Kesar Ispat Limited

Produces billets and ingots since 2008, based in Indore, Madhya Pradesh.

2008 | Pithampur, Madhya Pradesh (India) | Active
Last Updated:

Kesar Ispat Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.86 Cr
  • Company Age 16 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 9.34 Cr
  • Satisfied Charges ₹ 18.60 Cr
  • Revenue Growth -60.12%
  • Profit Growth -63.11%
  • Ebitda -6.61%
  • Net Worth 119.81%
  • Total Assets -14.79%

About Kesar Ispat

Kesar Ispat Limited (KIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 30 April 2008 and has a history of 16 years and ten months. Its registered office is in Pithampur, Madhya Pradesh, India.

The Corporate was formerly known as Taneja Ispat 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 2023. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 2.86 Cr.

The company currently has active open charges totaling ₹9.34 Cr. The company has closed loans amounting to ₹18.60 Cr, as per Ministry of Corporate Affairs (MCA) records.

Saurabh Jain, Sonam Jain, and Bhagwan Jagetia serve as directors at the Company.

Company Details

  • Location

    Pithampur, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27107MP2008PLC020650

  • Company No.

    020650

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Apr 2008

  • 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 Kesar Ispat?

Board Members (3)

NameDesignationAppointment DateStatus
Saurabh Jain Country flag representing In Director 23-Dec-2017Current
Sonam Jain Country flag representing In Director 23-Dec-2017Current
Bhagwan Jagetia Country flag representing In Director 23-Dec-2017Current

Financial Performance of Kesar Ispat.

Kesar Ispat Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 60.12% decrease. The company also saw a substantial fall in profitability, with a 63.11% decrease in profit. The company's net worth Soared by an impressive increase of 119.81%.

Kesar Ispat revenue growth over time
Kesar Ispat 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
-60.12%
Revenue from Operations
-60.78%
Total Assets
-14.79%
Profit or Loss
-63.11%
Net Worth
119.81%
EBITDA
-6.61%

What is the Ownership and Shareholding Structure of Kesar Ispat?

In 2023, Kesar Ispat had a promoter holding of 53.52% and a public holding of 46.48%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.34 Cr

Satisfied Charges

₹18.60 Cr

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 9.25 Cr
  • Hdfc Bank Limited : 0.09 Cr

Latest Charge Details

DateLenderAmountStatus
25 Sep 2023Hdfc Bank Limited₹0.90 MOpen
10 Mar 2023Indian Overseas Bank₹9.25 CrOpen
19 Jul 2014Indian Overseas Bank₹18.60 CrSatisfied

How Many Employees Work at Kesar Ispat?

Kesar Ispat has a workforce of 7 employees as of Apr 05, 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.

Employee growth trends for Kesar Ispat Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Kesar 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 Kesar 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 Kesar Ispat

Recent activity within the organization

  • Annual General Meeting

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

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.09 Cr with Charge ID 100795805 was registered on 25 Sep 2023.

  • Balance Sheet

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

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 9.25 Cr with Charge ID 100691754 was registered on 10 Mar 2023.

  • Charges

    A charge registered on 19 Jul 2014 via Charge ID 10513578 with Indian Overseas Bank was fully satisfied on 06 Feb 2023.

  • Charges

    A charge with Indian Overseas Bank of Rs. 18.60 Cr registered on 19 Jul 2014 with Charge ID 10513578 was modified on 26 Mar 2019.

Frequently asked questions

  • What is the Incorporation or founding date of Kesar Ispat Limited?

    Kesar Ispat Limited was incorporated on 30 Apr 2008.

  • What is authorized share capital and paid-up capital of Kesar Ispat Limited?

    The authorized share capital of Kesar Ispat Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.86 Cr.

  • Who are the current board members & directors of Kesar Ispat Limited?

    Currently 3 directors are associated with Kesar Ispat Limited.

    • Saurabh Jain
    • Sonam Jain
    • Bhagwan Das Jagetia

  • What is the registered address of Kesar Ispat Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Kesar Ispat Limited is Plot No. 619-621 Secror Iii, Pithampur, Madhya Pradesh, India, 454774.

  • What is the corporate identification number (CIN) and company number of Kesar Ispat Limited?

    The corporate identification number (CIN) of Kesar Ispat Limited is U27107MP2008PLC020650 and the company number is 020650 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Kesar Ispat Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Kesar Ispat Limited has fallen by -60.12%.

  • How many employees does Kesar Ispat Limited currently have?

    As Per 2023 financial reports, 7 employees are currently employed by Kesar Ispat Limited.

  • What change has been observed in the net worth of Kesar Ispat Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Kesar Ispat Limited has experienced an upsurge of 119.81%.

  • What are the total open charges for Kesar Ispat Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Kesar Ispat Limited amount to ₹ 9.34 Cr.

  • When was the last Balance Sheet of Kesar Ispat Limited filed with the ROC?

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

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