About KB Ispat Private Limited
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KB Ispat Private Limited is a private limited company based in Bhavnagar, Gujarat, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 23 December 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27310GJ2010PTC063359. Its GSTIN is 24AAECK2588C1ZP (Gujarat). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹8.5 Cr and a paid-up capital of ₹8.46 Cr. It is led by directors including Hemantbhai Rasiklal Vora and Nilesh Bhai Vora.
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 93/A Gita Chowk Krishnanagar, Bhavnagar, Gujarat, India – 364001.
As per the financials filed for FY 2025, the company reported a revenue of ₹565.68 Cr, a growth of 48% compared to the previous year. For the same year it recorded a net profit of ₹5.63 Cr (net margin 1%) and EBITDA of ₹31.95 Cr (EBITDA margin 5.6%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 32% over five years.
The company has about 2 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: KB Ispat. As per MCA filings, the company has open charges of ₹363.36 Cr and satisfied charges of ₹29.44 Cr on record. Court records list 28 cases involving the company, including 6 filed by the company and 22 filed against it; 7 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kbtmt.com.
Company details
Contact details
KB Ispat Private Limited's registered office is in Bhavnagar, Gujarat. Its website is kbtmt.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No 93/A Gita Chowk Krishnanagar, Bhavnagar, Gujarat, India – 364001
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of KB 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 KB 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 KB Ispat Private Limited, buy the company report.
Financials of KB Ispat Private Limited
FY 2024 filings availableKB Ispat Private Limited reported revenue of ₹565.68 Cr (up 48% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 48% growth in the latest year. EBITDA rose 71% 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 | ₹31.95 Cr | ||||
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| Net Profit (PAT) | ₹5.63 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 5.6% | ||||
| Net Profit Margin | 1% | ||||
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To see the full financial statements and ratios of KB Ispat Private Limited, buy the company report.
Board of directors of KB Ispat Private Limited
KB Ispat has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemantbhai Rasiklal Vora Also directs: Priti Steel and Pipes Private Limited, Tirupati Re-Rolling Mills Private Limited, K K TMT Manufacturer Private Limited and 3 more | Director | 23 Dec 2010 | 15 Years 10 Months | Current |
| Nilesh Bhai Vora | Director | 23 Dec 2010 | 15 Years 10 Months | Current |
| Kumarbhai Rasiklal Vora Also directs: Priti Steel and Pipes Private Limited, Aadeshwar International LLP | Director | 23 Dec 2010 | 15 Years 10 Months | Current |
Peer comparison
KB Ispat Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| CHW Forge Private Limited | ₹568.18 Cr (FY 2025) | -4.0% | Ghaziabad, Uttar Pradesh, India | |||
| Visa Steel Limited | ₹567.43 Cr (FY 2025) | -15.0% | Khorda, Odisha, India | |||
| Jailaxmi Casting and Alloys Private Limited | ₹565.83 Cr (FY 2025) | 1.0% | Aurangabad, Maharashtra, India | |||
| KB Ispat Private Limitedthis company | ₹565.68 Cr (FY 2025) | ₹5.63 Cr | 1% | 48.0% | 2 | Bhavnagar, Gujarat, India |
| Nilkanth Concast Private Limited | ₹565.4 Cr (FY 2024) | -12.0% | Ahmedabad, Gujarat, India | |||
| Rudra Global Infra Products Limited | ₹561.28 Cr (FY 2025) | 1.0% | Bhavnagar, Gujarat, India | |||
| Shree Parashnath Re-Roolling Mills Limited | ₹560.72 Cr (FY 2025) | -12.0% | Durgapur, West Bengal, India |
To see the full peer comparison of KB Ispat Private Limited, buy the company report.
