Damodar Ispat Limited

Produces steel and metal products.

2003 | Bardhaman, West Bengal (India) | Active
Last Updated: October 24, 2024

Damodar Ispat Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.99 Cr
  • Company Age 21 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.13 Cr
  • Satisfied Charges ₹ 92.00 Cr
  • Revenue Growth -94.43%
  • Profit Growth 76.58%
  • Ebitda 87.49%
  • Net Worth 518.55%
  • Total Assets -17.38%

About Damodar Ispat

Damodar Ispat Limited (DIL) is a Public Limited Indian Non-Government Company incorporated in India on 26 March 2003 and has a history of 21 years and ten months. Its registered office is in Bardhaman, West Bengal, India.

The Company is engaged in the Financial Services 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 2.00 Cr and a paid-up capital of Rs 1.99 Cr.

The company currently has active open charges totaling ₹8.13 Cr. The company has closed loans amounting to ₹92.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Gopal Sharan, Pankaj Singh, and Manoj Sinha serve as directors at the Company.

Company Details

  • Location

    Bardhaman, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27310WB2003PLC095960

  • Company No.

    095960

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Mar 2003

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Financial Services
Manufacturing

Who are the key members and board of directors at Damodar Ispat?

Board Members (3)

NameDesignationAppointment DateStatus
Gopal Sharan Country flag representing In Director 11-Jul-2018Current
Pankaj Singh Country flag representing In Director 11-Jul-2018Current
Manoj Sinha Country flag representing In Director 26-May-2022Current

Financial Performance of Damodar Ispat.

Damodar Ispat Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 94.43% decrease. The company also saw a substantial improvement in profitability, with a 76.58% increase in profit. The company's net worth Soared by an impressive increase of 518.55%.

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
-94.43%
Revenue from Operations
Total Assets
-17.38%
Profit or Loss
76.58%
Net Worth
518.55%
EBITDA
87.49%

What is the Ownership and Shareholding Structure of Damodar Ispat?

In 2023, Damodar Ispat had a promoter holding of 82.44% and a public holding of 17.56%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹8.13 Cr

Satisfied Charges

₹92.00 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 8.13 Cr

Latest Charge Details

DateLenderAmountStatus
18 Dec 2023Idbi Trusteeship Services Limited₹8.13 CrOpen
30 Jul 2019Others₹90.00 CrSatisfied
28 Sep 2007Oriental Bank Of Commerce₹2.00 CrSatisfied

How Many Employees Work at Damodar Ispat?

Damodar Ispat has a workforce of 48 employees as of Apr 06, 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 Damodar Ispat, 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 Damodar Ispat'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 Damodar Ispat

Recent activity within the organization

  • Annual General Meeting

    Damodar Ispat Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Damodar Ispat Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Charges

    A charge with Idbi Trusteeship Services Limited amounted to Rs. 8.13 Cr with Charge ID 100843892 was registered on 18 Dec 2023.

    18 Dec 2023

  • Director Appointment

    Manoj Kumar Sinha was appointed as a Director was appointed as a Director on 26 May 2022 & has been associated with this company since 2 years 8 months .

    26 May 2022

  • Charges

    A charge registered on 30 Jul 2019 via Charge ID 100278542 with Others was fully satisfied on 03 Nov 2020.

    03 Nov 2020

  • Charges

    A charge with Others of Rs. 90.00 Cr registered on 30 Jul 2019 with Charge ID 100278542 was modified on 02 Nov 2019.

    02 Nov 2019

Frequently asked questions

  • Damodar Ispat Limited was incorporated on 26 Mar 2003.

  • The authorized share capital of Damodar Ispat Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.99 Cr.

  • Currently 3 directors are associated with Damodar Ispat Limited.

    • Gopal Krishna Sharan
    • Pankaj Kumar Singh
    • Manoj Kumar Sinha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Damodar Ispat Limited is Industrial Estate P.O. Nandi P.S Paschim Bardham An, India, Jamuria, West Bengal, 713344.

  • The corporate identification number (CIN) of Damodar Ispat Limited is U27310WB2003PLC095960 and the company number is 095960 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Damodar Ispat Limited is https://www.damodarispat.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Damodar Ispat Limited has fallen by -94.43%.

  • As Per 2023 financial reports, 48 employees are currently employed by Damodar Ispat Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Damodar Ispat Limited has experienced an upsurge of 518.55%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Damodar Ispat Limited amount to ₹ 8.13 Cr.

  • The most recent Balance Sheet for Damodar Ispat Limited was filed with the ROC on 31 Mar 2024.

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