- Category
- Medium (2022-23)
- Udyam number
- UDYAM-WB-23-0010930

Neptune Ispat Private Limited
About Neptune Ispat Private Limited
Data last updated:
Neptune Ispat Private Limited is a private limited company based in Kolkata, West Bengal, India, a subsidiary of Durgapur Re-Bars Private Limited. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 06 March 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U27101WB2007PTC113925. Its GSTIN is 19AACCN5169Q1ZN (West Bengal). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5.5 Cr and a paid-up capital of ₹4.23 Cr. It is led by directors including Himansu Bansal and Sudhanshu Bansal.
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 Kolkata, West Bengal.
As per the financials filed for FY 2025, the company reported a revenue of ₹159.31 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹94.88 Lakh (net margin 0.6%) and EBITDA of ₹8.29 Cr (EBITDA margin 5.2%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 24% over five years.
As per MCA filings, the company has open charges of ₹87.66 Cr and satisfied charges of ₹29.7 Cr on record. Court records list 9 cases involving the company, including 9 filed by the company; 6 cases are pending.
Neptune Ispat Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-23-0010930). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Neptune Ispat
Contact details
Neptune Ispat Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDn – 36 Primarc Tower, Sector – V Saltlake, Kolkata, West Bengal, India – 700091
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Neptune 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 Neptune 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 Neptune Ispat Private Limited, buy the company report.
Financials of Neptune Ispat Private Limited
FY 2024 filings availableNeptune Ispat Private Limited reported revenue of ₹159.31 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 9% growth in the latest year. EBITDA rose 27% 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 | ₹8.29 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹94.88 Lakh | ||||
| Balance Sheet | |||||
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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 | 5.2% | ||||
| Net Profit Margin | 0.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Neptune Ispat Private Limited, buy the company report.
Board of directors of Neptune Ispat Private Limited
Neptune Ispat has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Himansu Bansal Also directs: Shreesatya Mines Private Limited, Shreesatya Holdings Private Limited, Shreesatya Metal & Alloys Private Limited and 4 more | Director | 27 Mar 2023 | 3 Years 7 Months | Current |
| Sudhanshu Bansal Also directs: Shreesatya Mines Private Limited, Shreesatya Holdings Private Limited, Shreesatya Metal & Alloys Private Limited and 5 more | Director | 05 Jan 2023 | 3 Years 10 Months | Current |
| Satyanarayan Bansal Also directs: Shreesatya Mines Private Limited, Shreesatya Holdings Private Limited, Shreesatya Metal & Alloys Private Limited and 4 more | Director | 27 Mar 2023 | 3 Years 7 Months | Current |
Peer comparison
Neptune Ispat Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Viraya Steels Private Limited | ₹160.66 Cr (FY 2025) | 45.0% | Bhiwadi, Rajasthan, India | |||
| Chhabra Ispat Private Limited | ₹160.23 Cr (FY 2021) | 7.0% | Kolkata, West Bengal, India | |||
| Neptune Ispat Private Limitedthis company | ₹159.31 Cr (FY 2025) | ₹94.88 Lakh | 0.6% | 9.0% | Kolkata, West Bengal, India | |
| Bilasraika Sponge Iron India Private Limited | ₹159.31 Cr (FY 2025) | 1.0% | Hyderabad, Telangana, India | |||
| Shiva Castings Private Limited | ₹159.13 Cr (FY 2025) | -1.0% | Punjab, India | |||
| Kunj Bihari Steel Private Limited | ₹159.12 Cr (FY 2025) | 18.0% | Kolkata, West Bengal, India | |||
| Radha Metals Private Limited | ₹158.97 Cr (FY 2025) | 118.0% | Hyderabad, Telangana, India | |||
| Lahliwala Steels Pvt Ltd | ₹158.77 Cr (FY 2025) | -4.0% | Howrah, West Bengal, India |
To see the full peer comparison of Neptune Ispat Private Limited, buy the company report.
