Thanush Ispat Private Limited
About Thanush Ispat Private Limited
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Thanush Ispat Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 28 December 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U27320KA2020PTC142665. Its GSTIN is 29AAICT3283H1ZY (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Snehil Saraf and Neelesh Kumar Bang.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹357.09 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹13.36 Cr (net margin 3.7%) and EBITDA of ₹37.76 Cr (EBITDA margin 10.6%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years.
The company has about 113 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹148.64 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 2 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in November 2023.
Company details
Contact details
Thanush Ispat Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No 15 3rd Floor, Sjr Kalpana Mall, Bangalore, Karnataka, India – 560009
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Thanush 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
Business activity
The main business activities of Thanush Ispat are manufacturing and electricity, gas, steam and air conditioning supply. In detail, this covers manufacture of basic metals and electricity, gas, steam and air conditioning supply. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 24 | Manufacture of basic metals | |
| D | Electricity, gas, steam and air conditioning supply | 35 | Electricity, gas, steam and air conditioning supply |
To see the full business activity and turnover split of Thanush Ispat Private Limited, buy the company report.
Financials of Thanush Ispat Private Limited
FY 2025 filings availableThanush Ispat Private Limited reported revenue of ₹357.09 Cr (down 30% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 30% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 39%. EBITDA rose 54% 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 | ₹37.76 Cr | ||||
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| Net Profit (PAT) | ₹13.36 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 10.6% | ||||
| Net Profit Margin | 3.7% | ||||
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To see the full financial statements and ratios of Thanush Ispat Private Limited, buy the company report.
Board of directors of Thanush Ispat Private Limited
Thanush Ispat has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Snehil Saraf | Director | 01 Dec 2023 | 2 Years 10 Months | Current |
| Neelesh Kumar Bang | Director | 03 Jun 2021 | 5 Years 4 Months | Current |
| Anil Kumar Vyas Also directs: Hemadrri Assosiates LLP | Director | 29 Jul 2021 | 5 Years 2 Months | Current |
| Kailash Vyas Also directs: Radha Metals Private Limited, Srihari Sponge LLP, Unico Stone Extractors LLP and 2 more | Director | 28 Dec 2020 | 5 Years 9 Months | Current |
| Kushaal Saraf | Director | 01 Dec 2023 | 2 Years 10 Months | Current |
Auditor
Thanush Ispat Private Limited is audited by ANITA K & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANITA K & ASSOCIATES | FY 2023 | 015208S |
Shareholding
The shareholding of Thanush Ispat Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Thanush Ispat Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Dec 2023 | 100837573 | Hdfc Bank Limited | ₹13.2 Cr | Open | |
| 15 Jul 2023 | 100915535 | Hdfc Bank Limited | ₹44.19 Lakh | Open | |
| 04 Oct 2021 | 100496293 | Hdfc Bank Limited | ₹135 Cr | Open |
To see the full charge records of Thanush Ispat Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Thanush Ispat Private Limited has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in November 2023.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2023 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
| Aug 2021 | Rights issue | ₹99 Lakh | Investors: 2 individuals |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Thanush Ispat Private Limited has 3 court cases on record: 3 filed by Thanush Ispat. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Karnataka Power Transmission Corporation Limited (Kptcl), and 2 others | Pending |
| High Court, KARNATAKA | Writ petition | Filed by the company against Bangalore Electricity Supply Company Limited and 6 others | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against State of Karnataka | Disposed |
To see the full case history of Thanush 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Thanush Ispat Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Thanush Ispat Private Limited has a workforce of 113 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Thanush Ispat has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICT3283H1ZY | Karnataka | Active | 15 Jan 2021 |
To see the full GST registrations and return filing status of Thanush Ispat Private Limited, buy the company report.
Recent activity
Thanush Ispat Private Limited has 8 board changes on record since 2020: 5 appointments and 3 cessations. The latest: Kushaal Saraf was appointed as Director on 01 Dec 2023.
3 earlier events are in the company report.
Frequently asked questions
Thanush Ispat is an active private limited company based in Bangalore, Karnataka, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 28 December 2020 (6+ years old) and is registered under CIN U27320KA2020PTC142665.
Thanush Ispat has 5 current directors:
- Snehil Saraf - Director
- Neelesh Kumar Bang - Director
- Anil Kumar Vyas - Director
- Kailash Vyas - Director
- Kushaal Saraf - Director
The latest financial statements of Thanush 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 FY 2021 are in the company report.
The GSTIN of Thanush Ispat is 29AAICT3283H1ZY, registered in Karnataka.
The CIN (Corporate Identification Number) of Thanush Ispat is U27320KA2020PTC142665. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thanush Ispat has 3 court cases on record: 3 filed by the company. 2 are pending.
Thanush Ispat was incorporated on 28 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Thanush Ispat has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in November 2023.
Kushaal Saraf was appointed as Director on 01 Dec 2023. Snehil Saraf was appointed as Director on 01 Dec 2023. Mohammed Farhan Adamsab Shaikh ceased to be Director on 31 Dec 2022. Thanush Ispat has 8 board changes on record in total.
The registered office of Thanush Ispat is at Shop No 15 3rd Floor, Sjr Kalpana Mall, Bangalore, Karnataka, India – 560009.