MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-GA-02-0002206
Shivam Ispat Private Limited
Shivam Ispat Private Limited - metals and minerals in Kundaim, Goa, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹191.6 Cr
▼ 13% YoY
Net profit · FY 2025
₹65.04 Lakh
Net margin 0.3%
EBITDA · FY 2025
₹2.43 Cr
EBITDA margin 1.3%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.5 Cr
Issued & subscribed
Open charges
₹32.09 Cr
Secured borrowings
Company age
29 yrs
Est. 1997
Employees · EPFO
13
Provident fund records
About Shivam Ispat Private Limited
Data last updated:
Shivam Ispat Private Limited is a private limited company based in Kundaim, Goa, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 10 June 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U27108GA1997PTC002354. Its GSTIN is 30AAECS5956J1Z7 (Goa).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors Vijay Goyal and Vijender Kumar Singla.
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. – 333 – 335 Kundaim Industrial Estate, Goa, India – 403115.
As per the financials filed for FY 2025, the company reported a revenue of ₹191.6 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹65.04 Lakh (net margin 0.3%) and EBITDA of ₹2.43 Cr (EBITDA margin 1.3%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 7% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Shivam Ispat. As per MCA filings, the company has open charges of ₹32.09 Cr on record. Court records list 31 cases involving the company, including 11 filed by the company and 20 filed against it; 5 cases are pending. The company has 3 deals on record (3 secondary share transfers); the latest was in April 2012. Its 10 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 5 larger and 5 smaller; the largest is Vinir Engineering Limited with revenue of ₹192.83 Cr.
Shivam Ispat Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GA-02-0002206). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U27108GA1997PTC002354
Registration Number 002354
Incorporation Date 10 June 1997
ROC Goa
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GA-02-0002206
Recognitions & Rankings of Shivam Ispat
Contact details
Shivam Ispat Private Limited's registered office is in Kundaim, Goa. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. – 333 – 335 Kundaim Industrial Estate, Goa, India – 403115
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Shivam Ispat Private Limited, buy the company report.
Comprehensive company report
Shivam 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Shivam Ispat operates one associated brand: Shivam Ispat. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| shivamispat.in |
Business activity
The main business activity of Shivam 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 Shivam Ispat Private Limited, buy the company report.
Financials of Shivam Ispat Private Limited
FY 2024 filings availableShivam Ispat Private Limited reported revenue of ₹191.6 Cr (down 13% YoY) for FY 2025.
Revenue · FY 2025
₹191.6 Cr ▼ 13%
Net profit · FY 2025
₹65.04 Lakh margin 0.3%
EBITDA · FY 2025
₹2.43 Cr margin 1.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 13%
3 years · compounded
▲ 1%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▼ 13%
3 years · compounded
▼ 4%
5 years · compounded
▲ 1%
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 13% 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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| Total Expenses | |||||
| EBITDA | ₹2.43 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹65.04 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.3% | ||||
| Net Profit Margin | 0.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Shivam Ispat Private Limited, buy the company report.
Board of directors of Shivam Ispat Private Limited
Shivam Ispat has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Goyal Also directs: Shivram Krishna Iron and Steel Traders Private Limited | Director | 15 Jan 2005 | 21 Years 9 Months | Current |
| Vijender Kumar Singla Also directs: Shivram Krishna Enterprises LLP, Shree Bhagwan Packaging LLP, Shivram Krishna Iron and Steel Traders Private Limited and 1 more | Director | 31 Mar 1998 | 28 Years 6 Months | Current |
Peer comparison
Shivam Ispat Private Limited is compared with the 10 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 |
|---|---|---|---|---|---|---|
| Vinir Engineering Limited | ₹192.83 Cr (FY 2025) | -18.0% | Bangalore, Karnataka, India | |||
| Goyal Malleables Private Limited | ₹192.51 Cr (FY 2025) | 10.0% | Mandi Gobindgarh, Punjab, India | |||
| Subhlabh Cements Private Limited | ₹192.5 Cr (FY 2025) | 16.0% | Kolkata, West Bengal, India | |||
| Kharewali Steel Private Limited | ₹192.16 Cr (FY 2018) | 39.0% | Mumbai, Maharashtra, India | |||
| Saraf Steels Agency Private Limited | ₹192.06 Cr (FY 2025) | -9.0% | Guwahati, Assam, India | |||
| Shivam Ispat Private Limitedthis company | ₹191.6 Cr (FY 2025) | ₹65.04 Lakh | 0.3% | -13.0% | 13 | Kundaim, Goa, India |
| Shiv Shankar Sponge Iron Private Limited | ₹191.6 Cr (FY 2025) | 15.0% | Balarampur, West Bengal, India | |||
| Jailaxmi Special Steel Private Limited | ₹191.6 Cr (FY 2025) | 13.0% | Aurangabad, Maharashtra, India | |||
| Times Steel & Power Private Limited | ₹191.55 Cr (FY 2025) | -50.0% | Rourkela, Odisha, India | |||
| Kaushal Power & Steel Private Limited | ₹191.41 Cr (FY 2023) | 29.0% | Kolkata, West Bengal, India | |||
| Shree S.B.G. Steels Private Limited | ₹190.81 Cr (FY 2025) | -17.0% | Delhi, India |
To see the full peer comparison of Shivam Ispat Private Limited, buy the company report.
