About Phoenix Ispat Private Limited
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Phoenix Ispat Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 22 August 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U27200OR2013PTC017276. Its GSTIN is 21AAHCP3472H1ZK (Odisha). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹4.38 Cr. It is led by directors Shalini Agarwal and Shailendra Adukia.
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 Office Space No – 107 Utkal Signature Pahal NH – 5 Bhubaneswar Khordha – 752101, Odisha, India – 752101.
As per the financials filed for FY 2023, the company reported a revenue of ₹432.1 Cr, a growth of 46% compared to the previous year. For the same year it recorded a net profit of ₹1.79 Cr (net margin 0.4%) and EBITDA of ₹8.94 Cr (EBITDA margin 2.1%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 23% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Phoenix Ispat. As per MCA filings, the company has open charges of ₹113.7 Cr and satisfied charges of ₹14.46 Cr on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website phoenixispat.in.
Company details
Contact details
Phoenix Ispat Private Limited's registered office is in Bhubaneswar, Odisha. Its website is phoenixispat.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice Space No – 107 Utkal Signature Pahal NH – 5 Bhubaneswar Khordha – 752101, Odisha, India – 752101
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Phoenix 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
Brands
Phoenix Ispat operates one associated brand: Phoenix Ispat. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Distribution of steel and TMT bars in Odisha. | phoenixispat.in |
Business activity
The main business activity of Phoenix 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 Phoenix Ispat Private Limited, buy the company report.
Financials of Phoenix Ispat Private Limited
FY 2024 filings availablePhoenix Ispat Private Limited reported revenue of ₹432.1 Cr (up 46% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 46% growth in the latest year. EBITDA rose 45% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹432.1 Cr | ||||
| Cost of Materials Consumed | |||||
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| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹8.94 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.79 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.1% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Phoenix Ispat Private Limited, buy the company report.
Board of directors of Phoenix Ispat Private Limited
Phoenix Ispat has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shailendra Adukia | Additional Director | 05 Jul 2024 | 2 Years 3 Months | Current |
| Shalini Agarwal Also directs: Navan Multicon Private Limited | Director | 11 Nov 2016 | 9 Years 11 Months | Current |
Peer comparison
Phoenix Ispat Private Limited is compared with the 6 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution), 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 |
|---|---|---|---|---|---|---|
| R.R. Industrial Corporation (India) Private Limited | ₹434.5 Cr (FY 2025) | 39.0% | Raipur, Chhattisgarh, India | |||
| Tiro Steels Private Limited | ₹433.44 Cr (FY 2025) | 30.0% | Gurgaon, Haryana, India | |||
| Mayo Integrated Industries Private Limited | ₹432.75 Cr (FY 2019) | 184.0% | Mumbai, Maharashtra, India | |||
| The Maitri Metals Private Limited | ₹432.36 Cr (FY 2025) | 11.0% | Mumbai, Maharashtra, India | |||
| Phoenix Ispat Private Limitedthis company | ₹432.1 Cr (FY 2023) | ₹1.79 Cr | 0.4% | 46.0% | 20 | Bhubaneswar, Odisha, India |
| Alka Electromech Private Limited | ₹431.17 Cr (FY 2025) | 15.0% | Jaipur, Rajasthan, India | |||
| Navraj Enterprises Private Limited | ₹419.11 Cr (FY 2025) | 8.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Phoenix Ispat Private Limited, buy the company report.
Auditor
Phoenix Ispat Private Limited is audited by M P MUNDHRA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M P MUNDHRA & CO | FY 2023 | 326998E |
Shareholding
The shareholding of Phoenix 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 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Phoenix Ispat Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Oct 2024 | 101024351 | Others | ₹40 Cr | Open | |
| 04 Jan 2023 | 100677630 | State Bank of India | ₹8 Lakh | Open | |
| 19 May 2022 | 100573694 | Others | ₹57.54 Lakh | Open | |
| 25 Apr 2019 | 100268245 | Axis Bank Limited | ₹38.5 Cr | Open | |
| 28 Jun 2018 | 100187296 | Others | ₹1.34 Cr | Open |
To see the full charge records of Phoenix Ispat Private Limited, buy the company report.
Total charge records: 14 View all charges
Legal cases
Phoenix Ispat Private Limited has 6 court cases on record: 5 filed by Phoenix Ispat, 1 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 1 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Khurda, Orissa | Civil suit | Filed by the company against The Chairman, C.V. Raman College of Engineering and Others | Pending |
| District court, Nayagarh, Odisha | Court case (2(c)c.c) | Filed against the company by State of Odisha | Disposed |
| District court, Jagatsinghpur, Orissa | Court case (Cs (iii)) | Filed by the company against M/S Sidheswar Traders and Another | Disposed |
| District court, Nayagarh, Orissa | Court case (1 C.c) | Filed by the company against individuals | Disposed |
| District court, Nayagarh, Orissa | Court case (1 C.c) | Filed by the company against an individual | Disposed |
To see the full case history of Phoenix 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
Phoenix Ispat Private Limited was last rated by Brickwork on 25 Feb 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 25 Feb 2022 |
To see the full credit ratings and regulatory alerts of Phoenix Ispat Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Phoenix Ispat Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Phoenix Ispat Private Limited has a workforce of 20 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Phoenix Ispat has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAHCP3472H1ZK | Odisha | Active | 01 Jul 2017 |
| 19AAHCP3472H1Z5 | West Bengal | Active | 01 Jul 2018 |
To see the full GST registrations and return filing status of Phoenix Ispat Private Limited, buy the company report.
Recent activity
Phoenix Ispat Private Limited has 6 board changes on record since 2016: 2 appointments and 4 cessations. The latest: Rajesh Harischandra Chandgothia ceased to be Director on 19 Jul 2024.
23 earlier events are in the company report.
Frequently asked questions
Phoenix Ispat is an active private limited company based in Bhubaneswar, Odisha, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 22 August 2013 (13+ years old) and is registered under CIN U27200OR2013PTC017276.
Phoenix Ispat has 2 current directors:
- Shailendra Adukia - Additional Director
- Shalini Agarwal - Director
The latest financial statements of Phoenix 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 Phoenix Ispat is 21AAHCP3472H1ZK, registered in Odisha. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 19AAHCP3472H1Z5 (West Bengal).
The CIN (Corporate Identification Number) of Phoenix Ispat is U27200OR2013PTC017276. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Phoenix Ispat has 6 court cases on record: 5 filed by the company and 1 filed against it. 1 is pending.
Phoenix Ispat was incorporated on 22 August 2013, making it 13+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Phoenix Ispat by revenue are R.R. Industrial Corporation (India) Private Limited, Tiro Steels Private Limited, Mayo Integrated Industries Private Limited, The Maitri Metals Private Limited, Alka Electromech Private Limited and 1 more, all in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading).
Rajesh Harischandra Chandgothia ceased to be Director on 19 Jul 2024. Shailendra Adukia was appointed as Additional Director on 05 Jul 2024. Shubham Agarwal ceased to be Additional Director on 20 Aug 2022. Phoenix Ispat has 6 board changes on record in total.
Phoenix Ispat can be reached through the website phoenixispat.in. Its registered office is in Bhubaneswar, Odisha, India.
The registered office of Phoenix Ispat is at Office Space No – 107 Utkal Signature Pahal NH – 5 Bhubaneswar Khordha – 752101, Odisha, India – 752101.