Abhay Ispat (India) Private Limited

This company trades steel products and offers steel processing services for various industries.

2002 | Mumbai, Maharashtra (India) | Active
Last Updated: December 18, 2024

Abhay Ispat (India) Profile

Key Indicators

  • Authorised Capital ₹ 2.05 Cr
  • Paid Up Capital ₹ 1.58 Cr
  • Company Age 22 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 195.36 Cr
  • Satisfied Charges ₹ 202.00 Cr
  • Revenue Growth -15.15%
  • Profit Growth 159.00%
  • Ebitda 56.37%
  • Net Worth 20.34%
  • Total Assets -5.00%

About Abhay Ispat (India)

Abhay Ispat (India) Private Limited (AIIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 April 2002 and has a history of 22 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.05 Cr and a paid-up capital of Rs 1.58 Cr.

The company currently has active open charges totaling ₹195.36 Cr. The company has closed loans amounting to ₹202.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vinesh Mehta and Abhay Mehta serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27104MH2002PTC135533

  • Company No.

    135533

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Apr 2002

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

Who are the key members and board of directors at Abhay Ispat (India)?

Executive Team (1)

Name Designation Appointment Date Status
Vinesh Mehta Country flag representing In Managing Director 15-Apr-2002 Current

Board Members (1)

Name Designation Appointment Date Status
Abhay Mehta Country flag representing In Director 01-Apr-2023 Current

Financial Performance of Abhay Ispat (India).

Abhay Ispat (India) Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 15.15% decrease. The company also saw a substantial improvement in profitability, with a 159% increase in profit. The company's net worth Soared by an impressive increase of 20.34%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-15.15%
Revenue from Operations
-15.07%
Total Assets
-5.00%
Profit or Loss
159.00%
Net Worth
20.34%
EBITDA
56.37%

What is the Ownership and Shareholding Structure of Abhay Ispat (India)?

In 2021, Abhay Ispat (India) had a promoter holding of 100.00%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹195.36 Cr

Satisfied Charges

₹202.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 115.38 Cr
  • Hdfc Bank Limited : 50.00 Cr
  • State Bank Of India : 29.98 Cr

Latest Charge Details

Date Lender Amount Status
11 Oct 2022 Hdfc Bank Limited ₹50.00 Cr Open
24 Dec 2020 State Bank Of India ₹20.00 Cr Open
16 May 2014 State Bank Of India ₹9.98 Cr Open
29 Jun 2009 Others ₹115.38 Cr Open
10 Mar 2021 Yes Bank Limited ₹13.50 Cr Satisfied

How Many Employees Work at Abhay Ispat (India)?

Abhay Ispat (India) has a workforce of 20 employees as of Mar 27, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Abhay Ispat (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Abhay Ispat (India)'s trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Abhay Ispat (India)

Recent activity within the organization

  • Annual General Meeting

    Abhay Ispat (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Abhay Ispat (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 115.38 Cr registered on 29 Jun 2009 with Charge ID 10171885 was modified on 31 May 2023.

    31 May 2023

  • Director Appointment

    Abhay Navinbhai Mehta was appointed as a Director was appointed as a Director on 01 Apr 2023 & has been associated with this company since 1 year 10 months .

    01 Apr 2023

  • Charges

    A charge registered on 20 Feb 2016 via Charge ID 10627402 with Tata Capital Financial Services Limited was fully satisfied on 23 Mar 2023.

    23 Mar 2023

  • Charges

    A charge registered on 10 Nov 2014 via Charge ID 10532028 with Others was fully satisfied on 15 Dec 2022.

    15 Dec 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Abhay Ispat (India) Private Limited was incorporated on 15 Apr 2002.

  • The authorized share capital of Abhay Ispat (India) Private Limited is ₹ 2.05 Cr and paid-up capital is ₹ 1.58 Cr.

  • Currently 2 directors are associated with Abhay Ispat (India) Private Limited.

    • Vinesh Tulsidas Mehta
    • Abhay Navinbhai Mehta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Abhay Ispat (India) Private Limited is 304 Platinum Jawahar Road Ghatkopar (East), India, Mumbai, Maharashtra, 400077.

  • The corporate identification number (CIN) of Abhay Ispat (India) Private Limited is U27104MH2002PTC135533 and the company number is 135533 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Abhay Ispat (India) Private Limited is https://www.abhayispat.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Abhay Ispat (India) Private Limited has fallen by -15.15%.

  • As Per 2021 financial reports, 20 employees are currently employed by Abhay Ispat (India) Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Abhay Ispat (India) Private Limited has experienced an upsurge of 20.34%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Abhay Ispat (India) Private Limited amount to ₹ 195.36 Cr.

  • The most recent Balance Sheet for Abhay Ispat (India) Private Limited was filed with the ROC on 31 Mar 2024.

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