M B Ispat Corporation Limited

Produces iron and steel products for industrial and non-industrial use through manufacturing, processing, and trading.

2002 | Kolkata, West Bengal (India) | Active
Last Updated:

M B Ispat Corporation Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 8.76 Cr
  • Company Age 22 Year, 7 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 seven 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

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27109WB2002PLC094878

  • Company No.

    094878

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Jul 2002

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals

Who are the key members and board of directors at M B Ispat Corporation?

Board Members (4)

NameDesignationAppointment DateStatus
Raj Agarwal Country flag representing In Director 12-Jul-2002Current
Shankar Agrawal Country flag representing In Director 01-Feb-2003Current
Arun Agrawal Country flag representing In Director 12-Jul-2002Current
Ritesh Agrawal Country flag representing In Director 12-Jul-2002Current

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%.

M B Ispat Corporation revenue growth over time
M B Ispat Corporation 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
21.33%
Revenue from Operations
21.32%
Total Assets
12.99%
Profit or Loss
24.83%
Net Worth
20.55%
EBITDA
31.34%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹31.58 Cr

Satisfied Charges

₹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

DateLenderAmountStatus
31 Oct 2022Others₹6.48 MOpen
16 Jul 2021Others₹2.93 MOpen
18 Mar 2005Others₹22.67 CrOpen
08 Aug 2003Central Bank Of India₹2.97 CrOpen
08 Aug 2003West Bengal Financial Corp.₹5.00 CrOpen

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.

Employee growth trends for M B Ispat Corporation Limited

Deals i

Graph showing company valuation over time

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

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 M B Ispat Corporation

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    M B Ispat Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

  • Charges

    A charge with Others of Rs. 22.67 Cr registered on 18 Mar 2005 with Charge ID 90248786 was modified on 03 Feb 2023.

  • Charges

    A charge with Others amounted to Rs. 0.65 Cr with Charge ID 100626001 was registered on 31 Oct 2022.

  • Charges

    A charge registered on 27 Dec 2016 via Charge ID 100073578 with Others was fully satisfied on 06 Aug 2021.

  • Charges

    A charge with Others amounted to Rs. 0.29 Cr with Charge ID 100466497 was registered on 16 Jul 2021.

Frequently asked questions

  • What is the Incorporation or founding date of M B Ispat Corporation Limited?

    M B Ispat Corporation Limited was incorporated on 12 Jul 2002.

  • What is authorized share capital and paid-up capital of M B Ispat Corporation Limited?

    The authorized share capital of M B Ispat Corporation Limited is ₹ 10.00 Cr and paid-up capital is ₹ 8.76 Cr.

  • Who are the current board members & directors of M B Ispat Corporation Limited?

    Currently 4 directors are associated with M B Ispat Corporation Limited.

    • Raj Kumar Agarwal
    • Shankar Lal Agrawal
    • Arun Kumar Agrawal
    • Ritesh Kumar Agrawal

  • What is the registered address of M B Ispat Corporation Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of M B Ispat Corporation Limited is 21 Hemant Basu Saranir No 428 Hare Street, Kolkata, West Bengal, India, 700001.

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

    The corporate identification number (CIN) of M B Ispat Corporation Limited is U27109WB2002PLC094878 and the company number is 094878 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for M B Ispat Corporation Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for M B Ispat Corporation Limited has risen by 21.33%.

  • How many employees does M B Ispat Corporation Limited currently have?

    As Per 2023 financial reports, 88 employees are currently employed by M B Ispat Corporation Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of M B Ispat Corporation Limited has experienced an upsurge of 20.55%.

  • What are the total open charges for M B Ispat Corporation Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for M B Ispat Corporation Limited amount to ₹ 31.58 Cr.

  • When was the last Balance Sheet of M B Ispat Corporation Limited filed with the ROC?

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