About N.N. Ispat Private Limited
Data last updated:
N.N. Ispat Private Limited was a private limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 24 September 2004.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U27109WB2004PTC099963. Its GSTIN is 19AACCN0094L1Z7 (West Bengal). The company held 4 GST registrations, of which 3 are active.
The company had an authorised share capital of ₹7 Cr and a paid-up capital of ₹5.82 Cr. It was led by directors including Dipak Kumar Singh and Gyan Adukia.
Its last annual general meeting (AGM) was held on 19 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 25 Ganesh Chandra Avenue 4th Floor, Kolkata, West Bengal, India – 700013.
As per the financials filed for FY 2024, the company reported a revenue of ₹917.87 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹18.24 Cr (net margin 2%) and EBITDA of ₹42.14 Cr (EBITDA margin 4.6%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 11% over five years.
As per MCA filings, the company had open charges of ₹237.48 Cr and satisfied charges of ₹181.71 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company.
The last known website on record is ultramaxtmt.com.
Company details
Contact details
N.N. Ispat Private Limited's registered office is in Kolkata, West Bengal. Its website is ultramaxtmt.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address25 Ganesh Chandra Avenue 4th Floor, Kolkata, West Bengal, India – 700013
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of N.N. 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 N.N. 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 N.N. Ispat Private Limited, buy the company report.
Financials of N.N. Ispat Private Limited
FY 2024 filings availableN.N. Ispat Private Limited reported revenue of ₹917.87 Cr (down 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA rose 19% 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 |
|---|---|---|---|---|---|
| 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 | ₹42.14 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹18.24 Cr | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.6% | ||||
| Net Profit Margin | 2% | ||||
| 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 N.N. Ispat Private Limited, buy the company report.
Board of directors of N.N. Ispat Private Limited
N.N. Ispat has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dipak Kumar Singh Also directs: Aic Securities Private Limited | Director | 30 Jun 2010 | 16 Years 3 Months | As last reported |
| Gyan Adukia Also directs: Radhamadhav Spectrum LLP, Taic Iron and Steel Private Limited, Aic Steel Private Limited and 4 more | Director | 15 Feb 2011 | 15 Years 8 Months | As last reported |
| Dinesh Adukia Also directs: Taic Iron and Steel Private Limited, Aic Steel Private Limited, Aic Iron Industries Private Limited and 4 more | Director | 29 Nov 2010 | 15 Years 10 Months | As last reported |
| Vivek Adukia Also directs: Taic Iron and Steel Private Limited, Aic Steel Private Limited, Aic Iron Industries Private Limited and 4 more | Director | 29 Nov 2010 | 15 Years 10 Months | As last reported |
Peer comparison
N.N. 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 |
|---|---|---|---|---|---|---|
| Meenakshi Udyog (India) Private Limited | ₹932.36 Cr (FY 2025) | 12.0% | Chennai, Tamil Nadu, India | |||
| Ganpati Sponge Iron Private Limited | ₹927.05 Cr (FY 2025) | -5.0% | Raipur, Chhattisgarh, India | |||
| Shree Ganesh Metaliks Private Limited | ₹921.26 Cr (FY 2025) | -5.0% | Rourkela, Odisha, India | |||
| Bansal Steel & Power Limited | ₹918.54 Cr (FY 2025) | 38.0% | Delhi, India | |||
| N.N. Ispat Private Limitedthis company | ₹917.87 Cr (FY 2024) | ₹18.24 Cr | 2% | -1.0% | Kolkata, West Bengal, India | |
| Maruti Ispat and Pipes Private Limited | ₹916.37 Cr (FY 2025) | 9.0% | Secunderabad, Telangana, India | |||
| Noble Tech Industries Private Limited | ₹912.18 Cr (FY 2025) | -1.0% | Ahmedabad, Gujarat, India | |||
| Poshs Metal Industries Private Limited | ₹907.15 Cr (FY 2025) | -8.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of N.N. Ispat Private Limited, buy the company report.
Auditor
N.N. Ispat Private Limited is audited by GAURAV S K AGARWAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GAURAV S K AGARWAL & ASSOCIATES | FY 2023 | 327740E |
Shareholding
The shareholding of N.N. 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 N.N. Ispat Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Dec 2021 | 100528414 | Canara Bank | ₹1.85 Cr | Satisfied | |
| 16 Jun 2021 | 100457952 | Others | ₹22 Cr | Satisfied | |
| 08 Apr 2021 | 100438092 | Axis Bank Limited | ₹5.5 Lakh | Satisfied | |
| 27 Oct 2020 | 100383535 | Others | ₹6 Cr | Satisfied | |
| 22 Sep 2020 | 100381653 | Hdfc Bank Limited | ₹43 Cr | Satisfied |
To see the full charge records of N.N. Ispat Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
N.N. Ispat Private Limited has 3 court cases on record: 3 filed by N.N. Ispat. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (WPT) | Filed by the company against The Principal Commissioiner of Income Tax, and 1 other | Disposed |
| High Court | Writ petition | Filed by the company against State Tax Officer,Durgapur Range and Ors | Disposed |
| High Court | Writ petition | Filed by the company against The State of West Bengal & Ors. | Disposed |
To see the full case history of N.N. 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
N.N. Ispat Private Limited was last rated by Care on 20 Apr 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 20 Apr 2022 |
To see the full credit ratings and regulatory alerts of N.N. Ispat Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for N.N. Ispat Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
N.N. Ispat has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
N.N. Ispat has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCN0094L1Z7 | West Bengal | Active | 01 Jul 2017 |
| 19AACCN0094L1DG | West Bengal | Active | 05 Nov 2024 |
| 21AACCN0094L1ZM | Odisha | Active | 03 Nov 2023 |
To see the full GST registrations and return filing status of N.N. Ispat Private Limited, buy the company report.
Recent activity
N.N. Ispat Private Limited has 11 board changes on record since 2009: 4 appointments and 7 cessations. The latest: Amit Sharma ceased to be Director on 31 Mar 2011.
30 earlier events are in the company report.
Frequently asked questions
N.N. Ispat has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
N.N. Ispat was a private limited company based in Kolkata, West Bengal, India. The company worked in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 24 September 2004 and is registered under CIN U27109WB2004PTC099963. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
N.N. Ispat was incorporated on 24 September 2004. It is registered with the Registrar of Companies, Kolkata.
N.N. Ispat had 4 directors:
- Dipak Kumar Singh - Director
- Gyan Adukia - Director
- Dinesh Adukia - Director
- Vivek Adukia - Director
The CIN (Corporate Identification Number) of N.N. Ispat is U27109WB2004PTC099963. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of N.N. Ispat is at 25 Ganesh Chandra Avenue 4th Floor, Kolkata, West Bengal, India – 700013.
N.N. Ispat can be reached through the website ultramaxtmt.com. Its registered office is in Kolkata, West Bengal, India.
The latest financial statements of N.N. Ispat on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 19 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of N.N. Ispat is 19AACCN0094L1Z7, registered in West Bengal. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 19AACCN0094L1DG (West Bengal), 21AACCN0094L1ZM (Odisha).
N.N. Ispat operated in the metals and minerals industry, in the steel manufacturing and processing segment.
The peers of N.N. Ispat by revenue are Meenakshi Udyog (India) Private Limited, Ganpati Sponge Iron Private Limited, Shree Ganesh Metaliks Private Limited, Bansal Steel & Power Limited, Maruti Ispat and Pipes Private Limited and 2 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).