Nitin Ispat Private Limited
About Nitin Ispat Private Limited
Data last updated:
Nitin Ispat Private Limited is a private limited company based in Kanpur, Uttar Pradesh, India, a subsidiary of Gold Star Industries Private Limited. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 30 December 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U27310UP1985PTC007608. Its GSTIN is 09AAACN6563A1ZN (Uttar Pradesh). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.71 Cr. It is led by directors Anurag Kumar Agarwal (Managing Director) and Payal Agarwal.
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 85 – 71 Afimkothi Kanpur, Uttar Pradesh, India – 208001.
As per the financials filed for FY 2024, the company reported a revenue of ₹23.74 Cr, a decline of 57% compared to the previous year. For the same year it recorded a net profit of ₹30.66 Lakh (net margin 1.3%) and EBITDA of ₹1.43 Cr (EBITDA margin 6%). Revenue has grown at a compounded annual rate (CAGR) of 58% over three years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹11.03 Cr and satisfied charges of ₹5.87 Cr on record. Court records list 25 cases involving the company, including 9 filed by the company and 16 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Nitin Ispat Private Limited's registered office is in Kanpur, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address85 – 71 Afimkothi Kanpur, Uttar Pradesh, India – 208001
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Nitin 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 Nitin Ispat is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Nitin Ispat Private Limited, buy the company report.
Financials of Nitin Ispat Private Limited
FY 2024 filings availableNitin Ispat Private Limited reported revenue of ₹23.74 Cr (down 57% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 57% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 58%. EBITDA rose 44% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.43 Cr | ||||
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| Net Profit (PAT) | ₹30.66 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 6% | ||||
| Net Profit Margin | 1.3% | ||||
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To see the full financial statements and ratios of Nitin Ispat Private Limited, buy the company report.
Board of directors of Nitin Ispat Private Limited
Nitin Ispat has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Payal Agarwal Also directs: Bharatvarsh Logistic Park LLP, Nirbhik Communication Private Limited, Bharatvarsh Metallics Private Limited and 5 more | Director | 10 Nov 2018 | 7 Years 11 Months | Current |
| Anurag Kumar Agarwal Also directs: Bharatvarsh Logistic Park LLP, Nirbhik Communication Private Limited, Bharatvarsh Metallics Private Limited and 5 more | Managing Director | 01 Jun 2002 | 24 Years 4 Months | Current |
Peer comparison
Nitin Ispat Private Limited is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Materials Retail and Distribution, Steel), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ishani Commodities Private Limited | ₹23.85 Cr (FY 2024) | 38.0% | Hydrabad, Telangana, India | |||
| Nitin Ispat Private Limitedthis company | ₹23.74 Cr (FY 2024) | ₹30.66 Lakh | 1.3% | -57.0% | 4 | Kanpur, Uttar Pradesh, India |
| Vridhii Steel Private Limited | ₹23.66 Cr (FY 2024) | Chennai, Tamil Nadu, India | ||||
| Beri Resources Private Limited | ₹23.65 Cr (FY 2025) | 382.0% | Dhanbad, Jharkhand, India |
To see the full peer comparison of Nitin Ispat Private Limited, buy the company report.
Auditor
Nitin Ispat Private Limited is audited by J BAJPAI & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J BAJPAI & CO | FY 2023 | 010905C |
Shareholding
The shareholding of Nitin Ispat Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nitin Ispat Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jun 2025 | 101109314 | Others | ₹40 Lakh | Open | |
| 13 Nov 2024 | 101008682 | Others | ₹14.5 Lakh | Open | |
| 19 Aug 2024 | 100970671 | Others | ₹41 Lakh | Open | |
| 13 Aug 2024 | 100971128 | Others | ₹25.8 Lakh | Open | |
| 25 May 2012 | 10360670 | Others | ₹9.82 Cr | Open |
To see the full charge records of Nitin Ispat Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Nitin Ispat Private Limited has 25 court cases on record: 9 filed by Nitin Ispat, 16 filed against it. 1 case is pending and 24 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 3 | 0 |
| District courts | 7 | 7 | 1 |
| NCLAT | 4 | 4 | 0 |
| NCLT | 3 | 2 | 0 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Writ petition | Filed by the company against Vardhman Life Sciences (P) Ltd., and 4 others | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against Vardhman Life Sciences (P) Ltd., and 4 others | Disposed |
| High Court, UTTARPRADESH | Writ petition | Filed by the company against Purvanchal Vidyut Vitran Nigam Ltd. and Others | Disposed |
| District court, Agra, Uttar Pradesh | Criminal miscellaneous application | Filed against the company by Up State | Pending |
| Allahabad High Court | Writ petition | Filed by the company against State of Up and 3 Others | Disposed |
To see the full case history of Nitin 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 Nitin Ispat Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nitin Ispat Private Limited has a workforce of 4 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Nitin Ispat has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACN6563A1ZN | Uttar Pradesh | Active | 01 Jul 2017 |
| 07AAACN6563A1ZR | Delhi | Active | 01 Jan 2023 |
To see the full GST registrations and return filing status of Nitin Ispat Private Limited, buy the company report.
Recent activity
Nitin Ispat Private Limited has 4 board changes on record since 2002: 2 appointments and 2 cessations. The latest: Payal Agarwal was appointed as Director on 10 Nov 2018.
8 earlier events are in the company report.
Frequently asked questions
Nitin Ispat is an active private limited company based in Kanpur, Uttar Pradesh, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 30 December 1985 (41+ years old) and is registered under CIN U27310UP1985PTC007608.
Nitin Ispat has 2 current directors:
- Anurag Kumar Agarwal - Managing Director
- Payal Agarwal - Director
The latest financial statements of Nitin 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 Nitin Ispat is 09AAACN6563A1ZN, registered in Uttar Pradesh. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 07AAACN6563A1ZR (Delhi).
The CIN (Corporate Identification Number) of Nitin Ispat is U27310UP1985PTC007608. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nitin Ispat has 25 court cases on record: 9 filed by the company and 16 filed against it. 1 is pending. Most are in the high courts.
Nitin Ispat was incorporated on 30 December 1985, making it 41+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Nitin Ispat by revenue are Ishani Commodities Private Limited, Vridhii Steel Private Limited, Beri Resources Private Limited, all in the Metals and Minerals industry (Materials Retail and Distribution, Steel), with the same principal business activity (wholesale trading).
Payal Agarwal was appointed as Director on 10 Nov 2018. Sumit Agarwal ceased to be Director on 10 Nov 2018. Saurabh Kumar Agarwal ceased to be Director on 01 Nov 2013. Nitin Ispat has 4 board changes on record in total.
The registered office of Nitin Ispat is at 85 – 71 Afimkothi Kanpur, Uttar Pradesh, India – 208001.
Nitin Ispat operates in the metals and minerals industry, in the steel manufacturing and processing segment.