About R.S.Ispat Ltd
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R.S.Ispat Ltd is a public limited company based in Kolkata, West Bengal, India, a subsidiary of Goodworth Investments Pvt Ltd. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 14 December 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U27109WB1994PLC066539. Its GSTIN is 19AABCR1890D1ZF (West Bengal). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹8.05 Cr. It was formerly known as R. S. Ispat Private Limited and R.S.Ispat Pvt Ltd. It is led by directors including Rakesh Agarwal and Radhey Shyam Agarwal.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bengal Eco Intelligent Park Block – Em – 3 9th Floor Sector – V Salt Lake City, Kolkata, West Bengal, India – 700091.
As per the financials filed for FY 2025, the company reported a revenue of ₹182.71 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹1.61 Cr (net margin 0.9%) and EBITDA of ₹5.04 Cr (EBITDA margin 2.8%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 3% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹72.5 Cr and satisfied charges of ₹147.83 Cr on record. Court records list 28 cases involving the company, including 21 filed by the company and 7 filed against it; 8 cases are 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 iform.asia.
Company details
Name history
R.S.Ispat has undergone 3 name changes throughout its history. The company was previously known as R. S. Ispat Private Limited, R.S.Ispat Pvt Ltd, and R.S.Ispat Private Ltd. The current legal name is R.S.Ispat Ltd.
| Company Name | Status |
|---|---|
| R.S.Ispat Ltd | Current |
| R. S. Ispat Private Limited | Previous |
| R.S.Ispat Pvt Ltd | Previous |
| R.S.Ispat Private Ltd | Previous |
CIN history
R.S.Ispat has one previous CIN (Corporate Identification Number): U27109WB1994PTC066539. The current CIN is U27109WB1994PLC066539, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27109WB1994PLC066539 | Current |
| U27109WB1994PTC066539 | Previous |
Contact details
R.S.Ispat Ltd's registered office is in Kolkata, West Bengal. Its website is iform.asia. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBengal Eco Intelligent Park Block – Em – 3 9th Floor Sector – V Salt Lake City, Kolkata, West Bengal, India – 700091
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of R.S.Ispat Ltd, 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 R.S.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 R.S.Ispat Ltd, buy the company report.
Financials of R.S.Ispat Ltd
FY 2025 filings availableR.S.Ispat Ltd reported revenue of ₹182.71 Cr (down 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 9% fall in the latest year. EBITDA fell 33% 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 | ₹5.04 Cr | ||||
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| Net Profit (PAT) | ₹1.61 Cr | ||||
| 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 | 2.8% | ||||
| Net Profit Margin | 0.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of R.S.Ispat Ltd, buy the company report.
Board of directors of R.S.Ispat Ltd
R.S.Ispat has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Agarwal Also directs: Maa Mahagauri Realtors LLP, Maa Siddhidatri Properties LLP, Uplift Fitness Arena LLP and 5 more | Director | 14 Dec 1994 | 31 Years 10 Months | Current |
| Radhey Shyam Agarwal Also directs: R S Sponge Iron Private Limited, Bajrangbali Rolling Mills Limited, R.S. Concast Limited and 5 more | Director | 14 Dec 1994 | 31 Years 10 Months | Current |
| Manju Devi Agarwal Also directs: R. S. Concast (Durgapur) Private Limited, Maa Amba Infrastructure Pvt Ltd, Maa Ambe Plaza Private Limited and 1 more | Director | 14 Dec 1994 | 31 Years 10 Months | Current |
Peer comparison
R.S.Ispat Ltd is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Saini Alloys Limited | ₹184.9 Cr (FY 2025) | -6.0% | New Delhi, Delhi, India | |||
| Mini Iron and Steel Private Limited | ₹184.4 Cr (FY 2025) | -8.0% | Nagpur, Maharashtra, India | |||
| Nalwa Special Steel Limited | ₹183.29 Cr (FY 2025) | 12775.0% | New Delhi, Delhi, India | |||
| A.R.Alloys Private Limited | ₹183.18 Cr (FY 2025) | -4.0% | Delhi, India | |||
| Ranka Steel Re-Rolling Mills Pvt. Ltd | ₹182.86 Cr (FY 2025) | 17.0% | Jaipur, Rajasthan, India | |||
| R.S.Ispat Ltdthis company | ₹182.71 Cr (FY 2025) | ₹1.61 Cr | 0.9% | -9.0% | 13 | Kolkata, West Bengal, India |
| Ambhe Ferro Metal Processors Private Limited | ₹182.68 Cr (FY 2025) | 11.0% | Mumbai, Maharashtra, India | |||
| Manmeet Alloys Private Limited | ₹182.57 Cr (FY 2025) | 14.0% | Ludhiana, Punjab, India | |||
| Govaan Steels Private Limited | ₹182.41 Cr (FY 2025) | 15.0% | Coimbatore, Tamil Nadu, India | |||
| Brahm (Alloys) Limited | ₹182.38 Cr (FY 2021) | 114.0% | Kolkata, West Bengal, India |
To see the full peer comparison of R.S.Ispat Ltd, buy the company report.
