Neo Ispat Private Limited - metals and minerals in Prantij, Gujarat, India. FY 2026 financials & compliance.
CIN U28113GJ2010PTC060128 Incorporated 02 April 2010 ROC Ahmedabad HQ Prantij, Gujarat, India
Active Private Limited Company metals and minerals MSME · Small
Data last updated
Revenue · FY 2025
₹14.98 Cr
▼ 36% YoY
Net profit · FY 2025
₹10.92 Lakh
Net margin 0.7%
EBITDA · FY 2025
₹1.42 Cr
EBITDA margin 9.5%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹17.62 Cr
Secured borrowings
Company age
16 yrs
Est. 2010
Employees · EPFO
44
Provident fund records

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

CIN U28113GJ2010PTC060128
Registration Number 060128
Incorporation Date 02 April 2010
ROC Ahmedabad
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 Small
Udyam Registration UDYAM-GJ-21-0002633

Recognitions & Rankings of Neo Ispat

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-21-0002633

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 Address
    Survey No. 189/190/191 Opp Ceramic Zone At & Po Sonasan N.H No.8 Ta – Prantij, Gujarat, India – 383210
  • Industry
    Metals and Minerals, Steel Manufacturing & Processing

To see the full contact details of Neo Ispat Private Limited, buy the company report.

Comprehensive company report
Neo 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
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Business activity

The main business activity of Neo Ispat is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal 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 available

Neo Ispat Private Limited reported revenue of ₹14.98 Cr (down 36% YoY) for FY 2025.

Revenue · FY 2025
₹14.98 Cr ▼ 36%
Net profit · FY 2025
₹10.92 Lakh margin 0.7%
EBITDA · FY 2025
₹1.42 Cr margin 9.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 36%
3 years · compounded
▲ 1%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▼ 13%
3 years · compounded
▲ 26%
5 years · compounded
▲ 39%

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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin9.5%
Net Profit Margin0.7%
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.

Current Directors
NameDesignationAppointment DateTenureStatus
Viralkumar Hasmukhbhai PatelDirector24 Jun 20179 Years 4 MonthsCurrent
Ashishkumar Haribhai PatelDirector26 Mar 201511 Years 7 MonthsCurrent
Hareshbhai Dhanjibhai PatelDirector02 Apr 201016 Years 7 MonthsCurrent

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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 Lakh0.7%-36.0%44Prantij, 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 firmFinancial yearFirm registration number
RATILAL & MAHENDRAFY 2023046039

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 categoryFY 2023FY 2022FY 2021FY 2020FY 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

Open charges
₹17.62 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹15.77 Cr
The Mehsana Urban Co-Operative Bank Limited₹1.85 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
06 Apr 2023100711497Others₹59.5 LakhOpen
30 Aug 2022100614063Others₹1.62 CrOpen
09 Oct 201010247120Others₹4.5 CrOpen
09 Oct 201010247136The Mehsana Urban Co-Operative Bank Limited₹1.85 CrOpen
08 Oct 201010247119Others₹9.05 CrOpen

To see the full charge records of Neo Ispat Private Limited, buy the company report.

Total charge records: 5 View all charges

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.

Employee count
44
Active EPFO establishments
1

GST

Neo Ispat has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
24AADCN2310G1Z3GujaratActive01 Jul 2017
24AADCN2310G1DCGujaratActive09 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.

AGM
Neo Ispat Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Neo Ispat Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 9.05 Cr registered on 08 Oct 2010 with Charge ID 10247119 was modified on 15 Apr 2023.
Charges
A charge with Others amounted to Rs. 0.60 Cr with Charge ID 100711497 was registered on 06 Apr 2023.
Charges
A charge with Others amounted to Rs. 1.62 Cr with Charge ID 100614063 was registered on 30 Aug 2022.
Charges
A charge with Others of Rs. 4.50 Cr registered on 09 Oct 2010 with Charge ID 10247120 was modified on 25 Mar 2022.
Ceased
Ramashray Sonairam Yadav ceased to be Additional Director.
Ceased
Viralkumar Hasmukhbhai Patel ceased to be Additional Director.
Appointed
Viralkumar Hasmukhbhai Patel was appointed as Director.
Ceased
Devendrakumar Mohanbhai Patel ceased to be Director.
Ceased
Keyur Pravinchandra Trivedi ceased to be Director.
Ceased
Ashishkumar Haribhai Patel ceased to be Additional Director.

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:

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.