About Mohit Ispat Private Limited
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Mohit Ispat Private Limited is a private limited company based in Bicholim, Goa, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 03 March 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U27310GA1997PTC002289. Its GSTIN is 30AACCM8154E1ZU (Goa). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹11.5 Cr and a paid-up capital of ₹11 Cr. It was formerly known as Mohit Ispat Limited. It is led by directors including Achintya Mittal and Priyanka Mittal.
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 Plot No. 1 Navelim Village, Bicholim, Goa, India – 403505.
As per the financials filed for FY 2024, the company reported a revenue of ₹679.19 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹11.33 Cr (net margin 1.7%) and EBITDA of ₹23.9 Cr (EBITDA margin 3.5%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 9% over five years.
The company has about 150 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹108.2 Cr and satisfied charges of ₹86.29 Cr on record. Court records list 44 cases involving the company, including 20 filed by the company and 24 filed against it; 5 cases are pending. The company has 9 deals on record (5 secondary share transfers, 4 funding rounds), with disclosed funding of ₹9.57 Cr; the latest was in March 2018. Its 9 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 4 larger and 5 smaller; the largest is Nav Durga Fuel Private Limited with revenue of ₹692.65 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mohitispat.com.
Company details
CIN history
Mohit Ispat has one previous CIN (Corporate Identification Number): U27310GA1997PLC002289. The current CIN is U27310GA1997PTC002289, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27310GA1997PTC002289 | Current |
| U27310GA1997PLC002289 | Previous |
Contact details
Mohit Ispat Private Limited's registered office is in Bicholim, Goa. Its website is mohitispat.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 1 Navelim Village, Bicholim, Goa, India – 403505
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Mohit Ispat Private 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
Business activity
The main business activity of Mohit 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 Mohit Ispat Private Limited, buy the company report.
Financials of Mohit Ispat Private Limited
FY 2024 filings availableMohit Ispat Private Limited reported revenue of ₹679.19 Cr (up 3% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 3% growth in the latest year. EBITDA fell 15% 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 |
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| EBITDA | ₹23.9 Cr | ||||
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| Net Profit (PAT) | ₹11.33 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.5% | ||||
| Net Profit Margin | 1.7% | ||||
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To see the full financial statements and ratios of Mohit Ispat Private Limited, buy the company report.
Board of directors of Mohit Ispat Private Limited
Mohit Ispat has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Achintya Mittal Also directs: Crop Care Organics LLP, Hegemon Industrial Businesses LLP, Vedaaris Estate LLP and 3 more | Director | 05 Apr 2004 | 22 Years 6 Months | Current |
| Priyanka Mittal | Additional Director | 21 Jan 2025 | 1 Years 9 Months | Current |
| Divya Mittal Also directs: Hegemon Industrial Businesses LLP | Additional Director | 21 Jan 2025 | 1 Years 9 Months | Current |
Peer comparison
Mohit 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 |
|---|---|---|---|---|---|---|
| Nav Durga Fuel Private Limited | ₹692.65 Cr (FY 2025) | 4.0% | Sreebhumi, West Bengal, India | |||
| Avon Ispat & Power Limited | ₹682.27 Cr (FY 2025) | 0.0% | Punjab, India | |||
| Shyam Steel Works Private Limited | ₹682.12 Cr (FY 2025) | 8466.0% | Kolkata, West Bengal, India | |||
| Shree Waris Piya Steel Company Private Limited | ₹680.26 Cr (FY 2025) | 3.0% | Kolkata, West Bengal, India | |||
| Mohit Ispat Private Limitedthis company | ₹679.19 Cr (FY 2024) | ₹11.33 Cr | 1.7% | 3.0% | 150 | Bicholim, Goa, India |
| Premier Bars Limited | ₹679.02 Cr (FY 2025) | -1.0% | Jaipur, Rajasthan, India | |||
| A One Ispat Private Limited | ₹676.51 Cr (FY 2025) | 9.0% | Bangalore, Karnataka, India | |||
| R.S.Infra-Transmission Limited | ₹675.7 Cr (FY 2025) | -4.0% | Jaipur, Rajasthan, India | |||
| Iskcon Strips Private Limited | ₹673.62 Cr (FY 2025) | 9.0% | Raipur, Chhattisgarh, India | |||
| Salasar Iron and Steel Private Limited | ₹670.22 Cr (FY 2025) | 1.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Mohit Ispat Private Limited, buy the company report.
