Swastik Ingot Private Limited
About Swastik Ingot Private Limited
Data last updated:
Swastik Ingot Private Limited is a private limited company based in Sundargarh, Odisha, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 04 October 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U27102OR2004PTC007811. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.17 Cr. It is led by directors Manoj Kumar Pandey and Chandrabijay Jha.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at At Gopapali Vedvyas Rourkela, Sundargarh, Odisha, India – 769004.
As per the financials filed for FY 2019, the company reported a revenue of ₹142.62 Cr, a growth of 91% compared to the previous year. For the same year it recorded a net loss of ₹9.12 Cr (net margin -6.4%) and EBITDA of -₹12.7 Cr (EBITDA margin -8.9%). Revenue has grown at a compounded annual rate (CAGR) of 91% over three years and 65% over five years.
As per MCA filings, the company has satisfied charges of ₹7 Cr on record. Court records list 13 cases involving the company, including 8 filed by the company and 5 filed against it; 7 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Swastik Ingot Private Limited's registered office is in Sundargarh, Odisha. Its e-mail address is in the company report.
- Email
- Registered AddressAt Gopapali Vedvyas Rourkela, Sundargarh, Odisha, India – 769004
- IndustryMetals and Minerals, Metal Retail & Distribution, Steel Manufacturing & Processing
To see the full contact details of Swastik Ingot 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 activities of Swastik Ingot are manufacturing and trade. In detail, this covers metal and metal products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Swastik Ingot Private Limited, buy the company report.
Financials of Swastik Ingot Private Limited
FY 2019 filings availableSwastik Ingot Private Limited reported revenue of ₹142.62 Cr (up 91% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 65% over five years, including 91% growth 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹142.62 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹12.7 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹9.12 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -8.9% | ||||
| Net Profit Margin | -6.4% | ||||
| 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 Swastik Ingot Private Limited, buy the company report.
Board of directors of Swastik Ingot Private Limited
Swastik Ingot has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Kumar Pandey Also directs: Sunayana Metal Industries Limited | Director | 01 Jun 2019 | 7 Years 4 Months | Current |
| Chandrabijay Jha Also directs: Sunayana Metal Industries Limited | Director | 01 Jun 2019 | 7 Years 4 Months | Current |
Peer comparison
Swastik Ingot Private Limited is compared with the 7 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution, 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 |
|---|---|---|---|---|---|---|
| Swastik Ingot Private Limitedthis company | ₹142.62 Cr (FY 2019) | -₹9.12 Cr | -6.4% | 91.0% | Sundargarh, Odisha, India | |
| Bhandari Foils & Tubes Limited | ₹74.57 Cr (FY 2025) | 435.0% | Chennai, Tamil Nadu, India | |||
| STMP Ventures Private Limited | ₹74.57 Cr (FY 2024) | -42.0% | Kolkata, West Bengal, India | |||
| V S Metacast Private Limited | ₹74.54 Cr (FY 2018) | -18.0% | Ahmedabad, Gujarat, India | |||
| Santosh Steel and Pipes India Private Limited | ₹74.47 Cr (FY 2025) | -3.0% | Dadra, Dadra and Nagar Haveli, India | |||
| Haryana Malleable and Alloy Castings Private Limited | ₹74.41 Cr (FY 2025) | -10.0% | Jammu and Kashmir, India | |||
| Golden Metal Private Limited | ₹74.38 Cr (FY 2025) | -1.0% | Mumbai, Maharashtra, India | |||
| Saralia Steel Industries Private Limited | ₹74.29 Cr (FY 2025) | 5.0% | Bhubaneswar, Odisha, India |
To see the full peer comparison of Swastik Ingot Private Limited, buy the company report.
Auditor
Swastik Ingot Private Limited is audited by S K SENAPATI & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S K SENAPATI & CO | FY 2019 | 322245E |
Shareholding
The shareholding of Swastik Ingot Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Swastik Ingot Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jan 2006 | 80039894 | Utkal Gramya Bank | ₹7 Cr | Satisfied |
To see the full charge records of Swastik Ingot Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Swastik Ingot Private Limited has 13 court cases on record: 8 filed by Swastik Ingot, 5 filed against it. 7 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 0 | 3 |
| Supreme Court | 3 | 3 | 3 |
| District courts | 2 | 2 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Orissa | Writ petition | Filed by the company against The Addl Commissioner GST and Central Excise, BBSR | Pending |
| High Court of Orissa | Writ petition | Filed by the company against Union of India | Pending |
| Supreme Court | Court case (0435-Indirect Taxes Matters : Value Added Tax) | Filed against the company by Deputy Commissioner of Sales Tax Rourkela Rourkela I Circle at Po Uditnagar Rourkela , District: Sunderagarh ,Sundargarh , Orissa | Pending |
| Supreme Court | Court case (0435-Indirect Taxes Matters : Value Added Tax) | Filed against the company by Deputy Commissioner of Sales Tax Rourkela Rourkela I Circle at Po Uditnagar Rourkela District Sudnergarh , District: Sunderagarh ,Sundargarh , Orissa | Pending |
| Supreme Court | Court case (0407-Indirect Taxes Matters : Entry Taxes) | Filed against the company by Deputy Commissioner of Sales Tax Rourkela I Circle, at /Po Uditnagar, Rourkela District ,Sundargarh , Orissa | Pending |
To see the full case history of Swastik Ingot 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Swastik Ingot Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Swastik Ingot has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Swastik Ingot Private Limited, buy the company report.
Recent activity
Swastik Ingot Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Chandrabijay Jha was appointed as Director on 01 Jun 2019.
Frequently asked questions
Swastik Ingot is an active private limited company based in Sundargarh, Odisha, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 04 October 2004 (22+ years old) and is registered under CIN U27102OR2004PTC007811.
Swastik Ingot has 2 current directors:
- Manoj Kumar Pandey - Director
- Chandrabijay Jha - Director
The latest financial statements of Swastik Ingot on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Swastik Ingot has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Swastik Ingot is U27102OR2004PTC007811. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swastik Ingot has 13 court cases on record: 8 filed by the company and 5 filed against it. 7 are pending. Most are in the high courts.
Swastik Ingot was incorporated on 04 October 2004, making it 22+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Swastik Ingot by revenue are Bhandari Foils & Tubes Limited, STMP Ventures Private Limited, V S Metacast Private Limited, Santosh Steel and Pipes India Private Limited, Haryana Malleable and Alloy Castings Private Limited and 2 more, all in the Metals and Minerals industry (Metal Retail and Distribution, Steel), with the same principal business activity (metal and metal products).
Chandrabijay Jha was appointed as Director on 01 Jun 2019. Dhanman Shaw ceased to be Director on 01 Jun 2019. Manoj Kumar Pandey was appointed as Director on 01 Jun 2019. Swastik Ingot has 4 board changes on record in total.
The registered office of Swastik Ingot is at At Gopapali Vedvyas Rourkela, Sundargarh, Odisha, India – 769004.
Swastik Ingot operates in the metals and minerals industry, in the metal retail and distribution segment.
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