Loha Ispaat Limited

Steel service center in India providing processing and finishing services for flat steel.

1988 | Raigarh, Maharashtra (India) | Under Liquidation
Last Updated: April 22, 2024

Loha Ispaat Profile

Key Indicators

  • Authorised Capital ₹ 103.00 Cr
  • Paid Up Capital ₹ 75.51 Cr
  • Company Age 36 Year, 2 Months
  • Last Filing with ROC 31 Mar 2017
  • Open Charges ₹ 2,103.81 Cr
  • Satisfied Charges ₹ 684.16 Cr
  • Revenue Growth 8.36%
  • Profit Growth 100.33%
  • Ebitda 43.11%
  • Net Worth -56.56%
  • Total Assets -22.47%

About Loha Ispaat

Loha Ispaat Limited (LIL) is Under Liquidation company established on 20 Dec 1988 with its office registered at Raigarh, Maharashtra, India and has been running since 36 Year, 2 Months with a paid up capital of 75.51 Cr. According to MCA records, 3 Directors are linked to this company as of 22 Apr 2024.

Company Details

  • Location

    Raigarh, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    loha.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27200MH1988PLC050107

  • Company No.

    050107

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Dec 1988

  • Date of AGM

    30 Sep 2017

  • Date of Balance Sheet

    31 Mar 2017

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Loha Ispaat Limited offer?

Loha Ispaat Limited offers a wide range of products and services, including Metal & Metal Made Products, Stainless Steel Sheet, Steel Sheets, Metal Sheets, Hot Rolled Sheets, TMT Bars, SS TMT Bar, HRPO Sheet, Steel and Stainless Steel Coils, Hot Rolled Steel Coil.

Who are the key members and board of directors at Loha Ispaat?

Executive Team (1)

NameDesignationAppointment DateStatus
Rajesh Agarwal Country flag representing In Managing Director02-Sep-2014Current

Board Members (2)

NameDesignationAppointment DateStatus
Pratik Patil Country flag representing In Additional Director 09-Feb-2017Current
Sandip Mandavkar Country flag representing In Director 09-Mar-2016Current

Financial Performance of Loha Ispaat.

Loha Ispaat Limited, for the financial year ended 2017, experienced modest growth in revenue, with a 8.36% increase. The company also saw a substantial improvement in profitability, with a 100.33% increase in profit. The company's net worth observed a substantial decline by a decrease of 56.56%.

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
8.36%
Revenue from Operations
11.74%
Total Assets
-22.47%
Profit or Loss
100.33%
Net Worth
-56.56%
EBITDA
43.11%

What is the Ownership and Shareholding Structure of Loha Ispaat?

In 2017, Loha Ispaat had a promoter holding of 93.71% and a public holding of 6.29%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2,103.81 Cr

Satisfied Charges

₹684.16 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 1398.63 Cr
  • State Bank Of India : 363.00 Cr
  • The Federal Bank Ltd : 145.00 Cr
  • Punjab National Bank : 75.00 Cr
  • Others : 46.00 Cr
  • Others : 76.18 Cr

Latest Charge Details

DateLenderAmountStatus
25 Feb 2014Bank Of India₹45.00 CrOpen
28 Sep 2013Others₹10.00 CrOpen
23 May 2013Punjab National Bank₹75.00 CrOpen
19 Mar 2013Edelweiss Asset Reconstruction Company Limited₹30.00 CrOpen
05 Feb 2013The Federal Bank Ltd₹145.00 CrOpen

How Many Employees Work at Loha Ispaat?

Loha Ispaat has a workforce of 0 employees as of Apr 04, 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 Loha Ispaat, 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 Loha Ispaat'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 Loha Ispaat

Recent activity within the organization

  • Annual General Meeting

    Loha Ispaat Limited last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records.

    30 Sep 2017

  • Balance Sheet

    Loha Ispaat Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Mumbai.

    31 Mar 2017

  • Director Appointment

    Pratik Ganpat Patil was appointed as a Additional Director was appointed as a Additional Director on 09 Feb 2017 & has been associated with this company since 8 years 14 days .

    09 Feb 2017

  • Charges

    A charge with Others of Rs. 36.00 Cr registered on 19 Dec 2012 with Charge ID 10392686 was modified on 29 Jun 2016.

    29 Jun 2016

  • Director Appointment

    Sandip Mandavkar was appointed as a Director was appointed as a Director on 09 Mar 2016 & has been associated with this company since 8 years 11 months .

    09 Mar 2016

  • Charges

    A charge with Others of Rs. 10.00 Cr registered on 28 Sep 2013 with Charge ID 10459501 was modified on 28 Jan 2016.

    28 Jan 2016

Frequently asked questions

  • Loha Ispaat Limited was incorporated on 20 Dec 1988.

  • The authorized share capital of Loha Ispaat Limited is ₹ 103.00 Cr and paid-up capital is ₹ 75.51 Cr.

  • Currently 3 directors are associated with Loha Ispaat Limited.

    • Rajesh Mohanlal Agarwal
    • Pratik Ganpat Patil
    • Sandip Mandavkar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Loha Ispaat Limited is S.No 2/4/5 & Oth, Village-Ransai, Taluka Khalapur, Maharashtra, India, 410203.

  • The corporate identification number (CIN) of Loha Ispaat Limited is U27200MH1988PLC050107 and the company number is 050107 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Loha Ispaat Limited is https://www.loha.in

  • According to the financial reports for the fiscal year 2017, the revenue trend for Loha Ispaat Limited has risen by 8.36%.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Loha Ispaat Limited has experienced an downturn of -56.56%.

  • As per the financial statements for fiscal Year 2017, The total open charges for Loha Ispaat Limited amount to ₹ 2,103.81 Cr.

  • The most recent Balance Sheet for Loha Ispaat Limited was filed with the ROC on 31 Mar 2017.

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