Ipi Steel Ltd

Manufacturer of steel products, including ingots, bars, and angles. ISO 9001 certified.

1983 | Dhenkal, Orissa (India) | Active
Last Updated: July 25, 2024

Ipi Steel Profile

Key Indicators

  • Authorised Capital ₹ 7.50 Cr
  • Paid Up Capital ₹ 6.39 Cr
  • Company Age 41 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 78.18 Cr
  • Revenue Growth %
  • Profit Growth -25.77%
  • Ebitda -738.93%
  • Net Worth -1.67%
  • Total Assets -1.21%

About Ipi Steel

Ipi Steel Ltd (ISL) is a Public Limited Indian Non-Government Company incorporated in India on 26 February 1983 and has a history of 41 years and 11 months. Its registered office is in Dhenkal, Orissa, 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 7.50 Cr and a paid-up capital of Rs 6.39 Cr.

The company has closed loans amounting to ₹78.18 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Suprasanna Sahoo, Shrinibash Sahoo, Sonal Sahoo, and One other member serve as directors at the Company.

Company Details

  • Location

    Dhenkal, Orissa, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27101OR1983PLC001173

  • Company No.

    001173

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Feb 1983

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Metals and Minerals

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

Board Members (4)

NameDesignationAppointment DateStatus
Suprasanna Sahoo Country flag representing In Director 04-Aug-2006Current
Shrinibash Sahoo Country flag representing In Director 04-Aug-2006Current
Sonal Sahoo Country flag representing In Director 04-Aug-2006Current
Sophina Sahoo Country flag representing In Director 18-Nov-2009Current

Financial Performance of Ipi Steel.

Ipi Steel Ltd, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 25.77% decrease in profit. The company's net worth dipped by a decrease of 1.67%.

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
Revenue from Operations
Total Assets
-1.21%
Profit or Loss
-25.77%
Net Worth
-1.67%
EBITDA
-738.93%

What is the Ownership and Shareholding Structure of Ipi Steel?

In 2023, Ipi Steel had a promoter holding of 98.80% and a public holding of 1.21%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹78.18 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 46.62 Cr
  • Srei Equipment Finance Private Limited : 20.56 Cr
  • Others : 5.00 Cr
  • Small Industries Development Bank Of India (Sidbi) : 4.00 Cr
  • Axis Bank Limited : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
15 Mar 2017Others₹5.00 CrSatisfied
27 Sep 2013Axis Bank Limited₹2.00 CrSatisfied
22 Dec 2012Srei Equipment Finance Private Limited₹10.56 CrSatisfied
15 Dec 2010Srei Equipment Finance Private Limited₹10.00 CrSatisfied
15 Jul 2010Small Industries Development Bank Of India (Sidbi)₹4.00 CrSatisfied

How Many Employees Work at Ipi Steel?

Unlock and access historical data on people associated with Ipi Steel, 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 Ipi 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 Ipi 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 Ipi Steel

Recent activity within the organization

  • Annual General Meeting

    Ipi Steel Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Ipi Steel Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Cuttack.

    31 Mar 2023

  • Charges

    A charge registered on 15 Mar 2017 via Charge ID 100112163 with Others was fully satisfied on 27 Aug 2021.

    27 Aug 2021

  • Charges

    A charge registered on 22 Dec 2012 via Charge ID 10401881 with Srei Equipment Finance Private Limited was fully satisfied on 27 Aug 2021.

    27 Aug 2021

  • Charges

    A charge registered on 15 Jul 2010 via Charge ID 10228990 with Small Industries Development Bank Of India (Sidbi) was fully satisfied on 25 Aug 2021.

    25 Aug 2021

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100112163 was registered on 15 Mar 2017.

    15 Mar 2017

Frequently asked questions

  • Ipi Steel Ltd was incorporated on 26 Feb 1983.

  • The authorized share capital of Ipi Steel Ltd is ₹ 7.50 Cr and paid-up capital is ₹ 6.39 Cr.

  • Currently 4 directors are associated with Ipi Steel Ltd.

    • Suprasanna Sahoo
    • Shrinibash Sahoo
    • Sonal Sahoo
    • Sophina Sahoo
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ipi Steel Ltd is Company S Factory Sitegundichapada, Dhenkal, Orissa, India, 759025.

  • The corporate identification number (CIN) of Ipi Steel Ltd is U27101OR1983PLC001173 and the company number is 001173 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ipi Steel Ltd has experienced an downturn of -1.67%.

  • The most recent Balance Sheet for Ipi Steel Ltd was filed with the ROC on 31 Mar 2023.

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