About Sarthak Ispat Private Limited
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Sarthak Ispat Private Limited is a private limited company based in Raipur, Chhattisgarh, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 28 December 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U27100CT2007PTC020486. Its GSTIN is 22AALCS5029H1ZE (Chattisgarh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹3.6 Cr and a paid-up capital of ₹3.53 Cr. It is led by directors Chaitanya Garg and Sachin Garg.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Opposite Of Cseb Sub Station Urla Sarora Road Urla Industrial Area, Raipur, Chhattisgarh, India – 493221.
As per the financials filed for FY 2025, the company reported a revenue of ₹723.29 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹10.97 Cr (net margin 1.5%) and EBITDA of ₹28.74 Cr (EBITDA margin 4%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 29% over five years.
The company has about 34 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sarthak Ispat. As per MCA filings, the company has open charges of ₹331.49 Cr and satisfied charges of ₹169.18 Cr on record. Court records list 18 cases involving the company, including 1 filed by the company and 17 filed against it; 4 cases are pending. The company has 10 deals on record (5 funding rounds, 5 secondary share transfers), with disclosed funding of ₹14.23 Cr; the latest was in March 2020. Its 8 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 3 larger and 5 smaller; the largest is Rajshri Iron Industries Private Limited with revenue of ₹736.94 Cr. The company has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 5 overdue payments to 5 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sarthak.group.
Company details
Contact details
Sarthak Ispat Private Limited's registered office is in Raipur, Chhattisgarh. Its website is sarthak.group. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOpposite Of Cseb Sub Station Urla Sarora Road Urla Industrial Area, Raipur, Chhattisgarh, India – 493221
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Sarthak 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
Sarthak Ispat operates one associated brand: Sarthak Ispat. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of H Beams, I Beams, and structural steel products in India. | sarthak.group |
Business activity
The main business activity of Sarthak 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 Sarthak Ispat Private Limited, buy the company report.
Financials of Sarthak Ispat Private Limited
FY 2025 filings availableSarthak Ispat Private Limited reported revenue of ₹723.29 Cr (up 36% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 36% growth in the latest year. EBITDA rose 93% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹723.29 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹28.74 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.97 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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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 | 4% | ||||
| Net Profit Margin | 1.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Current Ratio | |||||
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| 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 Sarthak Ispat Private Limited, buy the company report.
Board of directors of Sarthak Ispat Private Limited
Sarthak Ispat has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chaitanya Garg Also directs: Sarthak Green-Ferro Limited, Truckbook CG Logistics Private Limited, Sarthak Infra Private Limited and 2 more | Director | 05 Apr 2022 | 4 Years 6 Months | Current |
| Sachin Garg Also directs: Sarthak Green-Ferro Limited, VKG Steels (India) Private Limited, Skylark Commosale Private Limited and 3 more | Director | 05 Apr 2022 | 4 Years 6 Months | Current |
Peer comparison
Sarthak Ispat Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Rajshri Iron Industries Private Limited | ₹736.94 Cr (FY 2024) | 122.0% | Kolkata, West Bengal, India | |||
| Posco Electrical Steel India Private Limited | ₹728.75 Cr (FY 2016) | 2.0% | Maharashtra, India | |||
| Ars Steels & Alloy International Private Limited | ₹723.3 Cr (FY 2024) | -16.0% | Chennai, Tamil Nadu, India | |||
| Sarthak Ispat Private Limitedthis company | ₹723.29 Cr (FY 2025) | ₹10.97 Cr | 1.5% | 36.0% | 34 | Raipur, Chhattisgarh, India |
| Pushpak Steel Industries Private Limited | ₹721.22 Cr (FY 2025) | 5.0% | Pune, Maharashtra, India | |||
| Shri Sharma Steeltech (India) Private Limited | ₹720.17 Cr (FY 2025) | -2.0% | Jaipur, Rajasthan, India | |||
| K I C Metaliks Limited | ₹718.54 Cr (FY 2025) | -16.0% | Kolkata, West Bengal, India | |||
| Rattan Ispat Limited | ₹717.28 Cr (FY 2025) | 13.0% | Kolkata, West Bengal, India | |||
| Niros Ispat Private Limited | ₹712.25 Cr (FY 2024) | 0.0% | Raipur, Chhattisgarh, India |
To see the full peer comparison of Sarthak Ispat Private Limited, buy the company report.
Auditor
Sarthak Ispat Private Limited is audited by RAY SINGH & COMPANY for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAY SINGH & COMPANY | FY 2025 | 322337E |
Shareholding
The shareholding of Sarthak Ispat Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sarthak Ispat Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jan 2026 | 101244512 | Others | ₹49.13 Lakh | Open | |
| 12 Dec 2025 | 101212740 | Others | ₹159.82 Cr | Open | |
| 17 Oct 2025 | 101181357 | Others | ₹61.82 Cr | Open | |
| 16 Oct 2025 | 101181717 | Others | ₹1.5 Cr | Open | |
| 22 Jul 2025 | 101126376 | Others | ₹48 Cr | Open |
To see the full charge records of Sarthak Ispat Private Limited, buy the company report.
