Ispat Damodar Private Limited

Manufactures sponge iron, MS billet, and ferroalloys with captive power plant in West Bengal.

1996 | Kolkata, West Bengal (India) | Active
Last Updated: July 17, 2024

Ispat Damodar Profile

Key Indicators

  • Authorised Capital ₹ 12.10 Cr
  • Paid Up Capital ₹ 9.08 Cr
  • Company Age 28 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 95.25 Cr
  • Satisfied Charges ₹ 294.03 Cr
  • Revenue Growth -6.85%
  • Profit Growth 51.86%
  • Ebitda -22.80%
  • Net Worth 4.25%
  • Total Assets -2.27%

About Ispat Damodar

Ispat Damodar Private Limited (IDPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 April 1996 and has a history of 28 years and ten months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Brand Projects Ltd. 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 12.10 Cr and a paid-up capital of Rs 9.08 Cr.

The company currently has active open charges totaling ₹95.25 Cr. The company has closed loans amounting to ₹294.03 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sumita Majee, Arup Majee, and Vikas Bansal serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    damodaargroups.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74140WB1996PTC079124

  • Company No.

    079124

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Apr 1996

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals
Energy and Power

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

Board Members (3)

NameDesignationAppointment DateStatus
Sumita Majee Country flag representing In Director 19-Jul-2022Current
Arup Majee Country flag representing In Director 03-Jan-2019Current
Vikas Bansal Country flag representing In Director Current

Financial Performance of Ispat Damodar.

Ispat Damodar Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 6.85% decrease. The company also saw a substantial improvement in profitability, with a 51.86% increase in profit. The company's net worth moved up by a moderate rise of 4.25%.

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
-6.85%
Revenue from Operations
-7.19%
Total Assets
-2.27%
Profit or Loss
51.86%
Net Worth
4.25%
EBITDA
-22.80%

What is the Ownership and Shareholding Structure of Ispat Damodar?

In 2023, Ispat Damodar 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

₹95.25 Cr

Satisfied Charges

₹294.03 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 91.22 Cr
  • Others : 1.76 Cr
  • Tata Capital Financial Services Limited : 1.47 Cr
  • Axis Bank Limited : 0.80 Cr

Latest Charge Details

DateLenderAmountStatus
06 Oct 2020Axis Bank Limited₹8.00 MOpen
29 Jun 2018Others₹3.33 MOpen
29 Jun 2018Others₹1.93 MOpen
29 Jun 2018Others₹1.93 MOpen
30 Nov 2017Others₹0.69 MOpen

How Many Employees Work at Ispat Damodar?

Ispat Damodar has a workforce of 524 employees as of Apr 02, 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 Ispat Damodar, 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 Ispat Damodar'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 Ispat Damodar

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Director Appointment

    Sumita Majee was appointed as a Director was appointed as a Director on 19 Jul 2022 & has been associated with this company since 2 years 7 months .

    19 Jul 2022

  • Charges

    A charge registered on 15 Mar 2018 via Charge ID 100166017 with Others was fully satisfied on 09 Jul 2021.

    09 Jul 2021

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.80 Cr with Charge ID 100377276 was registered on 06 Oct 2020.

    06 Oct 2020

  • Charges

    A charge registered on 06 Sep 2016 via Charge ID 100058201 with State Bank Of India was fully satisfied on 30 Sep 2020.

    30 Sep 2020

Frequently asked questions

  • Ispat Damodar Private Limited was incorporated on 08 Apr 1996.

  • The authorized share capital of Ispat Damodar Private Limited is ₹ 12.10 Cr and paid-up capital is ₹ 9.08 Cr.

  • Currently 3 directors are associated with Ispat Damodar Private Limited.

    • Sumita Majee
    • Arup Majee
    • Vikas Bansal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ispat Damodar Private Limited is 99A Park Street Unit 5A 5Th Floor, Kolkata, West Bengal, India, 700016.

  • The corporate identification number (CIN) of Ispat Damodar Private Limited is U74140WB1996PTC079124 and the company number is 079124 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ispat Damodar Private Limited is https://www.damodaargroups.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ispat Damodar Private Limited has fallen by -6.85%.

  • As Per 2023 financial reports, 524 employees are currently employed by Ispat Damodar Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ispat Damodar Private Limited has experienced an upsurge of 4.25%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ispat Damodar Private Limited amount to ₹ 95.25 Cr.

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

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