About Ispat Infrastructure (India) Limited
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Ispat Infrastructure (India) Limited is a public limited company based in Navi Mumbai, Maharashtra, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 19 December 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45203MH2000PLC130118. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹14 Cr. It was formerly known as Ispat Infrastructure (India) Private Limited. It is led by directors including Kapil Ravi Ghai (Managing Director) and Nikhil Ravi Ghai (Whole-Time Director).
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 470 Central Facility Bldg. No. 2 Apmc Market – Iip Phase – II Sector – 19 Vashi, Navi Mumbai, Maharashtra, India – 400705.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.19 Lakh, a decline of 88% compared to the previous year. For the same year it recorded a net loss of ₹17.37 Lakh and EBITDA of -₹17.37 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 51% over three years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.51 Cr and satisfied charges of ₹46.64 Cr on record. Court records list 52 cases involving the company, including 6 filed by the company and 46 filed against it; 5 cases are pending.
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 iiipl.in.
Company details
CIN history
Ispat Infrastructure (India) has one previous CIN (Corporate Identification Number): U45203MH2000PTC130118. The current CIN is U45203MH2000PLC130118, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45203MH2000PLC130118 | Current |
| U45203MH2000PTC130118 | Previous |
Contact details
Ispat Infrastructure (India) Limited's registered office is in Navi Mumbai, Maharashtra. Its website is iiipl.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address470 Central Facility Bldg. No. 2 Apmc Market – Iip Phase – II Sector – 19 Vashi, Navi Mumbai, Maharashtra, India – 400705
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Ispat Infrastructure (India) 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 Ispat Infrastructure (India) is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Ispat Infrastructure (India) Limited, buy the company report.
Financials of Ispat Infrastructure (India) Limited
FY 2025 filings availableIspat Infrastructure (India) Limited reported revenue of ₹1.19 Lakh (down 88% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 51% over three years, including a 88% fall in the latest year. EBITDA rose 89% 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 |
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| EBITDA | -₹17.37 Lakh | ||||
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| Net Profit (PAT) | -₹17.37 Lakh | ||||
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Financial Ratios
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To see the full financial statements and ratios of Ispat Infrastructure (India) Limited, buy the company report.
Board of directors of Ispat Infrastructure (India) Limited
Ispat Infrastructure (India) has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Ravi Ghai Also directs: Icaro Machines (India) Private Limited, Dhiren Electronics Pvt Ltd, Mast Climber Equipement India Private Limited and 1 more | Whole-Time Director | 19 Dec 2000 | 25 Years 10 Months | Current |
| Ashish Ravinder Ghai Also directs: Icaro Machines (India) Private Limited, Dhiren Electronics Pvt Ltd, Mast Climber Equipement India Private Limited and 2 more | Whole-Time Director | 19 Dec 2000 | 25 Years 10 Months | Current |
| Kapil Ravi Ghai | Managing Director | 19 Dec 2000 | 25 Years 10 Months | Current |
Auditor
Ispat Infrastructure (India) Limited is audited by M/s N K SHAH & ASSOCIATE for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M/s N K SHAH & ASSOCIATE | FY 2023 | 7687W |
Shareholding
The shareholding of Ispat Infrastructure (India) Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ispat Infrastructure (India) Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 May 2024 | 100930013 | Others | ₹2.51 Cr | Open | |
| 20 Oct 2007 | 10080537 | Others | ₹46.64 Cr | Satisfied |
To see the full charge records of Ispat Infrastructure (India) Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Ispat Infrastructure (India) Limited has 52 court cases on record: 6 filed by Ispat Infrastructure (India), 46 filed against it. 5 cases are pending and 47 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 32 | 31 | 1 |
| High courts | 20 | 15 | 4 |
Cases on record (5 of 52)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (APP) | Filed by the company against Union Roadways Ltd. | Disposed |
| Bombay High Court | Court case (NMA) | Filed by the company against Union Roadways Ltd. | Disposed |
| Bombay High Court | Court case (CHOL) | Filed against the company by Union Roadways Ltd. | Disposed |
| Bombay High Court | Appeal | Filed against the company by M/S. Union Roadways Ltd. | Disposed |
| Bombay High Court | Company petition | Filed against the company by M/S. Union Roadways Ltd. | Disposed |
To see the full case history of Ispat Infrastructure (India) 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 Infrastructure (India) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ispat Infrastructure (India) Limited has a workforce of 8 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
GST
Ispat Infrastructure (India) 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 Ispat Infrastructure (India) Limited, buy the company report.
Recent activity
Ispat Infrastructure (India) Limited has 9 board changes on record since 2000: 3 appointments and 6 cessations. The latest: Mahera Saifudin Rangwala ceased to be Director on 01 Apr 2011.
4 earlier events are in the company report.
Frequently asked questions
Ispat Infrastructure (India) is an active public limited company based in Navi Mumbai, Maharashtra, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 19 December 2000 (26+ years old) and is registered under CIN U45203MH2000PLC130118.
Ispat Infrastructure (India) has 3 current directors:
- Kapil Ravi Ghai - Managing Director
- Nikhil Ravi Ghai - Whole-Time Director
- Ashish Ravinder Ghai - Whole-Time Director
The latest financial statements of Ispat Infrastructure (India) 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. Ispat Infrastructure (India) has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Ispat Infrastructure (India) is U45203MH2000PLC130118. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ispat Infrastructure (India) has 52 court cases on record: 6 filed by the company and 46 filed against it. 5 are pending. Most are in the district courts.
Ispat Infrastructure (India) was incorporated on 19 December 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
Mahera Saifudin Rangwala ceased to be Director on 01 Apr 2011. John Joe Lobo ceased to be Additional Director on 29 Sep 2010. Sandeep Dagdu Shinde ceased to be Additional Director on 29 Sep 2010. Ispat Infrastructure (India) has 9 board changes on record in total.
Ispat Infrastructure (India) can be reached through the website iiipl.in. Its registered office is in Navi Mumbai, Maharashtra, India.
The registered office of Ispat Infrastructure (India) is at 470 Central Facility Bldg. No. 2 Apmc Market – Iip Phase – II Sector – 19 Vashi, Navi Mumbai, Maharashtra, India – 400705.