Rishabh Ispat Limited
About Rishabh Ispat Limited
Data last updated:
Rishabh Ispat Limited is a public limited company based in Himachal Pradesh, India. It operates in the lignite segment of the mining sector. It was incorporated on 24 October 1978 and has been in existence for over 48 years.
The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U29104HP1978PLC003879.
The company has an authorised share capital of ₹2.25 Cr and a paid-up capital of ₹2.16 Cr. It is led by directors including Niranjan Das Jain (Managing Director) and Kusum Lata Singhal.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Nalagarh, Himachal Pradesh, India.
As per the financials filed for FY 2016, the company reported a revenue of ₹1.98 Lakh, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹61,342 (net margin -31%) and EBITDA of ₹20,391 (EBITDA margin 10.3%).
As per MCA filings, the company has open charges of ₹5.73 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Rishabh Ispat has one previous CIN (Corporate Identification Number): L29104HP1978PLC003879. The current CIN is U29104HP1978PLC003879, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29104HP1978PLC003879 | Current |
| L29104HP1978PLC003879 | Previous |
Contact details
Rishabh Ispat Limited's registered office is in Himachal Pradesh.
- Registered AddressNalagarh, Himachal Pradesh, India
- IndustryMining, Lignite, Coal, Mining
- 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
Financials of Rishabh Ispat Limited
FY 2016 filings availableRishabh Ispat Limited reported revenue of ₹1.98 Lakh (down 23% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 23% in the latest year. EBITDA rose 108% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
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| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹20,391 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹61,342 | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
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| Investments | ||
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Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 10.3% | |
| Net Profit Margin | -31% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
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| Interest Coverage Ratio | ||
| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
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| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Rishabh Ispat Limited, buy the company report.
Board of directors of Rishabh Ispat Limited
Rishabh Ispat has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kusum Lata Singhal | Director | 30 Sep 2004 | 22 Years 1 Months | Current |
| Naresh Kumar Jain | Director | 30 Sep 2004 | 22 Years 1 Months | Current |
| Niranjan Das Jain | Managing Director | 29 Sep 1981 | 45 Years 1 Months | Current |
| Anand Kumar Jain | Director | 24 Nov 1984 | 41 Years 11 Months | Current |
Peer comparison
Rishabh Ispat Limited is compared with the 10 companies closest to it by revenue in the Metals and Minerals industry (Steel), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Leo Steel Mills Private Limited | ₹2.02 Lakh (FY 2016) | 9.0% | Delhi, India | |||
| Kusumesh Steel Private Limited | ₹2.01 Lakh (FY 2024) | -92.0% | Bhiwadi, Rajasthan, India | |||
| Nathani Recycling Private Limited | ₹2 Lakh (FY 2025) | -47.0% | Mumbai, Maharashtra, India | |||
| Adarsh Udyog Pvt. Ltd. | ₹2 Lakh (FY 2024) | -45.0% | Kolkata, West Bengal, India | |||
| Glair Chemicals Private Limited | ₹2 Lakh (FY 2021) | 741.0% | Delhi, India | |||
| Rishabh Ispat Limitedthis company | ₹1.98 Lakh (FY 2016) | -₹61,342 | -31% | -23.0% | Himachal Pradesh, India | |
| Kamakshee Ujwal Steel Company Private Limited | ₹1.97 Lakh (FY 2024) | -78.0% | Chennai, Tamil Nadu, India | |||
| Tejas Ispat Private Limited | ₹1.97 Lakh (FY 2025) | -57.0% | Jamshedpur, Jharkhand, India | |||
| Balaji Lohh Products Private Limited | ₹1.95 Lakh (FY 2024) | 34.0% | Kolkata, West Bengal, India | |||
| Vscrap Private Limited | ₹1.94 Lakh (FY 2025) | Ahmedabad, Gujarat, India | ||||
| Jumbo Steel and Engineering Private Limited | ₹1.92 Lakh (FY 2025) | -42.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Rishabh Ispat Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Dec 1988 | 90172373 | Punjab National Bank | ₹2.5 Cr | Open | |
| 16 Dec 1988 | 90172374 | Punjab National Bank | ₹2.5 Cr | Open | |
| 06 Nov 1986 | 90168056 | Punjab National Bank | ₹7.5 Lakh | Open | |
| 23 Apr 1984 | 90167876 | Punjab National Bank | ₹5.2 Lakh | Open | |
| 07 Aug 1976 | 90167610 | Punjab National Bank | ₹60 Lakh | Open |
To see the full charge records of Rishabh Ispat Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Rishabh Ispat Limited has 4 court cases on record: 3 filed by Rishabh Ispat, 1 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
| High courts | 1 | 0 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Essar Gujarat Ltd | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Court case (Original Suit) | Filed by the company against U.P Stateeeee Dovelepment. Industries Ltd. 1 | Pending |
| High Court, HIMACHAL PRADESH | Court case (C.REV) | Filed by the company against an individual | Disposed |
| Supreme Court | Court case (9999-Other) | Filed by the company against State of U P | Disposed |
To see the full case history of Rishabh Ispat 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 Rishabh Ispat Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Rishabh Ispat Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Rishabh Ispat Limited has 6 board changes on record since 1981: 4 appointments and 2 cessations. The latest: Kusum Lata Singhal ceased to be Director on 05 Mar 2018.
4 earlier events are in the company report.
Frequently asked questions
Rishabh Ispat is an active public limited company based in Himachal Pradesh, India. The company works in lignite, within the mining industry. It was incorporated on 24 October 1978 (48+ years old) and is registered under CIN U29104HP1978PLC003879.
Rishabh Ispat has 4 current directors:
- Niranjan Das Jain - Managing Director
- Kusum Lata Singhal - Director
- Naresh Kumar Jain - Director
- Anand Kumar Jain - Director
The latest financial statements of Rishabh Ispat on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Rishabh Ispat is U29104HP1978PLC003879. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rishabh Ispat has 4 court cases on record: 3 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Rishabh Ispat was incorporated on 24 October 1978, making it 48+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.
The peers of Rishabh Ispat by revenue are Leo Steel Mills Private Limited, Kusumesh Steel Private Limited, Nathani Recycling Private Limited, Adarsh Udyog Pvt. Ltd, Glair Chemicals Private Limited and 5 more, all in the Metals and Minerals industry (Steel).
Kusum Lata Singhal ceased to be Director on 05 Mar 2018. Naresh Kumar Jain ceased to be Director on 05 Mar 2018. Kusum Lata Singhal was appointed as Director on 30 Sep 2004. Rishabh Ispat has 6 board changes on record in total.
The registered office of Rishabh Ispat is at Nalagarh, Himachal Pradesh, India.
Rishabh Ispat operates in the mining industry, in the lignite segment.
Rishabh Ispat has open charges of ₹5.73 Cr and no satisfied charges on record as per latest MCA filings.
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