Friends Ispat Limited

Friends Ispat Limited

Manufacturer and exporter of various types of steel and non-ferrous metals.

1997 Ahmedabad, Gujarat (India) Active

About

Basic Data Updated:

22 days ago

Founded in 1997, Friends Ispat Limited, previously known as Friends Ispat Udyog Private Limited, has been a prominent player in the manufacturing industry. The company, based in Ahmedabad, Gujarat, is dedicated to producing basic precious and non-ferrous metals. Its main focus is on iron and steel, including carbon steel, tool alloy steel, mild steel, and various other grades and types of steel. The idea for the company was born out of a passion for creating high-quality metal products. The founders, a group of friends with a shared vision, saw a gap in the market for reliable and efficient metal manufacturers. They came together and incorporated Friends Ispat Limited, with the aim of providing top-notch products to their customers. Since its inception, the company has grown and expanded its operations, becoming a trusted name in the industry. With a team of skilled professionals and state-of-the-art technology, Friends Ispat Limited has been able to meet the ever-growing demands of its clients. The company takes pride in its ability to produce a wide range of iron and steel products, catering to various industries and applications. Friends Ispat Limited is not just limited to manufacturing; it also deals in the export and import of its products.

Industry

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU27100GJ1997PLC107731
Company No.107731
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date22 Dec 1997
Date of AGM30 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Ahmedabad

Products or Services related to Friends Ispat Limited

19x19x2MM High Quality Mild Steel Angle

Metal Angles

High Quality Mild Steel Flat Bar, Size: 25 X 12 Mm

Mild Steel Bars

Double Grip 2X TMT Steel Bars, For Construction,House Building, Grade: Fe 500

TMT Bars

product
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Friends Ispat Limited offers a wide range of products and services, including: Brackets, Holder & Hardware Fittings, Metal Angles, Steel Bars, Rods, Plates & Sheets, Mild Steel Bars, TMT Bars.

Financials of Friends Ispat Limited

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Friends Ispat Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 1.49% decrease. The company also saw a substantial improvement in profitability, with a 184.37% increase in profit. The company's net worth Soared by an impressive increase of 18.03%.

Corporate Structure

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Unlock access to Friends Ispat's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

People in Friends Ispat Limited

Board Members(3)

Charges (Loans)

Open Charges

₹3.40 cr

LenderAmountStatus

Others

Creation Date: 03 Jun 2022
₹1.40 CrOpen

Canara Bank

Creation Date: 27 May 2000
₹2.00 CrOpen

Deals i

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Gain comprehensive insights into the Deals and Valuation data of Friends 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 Friends Ispat's trajectory.

Rating

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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.

Alert

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Related Corporates (Common Directorship)

  • Nkg Infrastructure Limited

    Nkg Infrastructure Limited

    Active build-icon 34 years 6 months

    Ankit Goyal is a mutual person

  • Aashiana Rolling Mills Limited

    Aashiana Rolling Mills Limited

    Active build-icon 28 years 8 months

    Devendra Goyal is a mutual person

  • Krishna Radha Metals Private Limited

    Krishna Radha Metals Private Limited

    Active build-icon 27 years 11 months

    Ankit Goyal is a mutual person

Recent activity within the organization

  • Activity

    Annual General Meeting

    Friends Ispat Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023
  • Activity

    Balance Sheet

    Friends Ispat Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023
  • Activity

    Charges

    A charge with Others amounted to Rs. 1.40 cr with Charge ID 100578962 was registered on 03 Jun 2022.

    03 Jun 2022
  • Activity

    Director Appointment

    Misha Naveen Jain was appointed as a Director was appointed as a Director on 26 Aug 2016 & has been associated with this company since 7 years 8 months .

    26 Aug 2016
  • Activity

    Charges

    A charge with Canara Bank of Rs. 2.00 cr registered on 27 May 2000 with Charge ID 90329319 was modified on 22 Jan 2015.

    22 Jan 2015

Frequently asked questions

What is the Incorporation or founding date of Friends Ispat Limited?

Friends Ispat Limited was incorporated 26 years 4 months ago on 22 Dec 1997 with Registrar of Companies Roc Ahmedabad.

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