Ispat Corp Limited
About Ispat Corp Limited
Data last updated:
Ispat Corp Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the metal casting segment of the metals and mining sector. It was incorporated on 29 July 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27310MH2011PLC220291.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹81.28 Lakh. It is led by directors including Jagdishprasad Ishwardas Khemka and Shweta Umesh Roge.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 7th Floor Nirmal Nariman Point, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2024, the company reported a revenue of ₹29.85 Lakh, a growth of 2% compared to the previous year. For the same year it recorded a net loss of ₹63.5 Lakh (net margin -212.7%) and EBITDA of -₹48.14 Lakh (EBITDA margin -161.3%). Revenue has grown at a compounded annual rate (CAGR) of 90% over three years and 12% over five years.
Court records list 7 cases involving the company, including 7 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Ispat Corp has one previous CIN (Corporate Identification Number): U27310MH2011PTC220291. The current CIN is U27310MH2011PLC220291, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27310MH2011PLC220291 | Current |
| U27310MH2011PTC220291 | Previous |
Contact details
Ispat Corp Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address7th Floor Nirmal Nariman Point, Mumbai, Maharashtra, India – 400020
- IndustryMetal & Minerals, Metal Casting, Iron & Steel Casting
To see the full contact details of Ispat Corp 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 Ispat Corp Limited
FY 2024 filings availableIspat Corp Limited reported revenue of ₹29.85 Lakh (up 2% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 2% growth in the latest year. EBITDA fell 522% 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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| Total Expenses | |||||
| EBITDA | -₹48.14 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹63.5 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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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 | -161.3% | ||||
| Net Profit Margin | -212.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
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To see the full financial statements and ratios of Ispat Corp Limited, buy the company report.
Board of directors of Ispat Corp Limited
Ispat Corp has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jagdishprasad Ishwardas Khemka Also directs: Nexzu Mobility Limited, Decorum Villa Private Limited, Ifcm Human Assets Management Private Limited and 1 more | Director | 01 Jul 2017 | 9 Years 4 Months | Current |
| Shweta Umesh Roge Also directs: Nexzu Mobility Limited, Sparkride Mobility Limited, Wani Minerals Private Limited and 5 more | Director | 01 Nov 2023 | 3 Years 0 Months | Current |
| Archana Mittal Also directs: Varataan Designs (OPC) Private Limited | Director | 01 Dec 2016 | 9 Years 11 Months | Current |
Peer comparison
Ispat Corp Limited is compared with the 10 companies closest to it by revenue in the Metals and Minerals industry (Steel), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| BMW Steels (Uttarakhand) Limited | ₹30.01 Lakh (FY 2025) | 0.0% | Bhagwanpur Roorkee, Uttarakhand, India | |||
| The Calcutta Iron and Steel Company Private Limited | ₹30 Lakh (FY 2025) | Mumbai, Maharashtra, India | ||||
| Pawagadh Steel Private Limited | ₹30 Lakh (FY 2022) | Ahmedabad, Gujarat, India | ||||
| Bombay Steel Private Limited | ₹29.9 Lakh (FY 2020) | Thane, Maharashtra, India | ||||
| Pioneer Silico Private Limited | ₹29.9 Lakh (FY 2024) | -48.0% | Meghalaya, India | |||
| Ispat Corp Limitedthis company | ₹29.85 Lakh (FY 2024) | -₹63.5 Lakh | -212.7% | 2.0% | Mumbai, Maharashtra, India | |
| Blue Steel Engineers Private Limited | ₹29.81 Lakh (FY 2025) | 70.0% | Mumbai, Maharashtra, India | |||
| Buffindia Receptacles Private Limited | ₹29.81 Lakh (FY 2024) | 1756.0% | Mehsana, Gujarat, India | |||
| Avinash Ispat Private Limited | ₹29.74 Lakh (FY 2025) | 992.0% | Raipur, Chhattisgarh, India | |||
| Granatic Infra Private Limited | ₹29.64 Lakh (FY 2025) | 230.0% | Nagpur, Maharashtra, India | |||
| Gemson Melt Private Limited | ₹29.64 Lakh (FY 2018) | 5.0% | Assam, India |
To see the full peer comparison of Ispat Corp Limited, buy the company report.
Auditor
Ispat Corp Limited is audited by SAGAR KOKNE & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAGAR KOKNE & COMPANY | FY 2023 | 170332 |
Shareholding
The shareholding of Ispat Corp 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ispat Corp Limited, buy the company report.
Legal cases
Ispat Corp Limited has 7 court cases on record: 7 filed against it. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 6 | 6 | 0 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (4 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case | Filed against the company by Balasore Alloys Limited | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by an individual | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| NCLAT, NCLAT New Delhi | Court case (Caveat) | Filed against the company by an individual | Disposed |
To see the full case history of Ispat Corp 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 Ispat Corp Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Ispat Corp Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ispat Corp Limited has 10 board changes on record since 2015: 3 appointments and 7 cessations. The latest: Shweta Umesh Roge ceased to be Additional Director on 27 Sep 2024.
1 earlier event is in the company report.
Frequently asked questions
Ispat Corp is an active public limited company based in Mumbai, Maharashtra, India. The company works in metal casting, within the metal and minerals industry. It was incorporated on 29 July 2011 (15+ years old) and is registered under CIN U27310MH2011PLC220291.
Ispat Corp has 3 current directors:
- Jagdishprasad Ishwardas Khemka - Director
- Shweta Umesh Roge - Director
- Archana Mittal - Director
The latest financial statements of Ispat Corp on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Ispat Corp is U27310MH2011PLC220291. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ispat Corp has 7 court cases on record: 7 filed against it. 1 is pending. Most are in the nclat.
Ispat Corp was incorporated on 29 July 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ispat Corp by revenue are BMW Steels (Uttarakhand) Limited, The Calcutta Iron and Steel Company Private Limited, Pawagadh Steel Private Limited, Bombay Steel Private Limited, Pioneer Silico Private Limited and 5 more, all in the Metals and Minerals industry (Steel).
Shweta Umesh Roge ceased to be Additional Director on 27 Sep 2024. Vinod Kumar Mittal ceased to be Director on 03 Nov 2023. Shweta Umesh Roge was appointed as Director on 01 Nov 2023. Ispat Corp has 10 board changes on record in total.
The registered office of Ispat Corp is at 7th Floor Nirmal Nariman Point, Mumbai, Maharashtra, India – 400020.
Ispat Corp operates in the metal and minerals industry, in the metal casting segment.
The compliance status of Ispat Corp is compliant as of 29 September 2026. The company is actively filing with the Registrar of Companies.
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