Ispat has 11 current directors:
- Mohammed Shafi - Managing Director
- Abdul Khader - Director
- Meeran Abdul Majeed - Director
- Mohammed Kutty Valiya Valappil - Director
- Abdunnisar - Director
- Thekke Madantavida Abdullathif - Director
- Alavi Karu Parambath - Director
- Abdul Kareem Moorkath - Director
- Mohammed Shafeeq Anappuram - Director
- Korakuzhiyilhussain - Director
- Hussain Peringhatt Muhammed - Director
The latest financial statements of Minar 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 Minar Ispat is 32AAECM5765F1ZJ, registered in Kerala. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 32AAECM5765F1DS (Kerala).
The CIN (Corporate Identification Number) of Minar Ispat is U27109KL2005PTC018715. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Minar Ispat has 54 court cases on record: 42 filed by the company and 12 filed against it. 18 are pending. Most are in the district courts.
Minar Ispat was incorporated on 17 October 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Minar Ispat by revenue are Ranmak Works Private Limited, Sar Ispat Private Limited, Chaman Metallics Limited, Shailputri Iron and Steels Private Limited, A.K. Concast Private Limited and 4 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Abdunnisar was appointed as Director on 29 Sep 2017. Meeran Abdul Majeed was appointed as Director on 01 Sep 2015. Mohammed Shafeeq Anappuram was appointed as Director on 01 Sep 2015. Minar Ispat has 12 board changes on record in total.
Yes, Minar Ispat is registered as a medium enterprise under Udyam registration (number: UDYAM-KL-08-0002181).
Minar Ispat can be reached through the website minargroup.in. Its registered office is in Kozhikode, Kerala, India.