Indian Ispat Works Private Limited

Manufacturer and supplier of various steel products, established in 1989 in Raipur, MP.

1989 | Raipur, Chattisgarh (India) | Active
Last Updated: October 24, 2024

Indian Ispat Works Profile

Key Indicators

  • Authorised Capital ₹ 1.25 Cr
  • Paid Up Capital ₹ 1.20 Cr
  • Company Age 35 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 75.06 Cr
  • Satisfied Charges ₹ 8.50 Cr
  • Revenue Growth 36.39%
  • Profit Growth 78.73%
  • Ebitda 73.12%
  • Net Worth 27.60%
  • Total Assets 2.49%

About Indian Ispat Works

Indian Ispat Works Private Limited (IIWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 October 1989 and has a history of 35 years and three months. Its registered office is in Raipur, Chattisgarh, India.

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 1.25 Cr and a paid-up capital of Rs 1.20 Cr.

The company currently has active open charges totaling ₹75.06 Cr. The company has closed loans amounting to ₹8.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Amit Chhugani and Dilip Chhugani serve as directors at the Company.

Company Details

  • Location

    Raipur, Chattisgarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27106CT1989PTC005548

  • Company No.

    005548

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Oct 1989

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Metals and Minerals

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

Board Members (2)

Name Designation Appointment Date Status
Amit Chhugani Country flag representing In Director 19-Sep-2013 Current
Dilip Chhugani Country flag representing In Director 20-Aug-2013 Current

Financial Performance of Indian Ispat Works.

Indian Ispat Works Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 36.39% increase. The company also saw a substantial improvement in profitability, with a 78.73% increase in profit. The company's net worth Soared by an impressive increase of 27.6%.

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
36.39%
Revenue from Operations
36.62%
Total Assets
2.49%
Profit or Loss
78.73%
Net Worth
27.60%
EBITDA
73.12%

What is the Ownership and Shareholding Structure of Indian Ispat Works?

In 2023, Indian Ispat Works had a promoter holding of 82.27% and a public holding of 17.73%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹75.06 Cr

Satisfied Charges

₹8.50 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 75.06 Cr

Latest Charge Details

Date Lender Amount Status
23 Nov 2021 Hdfc Bank Limited ₹48.50 Cr Open
24 Jan 2017 Hdfc Bank Limited ₹5.00 M Open
06 Feb 2015 Hdfc Bank Limited ₹2.29 Cr Open
23 Jan 2015 Hdfc Bank Limited ₹23.78 Cr Open
14 Jan 2011 Axis Bank Limited ₹5.00 Cr Satisfied

How Many Employees Work at Indian Ispat Works?

Indian Ispat Works has a workforce of 69 employees as of Apr 10, 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 Indian Ispat Works, 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 Indian Ispat Works'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 Indian Ispat Works

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 23.78 Cr registered on 23 Jan 2015 with Charge ID 10546426 was modified on 20 Jul 2024.

    20 Jul 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 48.50 Cr registered on 23 Nov 2021 with Charge ID 100513722 was modified on 27 Jul 2023.

    27 Jul 2023

  • Balance Sheet

    Indian Ispat Works Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Gwalior.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 48.50 Cr with Charge ID 100513722 was registered on 23 Nov 2021.

    23 Nov 2021

  • Charges

    A charge with Hdfc Bank Limited of Rs. 2.29 Cr registered on 06 Feb 2015 with Charge ID 10552376 was modified on 23 Nov 2021.

    23 Nov 2021

Frequently asked questions

  • Indian Ispat Works Private Limited was incorporated on 18 Oct 1989.

  • The authorized share capital of Indian Ispat Works Private Limited is ₹ 1.25 Cr and paid-up capital is ₹ 1.20 Cr.

  • Currently 2 directors are associated with Indian Ispat Works Private Limited.

    • Amit Kumar Chhugani
    • Dilip Kumar Chhugani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Indian Ispat Works Private Limited is 0-2, Farista Complex G E Road India, Raipur, Madhya Pradesh, 492001.

  • The corporate identification number (CIN) of Indian Ispat Works Private Limited is U27106CT1989PTC005548 and the company number is 005548 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Indian Ispat Works Private Limited is https://www.indianispat.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Indian Ispat Works Private Limited has risen by 36.39%.

  • As Per 2023 financial reports, 69 employees are currently employed by Indian Ispat Works Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Indian Ispat Works Private Limited has experienced an upsurge of 27.60%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Indian Ispat Works Private Limited amount to ₹ 75.06 Cr.

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

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