Hans Ispat Limited

Manufactures and trades various steel products, including billets, round bars, TMT bars, and flat bars.

1991 | Ahmedabad, Gujarat (India) | Active
Last Updated: October 24, 2024

Hans Ispat Profile

Key Indicators

  • Authorised Capital ₹ 37.00 Cr
  • Paid Up Capital ₹ 36.42 Cr
  • Company Age 33 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 252.57 Cr
  • Satisfied Charges ₹ 174.70 Cr
  • Revenue Growth -99.93%
  • Profit Growth 60.10%
  • Ebitda 97.85%
  • Net Worth -2.92%
  • Total Assets -6.94%

About Hans Ispat

Hans Ispat Limited (HIL) is a Public Limited Indian Non-Government Company incorporated in India on 12 November 1991 and has a history of 33 years and two months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Hans Ispat Private 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 2024. It's a company limited by shares with an authorized capital of Rs 37.00 Cr and a paid-up capital of Rs 36.42 Cr.

The company currently has active open charges totaling ₹252.57 Cr. The company has closed loans amounting to ₹174.70 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Hans Ispat Limited India is Amit Patwarika as CFO. Shailesh Bhandari, Chaitanyapratap Sharma, Lubna Walia, and One other member serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51109GJ1991PLC057955

  • Company No.

    057955

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Nov 1991

  • Date of AGM

    09 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Metals and Minerals

What products or services does Hans Ispat Limited offer?

Hans Ispat Limited offers a wide range of products and services, including Transformers & Transformer Parts, Transformers, Telecommunication Equipment & Parts, Communication Systems and Equipment, Electrical & Signaling Contractors, Electrical Work, Steel Pipes and Tubes, Welded Pipes.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Amit Patwarika Country flag representing In CFO02-Mar-2020Current

Board Members (4)

NameDesignationAppointment DateStatus
Chaitanyapratap Sharma Country flag representing In Director 28-Mar-2015Current
Shailesh Bhandari Country flag representing In Director 01-Jun-2010Current
Lubna Walia Country flag representing In Director 02-Mar-2020Current
Gouranga Rout Country flag representing In Director 07-Jun-2021Current

Financial Performance of Hans Ispat.

Hans Ispat Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 99.93% decrease. The company also saw a substantial improvement in profitability, with a 60.1% increase in profit. The company's net worth dipped by a decrease of 2.92%.

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
-99.93%
Revenue from Operations
-99.92%
Total Assets
-6.94%
Profit or Loss
60.10%
Net Worth
-2.92%
EBITDA
97.85%

What is the Ownership and Shareholding Structure of Hans Ispat?

In 2023, Hans Ispat had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹252.57 Cr

Satisfied Charges

₹174.70 Cr

Charges Breakdown by Lending Institutions

  • Invent Assets Securitisation And Reconstruction Private Limited : 180.02 Cr
  • State Bank Of India : 72.55 Cr

Latest Charge Details

DateLenderAmountStatus
21 Aug 2012State Bank Of India₹60.30 CrOpen
05 Sep 2011State Bank Of India₹12.25 CrOpen
05 Sep 2011Invent Assets Securitisation And Reconstruction Private Limited₹90.01 CrOpen
05 Sep 2011Invent Assets Securitisation And Reconstruction Private Limited₹90.01 CrOpen
13 Sep 2010State Bank Of India₹63.49 CrSatisfied

How Many Employees Work at Hans Ispat?

Hans Ispat has a workforce of 58 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 Hans 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 Hans 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 Hans Ispat

Recent activity within the organization

  • Annual General Meeting

    Hans Ispat Limited last Annual general meeting of members was held on 09 Sep 2024 as per latest MCA records.

    09 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Gouranga Charan Rout was appointed as a Director was appointed as a Director on 07 Jun 2021 & has been associated with this company since 3 years 7 months .

    07 Jun 2021

  • Director Appointment

    Lubna Walia was appointed as a Director was appointed as a Director on 02 Mar 2020 & has been associated with this company since 4 years 11 months .

    02 Mar 2020

  • Director Appointment

    Amit Patwarika was appointed as a Cfo was appointed as a Cfo on 02 Mar 2020 & has been associated with this company since 4 years 11 months .

    02 Mar 2020

  • Director Appointment

    Chaitanyapratap Harish Sharma was appointed as a Director was appointed as a Director on 28 Mar 2015 & has been associated with this company since 9 years 10 months .

    28 Mar 2015

Frequently asked questions

  • Hans Ispat Limited was incorporated on 12 Nov 1991.

  • The authorized share capital of Hans Ispat Limited is ₹ 37.00 Cr and paid-up capital is ₹ 36.42 Cr.

  • Currently 5 directors are associated with Hans Ispat Limited.

    • Shailesh Bhanwarlal Bhandari
    • Chaitanyapratap Harish Sharma
    • Lubna Walia
    • Gouranga Charan Rout
    • Amit Patwarika
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hans Ispat Limited is A-1 Skylark Apartment Satellite Road, India, Ahmedabad, Gujarat, 380015.

  • The corporate identification number (CIN) of Hans Ispat Limited is U51109GJ1991PLC057955 and the company number is 057955 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hans Ispat Limited is https://www.electrotherm.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Hans Ispat Limited has fallen by -99.93%.

  • As Per 2023 financial reports, 58 employees are currently employed by Hans Ispat Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Hans Ispat Limited has experienced an downturn of -2.92%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Hans Ispat Limited amount to ₹ 252.57 Cr.

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

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