Total charge records: 26 View all charges
Deals & funding
Sarthak Ispat Private Limited has 10 deals on record (5 funding rounds, 5 secondary share transfers), with disclosed funding of ₹14.23 Cr; the latest was in March 2020.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Jayton Trading Pvt.Ltd. , Chhattisgarh Real Estate and Media House Private Limited , Krishnakali Distributors Private Limited , an individual |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Vijay Kumar Garg HUF, 3 individuals Seller: Ritwika Creations Private Limited , Calendula Vincom Private Limited , Sukhdan Tieup Private Limited, an individual |
| Apr 2013 | Secondary share transfer | Undisclosed | Buyer: Ritwika Creations Private Limited Seller: an individual |
| Jul 2012 | Funding round | ₹4.03 Cr | Investors: Jayton Trading Pvt.Ltd. , Prayash Securities Private Limited , Mangalkamna Vinimay Private Limited , an individual |
| Oct 2011 | Secondary share transfer | Undisclosed | Buyer: Skylark Commosale Private Limited , Panchmarhi Resorts & Hotels Private Limited, Vijay Kumar Garg HUF Seller: Shree Mata Finance Pvt Ltd , Oriental Finlease Limited , Pahal Holdings and Estates Private Limited |
To see the full deal history of Sarthak Ispat Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sarthak Ispat Private Limited has 18 court cases on record: 1 filed by Sarthak Ispat, 17 filed against it. 4 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 15 | 3 |
| High courts | 1 | 1 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Raipur, Chhattisgarh | Civil suit | Filed against the company by M/S Jindal Rolling Mills Private Ltd. | Disposed |
| District court, Raipur, Chhattisgarh | Commercial suit | Filed against the company by M/S Jindal Rolling Mills Pvt. Ltd. | Disposed |
| District court, East, Delhi | Court case (OMP (I)(COMM.)) | Filed against the company by BMW India Financial Services Private Ltd. | Disposed |
| District court, Bilaspur, Chhattisgarh | Court case (E.C. Miscellaneous) | Filed against the company by an individual | Pending |
| High Court | Motor accident claim | Filed against the company by an individual | Pending |
To see the full case history of Sarthak 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
Sarthak Ispat Private Limited was last rated by Acuite on 16 Jun 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Acuite | 16 Jun 2026 |
To see the full credit ratings and regulatory alerts of Sarthak Ispat Private Limited, buy the company report.
MSME payment delays
Sarthak Ispat Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 5 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sarthak Metals Limited | |||
| Calcutta Electrodes Pvt Ltd | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Sarthak Ispat Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Sarthak Ispat Private Limited has a workforce of 34 employees on its EPFO records as of Oct 10, 2025, across 1 active EPFO establishment.
GST
Sarthak Ispat has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AALCS5029H1ZE | Chattisgarh | Active | 01 Jul 2017 |
| 22AALCS5029H1DN | Chattisgarh | Active | 09 Nov 2024 |
To see the full GST registrations and return filing status of Sarthak Ispat Private Limited, buy the company report.
Recent activity
Sarthak Ispat Private Limited has 8 board changes on record since 2011: 2 appointments and 6 cessations. The latest: Udit Kumar Agrawal ceased to be Director on 06 Apr 2022.
42 earlier events are in the company report.
Frequently asked questions
Sarthak Ispat is an active private limited company based in Raipur, Chhattisgarh, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 28 December 2007 (19+ years old) and is registered under CIN U27100CT2007PTC020486.
Sarthak Ispat has 2 current directors:
- Chaitanya Garg - Director
- Sachin Garg - Director
The latest financial statements of Sarthak Ispat on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sarthak Ispat is 22AALCS5029H1ZE, registered in Chattisgarh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 22AALCS5029H1DN (Chattisgarh).
The CIN (Corporate Identification Number) of Sarthak Ispat is U27100CT2007PTC020486. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sarthak Ispat has 18 court cases on record: 1 filed by the company and 17 filed against it. 4 are pending. Most are in the district courts.
Sarthak Ispat was incorporated on 28 December 2007, making it 19+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
Sarthak Ispat has 10 deals on record (5 funding rounds, 5 secondary share transfers), with disclosed funding of ₹14.23 Cr; the latest was in March 2020.
The peers of Sarthak Ispat by revenue are Rajshri Iron Industries Private Limited, Posco Electrical Steel India Private Limited, Ars Steels & Alloy International Private Limited, Pushpak Steel Industries Private Limited, Shri Sharma Steeltech (India) Private Limited and 3 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Udit Kumar Agrawal ceased to be Director on 06 Apr 2022. Vijay Kumar Agrawal ceased to be Director on 06 Apr 2022. Chaitanya Garg was appointed as Director on 05 Apr 2022. Sarthak Ispat has 8 board changes on record in total.
Sarthak Ispat has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 5 overdue payments to 5 micro and small suppliers. The latest return was filed on 31 Oct 2019.
Sarthak Ispat can be reached through the website sarthak.group. Its registered office is in Raipur, Chhattisgarh, India.