Auditor
Neptune Ispat Private Limited is audited by Kedia Dhandharia & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kedia Dhandharia & Co | FY 2023 | 326659E |
Shareholding
The shareholding of Neptune 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 Neptune Ispat Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Aug 2025 | 101148552 | Others | ₹29 Cr | Open | |
| 21 Sep 2024 | 100987660 | Axis Bank Limited | ₹57.85 Lakh | Open | |
| 31 May 2024 | 100933089 | Axis Bank Limited | ₹18.85 Lakh | Open | |
| 10 May 2024 | 100926860 | Axis Bank Limited | ₹1.24 Cr | Open | |
| 02 Feb 2024 | 100865015 | State Bank of India | ₹23.5 Cr | Open |
To see the full charge records of Neptune Ispat Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Neptune Ispat Private Limited has 9 court cases on record: 9 filed by Neptune Ispat. 6 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 4 |
| High courts | 4 | 0 | 2 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North Twenty Four Parganas, West Bengal | Criminal complaint | Filed by the company against Jagadamba Steel Traders Pvt. Ltd, Gopal Ghosh,Sumana Ghosh,Suvhasree Chakraborty | Pending |
| Supreme Court | Appeal | Filed by the company against Damodar Valley Corporation | Disposed |
| Calcutta High Court | Writ petition | Filed by the company against State of West Bengal and Ors. | Pending |
| District court, North Twenty Four Parganas, West Bengal | Criminal complaint | Filed by the company against Maa Builders | Pending |
| District court, North Twenty Four Parganas, West Bengal | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of Neptune 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
Neptune Ispat Private Limited was last rated by Crisil on 24 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 24 Dec 2021 |
To see the full credit ratings and regulatory alerts of Neptune Ispat Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Neptune Ispat Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Neptune Ispat has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCN5169Q1ZN | West Bengal | Active | 09 Aug 2017 |
| 19AACCN5169Q1DW | West Bengal | Active | 25 Nov 2024 |
To see the full GST registrations and return filing status of Neptune Ispat Private Limited, buy the company report.
Recent activity
Neptune Ispat Private Limited has 12 board changes on record since 2017: 3 appointments and 9 cessations. The latest: Himansu Bansal ceased to be Additional Director on 29 Sep 2023.
21 earlier events are in the company report.
Frequently asked questions
Neptune Ispat is an active private limited company based in Kolkata, West Bengal, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 06 March 2007 (19+ years old) and is registered under CIN U27101WB2007PTC113925.
Neptune Ispat has 3 current directors:
- Himansu Bansal - Director
- Sudhanshu Bansal - Director
- Satyanarayan Bansal - Director
The latest financial statements of Neptune 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 Neptune Ispat is 19AACCN5169Q1ZN, registered in West Bengal. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 19AACCN5169Q1DW (West Bengal).
The CIN (Corporate Identification Number) of Neptune Ispat is U27101WB2007PTC113925. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neptune Ispat has 9 court cases on record: 9 filed by the company. 6 are pending. Most are in the district courts.
Neptune Ispat was incorporated on 06 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Neptune Ispat by revenue are Viraya Steels Private Limited, Chhabra Ispat Private Limited, Bilasraika Sponge Iron India Private Limited, Shiva Castings Private Limited, Kunj Bihari Steel Private Limited and 2 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Himansu Bansal ceased to be Additional Director on 29 Sep 2023. Satyanarayan Bansal ceased to be Additional Director on 29 Sep 2023. Sudhanshu Bansal ceased to be Additional Director on 29 Sep 2023. Neptune Ispat has 12 board changes on record in total.
Yes, Neptune Ispat is registered as a medium enterprise under Udyam registration (number: UDYAM-WB-23-0010930).
The registered office of Neptune Ispat is at Dn – 36 Primarc Tower, Sector – V Saltlake, Kolkata, West Bengal, India – 700091.

