MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-WB-10-0001112
Modern Ispat Private Limited - manufacturing in Kolkata, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹49.79 Cr
▼ 1% YoY
Net profit · FY 2024
₹4.96 Lakh
Net margin 0.1%
EBITDA · FY 2024
₹1.01 Cr
EBITDA margin 2%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.72 Cr
Issued & subscribed
Open charges
₹8.06 Cr
Satisfied ₹14.06 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
14
Provident fund records
About Modern Ispat Private Limited
Data last updated:
Modern Ispat Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the fittings and components segment of the manufacturing sector. It was incorporated on 15 November 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U27109WB2006PTC111808. Its GSTIN is 19AAECM9034H1Z9 (West Bengal). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.72 Cr. It is led by directors including Mandeep Singh and Arvinder Singh Saini.
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 18 – D Everest 46C J. L. Nehru Road, Kolkata, West Bengal, India – 700071.
As per the financials filed for FY 2024, the company reported a revenue of ₹49.79 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹4.96 Lakh (net margin 0.1%) and EBITDA of ₹1.01 Cr (EBITDA margin 2%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 6% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹8.06 Cr and satisfied charges of ₹14.06 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 2 cases are pending.
Modern Ispat Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0001112). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gayson.co.in.
Company details
CIN U27109WB2006PTC111808
Registration Number 111808
Incorporation Date 15 November 2006
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-WB-10-0001112
Recognitions & Rankings of Modern Ispat
Contact details
Modern Ispat Private Limited's registered office is in Kolkata, West Bengal. Its website is gayson.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address18 – D Everest 46C J. L. Nehru Road, Kolkata, West Bengal, India – 700071
- IndustryManufacturing, Fittings & Components
To see the full contact details of Modern Ispat Private Limited, buy the company report.
Comprehensive company report
Modern 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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Business activity
The main business activity of Modern 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 Modern Ispat Private Limited, buy the company report.
Financials of Modern Ispat Private Limited
FY 2025 filings availableModern Ispat Private Limited reported revenue of ₹49.79 Cr (down 1% YoY) for FY 2024.
Revenue · FY 2024
₹49.79 Cr ▼ 1%
Net profit · FY 2024
₹4.96 Lakh margin 0.1%
EBITDA · FY 2024
₹1.01 Cr margin 2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 18%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 17%
3 years · compounded
▼ 5%
5 years · compounded
▼ 6%
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 17% 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 |
|---|---|---|---|---|---|
| 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 | ₹1.01 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.96 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2% | ||||
| Net Profit Margin | 0.1% | ||||
| 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 Modern Ispat Private Limited, buy the company report.
Board of directors of Modern Ispat Private Limited
Modern Ispat has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mandeep Singh Also directs: Modern Inns Private Limited | Director | 30 Mar 2019 | 7 Years 7 Months | Current |
| Arvinder Singh Saini | Director | 02 Apr 2021 | 5 Years 7 Months | Current |
| Jatin Sainii | Director | 19 Apr 2019 | 7 Years 6 Months | Current |
Peer comparison
Modern Ispat Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Naarayani Metalics & Engineers Private Limited | ₹50.13 Cr (FY 2025) | 13.0% | Raipur, Chhattisgarh, India | |||
| Steel Barrel Private Limited | ₹49.98 Cr (FY 2024) | 0.0% | Thakurpukur Mahestola, West Bengal, India | |||
| Modern Ispat Private Limitedthis company | ₹49.79 Cr (FY 2024) | ₹4.96 Lakh | 0.1% | -1.0% | 14 | Kolkata, West Bengal, India |
| Jinder Steel Private Limited | ₹49.57 Cr (FY 2024) | 13.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Modern Ispat Private Limited, buy the company report.
Auditor
Modern Ispat Private Limited is audited by Ghosh & Pande for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ghosh & Pande | FY 2023 | 302042E |
Shareholding
The shareholding of Modern 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 Modern Ispat Private Limited, buy the company report.
