Goyal Ispat Private Limited

Manufacturer of steel products, including TMT bars, structural steel, and alloy steels.

1990 | Chennai, Tamil Nadu (India) | Active
Last Updated: October 23, 2024

Goyal Ispat Profile

Key Indicators

  • Authorised Capital ₹ 7.75 Cr
  • Paid Up Capital ₹ 6.73 Cr
  • Company Age 34 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 17.50 Cr
  • Satisfied Charges ₹ 3.30 Cr
  • Revenue Growth 96.87%
  • Profit Growth -80.24%
  • Ebitda -110.27%
  • Net Worth -54.47%
  • Total Assets -10.82%

About Goyal Ispat

Goyal Ispat Private Limited (GIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 September 1990 and has a history of 34 years and five months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Goyal Ispat Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 7.75 Cr and a paid-up capital of Rs 6.73 Cr.

The company currently has active open charges totaling ₹17.50 Cr. The company has closed loans amounting to ₹3.30 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sardarmal Kothari and Priyavand Kothari serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    kamachigroup.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27104TN1990PTC019711

  • Company No.

    019711

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Sep 1990

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Metals and Minerals

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

Board Members (2)

NameDesignationAppointment DateStatus
Sardarmal Kothari Country flag representing In Director 01-Oct-2004Current
Priyavand Kothari Country flag representing In Director 25-Jan-2020Current

Financial Performance of Goyal Ispat.

Goyal Ispat Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 96.87% increase. The company also saw a substantial fall in profitability, with a 80.24% decrease in profit. The company's net worth observed a substantial decline by a decrease of 54.47%.

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
96.87%
Revenue from Operations
96.87%
Total Assets
-10.82%
Profit or Loss
-80.24%
Net Worth
-54.47%
EBITDA
-110.27%

What is the Ownership and Shareholding Structure of Goyal Ispat?

In 2023, Goyal Ispat had a promoter holding of 70.63% and a public holding of 29.37%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹17.50 Cr

Satisfied Charges

₹3.30 Cr

Charges Breakdown by Lending Institutions

  • Others : 17.50 Cr

Latest Charge Details

DateLenderAmountStatus
28 Sep 2002Others₹17.50 CrOpen
22 Oct 1994The Bank Of Rajasthan Ltd₹1.75 CrSatisfied
25 Oct 1993The Bank Of Rajasthan Ltd.₹0.26 MSatisfied
11 Jun 1993The Bank Of Rajasthan Ltd₹7.50 MSatisfied
26 Apr 1993The Bank Of Rajasthan Ltd.₹0.39 MSatisfied

How Many Employees Work at Goyal Ispat?

Unlock and access historical data on people associated with Goyal Ispat, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Goyal 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 Goyal 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 Goyal Ispat

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Goyal Ispat Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Priyavand Kothari was appointed as a Director was appointed as a Director on 25 Jan 2020 & has been associated with this company since 5 years 30 days .

    25 Jan 2020

  • Charges

    A charge with Others of Rs. 17.50 Cr registered on 28 Sep 2002 with Charge ID 90284149 was modified on 30 Jun 2017.

    30 Jun 2017

  • Director Appointment

    Sardarmal Kothari was appointed as a Director was appointed as a Director on 01 Oct 2004 & has been associated with this company since 20 years 4 months .

    01 Oct 2004

  • Charges

    A charge registered on 25 Oct 1993 via Charge ID 90283514 with The Bank Of Rajasthan Ltd. was fully satisfied on 17 Sep 2003.

    17 Sep 2003

Frequently asked questions

  • Goyal Ispat Private Limited was incorporated on 26 Sep 1990.

  • The authorized share capital of Goyal Ispat Private Limited is ₹ 7.75 Cr and paid-up capital is ₹ 6.73 Cr.

  • Currently 2 directors are associated with Goyal Ispat Private Limited.

    • Sardarmal Kothari
    • Priyavand Kothari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Goyal Ispat Private Limited is No.664 Tiruvottiyur High Road Tondiarpet, India, Chennai, Tamil Nadu, 600081.

  • The corporate identification number (CIN) of Goyal Ispat Private Limited is U27104TN1990PTC019711 and the company number is 019711 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Goyal Ispat Private Limited is https://www.kamachigroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Goyal Ispat Private Limited has risen by 96.87%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Goyal Ispat Private Limited has experienced an downturn of -54.47%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Goyal Ispat Private Limited amount to ₹ 17.50 Cr.

  • The most recent Balance Sheet for Goyal Ispat Private Limited was filed with the ROC on 31 Mar 2023.

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