M B Ispat Corporation Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 8.76 Cr
- Company Age 22 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 31.58 Cr
- Satisfied Charges ₹ 8.00 Cr
- Revenue Growth 21.33%
- Profit Growth 24.83%
- Ebitda 31.34%
- Net Worth 20.55%
- Total Assets 12.99%
About M B Ispat Corporation
M B Ispat Corporation Limited (MBICL) is a leading Public Limited Indian Non-Government Company incorporated in India on 12 July 2002 and has a history of 22 years and six months. Its registered office is in Kolkata, West Bengal, 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 10.00 Cr and a paid-up capital of Rs 8.76 Cr.
The company currently has active open charges totaling ₹31.58 Cr. The company has closed loans amounting to ₹8.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Raj Agarwal, Shankar Agrawal, Arun Agrawal, and One other member serve as directors at the Company.
Company Details
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Location
Kolkata, West Bengal, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U27109WB2002PLC094878
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Company No.
094878
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
12 Jul 2002
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Kolkata
Industry
Who are the key members and board of directors at M B Ispat Corporation?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Raj Agarwal
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Director | 12-Jul-2002 | Current |
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Shankar Agrawal
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Director | 01-Feb-2003 | Current |
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Arun Agrawal
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Director | 12-Jul-2002 | Current |
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Ritesh Agrawal
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Director | 12-Jul-2002 | Current |
Financial Performance of M B Ispat Corporation.
M B Ispat Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.33% increase. The company also saw a substantial improvement in profitability, with a 24.83% increase in profit. The company's net worth Soared by an impressive increase of 20.55%.
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What is the Ownership and Shareholding Structure of M B Ispat Corporation?
In 2023, M B Ispat Corporation had a promoter holding of 13.14% and a public holding of 86.86%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Mb Wheels Junction Private LimitedRaj Agarwal is a mutual person
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Mb Sponge & Power Limited
Shankar Agrawal and Ritesh Agrawal are mutual person
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Ritesh Tradefin Ltd
Shankar Agrawal and Ritesh Agrawal are mutual person
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Bengal Sponge Manufacturers Mining Limited
Shankar Agrawal is a mutual person
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Shristi Ispat & Alloys Limited
Shankar Agrawal is a mutual person
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Mb Bio-Venture Private Limited
Arun Agrawal is a mutual person
Charges (Loans)
₹31.58 Cr
₹8.00 Cr
Charges Breakdown by Lending Institutions
- Others : 23.61 Cr
- West Bengal Financial Corp. : 5.00 Cr
- Central Bank Of India : 2.97 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Oct 2022 | Others | ₹6.48 M | Open |
| 16 Jul 2021 | Others | ₹2.93 M | Open |
| 18 Mar 2005 | Others | ₹22.67 Cr | Open |
| 08 Aug 2003 | Central Bank Of India | ₹2.97 Cr | Open |
| 08 Aug 2003 | West Bengal Financial Corp. | ₹5.00 Cr | Open |
How Many Employees Work at M B Ispat Corporation?
M B Ispat Corporation has a workforce of 88 employees as of Mar 25, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of M B Ispat Corporation, 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 M B Ispat Corporation's trajectory.
Rating
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
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.