- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-21-0002633

Neo Ispat Private Limited
About Neo Ispat Private Limited
Data last updated:
Neo Ispat Private Limited is a private limited company based in Prantij, Gujarat, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 02 April 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U28113GJ2010PTC060128. Its GSTIN is 24AADCN2310G1Z3 (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Viralkumar Hasmukhbhai Patel and Ashishkumar Haribhai Patel.
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 Survey No. 189/190/191 Opp Ceramic Zone At & Po Sonasan N.H No.8 Ta – Prantij, Gujarat, India – 383210.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.98 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net profit of ₹10.92 Lakh (net margin 0.7%) and EBITDA of ₹1.42 Cr (EBITDA margin 9.5%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 9% over five years.
The company has about 44 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹17.62 Cr on record.
Neo Ispat Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-21-0002633). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Neo Ispat
Contact details
Neo Ispat Private Limited's registered office is in Prantij, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSurvey No. 189/190/191 Opp Ceramic Zone At & Po Sonasan N.H No.8 Ta – Prantij, Gujarat, India – 383210
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Neo 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 Neo 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 Neo Ispat Private Limited, buy the company report.
Financials of Neo Ispat Private Limited
FY 2024 filings availableNeo Ispat Private Limited reported revenue of ₹14.98 Cr (down 36% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 36% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.42 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.92 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.5% | ||||
| Net Profit Margin | 0.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Neo Ispat Private Limited, buy the company report.
Board of directors of Neo Ispat Private Limited
Neo 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 |
|---|---|---|---|---|
| Viralkumar Hasmukhbhai Patel Also directs: Status Seramik India Private Limited | Director | 24 Jun 2017 | 9 Years 4 Months | Current |
| Ashishkumar Haribhai Patel | Director | 26 Mar 2015 | 11 Years 7 Months | Current |
| Hareshbhai Dhanjibhai Patel | Director | 02 Apr 2010 | 16 Years 7 Months | Current |
Peer comparison
Neo Ispat Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Die Casting), 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 |
|---|---|---|---|---|---|---|
| Chandranchal Efforts Private Limited | ₹15.21 Cr (FY 2025) | 23.0% | New Delhii, Delhi, India | |||
| Amit Enterprises Pvt Ltd. | ₹15.16 Cr (FY 2024) | -11.0% | Howrah, West Bengal, India | |||
| Sadguru Autocomponents Private Limited | ₹15 Cr (FY 2024) | 105.0% | Pune, Maharashtra, India | |||
| Neo Ispat Private Limitedthis company | ₹14.98 Cr (FY 2025) | ₹10.92 Lakh | 0.7% | -36.0% | 44 | Prantij, Gujarat, India |
| A-One Extrusion Private Limited | ₹14.93 Cr (FY 2025) | -60.0% | Sonipat, Haryana, India | |||
| Magnatherm Alloys Private Limited | ₹14.91 Cr (FY 2024) | 5.0% | Chennai, Tamil Nadu, India | |||
| Melco Precisions Private Ltd | ₹14.81 Cr (FY 2024) | 23.0% | Delhi, India |
To see the full peer comparison of Neo Ispat Private Limited, buy the company report.
Auditor
Neo Ispat Private Limited is audited by RATILAL & MAHENDRA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RATILAL & MAHENDRA | FY 2023 | 046039 |
Shareholding
The shareholding of Neo 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 Neo Ispat Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Apr 2023 | 100711497 | Others | ₹59.5 Lakh | Open | |
| 30 Aug 2022 | 100614063 | Others | ₹1.62 Cr | Open | |
| 09 Oct 2010 | 10247120 | Others | ₹4.5 Cr | Open | |
| 09 Oct 2010 | 10247136 | The Mehsana Urban Co-Operative Bank Limited | ₹1.85 Cr | Open | |
| 08 Oct 2010 | 10247119 | Others | ₹9.05 Cr | Open |
To see the full charge records of Neo Ispat Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Neo Ispat Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Neo Ispat Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Neo Ispat Private Limited has a workforce of 44 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Neo Ispat has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCN2310G1Z3 | Gujarat | Active | 01 Jul 2017 |
| 24AADCN2310G1DC | Gujarat | Active | 09 Jan 2025 |
To see the full GST registrations and return filing status of Neo Ispat Private Limited, buy the company report.
Recent activity
Neo Ispat Private Limited has 8 board changes on record since 2010: 3 appointments and 5 cessations. The latest: Ramashray Sonairam Yadav ceased to be Additional Director on 25 Jun 2019.
7 earlier events are in the company report.
Frequently asked questions
Neo Ispat is an active private limited company based in Prantij, Gujarat, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 02 April 2010 (16+ years old) and is registered under CIN U28113GJ2010PTC060128.
Neo Ispat has 3 current directors:
- Viralkumar Hasmukhbhai Patel - Director
- Ashishkumar Haribhai Patel - Director
- Hareshbhai Dhanjibhai Patel - Director
The latest financial statements of Neo 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 Neo Ispat is 24AADCN2310G1Z3, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AADCN2310G1DC (Gujarat).
The CIN (Corporate Identification Number) of Neo Ispat is U28113GJ2010PTC060128. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neo Ispat was incorporated on 02 April 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Neo Ispat by revenue are Chandranchal Efforts Private Limited, Amit Enterprises Pvt Ltd, Sadguru Autocomponents Private Limited, A-One Extrusion Private Limited, Magnatherm Alloys Private Limited and 1 more, all in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products).
Ramashray Sonairam Yadav ceased to be Additional Director on 25 Jun 2019. Viralkumar Hasmukhbhai Patel ceased to be Additional Director on 30 Sep 2017. Viralkumar Hasmukhbhai Patel was appointed as Director on 24 Jun 2017. Neo Ispat has 8 board changes on record in total.
Yes, Neo Ispat is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-21-0002633).
The registered office of Neo Ispat is at Survey No. 189190191 Opp Ceramic Zone At & Po Sonasan N.H No.8 Ta – Prantij, Gujarat, India – 383210.
Neo Ispat operates in the metals and minerals industry, in the steel manufacturing and processing segment.