Auditor
Shivam 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 | 121762W |
Shareholding
The shareholding of Shivam 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 Shivam Ispat Private Limited, buy the company report.
Charges & borrowings
Open charges
₹32.09 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2025 | 101081018 | Others | ₹3 Cr | Open | |
| 26 Oct 2021 | 100496165 | Others | ₹3.75 Cr | Open | |
| 21 Oct 2020 | 100380920 | Others | ₹2.07 Cr | Open | |
| 12 Dec 2002 | 90077914 | Others | ₹14.98 Cr | Open | |
| 12 Dec 2002 | 90075785 | Oriental Bank of Commerce | ₹4.94 Cr | Open |
To see the full charge records of Shivam Ispat Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Shivam Ispat Private Limited has 3 deals on record (3 secondary share transfers); the latest was in April 2012.
Total deals
3
Secondary share transfers
3
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2009 | Secondary share transfer | Undisclosed | Buyer: Vijender Kumar Singla HUF, 2 individuals Seller: 4 individuals |
| Dec 2006 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Shivam Ispat Private Limited has 31 court cases on record: 11 filed by Shivam Ispat, 20 filed against it. 5 cases are pending and 26 are disposed.
Total cases
31
Filed by the company
11
Filed against the company
20
Pending
5
Disposed
26
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 26 | 18 | 4 |
| District courts | 3 | 1 | 1 |
| Supreme Court | 1 | 0 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North Goa, Goa | Civil suit | Filed against the company by M/S. Ambey Metallic Pvt. Ltd. | Pending |
| High Court, GOA | Court case (MCA) | Filed by the company against State Government of Goa, Through Chief Secretary and 2 Ors and 2 others | Pending |
| High Court, GOA | Writ petition | Filed by the company against Union of India, Ministry of Finance and Anr and 1 other | Pending |
| Bombay High Court | Appeal | Filed by the company against State Government of Goa Through Chief Secretary and 2 Ors., | Pending |
| High Court, GOA | Writ petition | Filed by the company against Union of India, Ministry of Finance and Anr and 1 other | Disposed |
To see the full case history of Shivam 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
Shivam Ispat Private Limited was last rated by Crisil on 27 Oct 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 27 Oct 2020 |
To see the full credit ratings and regulatory alerts of Shivam Ispat Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shivam Ispat Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shivam Ispat Private Limited has a workforce of 13 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
13
Active EPFO establishments
1
Employee growth
-66.67%
GST
Shivam Ispat has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AAECS5956J1Z7 | Goa | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shivam Ispat Private Limited, buy the company report.
Recent activity
Shivam Ispat Private Limited has 3 board changes on record since 1998: 2 appointments and 1 cessation. The latest: Nikunj Singla ceased to be Director on 16 Dec 2013.
Charges
A charge with Others of Rs. 14.98 Cr registered on 12 Dec 2002 with Charge ID 90077914 was modified on 24 Jun 2025.
Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 101081018 was registered on 28 Mar 2025.
AGM
Shivam Ispat Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Shivam Ispat Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Goa.
Charges
A charge with Others of Rs. 3.75 Cr registered on 26 Oct 2021 with Charge ID 100496165 was modified on 05 Jan 2023.
Charges
A charge with Others amounted to Rs. 3.75 Cr with Charge ID 100496165 was registered on 26 Oct 2021.
Charges
A charge with Others amounted to Rs. 2.07 Cr with Charge ID 100380920 was registered on 21 Oct 2020.
Ceased
Nikunj Singla ceased to be Director.
Appointed
Vijay Goyal was appointed as Director.
Charges
A charge with Oriental Bank Of Commerce amounted to Rs. 4.94 Cr with Charge ID 90075785 was registered on 12 Dec 2002.
Charges
A charge with Others amounted to Rs. 14.98 Cr with Charge ID 90077914 was registered on 12 Dec 2002.
Charges
A charge with Oriental Bank Of Commerce amounted to Rs. 2.80 Cr with Charge ID 90077503 was registered on 30 Nov 2002.
7 earlier events are in the company report.
Frequently asked questions
Shivam Ispat is an active private limited company based in Kundaim, Goa, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 10 June 1997 (29+ years old) and is registered under CIN U27108GA1997PTC002354.
Shivam Ispat has 2 current directors:
- Vijay Goyal - Director
- Vijender Kumar Singla - Director
The latest financial statements of Shivam 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 Shivam Ispat is 30AAECS5956J1Z7, registered in Goa.
The CIN (Corporate Identification Number) of Shivam Ispat is U27108GA1997PTC002354. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shivam Ispat has 31 court cases on record: 11 filed by the company and 20 filed against it. 5 are pending. Most are in the high courts.
Shivam Ispat was incorporated on 10 June 1997, making it 29+ years old. It is registered with the Registrar of Companies, Goa.
Shivam Ispat has 3 deals on record (3 secondary share transfers); the latest was in April 2012.
The peers of Shivam Ispat by revenue are Vinir Engineering Limited, Goyal Malleables Private Limited, Subhlabh Cements Private Limited, Kharewali Steel Private Limited, Saraf Steels Agency Private Limited and 5 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Nikunj Singla ceased to be Director on 16 Dec 2013. Vijay Goyal was appointed as Director on 15 Jan 2005. Vijender Kumar Singla was appointed as Director on 31 Mar 1998.
Yes, Shivam Ispat is registered as a medium enterprise under Udyam registration (number: UDYAM-GA-02-0002206).