Auditor
KB Ispat Private Limited is audited by A. J. Mandera & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A. J. Mandera & Co | FY 2023 | 112611W |
Shareholding
The shareholding of KB 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 KB Ispat Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Oct 2023 | 100793697 | Others | ₹143.71 Cr | Open | |
| 05 Oct 2023 | 100793696 | Others | ₹143.71 Cr | Open | |
| 23 Mar 2021 | 100437246 | Hdfc Bank Limited | ₹25.02 Lakh | Open | |
| 15 Jan 2020 | 100320937 | Hdfc Bank Limited | ₹75.68 Cr | Open | |
| 11 Jul 2012 | 10364969 | State Bank of India | ₹29.44 Cr | Satisfied |
To see the full charge records of KB Ispat Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
KB Ispat Private Limited has 28 court cases on record: 6 filed by KB Ispat, 22 filed against it. 7 cases are pending and 21 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 18 | 6 |
| High courts | 6 | 1 | 0 |
| NCLAT | 2 | 2 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 28)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bhavnagar, Gujarat | Court case (EXE R) | Filed against the company by Ms Oms Logistics Pvt Ltd Through Its Director Ram Chandra Bhagat | Pending |
| District court, Bhavnagar, Gujarat | Court case (EXE R) | Filed against the company by Ms Oms Logistics Pvt Ltd Through Its Director Ram Chandra Bhagat | Disposed |
| High Court of Punjab and Haryana | Writ petition | Filed against the company by Ms Fuelsave Systems and Devices Pvt Ltd | Disposed |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against Ms Oms Logistics Pvt Ltd and 1 other | Disposed |
| District court, Faridabad, Haryana | Execution petition | Filed against the company by Ms Oms Logistics Pvt Ltd | Disposed |
To see the full case history of KB 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 KB Ispat Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
KB 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 |
|---|---|---|
| Priti Steel and Pipes Private Limited | U27310GJ2010PTC063362 |
To see the full group structure of KB Ispat Private Limited, buy the company report.
Employees & EPFO
KB Ispat Private Limited has a workforce of 2 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
KB Ispat has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECK2588C1ZP | Gujarat | Active | 01 Jul 2017 |
| 24AAECK2588C1DY | Gujarat | Active | 25 Oct 2024 |
To see the full GST registrations and return filing status of KB Ispat Private Limited, buy the company report.
Recent activity
KB Ispat Private Limited has 5 board changes on record since 2010: 3 appointments and 2 cessations. The latest: Mayuriben Hemantbhai Vora ceased to be Director on 11 Feb 2019.
4 earlier events are in the company report.
Frequently asked questions
KB Ispat is an active private limited company based in Bhavnagar, Gujarat, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 23 December 2010 (16+ years old) and is registered under CIN U27310GJ2010PTC063359.
KB Ispat has 3 current directors:
- Hemantbhai Rasiklal Vora - Director
- Nilesh Bhai Vora - Director
- Kumarbhai Rasiklal Vora - Director
The latest financial statements of KB 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 KB Ispat is 24AAECK2588C1ZP, registered in Gujarat. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAECK2588C1DY (Gujarat).
The CIN (Corporate Identification Number) of KB Ispat is U27310GJ2010PTC063359. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
KB Ispat has 28 court cases on record: 6 filed by the company and 22 filed against it. 7 are pending. Most are in the district courts.
KB Ispat was incorporated on 23 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of KB Ispat by revenue are CHW Forge Private Limited, Visa Steel Limited, Jailaxmi Casting and Alloys Private Limited, Nilkanth Concast Private Limited, Rudra Global Infra Products Limited and 1 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Mayuriben Hemantbhai Vora ceased to be Director on 11 Feb 2019. Sejalben Nileshbhai Vora ceased to be Director on 11 Feb 2019. Hemantbhai Rasiklal Vora was appointed as Director on 23 Dec 2010. KB Ispat has 5 board changes on record in total.
KB Ispat can be reached through the website kbtmt.com. Its registered office is in Bhavnagar, Gujarat, India.
The registered office of KB Ispat is at Plot No 93A Gita Chowk Krishnanagar, Bhavnagar, Gujarat, India – 364001.