Ignite Steel Private Limited

Steel company with no business activity, established in 1997 in Jamshedpur, Jharkhand.

1997 | Jamshedpur, Jharkhand (India) | Active
Last Updated:

Ignite Steel Profile

Key Indicators

  • Authorised Capital ₹ 1.30 Cr
  • Paid Up Capital ₹ 1.19 Cr
  • Company Age 27 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.00 Cr
  • Satisfied Charges ₹ 6.37 Cr
  • Revenue Growth %
  • Profit Growth 0.84%
  • Ebitda 0.84%
  • Net Worth -0.12%
  • Total Assets -0.16%

About Ignite Steel

Ignite Steel Private Limited (ISPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 November 1997 and has a history of 27 years and four months. Its registered office is in Jamshedpur, Jharkhand.

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 1.30 Cr and a paid-up capital of Rs 1.19 Cr.

The company currently has active open charges totaling ₹2.00 Cr. The company has closed loans amounting to ₹6.37 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vijay Agrawal, Jitendra Agarwal, Jugal Agarwal, and Two other members serve as directors at the Company.

Company Details

  • Location Jamshedpur, Jharkhand
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U00331JH1997PTC008218

  • Company No.

    008218

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Nov 1997

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jharkhand

Who are the key members and board of directors at Ignite Steel?

Board Members (5)

NameDesignationAppointment DateStatus
Vijay Agrawal Country flag representing In Additional Director 20-Oct-2023Current
Jitendra Agarwal Country flag representing In Additional Director 20-Oct-2023Current
Jugal Agarwal Country flag representing In Director 05-Nov-1997Current
Ashok Shah Country flag representing In Director 29-Sep-1999Current
Anjani Mishra Country flag representing In Director 05-Nov-1997Current

Financial Performance of Ignite Steel.

Ignite Steel Private Limited, for the financial year ended 2021, experienced no change in revenue, with a 0% increase. The company also saw a slight improvement in profitability, with a 0.84% increase in profit. The company's net worth dipped by a decrease of 0.12%.

Ignite Steel revenue growth over time
Ignite Steel 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
Revenue from Operations
Total Assets
-0.16%
Profit or Loss
0.84%
Net Worth
-0.12%
EBITDA
0.84%

What is the Ownership and Shareholding Structure of Ignite Steel?

In 2021, Ignite Steel had a promoter holding of 34.86% and a public holding of 65.14%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.00 Cr

Satisfied Charges

₹6.37 Cr

Charges Breakdown by Lending Institutions

  • West Bengal Financial Corporation : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
10 Oct 2002West Bengal Financial Corporation₹2.00 CrOpen
05 Nov 2009Axis Bank Limited₹4.00 CrSatisfied
01 Aug 2007Small Industrial Development Bank Of India₹8.70 MSatisfied
29 Aug 1999Bank Of Baroda₹5.00 MSatisfied
03 Dec 1998Small Industries Development Bank Of India₹1.00 CrSatisfied

How Many Employees Work at Ignite Steel?

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

Employee growth trends for Ignite Steel Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ignite Steel, 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 Ignite Steel'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 Ignite Steel

Recent activity within the organization

  • Annual General Meeting

    Ignite Steel Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Ignite Steel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jharkhand.

  • Director Appointment

    Vijay Kumar Agrawal was appointed as a Additional Director was appointed as a Additional Director on 20 Oct 2023 & has been associated with this company since 1 year 5 months .

  • Director Appointment

    Jitendra Kumar Agarwal was appointed as a Additional Director was appointed as a Additional Director on 20 Oct 2023 & has been associated with this company since 1 year 5 months .

  • Charges

    A charge registered on 05 Nov 2009 via Charge ID 10191844 with Axis Bank Limited was fully satisfied on 01 Jun 2019.

  • Charges

    A charge with Axis Bank Limited of Rs. 4.00 Cr registered on 05 Nov 2009 with Charge ID 10191844 was modified on 03 Nov 2012.

Frequently asked questions

  • What is the Incorporation or founding date of Ignite Steel Private Limited?

    Ignite Steel Private Limited was incorporated on 05 Nov 1997.

  • What is authorized share capital and paid-up capital of Ignite Steel Private Limited?

    The authorized share capital of Ignite Steel Private Limited is ₹ 1.30 Cr and paid-up capital is ₹ 1.19 Cr.

  • Who are the current board members & directors of Ignite Steel Private Limited?

    Currently 5 directors are associated with Ignite Steel Private Limited.

    • Vijay Kumar Agrawal
    • Jitendra Kumar Agarwal
    • Jugal Kishore Agarwal
    • Ashok Kumar Shah
    • Anjani Kumar Mishra

  • What is the registered address of Ignite Steel Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ignite Steel Private Limited is Marwari Para Road Jugsalai, . India, Jamshedpur, Jharkhand.

  • What is the corporate identification number (CIN) and company number of Ignite Steel Private Limited?

    The corporate identification number (CIN) of Ignite Steel Private Limited is U00331JH1997PTC008218 and the company number is 008218 as per Ministry of Corporate Affairs (MCA).

  • What change has been observed in the net worth of Ignite Steel Private Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Ignite Steel Private Limited has experienced an downturn of -0.12%.

  • What are the total open charges for Ignite Steel Private Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Ignite Steel Private Limited amount to ₹ 2.00 Cr.

  • When was the last Balance Sheet of Ignite Steel Private Limited filed with the ROC?

    The most recent Balance Sheet for Ignite Steel Private Limited was filed with the ROC on 31 Mar 2024.

People also Viewed