Auditor
R.S.Ispat Ltd is audited by DAMLE DHANDHANIA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DAMLE DHANDHANIA & CO. | FY 2023 | 325361E |
Shareholding
The shareholding of R.S.Ispat Ltd 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 R.S.Ispat Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Sep 2023 | 100794018 | Axis Bank Limited | ₹50 Cr | Open | |
| 18 May 2022 | 100578286 | Axis Bank Limited | ₹22.5 Cr | Open | |
| 28 Jun 2016 | 100047432 | Others | ₹15.3 Cr | Satisfied | |
| 26 Apr 2016 | 100030654 | Others | ₹7 Cr | Satisfied | |
| 03 May 2012 | 10362612 | State Bank of India | ₹13.07 Cr | Satisfied |
To see the full charge records of R.S.Ispat Ltd, buy the company report.
Total charge records: 11 View all charges
Legal cases
R.S.Ispat Ltd has 28 court cases on record: 21 filed by R.S.Ispat, 7 filed against it. 8 cases are pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 15 | 4 | 0 |
| District courts | 13 | 3 | 8 |
Cases on record (5 of 28)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hooghly, West Bengal | Civil suit | Filed by the company against Prestar Infrastructure Projects Ltd., Mr. Rajesh Dhariwal and Others | Pending |
| High Court, JHARKHAND | Court case (C.M.P.) | Filed against the company by Ms Chanduka Minerals and Chemicals Pvt Ltd Represented by Its Director Mr R K Agarwal | Disposed |
| District court, Seraikella, Jharkhand | Court case (EXECUITION CASES(N)) | Filed against the company by M/S Chanduka Minerals and Chemicals Pvt. Ltd. | Disposed |
| High Court | Appeal | Filed against the company by Ms Chanduka Minerals and Chemicals Pvt Ltd Represented by Its Director Mr R Agarwal | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Progressive Constructions Ltd. | Disposed |
To see the full case history of R.S.Ispat Ltd, 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 R.S.Ispat Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
R.S.Ispat Ltd has a workforce of 13 employees on its EPFO records as of May 02, 2024, across 1 active EPFO establishment.
GST
R.S.Ispat has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCR1890D1ZF | West Bengal | Active | 01 Jul 2017 |
| 32AABCR1890D1ZR | Kerala | Active | 24 Apr 2019 |
To see the full GST registrations and return filing status of R.S.Ispat Ltd, buy the company report.
Recent activity
R.S.Ispat Ltd has 5 board changes on record since 1994: 3 appointments and 2 cessations. The latest: Mayur Bhajanka ceased to be Additional Director on 04 Dec 2017.
21 earlier events are in the company report.
Frequently asked questions
R.S.Ispat is an active public 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 14 December 1994 (32+ years old) and is registered under CIN U27109WB1994PLC066539.
R.S.Ispat has 3 current directors:
- Rakesh Agarwal - Director
- Radhey Shyam Agarwal - Director
- Manju Devi Agarwal - Director
The latest financial statements of R.S.Ispat on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of R.S.Ispat is 19AABCR1890D1ZF, registered in West Bengal. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 32AABCR1890D1ZR (Kerala).
The CIN (Corporate Identification Number) of R.S.Ispat is U27109WB1994PLC066539. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
R.S.Ispat has 28 court cases on record: 21 filed by the company and 7 filed against it. 8 are pending. Most are in the high courts.
R.S.Ispat was incorporated on 14 December 1994, making it 32+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of R.S.Ispat by revenue are Saini Alloys Limited, Mini Iron and Steel Private Limited, Nalwa Special Steel Limited, A.R.Alloys Private Limited, Ranka Steel Re-Rolling Mills Pvt. Ltd and 4 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Mayur Bhajanka ceased to be Additional Director on 04 Dec 2017. Rahul Singhi ceased to be Additional Director on 04 Dec 2017. Manju Devi Agarwal was appointed as Director on 14 Dec 1994. R.S.Ispat has 5 board changes on record in total.
R.S.Ispat can be reached through the website iform.asia. Its registered office is in Kolkata, West Bengal, India.
The registered office of R.S.Ispat is at Bengal Eco Intelligent Park Block – Em – 3 9th Floor Sector – V Salt Lake City, Kolkata, West Bengal, India – 700091.