Devi Ispat Limited

Produces steel ingots and rolled products, including rounds, square bars, and structurals, in Howrah.

2004 | Kolkata, West Bengal (India) | Active
Last Updated: January 10, 2025

Devi Ispat Profile

Key Indicators

  • Authorised Capital ₹ 4.50 Cr
  • Paid Up Capital ₹ 4.46 Cr
  • Company Age 20 Year, 5 Months
  • Last Filing with ROC 31 Mar 2016
  • Open Charges ₹ 132.13 Cr
  • Revenue Growth -91.88%
  • Profit Growth -287.95%
  • Ebitda -294.85%
  • Net Worth -2.56%
  • Total Assets -29.01%

About Devi Ispat

Devi Ispat Limited (DIL) is a Public Limited Indian Non-Government Company incorporated in India on 31 August 2004 and has a history of 20 years and five months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Devi Ispat Private Limited. The Company is engaged in the Real Estate And Construction Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2016. It's a company limited by shares with an authorized capital of Rs 4.50 Cr and a paid-up capital of Rs 4.46 Cr.

The company currently has active open charges totaling ₹132.13 Cr.

Nirmal Mandhani, Mohit Mandhani, and Baidyanath Paul serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27109WB2004PLC099611

  • Company No.

    099611

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    31 Aug 2004

  • Date of AGM

    28 Sep 2016

  • Date of Balance Sheet

    31 Mar 2016

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Real Estate and Construction

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

Board Members (3)

Name Designation Appointment Date Status
Nirmal Mandhani Country flag representing In Director 31-Aug-2004 Current
Mohit Mandhani Country flag representing In Director 16-Jan-2008 Current
Baidyanath Paul Country flag representing In Director 14-Jul-2008 Current

Financial Performance of Devi Ispat.

Devi Ispat Limited, for the financial year ended 2016, experienced significant reduction in revenue, with a 91.88% decrease. The company also saw a substantial fall in profitability, with a 287.95% decrease in profit. The company's net worth dipped by a decrease of 2.56%.

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
-91.88%
Revenue from Operations
Total Assets
-29.01%
Profit or Loss
-287.95%
Net Worth
-2.56%
EBITDA
-294.85%

What is the Ownership and Shareholding Structure of Devi Ispat?

In 2016, Devi Ispat had a promoter holding of 6.39% and a public holding of 93.61%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹132.13 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 98.00 Cr
  • Central Bank Of India : 27.81 Cr
  • India Factoring And Finance Solutions Private Limited : 6.25 Cr
  • Tata Capital Limited : 0.07 Cr

Latest Charge Details

Date Lender Amount Status
17 Sep 2012 India Factoring And Finance Solutions Private Limited ₹6.25 Cr Open
04 Mar 2011 Tata Capital Limited ₹0.71 M Open
21 Dec 2009 State Bank Of India ₹29.50 Cr Open
05 May 2009 State Bank Of India ₹68.50 Cr Open
18 Dec 2006 Central Bank Of India ₹21.31 Cr Open

How Many Employees Work at Devi Ispat?

Devi Ispat has a workforce of 25 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 Devi 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 Devi 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 Devi Ispat

Recent activity within the organization

  • Annual General Meeting

    Devi Ispat Limited last Annual general meeting of members was held on 28 Sep 2016 as per latest MCA records.

    28 Sep 2016

  • Balance Sheet

    Devi Ispat Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Kolkata.

    31 Mar 2016

  • Charges

    A charge with India Factoring And Finance Solutions Private Limited amounted to Rs. 6.25 Cr with Charge ID 10379799 was registered on 17 Sep 2012.

    17 Sep 2012

  • Charges

    A charge with State Bank Of India of Rs. 68.50 Cr registered on 05 May 2009 with Charge ID 10161708 was modified on 30 Jan 2012.

    30 Jan 2012

  • Charges

    A charge with Tata Capital Limited amounted to Rs. 0.07 Cr with Charge ID 10272888 was registered on 04 Mar 2011.

    04 Mar 2011

  • Charges

    A charge with State Bank Of India amounted to Rs. 29.50 Cr with Charge ID 10193247 was registered on 21 Dec 2009.

    21 Dec 2009

Frequently asked questions

  • Devi Ispat Limited was incorporated on 31 Aug 2004.

  • The authorized share capital of Devi Ispat Limited is ₹ 4.50 Cr and paid-up capital is ₹ 4.46 Cr.

  • Currently 3 directors are associated with Devi Ispat Limited.

    • Nirmal Kumar Mandhani
    • Mohit Kumar Mandhani
    • Baidyanath Paul
  • As per Ministry of Corporate Affairs (Mca), the registered address of Devi Ispat Limited is 85, Netaji Subhash Road 1St Floor India, Kolkata, West Bengal, 700001.

  • The corporate identification number (CIN) of Devi Ispat Limited is U27109WB2004PLC099611 and the company number is 099611 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2016, the revenue trend for Devi Ispat Limited has fallen by -91.88%.

  • As Per 2016 financial reports, 25 employees are currently employed by Devi Ispat Limited.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Devi Ispat Limited has experienced an downturn of -2.56%.

  • As per the financial statements for fiscal Year 2016, The total open charges for Devi Ispat Limited amount to ₹ 132.13 Cr.

  • The most recent Balance Sheet for Devi Ispat Limited was filed with the ROC on 31 Mar 2016.

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