Charges & borrowings
Open charges
₹8.06 Cr
Satisfied charges
₹14.06 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Nov 2021 | 100513827 | Idbi Bank Limited | ₹8.06 Cr | Open | |
| 28 Jan 2021 | 100411493 | Others | ₹5.5 Cr | Satisfied | |
| 18 Sep 2020 | 100378316 | Others | ₹56 Lakh | Satisfied | |
| 02 May 2008 | 10107588 | Others | ₹4 Cr | Satisfied | |
| 11 Jun 2007 | 10057994 | West Bengal Financial Corporation | ₹4 Cr | Satisfied |
To see the full charge records of Modern Ispat Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Modern Ispat Private Limited has 2 court cases on record: 2 filed by Modern Ispat. All cases are pending.
Total cases
2
Filed by the company
2
Pending
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
| High courts | 1 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, West Bengal | Writ petition | Filed by the company against an individual | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Modern 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
Modern Ispat Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 3 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Energito Electricals Pvt. Ltd | |||
| Jsa Lubes Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Modern Ispat Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Modern Ispat Private Limited has a workforce of 14 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
Employee count
14
Active EPFO establishments
1
Employee growth
-12.5%
GST
Modern Ispat has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAECM9034H1Z9 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Modern Ispat Private Limited, buy the company report.
Recent activity
Modern Ispat Private Limited has 9 board changes on record since 2019: 3 appointments and 6 cessations. The latest: Arvinder Singh Saini ceased to be Additional Director on 30 Nov 2021.
AGM
Modern Ispat Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Modern Ispat Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata.
Charges
A charge with Idbi Bank Limited of Rs. 8.06 Cr registered on 26 Nov 2021 with Charge ID 100513827 was modified on 18 Aug 2022.
Charges
A charge registered on 28 Jan 2021 via Charge ID 100411493 with Others was fully satisfied on 04 Jan 2022.
Ceased
Arvinder Singh Saini ceased to be Additional Director.
Charges
A charge with Idbi Bank Limited amounted to Rs. 8.06 Cr with Charge ID 100513827 was registered on 26 Nov 2021.
Charges
A charge with Others of Rs. 5.50 Cr registered on 28 Jan 2021 with Charge ID 100411493 was modified on 31 May 2021.
Appointed
Arvinder Singh Saini was appointed as Director.
Ceased
Manohar Singh ceased to be Director.
Charges
A charge registered on 18 Sep 2020 via Charge ID 100378316 with Others was fully satisfied on 05 Mar 2021.
Charges
A charge registered on 02 May 2008 via Charge ID 10107588 with Others was fully satisfied on 05 Mar 2021.
Charges
A charge with Others amounted to Rs. 5.50 Cr with Charge ID 100411493 was registered on 28 Jan 2021.
13 earlier events are in the company report.
Frequently asked questions
Modern Ispat is an active private limited company based in Kolkata, West Bengal, India. The company works in fittings and components, within the manufacturing industry. It was incorporated on 15 November 2006 (20+ years old) and is registered under CIN U27109WB2006PTC111808.
Modern Ispat has 3 current directors:
- Mandeep Singh - Director
- Arvinder Singh Saini - Director
- Jatin Sainii - Director
The latest financial statements of Modern Ispat 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.
The GSTIN of Modern Ispat is 19AAECM9034H1Z9, registered in West Bengal. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Modern Ispat is U27109WB2006PTC111808. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Modern Ispat has 2 court cases on record: 2 filed by the company. 2 are pending. Most are in the district courts.
Modern Ispat was incorporated on 15 November 2006, making it 20+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Modern Ispat by revenue are Naarayani Metalics & Engineers Private Limited, Steel Barrel Private Limited, Jinder Steel Private Limited, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Arvinder Singh Saini ceased to be Additional Director on 30 Nov 2021. Arvinder Singh Saini was appointed as Director on 02 Apr 2021. Manohar Singh ceased to be Director on 31 Mar 2021. Modern Ispat has 9 board changes on record in total.
Yes, Modern Ispat is registered as a small enterprise under Udyam registration (number: UDYAM-WB-10-0001112).
Modern Ispat has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 3 overdue payments to 3 micro and small suppliers. The latest return was filed on 25 Jul 2019.
Modern Ispat can be reached through the website gayson.co.in. Its registered office is in Kolkata, West Bengal, India.
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