Auditor
Mohit Ispat Private Limited is audited by Shrinivas Nayak & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shrinivas Nayak & Co | FY 2023 |
Shareholding
The shareholding of Mohit 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 Mohit Ispat Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jun 2025 | 101115065 | Axis Bank Limited | ₹6 Cr | Open | |
| 23 Feb 2023 | 100693302 | Axis Bank Limited | ₹2.1 Cr | Open | |
| 09 Oct 2021 | 100497795 | Others | ₹47.56 Lakh | Open | |
| 09 Oct 2021 | 100497781 | Others | ₹47.56 Lakh | Open | |
| 05 Jul 2021 | 100469637 | Hdfc Bank Limited | ₹2.17 Cr | Open |
To see the full charge records of Mohit Ispat Private Limited, buy the company report.
Total charge records: 16 View all charges
Deals & funding
Mohit Ispat Private Limited has 9 deals on record (5 secondary share transfers, 4 funding rounds), with disclosed funding of ₹9.57 Cr; the latest was in March 2018.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Image Estate Private Limited, Albion Pharmaceuticals Private Limited. , 2 individuals |
| Sep 2013 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: PMF Steels Private Limited, Image Estate Private Limited, First Hi-Fin Limited |
| Mar 2013 | Funding round | ₹4.87 Cr | Investors: Bhavya Aluminium Private Limited , 3 individuals |
| Mar 2009 | Funding round | ₹3.19 Cr | Investors: Albion Pharmaceuticals Private Limited. , PMF Steels Private Limited, Image Estate Private Limited |
| Mar 2006 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Savi Media World Limited , 3 individuals |
To see the full deal history of Mohit Ispat Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mohit Ispat Private Limited has 44 court cases on record: 20 filed by Mohit Ispat, 24 filed against it. 5 cases are pending and 39 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 23 | 16 | 3 |
| High courts | 17 | 5 | 2 |
| Supreme Court | 3 | 2 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 44)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed against the company by Adhunik Niryat Ispat Limited | Disposed |
| High Court of Karnataka | Court case (MFA) | Filed against the company by an individual | Pending |
| District court, North Goa, Goa | Company petition | Filed against the company by individuals | Pending |
| High Court, KARNATAKA | Court case (MFA) | Filed against the company by an individual | Pending |
| District court, North Goa, Goa | Court case (SEXA) | Filed by the company against an individual | Pending |
To see the full case history of Mohit 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.
Credit ratings & regulatory alerts
Mohit Ispat Private Limited was last rated by Icra on 25 May 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 25 May 2022 |
To see the full credit ratings and regulatory alerts of Mohit Ispat Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mohit Ispat Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Mohit Ispat has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| West Coast Mohit Ispat Foundation | U85300GA2022NPL015146 |
To see the full group structure of Mohit Ispat Private Limited, buy the company report.
Employees & EPFO
Mohit Ispat Private Limited has a workforce of 150 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Mohit Ispat has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AACCM8154E1ZU | Goa | Active | 01 Jul 2017 |
| 30AACCM8154E1D3 | Goa | Active | 04 Nov 2024 |
To see the full GST registrations and return filing status of Mohit Ispat Private Limited, buy the company report.
Recent activity
Mohit Ispat Private Limited has 11 board changes on record since 2004: 7 appointments and 4 cessations. The latest: Sanjeev Kumar Mathiyan ceased to be Director on 22 Jan 2025.
29 earlier events are in the company report.
Frequently asked questions
Mohit Ispat is an active private limited company based in Bicholim, Goa, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 03 March 1997 (29+ years old) and is registered under CIN U27310GA1997PTC002289.
Mohit Ispat has 3 current directors:
- Achintya Mittal - Director
- Priyanka Mittal - Additional Director
- Divya Mittal - Additional Director
The latest financial statements of Mohit 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 Mohit Ispat is 30AACCM8154E1ZU, registered in Goa. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 30AACCM8154E1D3 (Goa).
The CIN (Corporate Identification Number) of Mohit Ispat is U27310GA1997PTC002289. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mohit Ispat has 44 court cases on record: 20 filed by the company and 24 filed against it. 5 are pending. Most are in the district courts.
Mohit Ispat was incorporated on 03 March 1997, making it 29+ years old. It is registered with the Registrar of Companies, Goa.
Mohit Ispat has 9 deals on record (5 secondary share transfers, 4 funding rounds), with disclosed funding of ₹9.57 Cr; the latest was in March 2018.
The peers of Mohit Ispat by revenue are Nav Durga Fuel Private Limited, Avon Ispat & Power Limited, Shyam Steel Works Private Limited, Shree Waris Piya Steel Company Private Limited, Premier Bars Limited and 4 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Sanjeev Kumar Mathiyan ceased to be Director on 22 Jan 2025. Subhash Chand ceased to be Whole-Time Director on 22 Jan 2025. Divya Mittal was appointed as Additional Director on 21 Jan 2025. Mohit Ispat has 11 board changes on record in total.
Mohit Ispat can be reached through the website mohitispat.com. Its registered office is in Bicholim, Goa, India.